Conditional · $489,900
MLS #3211264 · updated 2026-07-09 · listed with OBR Real Estate
0.35-acre homesite at 1509 Sunset Dr in James, Franklin, $489,900 ($1,399,714/acre), by OBR Real Estate.
1509 Sunset Dr is a 0.35-acre homesite in Franklin, TN 37064, offered at $489,900.
Next step: ask Grant Hammond anything about 1509 Sunset Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-07-09. RealTracs via IDX.
This is a vacant homesite (land silo), lot size, price per acre, and buildability are below; interior and residence data do not apply.
Exceptional opportunity to secure a beautiful 76' x 200' level homesite in one of Franklin's most desirable and rapidly evolving downtown neighborhoods. The deep lot provides an unusually large and private backyard setting rarely found this close to Historic Downtown Franklin. Surrounded by a growing number of custom homes and high-end renovations, the property offers outstanding potential for renovation, expansion, new construction, or long-term investment. Quiet established location with next to zero vehicular traffic, an easy bike ride from Main Street dining, shopping, parks, schools, and everyday conveniences. If interested in keeping the home: crawl space needs mold remediation and vapor barrier installed - two quotes, $3,587, and $4,487 (see media). Window replacement also needed - quote for $7,740. (see media)
Listing remarks courtesy of OBR Real Estate via RealTracs.
The evidence behind that pricing read:
Financing a homesite differs from a home mortgage, lot/land loans typically require a larger down payment and a shorter term, and many buyers pay cash or use build-to-permanent financing. Ongoing cost is property tax on the assessed land value. Estimate only; not a loan offer.
| List price | $489,900 |
|---|---|
| Property tax basis | Assessed land value × the county assessment ratio (varies by land classification) × the Williamson County rate |
Last sale and county assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Dated history for this listing, tracked by the GH Market Engine.
1509 Sunset Dr sits in James, Franklin, Williamson County.
As of the latest update (2026-07-09), 1509 Sunset Dr, Franklin is conditional, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
1509 Sunset Dr, Franklin is listed at $489,900, about $1,399,714 per acre across 0.35 acres.
0.35 acres (15,246 sqft).
About $1,399,714 per acre.
1509 Sunset Dr, Franklin is in the James subdivision of Franklin.
No HOA dues are reported for this homesite.
1509 Sunset Dr, Franklin is a homesite; buildability depends on zoning, available utilities, and topography, confirm with the county before purchase. Ask Grant Hammond about new-construction and short-term-rental development potential.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
Complete reported fields for 1509 Sunset Dr (reference).
Get the full details, recent comparable sales, and any off-market options for 1509 Sunset Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with OBR Real Estate. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information believed accurate but not guaranteed. IDX by Diverse Solutions.
Market guidance by Grant Hammond, Compass RE, 25+ years, $1B+ in Middle Tennessee sales.
Franklin, TN single-family homes closed at a median of $1,050,000, or $342 per square foot, over the past 24 months. Median price per square foot runs from $306 to $462 across the seven Williamson County Schools high-school attendance zones (RealTracs, 3,387 closings).
Franklin TN home prices over the trailing six months: 978 closings, a $949,995 median, and the new-construction supply that keeps Williamson County near double the Davidson County median. A broker's data read, with live market stats, current MLS listings, and how Franklin compares to Brentwood.
Short-term rental laws in Middle Tennessee govern permit types, zoning eligibility, and HOA restrictions across Nashville, Brentwood, Franklin, and Belle Meade.
[vc_row][vc_column width="1/1"][vc_column_text]It is quite rare for a high-end property to be foreclosed upon in historic downtown Franklin, TN. It’s even more rare for one of the
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