Property details
Description of 5906 Carter Ln, Franklin, TN 37064
Multi-generational living potential tucked away on 10 acres at the edge of the Natchez Trace, just minutes from the soulful heartbeat of Leiper's Fork, I-840 and 25 miles of hiking on the Highland Rim trail, 5906 Carter Lane offers a rare blend of artistry, privacy, & timeless Tennessee charm. Set along a secluded, tree-lined drive, this ten-acre retreat feels worlds away while remaining close to Franklin's most beloved destinations. The landscape unfolds into wooded walking trails, a serene pond, a detached office w/ a split system for year-round comfort, a charming she-shed overlooking the water, & a workshop w/ a wood stove for projects or creative pursuits, thoughtfully placed and designed for both work & reflection. Inside, the 3BR, 2.5BA home blends rustic charm w/ modern updates. The remodeled kitchen features open shelving & a handcrafted wood bar both sourced from the property, seamlessly connecting to the main living area where a grand stone fireplace originally built by an Appalachian bear hunter, anchors the space w/ warmth & history. The primary suite rests on the main level, while the reimagined lower level offers two additional bedrooms, a full bath, & two flex rooms ideal for a music studio, teen suite, or guest quarters. The expansive attic offers abundant storage & the potential for additional flex space. Exterior details have been carefully renewed including a new roof, gutters, paint, & restored siding, complemented by fresh landscaping & the soft rhythm of forest life surrounding the home. Preliminary soil test findings suggest the existing home may be expanded to 4-5 BRs and an additional site potentially supports a 5-6 BR residence, offering strong promise for expansion. (Subject to county approval, buyer to verify) Whether envisioned as a creative sanctuary, weekend getaway or family compound, Carter Lane offers room to dream, explore, & truly live connected to nature.
Listing updated:
Zoned schools: Fairview Elementary, Fairview Middle School, Fairview High School (verify current zoning with the district).
Multi-generational living potential tucked away on 10 acres at the edge of the Natchez Trace, just minutes from the soulful heartbeat of Leiper's Fork, I-840 and 25 miles of hiking on the Highland Rim trail, 5906 Carter Lane offers a rare blend of artistry, privacy, & timeless Tennessee charm. Set along a secluded, tree-lined drive, this ten-acre retreat feels worlds away while remaining close to Franklin's most beloved destinations. The landscape unfolds into wooded walking trails, a serene pond, a detached office w/ a split system for year-round comfort, a charming she-shed overlooking the water, & a workshop w/ a wood stove for projects or creative pursuits, thoughtfully placed and designed for both work & reflection. Inside, the 3BR, 2.5BA home blends rustic charm w/ modern updates. The remodeled kitchen features open shelving & a handcrafted wood bar both sourced from the property, seamlessly connecting to the main living area where a grand stone fireplace originally built by an Appalachian bear hunter, anchors the space w/ warmth & history. The primary suite rests on the main level, while the reimagined lower level offers two additional bedrooms, a full bath, & two flex rooms ideal for a music studio, teen suite, or guest quarters. The expansive attic offers abundant storage & the potential for additional flex space. Exterior details have been carefully renewed including a new roof, gutters, paint, & restored siding, complemented by fresh landscaping & the soft rhythm of forest life surrounding the home. Preliminary soil test findings suggest the existing home may be expanded to 4-5 BRs and an additional site potentially supports a 5-6 BR residence, offering strong promise for expansion. (Subject to county approval, buyer to verify) Whether envisioned as a creative sanctuary, weekend getaway or family compound, Carter Lane offers room to dream, explore, & truly live connected to nature.
| LAST UPDATED | 6/6/2026 | TRACT | None |
|---|---|---|---|
| YEAR BUILT | 0 | COUNTY | Williamson |
| STATUS | Active | PROPERTY TYPE(S) | Farms/Ranch |
| Elementary School | Fairview Elementary |
|---|---|
| Jr. High School | Fairview Middle School |
| High School | Fairview High School |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| HEAT | None |
| LOT | 10.04 acre(s) |
| LOT DESCRIPTION | Private, Sloped, Wooded |
| LOT DIMENSIONS | 10.04 |
| SEWER | Private Sewer |
| SUBDIVISION | None |
| TAXES | 1813 |
| WATER | Well |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
Properties marked with the MTRMLS approved logo are provided courtesy of the RealTracs Internet Data Exchange Program
Copyright 2026 MTRMLS, Inc.
Information Is Believed To Be Accurate But Not Guaranteed.
This IDX solution is (c) Diverse Solutions 2026.
About this home
5906 Carter Ln, Franklin, TN 37064 is a home in Franklin, TN 37064, offered at $1,895,000.
Recently sold in Franklin 37064: 12 comparable homes from $1,160,000 to $2,500,000, a median of $444/sq ft.
All-in, about $9,927/mo at 25% down (6.64% 30-yr).
At the current 6.64% 30-year rate, principal and interest on this home runs about $9,113/mo; at the 6.50% rate of about three months ago it would be roughly $8,985/mo; monthly P&I is about $128 higher now.
Beyond principal and interest, the recurring carrying costs on this home (property tax (about $151/mo) and insurance (about $663/mo)) run about $814/mo, roughly 8% of the all-in monthly payment.
Price & sale history
- Last sold for $260,000 in March 2012.
Last sale & county assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
How is it priced in Franklin?
None homes: a buyer's market as of 07-10-2026. About 17 months of supply, 86.4% sale-to-list.
| Active listings | 51 |
|---|---|
| Median list price | $1,250,000 |
| Median $/sqft (list) | $577 |
| Homes closed (12-mo) | 18 |
| Median closed price | $950,000 |
| Average closed price | $1,019,433 |
| Sale-to-list | 86.4% |
| Months of supply | 17 |
As of (51 active listings). Source: RealTracs via IDX. Analysis by Grant Hammond.
How this home compares in Franklin 37064
On a per-square-foot basis, Franklin 37064 runs roughly 11% above greater Franklin.
Computed by Grant Hammond from 2606 active Franklin 37064 comparables (RealTracs via IDX), refreshed weekly. Analysis, not an appraisal.
Williamson County home prices by school zone
Closed single-family sales, trailing 24 monthsHomes zoned to Fairview High closed at a median of $701,380 ($261/sq ft) over the past 24 months, across 661 single-family sales. That is 9th price per square foot of Williamson County's 9 high-school zones, 18% below the $319/sq ft countywide median.
RealTracs closed single-family sales, trailing 24 months, grouped by high-school attendance zone. Assignment depends on the exact address and can change; verify with the district before making an offer. Analysis by Grant Hammond, data via RealTracs (IDX).
Financing 5906 Carter Ln, Franklin
The estimated monthly payment for 5906 Carter Ln, Franklin is about $9,927: a jumbo 30-year mortgage at 6.638% with 25% down, including property tax, insurance. Estimate only; not a loan offer or appraisal.
- Principal & interest: $9,113
- Property tax: $151
- Insurance (est.): $663
- Income to qualify: $425,442
- Cash to close: $530,600
- Equity at yr 5: $562,461
30- vs 15-year fixed, monthly. Source: Freddie Mac & Optimal Blue via FRED, updated 2026-07-08.
Property tax is the actual annual amount reported on the listing for this property, not a list-price estimate. Insurance/PMI are estimates; rate is editable. Estimate only; not a loan offer.
Frequently asked questions
Can you short-term rent 5906 Carter Ln?
5906 Carter Ln is in Franklin (Williamson County), not Metro Nashville, so Nashville's short-term-rental permit program does not apply here. Williamson County and the City of Franklin set their own short-term-rental rules; verify the current local ordinance before counting on STR use.
How much does 5906 Carter Ln cost?
5906 Carter Ln is listed at $1,895,000 (as of 06-06-2026).
Does 5906 Carter Ln have an HOA?
No. 5906 Carter Ln has no HOA dues, per the listing (as of 06-06-2026).
How big is the lot for 5906 Carter Ln?
5906 Carter Ln sits on a 10-acre lot, measuring approximately 10.04 (per the listing).
What are the property taxes on 5906 Carter Ln?
The annual property tax reported for 5906 Carter Ln is about $1,813 (as reported on the listing, as of 06-06-2026).
What is the estimated monthly payment for 5906 Carter Ln?
About $9,927 per month at 6.638% on a 30-year loan with 25% down, including the actual property tax and an insurance estimate. Estimate only, not a loan offer.
What schools serve 5906 Carter Ln?
5906 Carter Ln is zoned for Fairview Elementary, Fairview Middle School, Fairview High School, per the listing. Verify current enrollment and zoning with the district.
Is Franklin a buyer's or seller's market?
Franklin is currently a buyer's market, with about 17 months of supply, 86.4% sale-to-list. The median list price is around $1,250,000 (as of 07-10-2026, RealTracs via IDX).
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Market and guidance
Market guidance by Grant Hammond, Compass RE, with 25+ years and $1B+ in Middle Tennessee sales.
