Active · $835,000
MLS #3239573 · updated 2026-07-04 · listed with MERIT Real Estate Advisors
4-bed, 3-bath home at 239 Scotsman Ln in Ralston Glen Sec 1, Franklin, 3,060 sqft, $835,000 ($273/sqft), by MERIT Real Estate Advisors.
239 Scotsman Ln is a 4-bedroom, 3-bath home in Franklin, TN 37064, offered at $835,000, about $273/sq ft across 3,060 sq ft.
At $273/sq ft, this home is about 32% below the Franklin 37064 median list price per square foot of $400.
Market read: Franklin 37064 homes is a buyer-favored market at about 7.3 months of inventory.
School zone: assigned to Liberty Elementary, Freedom Middle School, Centennial High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 239 Scotsman Ln (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-07-04. RealTracs via IDX.
This is a standard residential home (homes silo), not a short-term-rental property.
Price Improvement AND sellers are offering a $5,000 credit to be used towards closing costs or interest rate buy-down with acceptable offer. Quick possession, too! Beautifully maintained home that blends the charm of a traditional home with the updates today's buyers are looking for. From the impressive front walkway and well-manicured yard to the thoughtful improvements throughout, this home is warm, inviting and move-in ready. Inside, you'll find gorgeous sand-and-finish hardwood floors throughout the main level. The Den features a cozy wood-burning fireplace and is adjacent to the Dining Room and steps from the eat-in Kitchen with beautiful granite countertops, tile backsplash, stainless steel appliances, and freshly painted cabinetry. Guests will appreciate the downstairs bedroom with access to a lovely updated bath with marble tile and walk-in shower. The spacious primary suite offers a relaxing retreat with a beautifully updated bath and an oversized walk-in closet. The exceptional bonus room offers incredible flexibility for a media room, game room or recreation space. It includes a gas corner fireplace and a new mini-split HVAC unit for year-round comfort. Major updates include a roof less than two years old, a one-year-old water heater, and all exterior doors were replaced in 2025. There's abundant attic storage space that was re-insulated and sealed less than two years ago, and the crawlspace was encapsulated at the same time. Entertain and relax on the spacious deck that was installed in 2023. Home is ideally located just minutes from downtown Franklin and I-65 and offers the perfect combination of convenience, comfort, and classic appeal.
Listing remarks courtesy of MERIT Real Estate Advisors via RealTracs.
| Metric | This home | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $273 | $400 median | - |
| Price position | 9th pctile | +9% vs median | - |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of 2026-07-18. Analysis, not an appraisal.
At $273/sq ft, this home ranks in the 9th percentile of the active homes in Franklin 37064 by price per square foot.
Franklin 37064 trades about 9% above greater Franklin on a price-per-square-foot basis.
Taken together, this home reads toward the higher end per square foot for Franklin 37064.
Computed by Grant Hammond from the active Franklin 37064 comparables (RealTracs via IDX), as of 2026-07-18, refreshed weekly. Analysis, not an appraisal.
Median list price per square foot for active single-family homes by high-school attendance zone. Attendance zones cross city mailing lines; this is a price comparison, not a rating.
| High-school zone | Median $/sq ft |
|---|---|
| Brentwood | $367/sq ft |
| Ravenwood | $351/sq ft |
| Franklin | $349/sq ft |
| Independence | $338/sq ft |
| Fred J. Page | $327/sq ft |
| Centennial | $306/sq ft |
| Nolensville | $300/sq ft |
| Summit | $271/sq ft |
| Fairview | $261/sq ft |
Computed by Grant Hammond from active Williamson County listings (RealTracs via IDX). Analysis, not an appraisal.
| Active listings | 653 in Franklin 37064 homes |
|---|---|
| Recent absorption | about 89.5 sales / mo |
| Months of inventory | 7.3 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Franklin 37064 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37064 homes closings. Source RealTracs via IDX, as of 2026-07-16. Analysis, not an appraisal.
Estimated monthly ownership for 239 Scotsman Ln at $835,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $835,000 |
|---|---|
| HOA dues | $46 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The Williamson County appraised value of $504,300 trails the $835,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $2,012 now to roughly $3,332 (appraised value times the 25% Tennessee residential ratio times the Franklin, Williamson County rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Williamson County Assessor of Property and Trustee. Estimate only.
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.
239 Scotsman Ln sits in Ralston Glen Sec 1, Franklin, Williamson County.
In Franklin 37064, homes there are priced around $400 per square foot; inventory is running at about 7.3 months, a buyer-favored market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-07-18. Market data, not an appraisal.
239 Scotsman Ln is zoned for Liberty Elementary, Freedom Middle School, Centennial High School. Attendance zones and enrollment change, confirm current zoning with the Williamson County Schools district before relying on it.
As of the latest update (2026-07-04), 239 Scotsman Ln, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
239 Scotsman Ln, Franklin is listed at $835,000, about $273 per square foot across 3,060 square feet.
4 bedrooms and 3 ba.
About $273 per square foot ($835,000 across 3,060 sqft).
239 Scotsman Ln, Franklin was built in 1992.
Yes, 2 garage spaces, per the listing.
HOA dues are $46 per month, as listed.
239 Scotsman Ln, Franklin is in the Ralston Glen Sec 1 subdivision of Franklin.
239 Scotsman Ln, Franklin is zoned for Liberty Elementary, Freedom Middle School, Centennial High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 239 Scotsman Ln, Franklin is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.
Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.
At about $273 per square foot, 239 Scotsman Ln, Franklin ranks in the 9th percentile of active Franklin 37064 listings by price per square foot, roughly 32% below the Franklin 37064 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Franklin 37064 is currently a buyer-favored market (ample supply), at about 7.3 months of inventory, per RealTracs as of 2026-07-16.
Complete reported fields for 239 Scotsman Ln (reference).
Get the full details, recent comparable sales, and any off-market options for 239 Scotsman Ln - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with MERIT Real Estate Advisors. 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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