Active · $1,225,000
MLS #3246532 · updated 2026-07-04 · listed with Compass
5-bed, 4.5-bath home at 5112 Terravista Ln in Terravista Sec2, Franklin, 3,838 sqft, $1,225,000 ($319/sqft), by Compass.
5112 Terravista Ln is a 5-bedroom, 4.5-bath home in Franklin, TN 37064, offered at $1,225,000, about $319/sq ft across 3,838 sq ft.
At $319/sq ft, this home is about 20% 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 Creekside Elementary School, Fred J Page Middle School, Fred J Page High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 5112 Terravista 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.
Custom 5-bedroom, 4.5-bathroom home with additional massive bonus room that is only 2 years old! It is in the rolling hills of Franklin's most sought-after neighborhoods. From the moment you step inside, you'll be captivated by the soaring two-story living space that floods the home with natural light and sets the stage for entertaining. The luxury master suite is a true retreat, featuring a private sitting room, spa-inspired bathroom, and expansive double sided walk-in closet. This home has an additional second bedroom on the main floor, perfect for guests or family. The upstairs has 3 additional bedrooms plus a huge bonus room providing endless possibilities. This home showcases tons of custom upgrades throughout, offering both style and function at every turn. Outside, enjoy a private backyard backing up to a mature tree line, designed for relaxation and with ample room for a pool to create your personal oasis. The neighborhood's elevated setting provides beautiful mountain views, all within the top-rated Williamson County School District. With a perfect blend of luxury, comfort, and location, this Franklin gem is ready to welcome its next owner!
Listing remarks courtesy of Compass via RealTracs.
| Metric | This home | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $319 | $400 median | - |
| Price position | 24th 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.
Among the active homes in Franklin 37064, this home at $319/sq ft falls in the 24th percentile on 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 5112 Terravista Ln at $1,225,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $1,225,000 |
|---|---|
| HOA dues | $118 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Dated history for this listing, tracked by the GH Market Engine.
5112 Terravista Ln sits in Terravista Sec2, 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.
5112 Terravista Ln is zoned for Creekside Elementary School, Fred J Page Middle School, Fred J Page 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), 5112 Terravista Ln, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
5112 Terravista Ln, Franklin is listed at $1,225,000, about $319 per square foot across 3,838 square feet.
5 bedrooms and 4.5 ba (4 full, 1 half).
About $319 per square foot ($1,225,000 across 3,838 sqft).
5112 Terravista Ln, Franklin was built in 2023.
Yes, 2 garage spaces, per the listing.
HOA dues are $118 per month, as listed.
5112 Terravista Ln, Franklin is in the Terravista Sec2 subdivision of Franklin.
5112 Terravista Ln, Franklin is zoned for Creekside Elementary School, Fred J Page Middle School, Fred J Page High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 5112 Terravista 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 $319 per square foot, 5112 Terravista Ln, Franklin ranks in the 24th percentile of active Franklin 37064 listings by price per square foot, roughly 20% 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 5112 Terravista Ln (reference).
Get the full details, recent comparable sales, and any off-market options for 5112 Terravista Ln - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with Compass. 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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