201 Lake Ridge Ct, Franklin, TN 37069
201 Lake Ridge Ct, Franklin, TN 37069, Active at $1,899,000 ($350/sq ft). 5 bd · 4 ba · 5,429 sqft · $350/sqft · 1.54 ac.
201 Lake Ridge Ct, Franklin, TN 37069, Active at $1,899,000 ($350/sq ft). 5 bd · 4 ba · 5,429 sqft · $350/sqft · 1.54 ac.
Active · $1,899,000
MLS #3255066 · updated 2026-06-30 · listed with MERIT Real Estate Advisors
5-bed, 4-bath home at 201 Lake Ridge Ct in Legends Ridge Sec 2, Franklin, 5,429 sqft, $1,899,000 ($350/sqft), by MERIT Real Estate Advisors.
201 Lake Ridge Ct is a 5-bedroom, 4-bath home in Franklin, TN 37069, offered at $1,899,000, about $350/sq ft across 5,429 sq ft.
At $350/sq ft, this home is about 4% below the Franklin 37069 median list price per square foot of $365.
Market read: Franklin 37069 condos is a buyer-favored market at about 19.7 months of inventory.
School zone: assigned to Walnut Grove Elementary, Grassland Middle School, Franklin High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 201 Lake Ridge Ct (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-06-30. RealTracs via IDX.
This is a standard residential home (homes silo), not a short-term-rental property.
Nestled within prestigious Legends Ridge in the Franklin School district, this exceptional residence offers the rare combination of true one level living with a fully finished walk out lower level designed for everyday use and entertaining. The main level showcases a spacious primary suite with ensuite bath and walk in closet with built-ins. It also features two additional bedrooms and inviting living spaces. A stunning screened porch allows for upper and lower entertaining overlooking a 1.54 acre flat lot - an ideal setting for the next owners to add a pool and outdoor oasis. Lower level is perfectly suited for teens, college aged children or multi-generational living complete with a fourth bedroom, custom built four-bunk bunkroom, private office, rec room and charming vintage styled movie theater. Car enthusiasts will appreciate the rare four car garage configuration with two garages on the main level and two on the lower level, complemented by dual driveways. Community amenities include a pool, tennis courts, playground, clubhouse and a stocked fishing pond - rounding out the coveted Legends Ridge Lifestyle.
Listing remarks courtesy of MERIT Real Estate Advisors via RealTracs.
Among the 155 active homes in Franklin 37069, this home at $350/sq ft falls in the 42nd percentile on price per square foot.
Computed by Grant Hammond from 155 Franklin 37069 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 | 46 in Franklin 37069 condos |
|---|---|
| Recent absorption | about 2.3 sales / mo |
| Months of inventory | 19.7 months, a buyer-favored market (ample supply) |
Supply-side and recent-sale context for Franklin 37069 condos. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37069 condos closings. Source RealTracs via IDX, as of 2026-07-16. Analysis, not an appraisal.
Estimated monthly ownership for 201 Lake Ridge Ct at $1,899,000: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $1,899,000 |
|---|---|
| HOA dues | $233 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The Williamson County appraised value of $939,000 trails the $1,899,000 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $3,052 now to roughly $6,172 (appraised value times the 25% Tennessee residential ratio times the Williamson County (unincorporated) 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.
201 Lake Ridge Ct sits in Legends Ridge Sec 2, Franklin, Williamson County.
In Franklin 37069, homes there are priced around $365 per square foot; inventory is running at about 19.7 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.
201 Lake Ridge Ct is zoned for Walnut Grove Elementary, Grassland Middle School, Franklin 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 (2026-06-30), 201 Lake Ridge Ct, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
201 Lake Ridge Ct, Franklin is listed at $1,899,000, about $350 per square foot across 5,429 square feet.
5 bedrooms and 4 ba.
About $350 per square foot ($1,899,000 across 5,429 sqft).
201 Lake Ridge Ct, Franklin was built in 1997.
Yes, 4 garage spaces, per the listing.
HOA dues are $233 per month, as listed.
201 Lake Ridge Ct, Franklin is in the Legends Ridge Sec 2 subdivision of Franklin.
201 Lake Ridge Ct, Franklin is zoned for Walnut Grove Elementary, Grassland Middle School, Franklin High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 201 Lake Ridge Ct, 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 $350 per square foot, 201 Lake Ridge Ct, Franklin ranks in the 42nd percentile of active Franklin 37069 listings by price per square foot, roughly 4% below the Franklin 37069 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
Franklin 37069 is currently a buyer-favored market (ample supply), at about 19.7 months of inventory, per RealTracs as of 2026-07-16.
Complete reported fields for 201 Lake Ridge Ct (reference).
Get the full details, recent comparable sales, and any off-market options for 201 Lake Ridge Ct - 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 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.
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