Active · $1,999,900
MLS #3262118 · updated 2026-07-07 · listed with Onward Real Estate
4-bed, 5.5-bath home at 238 Bishops Gate Dr in Bishops Gate Wards Mill, Franklin, 5,525 sqft, $1,999,900 ($362/sqft), by Onward Real Estate.
238 Bishops Gate Dr is a 4-bedroom, 5.5-bath home in Franklin, TN 37064, offered at $1,999,900, about $362/sq ft across 5,525 sq ft.
At $362/sq ft, this home is about 9% 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 Poplar Grove K-4, Poplar Grove 5-8, Franklin High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 238 Bishops Gate Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of 2026-07-07. RealTracs via IDX.
This is a standard residential home (homes silo), not a short-term-rental property.
Welcome to Bishop's Gate, a quaint and thoughtfully planned community of just 18 homesites in the heart of Williamson County, located less than two miles from historic downtown Franklin. Beyond the beautiful entrance, enjoy a true sense of community paired with easy access to top-rated restaurants, recreation, and shopping. From its stately brick exterior to its beautifully designed interiors, this home offers a seamless blend of elegance and everyday comfort. A grand entry welcomes you with soaring ceilings and refined architectural details, creating an immediate sense of warmth and sophistication. Just off the foyer, a private study with French doors and custom built-ins provides the perfect work-from-home retreat. The main living area is filled with natural light and anchored by a stunning marble fireplace, complemented by floor-to-ceiling built-ins that add both character and function. The kitchen serves as the heart of the home, featuring ceiling-height cabinetry, high-end appliances, a charming farm and under-cabinet lighting. A cozy breakfast nook and nearby dry bar with beverage cooler make entertaining both easy and inviting. Designed for convenience, the home includes a custom drop zone off the garage and a spacious laundry room with ample storage. The main-level primary suite offers a peaceful escape with a tray ceiling and a spa-inspired bath complete with a soaking tub, dual vanities, and a beautifully finished walk-in shower. Upstairs, each additional bedroom includes its own ensuite bath, while a generous bonus room provides flexible space for a media room, playroom, or fitness room. Outdoor living is just as inviting, with a partially covered deck overlooking the spacious backyard. A lower patio with a built-in fire pit creates the perfect setting for relaxing evenings or gathering with friends. Timeless in design and effortless in livability, this is a home that perfectly balances classic style, modern comfort, and an unbeatable location.
Listing remarks courtesy of Onward Real Estate via RealTracs.
| Metric | This home | Franklin 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $362 | $400 median | - |
| Price position | 38th 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 $362/sq ft falls in the 38th 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 238 Bishops Gate Dr at $1,999,900: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $1,999,900 |
|---|---|
| HOA dues | $400 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
The Williamson County appraised value of $1,167,100 trails the $1,999,900 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $4,657 now to roughly $7,980 (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.
238 Bishops Gate Dr sits in Bishops Gate Wards Mill, 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.
238 Bishops Gate Dr is zoned for Poplar Grove K-4, Poplar Grove 5-8, 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 (2026-07-07), 238 Bishops Gate Dr, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
238 Bishops Gate Dr, Franklin is listed at $1,999,900, about $362 per square foot across 5,525 square feet.
4 bedrooms and 5.5 ba (5 full, 1 half).
About $362 per square foot ($1,999,900 across 5,525 sqft).
238 Bishops Gate Dr, Franklin was built in 2020.
Yes, 3 garage spaces, per the listing.
HOA dues are $400 per month, as listed.
238 Bishops Gate Dr, Franklin is in the Bishops Gate Wards Mill subdivision of Franklin.
238 Bishops Gate Dr, Franklin is zoned for Poplar Grove K-4, Poplar Grove 5-8, Franklin High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 238 Bishops Gate Dr, 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 $362 per square foot, 238 Bishops Gate Dr, Franklin ranks in the 38th percentile of active Franklin 37064 listings by price per square foot, roughly 9% 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 238 Bishops Gate Dr (reference).
Get the full details, recent comparable sales, and any off-market options for 238 Bishops Gate Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Listed with Onward 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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