5500 Iron Gate Dr, Franklin, TN 37069
5500 Iron Gate Dr, Franklin, TN 37069, Active at $2,899,999 ($413/sq ft). 5 bd · 6 ba · 7,030 sqft · $413/sqft · 0.56 ac.
5500 Iron Gate Dr, Franklin, TN 37069, Active at $2,899,999 ($413/sq ft). 5 bd · 6 ba · 7,030 sqft · $413/sqft · 0.56 ac.
Active · $2,899,999
MLS #3270471 · listed July 9, 2026 · 53 days on market · updated July 10, 2026
5-bed, 6-bath home at 5500 Iron Gate Dr in Laurelbrooke Sec 11F, Franklin, 7,030 sqft, $2,899,999 ($413/sqft), by Zeitlin Sotheby's International Realty.
5500 Iron Gate Dr is a 5-bedroom, 6-bath home in Franklin, TN 37069, offered at $2,899,999, about $413/sq ft across 7,030 sq ft.
At $413/sq ft, this home is about 4% below the Laurelbrooke median list price per square foot of $428.
Market read: the Franklin 37069 homes market is balanced, at about 3.9 months of inventory.
All-in, about $17,509/mo at 20% down (6.9% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $2,229/mo, roughly 13% of the all-in monthly payment.
At the current 6.81% 30-year rate, principal and interest on this home runs about $15,140/mo; at the 6.56% rate of about three months ago it would be roughly $14,756/mo, so monthly P&I is about $384 higher now.
School zone: assigned to Grassland Elementary, Grassland Middle School, Franklin High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 5500 Iron Gate Dr (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of July 10, 2026. RealTracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
Inspired by timeless European architecture and thoughtfully designed for modern living, this custom LaurelBrooke residence offers more than 7,000 square feet of beautifully curated living space in one of Franklin's premier gated communities. Rich hardwood floors, soaring ceilings, intricate millwork, and expansive windows create interiors that feel both refined and inviting. Designed for effortless entertaining and everyday comfort, the home features elegant formal spaces, a richly appointed study, and an open-concept great room that flows seamlessly to covered outdoor living. The well-designed floor plan includes five bedrooms, five full baths, and two half baths, offering exceptional flexibility for family and guests. Modern conveniences are thoughtfully integrated throughout, including whole-home water filtration and softening, premium Sonos audio across the main level and outdoor living spaces, a dedicated media room with a Sony 4K projector and Marantz surround sound, central vacuum system, and a fitness room with sauna. This home also includes an EV charger in the garage. The butler's pantry is equipped with an instant hot water dispenser and a built-in Scotsman pellet ice maker, while the fenced backyard, spa, and covered outdoor living spaces create an inviting setting for relaxing or entertaining. Three garages feature upgraded LED lighting, custom storage systems, and built-in cabinetry. Golf cart to convey with acceptable offer, for ease in using the beautiful community ammentities. Located just minutes from historic downtown Franklin, this exceptional residence offers a rare opportunity to enjoy timeless design, modern comfort, and the privacy of one of Middle Tennessee's most sought-after communities.
Listing remarks via the RealTracs Internet Data Exchange.
Complete reported fields for 5500 Iron Gate Dr (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Last recorded sale | $1,650,000 | — | |
| Listed | $2,899,999 | — |
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
Estimated monthly ownership for 5500 Iron Gate Dr at $2,899,999: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.
| List price | $2,899,999 |
|---|---|
| HOA dues | $471 / mo |
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 5500 Iron Gate Dr is about $17,509/mo, 20% down on a 30-year fixed at 6.90% (a jumbo loan), including principal & interest $15,280, estimated property tax $785, homeowners insurance $973, and HOA dues $471. Estimate only; not a loan offer.
| Principal & interest | $15,280/mo |
|---|---|
| Property tax (est.) | $785/mo |
| Homeowners insurance (est.) | $973/mo |
| HOA dues | $471/mo |
| Estimated total | $17,509/mo |
Assumes 20% down, 30-year fixed at 6.90% (Mortgage News Daily, as of August 28, 2026). Property tax uses the Williamson County (unincorporated) rate at the 25% TN residential ratio. Estimate only; not a loan offer or appraisal. Enable JavaScript to adjust down payment, term, loan type, and rate.
| 30-year rate | Principal & interest | Est. total / mo | vs current |
|---|---|---|---|
| 5.9% | $13,761/mo | $15,990/mo | -$1,519/mo |
| 6.4% | $14,512/mo | $16,741/mo | -$768/mo |
| 6.9% | $15,280/mo | $17,509/mo | current |
| 7.4% | $16,063/mo | $18,292/mo | +$783/mo |
| 7.9% | $16,862/mo | $19,091/mo | +$1,582/mo |
Principal & interest on a 30-year fixed at 20% down ($2,319,999 loan), with property tax, insurance, and HOA held constant at $2,229/mo. Current 30-year fixed 6.90% (Mortgage News Daily, as of August 28, 2026). Estimate only; not a loan offer.
Owning 5500 Iron Gate Dr runs about $17,509/mo all-in, from the payment estimate above. Whether buying beats renting turns on how long you stay, how fast prices and rents move, and the rent you would otherwise pay. Turn on JavaScript to model those assumptions and find the year buying pulls ahead.
Method: net cost to own equals down payment plus about 3% closing plus payments made, minus equity built (principal paid and appreciation) and about 7% exit costs, measured against cumulative rent. Broker commissions are not set by law and are fully negotiable. Estimate only; not financial advice.
The Williamson County appraised value of $1,749,700 trails the $2,899,999 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $5,687 now to roughly $9,425 (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.
| Metric | This home | Laurelbrooke active | Recently sold |
|---|---|---|---|
| Price / sq ft | $413 | $428 median | - |
| Price position | 27th pctile | -4% vs median | - |
| Laurelbrooke vs Franklin 37069 area | - | +19% | - |
This listing beside the active Laurelbrooke market and recent recorded closings. Computed by Grant Hammond from RealTracs via IDX, as of August 30, 2026.
At $413/sq ft, this home ranks in the 27th percentile of the 8 active homes in Laurelbrooke by price per square foot.
Laurelbrooke trades about 19% above Franklin 37069 area on a price-per-square-foot basis.
Taken together, this home reads toward the lower end per square foot for Laurelbrooke.
Computed by Grant Hammond from 8 Laurelbrooke comparables (RealTracs via IDX), as of August 30, 2026, refreshed weekly.
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).
| Active listings | 115 in Franklin 37069 homes |
|---|---|
| Recent absorption | about 29.5 sales / mo |
| Months of inventory | 3.9 months, a balanced market |
Supply-side and recent-sale context for Franklin 37069 homes. Sale figures are trailing 6/12/24-month medians of recorded Franklin 37069 homes closings. Source RealTracs via IDX, as of August 29, 2026.
5500 Iron Gate Dr sits in Laurelbrooke Sec 11F, Franklin, Williamson County.
In Laurelbrooke, homes there are priced around $428 per square foot; inventory in Franklin 37069 homes is running at about 3.9 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from RealTracs via IDX, as of 2026-08-30.
Approximately 11 miles from downtown Nashville (straight-line distance).
5500 Iron Gate Dr is zoned for Grassland 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.
Get the full details, recent comparable sales, and any off-market options for 5500 Iron Gate Dr - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable active listings near 5500 Iron Gate Dr, by price and size.
Listed with Zeitlin Sotheby's International Realty. 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.
Franklin TN home prices: 978 closings, a $949,995 median, $345/sqft, and the new-construction supply behind Williamson County's numbers.
Country music star Kenny Chesney purchased a Franklin mansion from Jimmy Franks, representing one of the most notable celebrity real estate transactions in Williamson County.
July 2026 Middle Tennessee real estate data shows the average sale price up 6% year over year to $646,875, active inventory up 9%, and new contracts down 1% even as closings fell 8% and new listings dropped 19%. Months of supply rose to 4.92. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
Brentwood does not price as one market. Over the trailing 24 months, the new-construction enclaves Rosebrooke (about $3.74M median) and Witherspoon (about $3.33M) price above the established gated golf community at Governors Club (about $2.35M), against a townwide median near $1.58M. A Nashville broker's subdivision-level read for summer 2026 with live listings.
As of the latest update (July 10, 2026), 5500 Iron Gate Dr, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
5500 Iron Gate Dr, Franklin is listed at $2,899,999, about $413 per square foot across 7,030 square feet.
5 bedrooms and 6 bathrooms.
About $413 per square foot ($2,899,999 across 7,030 sqft).
5500 Iron Gate Dr, Franklin was built in 2014.
Yes, 3 garage spaces, per the listing.
HOA dues are $471 per month, as listed.
5500 Iron Gate Dr, Franklin is in the Laurelbrooke Sec 11F subdivision of Franklin.
About $17,509 a month with 20% down on a 30-year fixed at 6.9%, principal and interest $15,280, estimated property tax $785, insurance $973, and HOA $471. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
5500 Iron Gate Dr, Franklin is zoned for Grassland Elementary, Grassland Middle School, Franklin High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 5500 Iron 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.
Request a time using the tour form on this page (in-person or a live video walkthrough), or call or text Grant Hammond, Compass RE, at (615) 945-7123. Most showings are confirmed within 24 to 48 hours.
Grant Hammond, Compass RE, can prepare and present your offer, walk you through price, contingencies, and timeline, and represent you through closing. Start with the form on this page or call (615) 945-7123. Broker fees are not set by law and are fully negotiable.
Yes. This page shows the full photo set and reported MLS fields; contact Grant Hammond, Compass RE, for a disclosure packet, recent comparable sales, and any off-market options.
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 $413 per square foot, 5500 Iron Gate Dr, Franklin ranks in the 27th percentile of active Laurelbrooke listings by price per square foot, roughly 4% below the Laurelbrooke median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37069 homes market is currently balanced, at about 3.9 months of inventory, per RealTracs as of 2026-08-29.
Thinking of selling in Laurelbrooke Sec 11F?
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