426 Cotton Ln, Franklin, TN 37069
426 Cotton Ln, Franklin, TN 37069, Active at $18,500,000 ($2,313/sq ft). 6 bd · 4.5 ba (4 full, 1 half) · 8,000 sqft · $2,313/sqft · 56.66 ac.
426 Cotton Ln, Franklin, TN 37069, Active at $18,500,000 ($2,313/sq ft). 6 bd · 4.5 ba (4 full, 1 half) · 8,000 sqft · $2,313/sqft · 56.66 ac.
Active · $18,500,000
MLS #3282589 · listed July 9, 2026 · 102 days on market · updated July 16, 2026
6-bed, 4.5-bath home at 426 Cotton Ln, Franklin, 8,000 sqft, $18,500,000 ($2,313/sqft), by Covey Rise Properties LLC.
426 Cotton Ln is a 6-bedroom, 4.5-bath home in Franklin, TN 37069, offered at $18,500,000, about $2,313/sq ft across 8,000 sq ft.
Market read: the Franklin 37069 homes market is balanced as of October 15, 2026, at about 3.3 months of inventory; recent sales have closed near 98% of list in the 12 months to October 19, 2026.
All-in, about $111,222/mo at 20% down (7.67% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $6,010/mo, roughly 5% of the all-in monthly payment.
At the current 7.37% 30-year rate, principal and interest on this home runs about $102,169/mo; at the 6.63% rate of about three months ago it would be roughly $94,815/mo, so monthly P&I is about $7,354 higher now.
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 426 Cotton Ln (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of July 16, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
Harpeth Vale is a 57-acre private legacy estate with more than 3,000 feet of Harpeth River frontage, combining the scale and privacy of a major landholding with the experience of a personal resort. It is minutes from downtown Franklin and within easy reach of Nashville. Beyond the gates and long private drive, Harpeth Vale unfolds as a series of distinct destinations. The Riverwalk Trail winds through ten wooded acres to private river access, a kayak/raft launch, riverside firepit, and cantilevered viewing deck beside a grilling area. At the rear, The Grove?s covered pavilion sits among mature trees in a secluded, park-like setting. The Orchard brings guests together beneath apple trees around a covered bar and custom 16-foot dining table, with an organic garden and pickleball court nearby. Sunset Lake, the reflection pond, The Meadow and resort-style terrace pool offer settings for gathering and retreat. The equestrian center includes four heated stalls, wash rack, lounge, paddocks, riding trails and a professional arena with EQ-80 footing. At the heart of the estate is the approximately 8,000-square-foot residence, reimagined with refined, understated interiors featuring European oak floors, marble fireplaces, and Waterworks fixtures. A dramatic great room with exposed beams and floor-to-ceiling glass doors frames the landscape. A custom Wolf and Sub-Zero kitchen, formal dining room and lounge with wet bar invite entertaining; the primary retreat offers heated bath floors and a steam shower. Five bedrooms are joined by a ground-floor lounge that can serve as a sixth-bedroom guest suite, with kitchenette and laundry connections. A wellness level offers a gym and spa with sauna and cold plunge; entertainment spaces include a Dolby Atmos/THX theater, arcade, and separate golf simulator room. Harpeth Vale is a personal resort to enjoy today and a legacy to share for generations. Explore the full estate through the interactive site plan on the Harpeth Vale website.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 426 Cotton Ln (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $18,500,000 | ||
| Deed recorded | $4,700,000 |
Listed July 9, 2026, this listing has been on the market 102 days as of October 19, 2026. The asking price has not changed since it was listed.
County assessment from Williamson County public records; listing-cycle history tracked by the GH Market Engine.
426 Cotton Ln has 4 Realtracs listing records in the GH Market Engine archive. Every dated event the engine holds for this address, newest first, with its source.
| Date | Event | Price | Source |
|---|---|---|---|
| Listed for sale | $18,500,000 | Realtracs MLS #3282589 | |
| Listed for sale | $18,500,000 | Realtracs MLS #3282605 | |
| Sold | $8,250,000 | Realtracs MLS #2570876 | |
| Sold (public record) | $4,700,000 | Public record |
Realtracs listing activity before June 19, 2026 is not in our archive. Recorded sales come from Williamson County public records. "by" marks a date the archive learned after the fact.
Estimated monthly ownership for 426 Cotton Ln at $18,500,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $18,500,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 426 Cotton Ln is about $111,222/mo, 20% down on a 30-year fixed at 7.67% (a jumbo loan), including principal & interest $105,212, estimated property tax $5,010, homeowners insurance $1,000. Estimate only; not a loan offer.
| Principal & interest | $105,212/mo |
|---|---|
| Property tax (est.) | $5,010/mo |
| Homeowners insurance (est.) | $1,000/mo |
| Estimated total | $111,222/mo |
Assumes 20% down, 30-year fixed at 7.67% (Mortgage News Daily, as of October 16, 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 |
|---|---|---|---|
| 6.67% | $95,207/mo | $101,217/mo | -$10,005/mo |
| 7.17% | $100,160/mo | $106,170/mo | -$5,052/mo |
| 7.67% | $105,212/mo | $111,222/mo | current |
| 8.17% | $110,356/mo | $116,366/mo | +$5,144/mo |
| 8.67% | $115,587/mo | $121,597/mo | +$10,375/mo |
Principal & interest on a 30-year fixed at 20% down ($14,800,000 loan), with property tax, insurance held constant at $6,010/mo. Current 30-year fixed 7.67% (Mortgage News Daily, as of October 16, 2026). Estimate only; not a loan offer.
Owning 426 Cotton Ln runs about $111,222/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.
| Metric | This home | Franklin 37069 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $2,313 | $360 median | - |
| Price position | 100th pctile | +543% vs median | - |
This listing beside the active Franklin 37069 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 19, 2026.
This listing beside the active Franklin 37069 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 19, 2026.
At $2,313/sq ft, this home is among the highest-priced of the 136 active homes in Franklin 37069 by price per square foot (100th percentile).
Computed by Grant Hammond from 136 Franklin 37069 comparables (Realtracs via IDX), as of October 19, 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 | 98 in Franklin 37069 homes |
|---|---|
| Recent absorption | about 29.7 sales / mo |
| Months of inventory | 3.3 months, a balanced market |
Over the past 12 months, homes in Franklin 37069 homes sold at about 98% of list price.
Recorded sales in Franklin 37069 homes: 303 in the past 12 months.
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 October 15, 2026.
426 Cotton Ln sits in Franklin, Williamson County.
In Franklin 37069, homes there are priced around $358 per square foot; inventory in Franklin 37069 homes is running at about 3.3 months, a balanced market; recent sales closed near 98% of list price; 303 sales have been recorded in the past year.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 19, 2026.
Approximately 15 miles from downtown Nashville (straight-line distance).
426 Cotton Ln 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.
Get the full details, recent comparable sales, and any off-market options for 426 Cotton Ln - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 426 Cotton Ln, by price and size.
Listed by Tom Sullivan, Covey Rise Properties LLC. 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.
September 2026 Middle Tennessee real estate data shows active inventory up 8% year over year to 14,249 homes, months of supply at 5.41, and the average sale price up 5% to $631,993 while the median rose 2% to $444,169. Preliminary closings and listing counts will revise; this post updates October 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
August 2026 Middle Tennessee real estate data shows active inventory up 10% year over year to 14,294 homes, months of supply at 5.59, and the average sale price up 3% to $637,141 while the median held flat at $450,000. Preliminary closings and listing counts will revise; this post updates September 9. Analysis covers Davidson, Williamson, Rutherford, Wilson, and Maury Counties.
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.
As of the latest update (July 16, 2026), 426 Cotton Ln, Franklin is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
426 Cotton Ln was listed on July 9, 2026 and has been on the market 102 days as of October 19, 2026, per Realtracs.
No. The asking price has been $18,500,000 since it was listed on July 9, 2026.
426 Cotton Ln, Franklin is listed at $18,500,000, about $2,313 per square foot across 8,000 square feet.
6 bedrooms and 4.5 bathrooms (4 full, 1 half).
About $2,313 per square foot ($18,500,000 across 8,000 sqft).
426 Cotton Ln, Franklin was built in 1993.
Yes, 4 garage spaces, per the listing.
No HOA dues are reported for this home.
No subdivision is reported.
About $111,222 a month with 20% down on a 30-year fixed at 7.67%, principal and interest $105,212, estimated property tax $5,010, insurance $1,000. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.
426 Cotton Ln, 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, 426 Cotton 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.
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 and hundreds of millions in luxury closings. Use the tour or question form on this page.
At about $2,313 per square foot, 426 Cotton Ln, Franklin ranks in the 100th percentile of active Franklin 37069 listings by price per square foot, roughly 546% above the Franklin 37069 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin 37069 homes market is currently balanced, at about 3.3 months of inventory; recent sales have closed near 98% of list price over the past year, per Realtracs as of October 15, 2026.
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