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 · 53 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, at about 3.9 months of inventory.
All-in, about $103,483/mo at 20% down (6.9% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $6,010/mo, roughly 6% of the all-in monthly payment.
At the current 6.81% 30-year rate, principal and interest on this home runs about $96,584/mo; at the 6.56% rate of about three months ago it would be roughly $94,131/mo, so monthly P&I is about $2,453 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 Estates spans 57 pristine acres just minutes from Downtown Franklin and has been meticulously transformed over the past year into a private luxury retreat reminiscent of Southall or Blackberry Farm. Every aspect of the estate has been thoughtfully reimagined to create an extraordinary lifestyle centered around recreation, wellness, and the natural beauty of the Harpeth River. The newly completed outdoor amenities rival those of a luxury resort and include a professional riding arena, an extensive trail system winding along nearly one mile of Harpeth River frontage, a serene reflection pond, pickleball court, garden bar with a private entrance for effortless entertaining, beautifully renovated horse barn, riverside deck, picnic pavilion, multiple fire pits, golf simulator, and a newly constructed lake. An additional homesite with its own separate entrance offers endless possibilities for a guest residence, party barn, or future family compound, all while preserving complete privacy. Construction on a resort-style swimming pool is scheduled to begin next week, adding yet another exceptional amenity to this remarkable estate. Inside, the 8,000 -square-foot estate residence offers six bedrooms, four full baths, and one half bath, all thoughtfully enhanced through an extensive transformation that seamlessly blends luxury, wellness, comfort, and modern design. Significant investment has elevated the home throughout, while the newly completed lower level now serves as a private wellness and entertainment destination featuring a state-of-the-art home theater, expansive fitness center with dedicated yoga studio flooring, sauna, cold plunge, and beautifully appointed guest quarters. The result is a residence that rivals the finest private resorts while maintaining the warmth, functionality, and timeless elegance of an exceptional family estate.
Listing remarks via the RealTracs Internet Data Exchange.
Complete reported fields for 426 Cotton Ln (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $18,500,000 | — |
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 $103,483/mo, 20% down on a 30-year fixed at 6.90% (a jumbo loan), including principal & interest $97,473, estimated property tax $5,010, homeowners insurance $1,000. Estimate only; not a loan offer.
| Principal & interest | $97,473/mo |
|---|---|
| Property tax (est.) | $5,010/mo |
| Homeowners insurance (est.) | $1,000/mo |
| Estimated total | $103,483/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% | $87,784/mo | $93,794/mo | -$9,689/mo |
| 6.4% | $92,575/mo | $98,585/mo | -$4,898/mo |
| 6.9% | $97,473/mo | $103,483/mo | current |
| 7.4% | $102,472/mo | $108,482/mo | +$4,999/mo |
| 7.9% | $107,567/mo | $113,577/mo | +$10,094/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 6.90% (Mortgage News Daily, as of August 28, 2026). Estimate only; not a loan offer.
Owning 426 Cotton Ln runs about $103,483/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 August 30, 2026.
At $2,313/sq ft, this home is among the highest-priced of the 159 active homes in Franklin 37069 by price per square foot (100th percentile).
Computed by Grant Hammond from 159 Franklin 37069 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.
426 Cotton Ln sits in Franklin, Williamson County.
In Franklin 37069, homes there are priced around $360 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 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 active listings near 426 Cotton Ln, by price and size.
Listed with 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.
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 16, 2026), 426 Cotton Ln, Franklin is active, per RealTracs. Contact Grant Hammond, Compass RE, for current availability.
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 $103,483 a month with 20% down on a 30-year fixed at 6.9%, principal and interest $97,473, 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. 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 543% 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 3.9 months of inventory, per RealTracs as of 2026-08-29.
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