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5348 Highland Place Way, Hermitage, TN 37076

5348 Highland Place Way, Hermitage, TN 37076, Active at $739,900 ($279/sq ft). 3 bd · 2.5 ba (2 full, 1 half) · 2,648 sqft · $279/sqft · 0.22 ac.

Active · $739,900

3 beds2.5 baths2,648 sq ft$279 /sq ft0.22 acres

MLS #3312438 · listed July 16, 2026 · 105 days on market · updated September 26, 2026

3-bed, 2.5-bath home at 5348 Highland Place Way in The Reserve At Stone Hall, Hermitage, 2,648 sqft, $739,900 ($279/sqft), by Coldwell Banker Southern Realty.

The quick read

5348 Highland Place Way is a 3-bedroom, 2.5-bath home in Hermitage, TN 37076, offered at $739,900, about $279/sq ft across 2,648 sq ft.

At $279/sq ft, this home is about 23% above the Hermitage 37076 median list price per square foot of $227.

Recently sold in The Reserve At Stone Hall: 11 comparable homes from $570,000 to $849,500, a median of $224/sq ft; this listing at $279/sq ft is about 25% above recent sold prices.

Market read: the The Reserve At Stone Hall market is balanced as of October 27, 2026, at about 4 months of inventory; recent sales have closed near 98.8% of list in the 12 months to October 28, 2026.

All-in, about $4,962/mo at 20% down (7.33% 30-year fixed).

Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance, and HOA) run about $892/mo, roughly 18% of the all-in monthly payment.

At the current 7.33% 30-year rate, principal and interest on this home runs about $4,070/mo; at the 6.78% rate of about three months ago it would be roughly $3,851/mo, so monthly P&I is about $219 higher now.

School zone: assigned to Hermitage Elementary, Donelson Middle, McGavock Comp High School. Attendance zones can change; verify current assignment with the district.

Next step: ask Grant Hammond anything about 5348 Highland Place Way (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of September 26, 2026. Realtracs via IDX.

This is a standard residential home, not a permitted short-term rental.

Description of 5348 Highland Place Way

PRICE REDUCED! Beautifully Maintained Home with Exceptional Outdoor Living in Ravenwood Park Area... This well-maintained , one owner home offers an inviting open floor plan, attractive stone exterior, and a wonderful outdoor entertaining area. Located in Ravenwood Park area, the home provides convenient access to lakes, walking and bike trails, shopping, restaurants, the Nashville International Airport, and Summit Hospital. The welcoming entry leads to a private Office, Powder Room, and spacious Gathering Room featuring a Stone Clad Fireplace and a Wall of Windows. The Kitchen offers Stainless Steel Appliances, a Gas Range and a walk in Pantry. All Appliances remain including the Washer and Dryer. A convenient Mudroom connects the Living Area to the Garage. The Outdoor Living Area is a highlight of the property, featuring a covered Patio with installed Coolaroo Shades, expanded Stone Entertainment area and a Stone Fire Pit. Attractive Landscaping and low voltage inground Lighting enhance the front and backyard and Lighted Steps to connect to the Front Parking, creating a pleasant setting for outdoor dining and relaxing evenings. Upstairs, an additional Living Area provides flexible space for a Media Room, Sitting Area, or Home Office. The Spacious Primary Bedroom features a Three piece Bath and a Walk in closet with a window. Two additional generous sized bedrooms, a spacious Laundry Room and a large floored Storage area complete the upper level.. Enjoy comfortable living spaces, practical features and inviting outdoor areas in a convenient location, approximately 15 minutes from Providence's Shopping and Dining! Come see all this home has to offer. Schedule your private showing today!

Listing remarks via the Realtracs Internet Data Exchange.

Highlights

2-car garageBuilt 2017

Full property details

Complete reported fields for 5348 Highland Place Way (reference).

MLS #3312438
StatusActive
Price$739,900
Price / sqft$279
Bedrooms3
Bathrooms2.5 (2 full, 1 half)
Living area2,648 sqft
Lot size0.22 acres
Year built2017
All 31 property fields
Garage spaces2
Stories2
HeatingNatural Gas
CoolingYes
BasementCrawl Space
ConstructionBrick, Stone
ParkingAttached, Garage Door Opener
Annual taxes$4,553
AppliancesCooktop, Dishwasher, Disposal, Electric Oven, Microwave
Interior featuresKitchen Island
FireplaceYes
Architectural styleContemporary
Water sourcePublic
SewerPublic Sewer
UtilitiesNatural Gas Available, Water Available, Underground Utilities
Garage typeAttached Garage, Yes
HOA dues$66 / mo
SubdivisionThe Reserve At Stone Hall
CountyDavidson
ListedJuly 16, 2026
Days on market105
UpdatedSeptember 26, 2026

Listing activity

DateEventPriceChange
Price change$739,900-$10,100 (-1.3%)
Listed$750,000
Deed recorded$363,285

Listed July 16, 2026, this listing has been on the market 105 days as of October 29, 2026. The price has been reduced once, from $750,000 to $739,900 (-1.3%), most recently on September 26, 2026.

  • Listed at $739,900, about 104% above the last recorded sale ($363,285, September 21, 2017).
  • County assessment: $654,600 total appraised value (land $137,000 + improvements $517,600).

County assessment from Davidson County public records; listing-cycle history tracked by the GH Market Engine.

History at this address

5348 Highland Place Way has 2 Realtracs listing records in the GH Market Engine archive. Every dated event the engine holds for this address, newest first, with its source.

DateEventPriceSource
Price change$739,900Realtracs MLS #3312438
Listing removedn/aRealtracs MLS #3312450
by List price$750,000Realtracs MLS #3312450
Listed for sale$750,000Realtracs MLS #3312438
Sold (public record)$363,285Public record

Realtracs listing activity before July 29, 2026 is not in our archive. Recorded sales come from Davidson County public records. "by" marks a date the archive learned after the fact.

Assessment history

The Davidson County Assessor's appraised value of 5348 Highland Place Way by year: $353,000 in 2017 to $654,600 in 2025, a change of +85%. Appraised value is the county's figure for taxation, not a market value or a sale price.

YearLandBuildingYard itemsTotalCategory
2025$137,000$515,000$2,600$654,600ROLL
2021$86,000$341,800$0$427,800ROLL
2017$74,000$279,000$0$353,000PR

Source: Davidson County Assessor of Property, historical appraisal record, as recorded; totals are the county's own figures. Davidson County reappraises every four years (most recently 2025); other years reflect changes recorded between reappraisals.

Cost of ownership

Estimated monthly ownership for 5348 Highland Place Way at $739,900: principal & interest, property tax, insurance, and HOA. Estimate only; not a loan offer.

List price$739,900
HOA dues$66 / mo
Property tax basisAssessed value × 25% (TN residential ratio) × the Metro Nashville / Davidson County rate

Financing 5348 Highland Place Way, Hermitage

Estimated total monthly payment for 5348 Highland Place Way is about $4,962/mo, 20% down on a 30-year fixed at 7.33% (a conforming loan), including principal & interest $4,070, estimated property tax $429, homeowners insurance $397, and HOA dues $66. Estimate only; not a loan offer.

Principal & interest$4,070/mo
Property tax (est.)$429/mo
Homeowners insurance (est.)$397/mo
HOA dues$66/mo
Estimated total$4,962/mo
7.61%6.13%7.33%February 19, 2025October 27, 2026
30-year fixed ranged 6.13% to 7.61% over the last 104 readings, currently 7.33% (Mortgage News Daily, as of October 27, 2026).

Assumes 20% down, 30-year fixed at 7.33% (Mortgage News Daily, as of October 27, 2026). Property tax uses the Davidson County General Services District 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.

How the rate moves this payment

30-year ratePrincipal & interestEst. total / movs current
6.33%$3,675/mo$4,567/mo-$395/mo
6.83%$3,871/mo$4,763/mo-$199/mo
7.33%$4,070/mo$4,962/mocurrent
7.83%$4,273/mo$5,165/mo+$203/mo
8.33%$4,480/mo$5,372/mo+$410/mo

Principal & interest on a 30-year fixed at 20% down ($591,920 loan), with property tax, insurance, and HOA held constant at $892/mo. Current 30-year fixed 7.33% (Mortgage News Daily, as of October 27, 2026). Estimate only; not a loan offer.

Buy versus rent, 5348 Highland Place Way

Owning 5348 Highland Place Way runs about $4,962/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.

Property-tax outlook

The Davidson County appraised value of $654,600 trails the $739,900 list price. If the next reassessment moves the appraised value toward today's market, estimated annual property tax would rise from about $4,553 now to roughly $5,146 (appraised value times the 25% Tennessee residential ratio times the Davidson County General Services District rate). Reassessment timing and the certified rate can change, and a purchase does not by itself trigger reassessment. Verify with the Davidson County Assessor of Property and Trustee. Estimate only.

How this home is priced

How 5348 Highland Place Way compares in Hermitage 37076

MetricThis homeHermitage 37076 activeRecently sold
Price / sq ft$279$227 median-
Price position85th pctile+23% vs median-

This listing beside the active Hermitage 37076 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 29, 2026.

This listing beside the active Hermitage 37076 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 28, 2026.

How this home compares in Hermitage 37076

At $279/sq ft, this home ranks in the 85th percentile of the 326 active homes in Hermitage 37076 by price per square foot.

Computed by Grant Hammond from 326 Hermitage 37076 comparables (Realtracs via IDX), as of October 29, 2026, refreshed weekly.

Home prices by high-school zone in Davidson County

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 zoneMedian $/sq ft
Hillsboro$460/sq ft
Stratford$369/sq ft
Pearl-Cohn$318/sq ft
Maplewood$317/sq ft
Glencliff$282/sq ft
James Lawson$273/sq ft
John Overton$263/sq ft
McGavock$236/sq ft
Hunters Lane$233/sq ft
Whites Creek$233/sq ft
Cane Ridge$220/sq ft
Antioch$212/sq ft

Computed by Grant Hammond from active Davidson County listings (Realtracs via IDX).

Competition & market pace

Active listings4 in The Reserve At Stone Hall
Recent absorptionabout 1 sales / mo
Months of inventory4 months, a balanced market

Over the past 12 months, homes in The Reserve At Stone Hall sold at about 98.8% of list price.

Recorded sales in The Reserve At Stone Hall: 11 in the past 12 months.

Supply-side and recent-sale context for The Reserve At Stone Hall. Sale figures are trailing 6/12/24-month medians of recorded The Reserve At Stone Hall closings. Source Realtracs via IDX, as of October 27, 2026.

Location & neighborhood

5348 Highland Place Way sits in The Reserve At Stone Hall, Hermitage, Davidson County.

Hermitage 37076 market snapshot

In Hermitage 37076, homes there are priced around $227 per square foot; inventory in The Reserve At Stone Hall is running at about 4 months, a balanced market; recent sales in The Reserve At Stone Hall closed near 98.8% of list price; 11 sales have been recorded in the past year.

Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 28, 2026.

Approximately 8.1 miles from downtown Nashville (straight-line distance).

Assigned schools

5348 Highland Place Way is zoned for Hermitage Elementary, Donelson Middle, McGavock Comp High School. Attendance zones and enrollment change, confirm current zoning with the Metro Nashville Public Schools district before relying on it.

High
McGavock Comp High School

Ask Grant about 5348 Highland Place Way

Get the full details, recent comparable sales, and any off-market options for 5348 Highland Place Way - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

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Similar & nearby

Similar listings nearby

Comparable listings near 5348 Highland Place Way, by price and size.

Listed by ReBecca Bogle, Coldwell Banker Southern 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.

Nashville real estate insights

Read: Middle Tennessee Real Estate Market Update September 2026
Middle Tennessee Real Estate Market Update September 2026

Nashville housing market, September 2026: contracts down 3%, supply at 5.41 months, rates at 7.28%. What it means for buyers and sellers.

Read: Middle Tennessee Real Estate Market Update August 2026
Middle Tennessee Real Estate Market Update August 2026

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.

Read: Middle Tennessee Real Estate Market Update July 2026
Middle Tennessee Real Estate Market Update July 2026

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.

Read: Brentwood, TN New Construction: 3 Subdivisions to Watch This Summer
Brentwood, TN New Construction: 3 Subdivisions to Watch This Summer

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.

Popular searches

Frequently asked questions about 5348 Highland Place Way

Is 5348 Highland Place Way, Hermitage still for sale?

As of the latest update (September 26, 2026), 5348 Highland Place Way, Hermitage is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.

How long has 5348 Highland Place Way been on the market?

5348 Highland Place Way was listed on July 16, 2026 and has been on the market 105 days as of October 29, 2026, per Realtracs.

Has the price of 5348 Highland Place Way changed?

Yes. It was first listed at $750,000. The price has been reduced once, most recently to $739,900 on September 26, 2026, a total change of -1.3%.

How much does 5348 Highland Place Way, Hermitage cost?

5348 Highland Place Way, Hermitage is listed at $739,900, about $279 per square foot across 2,648 square feet.

How many bedrooms and bathrooms does 5348 Highland Place Way, Hermitage have?

3 bedrooms and 2.5 bathrooms (2 full, 1 half).

What is the price per square foot?

About $279 per square foot ($739,900 across 2,648 sqft).

When was 5348 Highland Place Way, Hermitage built?

5348 Highland Place Way, Hermitage was built in 2017.

Does 5348 Highland Place Way, Hermitage have a garage?

Yes, 2 garage spaces, per the listing.

Are there HOA dues?

HOA dues are $66 per month, as listed.

What subdivision is 5348 Highland Place Way, Hermitage in?

5348 Highland Place Way, Hermitage is in The Reserve At Stone Hall subdivision of Hermitage.

What is the estimated monthly payment for 5348 Highland Place Way, Hermitage?

About $4,962 a month with 20% down on a 30-year fixed at 7.33%, principal and interest $4,070, estimated property tax $429, insurance $397, and HOA $66. Estimate only; not a loan offer. Adjust the down payment, term, loan type, and rate in the financing calculator on this page.

What schools is 5348 Highland Place Way, Hermitage zoned for?

5348 Highland Place Way, Hermitage is zoned for Hermitage Elementary, Donelson Middle, McGavock Comp High School. Attendance zones and enrollment change, verify current zoning with the Metro Nashville Public Schools district.

Is 5348 Highland Place Way, Hermitage a short-term-rental property?

No, 5348 Highland Place Way, Hermitage is a standard residential home, not a permitted short-term rental. Ask Grant Hammond about STR-eligible inventory if that is your goal.

How do I schedule a tour of 5348 Highland Place Way, Hermitage?

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.

How do I make an offer on 5348 Highland Place Way, Hermitage?

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.

Are more photos and details available for 5348 Highland Place Way, Hermitage?

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.

Who can tell me more about 5348 Highland Place Way, Hermitage?

Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales. Use the tour or question form on this page.

How is 5348 Highland Place Way, Hermitage priced compared to the market?

At about $279 per square foot, 5348 Highland Place Way, Hermitage ranks in the 85th percentile of active Hermitage 37076 listings by price per square foot, roughly 23% above the Hermitage 37076 median; recent comparable sales in Hermitage 37076 closed near $224 per square foot. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.

Is The Reserve At Stone Hall market favoring buyers or sellers?

The The Reserve At Stone Hall market is currently balanced, at about 4 months of inventory; recent sales have closed near 98.8% of list price over the past year, per Realtracs as of October 27, 2026.

Thinking of selling in The Reserve At Stone Hall?

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