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3029 Smith Ln, Franklin, TN 37069

3029 Smith Ln, Franklin, TN 37069, Conditional at $689,000. 4.73 acres · 4.73 ac · $145,666/acre · Rolling Slope, Sloped.

Conditional · $689,000

4.73 acres$145,666 /acreLot/Land/Acreage

MLS #3510702 · listed August 11, 2026 · 42 days on market · updated October 27, 2026

4.73-acre homesite at 3029 Smith Ln in Lynnwood Downs, Franklin, $689,000 ($145,666/acre), by Crye-Leike, Inc., REALTORS.

The quick read

3029 Smith Ln is a 4.73-acre homesite in Franklin, TN 37069, offered at $689,000.

Next step: ask Grant Hammond anything about 3029 Smith Ln (comps, HOA, tours) and he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE. Figures as of October 27, 2026. Realtracs via IDX.

This is a vacant homesite: lot size, price per acre, and buildability are below; interior and residence data do not apply.

Description of 3029 Smith Ln

Discover the rare opportunity to build your dream home in the stunning neighborhood of Lynnwood Downs, a serene equestrian community surrounded by the beauty of Middle Tennessee's rolling hills. Tucked toward the end of a peaceful cul-de-sac, this homesite offers a premier setting with beautiful views across the valley and surrounding community. Perfect for enjoying morning coffee and watching the sunsets over the rolling hills Franklin is known for. The private, gated neighborhood offers a lifestyle that is truly hard to replicate, with rolling pastures, scenic ponds, mature landscapes, horse trails, an equestrian barn, indoor riding arena, tennis courts, and more. The natural beauty of the land creates a sense of a place outside of time while still keeping you conveniently connected to everything you need. This homesite is approved for a 5-bedroom residence, providing the opportunity to create a custom home. Enjoy the peace and beauty of country living with the convenience of being close to the amenities of the greater Franklin area and quick access to the interstate. This is a truly special homesite in a sought after community. The perfect opportunity to build your dream home and enjoy the unmatched lifestyle of Lynnwood Downs.

Listing remarks via the Realtracs Internet Data Exchange.

Highlights

4.73 acresRolling SlopeSloped$145,666/acreGated

Full property details

Complete reported fields for 3029 Smith Ln (reference).

MLS #3510702
StatusConditional
Price$689,000
Price / acre$145,666
Lot size4.73 acres
Lot dimensions4.73 ac
Lot featuresRolling Slope, Sloped
Property typeLot/Land/Acreage
HOA dues$500 / mo
All 14 property fields
SubdivisionLynnwood Downs
CountyWilliamson
ListedAugust 11, 2026
Days on market42
UpdatedOctober 27, 2026

Listing activity

DateEventPriceChange
Back on market
Pending
Under contract
Price change$689,000-$61,000 (-8.1%)
Listed$750,000
Deed recorded$475,000

Listed August 11, 2026, this listing was on the market 42 days before it went under contract. The price has been reduced once, from $750,000 to $689,000 (-8.1%). The most recent change was first seen on our daily record September 16, 2026. It returned to active status on October 9, 2026. It has been under contract since September 22, 2026.

  • Listed at $689,000, about 45% above the last recorded sale ($475,000, December 15, 2020).
  • County assessment: $288,300 total appraised value.
  • Land accounts for about 100% of the county appraised value, a land-weighted parcel (renovation or rebuild potential; verify zoning and utilities before relying on it).

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

Cost of ownership

Financing a homesite differs from a home mortgage, lot/land loans typically require a larger down payment and a shorter term, and many buyers pay cash or use build-to-permanent financing. Ongoing cost is property tax on the assessed land value plus HOA dues. Estimate only; not a loan offer.

List price$689,000
HOA dues$500 / mo
Property tax basisAssessed land value × the county assessment ratio (varies by land classification) × the Williamson County rate

How this homesite is priced

The evidence behind that pricing read:

  • Priced at $145,666 per acre across 4.73 acres; lot character: Rolling Slope, Sloped. Land is compared on a per-acre basis, not $/sqft.
  • Analysis by Grant Hammond, Compass RE, comp-based, not an appraisal.

Location & neighborhood

3029 Smith Ln sits in Lynnwood Downs, Franklin, Williamson County.

Approximately 14 miles from downtown Nashville (straight-line distance).

Ask Grant about 3029 Smith Ln

Get the full details, recent comparable sales, and any off-market options for 3029 Smith Ln - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.

Preferred tour time (optional)

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Similar & nearby

Similar listings nearby

Comparable listings near 3029 Smith Ln, by price and size.

Listed by Ben Lapp, Crye-Leike, Inc., REALTORS. 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: Franklin, TN Home Prices by School Zone (2026)
Franklin, TN Home Prices by School Zone (2026)

What Franklin, TN homes cost per square foot in each Williamson County Schools zone: median price and $/sq ft for all seven high-school zones.

Read: Franklin TN Home Prices: The Williamson County Market Pulse
Franklin TN Home Prices: The Williamson County Market Pulse

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.

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

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.

Read: 3 biggest Nashville Real Estate Stories: September 6, 2026
3 biggest Nashville Real Estate Stories: September 6, 2026

Metro Council cleared Vanderbilt's 43 acres for towers up to 425 feet, downtown's condo core is holding more than two years of inventory at the pace it is actually selling, and a $34 million SoBro block went back to its lender without a shovel ever touching the ground.

Popular searches in Franklin

Frequently asked questions about 3029 Smith Ln

Is 3029 Smith Ln, Franklin still for sale?

As of the latest update (October 27, 2026), 3029 Smith Ln, Franklin is under contract and still being shown, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.

How long has 3029 Smith Ln been on the market?

3029 Smith Ln was listed on August 11, 2026 and went under contract on September 22, 2026, after 42 days on the market, per Realtracs.

Has the price of 3029 Smith Ln changed?

Yes. It was first listed at $750,000. The price has been reduced once, most recently to $689,000 by September 16, 2026, a total change of -8.1%.

How much does 3029 Smith Ln, Franklin cost?

3029 Smith Ln, Franklin is listed at $689,000, about $145,666 per acre across 4.73 acres.

How big is the lot at 3029 Smith Ln, Franklin?

4.73 acres (4.73 ac).

What is the price per acre?

About $145,666 per acre.

What subdivision is 3029 Smith Ln, Franklin in?

3029 Smith Ln, Franklin is in the Lynnwood Downs subdivision of Franklin.

Are there HOA dues?

HOA dues are $500 per month, as listed.

Can you build on 3029 Smith Ln, Franklin?

3029 Smith Ln, Franklin is a homesite; buildability depends on zoning, available utilities, and topography, confirm with the county before purchase. Ask Grant Hammond about new-construction and short-term-rental development potential.

How do I tour or make an offer on 3029 Smith Ln, Franklin?

Request a walkthrough of the parcel or submit an offer through the form on this page, or call or text Grant Hammond, Compass RE, at (615) 945-7123. Broker fees are not set by law and are fully negotiable.

Who can tell me more about 3029 Smith Ln, Franklin?

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

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