4008 Carters Creek Pike 1, Franklin, TN 37064
4008 Carters Creek Pike 1, Franklin, TN 37064, Active at $12,500,000 ($1,038/sq ft). 5 bd · 6.5 ba (6 full, 1 half) · 12,048 sqft · $1,038/sqft · 21.52 ac.
4008 Carters Creek Pike 1, Franklin, TN 37064, Active at $12,500,000 ($1,038/sq ft). 5 bd · 6.5 ba (6 full, 1 half) · 12,048 sqft · $1,038/sqft · 21.52 ac.
Active · $12,500,000
MLS #3603518 · listed November 3, 2025 · 342 days on market · updated October 1, 2026
5-bed, 6.5-bath home at 4008 Carters Creek Pike 1 in Franklin, Franklin, 12,048 sqft, $12,500,000 ($1,038/sqft), by Compass Tennessee, LLC.
4008 Carters Creek Pike 1 is a 5-bedroom, 6.5-bath home in Franklin, TN 37064, offered at $12,500,000, about $1,038/sq ft across 12,048 sq ft.
Market read: the Franklin market is balanced, at about 4.4 months of inventory.
All-in, about $75,892/mo at 20% down (7.63% 30-year fixed).
Beyond principal and interest, the recurring carrying costs on this home (property tax, insurance) run about $5,078/mo, roughly 7% of the all-in monthly payment.
At the current 7.63% 30-year jumbo rate, principal and interest on this home runs about $70,814/mo; at the 6.82% rate of about three months ago it would be roughly $65,326/mo, so monthly P&I is about $5,488 higher now.
School zone: assigned to Hillsboro Elementary/ Middle School, Hillsboro Elementary/ Middle School, Independence High School. Attendance zones can change; verify current assignment with the district.
Next step: ask Grant Hammond anything about 4008 Carters Creek Pike 1 (comps, HOA, tours) and he replies personally, usually same day.
Analysis by Grant Hammond, Compass RE. Figures as of October 1, 2026. Realtracs via IDX.
This is a standard residential home, not a permitted short-term rental.
More context: homes for sale in Franklin.
Welcome to a truly exceptional property where luxury and the natural beauty of the Tennessee countryside converge. Set on 21.52 picturesque acres of mature timber, open land, and serene privacy, this gated estate is just moments from downtown Franklin, the charm of Leiper's Fork, and under a mile to Southall Farm & Inn. At the center of the estate stands an impressive three-level residence encompassing over 12,000 square feet including a conditioned garage that holds up to 10 cars. The home features 5 bedrooms, 5 full baths, and 2 half baths including an additional half bath in the conditioned garage, with expansive windows, a screened rear patio, and thoughtfully designed indoor-outdoor living spaces that frame the stunning landscape. The heated saltwater pool, complete with spa, waterfall, and stone decking, provides a resort-style setting for both relaxation and entertaining. For collectors and hobbyists, a separate climate-controlled car barn measuring 120' x 84' provides space for up to 50+ vehicles and endless possibilities. Beyond its current use, the expansive structure could be transformed into a private wellness retreat, equestrian barn, indoor riding arena, sports court, basketball or pickleball facility, or a one-of-a-kind recreational space tailored to your vision. Whether you seek a legacy property or a private retreat, this exceptional offering delivers a lifestyle of sophistication, comfort, and unmatched Tennessee charm.
Listing remarks via the Realtracs Internet Data Exchange.
Complete reported fields for 4008 Carters Creek Pike 1 (reference).
| Date | Event | Price | Change |
|---|---|---|---|
| Listed | $12,500,000 |
Listed November 3, 2025, this listing has been on the market 342 days as of October 11, 2026. The asking price has not changed since it was listed.
Estimated monthly ownership for 4008 Carters Creek Pike 1 at $12,500,000: principal & interest, property tax, insurance. Estimate only; not a loan offer.
| List price | $12,500,000 |
|---|---|
| Property tax basis | Assessed value × 25% (TN residential ratio) × the Williamson County rate |
Estimated total monthly payment for 4008 Carters Creek Pike 1 is about $75,892/mo, 20% down on a 30-year fixed at 7.63% (a jumbo loan), including principal & interest $70,814, estimated property tax $4,078, homeowners insurance $1,000. Estimate only; not a loan offer.
| Principal & interest | $70,814/mo |
|---|---|
| Property tax (est.) | $4,078/mo |
| Homeowners insurance (est.) | $1,000/mo |
| Estimated total | $75,892/mo |
Assumes 20% down, 30-year fixed at 7.63% (Mortgage News Daily, as of October 9, 2026). Property tax uses the Franklin, Williamson County rate outside the Franklin Special School District (FSSD addresses add $0.7673 per $100) 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 |
|---|---|---|---|
| 6.63% | $64,064/mo | $69,142/mo | -$6,750/mo |
| 7.13% | $67,406/mo | $72,484/mo | -$3,408/mo |
| 7.63% | $70,814/mo | $75,892/mo | current |
| 8.13% | $74,285/mo | $79,363/mo | +$3,471/mo |
| 8.63% | $77,815/mo | $82,893/mo | +$7,001/mo |
Principal & interest on a 30-year fixed at 20% down ($10,000,000 loan), with property tax, insurance held constant at $5,078/mo. Current 30-year fixed 7.63% (Mortgage News Daily, as of October 9, 2026). Estimate only; not a loan offer.
Owning 4008 Carters Creek Pike 1 runs about $75,892/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 37064 active | Recently sold |
|---|---|---|---|
| Price / sq ft | $1,038 | $392 median | - |
| Price position | 91st pctile | +165% vs median | - |
This listing beside the active Franklin 37064 market and recent recorded closings. Computed by Grant Hammond from Realtracs via IDX, as of October 11, 2026.
At $1,038/sq ft, this home ranks in the 91st percentile of the active homes in Franklin 37064 by price per square foot.
Computed by Grant Hammond from the active Franklin 37064 comparables (Realtracs via IDX), as of October 11, 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 | 939 in Franklin |
|---|---|
| Recent absorption | about 213.4 sales / mo |
| Months of inventory | 4.4 months, a balanced market |
Supply-side and recent-sale context for Franklin. Sale figures are trailing 6/12/24-month medians of recorded Franklin closings. Source Realtracs via IDX, as of October 1, 2026.
4008 Carters Creek Pike 1 sits in Franklin, Franklin, Williamson County.
In Franklin 37064, homes there are priced around $393 per square foot; inventory in Franklin is running at about 4.4 months, a balanced market.
Neighborhood housing-market facts computed by Grant Hammond from Realtracs via IDX, as of October 2, 2026.
Approximately 22 miles from downtown Nashville (straight-line distance).
4008 Carters Creek Pike 1 is zoned for Hillsboro Elementary/ Middle School, Hillsboro Elementary/ Middle School, Independence 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 4008 Carters Creek Pike 1 - plus tour times if you want them. Grant Hammond, Compass RE, replies personally, usually the same day.
Comparable listings near 4008 Carters Creek Pike 1, by price and size.
Listed with Compass Tennessee, 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.
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 (October 1, 2026), 4008 Carters Creek Pike 1, Franklin is active, per Realtracs. Contact Grant Hammond, Compass RE, for current availability.
4008 Carters Creek Pike 1 was listed on November 3, 2025 and has been on the market 342 days as of October 11, 2026, per Realtracs.
No. The asking price has been $12,500,000 since it was listed on November 3, 2025.
4008 Carters Creek Pike 1, Franklin is listed at $12,500,000, about $1,038 per square foot across 12,048 square feet.
5 bedrooms and 6.5 bathrooms (6 full, 1 half).
About $1,038 per square foot ($12,500,000 across 12,048 sqft).
4008 Carters Creek Pike 1, Franklin was built in 2007.
Yes, 13 garage spaces, per the listing.
No HOA dues are reported for this home.
4008 Carters Creek Pike 1, Franklin is in the Franklin subdivision of Franklin.
About $75,892 a month with 20% down on a 30-year fixed at 7.63%, principal and interest $70,814, estimated property tax $4,078, 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.
4008 Carters Creek Pike 1, Franklin is zoned for Hillsboro Elementary/ Middle School, Hillsboro Elementary/ Middle School, Independence High School. Attendance zones and enrollment change, verify current zoning with the Williamson County Schools district.
No, 4008 Carters Creek Pike 1, 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 $1,038 per square foot, 4008 Carters Creek Pike 1, Franklin ranks in the 91st percentile of active Franklin 37064 listings by price per square foot, roughly 164% above the Franklin 37064 median. This is comp-based analysis by Grant Hammond, Compass RE, not an appraisal.
The Franklin market is currently balanced, at about 4.4 months of inventory, per Realtracs as of October 1, 2026.
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