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5405 Franklin Pike, Nashville, TN 37220

5405 Franklin Pike, Nashville, TN 37220, sold for $1,500,000 on December 5, 2023. homesite.

Sold December 5, 2023 · $1,500,000

Residential Lot

MLS #2530129 · listed May 24, 2023 · updated December 13, 2023

homesite at 5405 Franklin Pike in Oak Hill Estates, Nashville, sold for $1,500,000 on December 5, 2023, listed by Benchmark Realty, LLC.

The quick read

5405 Franklin Pike, a homesite in Nashville, TN 37220, sold for $1,500,000 on December 5, 2023, $99,000 (6.2%) below its last list price of $1,599,000, after 180 days on market.

Timeline: listed May 24, 2023, under contract November 20, 2023 after 180 days on market, closed December 5, 2023, per Realtracs. It closed 25.0% below its original list price of $2,000,000.

Next step: ask Grant Hammond about lots for sale near 5405 Franklin Pike or what this sale means for a home you own nearby; he replies personally, usually same day.

Analysis by Grant Hammond, Compass RE (TN Broker), with 25+ years and $1B+ in Middle Tennessee sales and hundreds of millions in luxury closings. Sale recorded December 5, 2023 per Realtracs via IDX; market figures as of November 3, 2026.

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

Description of 5405 Franklin Pike

Back on the market, contract fell through due to financing. We can close as fast as you want. Home and 1 vacant lot approximately 4.33 total acres = 369K per acre, that is being marketed sold as is and is assumed to be a tear down MLS #2530131 This property is being sold together with the 1 adjacent property @ 5401 Franklin Pk not sold separately, see aerial photo.Offers to be made on TAR RF404,may attach addendum if necessary. See offer instructions and include proof of funds with offer.Appointments necessary to walk the properties!! Buyer and or Buyers agent to verify all information.

Listing remarks via the Realtracs Internet Data Exchange.

Full property details

Complete reported fields for 5405 Franklin Pike (reference).

MLS #2530129
StatusSold
Closing price$1,500,000
ClosedDecember 5, 2023
Last list price$1,599,000
Property typeResidential Lot
SubdivisionOak Hill Estates
ListedMay 24, 2023
UpdatedDecember 13, 2023

Listing activity

DateEventPriceChange
Off market
Closed$1,500,000-$500,000 (-25.0%) vs list
Under contract
Listed$2,000,000

Listed May 24, 2023, this listing was on the market 180 days before it went under contract. It closed on December 5, 2023 for $1,500,000 (-$500,000 (-25.0%) against the last list price).

Sale summary

5405 Franklin Pike sold for $1,500,000 on December 5, 2023, $99,000 (6.2%) below its last list price of $1,599,000. This lot is no longer for sale; the figures below are the recorded sale, per Realtracs.

Closing price$1,500,000
Closed
Listed
Under contract
Days on market180 (listing to contract)
Original list price$2,000,000
Last list price$1,599,000
Sale to list price93.8%

Closing price and date per Realtracs via IDX. Not an estimate of current value.

How this homesite is priced

The evidence behind that pricing read:

  • Priced at $1,599,000. Land is compared on a per-acre basis, not $/sqft.
  • Analysis by Grant Hammond, Compass RE, comp-based, not an appraisal.

Location & neighborhood

5405 Franklin Pike sits in Oak Hill Estates, Nashville, null County.

Approximately 7.7 miles from downtown Nashville (straight-line distance).

Ask Grant about 5405 Franklin Pike

Get the full details, recent comparable sales, and any off-market options for 5405 Franklin Pike. This home has sold; ask about similar homes for sale nearby or what this sale means for a home you own. Grant Hammond, Compass RE, replies personally, usually the same day.

Sent straight to Grant Hammond, Compass RE. Used only to respond to your inquiry, never sold or spammed. By submitting, you agree to be contacted about this property.

Similar & nearby

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Listed by David Carr, Benchmark Realty, 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.

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Popular searches in Nashville

Frequently asked questions about 5405 Franklin Pike

Is 5405 Franklin Pike, Nashville still for sale?

No. 5405 Franklin Pike, Nashville sold for $1,500,000 on December 5, 2023, per Realtracs. Ask Grant Hammond, Compass RE, about lots for sale nearby.

How long has 5405 Franklin Pike been on the market?

5405 Franklin Pike was listed on May 24, 2023 and went under contract on November 20, 2023, after 180 days on the market, per Realtracs.

Has the price of 5405 Franklin Pike changed?

No. The asking price has been $2,000,000 since it was listed on May 24, 2023.

What did 5405 Franklin Pike, Nashville sell for?

$1,500,000, closing on December 5, 2023, $99,000 (6.2%) below its last list price of $1,599,000.

Did 5405 Franklin Pike, Nashville sell above or below the asking price?

Below. It sold for $1,500,000, $99,000 (6.2%) below its last list price of $1,599,000 and 25.0% below its original list price of $2,000,000, per Realtracs.

How big is the lot at 5405 Franklin Pike, Nashville?

Lot size is not reported for this listing.

What subdivision is 5405 Franklin Pike, Nashville in?

5405 Franklin Pike, Nashville is in the Oak Hill Estates subdivision of Nashville.

How do I find lots for sale near 5405 Franklin Pike, Nashville?

Ask Grant Hammond, Compass RE, through the form on this page or call or text (615) 945-7123; he can send active listings and recent sales in Oak Hill Estates as they come up.

Who can tell me more about 5405 Franklin Pike, Nashville?

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

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Own a home near 5405 Franklin Pike?

This lot sold for $1,500,000 on December 5, 2023. Grant Hammond, Compass RE, can show what yours could sell for, from this sale and the other recent closings in Oak Hill Estates.

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