185.42 acres for residential development in Franklin, Tennessee.
Property SizeContact for details
Days on Market488
Property Features for 4540 Peytonsville Rd
General Information
Standard statusActive
Taxes and HOA fees
Annual Taxes$3,294
Listing Agency:MCARTHUR SANDERS REAL ESTATE
Listed By:TOM MCARTHUR. JR. · License #210878(615) 370-4663
Source:Corcoran
Added: Jun 17, 2025Changed: Mar 16Last Checked: Aug 25 at 8:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MCARTHUR SANDERS REAL ESTATE
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This residential development opportunity is located in Franklin, Tennessee, just off I-65, Goose Creek Bypass, and Peytonsville Road Interchange. The property consists of approximately 185.42 acres, as per survey, with about 2,740 feet of frontage along the north side of Peytonsville Road. The land has an irregular shape, with a maximum depth of approximately 3,460 feet from Peytonsville Road to the rear boundary. The topography is rolling, with contours ranging from approximately 745 feet to 1,050 feet, offering views, a freshwater spring, and a mix of open pasture and woods. A small family cemetery is located immediately west of the existing residence. The current zoning is ER Estate Residential District (City of Franklin), and the long-range land use is Neighborhood Green (per Envision Franklin). The property includes a modern farmhouse with approximately 3,000 square feet of finished living space, featuring the primary bedroom and ensuite on the main level. Additional structures include a 3-car detached garage with shop and equipment storage, and multiple barns. The existing residence could be incorporated into a future development plan. Utility providers include Milcrofton Utility District for water, City of Franklin for sewer (requiring extension from the west), Middle Tennessee Electric for electricity, and Atmos Energy for gas. The location is 2.0 miles to I-65, 4.5 miles to I-840, 2.5 miles to shopping and dining in Berry Farms, 6.0 miles to Williamson Medical Center, 8.0 miles to Cool Springs, 9.0 miles to Downtown Franklin, and 25.0 miles to Downtown Nashville and BNA. Nearby residential developments include Brandon Park Downs, Berry Farms Town Center, Southbrooke, and Southvale. A proposed 1,425-unit Erickson Communities Senior Living Facility is planned just west of the property.
Key Highlights
Prime residential development opportunity in a targeted growth area, conveniently located off I‑65 near the Goose Creek Bypass/Peytonsville Road Interchange.
Substantial acreage: Approximately 185.42 acres with +/-2,740 feet of frontage on Peytonsville Road.
Existing modern farmhouse (approx. 3,000 sq. ft.) with main‑level primary suite, 3‑car detached garage/shop, and multiple barns; residence potentially incorporable into future development.
Property Analytics
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Current Use
Residential land & home ...
Location Intelligence
Trade Area within ½ mile
6
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Business Placement
Demographics for 37064, TN
62,422
Population
25,302
Households
2.5
Avg Household Size
41
Median Age
59%
College-Educated
94%
High-School Grad
184.0 sq mi
ZIP Area
339
Density / Sq Mi
$121,492
Median Household Income
$56,690
Median Earnings
$1,810
Median Rent
$664,000
Median Home Value
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Residential land & home lot - 185.42 acres for residential development in Franklin, Tennessee.
Where is this residential land & home lot located?
The property is located at 4540 Peytonsville Rd Franklin, TN.
What is the asking price?
The asking price for this property is $17,500,000.
What are key features of this property?
This property features: Prime residential development opportunity in a targeted growth area, conveniently located off I‑65 near the Goose Creek Bypass/Peytonsville Road Interchange.; Substantial acreage: Approximately 185.42 acres with +/-2,740 feet of frontage on Peytonsville Road.; Existing modern farmhouse (approx. 3,000 sq. ft.) with main‑level primary suite, 3‑car detached garage/shop, and multiple barns; residence potentially incorporable into future development.
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New: 350 Mission StJust listed · $36/SF · 2 min ago