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Estate Land with Spring-Fed Lake
For Sale
$5,900,000

5450 Old 96, Franklin, TN 37064

A 74-acre wooded estate parcel with a spring-fed lake, open pastures, and ridgeline build sites for a private home plan.

Property SizeContact for details
Lot Size74.00 Acres
Days on Market91

Property Features for 5450 Old 96

General Information

Standard status Active
Lot size 74.00 Acres
Property subtype Land

Taxes and HOA fees

Annual Taxes $572
Listing Agency: McEwen Group
Listed By: Brandee Webster Ransom
Source: Exprealty
Added: Jun 3 Changed: Aug 31 Last Checked: Aug 31 at 12:27AM

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 McEwen Group

Investment Insights

Based on property information with market context.

This 74-acre land offering features mature woodlands, open pastures, and a charming spring-fed 1-acre lake that anchors the property’s natural setting. Multiple ridgeline build sites are positioned for elevated views and seclusion, offering flexibility for how a future estate home can be placed within the landscape. Preliminary soil work has been completed to support a proposed 5–6 bedroom home plan. In addition, there is a small home near the entrance that can provide immediate use while plans for the primary residence are developed.

The property sits just two miles from the heart of Leiper’s Fork, with access that keeps you close to the area’s dining, art, and music scene while still offering a private, wooded environment. The combination of ridges, tree cover, and pasture areas supports a retreat-style approach rather than a subdivided or development-focused use.

For buyers looking to create a single, custom lifestyle property, the land’s mix of woodlands, water, and multiple building locations supports a range of estate layouts. The presence of preliminary soil work and a small existing home can also help streamline near-term decision-making if you want to begin using the site while planning a larger primary residence.

Key Highlights

  • 74‑acre wooded estate parcel near Leiper’s Fork
  • Spring‑fed 1‑acre lake on the property
  • Multiple ridgeline build sites with views and privacy

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Bed & Breakfast Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

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
Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - A 74-acre wooded estate parcel with a spring-fed lake, open pastures, and ridgeline build sites for a private home plan.
Where is this residential land & home lot located?
The property is located at 5450 Old 96 Franklin, TN.
What is the asking price?
The asking price for this property is $5,900,000.
What are key features of this property?
This property features: 74‑acre wooded estate parcel near Leiper’s Fork; Spring‑fed 1‑acre lake on the property; Multiple ridgeline build sites with views and privacy
More about this property
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