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5559 Lynnwood Way, Franklin, TN, 37069

$7,700,000

82.00 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
WaterfrontPond
MLS #2578651
Lot Size82.00 Acres
StatusAccepting Backup Offers
(Under Contract - Showing)

About 5559 Lynnwood Way

Ultimate privacy and tranquility, mere minutes from all the amenities of city living. Once in a lifetime opportunity to secure 82 private, pristine acres nestled in a lush valley only 10 minutes from downtown Franklin and 20 minutes from downtown Nashville. Private drive leads through enchanting old growth timber forest to sweeping verdant meadows, miles of trails and a picturesque private lake. Multiple possible building sites, perfect for your private retreat estate, family compound or luxury development.

Property Details

Property Features

Listing Office:

  • Office Name: Pilkerton Realtors
  • Office Phone: (615) 349-6266
  • Listing Agent: Brett Sheriff

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Pond

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Rolling/Hilly
  • Lot Size: 82.00 Acres

School Info

Assigned Schools Information:

  • Franklin High School, Public Magnet Grades 9-12
  • Grassland Middle School, Public District Grades 6-8
  • Walnut Grove Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From I65, Exit on Moores Lane West, Cool Springs Mall. Cross Franklin Road. Property gate is at the top of the hill on the left. From Hillsboro Road, West on Lynnwood Way. Property gate is on the south side

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,700,000

Tax Information:

  • Annual Amount: $212
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Franklin, TN.

Med. Sold Price

$864.3K

Med. Price/SqFt

$314

Avg. Days On Market

27

# of Sold Homes

130

5559 Lynnwood Way vs Franklin

207 DAYS ON ROCKET

+180 Days

$7,700,000

+$6.8M More

KEY TAKEAWAY

This property is $6.8M more than the Median Sold Price in Franklin, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2578651

Listing Office:

  • Office Name: Pilkerton Realtors
  • Office Phone: (615) 349-6266
  • Listing Agent: Brett Sheriff

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 11:18:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 01, 2021Home Sold
$5,400,000
Feb 05, 2019Home Sold
$2,400,000

Tax History

YEARPROP. TAXASSESSMENT
2020$212$9,550
2019 - $9,550

History based on county public records data.

Payment Calculator

$38.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$23.1K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3067782
8
/10
  • Walnut Grove Elementary School

  • 326 Stable Rd

  • 2.66 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3067783
8
/10
  • Grassland Middle School

  • 2390 Hillsboro Rd

  • 3.52 miles

  • Public District Grades 6-8

High School

school-card-donut-3067784
10
/10
  • Franklin High School

  • 810 Hillsboro Rd

  • 2.51 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $122,115. Typical income of Franklin, TN residents is between $100k-200k annually. Residents typically live in married, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5559 Lynnwood Way

What is the listing price of this property?

The listing price of 5559 Lynnwood Way property is $7,700,000.

What type of property is this?

The property 5559 Lynnwood Way is land located in Franklin, Tennessee, 37069.

Is this property for sale now?

Accepting Backup Offers: 5559 Lynnwood Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 5559 Lynnwood Way are:
Walnut Grove Elementary School: GreatSchools Rating 8/10
Grassland Middle School: GreatSchools Rating 8/10
Franklin High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $212 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 1, 2021 for $5,400,000. (source: MLS/tax record).

How much acreage is this property?

The property 5559 Lynnwood Way is 82.00 acres.
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Rocket HomesTennesseeWilliamson CountyFranklin370695559 Lynnwood Way

This home is located at 5559 Lynnwood Way in Franklin, TN and zip code 37069. This home sits on a 82.00 acre lot. It has been listed on Rocket Homes since October 05, 2023 and is currently priced at $7,700,000.

In March 2024, from all listings sold in Franklin, TN there were more than 27 sold above asking price, over 67 sold below and more than 35 were sold right at the asked price. Between February 2024 and March 2024, Franklin, TN real estate market has seen increase in the number of listings by 12.6%. The median list price of listings available in March 2024 was $864,315, while the average time on the real estate market was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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