5550 Hargrove Ridge Rd, Franklin TN 37064
40.41 Acres in Leiper’s Fork — Build Without the Wait 5550 Hargrove Ridge Road · Franklin, TN 37064 A rare opportunity at the end of a private, no-outlet road in Leiper’s Fork. This 40.41-acre tract offers total seclusion with ridge-top views, hardwood forest, and a year-round spring-fed creek with natural waterfalls — all within minutes of the village and just 12 miles to downtown Franklin. What sets this property apart: approved septic capacity for approximately 15 bedrooms, with plat recording underway. The most time-consuming and uncertain part of building is already complete, giving
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Franklin
This property is offered at $1,280 per square foot, compared with a $353 median for active 4-bedroom homes in Franklin. Its asking price falls near the 90th percentile of that active group. The comparison uses 392 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 1 day, while the current cohort averages 70 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 1 closed sale within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $2,200,000.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 5512 Old Hwy 96 | Jun 18, 2026 | — | $2,200,000 | 1.1 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $2,685,000 · Coming Soon
- $2,685,000 · Coming Soon
- $2,685,000 · Off Market
- $2,685,000 · Off Market
- $2,685,000 · Coming Soon
Location reference points
How this address sits within the Franklin area
These distances are precomputed from the listing coordinates and a maintained set of regional landmarks; no mapping service is called when this page loads. Mileage is straight-line distance. Driving minutes are a planning estimate derived from that distance and should be checked against a live route before a showing or commute.
- Downtown Tullahoma60.9 miles straight-line · roughly 109 driving minutes
- I-24 at Manchester61.6 miles straight-line · roughly 110 driving minutes
- Downtown Manchester61.8 miles straight-line · roughly 110 driving minutes
- Arnold Air Force Base65.2 miles straight-line · roughly 116 driving minutes
Continue comparing
Similar active homes in Franklin
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Franklin homes for sale · See the Franklin market report