1196 Lula Ln
Franklin, TN, 37064 $ 2,799,500
Baths0.0 Monthly Estimate*
$ 17,676
Studio for $2,799,500. The lot size is 23.01.
One of the most coveted hilltops in Franklin, TN. The ultimate shovel-ready tract in the highly sought-after Southall corridor. This pristine 23.01-acre estate canvas is fully engineered and build-ready for an elite dual-home compound, private retreat, or a singular primary estate. Perched along a dramatic, high-elevation ridgeline, the property features two distinct, pre-approved building sites, each perked for 6 bedrooms/12 bedrooms total, and optimized for spectacular luxury residential footprints. These hilltop sites offer breathtaking, panoramic valley and ridge views with unmatched personal privacy, minutes from Franklin. The unique anatomy of the land delivers a spectacular architectural progression. The journey begins with an expansive 8 to 10 acres of flat, lower pasture at the valley floor, perfectly suited for a grand gated entry, sweeping equestrian use, or substantial secondary agricultural structures such as custom barns, workshops, or a luxury barndominium. From the pasture, the driveway ascends through a 10-acre pristine, forested hillside buffer. This natural curtain physically separates the lower functional land from the elite residential spaces above, completely securing the homes from outside visibility and ensuring permanent privacy. Unlike raw land plays that require years of environmental engineering and logistical delays, over $350k in high-value infrastructure is already complete on-site. City water and high-voltage power lines have already been run to both building sites on the ridge, and dual 6-bedroom septic systems are fully approved—no need to wait years to develop one of Franklin’s most prestigious estates. Build today! Located just moments from the world-class amenities of Southall, yet offering an oasis of complete natural serenity and autonomy, this property represents a rare convergence of scale, majestic scenery, and immediate construction possibilities. Bring your custom builder and break ground immediately. Coming Soon!
See more
FeaturesGeneralSewer Septic Tank Available
Utilities Water Available
Possession Close Of Escrow
Zoning Rsdntl
View Valley
Topography Hilly
County Williamson County TN
Property Type Land
Subdivision Name N/A
Status Active
Directions From Downtown Franklin take Carothers Rd south turn right onto Southall Rd then left onto Lula Ln. Follow Lula Ln to the gated entry for Tract 3. Boundary lines and engineered building envelopes are
High School Independence High School
City Franklin
Senior Community Y/N N
Lot Size Units Acres
Elementary School Winstead Elementary School
Property Attached Y/N N
Tax Annual Amount 55
Middle/Junior High School Legacy Middle School
Standard Status Active
See more
ExteriorLot Features Hilly
Water Source Public
Total Parking 0
Inclusions Land Only
Lot Size Area 23.01
Building Area Total 0
Lot Size Acres 23.01
Wooded Area 15
Road Surface Type Dirt Gravel
Lot Size Source Owner
Waterfront Y/N N
Road Frontage Type Private Road
See more
InteriorAir Conditioning Y/N N
Heating Y/N N
See more
* Excluded FeaturesList BySell Your Home Services, LlcBroker
DDemers@realtracs.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $17,676
- Monthly Property Taxes
- $5
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Franklin, TN
Average List Price $2,933,423
Percent of Sale Price 5%
About Franklin, TN 79,672 Population
65% Since 2002
$ 91,167 Median Income
39.79 Median Age
34% Households with Children
Trends Information provided by ATTOM Data Solutions.
245793 Elementary School
2872178 Middle School
Independence High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/30/2026 | $2,799,500 | | Listed Price |