308 Everbright Ave

Franklin, TN 37064

MLS# RTC3122469

$3,500,000
4,754 sq ft
5 Bedrooms
4 Bathrooms

Description

Rare Downtown Franklin Compound | Two- Home Estate | Multigenerational Living & Income Potential

This is one of downtown Franklin' s most exceptional compound properties — a true two- home estate offering flexibility, privacy, and income potential that cannot be replicated elsewhere in the city. Situated on a historic street just a short stroll from Five Points, this multigenerational compound sits on an oversized double lot and is zoned for the highly sought- after Franklin Special School District.

The European- inspired main residence features white oak flooring, Taj Mahal quartzite and soapstone surfaces, designer lighting, custom tile, and abundant natural light throughout. The thoughtfully designed floor plan offers 5 bedrooms, 4. 5 bathrooms, two full kitchens, three living areas, a cozy den, two laundry rooms, and additional flex space ideal for a home gym or studio. A vaulted upper- level deck overlooks organic gardens and professionally designed landscaping — a sanctuary in the heart of downtown Franklin.

The detached 1, 314 sq. ft. carriage house, completed in 2023 and not included in the listed square footage or price- per- square calculation, offers 2 bedrooms, 2 full bathrooms, and a loft. It is perfectly suited for multigenerational living, private guest quarters, or short- term and long- term rental income, all while matching the quality and character of the main residence.
Unique zoning allows the owner to short- term rent either home while occupying the other — an advantage virtually unheard of this close to downtown Franklin. Both homes carry established rental histories, offering immediate income potential and long- term value.

Properties combining this location, compound versatility, architectural integrity, and financial flexibility are extraordinarily rare in the Franklin market and seldom become available twice.

Details

  • MLS#: 3122469
  • County: Williamson County, TN
  • Subd: Everbright
  • Stories: 2.00
  • Full Baths: 4
  • Half Baths: 1
  • Bedrooms: 5
  • Built: 2023 / Renovated
  • Lot Size: 0.420 ac

Utilities

  • Water: Public
  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Heating: Central, Natural Gas

Public Schools

  • Elementary: Franklin Elementary
  • Middle/Junior: Freedom Middle School
  • High: Centennial High School

Property Information

  • Constr: Hardboard Siding, Brick, Stone, Stucco
  • Floors: Carpet, Wood, Tile
  • Garage: No
  • Basement: Finished
  • Waterfront: No
  • Bed 1: Full Bath
  • Bed 2: Bath
  • Bed 3: Extra Large Closet
  • Patio: Deck, Covered, Patio
  • Taxes: $8,831

Appliances / Misc.

  • Fireplaces: 1
  • Drapes: Remain

Features

  • Double Oven
  • Built-In Gas Range
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Built-in Features
  • Ceiling Fan(s)
  • Extra Closets
  • High Ceilings
  • Pantry
  • Walk-In Closet(s)
  • High Speed Internet

Directions

From I-65 North, take Exit 65 for TN-96 / Murfreesboro Road toward Franklin. Turn right onto TN-96 East (Murfreesboro Rd) and continue straight as it becomes Main Street through downtown Franklin. Turn right onto 5th Avenue South, then turn left onto Ever

Listing Agency

Compass RE

Agent: Sam Miller

CoListing Office: Compass RE

CoListing Agent: Steve Miller

Information is Believed To Be Accurate But Not Guaranteed. Copyright 2026 RealTracs Solutions. All rights reserved.

RCW Realty Company

(615) 406-7221

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Hendersonville, TN 37075

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