Rare gated equestrian property on 1.67 acres in the City of Franklin—with agricultural zoning and no HOA! Situated on two combined tracts, 172 Chester Stephens Road offers established horse amenities, exceptional versatility, and the atmosphere of country living approximately 1.5 miles from shopping, dining, fitness, and healthcare.
The thoughtfully renovated four-bedroom, two-bath brick home features a bright, open-concept kitchen and living area with vaulted ceilings, recessed lighting, an oversized contemporary ceiling fan, and hardwood flooring throughout. The updated kitchen includes white Shaker-style cabinetry, leathered granite countertops, a generous island with seating, subway-tile backsplash, floating wood shelves, farmhouse-inspired pendant lighting, and under-cabinet illumination.
A split-bedroom floor plan places the private primary suite on the opposite side of the home from the secondary bedrooms. Entered through a space-saving pocket door, the suite includes a walk-in closet, private bathroom with a fully tiled walk-in shower, and a comfortable sitting area—creating a peaceful retreat with added separation and privacy.
The secondary bathroom has also been attractively updated with a contemporary vanity and fresh finishes. Neutral colors, substantial trim, black hardware, and abundant natural light give the entire home a clean, welcoming appearance.
French doors open to a raised rear deck and adjoining patio, providing inviting spaces for outdoor dining, entertaining, or relaxing beneath the property’s mature trees.
The property includes two separate outbuildings. The dedicated horse barn features enclosed stalls, an attached covered area, and a durable metal roof. Two paddocks with attractive four-board horse fencing provide a ready-to-use setup for horses.
A second, large detached garage and workshop provides exceptional flexibility. Features include a concrete floor, electricity, bright overhead lighting, storage shelving, and extra-tall automatic doors suitable for oversized vehicles, trailers, equipment, or recreational items. This versatile building could also accommodate workshop projects, hobbies, additional storage, or future customization.
Black aluminum fencing connects the two tracts and creates an impressive gated entrance. The private gravel driveway is secured by a solar-powered automatic gate with separate coded keypads for entry and exit. The property is served by public water and has a private septic system.
Enjoy 1.67 acres with agricultural zoning and no HOA while remaining approximately 1.5 miles from Publix, Williamson Medical Center, Life Time Fitness, popular restaurants, shopping, and everyday services.
With two combined tracts, a renovated home, private primary suite, two separate outbuildings, established equestrian facilities, gated access, public water, agricultural zoning, and no HOA, 172 Chester Stephens Road presents an increasingly rare opportunity in the heart of Franklin.
For sale by owner
$850,000
172 Chester Stephens Rd, Franklin, TN 37067
3beds
1,480sqft
SingleFamily
Built in 1967
1.7 Acres Lot
$644,300 Zestimate®
$574/sqft
$-- HOA
What's special
Walk-in closetWhite shaker-style cabinetryGenerous island with seatingTwo separate outbuildingsNeutral colorsOversized contemporary ceiling fanSplit-bedroom floor plan
- 10 hours
- 161
- 8
Listed by:
Property Owner (615) 218-6199
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced air, Other, Electric
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Flooring: Tile, Hardwood
- Basement: None
Interior area
- Total interior livable area: 1,480 sqft
Property
Parking
- Total spaces: 10
- Parking features: Garage - Detached, Off-street
Features
- Exterior features: Brick
- Has view: Yes
- View description: Territorial
Lot
- Size: 1.7 Acres
Details
- Parcel number: 09408004000
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1967
Community & HOA
Location
- Region: Franklin
Financial & listing details
- Price per square foot: $574/sqft
- Tax assessed value: $561,900
- Annual tax amount: $2,200
- Date on market: 9/21/2026
Estimated market value
$644,300
$599,000 - $696,000
$3,504/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/21/2026 | Listed for sale | $850,000+102.4%$574/sqft |
Source: Owner Report a problem | ||
| 2/25/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/18/2020 | Listing removed | $2,500$2/sqft |
Source: Owner Report a problem | ||
| 7/30/2020 | Listed for rent | $2,500$2/sqft |
Source: Owner Report a problem | ||
| 5/23/2019 | Sold | $420,000+189.7%$284/sqft |
Source: Public Record Report a problem | ||
| 12/13/2004 | Sold | $145,000+6344.4%$98/sqft |
Source: Public Record Report a problem | ||
| 3/30/1994 | Sold | $2,250$2/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,200 +48.5% | $140,475 +104.5% |
| 2024 | $1,481 | $68,700 |
| 2023 | $1,481 | $68,700 |
| 2022 | $1,481 | $68,700 |
| 2021 | $1,481 +3.6% | $68,700 +23.8% |
| 2020 | $1,430 +4.2% | $55,475 |
| 2019 | $1,372 +2.8% | $55,475 +4.2% |
| 2018 | $1,334 | $53,225 |
| 2017 | $1,334 | $53,225 |
| 2016 | -- | $53,225 +23.2% |
| 2015 | -- | $43,200 |
| 2014 | -- | $43,200 |
| 2013 | -- | $43,200 |
| 2012 | -- | $43,200 |
| 2011 | -- | $43,200 +20.6% |
| 2007 | $828 | $35,833 |
| 2006 | $828 +6.6% | $35,833 +31% |
| 2005 | $777 | $27,351 |
| 2004 | $777 | $27,351 |
| 2002 | $777 | $27,351 |
| 2001 | -- | $27,351 -75% |
| 2000 | -- | $109,405 |
Find assessor info on the county website
Monthly payment
Est. payment








