This charming 1958 stone cottage has been thoughtfully transformed into a stunning modern farmhouse, blending timeless character with elevated, high-end finishes. From the moment you step inside, the details stand out—shiplap accents, a farmhouse sink, Sub-Zero refrigerator, and Smeg gas oven create a warm yet sophisticated space designed for both everyday living and entertaining.
Situated on a private 1.59-acre lot with mature trees and 246’ of road frontage, this property presents a rare combination of space, privacy, and natural beauty. Enjoy quiet mornings or evenings on the covered porch overlooking the expansive backyard, complete with seasonal lake views in the winter. The property also includes a prepared drainage pad suitable for a future barn or additional outbuilding, with flexibility for a range of uses.
Currently operating as an Airbnb, the property provides flexibility for use as an investment property or a private single-family residence. Opportunities like this are increasingly limited.
Located in Fairview, a rapidly developing area with significant new construction and infrastructure underway, and just minutes from Franklin and Bellevue.
A unique property combining character, privacy, and versatility.
Under contract - not showing
Price cut: $26K (5/28)
$699,000
7120 Wallace Rd, Fairview, TN 37062
3beds
1,806sqft
Single Family Residence, Residential
Built in 1958
1.59 Acres Lot
$-- Zestimate®
$387/sqft
$-- HOA
What's special
Covered porchSmeg gas ovenExpansive backyardMature treesShiplap accentsStone cottageFarmhouse sink
- 47 days |
- 1,308 |
- 127 |
Zillow last checked:
Listing updated:
Listed by:
Steve Koleno 804-656-5007,
Beycome Brokerage Realty, LLC 804-656-5007
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3184001
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 3
Heating
- Electric, Heat Pump
Cooling
- Central Air, Electric
Appliances
- Included: Gas Oven, Gas Range, Dishwasher, Disposal, Dryer
Features
- Air Filter, Ceiling Fan(s), Open Floorplan, Smart Thermostat, Walk-In Closet(s)
- Flooring: Wood, Tile
- Basement: Crawl Space
Interior area
- Total structure area: 1,806
- Total interior livable area: 1,806 sqft
- Finished area above ground: 1,806
Property
Features
- Levels: One
- Stories: 1
- Exterior features: Smart Lock(s)
Lot
- Size: 1.59 Acres
Details
- Parcel number: 094023 04000 00001023
- Special conditions: Standard
- Other equipment: Air Purifier
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Hardboard Siding, Stone
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Fairview
Financial & listing details
- Price per square foot: $387/sqft
- Tax assessed value: $599,000
- Annual tax amount: $1,502
- Date on market: 4/28/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Pending sale | $699,000$387/sqft |
Source: | ||
| 5/28/2026 | Price change | $699,000-3.6%$387/sqft |
Source: | ||
| 4/29/2026 | Listed for sale | $725,000+61.1%$401/sqft |
Source: | ||
| 7/28/2020 | Sold | $450,000$249/sqft |
Source: | ||
| 7/5/2020 | Price change | $450,000+20%$249/sqft |
Source: Leipers Fork Group with Keller Williams Realty #2162108 Report a problem | ||
| 7/1/2020 | Listed for sale | $375,000+150%$208/sqft |
Source: Leipers Fork Group with Keller Williams Realty #2162108 Report a problem | ||
| 2/21/2017 | Sold | $150,000$83/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,831 -4.6% | $149,750 +39% |
| 2024 | $2,969 | $107,700 |
| 2023 | $2,969 | $107,700 |
| 2022 | $2,969 | $107,700 |
| 2021 | $2,969 +88.9% | $107,700 +112.2% |
| 2020 | $1,572 | $50,750 |
| 2019 | $1,572 +85.8% | $50,750 +81.6% |
| 2018 | $846 | $27,950 |
| 2017 | $846 | $27,950 |
| 2016 | -- | $27,950 -0.4% |
| 2015 | -- | $28,075 |
| 2014 | -- | $28,075 |
| 2013 | -- | $28,075 |
| 2012 | -- | $28,075 |
| 2011 | -- | $28,075 +21.5% |
| 2007 | $684 | $23,110 |
| 2006 | $684 -6.4% | $23,110 +14.8% |
| 2005 | $731 +3.4% | $20,137 |
| 2004 | $707 | $20,137 |
| 2002 | $707 | $20,137 |
| 2001 | -- | $20,137 -75% |
| 2000 | -- | $80,548 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 37062
Nearby schools
GreatSchools rating
- 6/10Westwood Elementary SchoolGrades: PK-5Distance: 2.3 mi
- 8/10Fairview Middle SchoolGrades: 6-8Distance: 4.1 mi
- 8/10Fairview High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- Elementary: Westwood Elementary School
- Middle: Fairview Middle School
- High: Fairview High School
Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Williamson County
- Fairview
- 37062
- 7120 Wallace Rd




