224 3rd Ave, S

Active

Franklin, TN 37064

4
Bedrooms
3.5
Bathrooms
4,742.00
Sq Ft
0.5100
Acres
Updated 6 minutes ago MLS #: 3194229 Listed 3 weeks ago

$3,575,000.00

Est. Monthly: $17,254.56
$754
Per Sq Ft
Private Pool Your own pool
Spacious — 4,742 sq ft Room to spread out
3-Car Garage Generous parking

About This Property

Welcome to this beautiful 1805 home located in the heart of Historic Downtown Franklin. This stately brick home was one of Franklin’s first residences. The estate sits on over a half acre. The back yard is fenced for privacy and enjoyment of the multiple outdoor living areas. It is prominently located on prestigious 3rd Avenue South and is only one block from the Franklin Tennessee town square. This stately home was extraordinarily well-constructed by master craftsmen to stand the test of time and it certainly has for the past 221 years while becoming even more beautiful and refined. The Federal-style home opens to a stunning foyer featuring 12 ft. soaring ceilings and an elegant handcrafted stair case with original poplar steps and oak railing. Original 1” thick tongue-in-groove ash floors grace the interior which was fully renovated by Tallman Enterprises and includes: Primary-on-the-main with luxurious ensuite. The open and naturally lit chef’s kitchen. The home also features a spacious 28x21’ den with an impressive stone wood-burning fireplace, an attached 2.5 car garage including additional storage and new private driveway, separate walk-in guest house with complete kitchen and attached garage. GUEST HOUSE NOT INCLUDED IN SQUARE FOOTAGE. Ideally suited for multigeneration living or income-producing. A beach-entry L-shaped swimming pool compliments beautifully landscaped front, side and backyards which include fountains and a charming traditional English garden. This is an exceptional opportunity to purchase a grand estate property just one block from Main Street in one of Franklin’s most cherished locations. Proudly listed on the National Register of Historic Places, this is a signature residence in Historic Downtown Franklin. Welcome to the iconic Saunders-Marshall-Wright House.

Location

Subdivision Historic Downtown
Directions From the center of downtown Franklin at the round-about/statue, head south on 3rd Street (Murfreesboro Rd). Home is 2 blocks down on the right. You may park on the street or in the drive.

Interior Features

Interior Features Bookcases,Built-in Features,Extra Closets,High Ceilings,In-Law Floorplan
Fireplaces 7
Heating Natural Gas
Cooling Central Air
Flooring Wood,Tile
Appliances Electric Oven,Gas Range,Double Oven,Cooktop,Dishwasher,Disposal,Microwave,Refrigerator
Basement None,Crawl Space

Exterior & Property

3 Car Garage
Pool
Stories 2
Construction Materials Brick
Pool Features In Ground
Patio/Deck Features Patio
Fencing Back Yard
Sewer/Septic Public Sewer
Water Source Public

Schools

K-5
Elementary School
Franklin Elementary
6-8
Middle School
Freedom Middle School
9-12
High School
Franklin High School

Property Details

Property Type Residential
Property Sub Type Single Family Residence
Year Built 1805
Annual Taxes $12,617.00
Listing Office MERIT Real Estate Advisors
Listing Agent Sarah A. Kilgore
MLS Logo

MLS Information

Based on information submitted to the MLS GRID as of 2026-09-08T11:30:52+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.

Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Market Insights

Explore market data for Franklin and the Historic Downtown neighborhood

Franklin Market

City-wide statistics

Explore Franklin
968
Active Listings
$1,831,050.73
Avg Price
3,259
Avg Sq Ft
3.8
Avg Bedrooms

Historic Downtown

Neighborhood statistics

Explore Historic Downtown
1
Active Listings
$3,575,000.00
Avg Price
4,742
Avg Sq Ft
4.0
Avg Bedrooms

Price History

Recent price changes for this property

Jul 16, 2026
Price Decrease
$38,500.00 → $35,750.00
$2,750.00
Jun 16, 2026
Price Decrease
$42,500.00 → $38,500.00
$4,000.00

Property History

Timeline of listing events and status changes

Currently Listed

MLS# 3194229

Currently active listing

3 months ago • May 8, 2026

24 days on market

$3,575,000.00

Originally: $4,250,000.00