For Sale

Listed by Sam Miller and Steve Miller

Source: Middle Tennessee Regional MLS #3122469

308 Everbright Ave, Franklin, TN, 37064

$3,500,000

5
5
4754 sq. ft.
0.42 ac.

SingleFam

30+ days on the market

What's around 308 Everbright Ave

About this property

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.

Looking for more information on 308 Everbright Ave?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties for sale nearby

For Sale
$1,425,000
5632 Winslet Drive
Franklin TN 37064
5
5
6
Single-Family
Listing courtesy of John Jones Real Estate LLC
For Sale
$5,750,000
501 Bonaire Lane
Franklin TN 37064
5
7
2
Single-Family
Listing courtesy of Onward Real Estate
For Sale
$1,059,900
2401 Nolan Drive
Thompson's Station TN 37064
5
5
4
Single-Family
Listing courtesy of Celebration Homes

Other properties for sale by Compass RE

For Sale
$335,000
403/6820 Highway 70 S
Nashville-Davidson metropolitan government (balance) TN 37221
2
2
3
Condo
Listing courtesy of Compass RE
For Sale
$1,050,000
3029 Lilybelle Ct
Williamson County TN 37014
5
4
3
Single-Family
Listing courtesy of Compass RE
For Sale
$515,000
1512 Meridian St
Nashville-Davidson metropolitan government (balance) TN 37207
2
2
Single-Family
Listing courtesy of Compass RE

Browse properties sold in nearby areas

Based on information submitted to the MLS GRID as of 9 Feb 2026. 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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent