A 727-acre estate in Franklin just sold for $35 million, instantly landing among the largest private-property deals ever recorded in Tennessee. Centered at 998 Dickinson Lane, the sprawling tract comes with riverfrontage, multiple outbuildings, and a main residence that was pitched as a rare country compound still within an easy drive of Nashville.
According to Realtor.com, the listing closed on March 13, 2026, for $35,000,000. Jones Properties is listed as representing the seller, while Parks Realty represented the buyer. The sale "tallies as the second-largest residential transaction in Tennessee history," as reported by the Nashville Business Journal.
Listing History And Property Details
Per Compass, the estate was marketed at $37.5 million under MLS number 2585614, with a recorded lot size of 727.0 acres and a parcel number tied to Williamson County assessor records. Public listing snapshots and price history on Zillow track the property’s movement into pending status earlier this year, ahead of the March closing.
Where The Sale Sits In State History
The $35 million price tag now sits just behind the sale of Twin Rivers Farm, which set the statewide residential record at $42.5 million in November 2024, according to reporting in the Nashville Tennessean. Together, that earlier record-setter and this latest megadeal highlight how rare, large-acreage parcels in Williamson County continue to command outsized sums.
What Brokers Say
Local agents note that buyers at this level are paying premiums for privacy, open land, and riverfrontage rather than just square footage. Dan McEwen, who handled the Twin Rivers Farm listing, told Streetz 99.3 (citing WKRN) that there is a distinct pool of buyers willing to pay for expansive, private holdings outside the urban core.
What Comes Next
County deed records will ultimately provide the formal public confirmation of the new ownership and any covenants or easements attached to the land. For now, the buyer has not shared any public plans. Listing materials and MLS notes point to multiple potential home sites and agricultural structures on the property, and both Realtor.com and the Compass listing remain the most detailed public snapshots of the estate’s scope and features.
