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.
Single-familyProperty Type
1958Year Built
1.59 acresLot Size
$387Price/Sq.Ft.
Listed by Steven Koleno• Beycome Brokerage Realty, LLC
Contact: 8046565007
Bought with Tara Copps• The Ashton Real Estate Group of RE/MAX Advantage
Est. $2,329 per month, based on comparable rentals
Sale and tax history for 7120 Wallace Rd
Sale History
Tax History
Date
Event
Price
REALTRACS as Distributed by MLS Grid #3184001
Aug 22, 2026
Sold
$699,000
$387/sq ft
Jun 2, 2026
Pending
—
May 28, 2026
Price Changed
$699,000
$387/sq ft
Apr 28, 2026
Listed
$725,000
$401/sq ft
REALTRACS as Distributed by MLS Grid #2162108
Jul 28, 2020
Sold
$450,000
$249/sq ft
Jul 13, 2020
Pending
—
Jul 5, 2020
Price Changed
$450,000
$249/sq ft
Jul 3, 2020
Contingent
—
Jul 1, 2020
Relisted
—
Jun 21, 2020
Listed
$375,000
$208/sq ft
Jun 21, 2020
Listing Removed
—
+45
This 1958 stone cottage was totally renovated 1.5 yrs ago into a MODERN FARMHOUSE. The photos speak for themselves. Shiplap, farmhouse sink, Subzero fridge, Smeg gas oven. Covered porch that overlooks expansive backyard w/ lake view in the winter. Nestled on a 1.59 acre lot w/ mature trees, 246' of rd frontage. Extremely private. Hardi siding on the exterior. Metal roof. Large walk in closet in master, Huge laundry room. Workshop. Williamson Co just mins.from Franklin and Bellevue. A rare gem!
Public Records
Feb 21, 2017
Sold
$150,000
$83/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,831 (−4.6%)
$39,900 + $109,850
$149,750
2024
$2,969
$39,900 + $109,850
$149,750
2023
$2,969
$19,950 + $87,750
$107,700
2022
$2,969 (+46.6%)
$19,950 + $87,750
$107,700
2021
$2,025 (+79.7%)
$19,950 + $87,750
$107,700
2020
$1,127
$19,950 + $87,750
$107,700
2019
$1,127 (+87.5%)
$8,775 + $41,975
$50,750
2018
$601 (+1.0%)
$8,775 + $41,975
$50,750
2017
$595 (+1.4%)
$8,775 + $19,175
$27,950
2016
$587 (−35.8%)
$8,775 + $19,175
$27,950
2015
$915 (+12.7%)
$8,775 + $19,175
$27,950
2014
$812 (+28.1%)
2013
$634
Public record
Public record
Zoning
Beds
—
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
1.59 Acres
Year renovated
2010
Sq. Ft.
1,806
Year built
1958
Style
Single Family Residential
County
Williamson County
APN
023 04000 00001023
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 1, 2026.
RS40
Single Family Residential District
This district is designed to provide suitable areas for low density residential development characterized by an open appearance. Generally, the residential development will consist of one family dwellings and manufactured homes located on individual lots and accessory structures. This district also includes community facilities, public utilities, and open uses which serve specifically the residents of these districts, or which are benefited by an open residential environment without creating objectionable or undesirable influences upon residential developments. It is the intent of this ordinance that this district be located in areas where full urban services may not be available and may not be economically feasible to provide. It is the express purpose of this ordinance to exclude from this district, all buildings or other structures and uses having commercial characteristics, whether operated for profit or otherwise, except that conditional uses and home occupations specifically provided by these regulations for this district shall be considered as not having such characteristics if they otherwise conform to the provisions of this ordinance.
Permitted uses
Include but are not limited to:
Housing-Single unit
Infrastructure
Public service
Fire house
Police station
Housing-Mobile home park
Park & open space
Property details
Parking
Parking Information
Covered Spaces: 0
Parking Total: 0
Interior
Bedroom Information
# of Bedrooms: 3
# of Bedrooms Main: 3
Bathroom Information
# of Full Baths (Total): 2
Basement Information
Basement Features: Crawl Space
Heating & Cooling
Has Heating
Heating Information: Electric, Heat Pump
Has Cooling
Cooling Information: Central Air, Electric
Interior Features
Interior Features: Air Filter, Ceiling Fan(s), Open Floorplan, Smart Thermostat, Walk-in Closet(s)
Appliances: Gas Oven, Gas Range, Dishwasher, Disposal, Dryer
Flooring: Wood, Tile
Exterior
Building Information
Construction Materials: Hardboard Siding, Stone
Exterior Features
Exterior Features: Smart Lock(s)
Property Information
Other Equipment: Air Purifier
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area: 1,806
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Other
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Other
Lot Information
Lot Size Area: 1.59
Lot Size Units: Acres
Lot Size Acres: 1.59
Lot Size Source: Owner
Financial
Tax Information
Tax Annual Amount: $1,502
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Available, Water Available
Location
School Information
Elementary School: Westwood Elementary School
Middle Or Junior High School: Fairview Middle School
High School: Fairview High School
Location Information
Directions: Drive northeast on Fairview Bld/TN 100. Continue on Fairview Bld. Right to Wallace Road. Property is on the right.
Community Information
Pets Allowed: Yes
Public facts
Beds: —
Baths: 2.0
Sq. Ft.: 1,806
Stories: 1.0
Lot Size: 1.59 acres
Style: Single Family Residential
Year Built: 1958
Year Renovated: 2010
County: Williamson County
APN: 023 04000 00001023
Home facts updated by county records on Sep 1, 2026
Other
Home Information
Living Area: 1806
Living Area Units: Square Feet
Living Area Source: Other
Building Area Total: 1806
Building Area Units: Square Feet
Building Area Source: Other
Foundation Details: Block
Year Built Details: Renovated
Levels: One
Around this home
Schools
Westwood Elementary School
Public PreK-5 • Assigned • 2.3mi
7/10
Fairview Middle School
Public 6-8 • Assigned • 4.1mi
8/10
Fairview High School
Public 9-12 • Assigned • 4.3mi
8/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 107° expected this year, 19 days in 30 years
4/10 Wind Factor
10% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Fairview, TN • 37062
Average low and high temperatures (°F)
45
25
54
34
69
46
76
53
76
58
85
67
90
72
87
66
83
62
74
51
63
44
52
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.3 hours in
June and 4.2 hours in December, placing it below the
U.S. average for solar exposure.
9.3 hrs
4.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$646,000 – $782,000
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