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Land with Home for Sale in Fairview, Tennessee

7120 Wallace Rd, Fairview, TN 37062

$725,000
1.59 acres
Active sale
ago
Est $3,603/mo

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.

1,806
Sq feet
3
Beds
2
Full baths
1958
Built

Location

Street address
7120 Wallace Rd
Elevation
852 feet
Coordinates
35.9917, -87.0855

Directions

Drive northeast on Fairview Bld/TN 100. Continue on Fairview Bld. Right to Wallace Road. Property is on the right.

Property details

Acreage
1.59 acres
MLS #
REALTRACS 3184001
Posted

Property taxes

Recent
$1,502

Parcels

  • 094023 04000 00001023

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Financing
Conventional, FHA, VA
Possession
Negotiable

Lot

Size Source
Owner

Exterior

Features
Smart Lock(s)

Structure

Stories
1
Basement
Crawl Space
Water
Public
Sewer
Public Sewer
Heating
Electric, Heat Pump
Cooling
Central Air
Materials
Hardboard Siding, Stone
Foundation
Block

Interior

Flooring
Tile, Wood
Appliances
Dishwasher, Disposal, Dryer, Gas Oven, Gas Range
Equipment
Air Purifier
Features
Air Filter, Ceiling Fan(s), Open Floorplan, Smart Thermostat, Walk-In Closet(s)

Property utilities

CategoryTypeStatus
PowerGridAvailable
SewageSewerConnected
WaterPublicAvailable

Nearby schools

NameType
Westwood Elementary SchoolElementary
Fairview Middle SchoolMiddle
Fairview High SchoolHigh

Listing history

DateEventPriceChangeSource
Apr 29, 2026New listing$725,000REALTRACS
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This 1.59-acre property is located at 7120 Wallace Rd in Fairview, TN 37062. The property is available for sale for $725,000. It has a 1,806 sq ft 3 bedroom, 2 bath house built in 1958.

Checked 2 hours ago — Updated

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Realtracs

Based on information submitted to the MLS GRID as of Apr 30, 2026 9:00 am MT. 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. Some IDX listings have been excluded from this website. View more

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