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5300 Hwy 31W
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5300 Hwy 31W

$2,100,000 $296/sqft For Sale

5300 Hwy 31W
Portland, TN 37148

4 Beds, 7/1 Baths, 7088 SqFt, 19.500 Acres

Still Accepting Offers

The owner has accepted a contract for this property.  However, the contract may allow the prospective buyer to back-out of the contract if certain contingencies are not met.  For example, the buyer may not be able to follow through with the purchase if the property does not pass inspection, the buyer cannot sell their current home, or financing cannot be secured.

Therefore, the current owner is still asking for and accepting offers.   In certain situations, the current owner may be able to cancel their existing contract should another offer be made. 

Please contact the listing agent to learn more.

Not Available For Showing

This property is not currently being shown and cannot be shown until (subject to change). This does not prevent the submittal and/or acceptance of offers to purchase without viewing the property.

Showing a listing while is in violation of MLS Rule 2.10.

Seller Concessions Offered

Seller concessions can be used for closing costs, repairs, buyer broker fees, and/or other expenses. They cannot be exclusively tied, limited to or conditioned for payment of buyer broker fees. It is critical to note:

  1. The Seller Concessions Offered field is intended to convey a seller’s willingness to offer money to prospective buyers for out-of-pocket expenses.
  2. Concessions are non-binding and are NOT guaranteed
  3. Requests for concessions should be submitted with the Offer to Purchase.

Directions: I-65 N to Exit #117. Right on Hwy 52. Right on Hwy 31W. Follow to property on the Left.

$2,100,000 $296/sqft For Sale

5300 Hwy 31W
Portland, TN 37148

4 Beds, 7/1 Baths, 7088 SqFt, 19.500 Acres

Still Accepting Offers

The owner has accepted a contract for this property.  However, the contract may allow the prospective buyer to back-out of the contract if certain contingencies are not met.  For example, the buyer may not be able to follow through with the purchase if the property does not pass inspection, the buyer cannot sell their current home, or financing cannot be secured.

Therefore, the current owner is still asking for and accepting offers.   In certain situations, the current owner may be able to cancel their existing contract should another offer be made. 

Please contact the listing agent to learn more.

Not Available For Showing

This property is not currently being shown and cannot be shown until (subject to change). This does not prevent the submittal and/or acceptance of offers to purchase without viewing the property.

Showing a listing while is in violation of MLS Rule 2.10.

Seller Concessions Offered

Seller concessions can be used for closing costs, repairs, buyer broker fees, and/or other expenses. They cannot be exclusively tied, limited to or conditioned for payment of buyer broker fees. It is critical to note:

  1. The Seller Concessions Offered field is intended to convey a seller’s willingness to offer money to prospective buyers for out-of-pocket expenses.
  2. Concessions are non-binding and are NOT guaranteed
  3. Requests for concessions should be submitted with the Offer to Purchase.
  • MLS
    2637371
  • Status
    Active
  • Year Built
    1985 Approximate
  • County
    Sumner County, TN
  • Subdivision
    -
  • Class - Type
    Residential - Site Built
  • Annual Taxes
    $3,884 | 035 028.00
  • Days On Market
    204
  • Source
    Realtracs
Open Houses and Livestreams


Public Remarks: WELCOME TO WALNUT RIDGE! 19.5 acre estate with gated entry, 7000+square foot main residence boasting 4 bedrooms (currently being used as 6) and 6 baths, office and exercise room, game room. 2 bedroom guest house. 1 bedroom pool house, storm room/workshop. 2 barns, gazebo, covered bridge, 3 stall barn with tack room, electricity, water. 2 fenced paddocks, wash bay and drain in garage, home office, exercise room, formal dining, formal living. Deluxe owner's suite! Fabulous listing! Investors, developers, family living! Priced right! See Feature Sheet!

Directions: I-65 N to Exit #117. Right on Hwy 52. Right on Hwy 31W. Follow to property on the Left.

Rooms and Dimensions

  • Living Room 17x14 / Formal
  • Kitchen 26x13 / Eat-In
  • Primary Bath Shower Tub Separate / Suite
  • Bed 1 29x18
  • Bed 2 21x16
  • Bed 3 22x15 / Bath
  • Bed 4 14x13 / Bath
  • Dining Room 14x14 / Formal
  • Den 19x15
  • Rec Room 24x21 / Main Level
  • Hobby Room 20x11 / Other
  • Additional Room 1 13x12 / Exercise Room
  • Additional Room 2 16x11 / Library
  • Living Room 17x14 / Formal
  • Kitchen 26x13 / Eat-In
  • Primary Bath Shower Tub Separate / Suite
  • Bed 1 29x18
  • Bed 2 21x16
  • Bed 3 22x15 / Bath
  • Bed 4 14x13 / Bath
  • Dining Room 14x14 / Formal
  • Den 19x15
  • Rec Room 24x21 / Main Level
  • Hobby Room 20x11 / Other
  • Additional Room 1 13x12 / Exercise Room
  • Additional Room 2 16x11 / Library
Room Totals and Square Footage

Main Floor 1 Bed 2 FB 0 HB 3,404 SqFt
2nd Floor 3 Beds 4 FB 3,184 SqFt
3rd Floor 1 FB 500 SqFt
Basement 1 HB
TOTAL 4 Beds 7 Full Bath 1 Half Bath 7,088 SqFt / Other
Guesthouse 2 Beds 1 FB 1,440 SqFt
Lot

  • Acres 19.5 / Tax Record
  • Fence Full Yard Fence
  • Lot Features Level
  • Mailbox Mailbox
  • Pool In-Ground Pool
  • View Brow / Valley
  • Waterfront Features Pond
  • Acres 19.5 / Tax Record
  • Fence Full Yard Fence
  • Lot Features Level
  • Mailbox Mailbox
  • Pool In-Ground Pool
  • View Brow / Valley
  • Waterfront Features Pond
Structure

  • Basement Partial / Other
  • Construction Vinyl Siding
  • Fireplaces 2 / Den
  • Floors Carpet, Finished Wood, Marble, Tile
  • Parking (Garage) 5 / Attached - SIDE
  • Parking (Open) 4 / Asphalt
  • Patio & Porch Covered Patio, Deck, Patio
  • Roof Composition Shingle
  • Stories 2
  • Style Colonial
  • Basement Partial / Other
  • Construction Vinyl Siding
  • Fireplaces 2 / Den
  • Floors Carpet, Finished Wood, Marble, Tile
  • Parking (Garage) 5 / Attached - SIDE
  • Parking (Open) 4 / Asphalt
  • Patio & Porch Covered Patio, Deck, Patio
  • Roof Composition Shingle
  • Stories 2
  • Style Colonial
Utilities and Appliances

  • Water & Sewer City Water / Septic Tank
  • Heating & Cooling Dual Heat, Natural Gas, Electric, Central Air Cooling
  • Oven & Range Electric Built-in Oven, Electric Cooktop Range
  • Other Appliances Dishwasher, Disposal, Microwave
  • Cable & Internet Cable TV
Features

  • Interior Features Ceiling Fan, Extra Closets, Storage, Walk-In Closets, Wet Bar, Entry Foyer
  • Exterior Features Barn, Garage Door Opener, Guest House, Storm Shelter, Balcony
  • Energy Features Attic Fan, Storm Doors, Storm Windows
Community

  • Association No HOA
Schools

  • Elementary Portland Gateview Elementary School
  • Middle Portland West Middle School
  • High Portland High School
Agent and Office

Contract Info

  • Listing Detail Exclusive Right To Sell / Standard
  • List Date 4/1/24
  • Original List Price $2,500,000
  • Listing Detail Exclusive Right To Sell / Standard
  • List Date 4/1/24
  • Original List Price $2,500,000
Documents and Links

Property History ReportHistory

5300 Hwy 31WPortland, TN 37148
DateEventPriceDOM
08/29/2024 Price: -$400,000 08/29/2024 (DOM: 58) $2,100,000 5807/01/2024 Active 07/01/2024 (DOM: 0) $2,500,000 004/01/2024 ComingSoon/Hold 04/01/2024 (DOM: 0) 0
08/29/2024 Price: -$400,000 08/29/2024 (DOM: 58) $2,100,000 5807/01/2024 Active 07/01/2024 (DOM: 0) $2,500,000 004/01/2024 ComingSoon/Hold 04/01/2024 (DOM: 0) 0
Financial Calculators

Mortgage
Amortization
Principal & Interest
$10,040.07
Property Tax
$323.67
Home Insurance
$83.34
HOA
$0.00
$10,447
MONTHLY
Apply Now
$
$
%
$
$
$

Information believed to be accurate but not guaranteed. Buyers should
independently verify all information prior to submitting any offer to purchase.

Report Date: 1/21/25

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Seller Concessions Offered

Seller concessions can be used for closing costs, repairs, buyer broker fees, and/or other expenses. They cannot be exclusively tied, limited to or conditioned for payment of buyer broker fees. It is critical to note:

  1. The Seller Concessions Offered field is intended to convey a seller’s willingness to offer money to prospective buyers for out-of-pocket expenses.
  2. Concessions are non-binding and are NOT guaranteed
  3. Requests for concessions should be submitted with the Offer to Purchase.
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Listing Agent GWEN DOWLAND
RE/MAX Choice Properties
53/500
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