Waters Edge

Waters Edge is a new-construction community in Franklin, Tennessee, built out with single-family homes. If you're shopping Franklin and want a new build, Waters Edge is worth a close look. We tour Franklin's new-construction communities constantly, and we represent buyers here at little or no cost to you — so we can walk you through what's actually available right now and pull current pricing live, since new-construction numbers move with every phase and inventory release.

Builders and home styles at Waters Edge

Waters Edge is a single-family community. The specific builder or builders active in the community can change as phases open, close, and sell through, so we confirm who is building — and which floor plans, elevations, and inventory homes are currently offered — live before you tour. New-construction lineups in Franklin shift quickly, and the most reliable picture is the one we pull the day you're ready to look.

Because lot sizes, bed and bath counts, square footage, and standard home features aren't fixed across a community like this, treat any spec you see online as a starting point rather than a guarantee. When you tell us which plans interest you, we get the current details straight from the source so you're comparing accurate, up-to-date information.

Amenities and day-to-day living

Community amenities at Waters Edge should be confirmed live — what's planned, what's already built, and what's funded through the HOA can all differ from older listings or third-party write-ups. Rather than describe features we can't verify, we'll pull the current amenity list and any HOA-maintained common areas for you directly. If amenities matter to your decision, tell us what you're hoping for and we'll check exactly what the community offers today.

Location and commuting from Waters Edge

Waters Edge sits within Franklin, which puts you in southern Middle Tennessee with access to the I-65 corridor and the surrounding Williamson County road network. Commute times vary enormously by exactly where you're headed and what time you leave, so don't rely on a generic estimate. The best move is to clock it yourself: drive from the community to your actual workplace, school, or regular destinations at your real departure time on a normal weekday. We're happy to give you the community's exact location so you can run that test before you commit.

Who Waters Edge fits

Waters Edge tends to fit buyers who want a brand-new single-family home in Franklin. If you value the move-in-ready advantages of new construction — current building systems, builder warranties, and the chance to select finishes when inventory allows — and you want to be in Franklin specifically, it's a strong community to compare against your other Williamson County options. We can line it up side by side with similar communities so the trade-offs are clear, and pull current pricing on each so you're comparing accurate, up-to-date numbers.

What to verify before you buy here

• Current pricing — new-construction prices move with each phase and inventory release, so we pull live numbers for the specific homes and plans available before you decide.
• HOA dues and exactly what they cover — confirm the amount, the billing cadence, and which amenities, services, or common areas are included.
• Lot specifics — size, orientation, grading, and any premiums or restrictions tied to the individual homesite you're considering.
• Builder warranty and the included-versus-upgrade list — know precisely what's standard in the base price and what costs extra so there are no surprises at the design center.
• Construction timeline — current build status, estimated completion, and how the builder handles delays.
• The real commute — drive the route to your actual destinations at your normal departure time before you commit.

The builder: Goodall Homes

Waters Edge is built by Goodall Homes, part of the Clayton Properties Group family of builders. Aggregator and builder-site reporting shows Goodall Homes as the community's primary builder across its sections, with The New Home Group appearing frequently as the listing brokerage on Goodall's behalf (Goodall Homes community pages; Redfin and Jome community listings, accessed 2026). If you see other builder names floating around online for Waters Edge, treat that with caution — we'll confirm who's actively building and selling in the community before you tour, since builder lineups in phased communities can and do change.

Goodall Homes markets three distinct product lines within Waters Edge: single-family homes (marketed under names like the Vintage and Monroe collections), courtyard cottages on smaller, zero-lot-line-style homesites, and townhomes. That range is one of the things that sets Waters Edge apart from a single-product subdivision — a buyer looking for a lower-maintenance attached home and a buyer looking for a larger single-family house can both find a fit in the same community, at different price points.

One detail worth flagging before you fall for a floor plan: Waters Edge appears to run more than one HOA fee tier depending on which product you buy. Aggregator reporting describes a lower monthly due for single-family homesites (covering common areas only) and a meaningfully higher monthly due for the cottages and townhomes, which appears to include exterior maintenance on those attached and zero-lot-line products (aggregator market reporting compiled from listing data, accessed 2026). We are not going to publish a specific dollar figure here because HOA dues change and the exact amount depends on the section and product you're considering — get the current due, what it covers, and the master HOA's rules directly from the builder or the HOA management company before you write an offer.

Amenities inside the community

Waters Edge has a built-out amenity package rather than a bare-bones one. Builder and aggregator sources describe a resort-style pool (with a zero-entry area and splash pad), a residents' clubhouse with a fitness center, a picnic pavilion for social gatherings, playgrounds, and walking trails, with a future canoe launch planned to give residents direct access to the Harpeth River (Goodall Homes community materials; aggregator reporting, accessed 2026). As with anything under active build-out, which specific amenities are open today versus still under construction can change section by section — we'll confirm current status before your tour rather than assume a brochure is up to date.

The Pearl — a public park taking shape nearby

Separate from the community's private amenities, the City of Franklin has been building a large public park nearby: the Pearlene M. Bransford Complex, commonly called "The Pearl," at 3452 Carothers Parkway in southeast Franklin. City and local-news reporting describes a roughly 233-acre site with a March 2025 groundbreaking; Phase One is reported to include football and lacrosse fields, an inclusive playground called Ellie G's Dream World, an ADA-accessible riverwalk along the Harpeth River, and public restrooms, with later phases planned to add pickleball, basketball, and sand volleyball courts and a water-sustainability facility (City of Franklin capital-projects materials; local real-estate and news coverage, 2025). The park is specifically called out as serving the Waters Edge, Falcon Creek, Ladd Park, Echelon, and Lockwood Glen neighborhoods. We can't tell you what a nearby park does to any home's value — nobody can predict that — but if walkable green space and river access matter to your decision, it's a real, verifiable project worth confirming the current construction timeline on directly with the city before you count on it being finished by any particular date.

Location, commute, and schools

Waters Edge sits in southeast Franklin off South Carothers Parkway near TN-96, in the 37064 zip code (Goodall Homes community materials; aggregator reporting, accessed 2026). As reference points only, not a promise of your actual drive time, aggregator sources commonly cite the Cool Springs retail and office corridor as roughly a 5-minute drive, historic downtown Franklin as roughly 15 minutes, and downtown Nashville as roughly 30 minutes via I-65 under typical conditions. Those figures come from third-party aggregator estimates, not a live traffic study, and I-65 and Carothers Parkway both run very differently at 8 a.m. or 5 p.m. than at midday. Before you commit, drive the actual route from a specific address in Waters Edge to your actual workplace, school, or regular destinations at the time of day you'd really be making that drive.

Waters Edge falls within Williamson County Schools. Aggregator sources list Trinity Elementary and Fred J. Page Middle and High School as the schools commonly associated with the community, but school zoning is assigned by specific address and can change, so we don't rely on secondhand zoning claims. Pull the current zoned schools for any specific home from the Williamson County Schools zoning tool, and check GreatSchools.org and the Tennessee Department of Education report card system for the factual, official data on any school you're evaluating — we're glad to help you find those tools, but we don't characterize school quality ourselves.

Pricing context — what's dated and sourced, not a prediction

As of a mid-2026 aggregator review of roughly 48 closed sales over the prior 12 months, reported pricing at Waters Edge ranged from about $517,000 to $1,055,000 across the community's three product types, with an overall reported median near $729,950 and a per-square-foot range of roughly $234 to $410 (aggregator MLS-sourced market reporting, accessed 2026). Broken out by product type, that same reporting put single-family homes in the roughly $650,000 to $1,055,000 range (about $1,000,000 median), cottages in the roughly $560,000 to $699,000 range (about $655,000 median), and townhomes in the roughly $517,000 to $720,000 range (about $575,000 median). These are historical, dated figures from closed sales — not current list prices, and not a forecast. New-construction pricing moves with every phase, incentive, and inventory release, and we cannot predict where prices go from here; we'll pull live builder pricing for you before you tour.

Investor and buyer due-diligence checklist for Waters Edge specifically

Frequently asked questions about Waters Edge

Who builds in Waters Edge, and is it sold out? Goodall Homes is the community's builder, offering single-family homes, courtyard cottages, and townhomes across multiple sections (Goodall Homes community materials, accessed 2026). Availability shifts section by section and month by month — some reporting has described portions of the community as sold out with new sections or phases following. We'll confirm the current builder lineup, active sections, and real-time availability directly with the builder before you make a trip, rather than rely on a snapshot that may already be outdated.

What's the HOA fee at Waters Edge, and what schools serve it? HOA dues depend on which product you buy — single-family, cottage, and townhome dues are reported at different levels because they cover different things (common areas only versus common areas plus exterior maintenance) — so we'll get you the current, exact figure for the specific home you're considering. On schools: the community falls within Williamson County Schools, with Trinity Elementary and Fred J. Page Middle/High commonly associated with the area; confirm the zoned schools for a specific address using the Williamson County Schools zoning tool, and check GreatSchools.org or the Tennessee Department of Education report card for factual data.

How far is Waters Edge from Nashville? Aggregator estimates commonly cite roughly 30 minutes to downtown Nashville via I-65 under typical conditions, with Cool Springs closer at roughly 5 minutes and historic downtown Franklin at roughly 15 minutes. These are reference estimates, not a promise — drive your actual route at your actual departure time before you rely on it.