Description
A rare Midtown Memphis estate in historic Lea’s Woods, pairs storybook Tudor character with modern luxury and income potential. The 4-bedroom, 2.5-bath main home features arched openings, coved ceilings, textured masonry, Juliet balconies, and light-filled spaces. A 2-bedroom, 1-bath guesthouse adds flexible space plus large lower-level storage that is plumbed, heated/cooled. The double lot feels like a private retreat with courtyard, gunite heated saltwater pool, bluestone decking, fountains, iron gates, and $15,000 in added backyard landscaping. Updates include roof 2021, main HVAC 2021, guesthouse HVAC 2023, main water heater 2025- $130,000+ in total improvements. Active short term rental with seller-stated 80% occupancy and $100K-$120K annual revenue. Furnishings and business software/platforms available for an additional fee. Fantastic location borders Overton Park and zoo; 5 min from Overton Square. Don't miss the high-ceilinged full third-floor attic and basement wine cellar!
Details
| MLS # | 10223362 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1934 |
| Days On Site | 78 |
| Listing Provided By | BHHS McLemore & Co. Realty | Shay Payne |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 2 Total |
| Garage | 2 |
| Pool | Yes |
| Story(s) | 2 |
| Acreage | 0.22 |
| Property View | Professionally Landscaped, Some T |
Interior
| Number Of Rooms | 8 |
|---|---|
| Cooling | Ceiling Fan(s), Central, Dual System |
| Heating | Central, Gas |
| Misc Interior | All Window Treatments, Permanent Attic Stairs, Cat/Dog Free House, Vent Hood/Exhaust Fan |
Exterior
| Roof | Composition Shingles |
|---|---|
| Security | Dead Bolt Lock(s) |
| Foundation | Conventional, Partial Basement |
| Lot Description | Professionally Landscaped, Some Trees, Wood Fenced |
Area Information
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38112 |
| Area | Overton Park |
| Subarea | 744I |
| Community Name | DEMUTH WHITE CRESTMERE PLACE |
| Listing VS Median (in DEMUTH WHITE CRESTMERE PLACE) | |
Price: $575,000 low | high Med: $0 On site: 78 low | high Med: | |
Market Activity 38112
Request a showing
Request a showing
Contact
Learn More About This Property
| State | TN |
|---|---|
| County | Shelby |
| City | Memphis |
| Zip Code | 38112 |
| Area | Overton Park |
| Subarea | 744I |
| Community Name | DEMUTH WHITE CRESTMERE PLACE |
| Listing VS Median (in DEMUTH WHITE CRESTMERE PLACE) | |
Price: $575,000 low | high Med: $0 On site: 78 low | high Med: | |
