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About This Home

This 4-bedroom, 5-bathroom single family at 123 FOUNDERS Ln in Memphis, TN is listed for $1,299,900 ($246 per sqft). Built in 1998, the home offers 5,289 sqft of living space on a 0.20 acres lot.

Agent Description

Private, gated downtown living with breathtaking river & bridge views! About a $600,000 renovation over the past 3 years, this stunning three-story residence offers refined finishes & exceptional indoor-outdoor spaces. Currently configured as a 3-bedroom home, it can easily function up to 5 bedrooms - or a 3 bedroom main home with 2 private apartments.

The chef's dream kitchen is complemented by lux marble, Wolf /Thermador appliances, & custom cabinets. If that wasn't enough, there's also a scullery, catering kitchen, temperature-controlled wine room, & lower-level kitchen. Custom folding doors open the screened porch to the main living area for seamless entertaining.

White Oak wide plank floors throughout are sure to impress, & the upper balcony is perfect for sunset views. The fabulous riverfront primary suite features a private coffee bar & an ultra-lux spa bath. Garage parking for up to 4 cars. Square footage exceeds city tax records. Luxury, flexibility, & View! See virtual tour!

Key Features

  • Built in 1998
  • 0.20 acre lot
  • 2 stories
  • Fireplace
  • Waterfront

Property Details

2 stories
4 full, 1 half
1998

Amenities

FireplaceWaterfrontHardwoodA/C

Monthly Cost Estimate

$8,452/mo

20% down · 6.5% · 30 years

Principal$940
Interest$5,633
Insurance$379
HOA$1,500

Estimates only. Actual payments may vary.

Location

123 FOUNDERS Ln

Memphis, TN 38103

FOUNDERS POINTE P D PHASE 1 PARCEL 1

Features & Amenities

Interior Features

All Window TreatmentsAttic AccessSecurity SystemVent Hood/Exhaust FanWalk-In Closet(s)Wet Bar

Exterior Features

Screen PorchDeckBalcony

Property Details

Flooring

TileSmooth ceilingHardwoodVinyl9 or more ft. ceiling

Pool Features

PorchDeck

Parking

OpenGarage

Heating

Central

Cooling

Central Air

Questions & Answers

This 4-bedroom, 5-bathroom single family at 123 FOUNDERS Ln is listed at $1,299,900 ($246/sqft). The estimated monthly payment is $7,133 based on 20% down at 6.5% interest.

HOA fees are $1500/month.

Key features include: Built in 1998, 0.20 acre lot, 2 stories, Fireplace, Waterfront. Interior Features: All Window Treatments, Attic Access, Security System. Exterior Features: Screen Porch, Deck, Balcony.

This property is listed by Tim Tanner and can be reached at 9013407556 or tim@timtanner.com.

TT

Tim Tanner

Agent at Crye-Leike, Inc., REALTORS

(901) 340-7556

Listed by Crye-Leike, Inc., REALTORS · View on Broker Site

MLS# 10221414· Source: listhub· Updated 20 days ago

Copyright © 2026 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

123 FOUNDERS Ln, Memphis, TN 38103

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