# 123 FOUNDERS Ln, Memphis, TN 38103

> **TL;DR:** 4bd/5ba single family, $1,299,900 ($246/sqft), built 1998, 5,289 sqft.
> Fireplace, Waterfront, Hardwood, A/C. Est. $7,133/mo. Listed 20 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,299,900 |
| Price/sqft | $246 |
| Bedrooms | 4 |
| Bathrooms | 4 full, 1 half |
| Square Feet | 5,289 |
| Year Built | 1998 |
| Lot Size | 8,712 sqft (0.20 acres) |
| Stories | 2 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 20 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,633 |
| HOA | $1,500 |
| **Total** | **$7,133** |

## Key Amenities

- Fireplace
- Waterfront
- Hardwood
- A/C

## Property Highlights

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

## Description

### 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!

## Location

- **Address:** 123 FOUNDERS Ln, Memphis, TN 38103
- **County:** Shelby
- **Neighborhood:** FOUNDERS POINTE P D PHASE 1 PARCEL 1
- **Coordinates:** 35.127574, -90.070217
- **Google Maps:** https://www.google.com/maps?q=35.127574,-90.070217

## Virtual Tour & Media

- **Video Tour:** https://www.youtube.com/watch?v=smtTsjWV6tU

## Listing Agent

- **Name:** Tim Tanner
- **Brokerage:** Crye-Leike, Inc., REALTORS
- **Phone:** 9013407556
- **Email:** tim@timtanner.com

## Primary Photo

![123 FOUNDERS Ln - Primary Photo](http://lh.rdcpix.com/d6de75c486cae993fcde678e60892730l-f4135818486r.jpg)

*40 total photos available on [listing page](https://www.propertysimple.com/listing/123-founders-ln-memphis-tn-38103-10221414)*

---

**MLS#:** 10221414 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/123-founders-ln-memphis-tn-38103-10221414)

---

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