About This Home

This 4-bedroom, 5-bathroom single family at 123 FOUNDERS Ln in Memphis, TN is listed for $1,289,900 ($244 per sqft). Built in 1998, the home offers 5,289 sqft of living space on a 0.20 acres lot.

Key Features

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

Property Details

2 stories
4 full, 1 half
2-car garage
1998

Amenities

FireplaceWaterfrontHardwoodA/C
Listing Description

5.99% owner financing available-please inquire! Private gated downtown living with breathtaking river & bridge views! Around $600,000 renovation over the past 3 years, this stunning 3 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 3br + 2 multi generational in law wings. 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, wine room, & lower-level kitchen.

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. Square footage exceeds city tax records-5289 sqft according to seller. Luxury, flexibility, & View! See virtual tour!

Monthly Cost Estimate

$8,399/mo

20% down · 6.5% · 30 years

Principal$933
Interest$5,590
Insurance$376
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

HardwoodTile9 or more ft. ceilingSmooth ceilingVinyl

Outdoor Features

DeckPorch

Parking

OpenGarage

Heating

Central

Cooling

Central Air

Questions & Answers

This 4-bedroom, 5-bathroom single family at 123 FOUNDERS Ln is listed at $1,289,900 ($244/sqft). The estimated monthly payment is $8,398 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

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.

TT

Tim Tanner

Agent at Crye Leike, Inc.

Listed by Crye Leike, Inc. · Broker phone: (901) 756-8900 · View on Broker Site · Broker website

MLS# 10221414· Source: Memphis Area Association of Realtors®· 169 days on PropertySimple

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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