About This Home
This 4-bedroom, 3-bathroom single family at 180 CRESTMERE Pl in Memphis, TN is listed for $559,000 ($224 per sqft). Built in 1934, the home offers 2,494 sqft of living space on a 0.22 acres lot.
Key Features
- Built in 1934
- 0.22 acre lot
- 2 stories
- Fireplace
Property Details
Amenities
Distinctive Midtown estate featuring a 4BR/2.5BA main home, detached 2BR/1BA guesthouse (6 total BR-3.5 BA), and renovated heated saltwater pool-all arranged around a private courtyard- located in historic Lea's Woods, pairing storybook Tudor character with modern luxury and income potential/multigenerational living.
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!
Monthly Cost Estimate
$2,990/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
180 CRESTMERE Pl
Memphis, TN 38112
WILLIFORD PLACE & CRESTMERE PLACE
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Outdoor Features
Parking
Heating
Cooling
Questions & Answers
This 4-bedroom, 3-bathroom single family at 180 CRESTMERE Pl is listed at $559,000 ($224/sqft). The estimated monthly payment is $2,990 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1934, 0.22 acre lot, 2 stories, Fireplace. Interior Features: All Window Treatments, Cat/Dog Free House, Permanent Attic Stairs. Exterior Features: Auto Lawn Sprinkler, Courtyard, Garage Apartment.
This property is listed by Shay Payne and can be reached at 9016492024.
