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- Property Details
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$1,289,900
Monthly Est:$6,420
4 Beds
5 Baths4 full baths + 1 half bath
5,289sqft
123 Founders Ln, Memphis, TN 38103
$1,289,900
$6,420/moEst:
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Single Family Residence
Built in 1998
$-- HOA
8,712 sqft lot
$244/sq.ft
Description
Possible owner financing or rate buy down! 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. 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. Square footage exceeds city tax records-5289 sqft according to seller. Luxury, flexibility, & View! See virtual tour!
- Houzeo last checked: 7 minutes ago
- Listing updated: October 6, 2026 at 1:54 pm
- Listing Provided by: Tim Tanner (901) 340-7556 | Crye-Leike, Inc., REALTORS (901) 754-0800
- Source: Memphis MLS (MAARMLS)-TN | MLS#: 10221414
Property Details
Status
Active
Type
Single Family Residence
No. of Stories
2
County
City
Neighborhood
--
Year Built
1998
HOA Fees
-
Finished Area
5,289 sqft
Lot Size
8,712 sqft lot
Basement Area
- sqft
MLS Name
Memphis MLS (MAARMLS)
MLS Number
10221414
MLS Status
Active
Days on Market
149
Cumulative Days on Market
147
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Location
HOA Management
N/A
HOA Fees
$1,500/
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 5
Interior
Sewer
Public Sewer, Public Water
Exterior Features
Screen Porch, Deck, Balcony
Interior Features
All Window Treatments, Wet Bar, Walk In Closet(s), Attic Access, Security System, Vent Hood/exhaust Fan, Living Room, Den/great Room, Kitchen, 1 1/2 Bath, Laundry Room, Other (see Remarks), Great Room, Lr/dr Combination, Updated/renovated Kitchen, Eat In Kitchen, Breakfast Bar, Pantry, Island In Kitchen, 2 Or More Baths, 2nd Bedroom, 3rd Bedroom, Media Room, Office, Primary Bedroom, 1 Or More Br Down, Primary Up, Renovated Bathroom, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down
Flooring
Part Hardwood, Tile, Vinyl/luxury Vinyl Floor, Smooth Ceiling, 9 Or More Ft. Ceiling, Other (see Remarks)
Cooling
Central
Heating
Central
Appliances
Range/oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Separate Ice Maker
Construction
Year Built
Year Built: 1998
Home type
Single Family Residence
Foundation Details
Conventional
Architectural Style
Soft Contemporary, Traditional
Roof
Composition Shingles
Construction Materials
Brick Veneer, Other (see Remarks)
Utilities & Energy
Security Features
Burglar Alarm
Fireplace Features
In Living Room, In Other Room, In Primary Bedroom
Pool Features
None
Parking Features
Garage Door Opener(s), Side Load Garage, Other (see Remarks)
Other Features
Lot Features
Cove, Professionally Landscaped, Some Trees, Water Frontage, Water View
Subdivision Name
Founders Pointe Ph1
Price History
| Date | Event | Price |
|---|---|---|
10/06/2026 Source: | Price Decreased | $1,289,900 -0.39% $244/sqft |
07/16/2026 Source: | Price Decreased | $1,294,900 -0.37% $245/sqft |
06/11/2026 Source: | Price Decreased | $1,299,700 -0.01% $246/sqft |
06/05/2026 Source: #10221414 | Price Decreased | $1,299,800 -0.01% $246/sqft |
05/29/2026 Source: | Listed for Sale | $1,299,900 -3.70% $246/sqft |
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Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Oct 09, 2026, 04:45AM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. © 2025 Memphis Area Association of REALTORS®. All Rights Reserved. Angela Fowler Real Estate, LLC | 423.320.4620 Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.