Property Description

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!

Features

Swimming Pool:: In Ground
Heating System:: Central, Gas
Cooling System:: Central, Ceiling Fan(s), Dual System
Fireplace:: In Living Room, Masonry, Gas Starter
Fireplaces:: 1
Covered Parking Spaces:: 2
FOUNDATION:: Conventional, Partial Basement
PARKING/STORAGE:: Driveway/pad, Storage Room(s)

Address Map

Country:: US
State:: TN
County:: Shelby
City:: Memphis
Subdivision:: WILLIFORD PLACE & CRESTMERE PLACE
Zipcode:: 38112
Street:: CRESTMERE
Street Number:: 180
Street Suffix:: PL
Floor Number:: 0
Longitude:: W90° 1' 9.2''
Latitude:: N35° 8' 26.4''
Directions:: Go east on Poplar from East Parkway. Turn left onto Crestmere Place. The home is the second on the right.