180 Crestmere Pl, Memphis, TN 38112

$575,000
4
BD
2.1
BA

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List Price
$575,000
Status
ACTIVE
Days on Market
53
MLS#
10223362
Style
English
Year Built
1934
Bedrooms
4
Bathrooms
2.1
Full Baths
2
Half Baths
1
Lot Size
60X121
Acres
0.22
Subdivision
DEMUTH WHITE CRESTMERE PLACE

Property Description

A rare Midtown Memphis estate in historic Lea’s Woods, pairs storybook Tudor character with modern luxury and income potential. The 4-bedroom, 2.5-bath main home features arched openings, coved ceilings, textured masonry, Juliet balconies, and light-filled spaces. A 2-bedroom, 1-bath guesthouse adds flexible space plus large lower-level storage that is plumbed, heated/cooled. 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 STR/Airbnb with seller-stated 70% 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!

Additional Information

Property Description
English
Heating
Central, Gas
Air Conditioning
Central, Ceiling Fan(s), Dual System
Exterior Features
Auto Lawn Sprinkler, Pool Cleaning Equipment, Pool Heater, Porch, Patio, Garage Apartment, Historic District, Courtyard, Well Landscaped Grounds, Wood Fence
Stories
2
Roof
Composition Shingles
Foundation
Conventional, Partial Basement
Pool
Yes
Pool Type
In Ground

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Listing courtesy of BHHS McLemore & Co. Realty.

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