123 Founders Ln, Memphis, TN 38103

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,294,900
Status
ACTIVE
MLS#
10221414
Price Change
▼ $4,800 1784250905
Bedrooms
4
Bathrooms
4.1
Lot Size
73X125

Property Description

New Price! 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 a 3 bedroom main home with 2 private apartments. 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, temperature-controlled 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!

Additional Information

Acres
0.20
Annual Association Fee
1500
Annual City Tax
6608
Annual County Tax
6887
Bedrooms Downstairs
1
Bedroom Three Description
Level 2, Shared Bath, Smooth Ceiling, Hardwood Floor
Bedroom Two Description
Level 2, Walk-In Closet, Shared Bath, Smooth Ceiling, Hardwood Floor
Cooling
Central
Exterior
Screen Porch, Deck, Balcony
Exterior Windows
Brick Veneer, Other (See Remarks)
Fireplace
In Living Room, In Primary Bedroom, In Other Room
Fireplaces
3
Floors Ceilings
Part Hardwood, Tile, Vinyl/Luxury Vinyl Floor, Smooth Ceiling, 9 or more Ft. Ceiling, Other (See REMARKS)
Foundation
Conventional
Heating
Central
Interior Equipment
Range/Oven, Double Oven, Gas Cooking, Disposal, Dishwasher, Microwave, Refrigerator, Separate Ice Maker
Legal Subdivision
Founders Pointe P D Phase 1 Parcel 1
Living Dining Kitchen
Great Room, LR/DR Combination, Updated/Renovated Kitchen, Eat-In Kitchen, Breakfast Bar, Pantry, Island In Kitchen
Lot
15
Lot Description
Some Trees, Water Frontage, Water View, Cove, Professionally Landscaped
Lot Size
73X125
Misc Interior
All Window Treatments, Wet Bar, Walk-In Closet(s), Attic Access, Security System, Vent Hood/Exhaust Fan
Neighborhood Amenities
Gated Neighborhood
New Financing
Conventional
Office Description
Level 2, Smooth Ceiling, Hardwood Floor
Office Dimensions
16x9
Other Rooms
Laundry Room, Bonus Room, Internal Expansion Area, In-Law Quarters, 2nd Kitchen, Finished Basement, Entry Hall, Scullery
Parking Storage
Garage Door Opener(s), Side-Load Garage, Other (See REMARKS)
Roof
Composition Shingles
Stories
2
Style
Traditional, Soft Contemporary
Subdivision
FOUNDERS POINTE PH1
Subtype
Detached Single Family
Water Sewer
Public Water, Public Sewer
Year Built
1998

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Crye-Leike, Inc., REALTORS.

Some or all of the listings displayed may not belong to the firm whose website is being visited

Copyright© 2026 Memphis Area Association of REALTORS®. 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 web site is being visited.