Price Cuts on These Modern Listings

We haven't seen many price reductions in the past few years, but as the market shifts toward balance between buyers and sellers, we are starting to see price corrections on a few listings. Here are the ones I think are worth a visit.

Full of Potential

This unusual home has a great layout and could be a unique showplace. Here’s a brief video tour of the vaulted living room.

307 Meadowgrove Lane, Memphis TN 38120

Listing ID10123532
5 Bedrooms
5.2 Total Baths
0.76 Acres

$850,000 (Reduced $148,000)

Listing remarks: "This custom one owner home is unbelievable...discreetly situated on a beautiful .76 lot on one of the prettiest streets! Designed by local Memphis Architect, Wells Awsumb, described it as "contemporary English design w/a country theme of informality". Rooms are large & inviting & filled w/windows overlooking views of Patio & Yd. HWD & Slate Floors, incredible Woodwork, 2 Fireplaces, Wet Bar & lots of Built in Cabinets. This special property is waiting on a new owner to bring it back to life!"

Totally Renovated

1115 Kings Park Dr, Memphis TN 38117

Listing ID10130486
3 Bedrooms
2 Total Baths
0.34 Acres

$375,000 (Reduced $15,000)

Listing Remarks: "COMPLETELY UPDATED BY A BELOVED LOCAL INTERIOR DESIGNER!! This 3 BR/ 2 BTH home has all the latest "Magazine Worthy" Style and Charm. Professionally Renovated Bath with so much character! NEW IMPROVEMENTS in 2021: French Drains, Installed Security Cameras, New Energy-saving HVAC, New Tankless Hot Water Heater, New Exterior Paint, New Kitchen Floor Tile, Fr. Patio Drs. open to to the New spacious Covered Deck. Bonus Area off of Dining Room is perfect for a small Office/Playroom!"

Hollywood Glamour

The spectacular bathrooms alone will make you feel like a 1950s movie star.

2929 Central Ave, Memphis TN 38111

Listing ID10123581
4 Bedrooms
4.1 Total Baths
1.62 Acres

$1,595,000 (Reduced $130,000)

Listing Remarks: "For the first time since built in 1949 this one-of-a-kind 1.62 acre family estate is being offered for sale. Bordering the beautiful Chickasaw Gardens neighborhood inside the private gates of Tara Lane this mid-century masterpiece was designed for entertaining with many features including separate formal dining room & large open living areas with floor-to-ceiling windows overlooking its large patio, lush park-like grounds, pool, & pool house with a wet bar & grill & 2 additional full baths."

Warm and Colorful

With the green bungalow-style kitchen and warm paneled den, this cutie is Instagram-ready and priced to sell.

1104 W. Perkins Rd, Memphis TN 38117

Listing ID10129473
2 Bedrooms
1 Total Baths
0.25 Acres

$268,000 (Reduced $7,000)

Listing Remarks: "Seller to lease house back until Jan 2023, for the amount of $1100/mo. after closing. Let buyer know prior to viewing. Upgraded and unique Ranch style with renovations including kitchen, bathroom & laundry. New interior paint, new front and carport doors & hardware throughout, widened driveway, fenced backyard, Ring system cameras, Nest thermostat, Fire pit for entertaining, added interior storage, new insulation, new ceiling fans in bedrooms & den. Shed includes power for workshop."

Collierville Ranch

329 Florencewood Dr, Collierville TN 38017

Listing ID10130419
4 Bedrooms
2 Total Baths
0.30 Acres

$339,000 (Reduced $10,000)

Listing Remarks: "Seller is having all the rotten wood replaced and all exterior wood painted this weekend! Cozy traditional home in sought out Collierville neighborhood on a large corner lot. Fridge, washer and dryer will remain with property. New roof 2016, New hot water 2016, new flooring 2016, new custom kitchen cabinets and granite in 2016. Plumbing was upgraded in 2016 from copper to pex lines. Windows replaced 2010. Close to Collierville Elementary, Middle and High School."