5724 The Forest Gate Rd, Memphis, TN, 38120
About This Home
Exceptional, fully renovated traditional home tucked away on a quiet cove in the heart of East Memphis and situated on a gorgeous, professionally landscaped lot. This elegant residence offers 5 bedrooms, 4 full baths, and 2 half baths with timeless finishes and impeccable attention to detail. The thoughtfully designed floor plan features a stunning chef’s kitchen, keeping room, spacious playroom, versatile flex room, wet bar, and oversized laundry room. Five fireplaces add warmth and character throughout, while the patio with its own fireplace creates the perfect outdoor living space. Additional highlights include a circular driveway, electric gate, irrigation system, and 2-car garage. 5th BD currently used as an office, but could make a great nursery or 5th bedroom. A rare opportunity to own a move-in-ready home that seamlessly blends classic architecture with modern luxury.
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1965
Materials
- Roof: Composition Shingles
- Construction materials: Brick Veneer
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: 2+ Water Heaters,Gas Water Heater,Range/Oven,Self Cleaning Oven,Double Oven,Gas Cooktop,Disposal,Dishwasher,Microwave,Refrigerator,Washer,Dryer,Separate Ice Maker
- Laundry features: Laundry Room
Basement
- Basement: Crawl Space
Bedroom2
- Features: Hardwood Floor,Smooth Ceiling
- Level: First
- Area: 182
Bedroom3
- Features: Hardwood Floor,Private Full Bath,Smooth Ceiling,Walk-In Closet(s)
- Level: Second
- Area: 266
Bedroom4
- Features: Hardwood Floor,Private Full Bath,Smooth Ceiling,Walk-In Closet(s)
- Level: Second
- Area: 169
Bedroom5
- Features: Hardwood Floor,Private Full Bath,Smooth Ceiling,Walk-In Closet(s)
- Level: Second
- Area: 209
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 4
- 1/2 bathrooms: 2
Bonus Room
- Area: 252
Den
- Area: 300
Dining Room
- Features: Separate Dining Room
- Area: 210
Features
- 1 or More BR Down,Primary Down,Renovated Bathroom,Luxury Primary Bath,Double Vanity Bath,Separate Tub & Shower,Half Bath Down,Smooth Ceiling,High Ceilings,Wet Bar,Walk-In Closet(s),Powder/Dressing Room,Living Room,Dining Room,Den/Great Room,Kitchen,Primary Bedroom,2nd Bedroom,2 or More Baths,Laundry Room,Keeping/Hearth Room,Sun Room,Office,2 or More Baths,3rd Bedroom,4th or More Bedrooms,Bonus Room,Play Room/Rec Room,Storage,Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Window features: Wood Frames,Window Treatments
- Flooring: Part Hardwood,Tile,Brick
- Number of fireplaces: 5
- Fireplace features: Gas Starter,In Den/Great Room,In Keeping/Hearth room,Living Room,In Other Room,Masonry
- Fireplace: Yes
Heating & Cooling
- Heating features: 3 or More Systems,Central,Natural Gas
- Cooling features: 220 Wiring,3 or More Systems,Central Air
Interior Area
- Total interior livable area: 5,869 sqft
Kitchen
- Features: Breakfast Bar,Eat-in Kitchen,Kitchen Island,Keeping/Hearth Room,Pantry,Updated/Renovated Kitchen
- Area: 266
Living Room
- Features: Separate Den,Separate Living Room
- Area: 270
Master Bathroom
- Features: Double Vanity,Separate Shower,Smooth Ceiling,Tile Floor
Master Bedroom
- Features: Hardwood Floor,Smooth Ceiling,Walk-In Closet(s)
- Level: First
- Area: 288
Property
Details
- Parcel number: 056055 00021
Features
- Stories: 1
- Pool features: None
- Patio & porch: Patio
- Exterior features: Auto Lawn Sprinkler
- Fencing: Wood
- Waterfront features: Cove
Lot
- Lot size: 0.91 Acres
- Features: Professionally Landscaped
- Lot size dimensions: 173 x 280
Parking
- Total spaces: 2
- Parking features: Driveway/Pad,Circular Driveway,Garage Door Opener,Garage Faces Side,Gated,Gate Clickers
- Has garage: Yes
- Covered spaces: 2
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Earthquake
- Heat Wave
- Tornado
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,435 | $65,220 |
| Home Insurance | $909 | $10,908 |
| Property Taxes | $868 | $10,416 |
| Electricity | $476 | $5,722 |
| Total | $7,688 | $92,256 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Listed for sale | $1,075,000 |
| 2022-09-13 | Sold | $900,000 |
| 2016-04-07 | Sold | $700,000 |
| 2015-04-09 | Listing removed | $819,000 |
| 2015-04-03 | Listed for sale | $819,000 |
| 2014-07-21 | Listing removed | $849,000 |
| 2014-06-10 | Price change | $849,000 |
| 2014-03-16 | Listed for sale | $869,000 |
| 2013-10-31 | Sold | $400,000 |
| 2013-08-27 | Price change | $400,000 |
| 2013-07-11 | Price change | $417,000 |
| 2013-05-24 | Price change | $432,600 |
| 2013-05-19 | Price change | $449,900 |
| 2013-04-27 | Price change | $492,500 |
| 2013-03-20 | Price change | $509,900 |
| 2013-02-16 | Price change | $559,900 |
| 2013-01-20 | Price change | $589,900 |
| 2012-12-20 | Listed for sale | $615,000 |
| 2012-08-15 | Sold | $501,000 |
| 1995-07-12 | Sold | $450,000 |
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