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8891 Forest Meadow Dr, Memphis, TN, 38125

6beds
8baths
7,318sqft
$3,295,000
$450price/sqft
$23,256/moest. monthly cost
$930,240/yrincome needed

About This Home

Rare Opportunity to Own One of Shelby County's Finest Country Estates! Endearing brick columns & a gated entrance announce the beginning of endless amenities. The generational property consists of the main house with three en suite bedrooms/baths, an attached guest house with three en suite bedrooms/bath, & a guest barndominiom with one bedroom/bath, two stall barn, tack room & shower stall. Set amidst 33 conveniently located acres, you'll find this Low Country, Hayes Town inspired custom home designed by LRK & built by one of the areas finest builders, Montgomery Martin. The goal to create a home where one could see & wander from inside to out from literally everywhere was accomplished. Antique lighting fixtures, heart-pine flrs, & wood beams/columns, many of which came from the Memphis Furniture Company founded in 1896, add to the wonderful ambiance found in this home. A sparkling gunite pool & overlooking cooking porch were added in 2017 & a whole house generator in 2023.

Getting Around

2
WalkingCar-Dependent
0
TransitNo Nearby Transit
24
BikeSomewhat Bikeable

Schools

8/10
4/10
Germantown Middle SchoolGrades 6-84.6 mi
6/10
Germantown High SchoolGrades 9-125.4 mi

Construction

Condition

  • Year built: 2003

Materials

  • Roof: Other (See REMARKS),Tile/Slate
  • 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,Dishwasher,Disposal,Double Oven,Gas Cooktop,Instant Hot Water,Microwave,Range/Oven,Refrigerator,Self Cleaning Oven,Separate Ice Maker
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access,Unfinished

Bedroom2

  • Features: Hardwood Floor,Private Full Bath,Smooth Ceiling,Walk-In Closet(s)
  • Level: Second
  • Area: 252

Bedroom3

  • Features: Hardwood Floor,Private Full Bath,Smooth Ceiling,Walk-In Closet(s)
  • Level: Second
  • Area: 210

Bedroom4

  • Features: Private Full Bath,Smooth Ceiling,Walk-In Closet(s)
  • Level: First
  • Area: 228

Bedroom5

  • Features: Private Full Bath,Smooth Ceiling,Walk-In Closet(s)
  • Level: First
  • Area: 180

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 8
  • Full bathrooms: 6
  • 1/2 bathrooms: 2

Bonus Room

  • Area: 703

Dining Room

  • Features: Separate Dining Room
  • Area: 324

Features

  • 1 or More BR Down,Double Vanity Bath,Full Bath Down,Half Bath Down,Luxury Primary Bath,Primary Down,Separate Tub & Shower,Two Primaries,High Ceilings,Smooth Ceiling,Vaulted/Coff/Tray Ceiling,Cable Wired,Wet Bar,Walk-In Closet(s),Mud Room,Powder/Dressing Room,2 or More Baths,4th of More Bedrooms,Breakfast Room,Dining Room,Keeping/Hearth Room,Kitchen,Laundry Room,Living Room,Office,Other (See REMARKS),Primary Bedroom,2 or More Baths,2nd Bedroom,3rd Bedroom,In-Law Floorplan,Storage,Square Feet Source: Appraisal
  • Window features: Casement Window(s),Double Pane Windows,Wood Frames,Window Treatments
  • Flooring: Brick,Concrete,Hardwood
  • Number of fireplaces: 4
  • Fireplace features: Gas Log,Gas Starter,In Keeping/Hearth room,Living Room,In Other Room,Masonry,Vented Gas Fireplace
  • Fireplace: Yes
  • Attic: Walk-In

Heating & Cooling

  • Heating features: 3 or More Systems,Central,Propane
  • Cooling features: 220 Wiring,3 or More Systems,Ceiling Fan(s),Central Air

Interior Area

  • Total interior livable area: 7,318 sqft

Kitchen

  • Features: Breakfast Bar,Kitchen Island,Keeping/Hearth Room,Pantry,Separate Breakfast Room
  • Area: 460

Living Room

  • Features: Separate Living Room
  • Area: 324

Master Bathroom

  • Features: Double Vanity,Dressing Area,Separate Shower,Smooth Ceiling,Tile Floor,Whirlpool Tub,Full Bath

Master Bedroom

  • Features: Hardwood Floor,Sitting Area,Smooth Ceiling,Walk-In Closet(s)
  • Level: First
  • Area: 306

Office

  • Features: Built-in Features,Hardwood Floor,Smooth Ceiling
  • Level: First
  • Area: 221

Property

Details

  • Parcel number: D0256 00273

Features

  • Stories: 2
  • Private pool: Yes
  • Pool features: In Ground
  • Patio & porch: Porch,Patio
  • Exterior features: Auto Lawn Sprinkler,Gas Grill,Sauna
  • Has spa: Yes
  • Spa features: Whirlpool(s),Bath
  • Fencing: Wood,Wood Fence
  • Waterfront features: Lake/Pond on Property

Lot

  • Lot size: 33 Acres
  • Features: Other (See Remarks),Professionally Landscaped,Wooded,Wooded Grounds,Well Landscaped Grounds
  • Lot size dimensions: 1437480 SF 33 AC 1375 x 1045

Parking

  • Total spaces: 4
  • Parking features: Circular Driveway,Garage Door Opener,More than 3 Coverd Spaces,Garage Faces Side,Storage,Workshop in Garage
  • Has garage: Yes
  • Covered spaces: 4
  • 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
    Cold WaveVery High
  • Heat Wave
    Heat WaveVery High
  • Tornado
    TornadoVery High
  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Earthquake
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Freezing
Severe Ice Storm
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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

MonthlyAnnual
Mortgage $16,661$199,932
Home Insurance $3,338$40,056
Property Taxes $2,663$31,956
Electricity $594$7,135
Total$23,256$279,072

Income You'd Need if You Spent...

35% on housing$797,348/yr
40% on housing$697,680/yr
45% on housing$620,160/yr

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.

Insurance Growth Rate5-year average: 6.5%
6.5%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$450This listing

vs Other Active Listings

Avg $/sqft

ZIP 38125$130
Shelby County$116

vs Homes Sold Last Month

Median $/sqft

ZIP 38125$134
Shelby County$132

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

DateEventPrice
2026-07-29Listed for sale$3,295,000
2016-09-20Sold$2,400,000
2012-03-07Listing removed$2,250,000
2012-03-01Listed for sale$2,250,000
2012-01-22Listing removed$2,250,000
2011-11-15Price change$2,250,000
2011-07-26Listed for sale$2,500,000
2011-06-20Listing removed$2,950,000
2010-11-12Price change$2,950,000
2010-06-19Listed for sale$3,250,000
1998-05-29Sold$625,000

For Sale by Agent

AgentJudy O McLellan
BrokerageCrye-Leike, Inc., REALTORS

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