$1,650,000

491 S Shady Grove Rd Memphis, TN 38120

$10,000
Closing credit¹
5 beds
3 full, 2 partial
1.1 acres
House

Property details

About 491 S Shady Grove Rd

This isn’t just a home; it is a true River Oaks original! Designed by noted architect Oscar Menzer, 491 S. Shady Grove is found on just more than an acre in the heart of Memphis. This spacious Cape Cod style home is the perfect blend of timeless charm & character with functional, livable spaces. A beautiful chef’s kitchen w/eat-in space flows to a lovely dining rm. The inviting great room w/brick flooring & wet bar opens to an amazing backyard. A sun-filled front gallery leads to a formal living rm & office, then to the spacious primary suite w/newly renovated bath+his/hers closets. Upstairs includes four bedrooms & two recently renovated bathrooms as well as a landing space perfect for kids or guests. The layout flows seamlessly from formal to casual, indoor to outdoor, and the grounds of this property are nearly as impressive as the home itself. Whether relaxing by the pool, enjoying an evening around the firepit or playing on the turf sports field, there's something for everyone!

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas, Multi Unit(s)
StatusActive
CoolingCentral Air, Multi Unit(s)
Lot size1.1 Acres
Year built1970
ParkingCircular Drive,Side-Load Garage
MLS #10195644
FireplaceMasonry, In Living Room, In Other Room
ViewTrees/Woods, Other

Summary

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Appliances: Range, Oven, Double Oven, Gas Range, Disposal, Dishwasher, Microwave, Refrigerator
  • Flooring Type: Hardwood Throughout, Marble/Terrazzo, Brick Floor, Smooth Ceiling, 9 or more Ft. Ceiling
  • Interior: Excl Some Window Treatmnt, Wet Bar, Walk-In Closet(s), Pull Down Attic Stairs, Security System
  • Fireplace: Masonry, In Living Room, In Other Room
  • Total Bedroom Count: 5
  • Parking: Circular Drive,Side-Load Garage
  • View: Trees/Woods, Other
  • Exterior: Auto Lawn Sprinkler, Patio, Brick or Stone Fence
  • Architectural Style: Traditional
  • Heating: Central, Natural Gas, Multi Unit(s)
  • Cooling: Central Air, Multi Unit(s)
  • List Price: $1,650,000
  • Lot: Wooded, Landscaped
  • Directions: Located on the west side of S. Shady Grove, in between Shady Grove and and Briarcrest. across from Chartwell
  • Year Built: 1970
  • Stories: 2
  • Lot Size: 1.1 Acres
  • MLS Number: 10195644
  • Office Name: Marx-Bensdorf, REALTORS

Copyright© 2025 Memphis Area Association of REALTORS. The information provided is for the consumer's personal, non-commercial 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2025, 10:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of home with stone siding

$1,650,000

491 S Shady Grove Rd

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

8

Richland Elementary School

Public District PK-5

1.8 mi

5440 Rich Rd

7

Sea Isle Elementary School

Public District PK-5

2.3 mi

5250 Sea Isle Rd

5

Balmoral-Ridgeway Elementary School

Public Magnet KG-5

2.7 mi

5905 Grosvenor Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $107,353. The most common annual income of people living in Memphis, TN is between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

16%
<35k
31%
35k-100k
27%
100k-200k
26%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

29%
Single, No Kids
3%
Single, with Kids
47%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
9%
12-17 yrs old
13%
18-34 yrs old
47%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • Skiing/snowboardingSkiing/snowboarding
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • NordstromNordstrom
  • Chico'sChico's

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • California Pizza KitchenCalifornia Pizza Kitchen
  • QdobaQdoba

What do the neighbors drive?

  • LexusLexus
  • BMWBMW
  • CadillacCadillac

What do the neighbors listen to?

  • NewsNews
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Memphis, TN

Memphis features a comprehensive transport infrastructure that includes a public transit system serving residents and visitors alike. The city's layout and road network facilitate easy commuting by car, with major highways connecting Memphis to surrounding areas. While certain neighborhoods are known for their walkability, the city as a whole is continuously working to improve pedestrian and bike paths to enhance accessibility and encourage eco-friendly modes of transport.

The community benefits from a well-rounded selection of services, including a network of public and private schools that cater to educational needs at all levels. Healthcare facilities are distributed throughout the city, offering a range of services from routine care to specialized treatments. Public libraries serve as valuable resources for residents, and the city's retail and dining establishments reflect the local culture, with an emphasis on Southern cuisine and unique boutiques.

Memphis is celebrated for its vibrant music scene and rich cultural heritage, which are integral to the city's character. The community prides itself on being the home of blues, soul, and rock 'n' roll, with landmarks such as Beale Street and the annual Memphis in May festival highlighting its musical legacy. The city's character is further defined by its friendly residents and a sense of small-town camaraderie amidst its urban setting.

Memphis offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles range from charming historic bungalows to sleek contemporary new builds. The housing landscape is varied, with a mix of older homes that reflect the city's rich history and newer developments that cater to modern living preferences. While the homeownership rate is robust, there is also a healthy rental market that provides options for those not looking to buy.

About 491 S Shady Grove Rd

The listing price of 491 S Shady Grove Rd property is $1,650,000.

The property 491 S Shady Grove Rd is a house located in Memphis, Tennessee, 38120.

Active Listing: 491 S Shady Grove Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 491 S Shady Grove Rd are: Richland Elementary School (GreatSchools Rating 8/10), Sea Isle Elementary School (GreatSchools Rating 7/10), Balmoral-Ridgeway Elementary School (GreatSchools Rating 5/10), White Station Middle School (GreatSchools Rating 8/10), Riverdale Elementary School (GreatSchools Rating 7/10), Ridgeway Middle School (GreatSchools Rating 4/10), Ridgeway High School (GreatSchools Rating 2/10), White Station High School (GreatSchools Rating 8/10), Overton High School (GreatSchools Rating 3/10).

The property at 491 S Shady Grove Rd has 5 bedrooms and 3 full and 2 half bathrooms.

The year of construction for 491 S Shady Grove Rd is 1970.

This home is located at 491 S Shady Grove Rd in Memphis, TN and zip code 38120. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $1,650,000.

Over 51 listings were sold over their listed price in April 2025 in Memphis, TN. In the same period over 223 listings were sold below the listed price and 116 listings were sold for the listed price. The number of listings in Memphis, TN increased by 13.8% between March and April 2025.

From Rocket Homes Real Estate and based on county public records data.

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