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$419,000

5094 N Peg Ln Memphis, TN 38117

3 beds
2 full
0.2 acres
House

Property details

About 5094 N Peg Ln

Charming 3BR/2BA home on a beautifully landscaped corner lot in highly sought-after Normandy Meadows—zoned Richland Elem & White Station MS/HS! This well-maintained gem features refinished hardwoods, fresh paint, a flexible layout with LR, DR, and office/den. Updated primary bath with walk-in shower, new tile & vanity. Completely and fully renovated kitchen with new hardwood floor, new subway tile backsplash, new white cabinets, quartz countertops, and gas range. Enjoy outdoor living with a front porch, and rear side courtyard. Perhaps most importantly, this home boasts a Total anomaly for this neighborhood: a 2-car GARAGE with storage! Come quickly to make this your new home!

Highlights

Home typeSingle Family Residence
HeatingCentral, Natural Gas
StatusActive
CoolingCentral Air, Ceiling Fan(s), Other
Lot size0.21 Acres
Year built1956
ParkingDriveway/Pad,Storage Room(s),Garage Door Opener(s),Side-Load Garage
MLS #10202260
ViewOther

Virtual tour

Summary

  • Full Bathrooms: 2
  • Appliances: Double Oven, Cooktop, Disposal, Dishwasher
  • Flooring Type: Hardwood Throughout, Tile, Smooth Ceiling
  • Interior: Walk-In Closet(s), Pull Down Attic Stairs
  • Total Bedroom Count: 3
  • Parking: Driveway/Pad,Storage Room(s),Garage Door Opener(s),Side-Load Garage
  • View: Other
  • Exterior: Storage Building, Porch, Patio, Historic District, Wood Fence
  • Architectural Style: Traditional
  • Heating: Central, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s), Other
  • List Price: $419,000
  • Lot: Few Trees, Level, Corner Lot, Landscaped, Fencing
  • Directions: Heading east on Walnut Grove Rd, turn left onto N Mendenhall Rd. Turn right onto Chickasaw Rd. Continue onto Fernway Rd. Turn left onto N Peg Ln.
  • Year Built: 1956
  • Stories: 1
  • Lot Size: 0.21 Acres
  • MLS Number: 10202260
  • Office Name: Centric Realty LLC

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: 7/30/2025, 3:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

8

White Station Elementary School

Public District PK-5

0.5 mi

4840 Chickasaw Rd

8

Richland Elementary School

Public District PK-5

0.7 mi

5440 Rich Rd

4

Aurora Collegiate Academy

Public Charter KG-5

0.7 mi

4841 Summer 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 $80,120. Typical income of Memphis, TN residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

10%
<35k
53%
35k-100k
31%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

39%
Single, No Kids
6%
Single, with Kids
27%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
7%
12-17 yrs old
23%
18-34 yrs old
38%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • TennisTennis
  • Hiking/backpackingHiking/backpacking
  • Skiing/snowboardingSkiing/snowboarding

Where do the neighbors shop?

  • IKEAIKEA
  • Nordstrom RackNordstrom Rack
  • NordstromNordstrom

Where do the neighbors go to eat?

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

What do the neighbors drive?

  • JeepJeep
  • MazdaMazda
  • BMWBMW

What do the neighbors listen to?

  • AlternativeAlternative
  • RockRock
  • Talk/PersonalityTalk/Personality
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 5094 N Peg Ln

The listing price of 5094 N Peg Ln property is $419,000.

The property 5094 N Peg Ln is a house located in Memphis, Tennessee, 38117.

Active Listing: 5094 N Peg Ln is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5094 N Peg Ln are: White Station Elementary School (GreatSchools Rating 8/10), Richland Elementary School (GreatSchools Rating 8/10), Aurora Collegiate Academy (GreatSchools Rating 4/10), White Station Middle School (GreatSchools Rating 8/10), Compass Community School Berclair Campus (GreatSchools Rating 4/10), Kingsbury Middle School (GreatSchools Rating 2/10), White Station High School (GreatSchools Rating 8/10), Kingsbury High School (GreatSchools Rating 2/10), Memphis Academy of Health Sciences High School (GreatSchools Rating 2/10).

The property at 5094 N Peg Ln has 3 bedrooms and 2 bathrooms.

The year of construction for 5094 N Peg Ln is 1956.

This home is located at 5094 N Peg Ln in Memphis, TN and zip code 38117. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 29, 2025 and is currently priced at $419,000.

In June 2025 more than 73 listings in Memphis, TN were sold above the asking price. During the same period more than 107 listings were sold at asking price, while more than 219 were sold below. The inventory of homes for sale in Memphis, TN between May and June 2025 increased by 11.9%. In June 2025 median list price was $224,900 and the average listing age was 35 days.

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

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