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180 Crestmere Pl, Memphis
$559,000
10223928 MLS
Turnkey short term rental- STR positioned near Overton Park in Midtown Memphis, The Crestmere Estate at offers a luxury hospitality asset with investment potential. The property includes a 4BR/2.5BA Tudor main home plus a 2BR/1BA detached guesthouse with downstairs storage that is plumbed, heated/cooled, creating a flexible 6BR/3.5BA layout for short-term rental use. Resort-style outdoor spaces include a renovated gunite heated saltwater pool, bluestone decking, courtyard, fountains, iron gates, and a landscaped double lot, full third-floor attic with high ceilings, and a basement wine cellar. Seller-stated STR performance includes an average occupancy of about 70%, $100K-$120K in annual revenue, and approx. $20K in future bookings included with sale. STR business available for an additional fee, including website, Hostfully, Turno, PriceLabs, chatbots, Breezeway, furnishings, linens, towels, pool supplies, & listing opportunities online. Contact listing agent for business details.

180 Crestmere Pl, Memphis

180 Crestmere Pl, Memphis
$559,000
4 Beds ⋅ 2.1 Baths ⋅ 10223362 MLS
Distinctive Midtown estate featuring a 4BR/2.5BA main home, detached 2BR/1BA guesthouse (6 total BR-3.5 BA), and renovated heated saltwater pool—all arranged around a private courtyard- located in historic Lea’s Woods, pairing storybook Tudor character with modern luxury and income potential/multigenerational living. The double lot feels like a private retreat with courtyard, gunite heated saltwater pool, bluestone decking, fountains, iron gates, and $15,000 in added backyard landscaping. Updates include roof 2021, main HVAC 2021, guesthouse HVAC 2023, main water heater 2025- $130,000+ in total improvements. Active short-term rental with seller-stated 80% occupancy and $100K-$120K annual revenue. Furnishings and business software/platforms available for an additional fee. Fantastic location borders Overton Park and zoo; 5 min from Overton Square. Don't miss the high-ceilinged full third-floor attic and basement wine cellar!

180 Crestmere Pl, Memphis

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