For sale

$999,000

Est. $6,455/mo

Land

•

73.98

acres (lot)

11338 Monterey Rd, Eads, TN 38028

About this home

A Legacy Canvas: 74 Acres on the Exclusive Monterey Rd For generations, this remarkable property has been part of one family’s story. Originally conveyed by deed in 1845, it is now ready for the next chapter. Set on 74± acres along prestigious Monterey Rd. , this exceptional property offers a rare opportunity on one of Shelby County’s most coveted addresses, just minutes from Collierville and Germantown. Rolling hills, mature hardwoods, open meadows, and natural waterways create a diverse landscape rich with deer, wild turkey, herons, and other native wildlife. The varied topography offers exceptional potential for a private estate, equestrian property, family retreat, farm, recreation, conservation, or future homesites. An existing 2,988 SF home provides a starting point, but the true value is the land—an extraordinary opportunity to create a lasting legacy in one of West Tennessee’s most beautiful settings.

Vacant landProperty Type

73.98 acresLot Size

$13,504Price/Acres

Listed by William Patton • National Land Realty, LLC

Listing updated: Nov 9, 2026 at 02:14pm

Redfin checked: 2 minutes ago

•Source:Memphis Area Association of Realtors(R) MLS #10231076

Payment calculator

$6,455 per month

Principal and interest$5,452

Property taxes

$670

HOA dues

Home insurance

$333

Utilities

Add

Affordability tools

See this home in person

We'll connect you with a local agent to show you this home, answer your questions, and assist you on your buying journey.

Next available tour time: Today

Open houses

No upcoming open houses.

Nearby open houses (10)

OPEN SAT, 11AM TO 1PM
$429,900
5 beds3 baths— sq ft
571 Beau View Way, Cordova, TN 38018
6,098 sq ft lot • Garage • Built 2023
OPEN SAT, 11:30AM TO 1PM
$495,000
4 beds3.5 baths— sq ft
1684 Bryn Mawr Cv, Germantown, TN 38138
0.39 acre lot • Garage • Built 1987
OPEN SAT, 12PM TO 2PM
$385,000
4 beds2 baths— sq ft
6730 Franie Ln, Arlington, TN 38002
0.37 acre lot • Garage • Pool
OPEN SAT, 12PM TO 2PM
$350,000
4 beds3 baths— sq ft
1411 Poplar Ridge Dr, Memphis, TN 38120
0.34 acre lot • Garage • Built 1978
OPEN SAT, 12PM TO 2PM
$249,000
3 beds2 baths— sq ft
4443 Peace River Dr, Memphis, TN 38141
8,712 sq ft lot • Garage • Built 1981
OPEN SAT, 2PM TO 4PM
$475,000
4 beds2.5 baths— sq ft
1227 Poplar Estates Pkwy, Germantown, TN 38138
0.51 acre lot • Garage • Pool
OPEN SUN, 1PM TO 2:30PM
$559,000
3 beds3 baths— sq ft
2497 Brotherwood Cv, Collierville, TN 38017
0.39 acre lot • Garage • Community pool
OPEN SUN, 1PM TO 3PM3D & VIDEO TOUR
$310,000
3 beds2 baths— sq ft
1975 Wirily Ln, Cordova, TN 38016
0.24 acre lot • Garage • Built 1996
OPEN SUN, 2PM TO 4PM
$255,000
3 beds2 baths— sq ft
2195 Lake Springs Ln, Cordova, TN 38016
6,969 sq ft lot • Garage • Community pool
OPEN SUN, 3PM TO 4:30PM
$525,000
4 beds2.5 baths— sq ft
9029 Lansdowne Ln, Germantown, TN 38139
0.36 acre lot • Garage • Pool

Around this home

Schools

K - 12
Preschool & daycare

Macon-Hall Elementary School

Public PreK-5 • Assigned • 3.6mi

4/10

Mt Pisgah Middle School

Public 6-9 • Assigned • 2.9mi

3/10

Germantown High School

Public 9-12 • Assigned • 7.7mi

6/10

Provided by GreatSchools

About Gray's

Creek

Gray's Creek, located between Nonconnah Creek and the Mississippi state line, is a suburban and semi-rural Memphis neighborhood with wooded creek corridors and large-lot streets. The neighborhood’s character concentrates around the U.S. 78 (Lamar Avenue) corridor near Shelby Drive, where truck traffic, repair shops, and long-standing local eateries set a workaday rhythm. Housing trends toward ranch-style homes and newer subdivisions, with pockets of open land and drainage canals shaping the street grid. Daily life orbits around driving routes, school campuses, and small commercial strips rather than a single walkable main street. Green space reads as utility and nature at once, with waterways and tree lines defining many backyards. The atmosphere feels practical and spread out, with a strong sense of edge-of-town geography.

Provided by Walk Score and Local Logic

Property details

Exterior

Exterior features
Natural drainage
Rolling terrain
Wooded
Municipal, paved road frontage

Home design
Land

Utilities
Electricity
Public water
Septic tank

Sale and tax history for 11338 Monterey Rd

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$3,155 (+21.2%)

$235,500 + $63,200

$298,700

2024

$2,604

$235,500 + $63,200

$298,700

2023

$2,604

$211,150 + $31,600

$242,750

2022

$2,604 (−1.7%)

$211,150 + $31,600

$242,750

2021

$2,650 (+2.9%)

$211,150 + $31,600

$242,750

2020

$2,574

$211,150 + $31,600

$242,750

2019

$2,574

$195,300 + $25,625

$220,925

2018

$2,574 (−1.5%)

$195,300 + $25,625

$220,925

2017

$2,612 (−11.9%)

$195,300 + $25,625

$220,925

2016

$2,966

$195,300 + $25,625

$220,925

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

73.98 Acres

Year renovated

—

Finished Sq. Ft.

2,988

Unfinished Sq. Ft.

—

Total Sq. Ft.

2,988

Year built

1984

Style

Single Family Residential

County

Shelby County

APN

D0222 00415

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 22, 2026.

Conservation Agriculture District

The CA District is intended to conserve agricultural land and undeveloped natural amenities while preventing the encroachment of incompatible land uses on farm land and other undeveloped areas. The types, area and intensity of land uses in this district are designed to encourage and protect agricultural uses and the conservation of undeveloped areas.

Permitted uses

Include but are not limited to:

Equestrian facility
Religious facility
Housing-Senior
Infrastructure
Educational/school
Fire house
Police station
Recreation
Housing-Mobile home park
Park & open space

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

6/10 Heat Factor

7 days above 109° expected this year, 21 days in 30 years

4/10 Wind Factor

16% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 4 days in 30 years

Provided by First Street

Historical weather

Eads, TN • 38028

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

97/ 100

Exceptional sunlight

Sunscore

This home receives average direct sun exposure in Eads. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10 hrs

6.4 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 11338 Monterey Rd

$961,756

$37K under list price of $999K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $345K to $1.1M.

SOLD SEP 24, 2026
$1,100,000 Last sold price
5 beds4.5 baths— sq ft
145 S Monterey Farms Cv, Collierville, TN 38017
smaller lot
SOLD AUG 20, 2026
$900,000 Last sold price
5 beds4.5 baths— sq ft
293 Southmill Dr, Eads, TN 38028
SOLD MAY 22, 2026
$1,119,000 Last sold price
4 beds5 baths5,240 sq ft
10756 Hidden Grove Ln, Eads, TN 38028
Listing provided by realtracs
smaller lot
SOLD JUN 15, 2026
$765,000 Last sold price
4 beds4 baths3,457 sq ft
10470 Raleigh-lagrange Rd, Eads, TN 38028
Listing provided by realtracs
smaller lot
basement
SOLD AUG 31, 2026
$345,000 Last sold price
3 beds2 baths— sq ft
1050 N Reid-hooker Rd, Eads, TN 38028
smaller lot
SOLD JUN 25, 2026
$450,000 Last sold price
5 beds4.5 baths3,422 sq ft
12420 Fox Lair Dr, Collierville, TN 38017
Listing provided by realtracs
smaller lot

Tour for free, no strings attached

Instant answers, or connect with a local agent

Start an offer

Nearby similar homes

$934,500

Land— sq ft

Shelby Dr, Collierville, TN 38017

Listed 60 days

$92,500

Land— sq ft

0 Monterey Rd, Eads, TN 38028

Listed 108 days

$1,000,000

3 beds2 baths— sq ft

75 Vita Way, Eads, TN 38028

100 acres • Leased for farming • Existing home

$399,995

Land— sq ft

11760 Stable View Dr, Eads, TN 38028

Private retreat

$3,815,500

Land— sq ft

182 AC. Collierville Arlington Rd, Unicorp/eads, TN 38017

Private estate • Water main

$858,630

Land— sq ft

0 Donellson Rd, Arlington, TN 38002

Easy access to i-269 • Easy access to i-40

New listings for sale in 38028

$849,900

4 beds4 baths— sq ft

2138 N Reid-hooker Rd, Eads, TN 38028

Private backyard • Gunite pool • Open kitchen

3D WALKTHROUGH

$465,000

4 beds2.5 baths— sq ft

2430 George R James Rd, Eads, TN 38028

6 acres • Workshop • Barn

OPEN NOV 22, 10AM TO 2PM

$445,000

4 beds2.5 baths— sq ft

14855 Hwy 196 Hwy, Eads, TN 38028

All new flooring • Newer roof • Two hvac units

Details provided by Memphis Area Association of Realtors(R) MLS and may not match the public record. Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

Redfin Brokerage Licenses

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Houses for rent in Shelby County	Agents near me	Brentwood, TN homes for sale	Shelby County Housing Market
Houses for sale near me	Nashville, TN homes for sale	Memphis, TN homes for sale
Land for sale near me	Franklin, TN homes for sale	Murfreesboro, TN homes for sale
Open Houses near me	Knoxville, TN homes for sale	Shelby County Property Records
Condos for sale near me	Chattanooga, TN homes for sale	TN New Listings

Memphis homes for sale
Germantown homes for sale
Collierville homes for sale

Tipton County homes for sale
Fayette County homes for sale
DeSoto County homes for sale

About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 11338 Monterey Rd

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 11338 Monterey Rd

Nearby similar homes

New listings for sale in 38028

More real estate resources