Welcome to this beautifully designed home built in 2020, located in the highly sought-after Colonial Acres neighborhood. Offering 4 bedrooms, 3 bathrooms, and a 2-car attached carport, this home combines modern style, functional living space, and exceptional outdoor amenities. Step inside to find gorgeous wood-look luxury vinyl plank (LVP) flooring throughout the main level and an open-concept floor plan. The spacious living area flows seamlessly into the stunning kitchen, featuring white cabinetry, granite countertops, stainless steel appliances, and ample workspace for cooking and gathering. The thoughtfully designed layout includes a laundry room and generously sized bedrooms, providing comfort and convenience for the entire household. Upstairs, you'll discover a versatile 21' x 13' loft area that can serve as a media room, playroom, home office, or workout area. Outside, enjoy a large backyard with fire pit area and a deck. * virtually staged.
Colonial Acres, located between East Parkway and I-240, is a residential and mid-century Memphis neighborhood with ranch-style streetscapes and a leafy, park-adjacent feel. The neighborhood’s character concentrates around the Park Avenue and Getwell Road corridor, where low-slung storefronts, local eateries, and everyday services set a steady, lived-in rhythm. Housing leans toward brick one-stories and tidy lots, with curving blocks that soften traffic and add a suburban cadence inside the city. The edge of the area ties into the green expanse of Audubon Park and the Memphis Botanic Garden for long walks and open lawns. Nearby anchors like the Dixon Gallery & Gardens and Theatre Memphis add a cultural counterpoint to the quiet blocks. Errands and dining cluster along Park and Poplar, keeping the geography practical without changing the calm tone.
Provided by Walk Score and Local Logic
Market insights
1255 Colonial Rd · $325,000
DAYS ON MARKET
74 days
The average home goes pending in 29 days.
SALE-TO-LIST
97.5%
Most homes are selling 3% below list price.
LIST PRICE
$325,000
Median sale price in this area is $309,179. (5% lower than this home)
PRICE DROP
2 price drops
25% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Living room and dining room combined
Updated/renovated kitchen
Eat-in kitchen with island
Vaulted/coffered master bedroom
Loft/balcony
Laundry room
Eight total rooms
Two stories
Bedrooms
4 bedrooms total
2 bedrooms on the lower level
Master bedroom with double vanity and luxury features (19 x 13)
Bedroom 2 (14 x 11)
Bedroom 3 (17 x 13)
Bedroom 4 (15 x 14)
Master bedroom located on the lower level
Bathrooms
3 full bathrooms
Primary bath with double sinks, separate shower, and tile floor
At least one full bathroom on the lower level
Kitchen
Range/oven
Dishwasher
Microwave
Refrigerator
Island in kitchen
Eat-in kitchen
Updated/renovated kitchen
Laundry & utility
Laundry room
Flooring
Part carpet
Tile
Vinyl flooring
Heating & cooling
Central heating
Central air conditioning
Ceiling fan(s)
Exterior features
Deck
Wood fence / wood-fenced yard
Brick veneer exterior
Level lot
Home design
Detached single-family home
Traditional style
Existing property built in 2020
Parking
2 covered parking spaces
Driveway/pad
Construction
Built in 2020
Utilities
Central heating and cooling
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10223187
Aug 13, 2026
Price Changed
$325,000
Jul 23, 2026
Price Changed
$340,000
Jun 4, 2026
Listed
$350,000
Memphis Area Association of Realtors(R) MLS #10075911
Jul 16, 2020
Sold
$320,000
May 5, 2020
Listed
$325,000
+19
After a fire destroyed what once sat on this lot, a beautiful new home has been built, nearly three times the size. Walk inside to find 2 bedrooms downstairs and two full baths, open living space and large kitchen. Great counter space for entertaining and numerous cabinets. Upstairs you'll see a bonus area at the top of the stairs followed by two more bedrooms and a full bath. Walk out back and survey your new deck with a wood fenced yard. Around 2475 sqft, this home is move in ready for you!
Public Records
Oct 2, 1958
Sold
$16,750
Year
Property tax
Land + Additions
Assessment*
2025
$4,953 (−3.7%)
$8,600 + $85,375
$93,975
2024
$5,143 (+8.1%)
$8,600 + $85,375
$93,975
2023
$4,758
$5,975 + $72,125
$78,100
2022
$4,758 (−1.2%)
$5,975 + $72,125
$78,100
2021
$4,813 (+717.6%)
$5,975 + $72,125
$78,100
2020
$589 (−57.2%)
$5,975 + $72,125
$78,100
2019
$1,377
$5,975 + $2,150
$8,125
2018
$1,377 (+76.3%)
$5,975 + $13,025
$19,000
2017
$781 (−9.6%)
$5,975 + $13,025
$19,000
2016
$864 (−11.0%)
$5,975 + $13,025
$19,000
2014
$971
$6,050 + $16,175
$22,225
Public record
Public record
Zoning
Permits
Beds
4
Baths
3
Stories
1.5
Lot width
70 ft.
Lot depth
175 ft.
Lot size
0.28 Acres
Year renovated
—
Finished Sq. Ft.
2,461
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,461
Year built
2020
Style
Single Family Residential
County
Shelby County
APN
065023 00017
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 2026.
R-6
Residential Single Family-6 District
The single-family residential districts are intended to accommodate one single-family detached principal dwelling unit per lot. These districts should be applied in areas where the land-use pattern is predominately single-family residential or where such a land use pattern is desired in the future. Five single-family residential districts are established-R-6 which are differentiated primarily on the basis of minimum lot area and setback requirements. New R-6 districts are generally located in an infill or redevelopment location where similar lot sizes are part of the original fabric of development. Additionally, R-6 districts should have a shared street network with and are generally located at least 500 to 1,000 ft from a CMU-1, CMU-2, CMU-3, or CBD district.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Senior
Infrastructure
Educational / school
Fire house
Police station
Recreation
Park & open space
Jan 12, 2023 • Final
Residential mechanical
Install a new tankless water heater.
Plumbing
Water heater
Dec 4, 2018 • Active
Residential electrical
Perform a complete electrical rewire of the building.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be 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
18% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Memphis, TN • 38117
Average low and high temperatures (°F)
47
30
57
38
72
50
78
58
79
63
88
72
93
77
91
72
86
68
78
57
66
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1255 Colonial Rd
$318,572
$6,428 under list price of $325K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $193K to $350K.