5194 Lexington Club Cv Unit 401-402, Memphis, TN 38117
About this home
WOW-FAB NEW PRICE & OPPORTUNITY FOR DOUBLE PENTHOUSE CONDO IN EXCLUSIVE GATED ENCLAVE! Prime walkable location~3,864 Sq Ft~2 Private elevator entry areas! Gleaming marble Foyer with graceful design that opens to expansive Living Room! Stunning features incl. game table area w crystal chandelier & arched built-in cabinetry. Exquisite views from the LR & screened porch to courtyards! Grand DR w sparkling crystal chandelier enclosed by elegant walnut columns & arched openings. Fabulous Lg open Kitchen w high-end SS Appl pkg~48" blt-in Refrig/Freezer, cooktop & SS hood, 2 ovens, warming drawer, wine cooler, lg island & bfast bar. Lg breakfast area opens to Keeping Rm/Den w custom built in cab & 2nd screen porch! Sumptuous Primary BR has his & hers luxury marble & granite Baths & spacious walk in closets. 2nd BR w full bath. Handsome Library/Study w full BA can be 3rd BR. 3 assigned garage parking spaces, 2 Screened Porches! Gorgeous grounds. Walkable to Restaurants, Movies & Shopping!
Walnut Grove, located between East Memphis and Germantown, is a residential and commercial Memphis neighborhood with a tree-lined corridor and a steady retail strip. The neighborhood’s character concentrates around the Walnut Grove Rd and Poplar Ave crossroads, where shopping plazas, casual eateries, and daily-errand storefronts cluster along wide boulevards. Housing reads as mid-century ranches and traditional brick homes set back behind mature landscaping. Shelby Farms Park frames the area with long greenways and trailheads that shape an outdoors-forward routine. The Dixon Gallery & Gardens adds a quiet cultural counterpoint in nearby East Memphis. The Memphis Botanic Garden and the University of Memphis keep the calendar anchored to exhibitions, lectures, and campus energy.
Provided by Walk Score and Local Logic
Market insights
5194 Lexington Club Cv Unit 401-402 · $795,000
DAYS ON MARKET
176 days
The average home goes pending in 66 days.
SALE-TO-LIST
95.6%
Most homes are selling 4% below list price.
LIST PRICE
$795,000
Median list price in this area is $196,586. (75% lower than this home)
PRICE DROP
3 price drops
19% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
All window treatments
Cat/Dog free house
Elevator
Fire sprinklers
Monitored alarm
Security system
Smoke detectors
Trash chute
Vent hood / exhaust fan
Walk-in closets
Wheelchair mobility
Updated / renovated kitchen
Bedrooms
Three bedrooms, all on the main level
Primary bedroom with carpet, smooth ceiling, full bath and walk-in closet
Bedroom 2 with smooth ceiling and private full bathroom
Bedroom 3 with smooth ceiling and private full bathroom
Primary bedroom approx. 22 x 16; Bedroom 2 approx. 15 x 11; Bedroom 3 approx. 16 x 13
Bathrooms
Four full bathrooms
Primary bathroom with separate his and her baths, separate shower, tile floor and whirlpool tub
Two full master bathrooms and luxury master bath features (separate tub & shower, whirlpool)
Kitchen
Cooktop
Double oven
Self-cleaning oven
Microwave
Dishwasher
Disposal
Refrigerator
Breakfast bar, eat-in kitchen and island in kitchen
Pantry
Laundry & utility
Washer and dryer included
Laundry room
Flooring
Tile
Part carpet
Wood laminate floors
Smooth ceilings throughout
Heating & cooling
Central heating (dual system, electric)
Central cooling (dual system)
220 wiring
Exterior features
No pool
Automatic lawn sprinkler
Guarded gate / gated neighborhood
Enclosed balcony
Well landscaped grounds
Sidewalks
Brick / iron fence
Brick veneer exterior
Double-pane windows
Professionally landscaped
Home design
Attached single family (condominium) in a mid-rise building (3–6 stories)
Traditional style
Existing property built in 2006
Slab foundation
Parking
More than 3 covered parking spaces
Assigned parking
Common parking garage
Garage door opener(s)
Gated parking
On-site storage
Security
Burglar alarm
Fire alarm
Monitored alarm system
Security gate
Smoke detectors
Construction
Brick veneer construction
Year built 2006
Utilities
Public sewer
Electric water heater (2+ water heaters)
Has termite contract
HOA & community
Condominium association (The Lexington)
Condo amenities include courtyard and on-site storage
Condo fees cover exterior insurance, exterior maintenance, grounds maintenance, management fees, parking, pest control contract, reserve fund and trash collection
Monthly maintenance fee
Financial info
New financing available: Conventional
Other
Enter at guard gate on White Station between Sanderlin and Wheelis
Electricity and solar
View estimated energy costs and solar savings for this home
Sale and tax history for 5194 Lexington Club Cv Unit 401-402
Sale History
Tax History
Date
Event
Price
Memphis Area Association of Realtors(R) MLS #10217985
Aug 4, 2026
Price Changed
$795,000
Jun 8, 2026
Price Changed
$875,000
Apr 27, 2026
Price Changed
$950,000
Mar 30, 2026
Listed
$1,050,000
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Finished Sq. Ft.
—
Unfinished Sq. Ft.
—
Total Sq. Ft.
—
Year built
—
Style
Condo/Co-op
County
Shelby County
APN
056033 G00052C
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Mar 30, 2026.
R-10
Residential Single-Family-10 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. 5 single-family residential districts are established-R-10 which are differentiated primarily on the basis of minimum lot area and setback requirements.; New R-10 districts are generally located at least 1,500 to 2,000 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
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 110° 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
90
71
86
68
78
57
66
49
54
40
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
93/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 23% for direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5194 Lexington Club Cv Unit 401-402
$812,558
$18K over list price of $795K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $137K to $700K.