In the neighborhood everyone wants but few get to call home, sits a timeless classic that's ready for its next chapter. Walk through the door and you'll feel it that rare mix of character and comfort that can't be built new. Every room tells a story, and fresh cosmetic updates throughout mean the next chapter is ready to be written the moment you turn the key. Then there's the backyard. Private, peaceful, and made for the moments that matter birthday parties, quiet coffee mornings, evenings around the fire pit. Tucked into the corner, a backyard workshop waits for whatever you dream up next, whether that's woodworking, gardening, or a little solitude of your own. Conveniently located near Richland Elementary and White Station Middle, this home offers easy access to local schools and amenities. Some homes you buy. This one, you fall for.
Sylvan Hills, located between Whitehaven and Southaven, is a residential and aviation-adjacent Memphis neighborhood with mid-century ranch streetscapes and a runway-side horizon. The neighborhood’s character concentrates around Elvis Presley Blvd near Brooks Rd, where airport hotels, diner counters, and logistics traffic set a steady, utilitarian rhythm. Housing leans toward brick one-stories and tidy lots, with wide arterials framing the edges. The nearby airport and freight corridors shape daily soundscape and street life more than storefront retail. Graceland and the Elvis Presley’s Memphis complex act as cultural anchors, while the Guest House at Graceland functions as a local landmark for events and visitors. Parks and green pockets break up the grid and add breathing room.
Provided by Walk Score and Local Logic
Market insights
5450 Walnut Grove Rd · $385,000
DAYS ON MARKET
58 days
The average home goes pending in 37 days.
SALE-TO-LIST
96.9%
Most homes are selling 3% below list price.
LIST PRICE
$385,000
Median sale price in this area is $279,084. (28% lower than this home)
PRICE DROP
2 price drops
23% 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
Two fireplaces (living room and den/great room)
Part hardwood and brick flooring
Textured ceilings
Walk-in attic
Living room, dining room, den/great room, office, play/rec room
Bedrooms
Four bedrooms total; three bedrooms on the main level and one bedroom on the second level
Primary bedroom on level 1 with walk-in closet, full bath and hardwood floor
Bedroom 2 (14 x 11) on level 1 with hardwood floor
Bedroom 3 (13 x 12) on level 1 with hardwood floor
Bedroom 4 (18 x 12) on level 2 with walk-in closet and hardwood floor
Master bedroom approx. 17 x 14
Bathrooms
Three full bathrooms
Primary bath with tile floor
Separate tub and shower; full bathroom down
Kitchen
Eat-in kitchen
Kitchen approx. 18 x 11
Laundry & utility
Shop/workshop and driveway/pad parking (utility space in garage area implied)
Flooring
Hardwood floors in primary and most bedrooms
Part hardwood and brick flooring
Heating & cooling
Central heating
Central cooling
Exterior features
Patio
Some trees
Brick veneer exterior
No pool
Home design
Detached single-family home
Traditional style
Built in 1958
1.2 stories (main level plus partial/upper level)
Parking
Two covered parking spaces
Back-load garage
Driveway/pad
Workshop(s) in garage area
Security
Burglar alarm
Construction
Composition shingle roof
Brick veneer construction
Existing property (built 1958)
Utilities
Central heat and central air
Electricity and solar
View estimated energy costs and solar savings for this home
Memphis Area Association of Realtors(R) MLS #10225780
Aug 21, 2026
Price Changed
$385,000
Jul 25, 2026
Price Changed
$400,000
Jul 10, 2026
Listed
$415,000
Year
Property tax
Land + Additions
Assessment*
2025
$4,982 (−6.9%)
$21,425 + $73,100
$94,525
2024
$5,351 (+8.1%)
$21,425 + $73,100
$94,525
2023
$4,949
$19,450 + $61,800
$81,250
2022
$4,949 (−1.2%)
$19,450 + $61,800
$81,250
2021
$5,007 (+6.3%)
$19,450 + $61,800
$81,250
2020
$4,710
$19,450 + $61,800
$81,250
2019
$4,710
$18,725 + $46,275
$65,000
2018
$4,710 (+58.3%)
$18,725 + $46,275
$65,000
2017
$2,976 (+18.7%)
$18,725 + $46,275
$65,000
2016
$2,507
$19,450 + $52,950
$72,400
2014
$2,507
$18,725 + $38,650
$57,375
Public record
Public record
Zoning
Permits
Beds
3
Baths
2
Stories
1.2
Lot width
100 ft.
Lot depth
169 ft.
Lot size
0.39 Acres
Year renovated
—
Finished Sq. Ft.
2,903
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,903
Year built
1958
Style
Single Family Residential
County
Shelby County
APN
068023 00013
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 14, 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
Sep 17, 2021 • Final
Residential plumbing
Work on an irrigation backflow system.
Plumbing
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 110° expected this year, 21 days in 30 years
4/10 Wind Factor
17% 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 • 38120
Average low and high temperatures (°F)
47
30
58
38
72
50
78
58
79
63
89
72
93
77
90
71
86
67
78
56
66
49
55
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
88/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Memphis. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5450 Walnut Grove Rd
$369,943
$15K under list price of $385K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $329K to $474K.