Listing provided courtesy of Duane Wright RealtyMLS# 10216158MLS ProviderContact Information: Phone: 731-607-3076
  • 115 days on site
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Welcome to this custom-built luxury waterfront home on 2 professionally landscaped lots with view of Pickwick Lake. Well maintained & mostly furnished, this 6 BR + 4 full bath plus 2 half bath offers open-concept living, kitchen & dining offer gorgeous lake view. 2 kitchens, 2 primary suites, fireplaces in both living areas, 2-car garage & multiple decks plus cozy screened porch for breathtaking views. Main-level primary features upper-deck access, double vanities, jacuzzi tub, walk-in closet & dressing area. Upstairs offers 4 bedrooms 2 BAs, plus reading nook. Downstairs level is built for entertaining w/ guest suite, pool table, media space, games, bar & full kitchen, plus playroom/or bedroom. Luxury finishes throughout elevate every space. Enjoy lakeside deck, fire pit, private tram to your personal dock & easy boating, kayaking, swimming. Exceptional lakefront getaway. Fenced pet area. Gated subdivision. Rental income history: 2025- 86,548 & 2024-78,772. 73 perfect rental reviews!

Source: Memphis MLS, MLS#: 10216158

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  • Property Type
    Residential

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 505 SAILBOAT PT


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/12/2026Source: Memphis MLS Price Reduction
$1,494,000 -0.3%
5/4/2026Source: Memphis MLS Price Reduction
$1,499,000 -3.2%
4/23/2026Source: Memphis MLS Price Reduction
$1,549,000 -3.1%
4/9/2026Source: Memphis MLS Price Reduction
$1,599,000 -3.0%
3/30/2026Source: Memphis MLS Price Reduction
$1,649,000 -2.9%
3/6/2026Source: Memphis MLS Added to Database
March 06, 2026