Build your dream luxury estate in the prestigious Monterey Farms community in 38017! Located just north of Spring Creek Ranch, this gorgeous and serene 2-acre homesite offers a rare opportunity to create a custom home surrounded by stunning estate properties and beautiful natural surroundings. With a 5,000 sq ft minimum, Monterey Farms is known for its elegance, privacy, and timeless curb appeal. Enjoy the perfect balance of peaceful estate living while remaining minutes from Collierville shopping, dining, golf, top-rated schools, and everyday conveniences. Plenty of space for a pool, outdoor living, guest house, or entertaining area designed to fit your lifestyle. Utilities available and lot is ready to build. Opportunities to purchase acreage lots in an established luxury community are becoming increasingly rare. Bring your builder and your vision to one of the area's most sought-after addresses! Holler with any questions!
Details
MLS #
10220797
Listing Type
For Sale
Sub-Type
Resale
Status
Active
Days On Site
124
Listing Provided By
Crye-Leike, Inc., REALTORS | Steve Boysen
Features
Zoning
CA-
Acreage
2.00
Utilities
Utilities
Electricity, Natural Gas, Public Water, Septic Tank
Area Information
State
TN
County
Other
City
Unincorporated
Zip Code
38017
Area
Mt Pisgah East
Subarea
799A
Community Name
MONTEREY FARMS PH 2
Listing VS Median (in MONTEREY FARMS PH 2)
Price: $145,000
low | high
Med: $0
On site: 124
low | high
Med:
Sourced by Back At You
Market Activity 38017
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Aug 2026
Sales: 1
Avg $ Per SqFt: $
Min Sale Price: $261,285
Max Sale Price: $261,285
Med Sale Price: $261,285
Date: Jul 2026
Sales: 15
Avg $ Per SqFt: $
Min Sale Price: $250,000
Max Sale Price: $1,100,000
Med Sale Price: $385,000
Date: Jun 2026
Sales: 49
Avg $ Per SqFt: $
Min Sale Price: $275,000
Max Sale Price: $1,574,000
Med Sale Price: $559,000
Date: May 2026
Sales: 41
Avg $ Per SqFt: $
Min Sale Price: $180,000
Max Sale Price: $1,500,000
Med Sale Price: $595,000
Date: Apr 2026
Sales: 100
Avg $ Per SqFt: $
Min Sale Price: $175,000
Max Sale Price: $1,250,000
Med Sale Price: $516,500
Date: Mar 2026
Sales: 84
Avg $ Per SqFt: $
Min Sale Price: $225,000
Max Sale Price: $1,535,000
Med Sale Price: $541,000
Date: Feb 2026
Sales: 50
Avg $ Per SqFt: $
Min Sale Price: $299,999
Max Sale Price: $2,225,000
Med Sale Price: $569,500
Date: Jan 2026
Sales: 45
Avg $ Per SqFt: $212.77
Min Sale Price: $90,000
Max Sale Price: $2,400,000
Med Sale Price: $530,000
Date: Dec 2025
Sales: 24
Avg $ Per SqFt: $188.41
Min Sale Price: $345,000
Max Sale Price: $1,130,000
Med Sale Price: $484,500
Date: Nov 2025
Sales: 48
Avg $ Per SqFt: $197.37
Min Sale Price: $2,950
Max Sale Price: $1,535,000
Med Sale Price: $443,750
Date: Oct 2025
Sales: 53
Avg $ Per SqFt: $181.01
Min Sale Price: $195,000
Max Sale Price: $1,675,000
Med Sale Price: $545,000
Date: Sep 2025
Sales: 32
Avg $ Per SqFt: $188.95
Min Sale Price: $165,000
Max Sale Price: $2,614,500
Med Sale Price: $541,975
Sourced by Back At You
Aug 2026
Sales:
1
Avg $ Per SqFt:
$
Min Sale Price:
$261,285
Max Sale Price:
$261,285
Med Sale Price:
$261,285
Jul 2026
Sales:
15
Avg $ Per SqFt:
$
Min Sale Price:
$250,000
Max Sale Price:
$1,100,000
Med Sale Price:
$385,000
Jun 2026
Sales:
49
Avg $ Per SqFt:
$
Min Sale Price:
$275,000
Max Sale Price:
$1,574,000
Med Sale Price:
$559,000
May 2026
Sales:
41
Avg $ Per SqFt:
$
Min Sale Price:
$180,000
Max Sale Price:
$1,500,000
Med Sale Price:
$595,000
Apr 2026
Sales:
100
Avg $ Per SqFt:
$
Min Sale Price:
$175,000
Max Sale Price:
$1,250,000
Med Sale Price:
$516,500
Mar 2026
Sales:
84
Avg $ Per SqFt:
$
Min Sale Price:
$225,000
Max Sale Price:
$1,535,000
Med Sale Price:
$541,000
Feb 2026
Sales:
50
Avg $ Per SqFt:
$
Min Sale Price:
$299,999
Max Sale Price:
$2,225,000
Med Sale Price:
$569,500
Jan 2026
Sales:
45
Avg $ Per SqFt:
$212.77
Min Sale Price:
$90,000
Max Sale Price:
$2,400,000
Med Sale Price:
$530,000
Dec 2025
Sales:
24
Avg $ Per SqFt:
$188.41
Min Sale Price:
$345,000
Max Sale Price:
$1,130,000
Med Sale Price:
$484,500
Nov 2025
Sales:
48
Avg $ Per SqFt:
$197.37
Min Sale Price:
$2,950
Max Sale Price:
$1,535,000
Med Sale Price:
$443,750
Oct 2025
Sales:
53
Avg $ Per SqFt:
$181.01
Min Sale Price:
$195,000
Max Sale Price:
$1,675,000
Med Sale Price:
$545,000
Sep 2025
Sales:
32
Avg $ Per SqFt:
$188.95
Min Sale Price:
$165,000
Max Sale Price:
$2,614,500
Med Sale Price:
$541,975
MLS Number: 10220797
Steve Boysen – (901) 493-0373
Crye-Leike, Inc., REALTORS – (901) 372-3690
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Memphis Area Association of Realtors.