$246,744Average Value$170Average Price per Sq Ft96Homes For Sale
A Memphis neighborhood built on nature
In 1953, while trees were being cut down around Memphis to create neighborhood housing, the developers of Colonial Acres were bringing trees in. The goal was for each home to have at least two oak trees, and it's evident that their vision came to fruition. The natural scenery is enhanced by the community's parks, including Sea Isle Park and Memphis Botanic Gardens. Along with the leafy, suburban atmosphere, homebuyers are drawn to the neighborhood's location in the center of the city. "It has always been the predominant starter-family neighborhood inside the loop," says Ben Parrish, owner of Memphis Home Buyers, who has lived in Colonial Acres since 2012. "It's just so convenient. I can be downtown where there's a lot of nightlife in 20 minutes, and there are probably five grocery stores within a mile-and-a-half radius." The loop refers to the highway system made up of several interstate highways surrounding Memphis, making it easy to get around the city.
Colonial Acres has safe sidewalks making it the perfect walkable neighborhood.
Large single-family home with a greenhouse in the Colonial Acres neighborhood.
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Many mid-century ranch-style homes
Ranch-style houses from the 1950s and '60s are the most common throughout Colonial Acres. There are, however, more modern Colonial Revivals and new traditional houses built between the 1990s and today, along with a few Tudor-style townhouses and condominium communities. The neighborhood's ranch-style homes typically feature built-in garages or carports. They range from 1,000 to 3,600 square feet, selling for $100,000 to $610,000, depending on the size and scope of renovations. The newer houses can be anywhere from 1,600 to 4,000 square feet, with prices ranging from $315,000 to $800,000. Two- to three-bedroom townhouses sell for $175,000 to $350,000, while condos go for around $200,000 to $350,000. Local condominium communities like The Monarch offer a gym, swimming pool and pickleball courts.
Many homes in Colonial Acres offer large front and backyards.
Larger ranch-style home with a long driveway in Colonial Acres.
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Eastgate Shopping Center and Memphis' most prominent donut shop
Locals live right by Eastgate Shopping Center, which offers various retailers, such as Burlington Coat Factory, Michael's and T.J. Maxx. For groceries, The Fresh Market and Kroger are in the same shopping center. There's also a Target and Whole Foods nearby. While the area is full of national chain restaurants, some local favorites stand out, such as Gibson's Donuts, which has served the community since 1967. "Gibson's is notorious," says Parrish. "They arguably have the best doughnuts in the state of Tennessee." Famous for its maple bacon donut, Gibson's stays open from 5 a.m. to midnight daily. Locals also enjoy hanging out at Patrick's, whether to watch sports at the bar or have a homestyle meal on the patio. For dinner and entertainment, residents head to Neil's Music Room to eat while watching live blues and rock music inside or on the patio.
Eastgate Shopping Center in Colonial Acres features big box retailers.
Colonial Acres offers convenient access to shops like Michaels, The Fresh Market, and many more.
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Outdoor recreation at Sea Isle Park
Sea Isle Park features a walkway that wraps around the perimeter. There's a large field in the middle with a disc golf course, a fenced dog park converted from an old baseball field and a playground. Residents can also visit Godwin Park, Willow Road Park, and Marquette Park within the neighborhood. On the neighborhood's west side, Godwin Park features a playground with swings and an open space for multi-sport use, while Willow Road offers ball fields for baseball and softball leagues, and a community pool. Marquette Park is on the north side of Colonial Acres and offers picnic tables, a rental pavilion with a grill and a paved half-mile walking trail.
Children can enjoy playing on the playground at Sea Isle Park.
Have a picnic with the whole family or watch your children play on the play at Sea Isle Park.
Sea Isle Park in Colonial Acres features an 18-hole disc golf course.
Children love swinging on the swingset at Sea Isle Park in Colonial Acres.
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Worldwide foliage at Memphis Botanic Garden
Colonial Acres residents are settled between two major nature centers: Memphis Botanic Garden and Lichterman Nature Center. Memphis Botanic Garden features 30 specialty gardens and hosts an annual summer concert series featuring national touring musicians. 2024 brought acts such as Goo Goo Dolls, Styx and Foreigner. Lichterman Nature Center offers environmental education opportunities, 3 miles of hiking trails and local wildlife viewing at the Backyard Wildlife Center.
Colonial Acres is home to the beloved Memphis Botanic Gardens.
Memphis Botanic Gardens in Colonial Acres features a peaceful Japanese Garden.
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Annual Sea Isle Park events and the Italian Festival
Sea Isle Park hosts annual events for locals to enjoy throughout the year. Whether it's the Sea Isle Park 5K in April, the Fourth of July Parade or the Sea Isle Park Neighborhood Festival in the fall, locals can participate year-round for community fun. Other annual events like the Italian Festival at the end of May takes place at the corner of Park Avenue and features live music, home-made food and encourages locals to participate in team cooking, crafts, and activities to celebrate Italian-American heritage.
The Memphis Italian Festival celebrates Italian-American traditions and culture.
There are many different food and drink options available at the Memphis Italian Festival.
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Creative and Performing Arts program at Overton High
Public school students may attend Sea Isle Elementary School, which earns a C grade from Niche. Colonial Middle School earns a C grade as well. Overton High School gets a C-plus and is designated as a performing arts high school. With the slogan "Creating stars in the classroom and on the stage," Overton High offers many courses through its Creative and Performing Arts program, including theater, visual arts and music.
Overton High School is a public school located in Colonial Acres.
Colonial Middle School offers 9 different sports for students to participate in.
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15 miles to downtown Memphis
Residents of Colonial Acres are primarily car-dependent, and those looking to travel outside of the neighborhood can do so via Interstate 240, which can be taken for a 15-mile drive to downtown Memphis. However, public options provided by the Memphis Area Transit Authority (M.A.T.A), are available on the Park Avenue bus line for Colonial Acres residents. For those traveling longer distances, the Memphis International Airport is 8 miles away.
Colonial Acres has bike lanes for residents to safely ride in the streets.
The Memphis International Airport is conveniently located near Colonial Acres.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this area?
Reach out to
Daniel Johnson,
an experienced agent in this neighborhood.
Parks in this Area
Sea Isle Park
Baseball/Softball
Disc Golf
Dog Park
Marquette Park
Baseball/Softball
Grills
Picnic Area
My Big Backyard
Godwin Park
Soccer
Trails
Playground
Willow Road Park
Baseball/Softball
Basketball
Pool
Gagliano Field
Baseball/Softball
Parking Lot
Transit
Airport
Memphis International
14 min drive
Bus
Willow Rd & Dearing Rd
Bus
Perkins & Perkins Cove
Bus
Cherry & Woodcrest
Bus
Willow Rd & Cherry
Bus
Perkins & Dee
Bus
Park & Estate
Bus
Park & Colonial
Crime and Safety
1 - Low Crime, 10 - High Crime
Colonial Acres
US
Homicide
4
4
Sexual Assault
4
4
Assault with Weapon
4
4
Robbery
4
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
5
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in Colonial Acres, Memphis sell after 60 days on the market compared to the national average of 47 days. The average sale price for homes in Colonial Acres, Memphis over the last 12 months is $246,466, down 3% from the average home sale price over the previous 12 months.
Yorkshire | 4 BR, 2 BA, Updated, 2 Car Garage, Irrigation, Detached Flex Space, Smooth Ceilings. Need I say more? 1500 Hayne is a rare opportunity in one of East Memphis' most established neighborhoods. This thoughtfully updated home features FOUR bedrooms, two renovated bathrooms, smooth ceilings, a NEW AC condenser, and a functional layout (no laundry in the kitchen over here)! The former
This beautiful brick house features 3 bedrooms and 2 full bathrooms, offering a perfect blend of comfort and style. The spacious, fenced back yard includes a covered patio, providing ample outdoor space for relaxation or entertaining. A large storage building adds extra convenience. Inside, the recently renovated kitchen boasts quartz countertops, while LVP and tile flooring throughout the home
Welcome to this beautifully updated 3-bedroom, 1.5-bath home located just a short walk from the serene Sea Isle Park. Freshly painted throughout, this home is move-in ready with a clean, modern feel. You'll love the bright and airy sunroom — perfect for morning coffee, a cozy reading nook, or your favorite plants. The home offers a functional layout with plenty of natural light, comfortable
MOTHER INLAW APARTMENT! The main house features 3 bedrooms, 2 baths, and a spacious family room, offering plenty of space for everyone. The attached mother-in-law suite includes its own living room, eat-in kitchen, 1 bedroom, and 1 full bath, providing privacy and independence. Alternatively, this versatile property could function as a single home with 2 primary bedrooms and abundant family
Investor Alert: This Duplex located in the Sea Isle/Park area is part of a larger portfolio of 25 properties offered in the Memphis area. Each side of duplex is a 2 bed, 1.5 bath. Currently rented with long term tenant. Seller will sell properties as a package or in various smaller packages.
Colonial acres at its finest! This beautiful ranch has a cozy cottage feel from the second you open the door. Renovation in 2016. Stunning granite in the kitchen and bath. Upscale appliances. Hardwood refinished floors in pristine condition. Fully open concept. New custom kitchen cabinets. Updated bathroom. Custom ceiling fans, Home is in excellent condition **as is sale** seller will not make
Great location in East Memphis. 2 bedroom, 1.5 baths.Upstairs. All on one floor. Refrigerator, Stove, Washer/Dryer included. New HVAC. New water heater. New carpet. Convenient to shopping, restaurants, I-240. Community pool, Clubhouse facility available. $1400 per month with one year lease. Deposit $500. Move in ready.
Feel at home in this spacious ranch-style home located on the east side of Memphis. Accommodating up to 12 guests, this home features four bedrooms, two bathrooms, a fully equipped kitchen, a fenced backyard, and onsite laundry. Enjoy easy access to major roads, restaurants, and groceries, with Shelby Farms Park and downtown Memphis just 20 minutes away.Enter through the carport door using a
**HALF OFF FIRST MONTH RENT** A Beautiful House with 3 bedroom | 1 bathroom. Freshly painted walls, hardwood flooring, newly updated kitchen with refrigerator. Memphis Fire Station, and Marian Hale Community Center are just around the area. Schedule a viewing now and apply!!
Interested in learning more about homes in this area?
Reach out to
Daniel Johnson,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
13,651
Median Age
38
Population Density
5 ppl/acre
Population under 18
23.1%
On par with the national average
23.8%
Population over 65
18%
On par with the national average
19.1%
Finances
Median Household Income
$73,172
On par with the national average
$71,702
Average Household Income
$90,640
Education and Workforce
High School Graduates
93.6%
College Graduates
48.2%
Above the national average
34.1%
Advanced Degrees
18.3%
% Population in Labor Force
70.2%
Above the national average
65.1%
Weather
Annual Precipitation
55''
Average Winter Low Temperature
34°F
Average Summer High Temperature
92°F
Annual Snowfall
0''
Area Factors
Somewhat Bikeable
Bike Score®
43/ 100
Car-Dependent
Walk Score®
43/ 100
Minimal Transit
Transit Score®
22/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
