Regional Spotlight: Memphis, TN

Can you spot the $207,744 difference between these identical homes?

Financing is the difference!

Get the details in The 62+ Loan Homebuyers Guide.

55places Mortgage is a joint venture between Mutual of Omaha Mortgage and 55places.com.
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Memphis, tucked into the southwestern corner of Tennessee, is a popular place for active adults looking to be near a rich history, thriving music scene, and scenic outdoor spots. Even better, settling down here means living in a mild but seasonal climate. Average winter temperature dropping down to 41 degrees, with the temperatures in the summer reaching around 81 degrees.

America’s Music Capital

Memphis is a city defined by its musical roots. Memphis is steeped in music history, from the historic Sun Studios where Johnny Cash, Carl Perkins, and Elvis recorded some of their most famous albums, to the Stax Museum of American Soul, and Elvis’ famous home, Graceland. You also can’t forget the legendary Beale Street, where you can find clubs brimming with signature drinks, good times, and great blues music.

Although Memphis is known for its music, it also has a whole lot more.

A City of History

Located along the Mississippi River in the southwestern corner of Tennessee, Memphis has an estimated population of more than 652,000. The city played a major role in the Civil Rights Movement and is home to the National Civil Rights Museum. Located in the former Lorraine Motel, the site of Martin Luther King’s 1968 assassination, the museum is carefully preserved and an important visit for American history buffs.

Other museums of interest are the Metal Museum devoted to metalsmiths and the art they create with, you guessed it, metal. Another art museum with an impressive collection of diverse art is the Brooks Museum of Art. The Dixon Gallery & Gardens is both an art museum and a 17-acre public garden. The Cotton Museum isn’t an art museum, but rather a museum devoted to the history of Memphis’ Cotton Exchange.

Sports and Games

If museums don’t excite you, then maybe the city’s NBA basketball team, the Memphis Grizzlies will. If watching isn’t really your thing, the area is home to over 50 golf courses. Some of the highest rated courses are Tunica National Golf and Tennis, Forest Hills Golf Course, and Miramichi Golf Course.

55+ Communities 

When it comes to places to live, the Memphis area has three age-restricted and active lifestyle communities.

Sterling Place

Sterling Place is located in nearby Lakeland and offers 120 single-family homes with attached garages ranging in price from low $100s to the mid $200s. Amenities include walking and biking trails, scenic ponds, and green spaces.

The Oaks at Woodchase

The Oaks at Woodchase in Cordova offers 108 attached homes in four distinct floor plans ranging from mid $100s to the low $200s. Residents here enjoy a maintenance-free lifestyle that allows them the luxury of spending more time hanging out at the community pool and clubhouse.

The Village at Schilling Farm

Within the Memphis metro area in Collierville, The Village at Schilling Farm is an intimate community of 58 attached homes with spacious living rooms, walk-in closets, and energy-saving features that are priced from the low $200s to the mid $200s.

If you’re looking for an active-adult lifestyle that includes sports, shopping and plenty of cultural and intellectual activities, Memphis might be the place for you.

Can you spot the $207,744 difference between these identical homes?

Financing is the difference!

Get the details in The 62+ Loan Homebuyers Guide.

55places Mortgage is a joint venture between Mutual of Omaha Mortgage and 55places.com.
Details here.

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I agree that 55places and its affiliates, partner providers or agents may call, text, or email me about my inquiry, which may be made with automated means. I understand that my consent is not a prerequisite for buying a property. I may revoke my consent at any time by contacting optout@55places.com. Message/data rates may apply. I also agree to 55places.com’s Privacy Policy and Terms of Use.

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About 55places

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