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Shady Grove Homes for Sale

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  • /34

    $355,000

    $22K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 3,180 Sq Ft

    7038 Baintree Cove, Memphis, TN 38119

    If your family is in need of space, don't miss this house! Room for everyone! Two bedrooms down, three bedrooms up.(note room sizes!) This home has 3 full baths. Kitchen has new dishwasher and a double oven range. Relax in the sunroom that has sliding windows (that come with a warranty). Entertain and cookout on the covered back porch and huge covered deck. Private fenced yard with a storage

    Agent Photo

    Sherry Hulen

    Crye-Leike, Inc., REALTORS

    (901) 657-4355

    7038 Baintree Cove, Memphis, TN 38119
  • /24

    $245,900

    • 3 Beds
    • 2.5 Baths
    • 1,646 Sq Ft

    7027 Boxborough Cove, Memphis, TN 38119

    This well-maintained home is tucked away in a quiet cove in a highly convenient East Memphis location, just minutes from shopping, restaurants, and easy access to I-385. The sellers have lovingly cared for this home for over 20 years. Inside, you’ll find a spacious living room with high ceilings that create an open and inviting atmosphere. The large garage includes an additional storage room for

    Jason Gao Pinnacle Realty

    7027 Boxborough Cove, Memphis, TN 38119
  • /40

    $595,000

    Open Sat 2PM - 4PM $4K PRICE DROP
    • 5 Beds
    • 4.5 Baths
    • 5,063 Sq Ft

    6597 Heronswood Cove, Memphis, TN 38119

    Welcome to this stunning 5-bedroom, 4.5-bath home in one of Memphis’ most sought-after gated communities! Combining space, elegance, and functionality, this exceptional home is designed to impress from the moment you walk in. The heart of the home is a true chef’s kitchen featuring a gas range and double ovens, perfect for entertaining or everyday living. The open-concept layout flows into

    Pam Beall Crye-Leike, Inc., REALTORS

    6597 Heronswood Cove, Memphis, TN 38119
  • /40

    $527,900

    $22K PRICE DROP
    • 4 Beds
    • 3.5 Baths
    • 3,630 Sq Ft

    7455 Wood Rail Cove, Memphis, TN 38119

    Sellers offering $7000 towards buyers closing costs! Well-maintained & thoughtfully updated, this home near Germantown offers peace of mind with a transferable home warranty through March 2028. Major improvements include roof (2019), all new windows (2024), leaf guard gutters (2024), and new downstairs HVAC unit (2025) Inside, you’ll find fresh updates throughout with most rooms painted in 2024,

    Catherine Horton Crye-Leike, Inc., REALTORS

    7455 Wood Rail Cove, Memphis, TN 38119
  • /40

    $1,500,000

    • 5 Beds
    • 5.5 Baths
    • 5,241 Sq Ft

    2474 Allelon Cir E, Germantown, TN 38138

    Wow! What a find! Situated in a gated community with a convenient-to-everything location. This home is a blank canvas that has been so gently lived in that it shows like brand new construction. With a primary up and a primary down, this one lends itself beautifully to a variety of needs, including multigenerational living. Home boasts 5 large BRs (2 down), all with ensuites and walk-in closets.

    Mary Jeffrey Crye-Leike, Inc., REALTORS

    2474 Allelon Cir E, Germantown, TN 38138
  • /16

    $269,900

    • 4 Beds
    • 2.5 Baths
    • 1,955 Sq Ft

    6751 Bainbridge Dr, Memphis, TN 38119

    Welcome home to this beautifully maintained four-bedroom residence nestled in the established and sought-after neighborhood of Andover. From the moment you enter, you’re greeted by a spacious living room and formal dining area—perfect for both everyday living and entertaining. The heart of the home features an updated kitchen that flows seamlessly into a warm and inviting hearth room, creating an

    Kenya Harrison Infinity Group REALTORS, Inc.

    6751 Bainbridge Dr, Memphis, TN 38119
  • /21

    $275,000

    • 3 Beds
    • 2 Baths
    • 1,725 Sq Ft

    7188 Skidmore Cove, Memphis, TN 38119

    OPEN HOUSE Saturday, 5/16 from 2-4pm! This excellently maintained, single-level residence is perfectly situated in a picturesque cove. The location simplifies commuting, with quick access to major thoroughfares. The highly functional floor plan includes three bedrooms and two full baths. The primary suite is generously sized, featuring a large walk-in closet and abundant storage. Striking curb

    Scott Perryman The Porter Group

    7188 Skidmore Cove, Memphis, TN 38119
  • /20

    $125,000

    • Land
    • 5,662 Sq Ft
    • $961,538 per Acre

    6650 Wynne Oak Cove, Memphis, TN 38119

    Tucked away in an East Memphis/Germantown area Gated Community! One of the last lots left in Ivy Grove Subdivision! Excellent Builder if you want to custom build your Dream Home or just want to secure this beautiful lot and build later. Lots of options to live in this Beautiful, Quaint Gated Ivy Grove Community! Call Today for your Private Viewing!

    Lynn Pfund Crye-Leike of Nashville, Inc.

    6650 Wynne Oak Cove, Memphis, TN 38119
  • /22

    $195,000

    $4K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,161 Sq Ft

    2978 Millers Pond Dr, Memphis, TN 38119

    Completely renovated and move-in ready, this beautifully updated 2-bedroom home offers effortless living in a secure gated community. Every detail has been thoughtfully refreshed, creating a modern, stylish space perfect for comfortable everyday living or a low-maintenance lifestyle. Enjoy the rare opportunity of an assumable FHA mortgage with an interest rate below 3%, providing significant

    Channing Shaw Emmett Baird Realty, LLC

    2978 Millers Pond Dr, Memphis, TN 38119
  • /40

    $1,425,000

    • 5 Beds
    • 5.5 Baths
    • 4,872 Sq Ft

    7069 Allelon Cir S, Germantown, TN 38138

    Elegant home in an unbeatable location! Welcome to the gated community of Allelon in Germantown! This 5 bed, 5.5 bath home is packed with upgrades – just look at those finishes! The inviting entry opens to the great room & chef’s kitchen with custom cabinets to the ceiling (11 feet high), kitchen island, appliances, custom tile, upgraded light fixtures, separate butler’s pantry, and additional

    James Powers Powers Realty, LLC

    7069 Allelon Cir S, Germantown, TN 38138
  • /40

    $1,399,000

    • 5 Beds
    • 4.5 Baths
    • 5,168 Sq Ft

    2487 Allelon Bend Ln, Germantown, TN 38138

    Nestled behind the gates of one of Germantown’s most prestigious communities, this exceptional home blends timeless elegance with modern luxury. Beautiful hardwood floors, soaring ceilings, and abundant natural light create a warm and inviting atmosphere throughout. The thoughtfully designed floor plan offers spacious living areas ideal for both everyday living and entertaining. The gourmet

    Anna Bishop Crye-Leike, Inc., REALTORS

    2487 Allelon Bend Ln, Germantown, TN 38138
  • /2

    $119,000

    • 2 Beds
    • 1.5 Baths
    • 1,050 Sq Ft

    7013 Crestridge Rd, Memphis, TN 38119

    Investor Special – Seller Motivated! Great opportunity for an investor . Ideal fix-up property with strong upside potential in East Memphis. Add to your rental portfolio or renovate for resale. Sold as-is. Bring offers!

    Jim Norman Keller Williams

    7013 Crestridge Rd, Memphis, TN 38119

Why Live in Shady Grove

Shady Grove is an East Memphis neighborhood that offers spacious suburban living with the convenience of city amenities. The area is characterized by its large, well-maintained lots with homes in midcentury modern, ranch and neo-colonial styles. Townhouses and condos with amenities like fitness rooms and outdoor pools are also an option here. Shady Grove has no shortage of recreation and Shelby Farms Park is a huge draw for residents. The park extends over 4,400 acres with places to boat, bike, hike and bring the kids to the playground. The Kirby Gate shopping center is in the neighborhood and has stores like Kroger and Walgreens. Restaurants are also in the development, including local favorites like Los Cabos Mexican Bar and Grill. Dining and shopping options line Poplar Avenue nearby, including local favorites like Bog and Barley. Nearby big box stores include Target and Best Buy. Interstate 240 and Bill Morris Parkway connect residents to neighboring communities and Downtown Memphis, 18 miles away. Buses through the Memphis Area Transit Authority, with stops on Poplar Avenue, also support daily commutes.

Frequently Asked Questions

Is Shady Grove a good place to live?
Shady Grove is a good place to live. Shady Grove is considered somewhat walkable and somewhat bikeable with minimal transit options. Shady Grove has 8 parks for recreational activities. It is sparse in population with 1.0 people per acre and a median age of 38. The average household income is $89,286 which is below the national average. College graduates make up 42.8% of residents. A majority of residents in Shady Grove are renters, with 54% of residents renting and 46% of residents owning their home. A local real estate agent serving Shady Grove can help you decide if this neighborhood is the right one for you. Learn more on our Shady Grove neighborhood guide.
Is Shady Grove, TN a safe neighborhood?
Shady Grove, TN is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Shady Grove?
The median home price in Shady Grove is $245,900. If you put a 20% down payment of $49,200 and had a 30-year fixed mortgage with an interest rate of 6.48%, your estimated principal and interest payment would be $1,240 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $53K a year to afford the median home price in Shady Grove. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Shady Grove is $89K.
What are the best public schools in Shady Grove?
The best public schools that serve Shady Grove are:
What are the best private schools in Shady Grove?
The best private schools that serve Shady Grove are:
  • Hutchison School has an A+ Niche grade, a student teacher ratio of 7:1 and an average review score of 4.6.
  • Memphis University School has an A+ Niche grade, a student teacher ratio of 7:1 and an average review score of 4.5.
  • Westminster Academy has an A- Niche grade, a student teacher ratio of 7:1 and an average review score of 4.0.
What are the most popular zip codes in Shady Grove, Memphis, TN?
The most popular zip codes in Shady Grove, Memphis, TN include 38119, 38115, 38138, 38125 and 38141.
What are the most popular neighborhoods near Shady Grove, Memphis, TN?
The most popular neighborhoods near Shady Grove, Memphis, TN are Keswick-Stornaway, Hickory Hill, Southern Shelby County, Greentrees and English Meadows.

Shady Grove Home Prices vs. Nearby Memphis, TN Neighborhoods

Shady Grove Southern Shelby County Colonial Acres Chickasaw Gardens
Median Home Price
$245,900
$315,000
$215,000
$295,000
Median Sale Price
$230,000
-15% YoY
$297,000
-1% YoY
$195,000
-2% YoY
$265,000
-5% YoY
Median Single Family Price
$242,900
$299,000
$201,000
$272,000
Median Townhouse Price
$215,950
$537,450
--
$375,000
Median Condo Price
$128,000
$651,000
$232,000
$225,000
Total Active Listings
10
69
78
80
Market Conditions
2 Months
Seller's Market
2 Months
Seller's Market
4 Months
Balanced Market
4 Months
Balanced Market
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