For sale

Price cut: $20K (8/3)

$729,000

12525 Walnut Grove Rd, Collierville, TN 38017

4beds

4,623sqft

$4,731/mo

Get pre-qualified

Single Family Residence

Built in 1998

2.47 Acres Lot

$710,100 Zestimate^®

$158/sqft

$50/mo HOA

What's special

Home officeExercise roomSeparate patioCovered porchNewer roofStorage roomModern kitchen

Looking for a large home with privacy and no city taxes? At the end of the day, just imagine watching the deer and other wildlife play in your back yard. North of Collierville, just past Spring Creek Ranch lies the luxurious enclave of Monterey Farms. Custom built on 2.47 acres & bordered by woods on 3 sides, this stately home offers 4 bedrooms (2 down), 3.5 baths, modern kitchen, dining room, living room, hearth room, sweeping grand staircase in the front, second stairs in the back, home office, large bonus, storage room, exercise room, 3 fireplaces, walk-in attic, 2 car attached garage and extra 2 car detached garage that is heated/cooled with additional overhead storage, covered porch and separate patio. Newer roof & 3 newer HVAC systems. Central vac. Wine Chiller. Refrigerator & washer/dryer stays. One year Home Warranty. Great spot on the back of the property for a vegetable garden or tennis court.

97 days
410
21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Rooms

Room types: Play Room, Bonus Room, Office/Sewing Room, Attic

Primary bedroom

Features: Walk-In Closet(s), Fireplace, Carpet
Level: First
Area: 323
Dimensions: 17 x 19

Bedroom 2

Features: Carpet
Level: First
Area: 176
Dimensions: 11 x 16

Bedroom 3

Features: Walk-In Closet(s), Shared Bath, Carpet
Level: Second
Area: 210
Dimensions: 14 x 15

Bedroom 4

Features: Walk-In Closet(s), Shared Bath, Carpet
Level: Second
Area: 192
Dimensions: 12 x 16

Primary bathroom

Features: Double Vanity, Whirlpool Tub, Separate Shower, Full Bath

Dining room

Features: Separate Dining Room
Area: 208
Dimensions: 13 x 16

Kitchen

Features: Breakfast Bar, Separate Breakfast Room, Pantry, Kitchen Island, Washer/Dryer Connections
Area: 154
Dimensions: 11 x 14

Living room

Features: Separate Living Room
Area: 221
Dimensions: 13 x 17

Office

Level: First
Area: 187
Dimensions: 11 x 17

Bonus room

Area: 340
Dimensions: 17 x 20

Den

Area: 380
Dimensions: 19 x 20

Heating

Central, Natural Gas, 3 or More Systems

Cooling

Central Air, 3 or More Systems, 220 Wiring

Appliances

Included: Gas Water Heater, Vent Hood/Exhaust Fan, Range/Oven, Double Oven, Cooktop, Disposal, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Laundry: Laundry Room

Features

1 or More BR Down, Primary Down, Luxury Primary Bath, Double Vanity Bath, Separate Tub & Shower, Full Bath Down, Half Bath Down, Tri-Bath, High Ceilings, Walk-In Closet(s), Central Vacuum, Rear Stairs to Playroom, Living Room, Dining Room, Kitchen, Primary Bedroom, 2nd Bedroom, 1/2 Bath, 2 or More Baths, Laundry Room, Keeping/Hearth Room, 3rd Bedroom, 4th or More Bedrooms, 1 Bath, Bonus Room, Storage, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
Flooring: Part Hardwood, Part Carpet, Concrete
Attic: Walk-In
Number of fireplaces: 3
Fireplace features: Living Room, In Den/Great Room, Primary Bedroom

Interior area

Total interior livable area: 4,623 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 4
Parking features: More than 3 Coverd Spaces, Garage Door Opener, Garage Faces Side
Has garage: Yes
Covered spaces: 4

Features

Stories: 2
Patio & porch: Porch, Patio, Covered Patio
Pool features: None
Has spa: Yes
Spa features: Whirlpool(s), Bath

Lot

Size: 2.47 Acres
Dimensions: 107400 SF 227 x 452
Features: Wooded, Some Trees, Wooded Grounds

Details

Parcel number: D0223Y A00026

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Brick Veneer
Foundation: Slab
Roof: Composition Shingles

Condition

New construction: No
Year built: 1998

Details

Warranty included: Yes

Utilities & green energy

Sewer: Septic Tank
Water: Public

Community & HOA

Community

Security: Security System, Smoke Detector(s), Monitored Alarm, Burglar Alarm, Fire Alarm, Monitored Alarm System, Dead Bolt Lock(s)
Subdivision: Monterey Farms Subd Phase 1

HOA

Has HOA: Yes
HOA fee: $600 annually

Location

Region: Collierville

Financial & listing details

Price per square foot: $158/sqft
Tax assessed value: $720,000
Annual tax amount: $4,842
Price range: $729K - $729K
Date on market: 6/5/2026
Cumulative days on market: 97 days
Listing terms: Conventional,FHA,VA Loan

Estimated market value

$710,100

$675,000 - $746,000

$4,640/mo

Price history

Date	Event	Price
8/3/2026	Price change	$729,000-2.7%$158/sqft
Source: MAAR #10223207 Report a problem
6/5/2026	Listed for sale	$749,000+25%$162/sqft
Source: MAAR #10223207 Report a problem
9/9/2004	Sold	$599,000+704%$130/sqft
Source: Public Record Report a problem
11/12/1998	Sold	$74,500$16/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,842 +16.1%	$180,000 +46.3%
2024	$4,172	$123,075
2023	$4,172	$123,075
2022	--	$123,075
2021	--	$123,075 +14.5%
2020	$4,352	$107,450
2019	$4,352	$107,450
2018	$4,352 -1.5%	$107,450
2017	$4,416 -2.9%	$107,450 +3.2%
2016	$4,550	$104,125
2014	--	$104,125
2013	--	$104,125 -0.8%
2012	--	$105,000 -22%
2011	--	$134,650
2010	--	$134,650
2009	--	$134,650 -6.8%
2008	--	$144,550
2007	--	$144,550
2006	--	$144,550 +16.9%
2005	--	$123,650 +4.9%
2004	--	$117,825
2003	--	$117,825
2002	--	$117,825
2001	--	$117,825 +258.4%
2000	--	$32,875