1397 CENTRAL AVE, Memphis, TN 38104 (MLS # 10209042)
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Live, celebrate, and make history at Ashlar Hall a true Memphis' Castle. Set in Central Gardens, this National Register landmark (1896) blends storybook stone architecture with a fresh, full renovation for modern events or refined private living. Behind the crenellated façade, grand rooms, period millwork, and sweeping bay windows create unforgettable backdrops for weddings, galas, and brand experiences.11,114± SF on 0.79 acre with 40 on-site spaces provides rare Midtown capacity and convenience. Recent filings reference life-safety upgrades for event use; buyer to verify approvals/conditions. A once-in-a-generation opportunity to own Memphis' most photogenic address, an instantly marketable venue or an incomparable city estate. Shown by appointment only.
| DAYS ON MARKET | 124 | LAST UPDATED | 2/26/2026 |
|---|---|---|---|
| TRACT | UNIVERSITY TOWER | YEAR BUILT | 1897 |
| COMMUNITY | Central Gardens | COUNTY | Shelby |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Dec 10, '25 | $3,000,000 |
|---|---|
| Dec 10, '25 - Feb 26, '26 | $2,750,000 |
| Feb 26, '26 - Today | $2,500,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Central Gardens |
| BASEMENT | Finished, Unfinished, Yes |
| CONSTRUCTION | Stone |
| FIREPLACE | Yes |
| HEAT | Central |
| INTERIOR | High Ceilings, Vaulted Ceiling(s), Wet Bar |
| LOT | 0.79 acre(s) |
| LOT DESCRIPTION | Level |
| PARKING | Driveway, Parking Lot, Gated |
| POOL DESCRIPTION | None |
| STORIES | 3 |
| STYLE | Other |
| SUBDIVISION | UNIVERSITY TOWER |
| TAXES | 2026 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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