4741 Carousel Ln, Collierville, TN 38017
OFF MARKET

$732,800

Trulia Estimate
as of Sep 5, 2026
  • 5 Beds
  • 4.5 Baths
  • 4,086 sqft

4741 Carousel Ln, Collierville, TN 38017

Home Highlights

Single-Family Home
4,086 sqft
$179/sqft
Attached Garage

Local Information

  • Map ViewExplore the area around 4741 Carousel Ln.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

Gorgeous Executive home ready for occupancy in mid-June timeframe. Excellent neighborhood. Some homes check the boxes this one rewrites the list. 4741 Carousel Lane offers rare main-level living with four spacious bedrooms down, including a serene primary suite and a private wing designed for flexibility quiet mornings, visiting guests, or space that adapts as life evolves. From elegant coffered ceilings to a custom kitchen built for real cooking and connection, every corner invites you to slow down and stay awhile. Amazing 5 bedroom, 1 rec room, 1 Media room, 4.5 bathroom house in Collierville. Amenities included: central air, central heat, stainless steel appliance, washer and dryer updated kitchen with chef's appliances, updated bathroom, storage, . Renter pays all Utilities. Whether hosting dinner, relaxing outdoors, or growing within a top-rated school district. Near to Hinton Park, near to 385 access.

Tenant pay for all utilities - Water, Electricity, Gas, Lawn Maintenance, Pest control. No smoking in the house. Only small dog.
4741 Carousel Ln, Collierville, TN 38017 is a 5 bedroom, 5 bathroom, 4,086 sqft single-family home. It last sold for $650,000 on Mar 31, 2021 (12,400% above the $5,200 asking price). More recently, it was listed as a rental in August 2025 with an asking price of $4,950 per month. That rental listing was removed on October 13, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $732,800, with a rent estimate of $5,222/month.

Home Details for 4741 Carousel Ln

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: Air Conditioner, Central AirHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Exterior Features

Parking & Garage
Parking: Attached, On Site

Comparable Sales for 4741 Carousel Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
4711 Carousel Ln, Collierville, TN
0.06
Single-Family Home
$792,500
05/01/26
5
4.5
4,209 sqft
4758 Carousel Ln, Collierville, TN
0.05
Single-Family Home
$849,000
01/08/26
5
4.5
4,077 sqft
4728 Magnolia Park Cir W, Collierville, TN
0.05
Single-Family Home
$835,000
08/04/26
5
4.5
4,657 sqft
4766 Carousel Ln, Collierville, TN
0.06
Single-Family Home
$850,000
12/03/25
5
4.5
4,772 sqft
4759 Magnolia Park Cir W, Collierville, TN
0.08
Single-Family Home
$875,000
01/02/26
5
4.5
5,000 sqft
4597 Whisper Springs Dr, Collierville, TN
0.30
Single-Family Home
$575,000
06/02/26
5
5
4,500 sqft
10767 Magnolia Park Cir S, Collierville, TN
0.15
Single-Family Home
$1,183,471
12/02/25
5
4.5
5,133 sqft
10835 Whisper Hollow Cv, Collierville, TN
0.40
Single-Family Home
$600,000
06/05/26
5
4.5
4,122 sqft
4597 Whisper Spring Dr, Collierville, TN
0.30
Single-Family Home
$575,000
05/26/26
5
5
4,891 sqft
10731 Whisper Sage Dr, Collierville, TN
0.43
Single-Family Home
$639,000
07/02/26
5
4
3,860 sqft

Nearby homes

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Rental Market Trends in Collierville

Last updated Sep 2026
Trulia Rent Estimate$5,222/mo
Average rent
$2.65K
$77MoM
Available listings
99
View rental market trends in Collierville, TN

Around this home

What Locals Say about Collierville

At least 236 Trulia users voted on each feature.

  • 92 % Say car is needed

  • 92 % Say it's dog friendly

  • 90 % Say parking is easy

  • 86 % Say yards are well-kept

  • 84 % Say there are sidewalks

  • 82 % Say streets are well-lit

  • 80 % Say people would walk alone at night

  • 78 % Say there's holiday spirit

  • 78 % Say it's quiet

  • 77 % Say kids play outside

  • 58 % Say neighbors are friendly

  • 57 % Say they plan to stay for at least 5 years

  • 53 % Say there's wildlife

  • 40 % Say there are community events

  • 22 % Say it's walkable to restaurants

  • 16 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Jeff Wallace
    "Well maintained neighborhood. Neighbors stop to talk with each other when out walking. Good city services, great police department. Houses hold their value very well. Within 5 minutes to anything I need. "
    0
    Flag
  • Trulia User
    "I have lived in this neighborhood for 30 years.. it is a great place to live and raise a family. Good people"
    0
    Flag
  • J. Wallace
    "Dogs are welcome but owners are expected to clean up after their dogs. Dogs are required to be on a leash. "
    0
    Flag
  • Geronimo Casseres
    "Beautiful neighborhood outside of Memphis and it feels totally different. Super secure and police officers are always on guard "
    0
    Flag
  • Lannie Abernathy
    "We have a great Halloween night and the neighbors all know each other and watch out for each other’s homes. "
    0
    Flag
  • Lannie Abernathy
    "All of the holidays are fun but Halloween is so much fun. We have hundreds of kids that come through our neighborhood and all of the neighbors set outside and greet the families."
    0
    Flag
  • Rob Spokane
    "I work remote now so know issues, but even before we are close to major expressways and roads and can get to major job areas within 30 minutes."
    0
    Flag
  • Fuzzywuzzy57
    "I just know that the fabulous area of this town is very busy and bustling with business and opportunities. "
    0
    Flag
  • Lannie Abernathy
    "We have lots of dogs, it is a very pet friendly neighborhood. We have the best veterinarian clinic in the middle of our neighborhood."
    1
    Flag
  • Adlaijohnsonjr
    "People are fairly friendly and don't mind helping each other. I've been here for 8 years and it is great. "
    0
    Flag
  • Karunya D.
    "There are many families in the neighborhood and it’s very safe place to raise kids . It’s quiet and clean . And the community really care about each other."
    5
    Flag
  • Karunya D.
    "There is no public transportation for my daily commute I am driving 2 hrs everyday to my office commute but Collierville is good for living and I recently moved here so i am not sure much about this new place lot of places to shop and dine in"
    7
    Flag
  • Bgrisanti10
    "Congested but traffic moves steadily during rush hour. Otherwise it’s centrally located to food and shopping. "
    3
    Flag
  • Wendy
    "For the most part it’s a friendly community of a lot of upper middle class families . I can’t speak as to what would be important for parents to know as I already raised a child before moving here . There are a LOT of kids here though "
    4
    Flag
  • Morganj
    "Pleasant. Drive to Cordova with minimal traffic. Collierville is close to a lot had has access to 385 which makes commuting easy. "
    4
    Flag
  • Susan P.
    "Everyone is very friendly and keeps an eye out on one another’s property, while respecting their privacy. Lots of kids- Mostly private school. Greenbelt trail in the neighborhood is great for biking, walking or running. Several lakes for fishing. "
    5
    Flag
  • Melissamarino033
    "The neighborhood is very clean, friendly, and a sense of family. There are events at the town square that are free to the public and inviting. "
    0
    Flag
  • Melissamarino033
    "Town square with many events from music to food trucks. Many parks and close to Memphis for a larger amount of things to do "
    0
    Flag
  • Mercy_gordils
    "Feels like a very safe neighborhood. A lot of stores and shopping centers. It is very clean. Streets are well maintained "
    4
    Flag
  • Turnnburn1262
    "This neighborhood is very safe patrolled often by police to ensure the safety There’s a lot of families in the neighborhood with lots of children"
    3
    Flag
  • Johncnester
    "Mostly subdivisions with fenced yards and plenty of sidewalks. Not the ideal place for a dog that doesn’t do well in the heat."
    1
    Flag
  • Watsongk2
    "You will need a car in this area public transportation is not readily available. The neighborhood is nice with friendly neighbors. Safe for kids"
    3
    Flag
  • Jtindall85
    "Great access easy to meet all of your needs. Back roads to bypass traffic. Many stores and the square is great. "
    0
    Flag
  • Prasannakakumanu9
    "No public transport at all i used to carpool 2 years ago and bought my own vehicle. People walk to vlose by FedEx Wtc office. "
    1
    Flag
  • Liv T.
    "Plenty of things to do on the Collierville Town Square, as well as nice local parks. Collierville is a safe and friendly community overall. "
    0
    Flag
  • Kc
    "I have lived here for ten years. I wish we had sidewalks. I wish we had a safe way to bike to the greenway. but we do have large lots and limited access. "
    0
    Flag
  • G$
    "Dogs are everywhere. Big fenced in yards and lots of sidewalks. There are parks to run and play in and everyone is friendly. "
    0
    Flag
  • Renee J.
    "Great crime free town and great homes and great place to raise a family. Best High School inTennessee. Cost 200 million like a university! Lots of shops and restaurants too. Plus a great town square and great children sports activities leagues Abd great parks. "
    2
    Flag
  • Kc
    "Large lots, every house is different, many different age groups. People from lots of different areas of the country. Close to groceries, some restaurants, nice schools, health clubs and golf and many parks and trails. "
    0
    Flag
  • Kalpesh Bhatt
    "Been living here for a year. It is a good neighborhood. It has a good school district. Thats about it"
    0
    Flag
  • Joanfisher2215
    "Nice people. Beautiful houses. Low crime. Easy access to Memphis. Schools are probably the biggest attraction."
    0
    Flag
  • Kc
    "good schools, parks,and athletic programs. there is a ymca and it seems there are mother's day out programs and daycare options. "
    0
    Flag
  • Stevenson W.
    "Great community love staying here and want to continue to live out here. Quiet, nice, simple and peaceful "
    1
    Flag

LGBTQ Local Legal Protections

Price and Tax history

DateEventPrice
Oct 13, 2025
Source: MAAR #10203800
ListingRemoved
$4,590
Sep 10, 2025
Source: MAAR #10203800
PriceChange
$4,590
Price decreased by 7%
Aug 18, 2025
Source: MAAR #10203800
Listed For Rent
$4,950
Aug 18, 2025
Source: MAAR #10199487
ListingRemoved
$835,000
Aug 1, 2025
Source: MAAR #10199487
PriceChange
$835,000
Price decreased by 1%

Frequently asked questions about 4741 Carousel Ln

  • What is 4741 Carousel Ln estimated to be worth?
    Trulia's estimated value for 4741 Carousel Ln in Collierville, TN is $732,800.
  • What is the price history for 4741 Carousel Ln?
    4741 Carousel Ln in Collierville, TN last sold for $650,000 in March 2021.
  • Is Collierville a buyer's or seller's market?
    Collierville is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Collierville?
    The median sale price in Collierville is $511K. That is down $7.5K from the prior month.
  • Does 4741 Carousel Ln have air conditioning?
    Yes, 4741 Carousel Ln in Collierville, TN has air conditioning.
  • Does 4741 Carousel Ln have laundry facilities?
    Yes, 4741 Carousel Ln in Collierville, TN has in-unit laundry.

Homes for rent near 4741 Carousel Ln

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Affordability

TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.
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