For decades, Spring Mill Farm has reigned among the Mid-South's finest equestrian estates and stands as the largest in the Memphis area. The lighted indoor arena offers Macro Air fans and an elegant, climate-controlled viewing lounge. Refined barns feature generous premium stalls, climate-controlled office and tack rooms, medicine and feed rooms, wash stalls, a TheraPlate. Four Board-fenced paddocks, an equine treadmill and rehab and therapeutic turnout areas elevate equine care. A newly built groundskeeper residence, an apartment, camper hookups, a hay barn and room for more barns to be added. A rare versatility. Equipment conveys. This Property and Business is being sold together, currently at a 6.28% Cap Rate. Financials Provided to serious Buyers please contact Fara Captain for more information. Owner Financing is available. A celebrated turnkey hunter/jumper legacy minutes from Germantown, A once-in-a-generation opportunity!
For sale
$4,500,000
450 Reid Hooker Rd, Eads, TN 38028
5beds
1,400sqft
Apartment
Built in 2022
-- sqft lot
$-- Zestimate®
$3,214/sqft
$-- HOA
What's special
Hay barnMedicine and feed roomsMacro air fansLighted indoor arenaNewly built groundskeeper residenceEquine treadmillCamper hookups
- 25 days
- 442
- 13
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Fara Captain,
Zeitlin Sotheby's Internation 615-383-0183
Source: MAAR,MLS#: 10231587
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
Primary bedroom
- Level: First
- Width: 0
Bedroom 2
- Features: Private Full Bath, Walk-In Closet(s)
- Level: First
Primary bathroom
- Features: Full Bath
Dining room
- Width: 0
Living room
- Features: LR/DR Combination
- Width: 0
Den
- Width: 0
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Refrigerator, Washer, Dryer
- Laundry: Laundry Room
Features
- All Bedrooms Down, Square Feet Source: Cubicasa Estimate
- Has fireplace: No
Interior area
- Total interior livable area: 1,400 sqft
Property
Parking
- Parking features: Other (See REMARKS)
Features
- Stories: 1
- Pool features: None
Lot
- Size: 77.41 Acres
- Dimensions: 3371762 SF
- Features: Other (See Remarks)
Details
- Additional structures: Barn/Stable
- Parcel number: D0216 00438C
Construction
Type & style
- Home type: Apartment
- Architectural style: Traditional
- Property subtype: Apartment
Condition
- New construction: No
- Year built: 2022
Community & HOA
Community
- Subdivision: Spring Mill Farms
Location
- Region: Eads
Financial & listing details
- Price per square foot: $3,214/sqft
- Tax assessed value: $1,572,000
- Annual tax amount: $10,572
- Price range: $4.5M - $4.5M
- Date on market: 10/2/2026
- Cumulative days on market: 26 days
Estimated market value
Not available
Estimated sales range
Not available
$1,697/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Listed for sale | $4,500,000$3,214/sqft |
Source:  MAAR #10231587 Report a problem | ||
| 8/28/2026 | Listing removed | $4,500,000$3,214/sqft |
Source:  CWTAR #245072 Report a problem | ||
| 3/31/2026 | Listed for sale | $4,500,000-6.3%$3,214/sqft |
Source: MAAR #10175828 Report a problem | ||
| 4/9/2025 | Listed for sale | $4,800,000-7.7%$3,429/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2673070 Report a problem | ||
| 6/28/2024 | Listed for sale | $5,200,000+447.4%$3,714/sqft |
Source: MAAR #10175828 Report a problem | ||
| 6/9/2014 | Sold | $950,000-32.1%$679/sqft |
Source: Public Record Report a problem | ||
| 7/30/1999 | Sold | $1,400,000$1,000/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $10,572 -10.6% | $393,000 +12.6% |
| 2024 | $11,831 | $349,000 |
| 2023 | $11,831 | $349,000 |
| 2022 | -- | $349,000 +7.1% |
| 2021 | -- | $326,000 +8.4% |
| 2020 | $6,978 | $300,825 |
| 2019 | $6,978 -42.7% | $300,825 |
| 2018 | $12,183 -1.5% | $300,825 |
| 2017 | $12,364 +89.4% | $300,825 +8.4% |
| 2016 | $6,527 | $277,600 |
| 2014 | -- | $277,600 |
Find assessor info on the county website
Monthly payment
Est. payment
