Welcome to The Cove at Cypress Grove

Quality Craftsmanship for over 35 years

The Cove at Cypress Grove is a wonderful place to find your dream home with beautiful 60 ft. home sites with sizable backyards, approximately two miles from Sycamore Elementary and Collierville High School. This exclusive Cove exudes charm with its Cottage and Farmhouse style homes that are exclusive to this neighborhood! Rich in history and well-versed in progress, Collierville is home to both unique shopping, delicious dining destinations, and several community events.


There are only a limited number of opportunities to call The Cove home! We have absolutely adored building new construction homes for the amazing families who live here. From the vibrant exteriors and cozy interiors, The Cove is the ideal location to call home!

Need more Details, View all the Community Features – Download Here

Top School Districts

Collierville High School & Middle School, Sycamore Elementary School

The town of Collierville exudes excellence in many of its amenities, but especially its public education. This fantastic school system prepares its students for current and future success in academics, athletics, and additional extracurriculars. The Cove community is zoned for Collierville High School, Collierville Middle School, and Sycamore Elementary School for the 2023 – 2024 School Year.

Quick Move-Ins All Floor Plans

Classic Features and Modern Aesthetic

Available To Build


  • Beds: 4
  • Baths: 3.5
  • 3,803 Sq ft
  • 3 Car Garage
Available To Build

Classic Magnolia

  • Beds: 3
  • Baths: 3
  • 3,274 Sq ft
  • 2 Car Garage
Available To Build

Ivy Manor

  • Beds: 4
  • Baths: 3.5
  • 3,853 Sq ft
  • 3 Car Garage
Available To Build

Magnolia Cottage

  • Beds: 3
  • Baths: 3
  • 3,360 Sq ft
  • 2 Car Garage
Homesite COVE 211
5.5%% 30-yr Rate!

893 Cypress Vine Cove

  • Beds: 3
  • Baths: 3
  • 3,382 Sq ft
Homesite COVE 210
5.5%% 30-yr Rate!

885 Cypress Vine Cove

  • Beds: 3
  • Baths: 3
  • 3,373 Sq ft
Homesite COVE 207
Available December 2024

882 Cypress Vine Cove

  • Beds: 4
  • Baths: 3.5
  • 3,720 Sq ft
Homesite COVE 209
Available December 2024

881 Cypress Vine Cove

  • Beds: 4
  • Baths: 3.5
  • 3,903 Sq ft

The Cove at Cypress Grove Site Plan

Classic Features and Modern Aesthetic.

Convenient Amenities

A Community your entire family can call home

Collierville is one of the fastest growing towns in Tennessee, located in the Memphis metropolitan area. Collierville has been chosen as one of Relocate-America’s Top 100 Places to live and Parade’s America’s Best Main Street winner. Complementing the lifestyle of its neighboring city of Memphis, Collierville offers a relaxing escape with its small-town charm and historic district. With an impressive school system, several options for shopping and fine dining, Baptist Collierville Hospital, FedEx, the natural beauty of its Greenbelt and Wolf River Corridor, Hinton Park and Johnson Park, family homes, and the irresistible allure of hospitality, Collierville is a highly desired location for families to live.

Community Photos and Videos.

Classic Features and Modern Aesthetic.

Frequently Asked Questions

A Community your entire family can call home

Does Magnolia Homes build custom homes?

Our homes are built with expansive selection options available, and structural options are available within guided limitations.

How many communities does Magnolia Homes build in?

We are currently building in six communities! Five located in Collierville, TN and one located in Rossville, TN.

What is the average build time for a Magnolia Home?

For most of our communities, our average build time is between 8 and 10 months. For our Shepherd’s Creek community, the build time is 12 months on average.

Who are your Preferred Lenders?

Jake Scott – Eagle Bank Mortgage | 901-494-4662

Jeremy Holliday – Community Bank | 662-871-0384

Maribeth LaBarreare – Pinnacle Financial Partners | 901-261-5308

Dave McDowell / Todd Brown – Mortgage Investors Group | 901-761-6910


Can Magnolia Homes help sell my current home?

Absolutely! Oak Grove Realty would be happy to help you in this process. Call 901-309-0710!

Does Magnolia sell their model homes?

We do! Usually after a phase in a community has been completely sold or nearly sold, we will then sell our model home! Feel free to inquire about a specific model home by calling 901-309-0710!

How do I find out information on a ‘Coming Soon’ or ‘Future Development’ community?

You can do so by calling Kelsey Alcala, our Online Sales Counselor, at 901-309-0710 or emailing her at kelsey@magnoliahomesinc.com!

Does Magnolia rent or lease to own their homes?

We do not.

What appliances are included in a Magnolia home?

Each of our homes come with a dishwasher, cooktop, oven, microwave, sink with disposal, primary tub, and vent hood. Refrigerators are not included, except for some cases in our Shepherd’s Creek Community.

What is the difference between a pre-sale and an inventory home?

A pre-sale is when you choose an available home site, floor plan, and selections. Whereas, an inventory home, is one that we have chosen the home site, floor plan, and selections. This home is available for sale at any point during the construction process. If a contract is written early enough in the construction process, there is an opportunity to select finishes only if they have not been chosen or ordered yet.

What is the required deposit to start building?
  • For a New Build in our Cypress Grove, Cove, Oak Hill, Magnolia Preserve, and Villages of Saunders Creek Communities – 10%
  • Inventory Home Following Roofing Completion but Prior to Interior Paint Complete – 5% Plus Any Additional Luxury Options Added
  • Inventory Home Following Interior Paint Complete OR Completed Inventory Home – $6,500 x # of Months Until Closing Plus Any Additional Luxury Options Added
  • Preferred Lender Option – If preferred lender is used, there will be an option on a New Build to pay 5% of deposit at time of contract and then remaining 5% within 45 days


  • For a New Build in our Shepherd’s Creek Community – 10% Minimum
  • Inventory Home Following Roofing Completion but Prior to Interior Paint Complete – 5% Plus Any Additional Luxury Options Added
  • Inventory Home Following Interior Paint Complete/Completed Inventory Home – $6,500 x # of months until closing plus any additional luxury options added
  • Preferred Lender Option – If preferred lender is used, there will be an option on a New Build to pay 5% of deposit at time of contract and then remaining 5% within 45 days of ratified contract date.
Can I purchase a Magnolia homesite now and start building in 3 months?

No, we do not intentionally delay build times. Building will begin as quickly as possible following finalized agreement, permitting, pre-construction meeting, and so forth.

Is there a difference in financing a new home vs an existing home?

It is very similar, except the closing process for a new home is a bit longer than with an existing home! There is no need to pull out a construction loan, as this will be handled by Magnolia Homes.

Will Magnolia build outside of their communities?

We currently only build inside of our six communities!

Where do we choose our selections?

You will do so at our Design Center where our dedicated Design Specialist will assist you along the way! She will help guide you in bringing your dream home to life! Our Design Center showcases different tile options, cabinet styles and colors, paint choices, hardwood samples, bricks, and more. In addition, you will also be sent our Exterior Selections Worksheet, Design Guide + Included Features/Luxury Option Guide for preparation prior to your appointment.

How do I pay for my upgraded selections?

If not included in your contract, you will pay for upgrades in full through BuilderTrend.

What is the Magnolia Building process like?

https://www.yourmagnoliahome.com/magnolia-homes-faq/Following signing of contract, you will receive a Welcome E-Mail providing details on your building process, selection meeting dates if needed, points-of-contact moving forward, etc.


You can also find out more information about our building process here: https://magnoliahomes-uploads.s3.amazonaws.com/wp-content/uploads/2020/12/11161612/MH-Building-Process-MH-Difference.pdf

Do you sell your floor plans?

No, we don’t! The particular architect who designed a specific plan would have to sell them to the buyer.  Architects/ Designers are as follows:

  • Classic Home Design
  • Jeff Bramlett Custom Residential Design
  • LRK
  • Sullivan Home Plans

Exclusive Locations

Extensive Neighborhood Common Open Space and Pathways

Going East on Poplar Avenue toward Collierville, take a right onto Byhalia Road. Continue on Byhalia for approximately 1 mile. Take a right on Collierville Road. Continue on Collierville Road for about a mile, then turn left into the second Cypress Grove community entrance.  The model home will be on your right, at the corner of Cypress Green Cove and Cypress Pond Drive.  You can find driving directions here, but please call Kelsey at 901-309-0710 for any assistance with directions or appointments!


Contact us to meet with one of our new home specialists!

Kelsey Alcala
Online Sales Counselor

Call : 901-309-0710
Text : 901-403-6808

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