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Folk's Folly Prime Steak House

3.5 star rating
based on 11 reviews

Categories: Restaurants, Meat Shops  [Edit]

551 S Mendenhall Rd
Memphis, TN 38117
(901) 762-8200
Price Range:
$$$
Accepts Credit Cards:
Yes
Parking:
Valet, Private Lot
Attire:
Dressy
Good for Groups:
Yes
Good for Kids:
No
Takes Reservations:
Yes
Delivery:
No
Take-out:
Yes
Waiter Service:
Yes
Wheelchair Accessible:
Yes
Outdoor Seating:
No
Good for:
Dinner
Alcohol:
Full Bar

11 reviews for Folk's Folly Prime Steak House

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Photo of Mike J.

 

9

84

Mike J.

Memphis, TN

4 star rating
3/2/2009

I went to Folk's Folly with a large group as a business outing. It was very enjoyable, we had a good time. I think it had a lot more to do with the people rather than the place, but whatever.
Of course they have scotch, that's a starter. The scotch list is good, but not extensive nor do they have any real old stuff (the kind with a dead badger tied to it.). Nothing too exotic, but enough to keep most scotch drinkers happy.
Then there's the fried dill pickles. Sounds weird for a Northerner, but it works. Introduced it to a bunch of very Northerners and they were impressed that pickles could be fried. A discussion on everything that anybody ever heard of being fried in the South ensued.
Boar Meat Meatballs for appetizer. God, they were humongous. They must have been easy boars to catch, dragging those things around. They were good, a bit spicy, a different taste. They were so large, they needed to be shared.
I did not look at the wine list as I was not the lead guy on this one. I was just a loud, demanding guest. The wine selected was just OK.
The main course was steak, of course. Really, steak. I had a porterhouse, my favorite. I like it because it has no cholesterol in it. Veggie side orders. This is the bitchy part. The steak was close to medium rare, what I ordered, but not quite. The sides were another just OK. For $7 or $8 per veggie plate, I would expect enough to be able to share with a bunch of people. There was enough to share with two people. Because we were a large group, we had a lot of different sides and we passed them all around, so that worked out. I was a bit disappointed with the variety, not enough different veggie types, just the standard.
Dessert? Yup. Again, issues with variety. I can get a cheesecake at 1,347 restaurants in town. Why would I come to a fancy-ass restaurant to get another cheesecake? Most of the items fell into that category. So I ordered berries and cream and let them figure out how to do that. It was OK, but a bit on the small side.
The service was very good. Near the end, theyu didn't tell us we were the last people in the place, but they made it kind of obvious. Especially when the valet parking guy came and brought me my keys since my car was the last one left and he was leaving.
Overall, very good, but not quite right up there. I whacked off a star for value. If I pay a boatload for a meal (or someone else does on my behalf), I expect to have the socks impressed off of me. Didn't quite make it.
The big deal is $60 for a steak. People have a hard time with that concept since everyone feels that can slap a steak on the grill at home and get just about the same thing. If it had been my steak that I bought at the store, I probably would have picked one a little thicker and with a bigger part on the tenderloin side, but that's me.

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Photo of Elle s.

 

56

59

Elle s.

Memphis, TN

5 star rating
3/14/2009

I mean mostly everything here is good, and yes you will be paying LOTS of money , but it's folks folly so you know that before you go in. It's hoydy-toydy (haa yeah i just said that) and chill at the same time, it really depends which section they put you in.
But YES expect to spend more than $100 for two people and yes your food will be good, it might not be mind blowing but you will leave satisfied.

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Photo of Candace C.

 

0

8

Candace C.

Bartlett, TN

2 star rating
9/3/2009

Wayyyy too pricey for the steak you get.

Service is ok but I can't get past the dollars or lack of atmosphere + average steak to go back.

For the price, go to the Peabody or any number of fine restaurants.

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Photo of Deen B.

 

20

106

Deen B.

Cordova, TN

5 star rating
1/14/2009

Folks Folly is an excellent steak house and, yes, the meat is prime cut. The fried pickles and cocktails are nice if there is a wait, and the entire staff is very professional and attentive. I like that there are private rooms - little rooms with a curtain - if you are on a date this is especially romantic. I have to reccommend Rose as a server. She has been there for a really long time and is the best, in my opinion. Sides are ala carte and I do reccommend sharing. The fried asparagus, creamed spinach, and sweet potato casserole are all stand-outs.

Also, Folks Folly has a butcher shop adjacent to the restaurant.  During the day they sell steaks and pre-prepared sides to the home cook. I believe they also have sandwiches (chicken & egg salad, pimento cheese). Definately worth popping in. (Their loaded baked potatoes are good, and a real time saver on a busy night!)

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Photo of Rachel B.

 

2

127

Rachel B.

Collierville, TN

3 star rating
1/19/2009

While I think Folk's Folly is a nice steakhouse, I just can't say it's outstanding for how much you are paying for the meal.  We went there for my birthday - I love steak and Folk's Folly has some of the best steakhouse reviews in Memphis.  The waiter was attentive, the meal was good, but for how much we paid for the dinner, I expected more.

It could be I'm spoiled by eating at some of the best steakhouses in NYC when I lived there.

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Photo of Randall F.

 

129

103

Randall F.

Millbrae, CA

4 star rating
8/17/2008

Folk's Folly was selected by local business associates and is the touted as the best steakhouse in town.  Regulars were recognized in the bar/lounge where live piano playing is a bit more than background music - think Nordstrom X 10 on the volume.

You are forced to try the Famous Fried Dill Pickles which apparently is a FF tradition and a Southern delicacy - quite good with cocktails.

Excellent wine list and the server was very pleasant and knew about 20% of our party as regulars.  

The only glitch was my main order - bone-in rib eye which she highly recommended came without the bone.  She quickly realized her mistake and fired up one for me while everyone was 'digging' in to their hot plates.  My arrived around 5 minutes later on a nuclear hot plate and the steak was just too hot to enjoy that first bite flavor when you have a normally cooked steak.  If the meat sat for another 8 minutes the temp and flavor would have settled nicely.

No bbq ribs on the menu here.

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Photo of Katy C.

 

9

33

Katy C.

San Francisco, CA

5 star rating
3/29/2008

It makes little sense to me that Folk's Folly has so few reviews.  The food here is ridiculously delicious.  I don't usually frequent steak houses, but this one is a can't fail one.  Yes, pricey, but how could good steak be cheap?  I've been here 3 times and have always gotten the petite filet mignon medium rare.  Absolute mouth-watering, buttery goodness.  I barely have to chew the meat since it's so tender.  You would think that was the highlight of the meal, but amazingly, there is something on the menu even MORE terrific than steak. Wait for it...

SWEET POTATO CASSEROLE!!!!

Why don't more restaurants serve this dish?  I bet I could open a restaurant serving only sweet potato casserole made the way Folk's Folly does it and it would still be a dynamite business model.  I'd eat there everyday.  Probably wouldn't fit through the door after a week, but whatever, it's sweet potato casserole.  

If you have cash to burn, there really isn't a better place than Folk's Folly to burn it.

PLUS: very good wine.

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Photo of greg p.

 

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10

greg p.

Collierville, TN

3 star rating
4/18/2009

If you don't want to go to a chain and want to experience local flavor, it is very nice for a local, upscale steakhouse. However, for the price you pay, Ruth's Chris would be my first choice.

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Photo of cin f.

 

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74

cin f.

Memphis, TN

4 star rating
1/29/2007

From the outside, Folk's Folly Prime Steak House just looks like a house instead of a fancy steakhouse.  Inside, they have created ambience and lighting that invokes a sense of intimacy and privacy.  From the valets to the wait staff, the service there is very attentive and informative.  They have a large wine collection if  you are a wine buff.   It is definitely a special occasion type of place.  I have been there for a birthday and also a business meeting.  If you go for a birthday, they just tie a balloon on your chair and give you a complimentary dessert.  i was too full to enjoy mine.   As for the steak, i got medallions with blue cheese sauce.  It was a quality cut of meat and very tender.  The sides are ala carte. i think i got creamed spinach and garlic mashed potatoes.   You should just share the sides with others or skip them and just get a steak and salad.   The bill can add up quickly if you get ala carte happy.  Folk's Folly Prime Steak House is not some place everyone can afford to go every day  (unless i guess you are a Memphis Grizzles player or a movie star in town shooting a film).  I think Folk's is a nice place to go if  you want to treat yourself to a fancy steakhouse experience with white tablecloths and impeccable service.

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Photo of Russell D.

 

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6

Russell D.

Sunnyvale, CA

4 star rating
3/6/2008

I've been a couple of times on business. Definitely a place that benefits if you have an expense account. That said, i did think the wine list was very good and reasonably priced. The bone-on filet is unique and very, very good. There are a couple of private rooms, so even with a small group of 4 or 5 you can get one. A top choice for business dinner with me.

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Photo of bari l.

 

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200

bari l.

Memphis, TN

2 star rating
3/21/2006

overpriced local haunt, high a la carte, so you REALLY think you're buying true #1 USDA PRIME grade served to you in MEMPHIS, TN ???? I hope you're not that undereducated !, most rue Prime Grade gets sold overseas, and NYC, San Fran and a few places in Houston, Chi, and Miami,,,,Nashville has better steaks than in Memphis TN, so does Atlanta

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