Primary on Main
Address
506 Peterson Lake Rd, Collierville, TN
Price
$ 550,000
Property Attributes
  • MLS#10229009
  • TypeSingle Family
  • Listing Status Active
  • CountySHELBY
  • CityCollierville
  • AreaCollierville - East
  • NeighborhoodCOLLIERVILLE HEIGHTS
  • Zip38017
  • StyleTraditional
  • Year Built1960
  • Taxes$ 5569
  • Price$ 550,000
  • Bedrooms3
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage3411
  • Lot Size1.17 Acres
Data Source:
Memphis MLS (MAAR)
Property Description

Move-in ready, totally updated single-level home offers three bedrooms and three full bathrooms, with an open layout that’s perfect for hosting family and friends. Both the primary suite and the guest suite feature private en-suite baths, and the home is finished with hardwood flooring throughout, premium stainless-steel appliances, quartz countertops, a generous kitchen island, and a breakfast bar. Multiple living spaces—including a dining room, living room, gathering room, and an all-weather sunroom—provide ample space to relax or entertain. The primary suite includes a walk-in closet, double-sink vanity, and a spacious walk-in shower. The guest suite also features a walk-in shower and quartz surfaces, while the hall bath offers a tub/shower combination. Set on a landscaped 1.18-acre corner lot, the outdoor space is ideal for gatherings and recreation.

Price History
8/24/2026 Listed $550,000

General Features

Heating Central
Cooling Central
Roof Composition Shingles
Fireplaces 1
Status Active
Full Baths 3
Other Rooms Laundry Room,Attic
Legal Subdivision Name COLLIERVILLE HEIGHTS RE S/D
Style Traditional
Stories Count 1
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 873E
Parcel Number C0244P E00002
Status Active
Annual City Tax 2093
Annual County Tax 3476
Sale/Rent For Sale
Area Collierville - East
Service Type Full Service Listing
Neighborhood Association None
Year Built 1960
Directions I-240 E to 385. Take exit Byhalia Rd. Follow Byhalia Rd to W. Poplar,turn left on Peterson Lake Rd. house on corner
City Collierville
DOM 24

Interior Features

Living Room Separate Living Room,Separate Dining Room,Separate Den,Updated/Renovated Kitchen,Eat-In Kitchen,Breakfast Bar,Island In Kitchen,Washer/Dryer Connections
Beds 3
Total Baths 3
Fireplace Masonry,Decorative Only
Number of Rooms 9
Downstairs Bedrooms 3
MISC. INTERIOR Walk-In Closet(s),Permanent Attic Stairs,Walk-In Attic,Vent Hood/Exhaust Fan
FLOORS/CEILINGS Hardwood Throughout,Tile
INTERIOR EQUIPMENT Range/Oven,Gas Cooking,Disposal,Dishwasher,Microwave,Refrigerator
BEDROOM 3 DESCRIPTION Level 1,Shared Bath
BEDROOM 2 DESCRIPTION Level 1,Private Full Bath

Exterior Features

Foundation Conventional
Pool None
Lot 2
Lot Size Area 1.17
Water & Sewer Public Water,Public Sewer
Lot Size 144X352
Parking Display C2A
Lot Description Some Trees,Level
# Covered Parking Spaces 2
PARKING/STORAGE Driveway/Pad
EXTERIOR/WINDOWS Brick Veneer
Misc. Exterior Other (See REMARKS)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 38017

Price
AVG $680K
$550K
Taxes
AVG $5,681
$5,569
Year Built
AVG 2006
1960
Visits
AVG 96
25
Data Provided by Inside Real Estate®

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