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549 Peterson Lake, Collierville, TN 38017

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For Sale

$695,000

4 beds • 3 baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

  • Fireplace
    Fireplace

Explore this Property

When location, character and land become available in just the right area, you can bet you aren t the only one waiting for this one. Step onto the front porch and into a one-of-a-kind ranch where charm meets convenience just blocks from Collierville Town Square and directly across the street from Collierville Elementary. Original hardwoods, multiple spacious living areas, a kitchen looking over your own little piece of land right in the middle of Collierville and a rustic home office with a shared fireplace all showcase the home s thoughtful character throughout years past. A detached living space with a full bath and covered parking offers ideal guest, studio, or in-law potential. Entertain poolside under mature trees on 1.6 peaceful acres or unwind on your screened in porch. This property blends timeless, farmhouse appeal with everyday livability while offering rare privacy, versatility, and location in one of Collierville s most desirable neighborhoods.
MLS# 10202446

Courtesy Of Real Living McLemore & Co., REALTORS

(901) 701-7555

Open Houses

August

3

Sunday

In Person

Sunday, August 3, 2025

2:00PM - 4:00PM

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Architecture Style
    Ranch
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Hardwood, Tile, Wood
  • Lot Size
    1.6 Acres
  • Rooms
    Dining Room, Kitchen, Living Room

Map and Directions

Directions to 549 Peterson Lake, Collierville, TN 38017

Home seller CENTURY 21 Patterson & Associates Real Estate Co.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Patterson & Associates Real Estate Co.

(901) 701-1064
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Memphis Area Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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