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Single family home for sale at 506 Peterson Lake Rd, Collierville, TN 38017 | MLS# 10233305 | Listing updated on 2026-10-28
Photo 1 of Single family home for sale at 506 Peterson Lake Rd, Collierville, TN 38017 | MLS# 10233305 | Listing updated on 2026-10-28
Photo 2 of Single family home for sale at 506 Peterson Lake Rd, Collierville, TN 38017 | MLS# 10233305 | Listing updated on 2026-10-28
Photo 3 of Single family home for sale at 506 Peterson Lake Rd, Collierville, TN 38017 | MLS# 10233305 | Listing updated on 2026-10-28
Photo 4 of Single family home for sale at 506 Peterson Lake Rd, Collierville, TN 38017 | MLS# 10233305 | Listing updated on 2026-10-28
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Street View

$535,000

Monthly Est:$2,663

  • Beds Icon3 Beds
  • Beds Icon
    3 Baths
  • Beds Icon3,411sqft

506 Peterson Lake Rd, Collierville, TN 38017

$2,663/moEst:

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  • Single Family Residence

  • Built in 1960

  • $-- HOA

  • 1.17 acres lot

  • $157/sq.ft

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.

  • Houzeo last checked: 1 hour ago
  • Listing updated: October 28, 2026 at 1:02 am
  • Listing Provided by: Jennifer Williams (901) 825-0044 | Hobson, REALTORS (901) 761-1622
  • Source: Memphis MLS (MAARMLS)-TN | MLS#: 10233305 Memphis MLS (MAARMLS)-TN

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    1

  • County

    Shelby County

  • City

    Collierville

  • Neighborhood

    --

  • Year Built

    1960

  • HOA Fees

    -

  • Finished Area

    3,411 sqft

  • Lot Size

    1.17 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Memphis MLS (MAARMLS)

  • MLS Number

    10233305

  • MLS Status

    Active

  • Days on Market

    6

  • Cumulative Days on Market

    242

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 3

Interior

  • Interior Features

    Permanent Attic Stairs, Vent Hood/exhaust Fan, Walk In Attic, Walk In Closet(s), 1 Bath, 2 Or More Baths, 2nd Bedroom, 3rd Bedroom, Den/great Room, Dining Room, Kitchen, Laundry Room, Living Room, Primary Bedroom, Sun Room, Breakfast Bar, Eat In Kitchen, Island In Kitchen, Separate Den, Separate Dining Room, Separate Living Room, Updated/renovated Kitchen, Washer/dryer Connections, 1 Or More Br Down, All Bedrooms Down, Double Vanity Bath, Full Bath Down, Primary Down, Renovated Bathroom

  • Cooling

    Central

  • Sewer

    Public Sewer, Public Water

  • Heating

    Central

  • Appliances

    Dishwasher, Disposal, Gas Cooking, Microwave, Range/oven, Refrigerator

  • Flooring

    Hardwood Throughout, Tile

  • Exterior Features

    Other (see Remarks)

Construction

  • Year Built

    Year Built: 1960

  • Home type

    Single Family Residence

  • Foundation Details

    Conventional

  • Construction Materials

    Brick Veneer

  • Roof

    Composition Shingles

  • Architectural Style

    Traditional

Utilities & Energy

  • Pool Features

    None

  • Parking Features

    Driveway/pad

  • Fireplace Features

    Decorative Only, Masonry

Other Features

  • Subdivision Name

    Collierville Heights

  • Lot Features

    Level, Some Trees

Price History

DateEventPrice

10/28/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10233305

Listed for Sale

$535,000

$157/sqft

10/21/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10229009

Price Decreased

$535,000 -2.73%

$157/sqft

07/31/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10215638

Off Market

$550,000 -1.79%

$161/sqft

06/18/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10215638

Price Decreased

$560,000 -5.88%

$164/sqft

04/15/2026

Source: mls_logoMemphis MLS (MAARMLS)-TN #10215638

Listed for Sale

$595,000 +13.33%

$174/sqft

Show more

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Based on information from the Memphis Area Association of REALTORS(R) (alternatively, from the Memphis Area Association of REALTORS® MLS) through Nov 02, 2026, 04:45AM. The information provided is for the consumer's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties that the consumer may be interested in purchasing. Information deemed reliable but is not guaranteed accurate. Some or all of the listings displayed may not belong to the firm whose website is being visited. Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it. © 2025 Memphis Area Association of REALTORS®. All Rights Reserved.

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Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.

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