Redfin is joining Rocket

Discover how we're simplifying your journey home.

$599,900

544 Peterson Lake Rd Collierville, TN 38017

6 beds
3 full, 1 partial
2.3 acres
House

Property details

About 544 Peterson Lake Rd

REDUCED Price!!! This charming home in Collierville, TN was built in 1969 and sits on a spacious 2.3-acre corner lot. With 6 bedrooms( 2 master bedrooms) 3.5 bathrooms spread across 3,574 sq.ft. of finished living space including a 362 sq.ft. bonus room. This home also has an 815 sq.ft. heated/cooled basement with a complete waterproofing system. This two-story home offers plenty of room. The property boasts a serene setting with ample outdoor space for relaxation and entertaining. The interior of the home has been completely repainted, updated kitchen including gas cooktop, stainless steel appliances, 3 bathrooms (remodeled), plantation shutters, energy efficient windows, recent roof and enlarged gutters, woodburning fireplace parge and inspected, updated electrical panel, and sunroom. Also, includes washer/dryer. The basement is fitted with Olshan waterproofing system and wall shield system and encapsulated crawlspace and Spacious 2 car garage with Bonus Room.

Highlights

Home typeSingle Family Residence
HeatingCentral
StatusActive
CoolingCentral Air, Multi Unit(s)
BasementYes
Lot size2.31 Acres
Year built1969
ParkingCircular Drive,Garage Door Opener(s),Side-Load Garage
MLS #10191719
FireplaceMasonry, In Living Room

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Self Cleaning Oven, Double Oven, Cooktop, Gas Range, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Yes
  • Flooring Type: Wall to Wall Carpet, Wood Laminate Floors, Tile, Vinyl/Luxury Vinyl Floor
  • Interior: Pull Down Attic Stairs, Attic Access, Smoke Detector(s)
  • Fireplace: Masonry, In Living Room
  • Total Bedroom Count: 6
  • Parking: Circular Drive,Garage Door Opener(s),Side-Load Garage
  • Exterior: Storage Building, Porch, Patio, Covered Patio, Sidewalks
  • Architectural Style: Split Level
  • Heating: Central
  • Cooling: Central Air, Multi Unit(s)
  • List Price: $599,900
  • Annual Tax Amount: $5,707
  • Tax Year: 2024
  • Lot: Few Trees, Corner Lot
  • Directions: Property sits on Peterson Lake Road between East White and Burrows Road in Collierville, TN
  • Year Built: 1969
  • Stories: 2
  • Lot Size: 2.31 Acres
  • MLS Number: 10191719
  • Office Name: Sell Your Home Services, LLC

Copyright© 2025 Memphis Area Association of REALTORS. The 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 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 web site is being visited.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 6:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$109,125$5,707
2023$109,125$5,576
2022$109,125$3,764
2021$109,125$3,764
2020$87,425$3,540
2019$87,425$3,540
2018$87,425$3,593
2017$87,425$2,686

History based on county public records data.

Nearby schools

7

Collierville Elementary School

Public District PK-5

0.1 mi

590 Peterson Lake Rd

10

Tara Oaks Elementary School

Public District PK-5

1.5 mi

600 E Harpers Ferry Rd

9

Crosswind Elementary School

Public District PK-5

2.1 mi

831 Shelton Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $88,250. Most Collierville, TN residents have annual incomes between $100k-200k. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

16%
<35k
40%
35k-100k
41%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

25%
Single, No Kids
9%
Single, with Kids
34%
Married, No Kids
32%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
18%
18-34 yrs old
42%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Minor League Baseball GamesMinor League Baseball Games
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • New York & CompanyNew York & Company
  • Chico'sChico's

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Chick-fil-AChick-fil-A
  • Boston MarketBoston Market

What do the neighbors drive?

  • MazdaMazda
  • KiaKia
  • VolvoVolvo

What do the neighbors listen to?

  • RockRock
  • Talk/PersonalityTalk/Personality
  • ClassicalClassical
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Collierville, TN

Transportation in Collierville includes a mix of private and public transit options, with the latter serving residents through a network of bus routes. The town's layout and infrastructure support a comfortable driving experience, with well-maintained roads and convenient access to major highways for commuting and travel. While certain areas of Collierville are pedestrian-friendly, particularly around the historic town square, the overall community is more navigable by car. The availability of ride-sharing services complements the transportation landscape, offering additional flexibility for residents.

The town of Collierville is served by a robust educational system, including multiple public and private schools that cater to various educational needs, from elementary to high school levels. Healthcare is readily accessible, with several clinics and a major hospital providing a range of services from primary care to specialized treatments. The public library system is well-established, offering resources and programs for all ages. Retail and dining options are plentiful, with both local businesses and national chains present, reflecting the town's blend of traditional values and modern conveniences.

Collierville is celebrated for its small-town charm combined with upscale suburban living. The community prides itself on a family-friendly atmosphere, with numerous parks and recreational areas contributing to its inviting character. Annual events, such as the Collierville Fair on the Square, showcase the town's cultural vitality and strong community bonds. The historic town square, with its quaint shops and local eateries, serves as the heart of Collierville, reflecting the town's rich heritage and contemporary spirit.

Collierville's housing market is diverse, offering a range of options from spacious single-family homes to convenient townhouses and apartments. The architectural styles in the area are a mix of traditional and contemporary, with a noticeable presence of colonial and craftsman influences. The majority of homes reflect a period of growth in the late 20th century, with many properties built in the 1990s. The homeownership rate in Collierville is high, with a significant majority of residents owning their homes, indicative of the area's stable residential appeal.

About 544 Peterson Lake Rd

The listing price of 544 Peterson Lake Rd property is $599,900.

The property 544 Peterson Lake Rd is a house located in Collierville, Tennessee, 38017.

Active Listing: 544 Peterson Lake Rd is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 544 Peterson Lake Rd are: Collierville Elementary School (GreatSchools Rating 7/10), Tara Oaks Elementary School (GreatSchools Rating 10/10), Crosswind Elementary School (GreatSchools Rating 9/10), West Collierville Middle School (GreatSchools Rating 9/10), Collierville Middle School (GreatSchools Rating 6/10), Houston Middle School (GreatSchools Rating 7/10), Collierville High School (GreatSchools Rating 9/10), Houston High School (GreatSchools Rating 8/10), Center Hill High School (GreatSchools Rating 8/10).

According to the records, the last property tax for 2024 is $5,707 (source: MLS/based on county public records data).

The property at 544 Peterson Lake Rd has 6 bedrooms and 3 full and 1 half bathrooms.

The year of construction for 544 Peterson Lake Rd is 1969.

This home is located at 544 Peterson Lake Rd in Collierville, TN and zip code 38017. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 11, 2025 and is currently priced at $599,900.

While more than 8 listings in Collierville, TN in June 2025 were sold above asking price, there were more than 21 listings sold at asking price, and more than 35 were sold below. Between May and June 2025, Collierville, TN real estate market has seen increase in the number of listings by 3.7%.

From Rocket Homes Real Estate and based on county public records data.

More resources