Tour
$5,694 Closing Credit¹
#10191125, Listing Office: BHHS McLemore & Co. Realty
$485,000 List price
787 Lancelot Ln Collierville, TN 38017
$5,759
Closing credit¹
4 beds
2 full, 1 partial
0.3 acres
House
Property details
About 787 Lancelot Ln
Beautifully maintained ONE OWNER 4BR, 2.5BA home in a highly desirable neighborhood served by top-rated schools. The renovated kitchen boasts Taj Mahal quartz countertops, double ovens, Bosch dishwasher, stainless steel appliances, a touchless faucet, and a bay-window breakfast area overlooking the pool. Hardwood and Tile flooring throughout downstairs!!The spacious primary suite features tray ceilings, a soaking tub, dual vanities, 2 walk-in closets and a updated shower with a built-in seat! Notable extras include a laundry chute, plantation shutters, New 9 light solid wood front door, 3rd car parking pad, All Front Windows & Big Bay window have been replaced & Includes a Transferrable Warranty!! Enjoy the backyard oasis with a sparkling salt water pool and fountain, pergola swing, and storage shed. Dont miss the underground 8 Person Tornado shelter in the garage!! Amenities include a Private lake, Gazebo, Walking Trail, and Playground! Short Distance to Tara Oak Elementary!
Highlights
Home typeSingle Family Residence
HeatingCentral, Natural Gas, Dual System
StatusActive
CoolingOther, Ceiling Fan(s), Central Air, Dual
BasementYes
Lot size0.34 Acres
Year built1995
ParkingDriveway/Pad,Front-Load Garage,Other (See REMARKS)
MLS #10195672
WaterfrontWater View
FireplacePrefabricated, Vented Gas Fireplace, In Den/Great Room, Gas Logs
ViewWater
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Range, Oven, Double Oven, Disposal, Dishwasher, Microwave
- Basement: Yes
- Flooring Type: Part Hardwood, Part Carpet, Tile, Vaulted/Coff/Tray Ceiling, Two Story Foyer
- Interior: Walk-In Closet(s), Pull Down Attic Stairs, Security System, Smoke Detector(s)
- Fireplace: Prefabricated, Vented Gas Fireplace, In Den/Great Room, Gas Logs
- Total Bedroom Count: 4
- Parking: Driveway/Pad,Front-Load Garage,Other (See REMARKS)
- Waterfront: Water View
- View: Water
- Exterior: Pool Cleaning Equipment, Storage Building, Porch, Deck
- Architectural Style: Traditional
- Heating: Central, Natural Gas, Dual System
- Cooling: Other, Ceiling Fan(s), Central Air, Dual
- List Price: $485,000
- HOA Amount: $38
- HOA Frequency: Annually
- Annual Tax Amount: $4,436
- Tax Year: 2024
- Lot: Few Trees, Level, Views, Landscaped, Fencing
- Directions: East on Poplar through C'ville, left on Coll-Arlington, right on Fletcher, left on Lancelot.
- Year Built: 1995
- Stories: 2
- Lot Size: 0.34 Acres
- MLS Number: 10195672
- Office Name: Crye-Leike, Inc., REALTORS
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: 5/12/2025, 12:20:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$485,000
787 Lancelot Ln
$5,759
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $84,825 | $4,436 |
| 2023 | $84,825 | $4,334 |
| 2022 | $84,825 | $2,926 |
| 2021 | $84,825 | $2,926 |
| 2020 | $71,175 | $2,882 |
| 2019 | $71,175 | $2,882 |
| 2018 | $71,175 | $2,925 |
| 2017 | $71,175 | $2,540 |
History based on county public records data.
Nearby schools
10
Tara Oaks Elementary School
Public District PK-5
0.6 mi
•600 E Harpers Ferry Rd
7
Collierville Elementary School
Public District PK-5
1.4 mi
•590 Peterson Lake Rd
9
Crosswind Elementary School
Public District PK-5
2.9 mi
•831 Shelton Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $121,991. Residents of Collierville, TN typically earn between $100k-200k each year. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
2%
<35k
39%
35k-100k
43%
100k-200k
16%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
16%
Single, No Kids
7%
Single, with Kids
31%
Married, No Kids
46%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
14%
12-17 yrs old
15%
18-34 yrs old
47%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
Soccer
NBA/WNBA
Where do the neighbors shop?
Chico's
The Container Store
New York & Company
Where do the neighbors go to eat?
Boston Market
Starbucks
Qdoba
What do the neighbors drive?
Volvo
BMW
Infiniti
What do the neighbors listen to?
Talk/Personality
Alternative
Active Rock
All data provided by Home Junction and Claritas
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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 787 Lancelot Ln
The listing price of 787 Lancelot Ln property is $485,000.
The property 787 Lancelot Ln is a house located in Collierville, Tennessee, 38017.
Active Listing: 787 Lancelot Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 787 Lancelot Ln are: Tara Oaks Elementary School (GreatSchools Rating 10/10), Collierville Elementary School (GreatSchools Rating 7/10), Crosswind Elementary School (GreatSchools Rating 9/10), Collierville Middle School (GreatSchools Rating 6/10), West Collierville Middle School (GreatSchools Rating 9/10), 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 $4,436 (source: MLS/based on county public records data).
The property at 787 Lancelot Ln has 4 bedrooms and 2 full and 1 half bathrooms.
The year of construction for 787 Lancelot Ln is 1995.
This home is located at 787 Lancelot Ln in Collierville, TN and zip code 38017. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $485,000.
In April 2025 more than 6 listings in Collierville, TN were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 32 were sold below. The number of homes for sale in Collierville, TN increased by 16.6% between March and April 2025.
From Rocket Homes Real Estate and based on county public records data.