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
Taxes
Year Built
Visits
Copyright © 2026 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 not guaranteed. Some or all of the listings displayed may not belong to the firm whose web site is being visited.
MLS United® - All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for 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.
Listing information provided courtesy of the Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS.
Updated: September 18, 2026 5:39 PM UTC
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for 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. The data relating
