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. Don’t miss the detached GUEST HOUSE—with over 750 sq ft, this bonus space is ideal for extended guests, a studio, or flexible work space. 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.
Sold for $685,000 on 10/29/25
$685,000
549 Peterson Lake Rd, Collierville, TN 38017
4beds
3,121sqft
Single Family Residence
Built in 1921
1.6 Acres Lot
$682,000 Zestimate®
$219/sqft
$3,586 Estimated rent
Home value
$682,000
$648,000 - $723,000
$3,586/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 04, 2025 at 11:22am
Listed by:
Nicole Baldridge,
BHHS McLemore & Co. Realty
Bought with:
Melissa A Rosengarten
John Green & Co., REALTORS
Source: MAAR,MLS#: 10202446
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Hardwood Floor, Smooth Ceiling, Walk-In Closet(s)
- Level: First
- Area: 288
- Dimensions: 16 x 18
Bedroom 2
- Features: Hardwood Floor, Shared Bath, Smooth Ceiling
- Level: First
- Area: 234
- Dimensions: 13 x 18
Bedroom 3
- Features: Hardwood Floor, Shared Bath, Smooth Ceiling
- Level: First
- Area: 210
- Dimensions: 14 x 15
Bedroom 4
- Features: Hardwood Floor, Shared Bath, Smooth Ceiling
- Level: First
- Area: 195
- Dimensions: 13 x 15
Primary bathroom
- Features: Double Vanity, Separate Shower, Tile Floor
Dining room
- Features: Separate Dining Room
- Area: 210
- Dimensions: 14 x 15
Kitchen
- Features: Eat-in Kitchen, Kitchen Island, Pantry
- Area: 204
- Dimensions: 12 x 17
Living room
- Features: Separate Living Room
- Area: 195
- Dimensions: 13 x 15
Office
- Features: Hardwood Floor
- Level: First
Den
- Dimensions: 0 x 0
Heating
- Central, Natural Gas
Cooling
- Central Air, Dual
Appliances
- Included: Gas Water Heater, Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Self Cleaning Oven
- Laundry: Laundry Room
Features
- All Bedrooms Down, Smooth Ceiling, 2 or More Baths, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, Den/Great Room, Dining Room, Kitchen, Laundry Room, Living Room, Office, Primary Bedroom, In-Law Floorplan, Square Feet Source: Appraisal
- Flooring: Part Carpet, Part Hardwood, Tile
- Basement: Crawl Space
- Number of fireplaces: 1
Interior area
- Total interior livable area: 3,121 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway/Pad
- Covered spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Screen Porch, Covered Patio
- Exterior features: Auto Lawn Sprinkler
- Has private pool: Yes
- Pool features: Pool Cleaning Equipment, In Ground
Lot
- Size: 1.60 Acres
- Dimensions: 1.604AC
- Features: Some Trees
Details
- Parcel number: C0244 00721
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood/Composition
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1921
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Collierville
- Subdivision: Moore
Price history
| Date | Event | Price |
|---|---|---|
| 10/29/2025 | Sold | $685,000-1.4%$219/sqft |
Source:  MAAR #10202446 | ||
| 8/30/2025 | Pending sale | $695,000$223/sqft |
Source: MAAR #10202446 | ||
| 7/31/2025 | Listed for sale | $695,000+39%$223/sqft |
Source: MAAR #10202446 | ||
| 9/28/2017 | Sold | $499,900+161.8%$160/sqft |
Source: MAAR #10008037 | ||
| 2/20/2003 | Sold | $190,950$61/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,419 | $122,725 |
| 2023 | $6,419 | $122,725 |
| 2022 | -- | $122,725 |
Find assessor info on the county website
Neighborhood: 38017
Nearby schools
GreatSchools rating
- 9/10Collierville Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 9/10West Collierville Middle SchoolGrades: 6-8Distance: 2.4 mi
- 9/10Collierville High SchoolGrades: 9-12Distance: 2.5 mi
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$682,000
2% more+ $13,640
With Zillow Showcase(estimated)
$695,640