Exceptional opportunity awaits in the heart of Collierville. This newly renovated, move-in ready single-story home comprises three bedrooms and three full baths, featuring an open concept layout ideal for large family gatherings. The property includes en-suites for both primary and guest rooms, hardwood floors throughout, premium stainless-steel appliances, quartz countertops, a spacious kitchen island, breakfast bar, all-weather sunroom, gathering room, dining room, and living room. The primary suite boasts a walk-in closet, double sink vanity, and walk-in shower, while the guest room en-suite offers a walk-in shower and quartz countertops. The hall bathroom is equipped with a tub/shower combination. Electrical and plumbing systems have been updated, and the roof is only five years old. Situated on a 1.18-acre landscaped corner lot, the yard is perfect for entertaining. The property is conveniently located minutes from Collierville Elementary School and Town Square Park.
Sold for $525,000 on 05/23/25
$525,000
506 Peterson Lake Rd, Collierville, TN 38017
3beds
--sqft
Detached Single Family
Built in 1959
1.17 Acres Lot
$521,200 Zestimate®
$--/sqft
$2,991 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 04, 2025 at 09:00am
Listed by:
Bruce C Johnson,
mlsAssist
Bought with:
Wendy Fortner
eXp Realty
Source: MAAR,MLS#: 10194296

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Hardwood Floor, Smooth Ceiling, Walk-In Closet(s)
- Level: First
- Area: 169
- Dimensions: 13 x 13
Bedroom 2
- Features: Hardwood Floor, Private Full Bath, Smooth Ceiling
- Level: First
- Area: 169
- Dimensions: 13 x 13
Bedroom 3
- Features: Hardwood Floor, Shared Bath, Smooth Ceiling
- Level: First
- Area: 195
- Dimensions: 15 x 13
Primary bathroom
- Features: Double Vanity, Separate Shower, Smooth Ceiling, Tile Floor, Full Bath
Dining room
- Features: Separate Dining Room
- Area: 255
- Dimensions: 17 x 15
Kitchen
- Features: Breakfast Bar, Kitchen Island, Keeping/Hearth Room, Pantry, Separate Breakfast Room, Updated/Renovated Kitchen, Washer/Dryer Connections
- Area: 442
- Dimensions: 26 x 17
Living room
- Features: Great Room, Separate Living Room
- Area: 425
- Dimensions: 25 x 17
Heating
- Central
Cooling
- 220 Wiring, Ceiling Fan(s), Central Air
Appliances
- Included: Electric Water Heater, Vent Hood/Exhaust Fan, Range/Oven, Self Cleaning Oven, Gas Cooktop, Disposal, Dishwasher, Microwave, Refrigerator
- Laundry: Laundry Room
Features
- Walk-In Closet(s), Smooth Ceiling, Living Room, Dining Room, Den/Great Room, Kitchen, Primary Bedroom, 2nd Bedroom, 3rd Bedroom, 2 or More Baths, Keeping/Hearth Room, Sun Room, Breakfast Room, All Bedrooms Down, Primary Down, Renovated Bathroom, Double Vanity, Full Bath Down
- Flooring: Hardwood, Tile
- Windows: Double Pane Windows
- Attic: Permanent Stairs
- Number of fireplaces: 1
- Fireplace features: Living Room, Masonry
Interior area
- Living area range: 3400-3599 Square Feet
Property
Parking
- Total spaces: 2
- Parking features: Driveway/Pad
- Covered spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 1
- Patio & porch: Screen Porch
- Pool features: None
Lot
- Size: 1.17 Acres
- Dimensions: 144X352
- Features: Corner Lot, Landscaped, Level, Some Trees
Details
- Parcel number: C0244P E00002
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Detached Single Family
Materials
- Brick Veneer
- Foundation: Slab
- Roof: Composition Shingles
Condition
- New construction: No
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Collierville
- Subdivision: Collierville Heights Re S/d
Other
Other facts
- Listing terms: Conventional,FHA,VA Loan
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$521,200
2% more+ $10,424
With Zillow Showcase(estimated)
$531,624