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Lakeland

Lakeland

Suburban Neighborhood in Arlington, Tennessee

Shelby County 38002

$458,093 Average Value
$168 Average Price per Sq Ft
107 Homes For Sale

Waterfront living far from the coast

In landlocked Tennessee, waterfront property can be hard to find, unless you're in Lakeland— aptly named alongside the largest lake in Shelby County. Garner Lake was constructed in 1959 as the centerpiece of a now-defunct amusement park. The rides are gone, but amusement of a different kind— in the form of boating, fishing, swimming and sightseeing— has taken their place.

Modern homes with million-dollar views

Homes in Lakeland are more expensive than those in surrounding neighborhoods because of their lakefront location. Modern neo-eclectic homes on quarter-acre properties are priced between $500,000 and $800,000, while waterfront estates with private docks start at $700,000 and extend to $1 million. Farther from the lake, on the north side of the Loosahatchie River, subdivisions of modern stone-sided houses with open floor plans are priced between $450,000 and $650,000. Lakeland focuses on nature conservation even during residential development: several housing developments reserved up to 40% of their property as protected space for native flora and fauna, and most houses are densely grouped to avoid infringing on wild lands.

Swimming, hiking and sports

The affectionately titled Lakeland Lake, more formally known as Garner Lake, is the neighborhood’s namesake. “A lot of these developments have lake privileges, not just the waterfront communities,” says Jolynna Morales, a Realtor with Groome & Co. “You can fish, and if you have a paddle board, you can bring it out there even if your property doesn’t back up to the lake.” According to the Garner Lake Association, a non-profit homeowners organization, residents of the following subdivisions hold exclusive access to Garner Lake: Lakeland Estates, East Shores, Windward Slopes, The Preserve, Long’s Landing and The Pointe. Aside from Garner Lake, numerous city parks offer a variety of amenities. Windward Slopes Park is an 11-acre park with a playground and two tennis courts, while Cool Springs Park features a picturesque 0.8-mile loop trail (local tip—visit at sunset for the best views) Plantation Hills Park has three acres of federally designated protected wetlands, Oak Ridge Park offers wooded 15-acre walking paths and International Harvester Managerial Park, located beside the Lakeland Senior Center, has a clubhouse, paved trails, a stocked fishing pond and picnic facilities. The IHM Park also includes the LAMP Amphitheatre, which hosts community events. Enjoy a round of golf at Lakeland Golf Course’s 18-hole championship course for even more outdoor fun.

Summer Entertainment Series and lake parties

Summers are lively in Lakeland. The local government hosts a Summer Entertainment Series, a combination of family movies and concerts with a rotating schedule held at the LAMP Amphitheatre in International Harvester Managerial Park. Food trucks and vendors, including Memphis Dawgs and Southern Roasted Coffee, provide dinners and drinks during shows, while MemPops offers iced treats. On the Fourth of July, Garner Lake boaters decorate their vessels and parade around the perimeter, competing to win the best-decorated boat and most-spirited crew awards. After tying up together to share food and drinks, boaters watch the sunset and set off celebratory fireworks. Other lake events include BBQ cookoffs, fishing competitions, poker games and family-friendly water gun tournaments.

Groceries and local restaurants

For grocery hauls, Sprouts Farmers Market, Kroger and Aldi are located off Highway 64 in the neighborhood's south end. There’s also a Kroger off Highway 70 that is closer to residential neighborhoods in north Lakeland. After shopping, grab a sweet treat from Boba Society Milk Tea & Snack Bar, or enjoy a sit-down dinner at Villa Castrioti Lakeland, an Italian restaurant in the Lake District outdoor shopping center.

The Lakeland School System

The Lakeland School System was established in 2013 and receives an A grade from Niche. It offers enrollment from kindergarten through 10th grade but plans to expand through 12th grade by the 2025 school year. Students may attend Lakeland Elementary School and Lakeland Preparatory School, both graded A. For high school, students may attend Arlington High School, graded B+. “People who are looking for good public schools can find them in Lakeland,” says Morales.

Heading to Memphis

For even more events, shopping, and eateries, hop on I-40 and head to Memphis, 23 miles southeast of Lakeland. Waterfront views are rare in landlocked states, but a beachy escape is right here in Lakeland.

Caitlyn Tierney
Written By
Caitlyn Tierney
Aaron Bloodworth
Photography Contributed By
Aaron Bloodworth
Bill Jennings
Video By
Bill Jennings

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Shana Floyd-Lee, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Memphis International

42 min drive

Bus

Stage & Rock Creek Pkwy

Bus

Stage & Fletcher Trace

Crime and Safety

1 - Low Crime, 10 - High Crime Lakeland US
Homicide 2 4
Sexual Assault 2 4
Assault with Weapon 2 4
Robbery 1 4
Burglary 2 4
Motor Vehicle Theft 2 4
Larceny 2 4
Crime Score 2 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$449,975
Median Single Family Price
$472,000
Median 2 Bedroom Price
$254,505
Average Price Per Sq Ft
$168
Number of Homes for Sale
107
Last 12 months Home Sales
476
Months of Supply
2.70
Median List Price
$478,215
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
-2%

Home Facts

Number of Homes in Neighborhood
9,288
Median Year Built
2003
Avg. Single Family Home Size Sq Ft
2,743
Significantly above the national average
1,936
Average Townhouse Size Sq Ft
2,395
Average 2 Bedroom Size Sq Ft
1,498
Median Lot Size Sq Ft
14,374

Open Houses

  • Sunday, May 4
    1 - 3pm

    12312 Dallas Ridge Dr, Arlington, TN 38002

    $547,900

    • 4 Beds
    • 3 Baths
    • 3,400+ Sq Ft
    • 12312 Dallas Ridge Dr
    • New 1 day ago

    Welcome to your dream home in a lovely neighborhood just steps away from Forrest Park where you can visit the Farmer's Market for more than half the year! This beautifully maintained 4 bd, 3ba gem features rich hickory hardwood floors and a granite kitchen that is perfect for entertaining. Pool with diving board and a deep end that reaches 9.5'. A spacious bonus room offers endless possibilities,

    Miko Marrs Wedge Crye-Leike, Inc., REALTORS

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  • Wednesday, Apr 30
    12 - 3pm

    12766 Heather Oak Dr, Arlington, TN 38002

    $701,685

    • 5 Beds
    • 4.5 Baths
    • 3,800+ Sq Ft
    • 12766 Heather Oak Dr

    The Bristol floor plan has it all! Situated on a large cove lot, this Executive Level new home has a 3 Car Garage, Butler's Pantry, massive Walk-In Pantry, Guest Ensuite, Dual Access to Laundry Room, TWO Primary Closets, downstairs half bath, 20x20 Extended Covered Patio, and high end finishes throughout. New 'Smart Package' included. Neighborhood features lakes, green spaces with gazebos and

    Evette Reaves Grant & Co., REALTORS

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  • Friday, May 2
    12 - 3pm

    5876 Milton Wilson Blvd, Arlington, TN 38002

    $551,595

    • 4 Beds
    • 3.5 Baths
    • 2,600+ Sq Ft
    • 5876 Milton Wilson Blvd

    Ask about Builder's Incentives! The Morgan floor plan scheduled for completion late May/early June, 2025! A fabulous new floor plan that offers EVERYTHING you are looking for! Open Concept living with an inviting front porch, an extended covered patio in the back, 3 Car Garage, half bath, and a large Game Room upstairs for additional living and entertaining! The Primary Suite offers an extra

    Evette Reaves Grant & Co., REALTORS

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Shana Floyd-Lee, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
29,222
Median Age
39
Population Density
1 person/acre
Population under 18
29%
Above the national average
23.8%
Population over 65
14.5%
On par with the national average
19.1%

Finances

Median Household Income
$111,294
Significantly above the national average
$71,702
Average Household Income
$135,132

Education and Workforce

High School Graduates
96.1%
Above the national average
89.1%
College Graduates
49.1%
Above the national average
34.1%
Advanced Degrees
18.6%
% Population in Labor Force
72%

Weather

Annual Precipitation
55''
Average Winter Low Temperature
31°F
Average Summer High Temperature
92°F
Annual Snowfall
4''

Area Factors

Somewhat Bikeable

Bike Score®

27 / 100

Car-Dependent

Walk Score®

0 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Lakeland
Shana Floyd-Lee
Realty Capital Management, LLC
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