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Lakeland

Lakeland

Suburban Neighborhood in Arlington, Tennessee

Shelby County 38002
$458,625 Average Value
$169 Average Price per Sq Ft
146 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 Brad Vaughan, 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

Lakeland Demographics and Home Trends

Housing Trends

Median List Price
$475,000
Median Sale Price
$439,975
Median Single Family Sale Price
$464,000
Median 2 Bedroom Sale Price
$339,900
Median Change From 1st List Price
2%
Last 12 months Home Sales
468
Median Home Sale Price YoY Change
-4%
Average Price Per Sq Ft
$169

Neighborhood Facts

Number of Homes in Neighborhood
9,324
Number of Homes for Sale
146
Median Year Built
2003
Months of Supply
3.70
Average Single Family Home Size Sq Ft
2,742
Significantly above the national average
1,931
Average Townhouse Size Sq Ft
2,395
Average 2 Bedroom Size Sq Ft
1,498
Median Lot Size Sq Ft
13,503

Open Houses

  • Saturday, Jul 12
    2:30 - 4pm

    9280 Ellen Davies Dr, Memphis, TN 38133

    $619,000

    • 6 Beds
    • 5.5 Baths
    • 5,000+ Sq Ft
    • 9280 Ellen Davies Dr

    Awesome 6BR, 5.5Baths in Davieshire. Beautiful tree filled neighborhood. 3 bedrooms have ensuite baths and 2 have seating areas attached. Home is filled with natural light in kitchen, sunroom plus a 1200 sf deck on back. Large kitchen w/electric cooktop and double ovens. Large pantry. Laundry room. Work shop off double garage. Smooth ceilings. The heated and cooled basement can be finished to

    Agent Photo
    Harry Samuels
    Pinnacle Realty
    (901) 460-2674
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  • Saturday, Jul 12
    1 - 5pm

    5706 Ardsley Dr E, Arlington, TN 38002

    $420,320

    • 3 Beds
    • 2 Baths
    • 2,200+ Sq Ft
    • 5706 Ardsley Dr E

    New Construction~ Myers Park is the most sought after communities in Arlington. Our Kensley floor plan offers 3 bedrooms down, 2 full baths and game room up stairs. This home offers an open concept floor plan. Lots of included features are Grants King spa/shower, gas range, microwave, Quartz counters. Covered patio, irrigation system included and lawn maintained by HOA. Myers Park offers

    Agent Photo
    Stephanie Dodd
    Grant & Co., REALTORS
    (901) 459-2843
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  • Saturday, Jul 12
    1 - 4pm

    11276 Ardsley Dr N, Arlington, TN 38002

    $449,130

    • 4 Beds
    • 3.5 Baths
    • 2,400+ Sq Ft
    • 11276 Ardsley Dr N

    Grant & Company This home has a breathtaking view of the lake. The Hudson offers 4 bedrooms 3.5 baths. This home offers an open floor plan and is a craftsman home with 3 bedrooms down with 4th bedroom, bath & playroom up. Lots of included features, Grant Exclusive King Spa/Shower, gas range cooktop, refrigerator, microwave, blinds and Quartz Counters. Covered Patio, irrigation system

    Agent Photo
    Stephanie Dodd
    Grant & Co., REALTORS
    (901) 445-9764
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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 Brad Vaughan, 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
Brad Vaughan
JASCO Realty
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