$447,037Average Value$167Average Price per Sq Ft69Homes For Sale
A still-developing community rising from a past full of amusement
Entertainment is part of Lakeland’s core, not just because of its outdoor amphitheater and public golf course. The land that makes up this city was once part of Lakeland Amusement Park, a popular attraction in the 1960s and ’70s with ambitious goals of developing into the world’s largest playground. The park closed down in 1977, and residential development popped up in its place. Now a community of 14,000, Lakeland features spacious modern homes and continues steady but measured growth. “Lakeland’s just a hot area, so all of the neighborhoods are good,” says Lauren Cansler, a Realtor with Crye-Leike Real Estate Services and a longtime area resident. “If you see the 38002 [zip code], people normally jump on it.”
Lakeland is a quaint residential suburb on the eastern side of the Memphis metro area.
Lakeland is a quiet, relaxing town filled with natural beauty.
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Whether established or new, Lakeland homes come with character
The city was incorporated in 1977 in the wake of the amusement park’s closure. This results in most homes dating from the mid-20th century or more recently. The 240-acre, man-made Garner Lake was once the anchor of the amusement park, and one of the park’s signature draws was its sky ride, which carried passengers over the water. Today, the lake is a private recreation amenity for those who own one of the hundreds of homes by the water in subdivisions like Lakeland Estates and Windward Slopes. Many of these houses were constructed between the 1970s and early 2000s and sell for anywhere from $300,000 to $900,000. “I’ve been here since the ’60s and I actually own a house on the lake where one of the sky lifts landed. So, it’s really, really cool,” Cansler says. “I actually owned the property on the other side of the lake where the other side of the sky lift landed… What it has to offer is it’s very clean. The homeowner association’s very strict out here, so they don’t allow a lot of debris and big signs that make it look commercial.”
Recent construction in Lakeland is mainly located north and east of Garner Lake, in developments including Herons Ridge and Oakwood Grove. These homes go for $500,000 to $850,000. The median list price in town is $484,500, and the average square footage here is about 2,700 — both marks are significantly higher than in nearby Memphis. “Everything is individual, there’s not any cookie-cutter homes out here,” Cansler says.
Waterfront homes often feature docks and slips for Lakeland homeowners to tie up their boats.
Many of Lakeland's homes are large and sit atop spacious lots.
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BlueOval is poised to boost the job sector
While Lakeland is mainly residential, the wider region provides jobs in healthcare, manufacturing, and transportation and warehousing. Saint Francis is one of the major players in the healthcare sector, including the 196-bed Saint Francis Hospital-Bartlett, 2 miles west of Lakeland. Neighboring the city, Memphis is home to headquarters for Fortune 500 companies, including FedEx, International Paper and AutoZone. A new Ford manufacturing complex 26 miles away in Stanton, called BlueOval City, is expected to begin producing electric trucks in 2027, bringing several thousand more jobs to the area.
BlueOval City is an expansive Ford plant under construction near Lakeland.
FedEx is a major employer for Lakeland and the Memphis area.
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Garner Lake still garners plenty of attention
Garner Lake is a significant part of life for many who live near it, with many homes directly on the water featuring docks out back. The lake, which is the largest across Shelby County, is open to boating, swimming and fishing. International Harvester Managerial Park has another fishing lake, plus “The LAMP" Amphitheatre, which hosts summer outdoor concerts and movie nights. The public Lakeland Golf Club has an 18-hole course open year-round in a region with hot summers and temperate winters.
Lakeland Golf and Paddle Club features a sprawling 18-hole golf course.
Garner Lake is a private lake that provides local homeowners convenient summertime recreation.
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Lake District and Lakeland Town Square are symbols of steady growth
As the city’s population has grown by 12% since 2010, Lakeland has been strategic about development from both commercial and residential standpoints. Mixed-use areas like Lakeland Town Square and The Lake District have recently opened, offering some local eateries and other businesses. But much of the area’s shopping and dining is outside the city, including the Wolfchase Galleria mall, 2 miles away in Memphis. “Lakeland is only about 20 minutes away from pretty much anything,” Cansler says.
The Lake District is a new development located just off of Canada Road and I-40 in Lakeland.
Lakeland has expanded in recent years, bringing in new shops and cafes such as Carrington Oaks.
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Expanding Lakeland school system is a draw
The Lakeland School System, with its A grade on Niche, is why some families want to live here. The district dates back to 2013 and is still expanding to full coverage. Students have historically jumped from Lakeland Preparatory for middle school to Arlington High in the Arlington Community Schools system. However, Lakeland Preparatory received a $40 million addition to begin accommodating high school grades. The transition started with Grade 9 in the 2022-23 school year, with plans to add one additional high school grade in each successive year.
Lakeland Elementary School encourages creativity and individuality.
Lakeland Preparatory School currently serves students from 5th grade through 10th grade.
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Interstate 40 is the link to the region’s hubs
Part of Interstate 40 cuts through Lakeland. The highway is a direct link to Memphis, 20 miles west, and Nashville, roughly 190 miles east. I-40 and I-240 take travelers to the Memphis International Airport, a 24-mile trip.
Crime
The Shelby County Sheriff's Office provides policing in Lakeland. According to the Memphis Shelby Crime Commission, the property crime rate across Shelby dropped 20%, the violent crime rate fell 2% and the overall crime rate decreased 11% from 2023 to 2024.
Written By
Wayne Epps Jr.
Photography Contributed By
Aaron Bloodworth
Video By
Colleen Carey
Interested in learning more about homes in this area?
Reach out to
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GreatSchools:
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On average, homes in Lakeland, TN sell after 85 days on the market compared to the national average of 55 days. The median sale price for homes in Lakeland, TN over the last 12 months is $478,000, up 6% from the median home sale price over the previous 12 months.
SPRING IS IN THE AIR AND SO IS OUR NEW PRICING! Designed for the discerning professional, this custom estate offers a refined balance of sophisticated entertaining and peaceful seclusion. Arrive through handcrafted Tuscan iron doors into a home defined by architectural elegance, featuring 10ft ceilings and seamless indoor-outdoor living. The gourmet kitchen is a chef’s dream w/an oversized
OPEN-SUN- 4/12-12:30-2- Lakefront living at its finest! This custom-built 4BR, 4BA home on the coveted shores of Garner Lake offers a rare chance to enjoy breathtaking water views every day. Step through the grand entry into a dramatic two-story foyer with elegant wrought iron railing and rich wide-plank hardwoods flowing across the main level. Two spacious primary suites are located downstairs,
Better than NEW Construction. Exquisite Lakeland home has 5 bedrooms (5th can be bonus or bed) homewith 3 full bathrooms is ready for its new owner. This home feels like new with its open floor plan, beautiful floors, plantation shutters, gorgeous light fixtures and flawless design.Downstairs you will find 2 bedrooms, a flexible space for dining, living or a study and don't miss the extended
Beautiful custom home built on 1.96 acres. Lots of trees surrounding the property. 4BR with primary BR down including FRPl and sitting room/split vanities/large tub/two walk-in closets/toilet closet. Office and bonus room up. Large Kitchen with high bar/eating area/pantry/keeping room with FRPL. Formal dining room and two story entry. Living room. Both front and back covered porches. Large 32' x
Welcome to this beautiful Lakeland home nestled in a highly desirable neighborhood! Step through the front door into a formal entryway that opens into a spacious living room featuring lvp flooring and a cozy gas fireplace—perfect for relaxing or entertaining. Just off the living room, you’ll find a well-appointed kitchen offering ample counter space, a convenient breakfast bar, and a charming
Lakeland schools~Previous St Jude Dream home features 5 bedrooms or 4 bedrooms with a bonus room on a nice corner lot ~Primary bedroom downstairs~living room with built in shelves~large dining room~spacious kitchen open to breakfast nook and hearth room~double ovens~gas cook top~upstairsBedroom #2 has private bathroom~covered patio~3 car garage ~ new carpet in bedrooms. Roof replaced 2018.
Located in a desirable 55+ community, this beautiful brick home offers exceptional space, accessibility, with large oversized rooms .The primary suite is located on the main level and features hardwood floors, crown molding, recessed lighting, plantation shutters, and a private office nook—perfect for working from home or quiet reading. The open kitchen flows seamlessly into the family room and
SPRING IS IN THE AIR AND SO IS OUR NEW PRICING! Designed for the discerning professional, this custom estate offers a refined balance of sophisticated entertaining and peaceful seclusion. Arrive through handcrafted Tuscan iron doors into a home defined by architectural elegance, featuring 10ft ceilings and seamless indoor-outdoor living. The gourmet kitchen is a chef’s dream w/an oversized
OPEN-SUN- 4/12-12:30-2- Lakefront living at its finest! This custom-built 4BR, 4BA home on the coveted shores of Garner Lake offers a rare chance to enjoy breathtaking water views every day. Step through the grand entry into a dramatic two-story foyer with elegant wrought iron railing and rich wide-plank hardwoods flowing across the main level. Two spacious primary suites are located downstairs,
Adding to the allure of this prime location are the recently completed Lakeland High School and Lakeland Commons projects, further enhancing the area's appeal and solidifying its status as a desirable destination for families, professionals, and investors alike.
Effortless style and golf course living in the heart of Lakeland! This totally remodeled 3-bedroom, 2-bath home offers 1,550 square feet of thoughtfully designed living space where every inch has been maximized for function and flow. Step inside to a completely open-concept layout featuring a stunning oversized granite island that anchors the kitchen and living space perfect for entertaining or
Private backyard backing to protected greenspace—something rarely found in Arlington. This 7-year-old home offers a newer construction feel with upgrades already done, including built-ins, office, and outdoor firepit living. Beautifully maintained 4BR/4BA with bonus room featuring open-concept living, gas fireplace, and a well-equipped kitchen with gas cooking and island seating. Vaulted dining
**NEW PRICE!** This ±50-acre property offers unmatched potential in one of Lakeland’s most desirable growth corridors. With approximately 35 buildable acres, this parcel is included in Lakeland’s updated Future Land Use Plan for mixed-use development. The site is ideal for a visionary developer looking to create the next sought-after community. Features include: ~2000ft of road frontage on Hwy
Experience refined country living in this exceptional custom-built Farm Home, gracefully positioned on 13 picturesque acres overlooking a private, fully stocked lake. Impeccably maintained and thoughtfully upgraded throughout, this home offers a perfect blend of elegance and comfort. From the moment you step inside, you’re welcomed by expansive open living spaces, soaring vaulted ceilings, and
Beautiful 3-bedroom, 2-bath home located in the highly desirable town of Lakeland, known for its top-rated schools. Conveniently situated near shopping, dining, and quick interstate access, this home offers both comfort and accessibility. Positioned on a large corner lot in a charming neighborhood featuring a scenic pond, it provides a peaceful setting with great curb appeal. The home has been
Our incredible location near a plethora of exciting local attractions, such as Arlington Depot Square and The Lake District, ties it all together. Right off I-40 and SR 385, major employers such as Ford Blue Oval Plant and MicroPort Orthopedics are within reach. Restocking the fridge and pantry, updating your wardrobe, and meeting up with friends are all possible without having to stray too far
Exquisitely designed and landscaped, Somerset at Lakeland offers a wonderful blend of convenience and care free living along with an energetic team dedicated to your satisfaction and an unmatched standard of excellence in living in Lakeland, TN. Just minutes from both Cordova and Bartlett, we are located within the Lakeland School District with spacious one, two- and three-bedroom apartment
Property Id: 2437267For rent a 2 bedroom 2,5 bath, all bedrooms upstairs freshly painted and remodeled condo. Washer dryer in unit. Water, sewer and garbage included in monthly rent. Only pay electricity and cable. Balcony and parking front of the door.
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the lease is signed by all applicants and security deposits are collected.This home features Progress Smart Home - Progress Residential's smart home app, which allows you to control the home securely from any of your devices. Learn more at Want to tour on your own? Click the “Self
Stonebridge Crossing offers renovated 1-, 2-, and 3-bedroom apartments in the Cordova-Appling neighborhood outside of Memphis. These are pet-friendly apartments with access to an off-leash dog park. Select upgraded homes include hardwood-style flooring, fireplaces, walk-in closets, vaulted ceilings, dedicated dining areas, sunrooms, and balconies or patios. Community amenities include a swimming
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