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Lakeland Multifamily Home for Sale

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    $585,575 New Construction

    • 4 Beds
    • 4 Baths
    • 3,600+ Sq Ft

    12285 Richmark Way Dr, Arlington, TN 38002

    Looking for a large home in an established neighborhood. Well look no further. 4 bedrooms/4 bathrooms with a 3 car garage is here. Buyer gets to make selections such as paint, brick, and more. It takes 5-6 months from completion from the time the buyer makes selection. Seller requires $2500 in earnest money to be delivered to Baymark Title and Escrow.Please call me for more information.

    Francyetta Seward C21 Patterson & Assoc. Real Es

    12285 Richmark Way Dr, Arlington, TN 38002

Why Live in Lakeland

Lakeland, a neighborhood in Arlington, Tennessee, is uniquely situated around Garner Lake, the largest lake in Shelby County. This area offers a variety of outdoor activities such as boating, fishing, and swimming, making it a popular spot for nature enthusiasts. Homes in Lakeland range from modern neo-eclectic styles on quarter-acre lots to expansive waterfront estates with private docks. Prices vary, with lakefront properties starting at $700,000 and extending to $1 million, while homes farther from the lake range from $450,000 to $650,000. The neighborhood emphasizes nature conservation, with many developments reserving significant portions of land for native flora and fauna. Residents enjoy exclusive access to Garner Lake through subdivisions like Lakeland Estates and East Shores. The area also boasts several parks, including Windward Slopes Park with its playground and tennis courts, and Cool Springs Park with a scenic loop trail. The International Harvester Managerial Park features a clubhouse, paved trails, and the LAMP Amphitheatre, which hosts community events. Lakeland's Summer Entertainment Series and Fourth of July boat parade are local highlights. For daily needs, residents can shop at Sprouts Farmers Market, Kroger, and Aldi. Dining options include Boba Society Milk Tea & Snack Bar and Villa Castrioti Lakeland. The Lakeland School System, established in 2013, is highly rated, with Lakeland Elementary and Lakeland Preparatory School both receiving top grades. Arlington High School also serves the area. For additional amenities, Memphis is just 23 miles away.

Home Trends in Lakeland, TN

Housing Trends

Median Sale Price
$363,390
Median Single Family Sale Price
$398,195
Median Townhouse Sale Price
$365,000
Median 2 Bedroom Sale Price
$449,000
Average Price Per Sq Ft
$296
Number of Homes for Sale
35
Last 12 months Home Sales
113
Months of Supply
3.70
Median List Price
$447,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-12%
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