$446,630Average Value$169Average Price per Sq Ft66Homes 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.
1/2
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.
1/2
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.
1/2
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.
1/2
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.
1/2
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.
1/2
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
Vivian Denogean,
an experienced agent in this area.
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
On average, homes in Lakeland, TN sell after 88 days on the market compared to the national average of 54 days. The median sale price for homes in Lakeland, TN over the last 12 months is $460,000, consistent with the median home sale price over the previous 12 months.
Discover an exceptional 4-bedroom, 3.5-bath home near beautiful Garner Lake offering scenic water views and easy lake access for boating and fishing. Residents enjoy a neighborhood boat ramp plus a nearby park with walking trails, playground, tennis and paddleball courts, and the future Lakeland recreation center planned just across the street. Inside, the home shines with fresh paint, gleaming
OPEN HOUSE MARCH 14: 1-4PM & MARCH 15: 2-4PM! Brand new construction by TP Builders in Lakeland’s sought-after Evergreen subdivision! Perfect blend of modern comfort. You’ll love the 9-ft ceilings, vaulted & coffered accents, 8-ft interior doors & designer lighting that make the home feel bright & open. The kitchen is the heart of the home w/Frigidaire Gallery stainless appliances, 3cm quartz
$5K BUILDER BONUS! Beautiful new community in Lakeland just minutes from sought after Lakeland schools. This home has 2 bedrooms down, 2 bedrooms up with playroom or 5th bedroom. Elegant finishes throughout, double ovens, gas cooktop, and a vented hood. Ready late December. Neighborhood pool and pickle ball courts ready Summer 2026! Contact listing agent for more information.
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
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, including a luxurious
Escape to quiet living in the exclusive Grove at Lakeland. 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
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
New Price – Best Value in Oakwood! Nearly 4,000 sq ft in Lakeland’s desirable Oakwood community with clubhouse and pool. A rare opportunity to customize a spacious 4BR | 3.5BA home and build instant equity. This 3,940 sq ft home offers generous living spaces, large bedrooms, and a layout ideal for both everyday living and entertaining. With a little interior and exterior paint and minor cosmetic
**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
Beautifully maintained 4BR/4BA home with a bonus room in Arlington offering open-concept living, thoughtful design, and excellent functionality. The main living area features built-in shelving and a gas fireplace, flowing into a well-equipped kitchen with gas cooking, ample cabinetry, and island seating. A vaulted dining area with exposed beams adds natural light and character. The main-level
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.
Lakefront Living on Garner Lake – 9606 Blue Spruce Dr, Lakeland, TN This stunning lakefront home offers the perfect blend of classic charm and modern updates in one of Lakeland’s most sought-after communities. Nestled on the banks of Garner Lake, this beautifully maintained property features 3 bedrooms, 3.5 bathrooms, and a fully renovated kitchen and primary bath designed with both style and
Nestled in Plantation Hills and completely updated, this 5BD/3BA home features 3000+sqft on nearly 1/2 an acre. Enjoy a peaceful, tree-lined backyard from the great room w/vaulted ceilings or the brand new kitchen. New windows, new HVAC, new flooring throughout. Great layout with a large private primary suite, spacious guest bedrooms (two down & two up) PLUS a bonus room. Blinds have been added
Opportunity is here on an old farm that goes back to the 1940's. Only 3 acres left with 3 homes, barn, detached shop and swimming pool. This is an AS-IS sale. Value is in the land and location.Copyright 2025 Memphis Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently
32 Acres in the heart of Bolivar, TN. Property is setup for future subdivision.Bolivar/Hardeman County is in need for new homes.45 minutes from Blue Oval.Contact Alan Wright for more information 901-619-2920
Jamie SpencerMossy Oak Properties Tennessee Land & Farm
Available May 15th. Built 2022. Call the property manager vs sending a message in apps for a quicker response. Virtual showings can be arranged if out of state. 4brs and 4baths. Wonderful subdivision. 3280 square foot home featuring 9 foot ceilings downstairs and 8 foot ceilings upstairs, as well as open concept living.
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
We make Pre-Leasing easy! Apply now and, once you’re approved, take this home off the market by paying a Pre-Lease Hold Fee; ask your Leasing Professional for more information. Once the home is made ready, we'll notify you that it's available for touring and for you to accept or decline. If you decline the home, we'll be happy to help you find a different home or refund your Hold Fee. This home
Welcome to your dream home! Step inside this pet-friendly home featuring modern finishings and a layout designed with functionality in mind. Enjoy the storage space found in the kitchen and closets as well as the spacious living areas and natural light throughout. Enjoy outdoor living in your yard, perfect for gathering, relaxing, or gardening!Take advantage of the incredible location,
Please note, our homes are available on a first-come, first-serve basis and are not reserved until the holding fee agreement is signed and the holding fee is paid by the primary applicant.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 This home is priced to rent
Property Id: 12214385 minutes to Lakeland Elementary and Preparatory schools! Beautiful 4br/3ba Lakeland home with a HUGE bonus room, freshly painted 3000 sqft living space in the up and coming city of Lakeland! 2 BDs/2 BA down, a great location in a desirable family friendly neighborhood, soaring ceilings allow plenty of natural light, nice hardwood floors.Master bedroom is
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
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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.
