$1,549,000
$100K PRICE DROP

245 Cypress Lake Cove Arlington, TN 38002

Estimated payment $9,136/month

Total Views 396,773
6 Beds
8 Baths
9,304 Sq Ft
$166 Price per Sq Ft

Highlights

  • Attached Guest House
  • Lake On Lot
  • Waterfront
  • Home Theater
  • Lake View
  • Community Lake

About This Home

Property Overview Nestled within the prestigious, gated community of Cypress Lakes, this distinguished estate offers an unparalleled blend of privacy, security, and convenience. Designed with meticulous attention to detail, the residence sits on 11.36 acres, with approximately eight acres of usable land, and enjoys access to both a private lake with a fountain and a jointly owned community lake. Residents of Cypress Lakes benefit from 25 acres of common space, including a lakefront gazebo and waterfall feature, all while being just 10 minutes from Arlington's shopping, parks, emergency hospital, and I-40 access. Completed in 2017, this 9,300-square-foot home was designed to accommodate both daily living and large-scale entertaining. A total of five garage parking spaces with workspace and storage, along with a porte-cochère, ensures ample parking. Additionally, a separate and attached in-law wing—complete with its own private entrance, kitchen, security system, and laundry—offers flexibility for extended family or guests. Interior Highlights With ten-foot ceilings throughout, the home features a thoughtfully designed floor plan that balances grand formal spaces with comfortable living areas. The main level includes a great room with a gas fireplace, a formal dining room, and a living room that currently serves as a music room. The chef's kitchen is equipped with Viking, Electrolux and Kitchen aid appliances, including a five-burner gas cooktop with a pot filler, two dishwashers, two sinks, double ovens, a trash compactor, and an instant hot water dispenser. A 72" column counter-depth refrigerator and freezer provide generous storage, while an expansive walk-in pantry ensures ample space for essentials. The primary suite, located on the main floor, offers a private fireplace, dual vanities, a stand-alone air-jetted Mansfield tub, a walk-in shower with a soaking tub, and double walk-in closets with a dedicated full-size laundry area. Also on the main level is a second bedroom, full bath, half bath, along with two dedicated offices, a study, a mudroom, and an oversized laundry room—designed to accommodate two washers and dryers, an extra refrigerator, a sink, ample cabinetry, and hanging rods. The upper level features four additional ensuite bedrooms, a bonus landing with built-ins, a media room, a playroom with access to the rear upper deck, and a dedicated exercise room. A half-bath serves the shared living spaces. The home offers ample storage, including built-in shelving and two walk-in attics. Outdoor Living & Amenities Designed for both recreation and relaxation, the property boasts an outdoor kitchen with a gas fireplace, a covered patio, and multiple balconies. The motor court, complete with a basketball goal, provides additional recreational space, while a potting shed adds convenience for gardening enthusiasts. Systems & Infrastructure This estate is supported by two wells, a septic system, and electricity provided by Chickasaw Electric. Additional modern efficiencies include a central vacuum system, four HVAC units, and a tankless water heater. The windows are constructed of 100% cellular PVC, treated with plantation shutters, and closed cell spray foam insulation enhances durability and energy efficiency. Community & Location Cypress Lakes is an exclusive, gated community consisting of 12 estate-sized lots. Each residents contribute $2,750 annually for the maintenance of the gate, common areas, and irrigation system. Conveniently located just minutes from Kroger and within 35 minutes of Memphis International Airport, the estate offers a rare balance of seclusion and accessibility. For those seeking a distinguished residence in an exclusive, gated setting, 245 Cypress Lake Cove presents an exceptional opportunity.

Listing Agent

Andrew Houston

Coldwell Banker Southern Realty License #354503 Listed on: 03/21/2025

Coldwell Banker Southern Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,230

Year Built

  • Built in 2017

Lot Details

  • 11.36 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Private Entrance
  • Wrought Iron Fence
  • Back Yard Fenced

HOA Fees

  • $229 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Lighted Parking
  • Garage Door Opener
  • Additional Parking
  • 3 Open Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 9,304 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Sound System
  • Crown Molding
  • Smooth Ceilings
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Vinyl Clad Windows
  • Plantation Shutters
  • Entrance Foyer
  • Living Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Home Theater
  • Home Office
  • Game Room
  • Home Gym
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Built-In Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity
  • Bidet
  • Private Water Closet
  • Soaking Tub
  • Bathtub with Shower
  • Ceramic Tile in Bathrooms

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Washer and Dryer
  • Sink Near Laundry

Attic

  • Attic Floors
  • Walk-In Attic
  • Permanent Attic Stairs
  • Partially Finished Attic

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Lake On Lot
  • Lake Privileges
  • Balcony
  • Covered patio or porch
  • Outdoor Fireplace
  • Outdoor Kitchen
  • Terrace
  • Outdoor Grill
  • Rain Gutters

Additional Homes

  • Attached Guest House
  • 888 SF Accessory Dwelling Unit
  • Number of ADU Units: 1
  • ADU includes 1 Bedroom and 1 Bathroom
  • Efficiency Studio Dwelling Unit
  • Guest House Includes Living Room
  • Guest House Includes Kitchen
  • Guest House Has A Garage
  • ADU includes parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Well
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 062 013.03

Community Details

Overview

  • Association fees include ground maintenance, maintenance structure
  • Community Lake

Security

  • Building Fire Alarm

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,230

Year Built

Built in 2017

Lot Details

0

HOA Fees

$229 per month

Parking

5

Listing Details

  • Year Built: 2017
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoCommunityFeatures: Lake, Street Lights
  • Reso Fencing: Back Yard, Wrought Iron
  • ResoLaundryFeatures: Electric Dryer Hookup, Laundry Room, Main Level, Multiple Locations, Sink, Upper Level, Washer Hookup
  • ResoLotFeatures: Lake On Lot, Waterfront
  • Lot Size Acres: 11.36
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • View Type:Pond View: Lake
  • ResoSecurityFeatures: Fire Alarm, Security System, Smoke Detector(s)
  • Co List Office Phone: 731-668-1777
  • MLS Status: Active
  • Subdivision Name: None
  • Architectural Style: Other
  • Carport Y N: No
  • Reso Fireplace Features: Bedroom, Gas Log, Living Room, Outside
  • Unit Levels: Two
  • New Construction: No
  • Reso Window Features: Double Pane Windows, Low-Emissivity Windows, Plantation Shutters, Vinyl Frames
  • Financial Info Electric: 200+ Amp Service
  • Location Tax and Legal:Tax Annual Amount: 4229.99
  • Location Tax and Legal Parcel Number2: 062 013.03
  • General Property Information:Bathrooms Half: 2
  • General Property Information Accessibility Features YN2: No
  • General Property Information Lot Size Acres: 11.36
  • General Property Information Lot Size Dimensions: 694*792*527*740*92*976*259*871 IRR
  • General Property Information New Construction YN: No
  • General Property Information View YN2: Yes
  • General Property Information Waterfront YN: Yes
  • General Property Information Basement YN: No
  • General Property Information:Stories Total: 2
  • General Property Information Fireplace YN: Yes
  • General Property Information Fireplaces Total2: 3.0
  • General Property Information:Pool Private YN: No
  • General Property Information Accessory Dwelling Unit YN: Yes
  • Currently Not Used Association YN: Yes
  • Currently Not Used Cooling YN: Yes
  • General Property Information Carport YN: No
  • Appliances Microwave: Yes
  • Fencing Back Yard: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Flooring:Ceramic Tile: Yes
  • Flooring:Hardwood: Yes
  • Interior Features Ceramic Tile Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features:Main Level: Yes
  • Laundry Features Washer Hookup: Yes
  • Main Room Levels Main Level Bathrooms: 2
  • Main Room Levels Main Level Bedrooms: 2
  • Room Types:Laundry2: Yes
  • Room Types Living Room2: Yes
  • General Property Information Building Area Total2: 15392.0
  • Currently Not Used Heating YN: Yes
  • Cooling:Central Air: Yes
  • Accessory Dwelling Unit Features ADU Kitchen: Yes
  • Accessory Dwelling Unit Features ADU Living Room: Yes
  • Foundation Details Slab: Yes
  • Laundry Features Laundry Room: Yes
  • Accessory Dwelling Unit Features Laundry4: Yes
  • Interior Features Tub Shower Combo: Yes
  • Accessory Dwelling Unit Information ADU Attached YN: Yes
  • Accessory Dwelling Unit Information ADU Bathrooms: 1
  • Accessory Dwelling Unit Information ADU Bedrooms: 1
  • Accessory Dwelling Unit Information ADU Building Type: Internal
  • Accessory Dwelling Unit Information ADU Occupied YN: No
  • Accessory Dwelling Unit Information ADU Separate Address YN: No
  • Accessory Dwelling Unit Information Number of ADUs: 1
  • Room Types Bedroom Level: Upper
  • Room Types Dining Room2: Yes
  • Room Types Primary Bedroom Level: Main
  • General Property Information Resort YN: No
  • Currently Not Used Association Fee: 2750.0
  • Currently Not Used Association Fee Frequency: Annually
  • Interior Features Commode Room: Yes
  • Levels:Two: Yes
  • Parking Information Open Parking YN: Yes
  • Parking Information Open Parking Spaces4: 3.0
  • Water Source:Well: Yes
  • General Property Information Spa YN: No
  • Security Features:Smoke Detector(s): Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Information Home Warranty YN: Yes
  • Road Frontage Type:Private Road: Yes
  • Interior Features Untextured Ceilings: Yes
  • Room Types Laundry Level: Main
  • Room Types:Office: Yes
  • Security Features Fire Alarm: Yes
  • Fencing:Wrought Iron: Yes
  • Security Features:Security System: Yes
  • View:Lake2: Yes
  • Attic Features Partially Finished2: Yes
  • Accessory Dwelling Unit Information ADU Parking YN: Yes
  • Accessory Dwelling Unit Information ADU Rented YN: No
  • Accessory Dwelling Unit Information ADU SqFt: 888.0
  • Room Types Primary Bathroom Level: Main
  • Room Types Game Room2: Yes
  • Laundry Features:Sink: Yes
  • Room Types Media Room: Yes
  • Other Equipment:Home Theater: Yes
  • Room Types Foyer: Yes
  • Room Types Foyer Level: Main
  • Laundry Features Multiple Locations: Yes
  • Accessory Dwelling Unit Features ADU Efficiency: Yes
  • Laundry Features:Upper Level: Yes
  • Room Types Exercise Room: Yes
  • Accessory Dwelling Unit Features ADU Garage: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Bidet, Ceiling Fan(s), Central Vacuum, Ceramic Tile Shower, Commode Room, Crown Molding, Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, In-Law Floorplan, Kitchen Island, Pantry, Primary Downstairs, Soaking Tub, Sound System, Tub Shower Combo, Untextured Ceilings, Walk-In Closet(s)
  • Appliances: Built-In Electric Oven, Convection Oven, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Gas Cooktop, Gas Range, Ice Maker, Microwave, Range Hood, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Washer, Washer/Dryer, Water Heater
  • Private Spa: No
  • Other Equipment: Home Theater
  • Basement YN: No
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Stories: 2
  • Appliances Dishwasher: Yes
  • Appliances:Exhaust Fan: Yes
  • Appliances:Stainless Steel Appliance(s): Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Double Vanity: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Icemaker: Yes
  • Community Features:Street Lights: Yes
  • Fireplace Features:Living Room: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Fireplace Features:Gas Log: Yes
  • Appliances:Double Oven: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Outside: Yes
  • Interior Features:Crown Molding: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Soaking Tub: Yes
  • Appliances:Built-In Electric Oven: Yes
  • Appliances:Convection Oven: Yes
  • Attic Features:Floored: Yes
  • Attic Features:Permanent Stairs: Yes
  • Attic Features:Walk-In Attic: Yes
  • Interior Features:Central Vacuum: Yes
  • Community Features:Lake: Yes
  • Appliances:Tankless Water Heater: Yes
  • Interior Features:Sound System: Yes
  • Appliances:Range Hood: Yes
  • Appliances:WasherDryer: Yes
  • Fireplace Features:Bedroom: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Jetted Tub: Yes

Exterior Features

  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Privileges, Waterfront
  • Waterfront: Yes
  • Construction Type: Brick
  • Exterior Features: Balcony, Outdoor Grill, Outdoor Kitchen, Private Entrance, Rain Gutters
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Front Porch, Patio, Rear Porch, Terrace
  • Construction Materials:Brick: Yes
  • Exterior Features:Rain Gutters: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Window Features:Double Pane Windows: Yes
  • Lot Features:Waterfront2: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Window Features:Vinyl Frames: Yes
  • Window Features:Low Emissivity Windows: Yes
  • Waterfront Features:Lake Privileges: Yes
  • Waterfront Features:Waterfront3: Yes
  • Window Features:Plantation Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Outdoor Grill: Yes
  • Exterior Features:Outdoor Kitchen: Yes
  • Lot Features:Lake On Lot: Yes
  • Exterior Features:Private Entrance: Yes
  • Patio And Porch Features:Terrace: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Attached Garage: Yes
  • Open Parking Spaces: 3.0
  • Open Parking: Yes
  • Parking Features: Additional Parking, Concrete, Garage, Garage Door Opener, Lighted, Open
  • Total Parking Spaces: 5.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 5.0
  • General Property Information:Parking Total: 5.0
  • Parking Features:Concrete4: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Open: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Lighted: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • HeatingYN: Yes
  • Water Source: Well
  • Water Heater: Yes
  • Sewer Septic Tank: Yes
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Fee: 2750.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • Association Fee Includes:Maintenance Grounds2: Yes
  • Association Fee Includes:Maintenance Structure2: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Maintenance Structure

Lot Info

  • Parcel Number: 062 013.03
  • Lot Dimensions: 694*792*527*740*92*976*259*871 IRR
  • Lot Size Sq Ft: 494841.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4229.99

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,230 $327,525 $41,900 $285,625
2023 $4,230 $327,525 $0 $0
2022 $4,230 $327,525 $41,900 $285,625
2021 $4,230 $327,525 $41,900 $285,625
2020 $4,387 $327,525 $41,900 $285,625
2019 $4,387 $291,000 $48,200 $242,800
2018 $4,387 $291,000 $48,200 $242,800
2017 $3,475 $291,000 $48,200 $242,800
2016 $471 $29,325 $29,325 $0
2015 $471 $29,325 $29,325 $0
2014 -- $29,325 $29,325 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Price Changed $1,549,000 -3.1% $166 / Sq Ft
05/14/2025 05/14/25 Price Changed $1,599,000 -3.0% $172 / Sq Ft
03/21/2025 03/21/25 For Sale $1,649,000 +6.5% $177 / Sq Ft
03/20/2025 03/20/25 For Sale $1,549,000 -- $172 / Sq Ft
Source: Central West Tennessee Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $190,000 --
Quit Claim Deed -- --
Deed $243,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Closed -- No Value Available
Source: Public Records

About the Listing Agent

Andrew Houston

Coldwell Banker Southern Realty

(901) 665-3673

Section Image

Andrew Houston, REALTOR® – Strategic, Disciplined, and Client-Focused

Born and raised in Jackson, TN, I bring a unique blend of experience to real estate—combining military discipline, marketing expertise, and a passion for education to serve my clients with precision and clarity.

Before becoming a REALTOR® in 2020, I spent a decade (2008–2018) as a teacher, honing my ability to break down complex topics into clear, actionable steps—an invaluable skill in guiding clients through

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Source: Central West Tennessee Association of REALTORS®

MLS Number: 2501143

Central West Tennessee Association of REALTORS®

APN: 062-013.03