Contract failed, Back on market. Turnkey Investment or Lifestyle Property – This beautifully maintained 6 bedroom + Loft + Bonus Room, 4.1 bathrooms home is currently operated as a short-term rental and offers multiple income opportunities. Features include New In ground pool, modern kitchen, spacious living areas, serene 1.49 acre lot. Perfect as an investment property or primary residence. Buyer to verify all local regulations, zoning, and potential rental income. Income history available for informational purposes only; not guaranteed. Bedroom dimension are approx 15x17, 12x21, 12x18, 12x18, 10x17 with 13x13 Loft, 19x19 (2nd primary bedroom) with stove, frig and sink. Plus 17x47 Bonus Room. $50 yearly association cost. Stocked lake Hot tub and paddle boat included (not warrantied). Metal roof. Fiberglass heated salt water pool installed in 2024.
Sold for $685,000
$685,000
3887 N Lakewood Dr, Memphis, TN 38128
6beds
6,366sqft
Single Family Residence
Built in 1975
1.49 Acres Lot
$681,800 Zestimate®
$108/sqft
$4,586 Estimated rent
Home value
$681,800
$648,000 - $716,000
$4,586/mo
Zestimate® history
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List your homeWhat's special
New in ground poolMetal roofModern kitchen
Zillow last checked:
Listing updated:
Listed by:
Rachel B Gilliam,
Crye-Leike, Inc., REALTORS
Bought with:
Jeffrey W Britt
REMAX Experts
Source: MAAR,MLS#: 10204751
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Rooms
- Room types: Attic, Bonus Room, Loft/Balcony, Play Room
Primary bedroom
- Features: Smooth Ceiling
- Level: First
- Area: 255
- Dimensions: 17 x 15
Bedroom 2
- Features: Shared Bath, Smooth Ceiling, Walk-In Closet(s)
- Level: First
- Area: 252
- Dimensions: 21 x 12
Bedroom 3
- Features: Shared Bath, Smooth Ceiling, Walk-In Closet(s)
- Level: First
- Area: 216
- Dimensions: 18 x 12
Bedroom 4
- Features: Shared Bath, Smooth Ceiling, Walk-In Closet(s)
- Level: First
- Area: 216
- Dimensions: 18 x 12
Bedroom 5
- Features: Private Full Bath, Smooth Ceiling
- Level: First
- Area: 170
- Dimensions: 17 x 10
Primary bathroom
- Features: Double Vanity, Separate Shower, Smooth Ceiling, Full Bath
Dining room
- Features: Separate Dining Room
- Area: 240
- Dimensions: 16 x 15
Kitchen
- Features: Breakfast Bar, Keeping/Hearth Room, Pantry, Separate Breakfast Room
- Area: 462
- Dimensions: 22 x 21
Living room
- Features: Great Room, Separate Den
- Area: 176
- Dimensions: 16 x 11
Office
- Area: 169
- Dimensions: 13 x 13
Bonus room
- Area: 799
- Dimensions: 47 x 17
Den
- Area: 441
- Dimensions: 21 x 21
Heating
- Central, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Cooktop, Dishwasher, Double Oven, Microwave
- Laundry: Laundry Room
Features
- 1 or More BR Down, Primary Down, Primary Up, Two Primaries, High Ceilings, Walk-In Closet(s), Wet Bar, 2 or More Baths, 2nd Bedroom, 3rd Bedroom, 4th of More Bedrooms, Breakfast Room, Den/Great Room, Dining Room, Keeping/Hearth Room, Kitchen, Laundry Room, Primary Bedroom, Bonus Room, In-Law Floorplan, Square Feet Source: AutoFill (MAARdata) or Public Records (Cnty Assessor Site)
- Flooring: Concrete
- Attic: Walk-In
- Number of fireplaces: 2
Interior area
- Total interior livable area: 6,366 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Rear, Circular Driveway, Driveway/Pad
- Has garage: Yes
- Covered spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 1.5
- Patio & porch: Porch, Deck
- Has private pool: Yes
- Pool features: Pool Cleaning Equipment, In Ground
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Water Access, Waterfront
Lot
- Size: 1.49 Acres
- Dimensions: 1.49 acres
- Features: Landscaped, Level, Some Trees
Details
- Parcel number: 084021 00072
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Soft Contemporary
- Property subtype: Single Family Residence
Materials
- Stone, Wood/Composition
- Foundation: Slab
- Roof: Other (See REMARKS)
Condition
- New construction: No
- Year built: 1975
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Lake
- Subdivision: Lynns
HOA
- Has HOA: Yes
- HOA fee: $50 annually
Location
- Region: Memphis
Financial & listing details
- Price per square foot: $108/sqft
- Tax assessed value: $572,400
- Annual tax amount: $5,929
- Price range: $685K - $685K
- Date on market: 9/2/2025
- Cumulative days on market: 178 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Sold | $685,000-2%$108/sqft |
Source:  MAAR #10204751 Report a problem | ||
| 3/23/2026 | Pending sale | $699,000$110/sqft |
Source: MAAR #10204751 Report a problem | ||
| 12/17/2025 | Price change | $699,000-7.4%$110/sqft |
Source: MAAR #10204751 Report a problem | ||
| 12/6/2025 | Pending sale | $755,000$119/sqft |
Source: MAAR #10204751 Report a problem | ||
| 11/7/2025 | Price change | $755,000-1.3%$119/sqft |
Source: MAAR #10204751 Report a problem | ||
| 10/6/2025 | Price change | $765,000-1.3%$120/sqft |
Source: MAAR #10204751 Report a problem | ||
| 9/2/2025 | Listed for sale | $775,000+42.2%$122/sqft |
Source: MAAR #10204751 Report a problem | ||
| 12/4/2023 | Sold | $545,000+0.9%$86/sqft |
Source: MAAR #10158960 Report a problem | ||
| 11/27/2023 | Pending sale | $540,000$85/sqft |
Source: MAAR #10158960 Report a problem | ||
| 11/6/2023 | Contingent | $540,000$85/sqft |
Source: MAAR #10158960 Report a problem | ||
| 10/31/2023 | Listed for sale | $540,000$85/sqft |
Source: MAAR #10158960 Report a problem | ||
| 10/18/2023 | Contingent | $540,000$85/sqft |
Source: MAAR #10158960 Report a problem | ||
| 10/17/2023 | Listed for sale | $540,000+66.2%$85/sqft |
Source: MAAR #10158960 Report a problem | ||
| 11/17/2016 | Sold | $325,000-15.6%$51/sqft |
Source: MAAR #9973090 Report a problem | ||
| 3/21/2016 | Listed for sale | $385,000+45.3%$60/sqft |
Source: REMAX Real Estate Experts, LLC #9973090 Report a problem | ||
| 6/18/1999 | Sold | $265,000$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,543 +27.2% | $143,100 +59% |
| 2024 | $5,929 +8.1% | $90,025 |
| 2023 | $5,484 | $90,025 |
| 2022 | -- | $90,025 |
| 2021 | -- | $90,025 +10.7% |
| 2020 | $2,599 | $81,325 |
| 2019 | $2,599 -21.1% | $81,325 |
| 2018 | $3,294 -45.1% | $81,325 |
| 2017 | $6,003 +201.7% | $81,325 +39% |
| 2016 | $1,990 -0.9% | $58,525 |
| 2014 | $2,007 | $58,525 |
| 2013 | -- | $58,525 -7% |
| 2012 | -- | $62,950 |
| 2011 | -- | $62,950 |
| 2010 | -- | $62,950 |
| 2009 | -- | $62,950 -7.5% |
| 2008 | -- | $68,025 |
| 2007 | -- | $68,025 |
| 2006 | -- | $68,025 |
| 2005 | -- | $68,025 -6.8% |
| 2004 | -- | $73,000 |
| 2003 | -- | $73,000 |
| 2002 | -- | $73,000 -4.8% |
| 2001 | -- | $76,675 +18.7% |
| 2000 | -- | $64,575 |
Find assessor info on the county website
Neighborhood: Raleigh
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Nearby schools
GreatSchools rating
- 3/10Scenic Hills Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 4/10Raleigh Egypt High SchoolGrades: 6-12Distance: 1.7 mi
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- Shelby County
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- 3887 N Lakewood Dr
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