Custom built modern farmhouse in the heart of Collierville, TN on ½ acre corner lot. This special home offers 5BDR (2 down including primary), 3.5BA, bonus room, large loft, & resort style outdoor living w/ saltwater gunite pool & covered patio. Noteworthy features on the 1s floor include a formal entry w/ grand staircase, a 2 story great room, double-sided gas fireplace, formal dining area that opens to a screened porch w/ fireplace, a gourmet kitchen w/ abundant cabinet & counter space, walk-in pantry & laundry room. The 2nd floor offers 3 BDR, 2BA (including one w/ a Jack & Jill layout), a bonus room w/ convertible reading nook & finished walk-in attic with a flex room & storage. Enjoy spectacular outdoor living with a cathedral covered patio, outdoor kitchen w/ bar seating, grassy side yard with play set, Amish built shed & elevated garden beds. Walk/ride to Collierville Elementary & the downtown square. Zoned to top rated Collierville Schools w/ easy access to Poplar Ave & Hwy385/I-269.
Single-familyProperty Type
2015Year Built
0.48 acresLot Size
2 spacesParking
Listed by Molly Stevens• Crye-Leike, Inc., REALTORS
Bought with Rhonda Avant• Coldwell Banker Collins-Maury
Est. $3,569 per month, based on comparable rentals
Sale and tax history for 431 Peterson Lake Rd
Sale History
Tax History
Date
Event
Price
Memphis Area Association of Realtors(R) MLS #10213794
Mar 18, 2026
Sold
$795,000
Jan 30, 2026
Listed
$795,000
Memphis Area Association of Realtors(R) MLS #10075855
Jun 30, 2020
Sold
$582,000
May 4, 2020
Listed
$579,900
+20
Farmhouse-style living in the center of Collierville! Cross the covered front porch & enter this Darnall Bros custom-built home to find a 2 story great room open to loft above ft. 2-sided fireplace & beautiful hardwoods. Formal dining on the other side of FP opens to spacious kitchen with SS appl. , breakfast bar, & tons of cabinet space. Office/bed, 1/2 bath, & Master down. 3 more beds, 2 baths, & bonus up. Relax year round on screen porch w wood-burning fireplace. 1/2 acre lot, 2 car garage.
Memphis Area Association of Realtors(R) MLS #9945969
May 15, 2015
Sold
$417,500
Mar 18, 2015
Price Changed
$419,900
Feb 26, 2015
Listed
$445,000
+20
New Construction 5 Bedroom, 3.5 Bath Home. Situated on 1/2 Acre Lot. 10 Ft. Smooth Ceilings down and 9 ft. Smooth Ceilings up. Open 2 Story Entry and Greatroom Featuring a see through fireplace and Picturesque Loft/Balcony area. Great Wood Trim Package, All Hardwood and Tile Flooring Downstairs. Nice Screened-In Porch off the Breakfast/Dining Room. 2 Baths up one is Jack-N-Jill. Great Closet Space in All the Bedrooms. Nice landscaping package. A Beautiful Home for the Pickiest of Buyers.
Year
Property tax
Land + Additions
Assessment*
2025
$9,459 (+15.4%)
$25,250 + $194,225
$219,475
2024
$8,197
$25,250 + $194,225
$219,475
2023
$8,197 (+2.3%)
$15,300 + $141,425
$156,725
2022
$8,009 (+9.3%)
$15,300 + $141,425
$156,725
2021
$7,326 (+34.9%)
$15,300 + $141,425
$156,725
2020
$5,432 (+45.2%)
$15,300 + $116,600
$131,900
2019
$3,741
$15,300 + $77,075
$92,375
2018
$3,741 (−1.5%)
$15,300 + $77,075
$92,375
2017
$3,797 (+18.8%)
$15,300 + $77,075
$92,375
2016
$3,196 (+378.0%)
$15,300 + $77,075
$92,375
2014
$669
$15,300 + $26,150
$41,450
Public record
Public record
Zoning
Permits
Beds
4
Baths
3.5
Stories
1.7
Lot width
115 ft.
Lot depth
166 ft.
Lot size
0.48 Acres
Year renovated
—
Sq. Ft.
3,214
Year built
2015
Style
Single Family Residential
County
Shelby County
APN
C0244Q C00006
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R-1
Low Density Residential District
These districts are designed to provide suitable areas for low density residential development characterized by an open appearance. The residential development will consist of single family detached dwellings and accessory structures. These districts also include community facilities, public utilities and open uses which serve specifically the residents of these districts. Further, it is the intent of this chapter that these districts be located so that the provision of appropriate urban services will be physically and economically feasible and so that provision is made for the orderly expansion and maintenance of urban residential development.
Permitted uses
Include but are not limited to:
Housing-Single unit
Educational/school
Fire house
Police station
Park & open space
Aug 9, 2021 • Final
Electrical
Electrical
Pool and hot tub
May 18, 2021 • Final
Plumbing
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
# of Covered Parking Spaces: 2
Parking/Storage: Driveway/Pad, Garage Door Opener(s), Side-Load Garage
Other Rooms: Laundry Room, Entry Hall, Loft/Balcony, Attic, Other (See Remarks)
Additional Bedroom/Bathroom Info: 1 or More BR Down, Master Bedroom Down, Luxury Master Bathroom, Double Vanity Bathroom , Separate Tub & Shower, Full Bathroom Down, Half Bathroom Down
Exterior
Exterior Features
Pool Description: Inground
Miscellaneous Exterior: Auto Lawn Sprinkler, Screen Porch, Covered Patio, Hot Tub, Well Landscaped Grounds, Wood Fence, Sidewalks, Other (See Remarks)
Lot Description: Corner, Level, Professionally Landscaped, Some Trees, Wood Fenced
Area: 873C
Property Information
Detached Single Family
Style: Traditional
Has Termite Contract
Property Construction Status: Existing Property
Year Built: 2015
Financial
Tax Information
Annual City Tax: $3,556
Annual County Tax: $5,904
Financing
Buyer Contributions: 0
Utilities
Utility Information
Water & Sewer: Public Sewer, Public Water
Heating: Central, Gas
Cooling: Ceiling Fan(s), Central
Location
Multi-Unit Information
Detached Unit Type: General Residential
Location Details
Directions: From Poplar Ave. in Collierville, head North on Peterson Lake Rd. Home is on your Left at the corner of Peterson Lake Rd. and Revell Point N.
MAAR Subdivision Name: HOUND HILL
Public facts
Beds: 4
Baths: 3.5
Sq. Ft.: 3,214
Stories: 1.7
Lot Size: 0.48 acres
Style: Single Family Residential
Year Built: 2015
Year Renovated: —
County: Shelby County
APN: C0244Q C00006
Home facts updated by county records on Jul 13, 2026
Around this home
Schools
Collierville Elementary School
Public PreK-5 • Assigned • 0.3mi
9/10
Collierville Middle School
Public 6-8 • Assigned • 1.6mi
8/10
Collierville High School
Public 9-12 • Assigned • 2.4mi
9/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 109° expected this year, 21 days in 30 years
4/10 Wind Factor
17% chance of strong winds in next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Collierville, TN • 38017
Average low and high temperatures (°F)
47
29
57
37
72
50
78
57
79
62
88
70
92
75
89
69
84
65
77
54
65
47
54
39
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.4 hours in
June and 4.7 hours in December, placing it above the
U.S. average for solar exposure.
10.4 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$737,000 – $892,000
Sell confidently with a local market expert in Collierville.
Property information provided by Memphis Area Association of Realtors(R) MLS when last listed in 2026. This data may not match public records. Learn more.