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3887 LAKEWOOD DR N Memphis, TN $ 699,000
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$ 699,000 Get more info
3887 LAKEWOOD DR N
$ 699,000
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3887 LAKEWOOD DR N

Memphis, TN, 38128
$ 699,000
Bedrooms6 Baths4.1 Sq 6,366

Monthly Estimate*

$ 4,361

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Single Family Home for sale in Memphis, TN

for $699,000 with 6 bedrooms and 4 full baths, 1 half bath. This 6,366 square foot home was built in 1975 on a lot size of 1.49.

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.

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Single Family Active

Price

$ 699,000

Bedrooms

6

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 5,929

Style

Soft Contemporary

Lot Size

1.49

Year Built

1975

Town/City

Memphis

County/Region

Shelby

MLS | Web ID

10204751
Features
General
Heating Central Gas
Cooling Ceiling Fan(s) Central
Roof Other (See REMARKS)
Fireplaces 2
Status Active Active
Full Baths 4
Half Baths 1
Other Rooms Laundry Room Play Room Bonus Room In-Law Quarters Loft/Balcony Attic
Legal Subdivision Name LYNNS
Style Soft Contemporary
Stories Count 1.5
County Shelby
Class Residential
Type Detached Single Family
Area 734C Raleigh/Scenic Hills
Parcel Number 084021 00072
Sale/Rent For Sale
Status Detail 0
Neighborhood Amenities Lake
Year Built 1975
Directions Ramill to Raleigh Millington to Lakewood Dr N. House on left and NO SIGN IN YARD. Private property to be accessed with confirmed appointment only.
City Memphis
Virtual Tour https://www.dropbox.com/scl/fi/79k7wc4rr876xck9wocqp/3887-Lakewood-Dr-N.mov?rlkey=v8q4tbe90novgq41fakb06yhz&e=1&st=uoz94l7k&dl=0
DOM 94
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Interior
Dining Room 15x16
Living Room Separate Dining Room Separate Den Great Room Breakfast Bar Separate Breakfast Room Pantry Keeping/Hearth Room
Kitchen Dimensions 21x22
Beds 6
Total Baths 4.1
Number of Rooms 12
Heated SqFt 6200-6399
Downstairs Bedrooms 5
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Exterior
Foundation Slab
Pool In Ground
Lot 2 & 1
Lot Size Area 1.49
Water & Sewer Public Sewer Public Water
Lot Size 1.49 acres
Lot Description Landscaped Level Some Trees Water Access Water Frontage Water View
Misc. Exterior Pool Cleaning Equipment Porch Deck
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* Excluded Features
List By
Crye-Leike, Inc., Realtors

Broker

Affordability Calculator

$4,855
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,361
Monthly Property Taxes
$494
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
460623 Elementary School
460624 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
12/17/2025$699,000 -7.42% Price Down
11/7/2025$755,000 -1.31% Price Down
10/6/2025$765,000 -1.29% Price Down
9/2/2025$775,000 Listed Price

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3887 LAKEWOOD DR N, Memphis, TN, 38128 is a Single Family Home for sale at $699,000 with 6,366 sqft and a lot size of 1.49. 3887 LAKEWOOD DR N has 6 bedrooms, 4.1 baths, and was built in 1975. The property's zip code is 38128 which is in Memphis, TN

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