Information You MUST be pre-qualified before buying a Home.
Get pre-qualified by filling out our easy, 3 step form!
245 Cypress Lake Cove
Lakeland, TN 38002
Andrew Houston with Coldwell Banker Barnes, original listing - (731) 668-1777
$1,649,000
Conventional
Property
Bedroom
6
Bathroom
Full: 6, ½: 2
Property Type
Conventional
Square ft
9304 Square Feet
Property Description
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.
Property Information
Lot Size
11 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2017
MLS Number
--
Location
Address
245 Cypress Lake Cove
City
Lakeland
State
TN
Zip Code
38002
County
SHELBY (NORTHEAST)
Listing
Name
Phone
(731) 313-7355
Office Name
Office Phone
(731) 668-1777
Agent Name
Andrew Houston
Agency Phone
(731) 668-1777

Local Real Estate Expert

CU
Christy Utterback
Berkshire Hathaway Home Services McLemore & Co. Realty
Call Today!: (901) 870-1271

USHUD.com on the Go!

Foreclosure Mobile App
Ushud Foreclosure iPhone App
Ushud Foreclosure Android App

HUD Foreclosures
Free Foreclosure Listings
Foreclosure Listings Increasing

HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.