Briscoe Ellett III

700 Lancelot Ln

Collierville, TN
$ 415,000 Beds 4 Baths 2.5 Sq 2,487
Monthly Estimate* How much can I afford?

A rare combination of space, privacy and effortless living in the heart of Collierville. Set on an expansive .52 acre corner lot, this beautifully maintained 4 bedroom home offers a thoughtfully designed floor plan with inviting spaces for everyday living and entertaining. A spacious bonus room with a closet adds exceptional versatility as a 5th bedroom, private office, guest retreat or media room. Step outside to an impressive screened porch overlooking the expansive backyard, creating a private outdoor retreat perfect for entertaining or unwinding at the end of the day. Additional highlights include a 2 car garage, newer roof and updated PEX plumbing throughout. With generous living spaces, an exceptional lot and incredible flexibility, this move in ready home presents a wonderful opportunity in Collierville, now offered at $415,000.

Single Family

  • Price
  • $ 415,000
  • City
  • Collierville
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • SHELBY
  • Half Bathrooms
  • 1
  • Area
  • Collierville - East
  • Lot Size
  • 0.53 Acres
  • Zip
  • 38017
  • Sqr Footage
  • 2,487
  • Year Built
  • 1983
  • Taxes
  • $ 3966
  • Style
  • Traditional
  • MLS#
  • 10218696
Listed By: John Green & Co., REALTORS
Data Source: Memphis MLS (MAAR)

Features

General

Heating Central
Cooling Central
Roof Composition Shingles
Fireplaces 1
Status Active
Full Baths 2
Half Baths 1
Other Rooms Laundry Room,Bonus Room
Legal Subdivision Name OAK VILLAGE SEC A
Style Traditional
Stories Count 2
County Shelby
Class Residential
Type Detached Single Family
Condo No
Area 873E
Parcel Number C0245S A00037
Status Active
Annual City Tax 1491
Annual County Tax 2475
Sale/Rent For Sale
Area Collierville - East
Service Type Full Service Listing
Neighborhood Association None
BEDROOM 5 DESCRIPTION Level 2
Year Built 1983
Directions Going East on Poplar,turn left on Collierville Arlington,at 4-way stop turn right on Fletcher. At the next 3-way stop turn left on Lancelot Lane,house will be on the right.
City Collierville
DOM 170

Interior Features

Dining Room 13x12
Living Room Separate Living Room,Separate Dining Room,Updated/Renovated Kitchen
Bedroom 4 Dimensions 12x11
Kitchen Dimensions 21x14
Living Room Dimensions 28x14
Bedroom 3 Dimensions 11x11
Bedroom 2 Dimensions 17x10
Beds 4
Total Baths 2.1
Fireplace Masonry,Gas Logs
Number of Rooms 8
Play/Bonus Room Dimension 20x13
BEDROOM 4 DESCRIPTION Level 2
MISC. INTERIOR Walk-In Closet(s),Permanent Attic Stairs,Attic Access,Powder/Dressing Room,Vent Hood/Exhaust Fan
FLOORS/CEILINGS Part Hardwood,Part Carpet,Tile,Vinyl/Luxury Vinyl Floor
INTERIOR EQUIPMENT Range/Oven,Refrigerator
BEDROOM 3 DESCRIPTION Level 2
BEDROOM 2 DESCRIPTION Level 2

Exterior Features

Foundation Slab
Pool None
Lot 37
Lot Size Area 0.53
Lot Size 116X161
Parking Display G2A
Lot Description Some Trees,Professionally Landscaped
# Covered Parking Spaces 2
PARKING/STORAGE Driveway/Pad,Storage Room(s),Garage Door Opener(s),Side-Load Garage
EXTERIOR/WINDOWS Vinyl Siding
Misc. Exterior Screen Porch

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Memphis, TN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/8/2026 Listed $425,000
6/9/2026 3% - $415,000

Property vs Zip Code Average in 38017

Price
AVG $670K
$420K
Taxes
AVG $5,592
$3,966
Year Built
AVG 2006
1983
Visits
AVG 88
150
Data Provided by Inside Real Estate®

Areas That We Cover

700 Lancelot Ln Collierville, TN is a Single Family Home for sale at $415000 with 2487 sqft and a lot size of 0.53 Acres Acre(s). 700 Lancelot Ln Collierville has 4 bedrooms, 2 baths and was built in 1983. The property's zip code is 38017 which is in Collierville, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Briscoe Ellett III

Briscoe Ellett III

901-282-9020

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