Lakeland Homes under $400,000

Lakeland Homes under $400,000

Welcome to Lakeland, Tennessee—a charming city nestled in the heart of Shelby County, just a stone's throw from the vibrant city of Memphis. Known for its picturesque landscapes and family-friendly atmosphere, Lakeland is a hidden gem that offers the perfect blend of suburban tranquility and urban convenience. With its lush parks, serene lakes, and friendly community vibe, it’s no wonder that many are drawn to this delightful area.

For homebuyers seeking affordable options, Lakeland presents an exciting opportunity with a variety of homes available under $400,000. Whether you're a first-time buyer, a growing family, or looking to downsize, you’ll find a diverse selection of properties that cater to your needs. From charming single-family homes with spacious yards to modern townhouses that offer low-maintenance living, the real estate market here is both dynamic and inviting.

Lakeland’s prime location means you can enjoy the peacefulness of suburban life while still having easy access to the bustling amenities of Memphis. Spend your weekends exploring local parks, enjoying community events, or indulging in the region's delicious dining options. With top-rated schools and a strong sense of community, Lakeland is an ideal place to plant your roots.

Discover the beauty and charm of Lakeland, TN, and find your dream home today. With homes under $400,000, the perfect opportunity awaits you in this thriving city!

Newest Lakeland Homes under $400,000

3032 Delvan Cv, Lakeland
$299,500
3 Beds ⋅ 2.1 Baths ⋅ 10230925 MLS
LAKELAND under 300,000! BRAND NEW ROOF! Colonial style home on large corner lot. Primary bedroom has separate space for an office or the flex space you need. Bonus room on 3rd floor. Huge living room with fireplace. Eat in kitchen and also a separate dining room. Covered patio and nice fenced backyard for your outdoor enjoyment. Stonebridge is a great neighborhood with Lakeland schools and close to shopping and expressway. Some photos are virtually staged

3032 Delvan Cv, Lakeland
9433 Woodcutter Ln, Lakeland
$319,900
3 Beds ⋅ 2 Baths ⋅ 10230625 MLS
$5,000 BUYER INCENTIVE with acceptable offer!!! You can be HOME FOR THE HOLIDAYS in this well cared for, move in ready home located in a peaceful Lakeland neighborhood with convenient access to shopping, dining, schools and major roadways. Pride of ownership shows throughout this 3 bed/2 bath home, with professional pest and lawn services maintained for the past 5 years. Enjoy the spacious and inviting fenced in backyard with a 14x35 patio - perfect for relaxing, grilling, or entertaining. Additional updates include an updated electrical panel and breaker replaced in 2021, plus HVAC and water heater replaced in 2018. Nest thermostat was installed in 2023! Attic has extra insulation and heavy duty pull down stairs for safer access! Landscape lighting and two resin storage sheds are included with this property. Don't miss your chance to be home in time for the holidays in this beautiful Lakeland gem! (All room dimensions are approximate and should be independently verified by buyer.)

9433 Woodcutter Ln, Lakeland
9370 Barley Mills Rd Unit #33, Lakeland
$191,000
3 Beds ⋅ 2.1 Baths ⋅ 10230518 MLS ⋅ Fairway Village BLDG.
Move-in ready and beautifully updated! This 3-bedroom, 2.5-bath condo offers approximately 1,700 square feet and has been updated from top to bottom. The renovated kitchen features new cabinets, countertops and appliances, while the bathrooms have also been updated. Additional improvements include new LVP flooring and new lighting throughout. The main level offers comfortable living space with a fireplace and access to the private outdoor area, while all three bedrooms are located upstairs. A detached garage features a new garage door and garage door opener. Enjoy low-maintenance living with access to the neighborhood pool and clubhouse. The HOA covers exterior maintenance, lawn care, exterior insurance, water and trash pickup. Conveniently located near shopping, restaurants, Lakeland schools and interstate access. Owner Agent

9370 Barley Mills Rd Unit #33, Lakeland
9184 Gainsborough Dr, Lakeland
$349,900
4 Beds ⋅ 2.1 Baths ⋅ 10230147 MLS
Beautifully updated Lakeland home with 3-bedrooms, 2.5-baths, & 4th bedroom or bonus on the third floor. Spacious living room with whitewashed brick fireplace, floating shelves, & tons of natural light. Completely renovated kitchen with soft sage-green cabinetry, gorgeous countertops, herringbone tile backsplash, stainless steel appliances, & a cozy breakfast nook, plus a separate formal dining room for larger gatherings. The spacious primary suite with sitting area & small balcony, & an updated bath with double vanities and walk-in shower. Upstairs are two additional bedrooms with a shared bathroom & a bonus room or 4th bedroom on the 3rd floor. Out back, an oversized concrete patio overlooking large, fenced yard with mature trees. This one truly has it all. Come see it for yourself!

9184 Gainsborough Dr, Lakeland
5309 Brunswick Rd, Lakeland
$275,000
3 Beds ⋅ 2 Baths ⋅ 10229946 MLS
In search of: Someone who wants a little more space without giving up convenience. This completely renovated home in Brunswick has been thoughtfully updated not only on the interior, but also all major systems like the roof, HVAC & water heater! Kitchen with beautiful rustic-looking tile floors & back splash, stainless steel appliances, gas cooking, large wooden top island & barn doors enclosing the nice-sized pantry & second bathroom! Split bedroom floorplan. Two main living spaces that could be used as formal living room and den or easily utilized as living room & dining room. You will have no issues finding the living space to be flexible! Spend evenings or mornings on either the front or back porch. Detached double-carport & extended gravel drive for maximum guest parking. **Only 4 minutes from 385 & 10 minutes from I-40. NO CITY TAXES.

5309 Brunswick Rd, Lakeland
3252 Club Grove Cv, Lakeland
$319,900
4 Beds ⋅ 2.1 Baths ⋅ 10229384 MLS
Welcome to 3252 Club Grove in Lakeland! This beautifully updated 4-bedroom, 2.5-bath home offers over 2,000 sqft and backs directly to the golf course. Inside, you’ll find updated flooring, modern lighting, a spacious living area with fireplace, and an updated kitchen featuring white cabinetry, granite countertops, and stainless steel appliances. The primary suite includes a renovated bath with a freestanding soaking tub, separate shower, and double vanity. Complete with a 2-car garage, plenty of living space, and a great Lakeland location. Offered at $319,900 — showings begin Tuesday September 1, 2026.

3252 Club Grove Cv, Lakeland
9102 Valkrie Ln, Lakeland
$335,000
3 Beds ⋅ 2.1 Baths ⋅ 10229431 MLS
Beautifully updated home in Lakeland! This property features a new roof, fresh interior paint, and brand-new flooring throughout, offering a clean and modern feel from the moment you walk in. The updated kitchen includes new appliances and stylish finishes, perfect for everyday living and entertaining. Both bathrooms have been thoughtfully renovated, adding comfort and value. Enjoy additional living space in the bright sunroom, ideal for relaxing or hosting guests. Move-in ready and conveniently located—this is a must-see!

9102 Valkrie Ln, Lakeland
3073 Long Bridge Ln, Lakeland
$314,975
4 Beds ⋅ 2 Baths ⋅ 10228635 MLS
Located in the highly sought-after Lakeland School District, this move-in-ready home has been freshly painted and features brand-new flooring throughout—NO CARPET! 4 bedrooms and 2 bathrooms home with a split floor plan offers plenty of space for living and entertaining. The kitchen features a separate breakfast nook and a dedicated dining area. The 2-car garage has also been upgraded with a freshly epoxied floor for a clean, polished finish.

3073 Long Bridge Ln, Lakeland
3084 Rising Sun Dr Unit #68, Lakeland
$156,900
2 Beds ⋅ 2 Baths ⋅ 10227783 MLS
Single-level 2BR/2BA condo in Lakeland, TN — no stairs anywhere. Updated kitchen and both baths, fresh paint throughout, laminate flooring in living areas, plush carpet in bedrooms. Move-in ready with a modern, cohesive feel. Ideal for downsizing, first-time buyers, or anyone wanting easy, no-step living. Quiet, family-friendly Lakeland community close to shopping, dining, and top schools, minutes from Memphis. Low-maintenance condo living with quality updates already done. Schedule your showing today! Owner/Agent

3084 Rising Sun Dr Unit #68, Lakeland
9281 Fletcher Trace Pky, Lakeland
$225,000
2 Beds ⋅ 2 Baths ⋅ 10226762 MLS
Great home located in Lakeland close to everything! This 2 bed, 2 full bath attached home is low maintenance & move-in ready. With one bedroom & full bath down & an oversized primary suite upstairs, this floorplan gives you the privacy & space you need. Open living room with stunning stone fireplace & a wall of windows with tons of natural light. Granite countertops in kitchen with eat-in breakfast area. Private deck & storage room and small fenced yard for easy maintenance. Zoned for Lakeland schools. Schedule your showing today!

9281 Fletcher Trace Pky, Lakeland
9592 Chi Chi Ln, Lakeland
$253,000
3 Beds ⋅ 2 Baths ⋅ 10226024 MLS
Well maintained split floor plan 3 bedroom 2 bath with walkin shower/tub in masterbath, stainless steel appliances in renovated kitchen and counter top only 2 years old, double door refrigerator with bottom drawer freezer, washer and dryer, 2 in faux wood blinds on kitchen bay windows and living room. Gas Fireplace with mantle shelf, wood floors throughout with tile bathrooms. One owner home. Must see to appreciate.

9592 Chi Chi Ln, Lakeland
9363 Glen Birnie Ln, Lakeland
$359,900
4 Beds ⋅ 3.1 Baths ⋅ 10221291 MLS
Spacious 4 bedroom, 3 bathroom home featuring fresh paint and new flooring throughout. This well designed layout offers plenty of room for both everyday living and entertaining. Step outside to a large back patio overlooking the golf course, creating the perfect space to relax and enjoy the view. A rare combination of comfort, space, and a peaceful setting in a highly desirable location.

9363 Glen Birnie Ln, Lakeland
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