Memphis · Home sale
4192 Loch Meade Pt in Lakeland sells for $1.35 million
A single-family home at 4192 Loch Meade Pt, Lakeland sold for $1,350,000 on August 28, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $1,350,000
- Sold
- August 28, 2026
- Property type
- Single-family home
- Living area
- 5,745 sq ft
- Price per sq ft
- $235
- Year built
- 1996
A lakefront home in Lakeland sold for $1,350,000 on August 28, 2026—nearly three times its 2012 sale price of $475,000. According to the Shelby County Assessor of Property's sales records, Barry & Mary L. Miller purchased the single-family home at 4192 Loch Meade Pt.
An aerial photo shows the property sitting directly on a lake, surrounded by other houses. The 5-bedroom, 4-bathroom home spans 5,745 square feet on a 0.56-acre lot, built in 1996.
At $1,350,000, the price works out to $235 per square foot, according to the Assessor's records. The sale price runs 23% above the market value on record of $1,101,700.
The jump from the 2012 sale reflects a dramatic shift in the property's value over the past 14 years.
What this sale costs to close
What does closing cost at this price? Under Shelby County custom the seller's larger charges are $350 for the settlement / closing fee and $45 for the wire / courier / payoff processing. With a 5% commission, the seller's estimated net is $1,276,779 before any mortgage payoff. A buyer putting 20% down would need about $297,365 at closing.
Source: Shelby County Assessor of Property, qualified sales (Shelby County ReGIS), document 26076654. Property details: Shelby County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
