196 Highway, Collierville, TN 38017
Property image
Property image
FOR SALE
182.47 ACRES

$3,649,400

    196 Highway, Collierville, TN 38017

    Est. Mortgage $21,564/mo*
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    Home Highlights

    Listed
    29 days ago

    Local Information

    • Map ViewExplore the area around 196 Highway.
    • Schools1 Preschool School1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    PRIME PIPERTON LAND OPPORTUNITY. 182.47 ACRES INVESTMENT GRADE PROPERTY. Current Farm Income with Exceptional Hunting. Located on Hwy. 196 (Chulahoma Road), 1/2 Mile North of Hwy. 72, Piperton, Tennessee.
    Last check for updates: about 4 hours ago
    Listing courtesy of Lisa W Fitzgerald
    Main Street, REALTORS, (901) 853-5077
    Source: MAAR, MLS#10227142
    Also Listed on MAAR.

    Home Details for 196 Highway

    Interior Features

    Appliances & Utilities
    Utilities: Electricity Connected
    Gas & Electric
    Has Electric on Property

    Exterior Features

    Exterior Home Features
    Fencing: Fenced
    Frontage
    Road Frontage: State RoadRoad Surface Type: Paved
    Surface & Elevation
    Topography: Rolling, Wooded

    Days on Market

    Cumulative Days on Market: 10Days on Market: 29

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land

    Price & Status

    Price
    List Price: $3,649,400
    Status Change & Dates
    Possession Timing: Close Of Escrow

    Active Status

    MLS Status: Active

    Location

    Direction & Address
    City: Piperton

    Agent Information

    Listing Agent
    Listing ID: 10227142

    Lot Information

    Lot Area: 182.47 Acres

    Miscellaneous

    Mls Number: 10227142Living Area Range Units: Square Feet

    What Locals Say about Piperton

    At least 7 Trulia users voted on each feature.
    • 100 % Say parking is easy

    • 100 % Say yards are well-kept

    • 100 % Say it's quiet

    • 100 % Say people would walk alone at night

    • 100 % Say car is needed

    • 100 % Say there's holiday spirit

    • 91 % Say it's dog friendly

    • 90 % Say there's wildlife

    • 89 % Say they plan to stay for at least 5 years

    • 80 % Say kids play outside

    • 74 % Say neighbors are friendly

    • 38 % Say there are community events

    • 33 % Say streets are well-lit

    • 30 % Say there are sidewalks

    Sourced by Trulia users. Learn more about our methodology.
    • Mdaniel5363
      "Nice town low taxes and safe area, most people walk in the neighborhood. They are friendly and the police drive through the neighborhood multiple times per day. "
    • Michael Daniel
      "Most people have pets and walk their dogs around the neighborhood. They do a good job of picking up after their pets. "
    • Bosterclan18
      "Piperton is small, we have very few businesses. We feel safe and there is a lot of space to walk and ride bikes"
    • Buck_crislip
      "We have lived here for more than 4 years. Values will only go up and you have access to everything good from the Mississippi River to the rural towns of Lagrange and Somerville. Piperton has it figured out and has a great planning committe that will keep the essense of a small town yet will grow in a responsible planning that will keep taxes low, enhance the rural lifestyle but offer the finer things in life within a 40 minute radius."
    • Michael B.
      "Just outside of Shelby County yet still less than two minutes away from Hwy 385 and less than five minutes from the center of Colliervile."

    Market trends in Piperton

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    Sale-to-List Price
    Price per sq ft
    Available listings
    37
    1
    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    1.75
    Lot/Land
    -
    10/13/25
    -
    -
    3.48
    Lot/Land
    $210,000
    01/23/26
    -
    -
    3.52
    Lot/Land
    $210,000
    01/23/26
    -
    -
    3.76
    Lot/Land
    $165,000
    03/16/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.24
    $492,400
    4
    2.5
    -
    Off Market
    0.25
    $385,000
    4
    2.5
    2,623
    Recently Sold
    0.44
    $875,000
    4
    4
    4,319
    For Sale
    0.66
    $1,250,000
    -
    -
    -
    For Sale
    0.65
    $506,100
    6
    3.5
    3,300
    Off Market
    0.95
    $447,600
    5
    3
    2,976
    Off Market
    1.00
    $595,600
    4
    3
    2,536
    Off Market
    1.01
    $617,900
    3
    2.5
    3,598
    Off Market
    1.03
    $283,700
    3
    2
    1,686
    Off Market
    1.05
    $30,355,000
    -
    -
    -
    For Sale
    1.14
    $68,300
    -
    -
    -
    Off Market

    Price and Tax history

    DateEventPrice
    Jul 28, 2026
    Source: MAAR #10227142
    Listed For Sale
    $3,649,400
    Dec 27, 2023
    Source: MAAR #10111334
    Sold
    $240,000
    Oct 13, 2023
    Source: MAAR #10111334
    Pending
    $254,900
    Oct 3, 2023
    Source: MAAR #10111334
    PriceChange
    $254,900
    Price decreased by 2%
    Sep 25, 2023
    Source: MAAR #10111334
    PriceChange
    $259,900
    Price decreased by 82%

    LGBTQ Local Legal Protections

    Lisa W Fitzgerald, Main Street, REALTORS, (901) 853-5077
    Listing content and images Copyright 2026 Memphis Area Association of REALTORS®. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Do not rely upon listing data without independently verifying it.
    Some or all of the listings displayed may not belong to the firm whose website is being visited.

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    Frequently asked questions about 196 Highway

    • How big is 196 Highway?
      196 Highway in Collierville, TN is about 182.5 acres.
    • What is the price per acre for 196 Highway?
      196 Highway in Collierville, TN is listed at $3,649,400, or about $20K per acre.
    • What do residents say about Collierville?
      Residents describe Collierville, TN as easy to park in, well-kept, and quiet. Most residents say you need a car. See homes for sale in Collierville, TN.
    • What are the closest schools to 196 Highway?
      The closest schools to 196 Highway in Collierville, TN are Fayette Ware Comprehensive High School (rated 3/10), Southwest Elementary School (Pre-K, rated 6/10), West Junior High School (rated 4/10).
    196 Highway, Collierville, TN 38017 is a lot/land. This property is currently available for sale and was listed by MAAR on Jul 28, 2026. The MLS # for this home is MLS# 10227142.