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Sterling Place
3073 Walker Springs Drive, Lakeland, Tennessee 38002
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Cozy, Stylish 55+ Community of Sterling Place in Southwestern Tennessee Has Brick Single Family Homes, Walking Paths, Ponds, Planned Activities and Neighborly Residents
Outside of Memphis in southwestern Tennessee, Sterling Place is a small 55+ community with 120 stylish single family homes. Building by Grant and Company started in 2005 and finished in 2012.
This is not a gated neighborhood, but it is an attractive, quiet place. Homes are one and a half stories, including a loft, located fairly closely together and feature a brick exterior with a light or dark pitched roof, dormer windows and an attached garage that is at a 90 degree angle to the entryway. Floor plans are open and airy with approximately 1,750 square feet to 2,500 square feet. Bedrooms number two to four and baths two to three. Most interiors feature tall ceilings, granite countertops and stainless steel appliances. A nice back patio area is standard with each home.
Prices begin in the mid- to high-$200,000s. The HOA is about $119 per month. Please check with a Realtor to verify this price as it is bound to change.
Amenities are not on par with many newer 55+ communities, but residents say that Sterling Place has a nice feeling about it, and neighbors know one another. The grounds are well maintained, and homes encircle ponds, a fountain and a gazebo. There is no golf course or clubhouse, but homeowners enjoy walking paths and bicycling trails.
A number of clubs and activities keep residents involved. The Men's Breakfast Club meets on Wednesdays, and the Ladies Luncheon Club meets on Mondays. There are also holiday parties.
Lakeland is a nice suburban town and has been growing very fast. It does not have a hospital of its own, but Memphis, about 20 miles away, has several hospitals that are accredited.
Summer temperatures are in the 80s and 90s, while winter temperatures are in the 50s and 60s. On average, the area receives 48 inches of rain per year.
Homes do not come up for sale often. Currently one home is for sale at tinyurl.com/y5ww5cxf.
Tennessee:
The state's nickname was born in the War of 1812 when a contingent of volunteer soldiers fought valiantly at the Battle of New Orleans. The Volunteer State was the 16th to enter the Union on June 1, 1796. Today, it may be best known as the home of blues and country music. Its largest cities, Memphis and Nashville, have hosted the best in both genres from Muddy Waters and B. B. King to Johnny Cash and Dolly Parton.
Tennessee is only 112 miles wide, but its longitudinal borders stretch from the Appalachian Mountains to the Mississippi River. It contains 41,200 square miles of land and 926 square miles of water. Main land regions include the Blue Ridge, the Appalachian Ridge, the Cumberland Plateau, the Nashville Basin, and the Gulf Coastal Plain. Clingman's Dome, the state's highest point, is in the Blue Ridge. Weather throughout is generally mild. Winter and spring are the rainiest seasons. Hazardous storms are rare.
Farmland spreads over 44% of the state. Beef cattle and calves are top agricultural products. Tennessee's manufacturing industry produces processed foods, transportation equipment, and chemicals. Tourism is also a driving force.
Nashville's Grand Ole Opry began in 1925 as the WSM Barn Dance. It's one of the state's most popular attractions and remains on the record books as the longest running radio show in the U.S. Named after a city in Egypt, Memphis is home to Sun Studio and Elvis Presley's Graceland.
Stats:
Population - 6,651,218
Persons 65 years old and over - 15%
High school graduates, percent of persons age 25+ - 85%
Bachelor's degree or higher, pct of persons age 25+ - 24%
Persons of Hispanic or Latino origin, percent - 6%
White persons, not Hispanic, percent - 75%
Median household income - $45,219
Median home price - $144,400
Social Security taxed? No
Source: U.S. Census Bureau
What are the Benefits of a 55+ Development?
Developments designed for the 55+ crowd offer a lot of benefits. The main ones are security, plenty of recreation opportunities and a sense of community with people of similar backgrounds, but the benefits do not end there. Nearly all 55+ single family home communities, particularly newer ones, have single story homes, whether single family homes, town homes or condominiums. No more having to go up and down stairs all day long. Many have a homeowners' association that take care of the exterior maintenance, including mowing the lawn and shoveling the snow. Others have rental programs so that if you decide to go on vacation for six months, the association will find a qualified renter for you. There are even communities that will, for a monthly fee, provide meals, housekeeping and 24/7 emergency services.
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