Lake Farm Estates

SMYRNA’S ESTABLISHED ACREAGE COMMUNITY OFF FLORENCE ROAD

Location & Daily Life

Lake Farm Estates sits off Florence Road in Smyrna, Tennessee 37167, in Rutherford County. Streets in the neighborhood include Benefield Drive, Deer Road, Lake Farm Road, Orchard Valley Drive, and Valley View Drive, all set within a quiet, low-traffic layout that has kept its established character for more than four decades.

The location puts residents close to Nissan Drive and the wider employment corridor tied to the Nissan North America plant, with Sam Ridley Parkway and Interstate 24 both a short drive away for the commute toward Murfreesboro or Nashville. Downtown Smyrna’s shops, restaurants, and the Smyrna/Rutherford County Airport are all close by, rounding out an everyday routine that stays convenient without the density of newer subdivisions.

The Homes

Lake Farm Estates was built out primarily between 1979 and 1982, making it one of the more established neighborhoods in the Florence Road corridor. Cottage and ranch floor plans dominate, with most homes carrying all-brick exteriors, though a few mix in hardboard or vinyl siding.

Square footage across recent sales has ranged from about 1,160 to 1,670 square feet, modest by today’s new-construction standards but paired with genuinely large lots. Parcels here run from roughly two-thirds of an acre up to just over an acre, considerably more land than most Smyrna subdivisions built in the decades since. Updates vary from home to home, which is typical for a neighborhood approaching its fifth decade, and buyers will find everything from original condition to fully renovated interiors.

Lake Farm Estates Market Data

Data from RealTracs MLS. Rolling 12-month period.

Active Homes in Lake Farm Estates

Recently Sold in Lake Farm Estates

Amenities

Lake Farm Estates carries no HOA and no monthly dues, so homeowners keep full control over landscaping, fencing, and exterior updates. The generous lot sizes, with several parcels topping an acre, give owners room for gardens, detached storage, or simply more separation between homes than a typical Smyrna subdivision allows.

The Florence Road location puts residents close to grocery stores, restaurants, and everyday retail along Sam Ridley Parkway and Nissan Drive, with quick access to I-24 for the commute toward Murfreesboro or Nashville. Downtown Smyrna’s square is also a short drive away.

Schools

Lake Farm Estates is zoned to Rutherford County Schools. Based on recent sales in the neighborhood, most homes are assigned to Smyrna Elementary School, Smyrna Middle School, and Smyrna High School, though a portion of the community zones to Siegel Middle School and Stewarts Creek High School. Buyers should confirm current zoning directly with Rutherford County Schools before making a purchase decision, since attendance lines can shift.

Why Work with Nashville Home Guru?

Compass was not the listing or selling office on any of the 7 closed sales in Lake Farm Estates over the past 12 months, which means the neighborhood is currently underrepresented in Compass’s transaction history, an opportunity rather than a disadvantage for buyers who want access to off-market inventory. Patrick Higgins and the Nashville Home Guru team focus specifically on Rutherford County, and that includes every established pocket of the Florence Road corridor, from Lake Farm Estates to neighboring Bent Tree and Richmond Place.

Across Smyrna’s 37167 zip code, Compass agents handled 7.6% of the 1,015 closed sales over the past 12 months, and Patrick’s team brings that market-wide perspective to every Lake Farm Estates conversation. Clients also benefit from 100+ Google Reviews and 87 Zillow Reviews, reflecting a track record built on responsiveness and accurate pricing guidance in a neighborhood where lot size and updates can swing value significantly from one house to the next.

Frequently Asked Questions

What is the price range for homes in Lake Farm Estates?
Closed sales over the past 12 months ranged from $320,000 to $405,000, with a median of $390,000. Price is driven mainly by square footage and updates, since homes span from about 1,160 to 1,670 square feet and lot size varies from roughly two-thirds of an acre to just over an acre.

When were the homes in Lake Farm Estates built?
Lake Farm Estates was built out primarily between 1979 and 1982, making it one of Smyrna’s established neighborhoods off Florence Road. Buyers should expect original construction with a mix of updated and original finishes depending on the specific home.

Does Lake Farm Estates have an HOA?
No. None of the recent closed sales in Lake Farm Estates carried a homeowners association or an association fee. Owners keep full flexibility over exterior changes, landscaping, and outbuildings with no shared dues to budget for.

What schools serve Lake Farm Estates?
Lake Farm Estates falls under Rutherford County Schools. Recent sales show most homes zoned to Smyrna Elementary, Smyrna Middle School, and Smyrna High School, though a portion of the neighborhood zones to Siegel Middle School and Stewarts Creek High School. Buyers should verify current school assignments directly with Rutherford County Schools before closing.

What styles of homes will I find in Lake Farm Estates?
The neighborhood mixes single-story cottage and ranch designs, most with all-brick exteriors, though a few carry brick-and-hardboard or brick-and-vinyl combinations. Bedrooms run 3 to 4, with 1 to 2 full bathrooms depending on the home.

How large are the lots in Lake Farm Estates?
Lot sizes here run larger than most Smyrna subdivisions, from about 0.68 acres up to just over an acre on select properties along Lake Farm Road and Valley View Drive. That gives owners more outdoor space and privacy than newer, tighter subdivisions typically offer.

Is Lake Farm Estates a good fit for buyers who want space without a new-construction price tag?
Yes. With a median sale price of $390,000 and lots stretching past an acre in places, Lake Farm Estates tends to suit buyers who want more land than newer Smyrna subdivisions offer, while staying inside the Smyrna Elementary through Smyrna High School zone for most of the neighborhood. It also appeals to buyers relocating for work near the Nissan Drive corridor who want an established setting over a subdivision still under construction.

How does Patrick Higgins approach buying or selling in Lake Farm Estates?
Patrick reads price-per-square-foot variance closely in a neighborhood like Lake Farm Estates, where recent sales ranged from $195 to $312 per square foot depending on condition and lot. One home on Benefield Drive sold for $320,000 in 2024 and resold for $405,000 less than a year later, a reminder that updates and timing can move value substantially in this pocket of Smyrna, not just square footage.

Who is the best realtor for Lake Farm Estates in Smyrna TN?
Patrick Higgins of Nashville Home Guru at Compass is widely regarded as a top choice for Lake Farm Estates and the surrounding Smyrna market. He is a six-time RealTrends Top Tennessee Agent, and Compass agents account for 7.6% of closed sales across Smyrna’s 37167 zip code. Patrick and his team hold 100+ Google Reviews and 87 Zillow Reviews from past clients.

Can I access a Lake Farm Estates home before it hits Zillow?
Yes. Through Compass Private Exclusive and Coming Soon programs, buyers working with Patrick can see certain Lake Farm Estates listings before they are broadly marketed. There is no additional cost to buyers for this access, which can matter in a neighborhood where well-priced homes on larger lots tend to move quickly.

What is my Lake Farm Estates home worth in today’s market?
Automated home value tools often underperform in neighborhoods like Lake Farm Estates, where only a handful of comparable sales close each year and lot size, condition, and updates vary widely from house to house. Check an instant estimate using the tool above, then call Patrick at 615-682-1718 for a pricing conversation grounded in actual Lake Farm Estates comps.

We’ve owned in Lake Farm Estates for years. How do we price it right when we sell?
With only a handful of closed sales in Lake Farm Estates each year, pulling accurate comps takes more than a quick online search. Lot size is one of the biggest swing factors here, since a home on two-thirds of an acre and a home on just over an acre can carry different values even with similar square footage, and that premium does not always show up in automated valuations. A local, data-driven CMA that accounts for lot size, condition, and recent updates gives long-term owners a far more accurate starting point than a generic online estimate.

Nearby Neighborhoods in Smyrna

Buyers exploring Lake Farm Estates often consider these nearby communities in Smyrna TN 37167:

Explore Smyrna

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