Back 40/40 Shady Lane
Off Market

40/40 Shady Lane

Memphis FL 34221

2
2
2
1956 sq. ft.
3541 sq. ft.
Other
Last sold for $195,000
Cusie Garcia UrgellesCusie Garcia Urgelles, last sold this property on 27 May 2026 after 70 days on market.

Overview

Here’s your opportunity to retire in Leisure Lake! This stunning 2018 Jacobsen manufactured home offers 1,164 square feet of living space with 2 bedrooms and 2 bathrooms. Situated in the vibrant 55+ community of Leisure Lake Coop in Palmetto, FL, this home is the epitome of carefree, resort-style living. The open-concept design features luxury vinyl plank flooring, a welcoming foyer, and a dining area that flows seamlessly into the well-appointed kitchen. Granite countertops, a large island, and like-new appliances create a chef's dream, while crown molding adds a touch of elegance throughout. Retire in comfort in the spacious primary suite, complete with a walk-in closet and a luxurious en-suite bathroom with dual sinks. A laundry room, a massive screened-in front porch, and an attached shed equipped with a wall unit A/C provide added convenience and functionality. Offered partially furnished, this home allows you to move right in and start enjoying the resort-style amenities that Leisure Lake features. Soak up the sun at the heated saltwater pool, challenge your neighbors to a game of tennis, pickleball or shuffleboard, or cozy up with a good book in the community library. With a calendar full of activities, you'll never have a dull moment. There is no lot rent. Just a low monthly maintenance fee of just $212, which includes water, sewer, trash, and lawn maintenance, this home offers unbeatable value. Conveniently located just north of Historic Palmetto and close to Anna Maria Island and other beaches, shopping, restaurants, airports and major highways, this home puts you at the center of it all. Don't miss your chance to experience the ultimate in 55+ living – Check out the virtual tour link and schedule your private showing today!

Features

2 bedrooms
2 bathrooms
2 carspaces
2 carport spaces
1956 sq. ft. floor area
3541 sq. ft. lot size
Other

Estimated Value

Based on this property and similar 2 bedroom other properties sold in Memphis over the last 12 months, the estimated median property value of 40/40 Shady Lane is $145k.

Median value
$145k
Estimated value range
$2k - $475k
Median days on market
70
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Memphis. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40/40 Shady Lane

2026
Sold
$195,000
27 May 2026 by Cusie Garcia Urgelles, of KELLER WILLIAMS ON THE WATER S

Happy sellers in Memphis

83%
83% of sellers in Memphis reported that their sale price either exceeded or met their price expectations.

Memphis stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 38 reviews in Memphis over the last 12 months.

Local market activity for 2 bedroom other properties in Memphis

In the last 12 months, 93 two-bedroom other properties similar to 40/40 Shady Lane, have been sold.

This represents a 13% increase in two-bedroom other properties sales when compared to the previous 12 months.

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