Lakewood, Phoenix, AZ, Real Estate

Lakewood is a scenic waterfront community tucked into the Ahwatukee Foothills of Phoenix, Arizona, just south of South Mountain Park and Preserve and east of the Loop 202 South Mountain Freeway. Spanning two residential lakes across 38 acres, this neighborhood features over 170 lakefront properties with private docks, offering residents the rare perk of boating from their backyards to a central community park nestled between the lakes. Developed primarily between 1986 and the early 2000s, Lakewood showcases a mix of single-family homes averaging 2,000 to 3,000 square feet. The area is prized for its proximity to top-rated schools like Kyrene de la Colina Elementary and Desert Vista High School, as well as outdoor attractions such as the 51-mile trail system of South Mountain Park, just a 10-minute drive away. With easy freeway access to Sky Harbor Airport (20 minutes) and downtown Phoenix (25 minutes), Lakewood blends suburban tranquility with urban convenience, accentuated by its lush, tree-lined streets and community amenities like walking trails and a playground.

Lakewood currently has 14 single family homes for sale with an average list price of $587,182.07 and 2 condos for sale with an average list price of $282,000. The average annual property tax for Lakewood is $2,526.99.

Current Homes for Sale

Schools

View schools in Lakewood

What's Hot & What Not

Absorption Report Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Lakewood, i.e. what's hot and what's not.

See What's Hot & What's Not in Lakewood

Recent Sales

View recent sales in Lakewood

Subdivisions

Subdivisions Median Price
No Photos

Hamilton Homes at Lakewood

Hamilton Homes at Lakewood is a single-family home community in the Lakewood neighborhood of Phoenix, Arizona, built between 1987 and 1998. It currently has no homes for sale. The homes range in size from 1,624 ft2 to 3,518 ft2. The HOA fees range from $33 to $36 per month. The average annual property tax for Hamilton Homes at Lakewood is $3,317.47. It is located in Maricopa County. ... Read more
Median Price: $600,000
No Photos

Lakepoint 8 at Lakewood

Lakepoint 8 at Lakewood is a single-family home community in the Lakewood neighborhood of Phoenix, Arizona, built between 1987 and 1988. It currently has no homes for sale. The homes range in size from 2,020 ft2 to 2,636 ft2. The HOA fees range from $200 to $218 per month. The average annual property tax for Lakepoint 8 at Lakewood is $3,172.61. It is located in Maricopa County. ... Read more
Median Price: $607,500
Portofino Condominiums

Portofino Condominiums

Portofino Condominiums is a condo community in the Lakewood neighborhood of Phoenix, Arizona, built in 1995. It currently has 2 condos for sale with an average list price of $282,000. The homes range in size from 693 ft2 to 1,265 ft2. The HOA fees range from $33 to $315 per month. The average annual property tax for Portofino Condominiums is $931.04. It is located in Maricopa County. ... Read more
Median Price: $276,000
No Photos

The Reserve

The Reserve is a single-family home community in Phoenix, Arizona, built between 1986 and 1988. It currently has 1 single family home for sale with a list price of $518,900. The homes range in size from 1,439 ft2 to 2,199 ft2. The HOA fees range from $33 to $37 per month. The average annual property tax for The Reserve is $2,153.17. It is located in Maricopa County. ... Read more
Median Price: $526,000

Subdivisions

View subdivisions in Lakewood

Market Trends

View market trends in Lakewood

Real Estate News

Homes Just Sold in Lakewood: October 7th to October 13th

Homes Just Sold in Lakewood: October 7th to October 13th - October 14, 2025

Lakewood had 2 sales during the week of Tuesday, October 7 to Monday, October 13, including including 2 single family homes for sale with an average list price of $542,500. $565,000 16409 ... continue reading
New Homes For Sale This Week in Lakewood: October 3rd to October 9th

New Homes For Sale This Week in Lakewood: October 3rd to October 9th - October 10, 2025

Lakewood had only 1 new home for sale during the week of Friday, October 3 to Thursday, October 9, including and it was a condo for sale with a list ... continue reading
Homes Just Sold in Lakewood: September 30th to October 6th

Homes Just Sold in Lakewood: September 30th to October 6th - October 7, 2025

Lakewood had only 1 sale during the week of Tuesday, September 30 to Monday, October 6, including and it was a condo for sale with a list price of $245,000. $245,000 3830 ... continue reading
Homes Just Sold in Lakewood: September 16th to September 22nd

Homes Just Sold in Lakewood: September 16th to September 22nd - September 23, 2025

Lakewood had only 1 sale during the week of Tuesday, September 16 to Monday, September 22, including and it was a condo for sale with a list price of $300,000. $300,000 3830 ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Lakewood: September 13th to September 19th

New Homes with Master Bedrooms on the 1st Floor in Lakewood: September 13th to September 19th - September 20, 2025

Lakewood had 2 new homes for sale with a master bedroom on the first floor during the month of Saturday, September 13 to Friday, September 19, including 2 single ... continue reading
View More Lakewood News

Real Estate News

View Lakewood News

Sold Homes

We have helped over 8,000 families buy and sell homes!

HomesByMarco agents are experts in the area. If you're looking to buy or sell a home, give us a call today at 888-326-2726.