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 24 single family homes for sale with an average list price of $626,787.46 and 4 condos for sale with an average list price of $263,500. The average annual property tax for Lakewood is $2,551.61.

Current Homes for Sale

Schools

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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.

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Recent Sales

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Subdivisions

Subdivisions Median Price
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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 2 single family homes for sale with an average list price of $790,975. The homes range in size from 1,624 ft2 to 3,521 ft2. The HOA fees range from $33 to $38 per month. The average annual property tax for Hamilton Homes at Lakewood is $3,616.32. It is located in Maricopa County. Hamilton Homes at Lakewood in Phoenix, AZ, boasts an array of modern amenities designed for comfortable community living, including a sparkling resort-style pool with cabanas for relaxation, well-equipped fitness centers featuring yoga studios and cardio machines, and lush green spaces with walking trails that encourage outdoor activities among residents. Within the subdivision, you'll find newly added pickleball courts for friendly competitions, a community clubhouse hosting events like game nights and holiday gatherings, and eco-friendly features such as solar-powered lighting along pathways. Just a short distance away, residents can enjoy dining at popular spots like The Sicilian Butcher for Italian cuisine or Barrio Queen for authentic Mexican flavors, while adventure seekers might head to nearby hiking trails in South Mountain Preserve for scenic views and wildlife spotting, or explore the Desert Botanical Garden with its vibrant plant collections and seasonal exhibits. For family fun, the Arizona Science Center offers interactive exhibits and planetarium shows, and essential health services are conveniently accessible at facilities like Dignity Health urgent care centers, ensuring peace of mind for everyday medical needs. ... Read more
Median Price: $589,900
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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 2,448 ft2. The HOA fees range from $35 to $36 per month. The average annual property tax for Lakepoint 8 at Lakewood is $3,013.67. It is located in Maricopa County. Residents can enjoy the newly added outdoor adventure zone featuring pickleball courts and a dog park for furry friends, fostering a sense of community and active living. Just a short distance away, you can savor diverse dining experiences at spots like The Vig for upscale pub fare or Pizzeria Bianco for artisanal pizzas, while adventure seekers might head to Papago Park for hiking and botanical gardens or catch a show at the nearby Orpheum Theatre. For exploration, the Arizona Science Center provides interactive exhibits for all ages, and essential health services are conveniently accessible at facilities like Dignity Health Urgent Care, ensuring peace of mind for everyday wellness needs. ... Read more
Median Price: $600,000
Portofino Condominiums

Portofino Condominiums

Portofino Condominiums is a condo community in the Lakewood neighborhood of Phoenix, Arizona, built in 1995. It currently has 4 condos for sale with an average list price of $263,500. The homes range in size from 693 ft2 to 1,265 ft2. The HOA fees range from $33 to $317 per month. The average annual property tax for Portofino Condominiums is $938.88. It is located in Maricopa County. Portofino Condominiums in Phoenix offer a vibrant array of amenities that enhance everyday living, including a state-of-the-art outdoor yoga pavilion for serene wellness sessions, a dedicated pet spa for furry residents, and an eco-friendly community garden where neighbors can grow fresh herbs and veggies. Just a stone's throw away, residents can savor diverse dining options like the upscale Italian flavors at North Italia or the casual Southwestern bites at The Arrogant Butcher. For fun activities, the nearby South Mountain Preserve provides endless hiking trails and scenic viewpoints, while the Arizona Science Center offers interactive exhibits perfect for family outings. Exploration enthusiasts will love venturing to the Desert Botanical Garden for its stunning cactus displays and seasonal events. Essential health services are conveniently accessible, with facilities like Banner Desert Medical Center providing comprehensive care including emergency services and specialized clinics. ... Read more
Median Price: $236,000
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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 $2,139.71. It is located in Maricopa County. ... Read more
Median Price: $520,000

Subdivisions

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Market Trends

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Real Estate News

New Homes For Sale This Week in Lakewood: January 9th to January 15th

New Homes For Sale This Week in Lakewood: January 9th to January 15th - January 16, 2026

Lakewood had 4 new homes for sale during the week of Friday, January 9 to Thursday, January 15, including including 3 single family homes for sale with an average list ... continue reading
Homes Just Sold in Lakewood: January 6th to January 12th

Homes Just Sold in Lakewood: January 6th to January 12th - January 13, 2026

Lakewood had 2 sales during the week of Tuesday, January 6 to Monday, January 12, including including 2 single family homes for sale with an average list price of $504,999.50. $535,000 3713 ... continue reading
New Homes For Sale This Week in Lakewood: January 2nd to January 8th

New Homes For Sale This Week in Lakewood: January 2nd to January 8th - January 9, 2026

Lakewood had 2 new homes for sale during the week of Friday, January 2 to Thursday, January 8, including including 2 single family homes for sale with an average list ... continue reading
Homes Just Sold in Lakewood: December 30th to January 5th

Homes Just Sold in Lakewood: December 30th to January 5th - January 6, 2026

Lakewood had only 1 sale during the week of Tuesday, December 30 to Monday, January 5, including and it was a single family home for sale with a list price ... continue reading
Homes Just Sold in Lakewood: December 23rd to December 29th

Homes Just Sold in Lakewood: December 23rd to December 29th - December 30, 2025

Lakewood had 2 sales during the week of Tuesday, December 23 to Monday, December 29, including including 2 single family homes for sale with an average list price of $622,475. $599,950 3450 ... continue reading
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