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 20 single family homes for sale with an average list price of $594,054.90 and 5 condos for sale with an average list price of $269,600. The average annual property tax for Lakewood is $2,555.40.

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 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 $3,362.55. It is located in Maricopa County. ... 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 1 single family home for sale with a list price of $535,000. The homes range in size from 2,020 ft2 to 2,636 ft2. The HOA fees range from $33 to $36 per month. The average annual property tax for Lakepoint 8 at Lakewood is $3,058.21. 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 5 condos for sale with an average list price of $269,600. 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 $931.79. It is located in Maricopa County. ... Read more
Median Price: $254,500
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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 $2,153.17. It is located in Maricopa County. ... Read more
Median Price: $526,000

Subdivisions

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Market Trends

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Real Estate News

New Homes For Sale This Week in Lakewood: November 21st to November 27th

New Homes For Sale This Week in Lakewood: November 21st to November 27th - November 28, 2025

Lakewood had only 1 new home for sale during the week of Friday, November 21 to Thursday, November 27, including and it was a condo for sale with a list ... continue reading
Homes Just Sold in Lakewood: November 18th to November 24th

Homes Just Sold in Lakewood: November 18th to November 24th - November 25, 2025

Lakewood had only 1 sale during the week of Tuesday, November 18 to Monday, November 24, including and it was a single family home for sale with a list price ... continue reading
New Homes with Master Bedrooms on the 1st Floor in Lakewood: November 15th to November 21st

New Homes with Master Bedrooms on the 1st Floor in Lakewood: November 15th to November 21st - November 22, 2025

Lakewood had only 1 new home for sale with a master bedroom on the first floor during the month of Saturday, November 15 to Friday, November 21, and it ... continue reading
New Homes For Sale This Week in Lakewood: November 14th to November 20th

New Homes For Sale This Week in Lakewood: November 14th to November 20th - November 21, 2025

Lakewood had 3 new homes for sale during the week of Friday, November 14 to Thursday, November 20, including including 3 single family homes for sale with an average list ... continue reading
Homes Just Sold in Lakewood: November 11th to November 17th

Homes Just Sold in Lakewood: November 11th to November 17th - November 18, 2025

Lakewood had only 1 sale during the week of Tuesday, November 11 to Monday, November 17, including and it was a single family home for sale with a list price ... continue reading
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