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 12 single family homes for sale with an average list price of $596,075 and 7 condos for sale with an average list price of $276,985.71. The average annual property tax for Lakewood is $2,547.98.

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 1 single family home for sale with a list price of $750,000. The homes range in size from 1,624 ft2 to 3,518 ft2. The HOA fees range from $200 to $218 per month. The average annual property tax for Hamilton Homes at Lakewood is $3,333.96. It is located in Maricopa County. ... Read more
Median Price: $681,900
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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 2,636 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 7 condos for sale with an average list price of $276,985.71. The homes range in size from 693 ft2 to 1,265 ft2. The HOA fees range from $180 to $315 per month. The average annual property tax for Portofino Condominiums is $928.84. It is located in Maricopa County. ... Read more
Median Price: $285,000
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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 no homes for sale. The homes range in size from 1,439 ft2 to 1,700 ft2. The HOA fees range from $200 to $210 per month. The average annual property tax for The Reserve is $2,189. It is located in Maricopa County. ... Read more
Median Price: $512,000

Subdivisions

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Market Trends

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Real Estate News

New Homes For Sale This Week in Lakewood: August 22nd to August 28th

New Homes For Sale This Week in Lakewood: August 22nd to August 28th - August 29, 2025

Lakewood had 2 new homes for sale during the week of Friday, August 22 to Thursday, August 28, including including 2 single family homes for sale with an average list ... continue reading
Homes Just Sold in Lakewood: August 19th to August 25th

Homes Just Sold in Lakewood: August 19th to August 25th - August 26, 2025

Lakewood had only 1 sale during the week of Tuesday, August 19 to Monday, August 25, including and it was a single family home for sale with a list price ... continue reading
Homes Just Sold in Lakewood: August 12th to August 18th

Homes Just Sold in Lakewood: August 12th to August 18th - August 19, 2025

Lakewood had only 1 sale during the week of Tuesday, August 12 to Monday, August 18, including and it was a single family home for sale with a list price ... continue reading
New Homes For Sale This Week in Lakewood: August 8th to August 14th

New Homes For Sale This Week in Lakewood: August 8th to August 14th - August 15, 2025

Lakewood had only 1 new home for sale during the week of Friday, August 8 to Thursday, August 14, including and it was a single family home for sale with ... continue reading
New Homes For Sale This Week in Lakewood: August 1st to August 7th

New Homes For Sale This Week in Lakewood: August 1st to August 7th - August 8, 2025

Lakewood had 2 new homes for sale during the week of Friday, August 1 to Thursday, August 7, including including 2 single family homes for sale with an average list ... continue reading
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