Lakewood Homes for Sale in Phoenix, AZ 85048
Lakewood is a lake community in the Ahwatukee Foothills area of Phoenix, ZIP 85048, off Chandler Boulevard between 32nd and 40th Streets and running south to Pecos Road, about 2 miles from I-10. It has single-family homes built mostly from the late 1980s through the 1990s, including waterfront homes on its two private lakes with boat docks.
I'm Terry Day with DeLex Realty. Lakewood surprises a lot of people who don't expect to find lakefront living in Phoenix. If you like the idea of fishing or paddling from a park dock a short walk from home, it is worth a look. Here is what I tell buyers and sellers about it.
Lakewood at a glance
- Phoenix (Ahwatukee Foothills), ZIP 85048
- Off Chandler Blvd between 32nd and 40th Streets, south to Pecos Road
- Two lakes with 4 boat docks, ramadas with grills, tot lots and walking paths
- Waterfront and non-waterfront single-family homes, mostly late 1980s to 1990s
- Lakewood Community Association, managed by AAM
- Kyrene de los Lagos Elementary is inside the community
See all Lakewood homes for saleCall Terry: 602-483-4665
Where it is
Lakewood covers about a square mile in the southern part of Ahwatukee. According to the HOA, it sits off Chandler Boulevard between 40th and 32nd Streets and extends south to Pecos Road. Residents get in and out by way of Ray Road, Chandler Boulevard and Pecos Road. Mountain Park Ranch is the big community just to the north.
I-10 is about 2 miles east, which makes for an easy drive to Tempe, Chandler and Sky Harbor Airport. The Loop 202 South Mountain Freeway runs along the Pecos corridor at the south edge of the community, with an interchange at 40th Street.
The homes
Lakewood is mainly single-family homes. Sources put most of the building between the mid-1980s and the 1990s, with some newer homes after that. Builders named in local sources include Continental, Richmond American, Pulte and Camelot Homes, and smaller subdivisions carry names such as Harbor Island, Richmond Shores and Estates at Montego Bay. Homes range from about 1,400 square feet to well over 4,000 square feet.
The biggest price driver here is the lake. A home with water frontage, and especially one with its own dock or a wide view across the water, is a very different product from a home a few streets back, so I always compare waterfront to waterfront.
Things to do
The lakes are the heart of Lakewood. The HOA lists two lakes with four boat docks, three ramadas with barbecue grills, two tot lots, a swing set, walking paths and bike lanes. Local sources describe the lakes as about 38 acres of water. Listings describe catch-and-release fishing, and some waterfront owners keep small boats; check the HOA's current boating and fishing rules before you plan on either.
Motorized vehicles are not allowed on the greenbelts. Vista Canyon Park is close by for ball fields and courts, and South Mountain Park is a short drive for hiking. For shopping, the Ahwatukee Foothills Towne Center at Ray Road and I-10 has a movie theater, grocery and big-box stores, and there is more retail on both sides of I-10 along Chandler Boulevard.
Schools
Lakewood is in the Kyrene School District and the Tempe Union High School District. Kyrene de los Lagos Elementary (preschool through 5th grade) is inside the community on S 34th Way. Listings name Kyrene Akimel A-al or Kyrene Centennial for middle school and Desert Vista High School for high school. Please confirm the assigned schools for any specific address with the districts.
HOA basics
Lakewood has a homeowners association, the Lakewood Community Association, which is managed by AAM. The association takes care of the lakes, docks, parks and common areas. A few sections, such as Harbor Island and Valencia Shores, have their own association too, so some homes pay into two. Read the CC&Rs and lake rules during escrow, especially if you plan to use a boat.
Buying in Lakewood
Decide early whether you want true waterfront, a lake view, or just walking access to the docks, because that choice shapes the price more than anything else. For waterfront homes, look closely at the seawall or shoreline edge, the dock, and any easements. Many homes are 30-plus years old, so check the roof, A/C and plumbing. Ask me about homes with assumable mortgages, and see my first steps to buying a home in Arizona.
Selling your Lakewood home
If your home is on the water, your marketing should lead with it: photos and video from the lake side, the dock, and sunset views. If it is off the water, the walking distance to the lakes and the elementary school are strong points. Pricing has to be based on sales in the same position. My guide on how to price your Arizona home to sell explains my approach, and you can see DeLex Realty listings in Phoenix.
Questions buyers ask
What ZIP code is Lakewood in Phoenix?
Lakewood is in Phoenix ZIP code 85048, in the Ahwatukee Foothills area.
Can you go boating in Lakewood?
Yes, Lakewood's lakes have four boat docks, and some waterfront owners use small boats, but the HOA sets the rules on what kinds of boats are allowed, so check them first.
Is there a school inside Lakewood?
Yes, Kyrene de los Lagos Elementary is inside the community.
How close is Lakewood to the freeway?
Lakewood is about 2 miles from I-10, and the Loop 202 South Mountain Freeway runs along Pecos Road at its south edge. Learn more in my moving to Phoenix guide or browse all Phoenix homes for sale.
Nearby communities to compare
Thinking about Lakewood?I can show you which homes are truly on the water, what the lake rules say, and what similar homes have sold for. Call or text me at
602-483-4665.
Community details come from public sources and can change. Confirm HOA and lake rules and school assignments for a specific home before you buy.
