Lakewood is a lake community in Ahwatukee’s 85048 zip code, near Chandler Boulevard and 40th Street, built from the late 1980s through the 1990s. Two community lakes sit at its center, with electric boating, catch-and-release fishing and docks, and a walking and biking loop runs around them. Homes range from condos to single-family homes in numbered parcels, and some single-family homes sit right on the water with private docks.
Waterfront location matters more here than almost anything else, so I price your home against recent sales with the same kind of lot first: lakefront, near the lake or interior. Then I adjust for plan and updates.
Waterfront. Lakefront homes, especially those with a dock and views across the water, sell at the top of the range.
Plan. Single-level homes and larger two-story homes attract different buyers.
Updates. Homes from the late 1980s and 1990s vary in condition, and updated roofs, AC systems, windows and kitchens make a clear difference.
Docks and seawalls. On lakefront homes, buyers look closely at the condition of the dock and any shoreline improvements.
The Lakewood association maintains the lakes, docks, parks, playground areas and the loop path, and hosts lake events through the year. South Mountain Park and Preserve is a short drive north, and the Foothills Golf Club and Ahwatukee’s other courses are nearby. In a listing, I spell out the lake rules and amenities that come with your home.
Lakewood is in the Kyrene School District and the Tempe Union High School District. Buyers should confirm the schools for a specific address with each district.
Shopping and dining are along Chandler Boulevard and Ray Road and at the Ahwatukee Foothills Towne Center. I-10 and the Loop 202 South Mountain Freeway interchange are a couple of miles away.
Lakewood buyers often want the water, so a lakefront listing should lead with the view, the dock and outdoor living, and an interior home should highlight lake access and walkability. I price against recent sales with the same kind of lot, request the HOA documents and lake rules early, and gather permits for docks, pools and patio covers.
My marketing includes a Zillow 3D Home tour, a dedicated property website, live virtual showings and, when it helps, a Coming Soon period before the first showing.
Thinking about selling your Lakewood home? Start with What’s My Home Worth? or read my seller guides. You can also call or text me at (602) 617-4440 or email chapman@westusa.com.
The market report on this page shows current Lakewood listings from ARMLS. With condos, interior homes and lakefront homes, I build your price from recent sales with the same kind of lot and a similar plan.
Lakewood is served by the Kyrene School District and the Tempe Union High School District. I point buyers to each district’s school locator to confirm assignments for a specific address.
The Lakewood association maintains the two lakes, docks, parks, playground areas and the loop path, and condo associations inside Lakewood have their own pools and services. Lake use follows association rules, so I include them in the listing package.
Grocery stores and restaurants are along Chandler Boulevard and Ray Road, and the Ahwatukee Foothills Towne Center has more shopping and a movie theater. I note the closest options in the listing.
I-10 and the Loop 202 South Mountain Freeway are a couple of miles away, so Tempe, Chandler, downtown Phoenix and Sky Harbor are easy to reach. I describe realistic commute times in the listing.
Lakewood is within the City of Phoenix.
Service boundaries can change at community edges, so confirm the agencies for a specific address with the City of Phoenix. For police reports and statistics, contact the police department directly.
Urgent care clinics and medical offices are along Chandler Boulevard and Ray Road, and the closest full-service hospitals are in Chandler and Tempe.
The lakes and loop path are Lakewood’s everyday outdoor space, and South Mountain’s trails are a short drive away. For listing photos, I show the water, the backyard and any dock or pool.
The association hosts lake events and community gatherings through the year. Winter and spring bring the most visitors to Phoenix, and I factor that into when we list.
Phoenix summers are hot and winters mild, with monsoon storms in late summer. In homes from the late 1980s and 1990s, buyers and inspectors look at the AC, roof underlayment, water heater, windows and pool equipment, and at the dock on lakefront homes. Servicing the AC before listing is one of the simplest steps you can take.
Lakewood is under City of Phoenix zoning, and its association enforces CC&Rs, architectural review and lake rules; condo buildings have their own associations. Arizona requires sellers in a planned community to provide association documents to the buyer, and I request every set that applies early.
The Chandler and Tempe employment centers, Arizona State University and downtown Phoenix are a short drive by freeway, which draws buyers who want a short commute, along with people who work from home.
Your property tax is listed by parcel on the Maricopa County Treasurer’s website. HOA dues, any condo association dues and transfer fees come from the associations’ disclosures. When we estimate your net, I walk through the usual Arizona seller costs, including the owner’s title policy that sellers customarily pay.
Lakewood is in the City of Phoenix, which provides water, trash, streets and parks, with police and fire service from the city. Remodels, pools and additions go through the City of Phoenix permit process, and buyers often ask whether past work was permitted. Gathering those permits before we list saves time during escrow.