4

Lakewood Homes for Sale

Section Image
  • 1515 Cumberland Dr, Harrisonburg, VA 22801
    1515 Cumberland Dr, Harrisonburg, VA 22801
    1515 Cumberland Dr, Harrisonburg, VA 22801
    /75

    $699,500

    • 5 Beds
    • 3.5 Baths
    • 4,371 Sq Ft

    1515 Cumberland Dr, Harrisonburg, VA 22801

    This expansive five-bedroom brick Colonial in Lakewood Estates is set on one of the neighborhood's most desirable lots - larger than most, professionally landscaped in 2025, and backing to peaceful woods for added privacy. Inside, enjoy upscale finishes throughout, including cherry wood floors on the main level, crown molding and multiple ceiling fans throughout, and granite countertops in both

    Kim Herron Funkhouser Real Estate Group

    1515 Cumberland Dr, Harrisonburg, VA 22801
  • 3237 Arrowhead Rd, Harrisonburg, VA 22801
    3237 Arrowhead Rd, Harrisonburg, VA 22801
    3237 Arrowhead Rd, Harrisonburg, VA 22801
    /66

    $649,000

    • 6 Beds
    • 3.5 Baths
    • 3,837 Sq Ft

    3237 Arrowhead Rd, Harrisonburg, VA 22801

    Spacious 6-bedroom home with in-law suite in sought-after Lakewood Subdivision. Welcome home to an exceptional, well-maintained house in the desirable Lakewood neighborhood of Rockingham, VA. With over 3,500 square feet of thoughtfully designed living space, this home is ideal for large or multi-generational families seeking comfort, functionality, and room to grow. Featuring 6 bedrooms

    Susan Conrad Melendez Kline May Realty

    3237 Arrowhead Rd, Harrisonburg, VA 22801
  • 1381 Bluewater Rd, Harrisonburg, VA 22801
    1381 Bluewater Rd, Harrisonburg, VA 22801
    1381 Bluewater Rd, Harrisonburg, VA 22801
    /61

    $585,000

    • 4 Beds
    • 3.5 Baths
    • 3,823 Sq Ft

    1381 Bluewater Rd, Harrisonburg, VA 22801

    Welcome home to Lakewood Estates! This custom-built, one-owner home offers 4 bedrooms, 3.5 bathrooms, a walkout basement, 2-car garage, screened porch, & so much more. Hardwood floors flow through most of the main level, which boasts a traditional floor plan featuring a formal living room, dining room, private office, and a convenient half bath. The heart of the home is the open-concept kitchen

    Delaney Westwood Funkhouser Real Estate Group

    1381 Bluewater Rd, Harrisonburg, VA 22801
  • 1492 Cumberland Dr, Harrisonburg, VA 22801
    1492 Cumberland Dr, Harrisonburg, VA 22801
    1492 Cumberland Dr, Harrisonburg, VA 22801
    /75

    $609,900

    • 5 Beds
    • 4.5 Baths
    • 5,093 Sq Ft

    1492 Cumberland Dr, Harrisonburg, VA 22801

    Super-sized 1-level living! This Lakewood brick ranch offers space that you can't believe. From the first look, you'll be picturing where to place your furniture, from cozy, great room sofas in front of the gorgeous fireplace, to the table in the dining room filled with all your friends, to the patio furniture in the massive sun room, that stays bright on even the coldest winter day. The home-hub

    Matt Ogden Nest Realty Harrisonburg

    1492 Cumberland Dr, Harrisonburg, VA 22801
Virginia Harrisonburg County Harrisonburg Lakewood

Real Estate & Homes for Sale in Lakewood, Harrisonburg

Why Live in Lakewood
Lakewood in Harrisonburg, VA, is a well-established neighborhood characterized by large homes with well-kept lawns and views of neighboring farmland and the Blue Ridge Mountains. The area is known for its active neighborhood association, which organizes events like community picnics, a 4th of July bike parade, and holiday caroling. Homes in Lakewood, built between the mid-1980s and early 2000s, typically feature New Traditional and Colonial Revival styles, with properties sitting on half-acre lots. Despite the close proximity of houses, the neighborhood offers a rural atmosphere with expansive views. Lakewood is fully residential, requiring residents to drive for amenities. Grocery shopping is convenient with a Walmart Neighborhood Market 2 miles away, and East Market Street, 3 miles north, offers supermarkets, big box stores, and chain restaurants. For unique dining experiences, downtown Harrisonburg features local favorites like Clementine Café and Magpie Diner. Outdoor recreation is abundant, with Lakeview Golf Club a mile east, Rockingham Park at the Crossroads 2 miles northeast, and Purcell Park 4 miles northwest. Residents can also enjoy skiing and tubing at Massanutten Resort, 10 miles northeast, or hiking in Shenandoah National Park, 20 miles east. The neighborhood is safer than the national average, contributing to its appeal. Children in Lakewood attend highly rated Spotswood High School, with career education options available at Massanutten Technical Center. For higher education, James Madison University and other colleges are nearby. Although Lakewood lacks sidewalks and public transit, downtown Harrisonburg is a short 5-mile drive north, and major highways like Interstate 81 provide easy access to Charlottesville, Richmond, and Washington, D.C.
Learn more about living in Lakewood

Frequently Asked Questions

Is Lakewood a good place to live?
Lakewood is a good place to live. Lakewood is considered very car-dependent and somewhat bikeable. Lakewood has 3 parks for recreational activities. It is fairly sparse in population with 3.4 people per acre and a median age of 38. The average household income is $146,483 which is above the national average. College graduates make up 53.2% of residents. A majority of residents in Lakewood are home owners, with 26.3% of residents renting and 73.7% of residents owning their home. A local real estate agent serving Lakewood can help you decide if this neighborhood is the right one for you. Learn more on our Lakewood neighborhood guide.
How much do you need to make to afford a house in Lakewood?
The median home price in Lakewood is $345,000. If you put a 20% down payment of $69,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,790 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $77K a year to afford the median home price in Lakewood. The average household income in Lakewood is $146K.
What are the best public schools in Lakewood?
The best public schools that serve Lakewood are:
What are the most popular zip codes in Lakewood, Harrisonburg, VA?
The most popular zip codes in Lakewood, Harrisonburg, VA include 22801, 22846, 22841, 22802 and 24471.
What are the most popular neighborhoods near Lakewood, Harrisonburg, VA?
The most popular neighborhoods near Lakewood, Harrisonburg, VA are Massanetta Springs, Crossroads Farm, Penn Laird, Central Avenue and Reherd Acres.
Are home prices dropping in Lakewood?
Yes, home prices in Lakewood are down 25% in the last 12 months.

Home Trends in Lakewood, VA

On average, homes in Lakewood, Harrisonburg sell after 105 days on the market compared to the national average of 70 days. The median sale price for homes in Lakewood, Harrisonburg over the last 12 months is $345,000, down 8% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$345,000
Median Single Family Sale Price
$345,000
Average Price Per Sq Ft
$139
Number of Homes for Sale
0
Last 12 months Home Sales
2
Months of Supply
0.00
Median List Price
$345,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-8%
How to Buy a Home How to Finance a Home How to Sell a Home

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2025 CoStar Group