$1,150,000
- 3 Beds
- 2.5 Baths
- 2,293 Sq Ft
3439 Bear Mountain Drive --, Lakeside, AZ 85929

Joseph MacGregor
Keller Williams Realty Phoenix
(928) 597-4383
$1,150,000
3439 Bear Mountain Drive --, Lakeside, AZ 85929
Joseph MacGregor
Keller Williams Realty Phoenix
(928) 597-4383
$1,265,000
3449 Bear Mountain Drive --, Lakeside, AZ 85929
Joseph MacGregor
Keller Williams Realty Phoenix
(928) 569-8543
Lake of the Woods is a town in the Pinetop-Lakeside area of central Arizona, situated on the Mogollon Rim. The area is characterized by its dense forests, lakes, and proximity to the White Mountains and Apache-Sitgreaves National Forests, making it ideal for outdoor activities such as hiking, fishing, kayaking, and skiing. The town experiences four distinct seasons, offering cooler summers and snowy winters compared to the desert regions of Arizona. Housing options range from manufactured homes in the 55-plus Rim Country Community to lakefront homes and forest cabins, with prices varying widely. Rainbow Lake, the largest lake in the area, provides opportunities for fishing, swimming, and paddling, while the Mogollon Rim offers numerous hiking trails. In winter, residents can ski at Sunrise Park Resort on Mount Baldy, located 35 miles southeast. Dining and shopping are centered along White Mountain Boulevard, with popular spots like Tipsy Hippy Grill and White Mountain Village. The Blue Ridge Unified School District serves the area, with Blue Ridge Junior High and Blue Ridge High receiving high ratings. The annual Pinetop-Lakeside Fall Festival, featuring the Run to the Pines Car Show and a parade, is a major local event. Summit Healthcare, located 5 miles north in Show Low, is a significant employer, with Show Low itself being less than 10 miles away. Residents should be aware of wildfire risks in the Apache-Sitgreaves National Forests, as past fires have come close to the area.
On average, homes in Lake of the Woods, AZ sell after 3 days on the market compared to the national average of 52 days. The median sale price for homes in Lake of the Woods, AZ over the last 12 months is $299,999.
In Lake of the Woods, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $1,150,000 to $1,265,000, there's a range to accomodate every budget. As of September, 2025 the median home price in Lake of the Woods is $365,000, while the average sale price is $299,999, offering insights into the local housing market. On average, multi-family homes spend 3 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Lake of the Woods, AZ.