Why Live in South Lakes
South Lakes in Lakewood, once a retreat for Seattle's elite, offers residents access to 16 parks and five lakes, providing ample opportunities for outdoor activities. The neighborhood's winding streets are lined with old-growth firs, and some properties boast views of American or Gravelly Lake. Home styles predominantly include ranch and craftsman, with larger estate homes and Tudor Revival properties near the Tacoma Country Club. The Clover Park School District serves the area, offering multiple educational paths and benefiting from the Bill & Melinda Gates Foundation's support for small-group learning options. Harry Todd Park, spanning 17 acres on American Lake, features fields, a basketball court, a picnic shelter, a renovated beach, a fishing pier, and boat docks. Fort Steilacoom Park, five miles away, covers 340 acres with trails, sports fields, and drone flying areas. Golf enthusiasts can enjoy the Tacoma Country & Golf Club, Oakbrook, and American Lake Veterans Golf Courses, with Chambers Bay nearby. Local attractions include Lakewold Gardens and Thornewood Castle, a Tudor Gothic home turned hotel and event venue. For shopping, residents frequent small markets and the Lakewood Towne Center, while dining options include Moon Rise Café and El Toro Mexican Restaurant and Cantina. South Lakes combines natural beauty with a variety of amenities, making it a vibrant community.
Frequently Asked Questions
Is South Lakes a good place to live?
South Lakes is a good place to live. South Lakes is considered very car-dependent and somewhat bikeable. South Lakes is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. South Lakes has 5 parks for recreational activities. It is fairly sparse in population with 4.8 people per acre and a median age of 45. The average household income is $141,306 which is above the national average. College graduates make up 38.6% of residents. A majority of residents in South Lakes are home owners, with 32.2% of residents renting and 67.8% of residents owning their home. A
local real estate agent serving South Lakes can help you decide if this neighborhood is the right one for you. Learn more on our
South Lakes neighborhood guide.
Is South Lakes, WA a safe neighborhood?
South Lakes, WA is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in South Lakes?
The median home price in South Lakes is $507,235. If you put a 20% down payment of $101,400 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,630 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $113K a year to afford the median home price in South Lakes. The average household income in South Lakes is $141K.
What are the best public schools in South Lakes?
The best public schools that serve South Lakes are:
What are the best private schools in South Lakes?
The best private schools that serve South Lakes are:
What are the most popular zip codes in South Lakes, Lakewood, WA?
What are the most popular neighborhoods near South Lakes, Lakewood, WA?
Home Trends in South Lakes, WA
On average, homes in South Lakes, Lakewood sell after 80 days on the market compared to the national average of 70 days. The median sale price for homes in South Lakes, Lakewood over the last 12 months is $560,000, up 63% from the median home sale price over the previous 12 months.
Median Sale Price
$560,000
Median Single Family Sale Price
$429,990
Median Townhouse Sale Price
$395,000
Median 2 Bedroom Sale Price
$2,000,000
Average Price Per Sq Ft
$439
Number of Homes for Sale
4
Last 12 months Home Sales
21
Median List Price
$507,235
Median Change From 1st List Price
11%
Median Home Sale Price YoY Change
63%
