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.
Home Trends in South Lakes, WA
On average, homes in South Lakes, Lakewood sell after 45 days on the market compared to the national average of 52 days. The median sale price for homes in South Lakes, Lakewood over the last 12 months is $597,000, up 14% from the median home sale price over the previous 12 months.
Median Sale Price
$597,000
Median Single Family Sale Price
$652,500
Median 2 Bedroom Sale Price
$300,000
Average Price Per Sq Ft
$356
Number of Homes for Sale
26
Last 12 months Home Sales
65
Median List Price
$639,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
14%
