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Lakemont

Lakemont

$251,932 Average Value
$251 Average Price per Sq Ft
2 Homes For Sale

Centrally located Lakemont draws golf fans and homebuyers

When people think of Augusta, the first thing that comes to mind is often the Masters, a staple Professional Golfers' Association tournament played annually since 1940. When they think of that, they also think of Lakemont, though they may not know it. Centrally located Lakemont, on the shores of Lake Olmstead, is home to the Augusta National Golf Club, which hosts the Masters each April. “When people move to Augusta, this is a place they look,” says Ross Trulock, a Realtor with Blanchard & Calhoun. “It is a prime location to get you downtown and to the medical district, and property values have also increased here.”

Lakemont homes offer lake views and short-term rental potential

Less walkable than some surrounding Augusta neighborhoods, Lakemont features a mix of bungalows and split-level residences. Some homes offer stunning water views of Lake Olmstead. A homebuyer can expect $204,000 to get them a 3-bedroom, 3.5-bathroom house on almost 0.7 acres, but prices vary significantly closer to the water, and a similar 4-bedroom, 3-bathroom home on 0.82 acres went for $274,000. Like price, the market is based on each listing, but some move fast.



One of the biggest weekends in the golfing world occurs annually in Lakemont. While for non-golf lovers, this could be a headache, residents tend to rent their properties to make some extra cash during the week of the tournament. Thanks to the Augusta Rule, homeowners can rent their properties up to 14 days a year without reporting it on their annual individual tax form.

Public and private school options are available near Lakemont

Children in Lakemont head to public school in the Richmond County School System. Elementary school students start their journey at Garrett Elementary School before heading to Tut Middle School and Westside High School. The school offers multiple clubs and a full athletic program that includes football. Augusta parents also have the option to send their children to private school, and there is plenty of options in the surrounding areas.

Residents enjoy fishing, hiking and playgrounds close to home

There are unique walking trails and outdoor living activities in Lakemont. Residents can spend a day at Bedford Heights Park for a picnic while kids play on the playground. More unique to the area is the Augusta Canal Trail. Hikers and bikers can use them to get downtown or simply for exercise. The neighborhood also has access to Lake Olmstead, where anglers cast lines on Hunter’s Fishing Bridge right on the lake.

Grocery stores and casual dining options near National Plaza

Residents can head to National Plaza, where they can find a Publix and a Kroger for groceries scattered between multiple restaurants, including World of Beer, Metro Diner and other fast-food stops. Of course, downtown Augusta gives homebuyers a whole plethora of options, from events to retail and restaurants.

Washington Road links Lakemont to shopping and downtown

“You name it, and it is on Washington Road,” says Trulock. “It is an artery to the area and connects the city of Lincolnton to downtown Augusta, and it is how to get out to Evans or downtown.”

Andrew Phillips
Written By
Andrew Phillips
Lisa Dachsteiner
Photography Contributed By
Lisa Dachsteiner
Jordan Sain
Video By
Jordan Sain

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Betsey Davis, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Augusta Regional at Bush Field

25 min drive

Bus

Washington Rd & Lakewood Rd Ib

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Washington Rd & Eisenhower Dr Ib

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Washington Rd & East Vineland Rd

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Washington Rd & Eisenhower Dr Ob

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Washington Rd & W Vineland Rd Ob

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Washington Rd - 2505 Washington Rd Ib

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Washington Rd & W Vineland Rd Ib

Lakemont Demographics and Home Trends

Housing Trends

Median List Price
$615,000
Median Sale Price
$595,000
Median Single Family Sale Price
$602,500
Median Change From 1st List Price
0%
Last 12 months Home Sales
12
Median Home Sale Price YoY Change
-30%
Average Price Per Sq Ft
$251

Neighborhood Facts

Number of Homes in Neighborhood
1,151
Number of Homes for Sale
2
Median Year Built
1954
Months of Supply
2.00
Average Single Family Home Size Sq Ft
1,552
Below the national average
1,924
Average Townhouse Size Sq Ft
1,542
Average 2 Bedroom Size Sq Ft
1,088
Median Lot Size Sq Ft
13,939

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Betsey Davis, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
2,615
Median Age
38
Population Density
3 ppl/acre
Population under 18
19.5%
On par with the national average
23.8%
Population over 65
17.9%
On par with the national average
19.1%

Finances

Median Household Income
$66,388
Below the national average
$71,702
Average Household Income
$82,058

Education and Workforce

High School Graduates
97.3%
Above the national average
89.1%
College Graduates
38.2%
Advanced Degrees
15.7%
% Population in Labor Force
74.7%
Above the national average
65.1%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
40°F
Average Summer High Temperature
93°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

8 / 100

Car-Dependent

Walk Score®

24 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Lakemont
Betsey Davis
Jim Hadden Real Estate
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