$585,980Average Value$173Average Price per Sq Ft0Homes For Sale
A quiet, peaceful subdivision in southern Harrisonburg
Large homes with well-kept lawns, an active neighborhood association and views of neighboring farmland below the Blue Ridge Mountains define Lakewood, an established subdivision in southern Harrisonburg. “People wonder why neighborhoods in Rockingham County like Lakewood are more expensive compared to Augusta and Shenandoah counties,” says Brandon Randall, an associate broker with Heritage Real Estate Company and Rockingham County native. “There’s the Sentara RMH hospital, three colleges, Massanutten Resort and a highly rated school system, so buyers pay more to be close to those resources.” As Lakewood is on the outskirts of Harrisonburg, the neighborhood doesn’t experience traffic or noise from students who attend James Madison University, a large public college near downtown Harrisonburg. Residents stay connected to neighborhood happenings with the monthly newsletter and mingle with neighbors at the community picnic. The subdivision is fully residential, but locals can drive less than 20 miles to go skiing at Massanutten Resort, hiking in Shenandoah National Park, kayaking on the Shenandoah River or wine tasting at Bluestone Vineyard.
Lakewood is an established subdivision located in southern Harrisonburg.
The Lakewood neighborhood offers views of the neighboring Blue Ridge Mountains.
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Colonial Revivals and New Traditional homes on half-acre lots
Though properties are close together in Lakewood, the subdivision looks out onto sprawling patches of farmland to the south. “You’re not going to get much land, but it feels like you’re in a rural atmosphere with the views of farmland and the mountains,” Randall says. Houses were built between the mid-1980s and early 2000s and usually sit on half-acre lots decorated with neat landscaping and rounded shrubbery. New Traditional properties with tan stone facades and gabled roofs usually sell between $400,000 and $500,000. Colonial Revivals are often priced between $580,000 and $700,000.
Colonial Revivals in Lakewood are often priced between $580,000 and $700,000.
Lakewood homes usually sit on half-acre lots decorated with neat landscaping.
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Golf courses, hiking trails and pickleball courts near Lakewood
Locals often drive to hiking trails and green spaces throughout the Valley, but there are opportunities for outdoor recreation close by. The Lakeview Golf Club is about a mile east of Lakewood. The public course has three 9-hole courses that wind through part of the Crossroads Farm subdivision, so enthusiasts may play up to 27 holes of golf. The Rockingham Park at the Crossroads, which has a large playground with a zipline and a 1-mile walking loop, is about 2 miles northeast. The park has baseball diamonds and soccer fields for youth sports games, and a new recreational center with an indoor track and athletic courts will be added to the park by 2025. Locals drive about 4 miles northwest to play pickleball or walk their dogs on paved, shady trails at Purcell Park, or drive 20 miles east to the Swift Run Gap Entrance of Shenandoah National Park to find longer, rocky hikes to waterfalls or mountain peaks. Shenandoah National Park’s Skyline Drive is peppered with scenic overlooks offering expansive green valley views framed by the Blue Ridge Mountains. In the winter, residents go tubing or skiing at Massanutten Resort, which is only about 10 miles northeast of Lakewood.
Golfers of Lakewood can enjoy three 9-hole courses at Lakeview Golf Club.
Rockingham Park at the Crossroads hosts little league games on its brand new baseball fields.
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Seasonal community events
The Lakewood Homeowners’ Association has $15 annual household dues so that it can organize block parties and neighborhood picnics for its members. The Lakewood Lunch Bunch meets at a local restaurant monthly to catch up. Kids pedal along the streets in red, white and blue attire during the neighborhood’s annual 4th of July bike parade; residents enjoy popsicles afterward. In October, neighbors declutter in time for the community fall yard sale, which is organized in collaboration with the nearby subdivisions of Barrington and Kentshire Estates. In early December, families gather in their driveways to meet Santa as he travels through the neighborhood on a firetruck from the Hose Company No. 4, handing out toys. Mrs. Claus and the Grinch often accompany the festive entourage. Later in December, carolers don colorful holiday necklaces and Santa hats and walk through Lakewood singing seasonal tunes.
Spotswood High School earns an A-minus
Children may begin at Peak View Elementary School, which has a B-minus rating from Niche. They can progress to Montevideo Middle School, which has a B rating, and finish at Spotswood High School, which earns an A-minus. High school students may enroll in career education programs through the Massanutten Technical Center to study automotive technology, cosmetology, electricity, health and more. There are four post-secondary education options close by; The public James Madison University is in Harrisonburg, and Blue Ridge Community College is about 12 miles southwest. Eastern Mennonite University is a private college with under 1,000 students about 7 miles north, while Bridgewater College is a private college located about 9 miles west.
Spotswood High School was founded in 1980 and has about 950 students in grades 9-12.
Peak View Elementary School serves students from grades PK-5.
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Nearby stores and dining downtown
Lakewood’s peaceful, residential atmosphere means residents must leave the neighborhood for stores or restaurants. Walmart Neighborhood Market is about 2 miles northwest for groceries, and East Market Street is about 3 miles north. The commercial corridor has supermarkets like Aldi, Martin’s and Kroger, along with big box stores like Target. Residents hunt for home décor or new additions to their closets at retail stores like T.J. Maxx and Old Navy. East Market Street is also packed with chain restaurants like Olive Garden, Chick-fil-A and Cook Out, and residents find more unique local restaurants and breweries in downtown Harrisonburg. Weekend mornings bring large crowds to spots like Clementine Café, which serves pancakes and breakfast burritos in a vibrant atmosphere decorated with colorful murals. There’s also Magpie Diner, a contemporary joint in a renovated 20th-century tire station with minimal, black-and-white finishings where residents enjoy egg sandwiches, breakfast bowls and specialty flavored lattes. For dinner, Bella Luna Wood-Fired Pizza offers build-your-own pies in a warmly lit environment, while Jack Brown’s Beer and Burger Joint is a go-to for baskets of fries and burgers with innovative toppings; the Cobra Kai has cream cheese and pickled jalapeños.
For groceries, residents of Lakewood can travel 2 miles northwest to Walmart.
Magpie Diner is a local hot spot and has outdoor seating for hungry residents of Lakewood.
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Port Republic Road connects residents to Interstate 81
Lakewood doesn’t have sidewalks or public transit options, so residents rely on personal vehicles to get around. Downtown Harrisonburg is a 5-mile drive north on Port Republic Road. Drivers can also go a mile northeast to U.S. Route 33; then it's 11 miles east to Massanutten Resort or 20 miles east to the Swift Run Gap Entrance of Shenandoah National Park. Interstate 81 is about 4 miles from the neighborhood; residents heading to Charlottesville or Richmond take I-81 south for 25 miles then link up to Interstate 64 in Staunton. Heading north on Interstate 81 connects Washington, D.C.-bound drivers to Interstate 66.
Serious hikers of Lakewood can travel about 30 minutes to Shenandoah National Park.
The chairlift at Massanutten Resort near Lakewood offers amazing views of Shenandoah Valley.
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.
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On average, homes in Lakewood, Harrisonburg sell after 31 days on the market compared to the national average of 52 days. The median sale price for homes in Lakewood, Harrisonburg over the last 12 months is $607,000, up 5% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$633,950
Median Sale Price
$607,000
Median Single Family Sale Price
$607,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
8
Median Home Sale Price YoY Change
5%
Average Price Per Sq Ft
$173
Neighborhood Facts
Number of Homes in Neighborhood
261
Number of Homes for Sale
0
Median Year Built
1993
Months of Supply
0.00
Average Single Family Home Size Sq Ft
3,175
Significantly above the national average
1,925
Median Lot Size Sq Ft
22,215
Distribution of Home Values
Source: Public Records
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
695
Median Age
38
Population Density
4 ppl/acre
Population under 18
25.9%
On par with the national average
23.8%
Population over 65
17%
On par with the national average
19.1%
Finances
Median Household Income
$124,652
Significantly above the national average
$71,702
Average Household Income
$146,483
Education and Workforce
High School Graduates
99.4%
College Graduates
53.2%
Above the national average
34.1%
Advanced Degrees
29.9%
Above the national average
13.3%
% Population in Labor Force
63.5%
Weather
Annual Precipitation
36''
Average Winter Low Temperature
20°F
Average Summer High Temperature
85°F
Annual Snowfall
1''
Area Factors
Somewhat Bikeable
Bike Score®
6/ 100
Car-Dependent
Walk Score®
1/ 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.
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.
