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Lakeland South

Lakeland South

Located in King County

$664,796 Average Value
$350 Average Price per Sq Ft
25 Homes For Sale

Lakeland South, a convenient suburb

Lakeland South attracts homebuyers with access to retail, restaurants and green spaces. Many homebuyers move to Lakeland South from nearby cities because they see the community as a nice place to settle down. “It’s a good community where people watch out for each other,” says Realtor Don Goethals, who sells homes in the area with RE/MAX Extra, a company he owns. The community also offers highway access that residents use to commute to Seattle and Tacoma. The most popular listings have lake views. The weather is also a partial draw. “Lakeland South’s elevation is above the fog and below the snow,” Goethals says. “When Seattle has foggy days, it's often sunny in Lakeland South.”

Homeowners on Lake Geneva in Lakeland South enjoy all the benefits of living close to the water.
Homeowners on Lake Geneva in Lakeland South enjoy all the benefits of living close to the water.

Homes increasing in value

“Downtown Seattle and Downtown Tacoma have both had price drops in the past few years, but Lakeland South has continued to increase in price,” Goethals says. Three-bedroom mobile homes sell for between $125,000 and $315,000. Three-bedroom 1960s ranch-style homes are typically valued at around $370,000 and $520,000. Assessors value most three-bedroom homes on Lake Geneva at between $465,000 and $940,000. Four-bedroom homes on Lake Killarney are valued between $760,000 and $1 million. Both lakes offer a mix of cottage, ranch and contemporary-style homes. Assessors value four-bedroom 1990s contemporary-style suburban homes at between $560,000 and $950,000.

Mainvue Homes community has newly built houses available for the residents of Lakeland South.
Mainvue Homes community has newly built houses available for the residents of Lakeland South.
A Charming split-level home on Lake Geneva in Lakeland South.
A Charming split-level home on Lake Geneva in Lakeland South.
A great brown and white rambler in the Lakeland South neighborhood.
A great brown and white rambler in the Lakeland South neighborhood.
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Schools within walking distance

Many children attend Rainier View Elementary School, which has a 15-to-1 student-teacher ratio, 34% math proficiency and 41% reading proficiency. Sequoyah Middle School has a 17-to-1 student-teacher ratio, 31% math proficiency and 42% reading proficiency. Both schools have C Niche ratings. Todd Beamer High School has a B-minus Niche rating and an 88% graduation rate. The school offers a slate of Advanced Placement classes. “A lot of kids walk to school,” Goethals says.

A variety of outdoor recreational options

People play tennis, baseball and basketball at Five Mile Lake Park. Folks can also take children to the park’s playground, go boating, relax on the beach or fish for rainbow trout and bluegill. The local little league plays games at the South County Ballfields. People launch their boats at Lake Geneva Park, which is also a popular picnic spot. Gas engines are banned on the lake. Locals take the 9-mile drive to Dash Point State Park, which offers forested hiking and biking trails, campsites and a sandy beach where the land meets Poverty Bay. Folks launch their motorboats from the park as well. Lakeland South residents drive 8 ½ miles northeast to hit the fairways at Auburn Golf Course.

South County Ballfields in Lakeland South
South County Ballfields in Lakeland South
Try some fishing on Lake Trout in the Lakeland South neighborhood.
Try some fishing on Lake Trout in the Lakeland South neighborhood.
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Nearby retail and dining options

Folks shop and dine along Milton Way, about a mile south of the community. Patrons bite into stuffed calzones and enjoy local bands at Dave’s of Milton. The Mill Steakhouse + Spirits is a favorite place to enjoy strong cocktails and classic American fare. Folks chow down on lo mein and Mongolian beef at Milton Wok. The area also has big franchise options like McDonald’s and Starbucks. People buy their own cooking ingredients at the Safeway and pick up general goods at the Dollar Tree just off Meridian Avenue. Residents drive three miles from their homes to reach a mall called The Outlet Collection Seattle, which contains a Bath & Body Works, a Burlington, an H&M, a Gap and many other outlets. The mall also has electric vehicle charging stations. There is Walmart located directly adjacent to Lakeland South.

Entertainment and activities

Folks travel about 24 miles north to watch and root for the Seattle Seahawks and the Seattle Mariners. Century Theatres has a location about 3 miles to the northeast of Lakeland South where locals watch new film releases. Thrill seekers ride rollercoasters and shoot down water slides at the Wild Waves Theme & Water Park, just next to the community.

Commuting to nearby cities

Residents travel about 12 miles west via Interstate 5 to reach Downtown Tacoma and 25 miles north, also on Interstate 5, to reach Downtown Seattle. “Most residents work in either Seattle or Tacoma,” Goethals says. “A lot of people work for Boeing, Amazon and Microsoft.” People can take Washington State Route 167 about 20 miles north to reach the Seattle-Tacoma International Airport. Many residents drive 4 miles northeast to Auburn to catch a train to Seattle or Tacoma.

167 Freeway is conveniently located near Lakeland South.
167 Freeway is conveniently located near Lakeland South.

Interested in learning more about homes in this area? Reach out to Ievgen Dimov, an experienced agent in this area.

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

Lakeland South Housing Trends

Housing Trends

Median List Price
$698,950
Median Sale Price
$685,000
Median Single Family Sale Price
$691,475
Median Change From 1st List Price
2%
Last 12 months Home Sales
63
Median Home Sale Price YoY Change
7%
Average Price Per Sq Ft
$350

Neighborhood Facts

Number of Homes for Sale
25
Months of Supply
4.80

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Lakeland South Has More Owners

Demographics

Total Population
12,641
Median Age
41
Population under 18
23.3%
On par with the national average
23.8%
Population over 65
18.4%
On par with the national average
19.1%

Finances

Median Household Income
$92,271
Above the national average
$71,702
Average Household Income
$113,645

Education and Workforce

High School Graduates
87.5%
College Graduates
26.6%
Below the national average
34.1%
Advanced Degrees
7.4%
Below the national average
13.3%
% Population in Labor Force
68.1%

Weather

Annual Precipitation
39''
Average Winter Low Temperature
37°F
Average Summer High Temperature
77°F
Annual Snowfall
6''

Area Factors

Somewhat Bikeable

Bike Score®®

20 / 100

Car-Dependent

Walk Score®®

3 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

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.
Lakeland South
Ievgen Dimov
KW Lake Washington So
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