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Lakesite

Lakesite

Located in Hamilton County

$408,972 Average Value
$167 Average Price per Sq Ft
0 Homes For Sale

Lakesite is a close-knit community overlooking Chickamauga Lake

The lifestyle's in the name – residents of Lakesite have immediate access to Dallas Bay, Chickamauga Lake and several inlets for premium waterside living. Lakesite was annexed in 1994, and by 1995 the population had doubled, and a prominent commercial area was developed. It truly took off in 2000, but even as Lakesite's popularity grew, the city doubled down in efforts to keep the tight-knit community feel. "It's one of my favorite communities because it's just super unique," says Kevin Gomila, a Realtor with eXp Realty. "It's a small, independently run town. And of course, it's right on the lake, which offers many amenities."

Ranch-styles and split levels near the water

With a backdrop of mountains and close to glittering waters, Lakesite has quite the scenic terrain. Plenty of properties fall in line with typical Tennessee vernacular, such as mixed-material ranch homes and sensible split levels to handle the hills. Lakesite residentially developed in the 1990s, so most homes trend contemporary. New construction continues in the neighborhood, and the modern properties have picturesque characteristics, such as stucco exterior, domed archways and steep, cottage-style roofing. The median selling price for single-family homes in Lakesite is $350,000, while town houses dial down to $320,000. A majority of Lakesite residents own their homes, and properties sell fast, typically going under contract after only two weeks on the market. Two and three-bedroom homes without direct lake access can start at $300,000, while larger properties – especially ones close to the water – sell for $430,000 and upward.

Heading into Soddy Daisy and Chattanooga for shopping and dining

Lakesite is highly residential, and much of the land is reserved for green space – you'll find plentiful commercial areas in its next-door neighborhood, Soddy Daisy. Not only does Highway 27 act as a direct route to downtown Chattanooga, but it's lined with businesses that you need for day-to-day essentials, such as Walmart and Food City, big-name banks and popular retailers. While Highway 27 may have the most options, you can still find a few essentials in the North Hixson Market Place, located at the southernmost portion of Lakesite. There are locally owned businesses peppered around the neighborhood and plenty of dining options on the water – Zois Harbor Lights is a favorite with residents, where you can enjoy fresh seafood on their bayside patio.

Local students attend Hamilton County Schools

Public institutions in Lakesite fall under the Hamilton County School District, and children can follow a few different pipelines. They can begin their educational journey at McConnell Elementary, which receives a B+ grade from Niche, and GreatSchools reports above-average test scores compared to the previous year. It received the Governor's Civic Seal in 2020-2021, which recognizes schools prioritizing educating children on the nation's history and civics values. Students move on to Loftis Middle, which receives an astounding A- grade from Niche and breaks the top 100 list for best public middle schools in Tennessee, before finishing at Soddy Daisy High School. Like Loftis, Soddy Daisy High also breaks into the top 100 for the state, and it's known for progressive academics and providing several avenues that better prepare students for career and education goals post-graduation.

Recreation on the lake and community amenities

Lakesite Park is a popular destination for locals when it comes to getting outside. There's a large playground for the kids, an outdoor gym, covered pavilions and a connected community pool. You can find seasonal events happening at the park, from pool parties to Easter egg hunts and fishing tournaments. Several marinas line the eastern shore, so if you're a fan of water recreation, you're in luck. In the warm months, you can join other residents in boating, kayaking, fishing and swimming – if you don't have your own equipment, plenty of rental sites are available so you won't miss out on any of the fun.

Kaitie Lamb
Written By
Kaitie Lamb
Morgan Nowland
Photography Contributed By
Morgan Nowland
Adam Barkley
Video By
Adam Barkley

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

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Lakesite Housing Trends

Housing Trends

Median List Price
$499,749
Median Sale Price
$464,000
Median Single Family Sale Price
$464,000
Median Change From 1st List Price
7%
Last 12 months Home Sales
4
Median Home Sale Price YoY Change
-3%
Average Price Per Sq Ft
$167

Area Facts

Number of Homes in Neighborhood
26
Number of Homes for Sale
0
Median Year Built
2019
Months of Supply
0.00
Average Single Family Home Size Sq Ft
1,725
Below the national average
1,924
Median Lot Size Sq Ft
7,405

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Lakesite Has More Owners

Demographics

Total Population
1,985
Median Age
44
Population under 18
22.6%
On par with the national average
23.8%
Population over 65
21.8%
On par with the national average
19.1%

Finances

Median Household Income
$98,240
Significantly above the national average
$71,702
Average Household Income
$112,474

Education and Workforce

High School Graduates
96.3%
Above the national average
89.1%
College Graduates
36.2%
Advanced Degrees
9.2%
% Population in Labor Force
73.6%
Above the national average
65.1%

Weather

Annual Precipitation
55''
Average Winter Low Temperature
33°F
Average Summer High Temperature
91°F
Annual Snowfall
1''

Area Factors

Somewhat Bikeable

Bike Score®®

1 / 100

Car-Dependent

Walk Score®®

4 / 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.
Lakesite