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Lakesite

Lakesite

Located in Hamilton County

$410,458 Average Value
$240 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."

Lakesite is waiting for you to set your sails.
Lakesite is waiting for you to set your sails.
Marinas dot the banks of Dallas Bay-Lakesite.
Marinas dot the banks of Dallas Bay-Lakesite.
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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.

Many Lakesite homes install longer docks to compensate for the seasonal water levels.
Many Lakesite homes install longer docks to compensate for the seasonal water levels.
Riverfront homes have the best views in Lakesite.
Riverfront homes have the best views in Lakesite.
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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.

Food City supplies produce and groceries for Lakesite residents.
Food City supplies produce and groceries for Lakesite residents.
Lakesite locals pick up farm fresh produce, jams, and treats at Bryden's Market, one of the many local businesses in the area.
Lakesite locals pick up farm fresh produce, jams, and treats at Bryden's Market, one of the many local businesses in the area.
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Local students attend Hamilton County Schools

Public schools in Lakesite fall under the Hamilton County School District, which earns a B rating from Niche. Children can begin their educational journey at McConnell Elementary, which receives a B-plus grade from Niche. 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 can then move on to Loftis Middle, which receives an A-minus, before finishing at the B-minus-rated Soddy Daisy High School. Soddy Daisy is known for progressive academics and providing several avenues that better prepare students for career and education goals post-graduation.

Many of the youngest scholars attend McConnell Elementary School in Lakesite.
Many of the youngest scholars attend McConnell Elementary School in Lakesite.
Lakesite students may attend Loftis Middle School for their education.
Lakesite students may attend Loftis Middle School for their education.
Soddy Daisy High School is where many Lakesite students attend.
Soddy Daisy High School is where many Lakesite students attend.
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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.

This Lakesite resident is heading to the river with his Sea-Doo.
This Lakesite resident is heading to the river with his Sea-Doo.
Lakesite Playground has covered pavilions and grills in the middle of the neighborhood.
Lakesite Playground has covered pavilions and grills in the middle of the neighborhood.
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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 Linda Carter, an experienced agent in this area.

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Lakesite Housing Trends

Housing Trends

Median List Price
$687,674
Median Sale Price
$704,321
Median Single Family Sale Price
$704,321
Median Change From 1st List Price
-1%
Last 12 months Home Sales
4
Median Home Sale Price YoY Change
48%
Average Price Per Sq Ft
$240

Area Facts

Number of Homes
30
Number of Homes for Sale
0
Median Year Built
2008
Months of Supply
0.00
Average Single Family Home Size Sq Ft
1,660
Below the national average
1,927
Median Lot Size Sq Ft
7,405

Open Houses

  • Tuesday, Dec 2
    Open Tue 10AM - 11AM

    2320 Collins Ln, Soddy Daisy, TN 37379

    Call for Price

    • 3 Beds
    • 2 Baths
    • 1,820 Sq Ft
    • 2320 Collins Ln
    • New 27 days ago

    THIS IS AN AUCTION PROPERTY: Bid Online Only Now until Tues Dec 2nd @ 12 Noon . Fixer-Upper in Desirable Lakesite Neighborhood Near the Lake in Soddy Daisy, TN. Selling AS/IS! 10% Buyer's Premium. Other Terms Apply. Buyer/Buyer’s Agent to Verify Pertinent Information. A minimum bid is just a suggested starting bid for the auction and is not the acceptable bid price the Seller is willing to take

    Carl Montgomery Comas Montgomery Realty & Auction

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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
Above the national average
$79,601
Average Household Income
$112,474

Education and Workforce

High School Graduates
96.3%
Above the national average
89%
College Graduates
36.2%
Advanced Degrees
9.2%
% Population in Labor Force
73.6%
Above the national average
64.9%

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®®

2 / 100

Car-Dependent

Walk Score®®

18 / 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