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South Lakes

South Lakes

$862,321 Average Value
$405 Average Price per Sq Ft
5 Homes For Sale

Once known as the playground for Seattle elites, Lakewood and South Lakes provides its residents with 16 parks, five lakes and stunning views in the Pacific Northwest.

“The area is known for all outdoor activities,” says Jim Pullin, the managing broker with Skyline Properties. “From one of the many parks or a day out on one of the five lakes, there is some activity for everybody.”

Tight-winding neighborhood streets are lined with tall old-growth firs, while some properties offer stunning views of either American or Gravelly Lake. For the most part, buyers can find ranch-style and craftsman-style properties, but on the lakefront or near the Tacoma Country Club, you can find larger estate homes and some Tudor Revival properties. Prices start around $300,000 for a three-bedroom, two-bathroom house and can rise to about $500,000 for a similar-sized property. For buyers looking to get in around the country club prices quickly jump into the millions. “Listings currently last slightly more than a month,” Pullin says.

Children attend the Clover Park School District, which scores a B- on Niche and serves the Lakewood and Joint Base Lewis McChord communities. With multiple school paths, one possible path is Tyree Park Elementary, Lochburn Middle and Clover Park High School. No matter the path, each child heads to Clover Park, established in 1938 due to the expansion of the nearby Fort Lewis. Thanks to the Bill & Melinda Gates Foundation gift, the school offers multiple small-group learning options.

Spanning 17 acres on American Lake, Harry Todd Park has plenty to help you enjoy your outdoor surroundings. The park features multiple fields, a basketball court, and a picnic shelter, but it also features a recently renovated beach, fishing pier, and boat docks. On a larger scale, Fort Steilacoom Park is just five miles away, stretches 340 acres, and serves more than a million people annually. With multiple trail systems, sports fields, and drone flying areas, there is almost something for everyone outside. Residents can join the Tacoma Country & Golf Club. Opened in 1894, the club is the first golf course not on a military base in the West. But the golf doesn’t stop there, as Lakewood also boasts the Oakbrook and American Lake Veterans Golf Courses and is just a short drive away from the famous Chambers Bay, which hosted the 2015 PGA Tour major, U.S. Open.

South Lakes has two unique venues that unite locals and tourists. For a small fee, visitors can venture to the historic Lakewold Gardens, which takes you back to the city's development and features multiple gardens and spaces available for private events. Thornewood Castle is a Tudor Gothic home built over 500 years ago in Europe, shipped to the Pacific Northwest, and rebuilt on the shore of American Lake a century ago. Today, it is a hotel and a venue space that allows couples to get married at a real castle.

Stock up on weekly groceries at numerous small markets throughout the community, including J’s Market. You can also quickly ride to Lakewood Towne Center, which has the chain grocer Safeway. After all that retail therapy, grab a bite from Moon Rise Café, a family-owned restaurant open for breakfast, brunch and lunch, or try some authentic Mexican fare from El Toro Mexican Resturant and Cantina.

Find your next home in South Lakes, but then get outside to enjoy the beautiful surroundings.

Andrew Phillips
Written By
Andrew Phillips
Perry Cucinotta
Photography Contributed By
Perry Cucinotta
Taylor Noll
Video By
Taylor Noll

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 Ashley Diaz, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Seattle-Tacoma International

46 min drive

Bus

Portland Ave SW & Berkeley Ave SW

Bus

Union Ave SW & Lake St SW

Bus

Berkeley St SW & Portland Ave

Bus

Portland Ave SW & Forest Rd SW

Bus

Portland Ave SW & W Thorne Ln SW

Bus

Berkeley St SW & Washington Ave SW

Bus

Union Ave SW & Spruce St SW

Crime and Safety

1 - Low Crime, 10 - High Crime South Lakes US
Homicide 4 4
Sexual Assault 4 4
Assault with Weapon 4 4
Robbery 4 4
Burglary 5 4
Motor Vehicle Theft 5 4
Larceny 4 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

South Lakes Demographics and Home Trends

Housing Trends

Median List Price
$429,990
Median Sale Price
$560,000
Median Single Family Sale Price
$427,945
Median Townhouse Sale Price
$395,000
Median 2 Bedroom Sale Price
$2,000,000
Median Change From 1st List Price
11%
Last 12 months Home Sales
21
Median Home Sale Price YoY Change
63%
Average Price Per Sq Ft
$405

Neighborhood Facts

Number of Homes in Neighborhood
1,477
Number of Homes for Sale
5
Median Year Built
1955
Months of Supply
2.90
Average Single Family Home Size Sq Ft
2,342
Above the national average
1,924
Average Townhouse Size Sq Ft
2,351
Average 2 Bedroom Size Sq Ft
1,180
Median Lot Size Sq Ft
14,810

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 Ashley Diaz, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
6,270
Median Age
45
Population Density
5 ppl/acre
Population under 18
20%
On par with the national average
23.8%
Population over 65
24.6%
Above the national average
19.1%

Finances

Median Household Income
$99,150
Significantly above the national average
$71,702
Average Household Income
$141,306

Education and Workforce

High School Graduates
91.3%
College Graduates
38.6%
On par with the national average
34.1%
Advanced Degrees
12.6%
% Population in Labor Force
59.3%
Below the national average
65.1%

Weather

Annual Precipitation
40''
Average Winter Low Temperature
37°F
Average Summer High Temperature
77°F
Annual Snowfall
2''

Area Factors

Somewhat Bikeable

Bike Score®

13 / 100

Car-Dependent

Walk Score®

16 / 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.

Nearby Neighborhoods

Reviews

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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
South Lakes