$169,950Average Value$83Average Price per Sq Ft8Homes For Sale
An older riverside sliver is changing
In the far east of Monroe, the small neighborhood of Lakeshore sits between the southern banks of Bayou DeSiard and the Monroe Regional Airport. It's a quiet sliver of neighborhood hanging off major roads, which contain most of the area's activity. Although things are changing as denser housing options become more common, longstanding businesses signal the stability of everyday life in Lakeshore. "A lot of those homes are older homes, so it's very appealing for investors to go over there to fix and flip those homes," says Realtor Brock Duncan of Keller Williams. "It's an older part of Monroe, and people are making it newer by going in, fixing things up and bringing up property value."
Classic architecture lines the streets in Lakeshore.
Black Bayou Lake flows into Bayou Desiard, which runs along Lakeshore.
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Transitioning from ranchers to condos
The neighborhood is shaped like a fish, beginning westward in a spoke-and-wheel portion and tapering off the further east it extends, eventually fanning out a bit at Rowland Road. Throughout most of the area, single-family ranch-styles built during the 1950s and featuring updated interiors are the most common option. These offer the widest variety of prices, with most selling for between $140,000 - $250,000. But things are gradually changing. "Lakeshore is a transitional area," says the Director of Membership and Community Engagement for the Monroe Chamber of Commerce, Mike Downhour. "They've still got their big houses, but it's turning into more of a rental area." That trend also includes denser options in the form of condominiums, which typically sell for between $150,000 and $180,000.
Many residents in Lakeshore enjoy the spacious layouts of ranch-style homes.
The community features a variety of ranch-style homes that reflect its rural heritage.
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Kayak voyages to Black Bayou Lake National Wildlife Refuge
There are no city parks located in Lakeshore. But that isn't much of a concern for the residents whose homes back right up to the bayou. Most of those homes feature a private boat slip for fishing expeditions and scenic kayak adventures, which sometimes go as far as Black Bayou Lake National Wildlife Refuge to the north. "Anything near the Bayou is desirable, which Lakeshore is," Duncan says. Other residents typically use the playground and sports fields at Lakeshore Elementary to get a dose of recreation. When it's raining, the Louise Williams Branch Library offers frequent programs and events for young children and teens, such as movie screenings and computer classes.
Black Bayou Lake National Wildlife Park.
Black Bayou Lake National Wildlife Park.
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Walking to the bus
Traffic can move slowly on Lakeshore's major roads, especially where DeSiard Street splits into U.S. State Route 80 and Old Bastrop Road. Monroe Transit bus routes run along DeSiard Street, stopping just short of the neighborhood at DeSiard Plaza Drive.
Po boys and ice cream from Ray's PEGE
Though small and narrow, the neighborhood packs in many businesses along its major roads. A Brookshire's supermarket immediately across DeSiard Street is the main place locals shop for weekly essentials. However, residents living further east might prefer shopping at the Mac's Fresh Market on Lincoln Road. In between, several locally owned eateries act as neighborhood landmarks. Ray's PEGE is a no-frills throwback eatery that has served homemade ice cream and sandwiches like shrimp po boys since the mid-1960s. Just down the road, the parking lot of the 76 Gas Station on Lincoln Road has one of the most popular businesses in all of Monroe. Indeed, the unassuming hut that houses Shiver Shack Snowballs & Sweets attracts long lines of locals looking for a sweet way to cool off in the summertime.
Since 1960,Ray's PEGE has been an integral part of Lakeshore.
In Lakeshore, Shiver Shack offers a variety of frozen treats and desserts.
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Church groups and airshows
Lakeshore Baptist Church is an important community touchpoint for many neighborhood residents. High school and college students especially find community there through frequent programming such as small groups, mixers, movie nights and worship concerts. However, the true high watermark of Lakeshore is the annual Red, White and Blue Airshow that happens every spring at the Monroe Regional Airport, which is easily observed from several vantage points in and around Lakeshore.
Walkable to Lakeshore Elementary School
Students in Lakeshore are zoned for the Ouachita Parish Public Schools. They typically begin school in their neighborhood at Lakeshore Elementary, which is rated B-minus by Niche. For grades 6-8, students attend East Ouachita Middle School, which has a B score. The last step, Ouachita Parish High School, is rated B-minus.
Lakeshore Elementary School challenges and encourages children to learn.
Students are the highest priority at Ouachita Junior High School.
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Lakeshore Demographics and Home Trends
On average, homes in Lakeshore, Monroe sell after 89 days on the market compared to the national average of 55 days. The median sale price for homes in Lakeshore, Monroe over the last 12 months is $166,900, down 2% from the median home sale price over the previous 12 months.
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