$548,428Average Value$214Average Price per Sq Ft1Home For Sale
A prime waterfront community in Norfolk
Embodying the historic beauty of Norfolk, Lakewood is a quiet neighborhood on the peninsula between the Lafayette River and Wayne Creek. With sweeping views of the waters and verdant woodlands as backdrops, Lakewood is a prime location in Norfolk with easy access to Norfolk Naval Base, Old Dominion University, area parks and restaurants in the downtown part of the city. “Lakewood is one of the premier neighborhoods that is known for waterfront living. This is a very desirable area for its beautiful natural landscape, estate homes by the water and the central location,” says Craig Boyer, a Virginia Beach resident for over 30 years who has been servicing the Tidewater region as a Realtor and investment agent with All/Pros Realty Inc.
Cape Cod homes are common in Norfolk's Lakewood neighborhood.
Historic homes by the Lafayette River and Wayne Creek
Lakewood is canopied by overhanging pines, maples and crape myrtles. In autumn one might see pinecones covering the garden beds of cottages and Cape Cod homes. Colonial Revival and Tudor Revival estates are often tucked by towering trees, long driveways and thoughtfully designed landscaping lawns. A single-story cottage around 2,000 square feet is likely priced between $350,000 and $450,000, and a two-story home over 3,000 square feet is about $650,000. Retreats with private waterfront and boat lifts are usually priced at approximately $1 million. “Although not a historical district, many Lakewood homes date to the 1920s and the 1950s. The stately properties capture a lot of the historic beauty and charm from those eras, and there are some large waterfront properties by Wayne Creek priced in the millions and come with their own boat docks,” Boyer says. There may be some homes located in Flood Zone AE, which are oftentimes required to purchase flood insurance.
The Academy for Discovery in Norfolk's Lakewood neighborhood.
Norfolk Public Schools
Young learners may begin schooling at Willard Elementary School, which is rated C by Niche. Incoming third- through eighth-grade students can apply to the Academy for Discovery at Lakewood, which is a magnet school known for having an International Baccalaureate program. Norview Middle School has a C-minus ranking and Maury High School has an overall B-plus score. In conjunction with Eastern Virginia Medical School (EVMS), Maury High offers the Medical and Health Specialties program for students interested in pursuing careers in health and medical science.
A picnic area in Lakewood Park.
Outdoor recreation at Lakewood Park
Located at the heart of the community, Lakewood Park has sports fields, a playground and covered picnic areas. Residents can also take advantage of the park’s basketball and tennis courts for games and matches. The Lakewood Dance and Music Center offers dance and music lessons to people from all levels and age groups. As a lakefront community that sits by the Lafayette River and Wayne Creek, many residents have their own boats for leisure water activities such as slow boating, water skiing, fishing or canoeing.
Shops and restaurants in downtown Norfolk
For groceries and household essentials, head to the Food Lion at Lafayette Shores Shopping Center. Retailers such as Aldi, Harris Teeter and Walmart are also located throughout Norfolk. Locals can go to downtown Norfolk for boutique shops, nightlife and coffee houses; or explore one of the myriad seafood restaurants by the water. A local staple is Steinhilber’s Restaurant, which is a notable steakhouse serving oysters, lobster thermidor and filet mignon. Naa's Bakery is a family-owned fixture that has supplied Lakewood with donuts and specialty cakes for almost 100 years.
A colorful mural adorns the Dance and Music Center at Norfolk's Lakewood Park.
Naa's Bakery near Lakewood is located on Tidewater Boulevard.
1/2
Norfolk's maritime festival
Known as the longest-running maritime festival in the nation, the Norfolk Harborfest is one of the most important celebrations of the city. Each year the festival opens with a sailing parade of over 200 ships and vessels cruising down the Elizabeth River. Additional activities include live entertainment such as acrobatics, strongman and pirate shows, a build-a-boat challenge, naval demonstrations and exhibits and fireworks displays. Other events include the Norfolk Waterfront Jazz Festival, the Norfolk Latino Music Festival, Nash Fest and Bayou Bon Vivant, which celebrates local Cajun art, food and music.
Navigating the coasts of Norfolk
While one needs a car for groceries and shopping trips, many parts of Lakewood can be accessed by biking or walking. Public transit is available at Norfolk’s city center and includes the Norfolk Amtrak Station, the Elizabeth River Ferry, the Tide Light Rail and the Hamptons Roads Transit bus system. For flights and trips abroad, the Norfolk International Airport is about 5 miles east of the peninsula, and Sentara Norfolk General Hospital is about 4 miles away. People can also drive to nearby cities such as Charlottesville and Richmond via Interstate 64.
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
DeAnna Virtuoso,
an experienced agent in this neighborhood.
Parks in this Area
Shoop Park
Basketball
Dog Park
Picnic Area
Lafayette Park
Baseball/Softball
Basketball
Picnic Area
Lakewood Park
Baseball/Softball
Football
Soccer
Lafayette Park Playground
Roland Park Playground
Picnic Area
Playground
Lafayette Residence Park
Dog Park
Picnic Area
Playground
Transit
Airport
Norfolk International
11 min drive
Bus
Tidewater & Clark
Crime and Safety
1 - Low Crime, 10 - High Crime
Lakewood
US
Homicide
4
4
Sexual Assault
3
4
Assault with Weapon
3
4
Robbery
4
4
Burglary
4
4
Motor Vehicle Theft
3
4
Larceny
3
4
Crime Score
3
4
Source: WhatIsMyCrimeRisk.com
Lakewood Demographics and Home Trends
On average, homes in Lakewood, Norfolk sell after 59 days on the market compared to the national average of 70 days. The median sale price for homes in Lakewood, Norfolk over the last 12 months is $365,000, down 19% from the median home sale price over the previous 12 months.
Welcome home to 3506 Pomroy Ave! This move-in ready 4 bedroom, 2 Bath gem is great for first-time home buyers or military families looking for comfort, space, and convenience. The beautifully remodeled kitchen features quartz countertops, modern finishes, and recessed lighting-excellent for everyday living and family gatherings.Enjoy the versatility of a private in-law suite, offering space
Welcome to this beautiful 2-story, 3-bedroom, 2.5-bath home in the sought-after Winona neighborhood of Norfolk! The kitchen features soft-close cabinets, stainless steel appliances, granite countertops, and a breakfast bar. Enjoy the spacious first-floor primary suite with dual sink vanity and granite counters. An open-concept layout with LVP flooring flows throughout the main level. Step outside
Spacious colonial in highly sought after Lakewood community. Enjoy this open and airy floor plan, with many recent improvements. Oversized kitchen with Corian counters tons of storage and newer appliances. First floor home office or playroom. Huge primary bedroom with wonderful built-ins and large custom walk-in closet. Central heating and cooling is provided by a high efficiency closed loop
Charming 2 story home with modern upgrades for rent in the desirable Lakewood neighborhood. Nestled on a quiet riverfront corner lot, the home offers beautiful water views, sunroom, and a spacious deck - great for relaxing or entertaining. Once you step inside, you'll find large, open rooms with numerous updates throughout as well as new paint throughout! The stunning kitchen boasts quartz
Interested in learning more about homes in this area?
Reach out to
DeAnna Virtuoso,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
1,919
Median Age
48
Population Density
5 ppl/acre
Population under 18
20.7%
On par with the national average
23.8%
Population over 65
28.3%
Above the national average
19.1%
Finances
Median Household Income
$110,534
Significantly above the national average
$71,702
Average Household Income
$139,072
Education and Workforce
High School Graduates
91.5%
College Graduates
54.6%
Above the national average
34.1%
Advanced Degrees
31.5%
Above the national average
13.3%
% Population in Labor Force
65%
Weather
Annual Precipitation
45''
Average Winter Low Temperature
34°F
Average Summer High Temperature
88°F
Annual Snowfall
7''
Area Factors
Somewhat Bikeable
Bike Score®
42/ 100
Somewhat Walkable
Walk Score®
56/ 100
Some Transit
Transit Score®
35/ 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.
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.
