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Lost Lakes

Lost Lakes

$109,398 Average Value
$222 Average Price per Sq Ft
1 Home For Sale

Despite its name, the Lost Lakes neighborhood is anything but lost. It's located just 4 miles northeast of downtown Oklahoma City, and its Lost Lakes Entertainment Complex draws crowds from across the city for its watersports and open-air concerts. But as Lime Realty’s David Aita will tell you, that wasn’t always the case. The Realtor explains, “These neighborhoods used to be forgotten and not very well-known. But the east side of the city is experiencing a really exciting moment right now, where the whole area is up-and-coming together.” He notes that Lost Lakes was one of the first neighborhoods to catch the revitalization wave rolling through this side of town. “With the waterpark at Lost Lakes so close, and all the downtown amenities close by, too, this area attracted investors and interested parties sooner. And with the rest of the area on the upswing, it’s definitely becoming more and more popular,” he says.

The midcentury Minimal Traditional-style homes you’ll find here are compact, often with two or three bedrooms and combined living and dining spaces. Many feature aluminum awnings over their front stoops and carports shading their driveways. Most are also single-story, but some have second stories camouflaged by side-gabled, steeply pitched roofs. “The homes that are not updated are going to sit at a lower price point, but the ones that are more updated can go for as much as $150,000,” says Aita. Prices here range from $60,000 to $150,000, floating well below the median for the rest of the city. “It all depends on what’s been done, of course,” he explains, noting that as the neighborhood attracts more investors and renovation-hungry homebuyers, he expects prices will start to climb. For a three-bedroom, one-bathroom cottage built in 1954 and extensively remodeled inside and out with new windows and flooring, modern fixtures and appliances and fresh paint throughout, you can expect to pay around $145,000.

Lost Lakes students are served by schools in the Oklahoma City Public Schools system. Many go to Thelma Parks Elementary between preschool and fifth grades, F.D. Moon Middle between sixth and eighth grades and Frederick Douglass High for ninth through 12th grades. Douglass is one of the oldest schools in the metro, established in 1891 as the first school in the city serving African-American students. Less than 2 miles west down Northeast 10th Street, across Interstate 35, Douglass High is known affectionately by locals today as “the Pride of the East Side.”

With I-35 less than a mile west, Lost Lakes offers easy access to the surrounding metro. “Being this close to the highway is a huge draw since you can get from point A to point B quickly just by hopping on. You’re never more than 15 or 20 minutes from wherever you need to go,” says Aita. But to soak in the sun and enjoy some fresh air, you don’t need to spend even that long in the car. Edwards Park, less than a mile west of most homes on just the other side of Bryant Avenue, is a popular gathering place for residents of all ages. The sprawling park features an 11-table picnic pavilion, a paved walking path and a playground, all surrounding Edwards Park Lake, where “casual fishing” is welcomed. For more fun on the water, the Lost Lakes Entertainment Complex and Adventure Park are also less than a mile away, but this time east down 10th Street. From watersports like wakeboarding, waterskiing and kneeboarding to its waterslides and sandy beaches, the Adventure Park draws residents from around the metro for fun in the sun. And on days when the park hosts concerts in the amphitheater, Lost Lakes residents can enjoy the live music echoing across Redbud Drive over their backyards.

When it’s time to return to everyday adventures like shopping for groceries, many residents head just over 2 miles northeast to The Market at Eastpoint. On 23rd Street near the Ralph Ellison branch of the Metropolitan Library System, The Market began as a community garden and urban farm designed to change the area’s “food desert” status. Since 2021, it’s been working to move from providing access to food to ensuring both food justice and food security to the surrounding neighborhoods in east side OKC.

Megan Quintin
Written By
Megan Quintin
Lindsey Torres
Photography Contributed By
Lindsey Torres
Paris Lape
Video By
Paris Lape

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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 neighborhood? Reach out to Renee Hoover-Payton, an experienced agent in this area.

Parks in this Area

Lost Lakes Demographics and Home Trends

Housing Trends

Median List Price
$364,900
Median Sale Price
$347,987
Median Single Family Sale Price
$440,640
Median Townhouse Sale Price
$305,975
Median Change From 1st List Price
0%
Last 12 months Home Sales
6
Average Price Per Sq Ft
$222

Neighborhood Facts

Number of Homes in Neighborhood
523
Number of Homes for Sale
1
Median Year Built
1954
Months of Supply
2.00
Average Single Family Home Size Sq Ft
1,015
Significantly below the national average
1,924
Median Lot Size Sq Ft
6,534

Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this neighborhood? Reach out to Renee Hoover-Payton, an experienced agent in this area.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
1,082
Median Age
40
Population Density
3 ppl/acre
Population under 18
27%
On par with the national average
23.8%
Population over 65
19%
On par with the national average
19.1%

Finances

Median Household Income
$17,416
Significantly below the national average
$71,702
Average Household Income
$34,747

Education and Workforce

High School Graduates
82.6%
College Graduates
9.3%
Below the national average
34.1%
Advanced Degrees
1.4%
Below the national average
13.3%
% Population in Labor Force
57.5%

Weather

Annual Precipitation
37''
Average Winter Low Temperature
27°F
Average Summer High Temperature
93°F
Annual Snowfall
12''

Area Factors

Somewhat Bikeable

Bike Score®

27 / 100

Car-Dependent

Walk Score®

7 / 100

Some Transit

Transit Score®

31 / 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.

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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
Lost Lakes
Renee Hoover-Payton
Marlow and More Realty
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