Why Live in Lakeside
Lakeside in Lynchburg is a residential neighborhood located 4 miles from Downtown Lynchburg, known for its convenient access to commercial centers along Lakeside Drive. This area is popular among employees of Centra Lynchburg General Hospital and the University of Lynchburg, which features an art museum and a performance hall. Homes here, built around 1963, include ranch, bungalow, and contemporary styles, with large front yards set back from the street. The neighborhood is car-dependent with no sidewalks, but public transportation is available via bus stops on Old Forest Road, Hill Street, and Lakeside Drive. Lynchburg Regional Airport is 8 miles away.
Children in Lakeside attend Linkhorne Elementary and Middle Schools, progressing to the highly rated E.C. Glass High School. The neighborhood offers several attractions, including the Awareness Garden on Old Forest Road, dedicated to cancer survivors, and the Blackwater Creek Athletic Area, which features walking trails and sports fields. The Lynchburg Dog Park is also nearby for off-leash pet activities.
Commercial centers along Lakeside Drive house popular retailers and eateries, such as The Fresh Market, Aldi, CAVA, and Chipotle Mexican Grill. For quick snacks or light grocery shopping, residents frequent KWIK STOP. Cultural activities are abundant at the University of Lynchburg, with events at the Sydnor Performance Hall and exhibits at the Daura Museum of Art. The neighborhood also hosts various religious services at local houses of worship, including Agudath Sholom Synagogue and St. George Greek Orthodox Church.
Frequently Asked Questions
Is Lakeside a good place to live?
Lakeside is a good place to live. Lakeside is considered very car-dependent and somewhat bikeable with some transit options. It is sparse in population with 2.2 people per acre and a median age of 32. The average household income is $56,713 which is below the national average. College graduates make up 17.9% of residents. A majority of residents in Lakeside are renters, with 61.1% of residents renting and 38.9% of residents owning their home. A
local real estate agent serving Lakeside can help you decide if this neighborhood is the right one for you. Learn more on our
Lakeside neighborhood guide.
How much do you need to make to afford a house in Lakeside?
The median home price in Lakeside is $430,680. If you put a 20% down payment of $86,100 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,230 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $96K a year to afford the median home price in Lakeside. The average household income in Lakeside is $57K.
What are the best public schools in Lakeside?
The best public schools that serve Lakeside are:
What are the best private schools in Lakeside?
The best private schools that serve Lakeside are:
What are the most popular zip codes in Lakeside, Lynchburg, VA?
What are the most popular neighborhoods near Lakeside, Lynchburg, VA?
Are home prices dropping in Lakeside?
Yes, home prices in Lakeside are down 51% in the last 12 months.
Home Trends in Lakeside, VA
On average, homes in Lakeside, Lynchburg sell after 4 days on the market compared to the national average of 70 days. The median sale price for homes in Lakeside, Lynchburg over the last 12 months is $410,000, down 52% from the median home sale price over the previous 12 months.
Median Sale Price
$410,000
Median Townhouse Sale Price
$410,000
Average Price Per Sq Ft
$307
Number of Homes for Sale
0
Last 12 months Home Sales
11
Median List Price
$430,680
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-52%