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Lakewood Homes for Sale

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  • /29

    $300,000

    • 4 Beds
    • 1 Bath
    • 1,444 Sq Ft

    1700 Tarrall Ave, Norfolk, VA 23509

    Check out this charming home nestled on a spacious corner lot in sought-after Lafayette Shores! The front porch is the perfect place to enjoy your morning cup of coffee or favorite evening beverage! The detached garage can make for a nice workshop, man cave, lady lair or extensive storage! The generous yard is the perfect place for family fun and entertaining! This home is being sold as-is,

    Leslie Gené Jason Mitchell Real Estate

    1700 Tarrall Ave, Norfolk, VA 23509
  • /44

    $720,000

    • 4 Beds
    • 2.5 Baths
    • 3,279 Sq Ft

    1538 Bordeaux Place, Norfolk, VA 23509

    All-brick residence in prestigious Lafayette Shores! Updated eat-in kitchen features gas cooktop, double-wall oven & breakfast bar opening to a spacious den w/ custom built-ins & direct backyard access. Formal living & dining rooms provide refined entertaining space. Gorgeous landscaped yard w/ brick rear fence, accessible from both kitchen & den. Expansive primary suite offers tray ceilings,

    Katie Howlett BHHS RW Towne Realty

    1538 Bordeaux Place, Norfolk, VA 23509
  • /40

    $325,000

    • 4 Beds
    • 2 Baths
    • 1,440 Sq Ft

    1722 Cromwell Dr, Norfolk, VA 23509

    This well-maintained 4-bedroom, 2-bath Cape Cod offers 1,440 sq ft of thoughtfully designed living space. The flexible floor plan accommodates a variety of lifestyles, whether for family living, guest space, or a home office. Features include central heating and air, a detached garage, and classic architectural charm. The home offers convenient access to parks, schools, downtown Norfolk, and

    Mattia Douglass Keller Williams Realty Town Center

    1722 Cromwell Dr, Norfolk, VA 23509
  • /48

    $1,395,000

    • 5 Beds
    • 3.5 Baths
    • 3,233 Sq Ft

    1308 Baecher Ln, Norfolk, VA 23509

    Waterfront living at its finest in Norfolk, VA! This stunning 2-story home sits on a private 1.5-acre lot with 3,226 sq. ft. of beautifully renovated space, featuring 5 bedrooms (2 primaries) and 3.5 baths. Inside, enjoy a fully updated interior with new electrical, upgraded plumbing, brand-new cabinetry, and quartz countertops. The open-concept design blends comfort and functionality while

    Marc Hrisko EXP Realty LLC

    1308 Baecher Ln, Norfolk, VA 23509
  • /32

    $365,000

    • 3 Beds
    • 2.5 Baths
    • 1,340 Sq Ft

    3343 Clark Cir, Norfolk, VA 23509

    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

    Kyle Myers Iron Valley Real Estate Norfolk

    3343 Clark Cir, Norfolk, VA 23509
  • /50

    $415,000

    • 3 Beds
    • 2 Baths
    • 1,781 Sq Ft

    5640 Lakewood Dr, Norfolk, VA 23509

    Nestled in Norfolk’s classic tree-lined Lakewood neighborhood, this timeless brick ranch blends mid-century charm with modern updates. Featuring 3 bedrooms, 2 baths, and approximately 1,781 sq ft, the home offers a spacious primary suite for ultimate comfort. The kitchen shines with custom cabinets, granite countertops, and stainless steel appliances, while a cozy wood-burning fireplace adds

    Alex Winfield Coastal Group Inc.

    5640 Lakewood Dr, Norfolk, VA 23509
  • /4

    $130,000

    • Land
    • 0.50 Acre
    • $260,000 per Acre

    1609 Holland Ave, Norfolk, VA 23509

    same as public

    Betsy Elling Howard Hanna Real Estate Services

    1609 Holland Ave, Norfolk, VA 23509
  • /45

    $725,000 Pre-Foreclosure

    • 4 Beds
    • 3.5 Baths
    • 3,109 Sq Ft

    3531 Colmar Quarter, Norfolk, VA 23509

    Beautiful 2 story brick home in Lafayette Shores. Open foyer with wrapping stairwell leads to contemporary floor plan that flows from room to room. Updated granite counter tops in large kitchen with dual fuel range. Hardwood floors on 1st floor. All bedrooms are spacious! Nine foot ceilings highlight customized transom windows above room entries in foyer. Neighborhood amenities include tennis

    Steven OBrien Redefy Real Estate

    3531 Colmar Quarter, Norfolk, VA 23509

Why Live in Lakewood

Lakewood, a serene neighborhood in Norfolk, is nestled between the Lafayette River and Wayne Creek, offering picturesque waterfront living. The area is characterized by its lush greenery, with pines, maples, and crape myrtles providing a canopy over Colonial Revival and Tudor Revival estates, as well as Cape Cod and cottage-style homes. Many properties date back to the 1920s and 1950s, featuring long driveways and meticulously landscaped lawns. While some homes are in Flood Zone AE, requiring flood insurance, the neighborhood's charm and central location near Norfolk Naval Base and Old Dominion University make it highly desirable. Lakewood Park, at the heart of the community, features sports fields, playgrounds, and courts for basketball and tennis. The Lakewood Dance and Music Center offers lessons for all ages, and the waterfront location allows for boating, fishing, and other water activities. For daily needs, residents can shop at Food Lion, Aldi, Harris Teeter, and Walmart, with additional boutique shops, nightlife, and seafood restaurants in downtown Norfolk. Steinhilber’s Restaurant and Naa's Bakery are local favorites. Maury High School, with its high rating and specialized Medical and Health Specialties program, serves the area. Public transit options include the Norfolk Amtrak Station, Elizabeth River Ferry, Tide Light Rail, and Hamptons Roads Transit bus system. Norfolk International Airport is 5 miles away, and Sentara Norfolk General Hospital is 4 miles from the neighborhood. Annual events like the Norfolk Harborfest and various music festivals add to the vibrant community life.

Frequently Asked Questions

Is Lakewood a good place to live?
Lakewood is a good place to live. Lakewood is considered car-dependent and somewhat bikeable with some transit options. Lakewood is a suburban neighborhood. Lakewood has 6 parks for recreational activities. It is fairly sparse in population with 4.6 people per acre and a median age of 48. The average household income is $139,072 which is above the national average. College graduates make up 54.6% of residents. A majority of residents in Lakewood are home owners, with 32.8% of residents renting and 67.2% of residents owning their home. A local real estate agent serving Lakewood can help you decide if this neighborhood is the right one for you. Learn more on our Lakewood neighborhood guide.
How much do you need to make to afford a house in Lakewood?
The median home price in Lakewood is $460,000. If you put a 20% down payment of $92,000 and had a 30-year fixed mortgage with an interest rate of 6.5%, your estimated principal and interest payment would be $2,330 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $100K a year to afford the median home price in Lakewood. The average household income in Lakewood is $139K.
What are the best public schools in Lakewood?
The best public schools that serve Lakewood are:
What are the best private schools in Lakewood?
The best private schools that serve Lakewood are:
What are the most popular zip codes in Lakewood, Norfolk, VA?
The most popular zip codes in Lakewood, Norfolk, VA include 23509, 23505, 23504, 23508 and 23513.
What are the most popular neighborhoods near Lakewood, Norfolk, VA?
The most popular neighborhoods near Lakewood, Norfolk, VA are Roland Park, Fairmount Park, Belvedere, Colonial Place and Lafayette-Winona.

Home Trends in Lakewood, VA

Housing Trends

Median Sale Price
$470,000
Median Single Family Sale Price
$439,950
Median Townhouse Sale Price
$715,000
Average Price Per Sq Ft
$220
Number of Homes for Sale
7
Last 12 months Home Sales
43
Months of Supply
2.00
Median List Price
$460,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
9%
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