Why Live in Lake of the Woods
Lake of the Woods, situated in the Pinetop-Lakeside area of central Arizona, is ideal for those who enjoy outdoor activities. The neighborhood is surrounded by lakes and dense forests at the base of the White Mountains and the Apache-Sitgreaves National Forests. Residents can engage in hiking, fishing, kayaking, and skiing, thanks to the area's four-season climate. Home styles in Lake of the Woods range from manufactured homes in the Rim Country Community to wooded cabins and mountain homes, with prices varying widely. Rainbow Lake, the largest in the area, offers boat launches for fishing, swimming, and paddling. The White Mountains provide numerous hiking trails, and Sunrise Park Resort on Mount Baldy, 35 miles southeast, is popular for skiing. Dining options and shops are found along White Mountain Boulevard, including Tipsy Hippy Grill and The Bistro at Annie’s. White Mountain Village, a local shopping plaza, is a few miles south, while Show Low, less than 10 miles north, offers additional amenities. Blue Ridge Junior High and Blue Ridge High, both rated B-plus, serve the neighborhood. The annual Fall Festival, featuring the Run to the Pines Car Show, is a significant local event. Summit Healthcare, located 5 miles north, is a major employer. Residents should be aware of wildfire risks in the Apache-Sitgreaves National Forests, with the 2011 Wallows Fire being a notable incident.
Home Trends in Lake of the Woods, AZ
On average, homes in Lake of the Woods, AZ sell after 74 days on the market compared to the national average of 50 days. The median sale price for homes in Lake of the Woods, AZ over the last 12 months is $394,500, down 11% from the median home sale price over the previous 12 months.
Median Sale Price
$394,500
Median Single Family Sale Price
$405,000
Average Price Per Sq Ft
$304
Number of Homes for Sale
18
Last 12 months Home Sales
43
Median List Price
$444,950
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-11%