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Lakewood Homes for Sale

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  • /46

    $799,000 Open Sun 1PM - 3PM

    • 5 Beds
    • 3.5 Baths
    • 2,963 Sq Ft

    1308 Baecher Ln, Norfolk, VA 23509

    Wake up to breathtaking Lafayette River views in this custom-built, one-owner home! Soaring cathedral ceilings and expansive windows in the living room flood the space with natural light, while the gas fireplace adds warmth and charm. The open-concept kitchen and formal dining room make entertaining effortless.The first-floor en suite boasts private deck access and river views. Upstairs, the

    Henri Ellis Howard Hanna Real Estate Services

    1308 Baecher Ln, 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
  • /40

    $414,900

    • 4 Beds
    • 2.5 Baths
    • 1,914 Sq Ft

    1720 Ashland Ave, Norfolk, VA 23509

    ***SELLERS OFFERING A $5,000 CONCESSION FOR FLOORS (NEED TO BE REFINISHED - ORIGINIAL WOOD FLOORS), NEW APPLIANCES AND/OR CLOSING COSTS*** **SHOWINGS AVAILABLE ON WEDNESDAYS, FRIDAYS, SATURDAYS AND SUNDAYS****New Appraisal done January 2025** **Listing price is lower than appraisal** Amazing space for the price! Located in sought after Winona, this spacious home has so much to

    Tammy Nobles Own Real Estate LLC

    1720 Ashland Ave, Norfolk, VA 23509
  • /33

    $625,000 New Construction

    • 4 Beds
    • 2.5 Baths
    • 2,600 Sq Ft

    1608 Holland Ave, Norfolk, VA 23509

    Lots to love with this brand new EDC Homes Luke Model in Winona! Incentives on accepted contract up to $10000 or more in closing costs assistance,inquire for details. So few new homes available today, especially with marsh views and at the end of a non-through street! No neighbor across the street too! This one checks all of the boxes with style and function. Open floor plan, rear deck great for

    Andy Hubba Exit Realty Professionals

    1608 Holland Ave, Norfolk, VA 23509
  • /32

    $309,000

    • 3 Beds
    • 2 Baths
    • 1,502 Sq Ft

    3516 White Chapel Rd, Norfolk, VA 23509

    Discover this beautifully updated gem nestled in the heart of Lafayette, just minutes from everything Norfolk has to offer. Enjoy the perfect blend of indoor comfort and outdoor living with a spacious, fenced backyard and a covered patio—ideal for relaxing, entertaining, or enjoying a sunny afternoon. Step inside to find a classic, well-built home thoughtfully renovated with modern finishes and

    Crystal Clarke CRG Coastal

    3516 White Chapel Rd, Norfolk, VA 23509
  • /3

    $319,990

    • 4 Beds
    • 2 Baths
    • 1,696 Sq Ft

    3503 White Chapel Rd, Norfolk, VA 23509

    **Welcome to 3503 White Chapel Road, Norfolk, VA 23509** Tucked away in the peaceful enclave of Lafayette Shores, this beautifully maintained 4-bedroom, 2-bathroom home offers a rare blend of comfort, convenience, and charm. Thoughtfully designed, it includes a full bedroom and bathroom on the first floor—perfect for guests or multigenerational living.Ideally located just minutes from I-64, this

    Ethelbert Johnson Swell Real Estate Co.

    3503 White Chapel Rd, Norfolk, VA 23509

About 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 somewhat walkable and somewhat bikeable with some transit options. 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.
Is Lakewood, VA a safe neighborhood?
Lakewood, VA is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Lakewood?
The median home price in Lakewood is $414,900. If you put a 20% down payment of $83,000 and had a 30-year fixed mortgage with an interest rate of 6.81%, your estimated principal and interest payment would be $2,170 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $93K 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 23434, 23456, 23322, 23435 and 23451.
What are the most popular neighborhoods near Lakewood, Norfolk, VA?
The most popular neighborhoods near Lakewood, Norfolk, VA are Belvedere, Fairmount Park, Lafayette-Winona, Colonial Place and Cromwell Farm/Bolling Brook.
Are home prices dropping in Lakewood?
Yes, home prices in Lakewood are down 19% in the last 12 months.

Home Trends in Lakewood, VA

Home Trends

Median Price (12 Mo)
$410,000
Median Single Family Price
$414,900
Median Townhouse Price
$60,000
Average Price Per Sq Ft
$199
Number of Homes for Sale
6
Last 12 months Home Sales
37
Months of Supply
1.90
Median List Price
$414,900
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
-18%
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