Lakewood Homes for Sale
2 homesCommunity Highlights
- Walkable access to Lake Tomahawk and downtown Black Mountain
- Mix of historic cottages, ranches, and newer construction
- Outdoor living spaces, gardens, and flexible bonus areas
* Based on what we noticed in listing details.
Lake Tomahawk Park
Black Mountain Golf Course · community pool · tennis courts +1
Lake Tomahawk
downtown Black Mountain
* Based on what we noticed in listing details.
Architecture & Style
- Wood Floors
- Updated Kitchens
- Decks
- Screened Porches
- Fenced Yards
- Basements
- Detached Studios Or Storage Buildings
* Based on what we noticed in listing details.
Location & Proximity
Western North Carolina mountains, Black Mountain area
- Lake Tomahawk
- Lake Tomahawk Park
- Black Mountain Golf Course
- downtown Black Mountain
- Montreat
* Based on what we noticed in listing details.
First Impressions
Lakewood sits in one of Black Mountain’s most appealing in-town pockets, where everyday errands, parks, and downtown outings all come together with very little effort. The setting feels established rather than sprawling, with a mix of older cottages, updated ranches, and newer builds that reflect the neighborhood’s long life and continuing appeal. Many homes are placed on manageable lots, and the streetscape often pairs mature landscaping with porches, decks, and mountain views. It is the kind of community where a home’s outdoor space matters just as much as its interior, and where the surrounding town amenities are close enough to shape daily routines.
Home Styles & Community Feel
Lakewood is defined by single-family homes, with architecture that ranges from historic cabins and mid-century ranches to newly built residences. The oldest homes date to the 1920s, while the newest examples were built in 2024, giving the neighborhood a broad range of character and finish levels. Many homes feature wood floors, updated kitchens, screened porches, decks, and fenced yards, while some properties add basements, detached studios, or extra storage space. Brick appears in some homes, though it is not the dominant exterior story here. Lot sizes tend to be practical rather than oversized, and the neighborhood’s appeal often comes from how much use homeowners get out of the land: gardens, terraces, workshop space, and room for outdoor living all show up again and again.
These insights are based on listing details and are informational only; verify details for any specific property.
Market Trends
Buyers have more negotiating power. Properties may take longer to sell. Prices have declined 8%.
Year-over-Year Comparison
Last 12 months





Recently Sold Properties
| Property | Sold Date▼ | Sale Price↕ | DOM↕ | LP/SP↕ | Size↕ | $/SF↕ |
|---|---|---|---|---|---|---|
![]() SOLD 726 Rhododendron Avenue 2 bed1 bath | Apr 20 2026 | $425,000 | 40 | 🎯102% | 811 sq ft | $524 |
7 month gap in market activity | ||||||
![]() SOLD 820 Azalea Avenue 3 bed2 bath | Sep 9 2025 | $410,000 | 94 | 96% | 956 sq ft | $429 |
![]() SOLD 711 N Oconeechee Avenue 2 bed1 bath | Aug 28 2025 | $400,000 | 22 | 94% | 857 sq ft | $467 |
2 month gap in market activity | ||||||
![]() SOLD 716 9th Street 2 bed2 bath | Jun 16 2025 | $460,000 | 48 | 🎯108% | 995 sq ft | $462 |
3 month gap in market activity | ||||||
![]() SOLD 701 Holly Avenue 4 bed2 bath | Feb 20 2025 | $735,000 | 45 | 98% | 1901 sq ft | $387 |
7 month gap in market activity | ||||||
![]() SOLD 703 Laurel Avenue 1 | Jul 12 2024 | $220,000 | 31 | 🎯100% | — | — |
![]() SOLD 235 North Fork Road 4 bed3 bath | Jun 28 2024 | $627,000 | 126 | 99% | 1934 sq ft | $324 |
![]() SOLD 703 Laurel Avenue 4 bed3 bath | Jun 5 2024 | $825,000 | 25 | 🎯100% | 2555 sq ft | $323 |
2 month gap in market activity | ||||||
![]() SOLD 819 Rhododendron Avenue 3 bed1 bath | Apr 5 2024 | $445,000 | 36 | 🎯100% | 1370 sq ft | $325 |
10 month gap in market activity | ||||||
![]() SOLD 824 Laurel Avenue 2 bed1 bath | Jun 5 2023 | $360,000 | 25 | 🎯100% | 739 sq ft | $487 |
2 month gap in market activity | ||||||
![]() SOLD 704 9th Street 2 bed1 bath | Mar 31 2023 | $415,000 | 36 | 93% | 0 sq ft | $Infinity |
5 month gap in market activity | ||||||
![]() SOLD 725 Rhododendron Avenue | Oct 21 2022 | $140,000 | 72 | 94% | — | — |
7 month gap in market activity | ||||||
![]() SOLD 203 N Fork Road 3 bed2 bath | Feb 28 2022 | $615,000 | 45 | 95% | 1728 sq ft | $356 |
3 month gap in market activity | ||||||
![]() SOLD 708 N Cherokee Avenue 3 bed2 bath | Nov 2 2021 | $300,000 | 69 | 🎯100% | 1792 sq ft | $167 |
![]() SOLD 819 Rhododendron Avenue 3 bed1 bath | Oct 8 2021 | $320,000 | 85 | 🎯101% | 1370 sq ft | $234 |
![]() SOLD 808 Rhododendron Avenue 3 bed2 bath | Sep 17 2021 | $304,000 | 13 | 95% | 1156 sq ft | $263 |
![]() SOLD 00000 Rhododendron Avenue | Aug 9 2021 | $125,000 | 86 | 93% | — | — |
![]() SOLD 752 Hiawassee Avenue 3 bed2 bath | Jul 9 2021 | $450,000 | 39 | 🎯100% | 2204 sq ft | $204 |
![]() SOLD 705 Holly Avenue 3 bed1 bath | May 17 2021 | $369,000 | 87 | 98% | 1242 sq ft | $297 |
![]() SOLD 822 Azalea Avenue 4 bed2 bath | Apr 16 2021 | $233,700 | 275 | 99% | 1250 sq ft | $187 |
4 month gap in market activity | ||||||
![]() SOLD 706 Laurel Avenue 2 bed1 bath | Nov 19 2020 | $306,000 | 38 | 🎯104% | 1150 sq ft | $266 |
![]() SOLD 800 Laurel Avenue 4 bed3 bath | Nov 6 2020 | $325,000 | 506 | 97% | 2633 sq ft | $123 |
2 month gap in market activity | ||||||
![]() SOLD 810 N Oconeechee Avenue 3 bed1 bath | Sep 4 2020 | $216,000 | 46 | 98% | 1104 sq ft | $196 |
![]() SOLD 830 Hiawassee Avenue 3 bed1 bath | Jul 15 2020 | $265,000 | 110 | 96% | 912 sq ft | $291 |
![]() SOLD 830 Laurel Avenue 1 bed1 bath | Jun 24 2020 | $204,000 | 39 | 95% | 582 sq ft | $351 |
![]() SOLD 752 Hiawassee Avenue 3 bed2 bath | Jun 24 2020 | $372,000 | 50 | 97% | 2190 sq ft | $170 |
![]() SOLD 716 9th Street 2 bed2 bath | Jun 1 2020 | $315,000 | 42 | 97% | 995 sq ft | $317 |
3 month gap in market activity | ||||||
![]() SOLD 803 Rhododendron Avenue 2 bed2 bath | Feb 18 2020 | $279,000 | 141 | 97% | 1010 sq ft | $276 |
![]() SOLD 708 Laurel Avenue 3 bed1 bath | Feb 18 2020 | $245,000 | 191 | 89% | 1225 sq ft | $200 |
![]() SOLD 727 Azalea Avenue 2 bed1 bath | Jan 30 2020 | $250,000 | 126 | 91% | 1249 sq ft | $200 |

726 Rhododendron Avenue
$425,000

820 Azalea Avenue
$410,000

711 N Oconeechee Avenue
$400,000

716 9th Street
$460,000

701 Holly Avenue
$735,000

703 Laurel Avenue 1
$220,000

235 North Fork Road
$627,000

703 Laurel Avenue
$825,000

819 Rhododendron Avenue
$445,000

824 Laurel Avenue
$360,000

704 9th Street
$415,000

725 Rhododendron Avenue
$140,000

203 N Fork Road
$615,000

708 N Cherokee Avenue
$300,000

819 Rhododendron Avenue
$320,000

808 Rhododendron Avenue
$304,000

00000 Rhododendron Avenue
$125,000

752 Hiawassee Avenue
$450,000

705 Holly Avenue
$369,000

822 Azalea Avenue
$233,700

706 Laurel Avenue
$306,000

800 Laurel Avenue
$325,000

810 N Oconeechee Avenue
$216,000

830 Hiawassee Avenue
$265,000

830 Laurel Avenue
$204,000

752 Hiawassee Avenue
$372,000

716 9th Street
$315,000

803 Rhododendron Avenue
$279,000

708 Laurel Avenue
$245,000

727 Azalea Avenue
$250,000
Market Statistics
The Lakewood real estate market shows buyer's market conditions. Homes typically sell within 64 days. With 2 active listings and 4 homes sold in the past year, Buyers have more negotiating power and time to decide.
Pricing
Median Price:$571,000
Average Price:$571,000
Property Details
Avg Bedrooms:2.8
Avg Bathrooms:1.6
Avg Lot Size:0.25 acres
Market Activity
Active Listings:2
Sold Last Year:4
Median Days to Sell:64 days
Community Info
Median Year Built:1964
New Construction:0%
Recently Off Market Properties
2 propertiesLooking for similar properties?
These properties are no longer available, but we can help you find similar homes in Lakewood. Our agents have access to upcoming listings and can notify you when new properties become available.















