Lakewood Estates

Modern suburban neighborhood with community amenities, newer homes, and convenient access to shopping and commuter routes.

Lakewood Estates Location

Lakewood Estates is one of the Harrisonburg area’s premier neighborhoods — custom-built homes on large lots with views of Massanutten Mountain and the Blue Ridge, bordering Lakeview Golf Course. The 2025 median home price is $606,000 (up 23% year-over-year), with an average household income of $146,483 and large lots with mountain views.

What’s It Like to Live in Lakewood Estates?

Lakewood Estates feels like the country even though it’s technically within Harrisonburg city limits. Homes sit on half-acre-plus lots with views of Massanutten Mountain to the east and Blue Ridge Mountains to the west. The Lakeview Golf Course borders the neighborhood, and neighboring farmland adds to the open, rural atmosphere.

This is a car-dependent neighborhood — no sidewalks, no corner stores. But that’s the tradeoff people make for the space and privacy. A Walmart Neighborhood Market is 2 miles away, East Market Street’s retail corridor is 3 miles north, and I-81 is easily accessible for commuters.

Homes were custom-designed and built between 1985 and 2020, mostly in New Traditional and Colonial Revival styles. With a median of 3,293 square feet and 4 bed/4 bath layouts, these are substantial homes built by people who planned to stay. The neighborhood has its own community website (lakewoodsubdivision.com) and an active voluntary HOA.

Housing & Home Prices in Lakewood Estates

The 23% year-over-year price increase reflects growing demand for this type of property — large custom homes with land and views are increasingly rare in the Harrisonburg market. The longer days-on-market (~30 vs. ~7 for some other neighborhoods) is typical for this price point, not a sign of weakness.

What Makes Lakewood Estates Stand Out

• Spacious lots with mountain views — half-acre-plus homesites with views of Massanutten and the Blue Ridge
• Custom-built homes — 3,200+ sq ft median, built between 1985 and 2020 in New Traditional and Colonial Revival styles
• Golf course adjacency — Lakeview Golf Course borders the neighborhood
• Car-dependent layout — grocery and retail within a short drive, with the tradeoff of space and privacy
• Mountain and Valley access — easy reach to I-81, Massanutten Resort, and Shenandoah National Park

Schools Near Lakewood Estates

Lakewood Estates is outside Harrisonburg city limits and zoned for Rockingham County Public Schools:

• Elementary: Peak View Elementary School
• Middle: Montevideo Middle School
• High: Spotswood High School

Being in Rockingham County means lower property tax rates compared to Harrisonburg city. The neighborhood is zoned for Rockingham County schools.

Things to Do Near Lakewood Estates

• Lakeview Golf Course — Borders the neighborhood. Public course with mountain views
• Rockingham Park at the Crossroads — 2 miles northeast, sports fields and recreation
• Purcell Park — 4 miles northwest, one of Harrisonburg’s largest parks with trails and playgrounds
• Massanutten Resort — 10 miles northeast. Skiing, tubing, waterpark, golf, and year-round recreation
• Shenandoah National Park — 20 miles east. Hiking, camping, and Skyline Drive
• Downtown Harrisonburg — ~5 miles. Clementine Cafe, Magpie Diner, Pale Fire Brewing, and the full downtown restaurant and brewery scene
• East Market Street — 3 miles north. Grocery, retail, and chain restaurants

Lakewood Estates vs. Other Harrisonburg Neighborhoods

Lakewood and Fairway Hills are both golf course neighborhoods at a premium price point. Lakewood wins on views and lot size. Fairway Hills wins on convenience (closer to the mall, JMU, I-81) and wooded character. Belmont offers the strongest community feel at a lower price point but smaller homes.

Homes for Sale in Lakewood Estates

See what’s currently on the market in Lakewood Estates. These listings are updated directly from the MLS.