RARE WATERFRONT LIVING IN LAKEWOOD! Highly upgraded and beautifully appointed, this exceptional 5-bedroom, 3-bath home offers one of the most desirable settings in Lakewood. Waterfront homes in this community rarely come available, making this an opportunity you won't want to miss.
From the moment you enter, you'll appreciate the extensive upgrades throughout the home. The interior features new flooring, new lighting throughout, an updated kitchen with new countertops, backsplash, and appliances, a convenient pantry, and beautifully remodeled bathrooms. The spacious open floor plan with vaulted ceilings provides an ideal setting for both everyday family living and entertaining. The primary suite is a private retreat, featuring a generous walk-in closet and an updated bathroom with dual sinks and a walk-in shower. With five bedrooms and three bathrooms, there's plenty of space for family, guests, a home office, or flexible living arrangements.
The outdoor living experience is truly exceptional. Step into your backyard and enjoy an unobstructed waterfront setting, where you can watch the sun set over the lake from the comfort of your own backyard. The infinity-edge pool creates a resort-like atmosphere, while the newly installed pavers and private putting green make the backyard perfect for entertaining and enjoying Arizona's beautiful weather. The house is within viewing distance of the neighborhood lake fountain which is on for 15 hours, creating a relaxing atmosphere. The community even does a boat parade for the Holidays.
For another incredible vantage point, head upstairs to the rooftop patio, where you can relax and watch the sunset over the lake from above. New turf in both the front and back yards provides a beautifully finished, low-maintenance landscape.
Additional highlights include solar panels to help reduce electric costs, and a 3-car garage.
Located in the desirable Lakewood community, this home offers a welcoming, family-friendly neighborhood atmosphere with access to great schools in the Kyrene School District, parks, shopping, dining, and everyday conveniences.
Highly upgraded. Waterfront. Infinity-edge pool. Rooftop patio. Unobstructed lake sunsets. Homes offering this combination of features and setting rarely come available in Lakewood. This is more than a home - it's a place to enjoy breathtaking sunsets, entertain friends and family, and experience the best of Arizona waterfront living.
For sale
$1,350,000
15856 S 38TH Street, Phoenix, AZ 85048
5beds
3,307sqft
Single Family Residence
Built in 1992
8,324 Square Feet Lot
$-- Zestimate®
$408/sqft
$33/mo HOA
What's special
Newly installed paversUpdated kitchenSpacious open floor planUnobstructed waterfront settingSolar panelsInfinity-edge poolLow-maintenance landscape
- 7 days
- 929
- 55
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
James Albera 602-754-6448,
LPT Realty, LLC
Source: ARMLS,MLS#: 7085685

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dryer, Water Softener Owned, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Cooktop, Water Purifier
- Laundry: Inside
Features
- High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Roller Shields, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Flooring: Vinyl, Tile
- Windows: Solar Screens, Double Pane Windows
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Family Room
Interior area
- Total structure area: 3,307
- Total interior livable area: 3,307 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage Door Opener, Direct Access
- Garage spaces: 3
- Uncovered spaces: 3
Features
- Stories: 2
- Patio & porch: Covered, Patio
- Exterior features: Balcony, Misting System
- Has private pool: Yes
- Pool features: Outdoor Pool
- Spa features: None
- Fencing: Block,Wrought Iron
- Has view: Yes
- View description: Lake, Mountain(s)
- Has water view: Yes
- Water view: Lake
- Waterfront features: Waterfront
Lot
- Size: 8,324 Square Feet
- Features: East/West Exposure, Waterfront, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back, Irrigation Front, Irrigation Back
Details
- Parcel number: 30602747
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Santa Barbara/Tuscan
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted, Stone
- Roof: Tile
Condition
- Year built: 1992
Details
- Builder name: Pulte Homes
Utilities & green energy
- Sewer: Public Sewer
Green energy
- Energy efficient items: Solar Panels
Community & HOA
Community
- Features: Lake, Playground, Biking/Walking Path
- Subdivision: LAKEWOOD PARCEL 2 27 LOT 1-70 TR A-F
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds
- HOA fee: $200 semi-annually
- HOA name: Lakewood Community
- HOA phone: 602-957-9191
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $408/sqft
- Tax assessed value: $769,500
- Annual tax amount: $4,472
- Date on market: 10/1/2026
- Cumulative days on market: 8 days
- Listing terms: VA Loan,Cash,Conventional,FHA
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2026 | Listed for sale | $1,350,000+18.5%$408/sqft |
Source: | ||
| 12/15/2023 | Listing removed | $1,139,000$344/sqft |
Source: | ||
| 8/16/2023 | Price change | $1,139,000-2.6%$344/sqft |
Source: | ||
| 8/3/2023 | Listed for sale | $1,170,000+34.5%$354/sqft |
Source: | ||
| 4/27/2022 | Sold | $870,000-0.7%$263/sqft |
Source: | ||
| 1/24/2022 | Pending sale | $876,000$265/sqft |
Source: | ||
| 1/12/2022 | Price change | $876,000-1.1%$265/sqft |
Source: | ||
| 11/19/2021 | Listed for sale | $886,000+13.6%$268/sqft |
Source: | ||
| 1/19/2021 | Listing removed | -- |
Source: | ||
| 7/25/2020 | Price change | $780,000-2.4%$236/sqft |
Source: HUNT Real Estate ERA #6072741 Report a problem | ||
| 5/1/2020 | Listed for sale | $799,000$242/sqft |
Source: HUNT Real Estate ERA #6072741 Report a problem | ||
| 4/26/2020 | Listing removed | $3,500$1/sqft |
Source: HUNT Real Estate ERA #5999444 Report a problem | ||
| 11/1/2019 | Listed for rent | $3,500+12.9%$1/sqft |
Source: HUNT Real Estate ERA #5999444 Report a problem | ||
| 10/1/2018 | Listing removed | $3,100$1/sqft |
Source: West USA Realty #5803219 Report a problem | ||
| 8/22/2018 | Price change | $3,100+3.3%$1/sqft |
Source: West USA Realty #5803219 Report a problem | ||
| 8/7/2018 | Listed for rent | $3,000$1/sqft |
Source: West USA Realty #5803219 Report a problem | ||
| 5/12/2017 | Listing removed | $3,000$1/sqft |
Source: West USA Realty #5587962 Report a problem | ||
| 4/8/2017 | Listed for rent | $3,000+3.4%$1/sqft |
Source: West USA Realty #5587962 Report a problem | ||
| 4/2/2016 | Listing removed | $2,900$1/sqft |
Source: West USA Realty #5403076 Report a problem | ||
| 2/24/2016 | Listed for rent | $2,900$1/sqft |
Source: West USA Realty #5403076 Report a problem | ||
| 6/22/2015 | Listing removed | $2,900$1/sqft |
Source: West USA Realty #5259053 Report a problem | ||
| 4/2/2015 | Listed for rent | $2,900-3.3%$1/sqft |
Source: West USA Realty #5259053 Report a problem | ||
| 5/8/2014 | Listing removed | $3,000$1/sqft |
Source: West USA Realty #5056975 Report a problem | ||
| 1/21/2014 | Listed for rent | $3,000$1/sqft |
Source: West USA Realty #5056975 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,448 +3.2% | $76,950 -10.8% |
| 2024 | $4,310 -26.6% | $86,220 +46.7% |
| 2023 | $5,874 +4.4% | $58,788 -1.6% |
| 2022 | $5,625 -9.8% | $59,720 +3.9% |
| 2021 | $6,237 +3.1% | $57,460 +4.7% |
| 2020 | $6,051 +3.2% | $54,860 +4.1% |
| 2019 | $5,864 | $52,680 +7.4% |
| 2018 | $5,864 +4.4% | $49,060 +2.6% |
| 2017 | $5,618 +10.5% | $47,810 -2.2% |
| 2016 | $5,085 +2.1% | $48,880 +8.2% |
| 2015 | $4,982 | $45,170 +10.3% |
| 2014 | -- | $40,970 +18.9% |
| 2013 | -- | $34,450 0% |
| 2012 | -- | $34,460 -16.3% |
| 2011 | -- | $41,180 -15.9% |
| 2010 | -- | $48,950 -21% |
| 2009 | -- | $61,960 -11.2% |
| 2008 | -- | $69,750 +4.4% |
| 2007 | -- | $66,800 +107.5% |
| 2006 | -- | $32,200 |
| 2005 | -- | $32,200 -0.5% |
| 2004 | -- | $32,350 |
| 2003 | -- | $32,350 +24.2% |
| 2002 | -- | $26,050 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Ahwatukee Foothills
Nearby schools
Schools provided by the listing agent
- Elementary: Kyrene de los Lagos School
- Middle: Kyrene Akimel A-Al Middle School
- High: Desert Vista High School
- District: Kyrene Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.




