Lakeshore Estates is another NW Tallahassee neighborhood that is barely over the dividing line between East and West Tallahassee.
Just as we saw in yesterday’s report on Pine Tip Hills, centrally located NW neighborhoods are getting missed by many buyers who are focusing purely on NE Tallahassee.
I believe this is a mistake.
Loaded with 3 and 4 bedroom homes, most of these single family detached homes were built from the 1960s through the early 2000s. This means you’re looking at a lot of house for the money.
As you will see in our report below, this neighborhood was hot in 2015 and will likely continue to be highly active again this year.
In this report, we will look at average home price trends, average home value trends, and average home sizes in Lakeshore Estates, as well as show current listings in the Tallahassee MLS and all closed home sales going back to 1991.
For all of the graphs in this report, you will find the number of closed home sales for each year (red columns, measured on the left vertical axis), and an important real estate statistic shown in blue (measured on the right vertical axis).
It is important to note that the narrative contained below is for sales through December for all previous years, but through the first week of February in 2016. The graphs and the closed sales table will be continuously updated into the future (meaning bookmark this page if you always want to know the current status of homes in the Lakeshore Estates).
Lakeshore Estates Home Prices
Average home prices rose 9% in 2015 for the second year in a row after hitting market bottom in 2013, which means that buyers are willing to spend the money to live in this popular NW (almost NE) Tallahassee location. Last year’s average home price in Lakeshore Estates was $161,500, while this year we see them plunging. Don’t let that fool you though, one sales was through HUD while the other was a VA sale. Expect arms length sellers to hold on for higher prices.
Average Home Price
Average Home Price
Home sales activity in 2015 was the best we had seen since 2006. There were 31 closed home sales in Lakeshore Estates, which equates to a “normal” year when looking back over the past 25 years.
Lakeshore Estates Home Values
Average home values grew modestly in 2015 over 2014, which means that homeowners have enjoyed appreciation in Lakeshore Estates for the past two years.
Average Home Value
Average Home Value
In 2015, the average value of a home sold in Lakeshore Estates was $95 per square foot. This is 2% higher than what was recorded in 2014, and still 25% below the values recorded at the peak of the market in 2008.
Where is the Tallahassee market headed?
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Lakeshore Estates Home Sizes
The average home size sold in Lakeshore Estates typically falls in a range of 1,500 to 1,800 square feet, and 2015 homebuyers were selecting homes near the center of this range. The 31 home sales in 2015 have averaged 1,685 square feet. The two sold through the writing of this report in February 2016 have averaged just over 1,800 square feet.
Average Home Size
Average Home Size
Homes For Sale In Lakeshore Estates
The following list of homes are the most recent listings in Lakeshore Estates.
Lakeshore Estates
Lakeshore Estates Home Sales
The following list shows home sales in Lakeshore Estates going back to 1991.
Home Sales in Lakeshore Estates
| Address | Price | Price / SQF | Closing Date | Year Built | SQF | Sale Type |
|---|---|---|---|---|---|---|
| 3420 Monitor Ln | $350,000 | $226 | 2026-09-25 | 1980 | 1,546 | Resale |
| 209 Ridgeland Rd | $535,900 | $175 | 2026-08-26 | 1972 | 3,069 | Resale |
| 3355 Argonaut Dr | $240,000 | $197 | 2026-07-24 | 1999 | 1,221 | Resale |
| 265 Timberlane Rd | $357,000 | $189 | 2026-07-21 | 1981 | 1,885 | Resale |
| 299 Hawkbill Ct | $329,000 | $168 | 2026-05-29 | 1989 | 1,955 | Resale |
| 3363 Argonaut Dr | $189,000 | $154 | 2026-05-20 | 2001 | 1,224 | Resale |
| 237 Sturgeon Dr | $355,000 | $190 | 2026-05-06 | 1991 | 1,873 | Resale |
| 108 Ridgeland Rd | $425,000 | $199 | 2026-04-23 | 1964 | 2,138 | Resale |
| 254 Sturgeon Dr | $300,000 | $140 | 2026-04-23 | 1990 | 2,148 | Resale |
| 3368 Argonaut Dr | $220,000 | $177 | 2026-04-22 | 2000 | 1,242 | Resale |
| 240 Intrepid Ct | $335,000 | $228 | 2026-04-15 | 1978 | 1,472 | Resale |
| 3203 Brookforest Dr | $317,000 | $226 | 2026-03-30 | 1963 | 1,404 | Resale |
| 3361 Argonaut Dr | $175,000 | $143 | 2026-03-16 | 2001 | 1,224 | Resale |
| 240 Sturgeon Dr | $365,000 | $191 | 2026-03-09 | 1989 | 1,914 | Resale |
| 3210 Del Rio Ter | $369,900 | $196 | 2026-03-05 | 1963 | 1,888 | Resale |
| 3440 Monitor Ln | $350,000 | $219 | 2026-02-20 | 1982 | 1,599 | Resale |
| 295 Hawkbill Ct | $322,500 | $194 | 2026-02-18 | 1986 | 1,665 | Resale |
| 3404 Argonaut Ct | $300,000 | $220 | 2026-02-18 | 1981 | 1,362 | Resale |
| 3216 Coral Sea Ct | $315,900 | $230 | 2026-02-02 | 1976 | 1,371 | Resale |
| 3206 Brookforest Dr | $385,000 | $154 | 2026-01-27 | 1970 | 2,501 | Resale |
| 3201 Nautilus Cir | $330,000 | $245 | 2026-01-14 | 1977 | 1,346 | Resale |
| 237 Sturgeon Dr | $360,000 | $192 | 2025-11-25 | 1991 | 1,873 | Resale |
| 3326 Argonaut Dr | $205,000 | $166 | 2025-09-23 | 2002 | 1,236 | Resale |
| 3208 Del Rio Ter | $176,000 | $135 | 2025-08-27 | 1962 | 1,307 | Resale |
| 296 Timberlane Rd | $345,000 | $219 | 2025-08-12 | 1990 | 1,575 | Resale |
| 3217 Del Rio Ter | $350,000 | $174 | 2025-08-08 | 1976 | 2,008 | Resale |
| 246 Intrepid Ct | $419,900 | $242 | 2025-07-18 | 1979 | 1,736 | Resale |
| 252 Seawolf Ct | $314,900 | $183 | 2025-06-02 | 1991 | 1,723 | Resale |
| 320 Skate Dr | $350,000 | $209 | 2025-05-15 | 1980 | 1,674 | Resale |
| 3423 Thresher Dr | $330,000 | $207 | 2025-05-01 | 1979 | 1,593 | Resale |
| 296 Skate Dr | $325,000 | $191 | 2025-04-08 | 1982 | 1,705 | Resale |
| 3209 Seawolf Dr | $340,000 | $185 | 2025-04-03 | 1990 | 1,836 | Resale |
| 296 Astro Ct | $375,000 | $197 | 2025-03-28 | 1987 | 1,900 | Resale |
| 346 Skate Dr | $338,000 | $218 | 2025-03-03 | 1981 | 1,553 | Resale |
| 3215 Del Rio Ter | $289,000 | $169 | 2025-02-07 | 1962 | 1,712 | Resale |
| 3226 Yorktown Dr | $291,800 | $198 | 2024-12-09 | 1977 | 1,474 | Resale |
| 3430 John Hancock Dr | $420,000 | $202 | 2024-11-22 | 1984 | 2,075 | Resale |
| 302 Hawkbill Ct | $349,000 | $172 | 2024-10-30 | 1985 | 2,030 | Resale |
| 3367 Argonaut Dr | $210,000 | $172 | 2024-10-22 | 2002 | 1,224 | Resale |
| 3236 Yorktown Dr | $228,400 | $149 | 2024-10-17 | 1977 | 1,528 | Resale |
| 245 Dolphin Ct | $275,000 | $178 | 2024-10-17 | 1978 | 1,543 | Resale |
| 3541 Lakeshore Dr | $615,000 | $250 | 2024-09-30 | 1968 | 2,463 | Resale |
| 296 Astro Ct | $369,900 | $195 | 2024-09-30 | 1987 | 1,900 | Resale |
| 253 Timberlane Rd | $295,000 | $185 | 2024-09-13 | 1981 | 1,597 | Resale |
| 3549 Lakeshore Dr | $518,000 | $171 | 2024-08-15 | 1990 | 3,034 | Resale |
| 303 Skate Dr | $337,500 | $211 | 2024-07-31 | 1981 | 1,597 | Resale |
| 292 Timberlane Rd | $350,000 | $176 | 2024-07-24 | 1988 | 1,988 | Resale |
| 304 Lexington Rd | $299,000 | $217 | 2024-06-28 | 1975 | 1,376 | Resale |
| 233 Sturgeon Dr | $300,000 | $199 | 2024-06-17 | 1989 | 1,509 | Resale |
| 3322 Argonaut Dr | $215,500 | $176 | 2024-06-11 | 2002 | 1,224 | Resale |
| 3407 John Hancock Dr | $295,000 | $184 | 2024-05-17 | 1987 | 1,601 | Resale |
| 257 Timberlane Rd | $372,500 | $223 | 2024-05-16 | 1981 | 1,670 | Resale |
| 115 Ridgeland Rd | $345,000 | $151 | 2024-05-03 | 1965 | 2,278 | Resale |
| 3214 Del Rio Ter | $390,000 | $188 | 2024-04-19 | 1962 | 2,069 | Resale |
| 3216 Coral Sea Ct | $296,000 | $216 | 2024-04-11 | 1976 | 1,371 | Resale |
| 263 Seawolf Ct | $320,000 | $166 | 2024-04-02 | 1990 | 1,925 | Resale |
| 3420 Monitor Ln | $330,000 | $213 | 2024-02-16 | 1980 | 1,546 | Resale |
| 3434 Merrimac Dr | $339,000 | $187 | 2023-12-22 | 1978 | 1,817 | Resale |
| 3236 Springdale Dr | $380,000 | $186 | 2023-12-07 | 1977 | 2,046 | Resale |
| 257 Timberlane Rd | $215,000 | $129 | 2023-11-08 | 1981 | 1,670 | Resale |
| 240 Intrepid Ct | $330,000 | $224 | 2023-10-20 | 1978 | 1,472 | Resale |
| 3217 Brookforest Dr | $300,000 | $211 | 2023-08-29 | 1962 | 1,424 | Resale |
| 3209 Del Rio Ter | $565,000 | $194 | 2023-06-30 | 1961 | 2,919 | Resale |
| 3201 Triton Cir | $295,000 | $182 | 2023-06-23 | 1977 | 1,623 | Resale |
| 315 Skate Dr | $330,000 | $181 | 2023-04-26 | 1983 | 1,828 | Resale |
| 253 Sturgeon Dr | $326,000 | $207 | 2023-04-25 | 1991 | 1,572 | Resale |
| 287 Narwhal Ct | $331,000 | $189 | 2023-03-31 | 1990 | 1,755 | Resale |
| 3310 John Hancock Dr | $362,000 | $196 | 2023-03-23 | 1988 | 1,848 | Resale |
| 237 Sturgeon Dr | $355,000 | $190 | 2023-03-21 | 1991 | 1,873 | Resale |
| 245 Dolphin Ct | $239,000 | $155 | 2023-03-07 | 1978 | 1,543 | Resale |
| 306 Skate Dr | $256,000 | $163 | 2023-01-31 | 1979 | 1,570 | Resale |
| 292 Skate Dr | $275,000 | $163 | 2023-01-06 | 1980 | 1,685 | Resale |
| 3434 Merrimac Dr | $205,000 | $113 | 2022-11-23 | 1978 | 1,817 | Resale |
| 3431 John Hancock Dr | $282,000 | $181 | 2022-11-17 | 1985 | 1,558 | Resale |
| 3223 Constellation Ct | $299,000 | $134 | 2022-11-08 | 1974 | 2,227 | Resale |
| 3201 Nautilus Cir | $158,000 | $117 | 2022-11-04 | 1977 | 1,346 | Resale |
| 3211 Brookforest Dr | $275,000 | $182 | 2022-10-14 | 1964 | 1,507 | Resale |
| 3236 Springdale Dr | $190,000 | $93 | 2022-09-21 | 1977 | 2,046 | Resale |
| 225 Lexington Rd | $210,000 | $148 | 2022-09-19 | 1977 | 1,416 | Resale |
| 3360 Argonaut Dr | $196,000 | $158 | 2022-09-16 | 2000 | 1,242 | Resale |
| 316 Lexington Rd | $244,500 | $161 | 2022-09-09 | 1978 | 1,516 | Resale |
| 3222 Constellation Ct | $290,000 | $189 | 2022-08-22 | 1975 | 1,536 | Resale |
| 3210 Wyoming Ct | $369,500 | $184 | 2022-06-21 | 1976 | 2,008 | Resale |
| 106 Ridgeland Rd | $299,900 | $157 | 2022-06-07 | 1962 | 1,913 | Resale |
| 303 Skate Dr | $247,500 | $155 | 2022-06-01 | 1981 | 1,597 | Resale |
| 3213 Wyoming Ct | $230,000 | $140 | 2022-05-19 | 1976 | 1,638 | Resale |
| 247 Skate Dr | $265,000 | $176 | 2022-05-16 | 1979 | 1,508 | Resale |
| 3362 Argonaut Dr | $190,000 | $153 | 2022-05-09 | 2000 | 1,242 | Resale |
| 3326 John Hancock Dr | $360,000 | $187 | 2022-03-25 | 1992 | 1,922 | Resale |
| 3222 Constellation Ct | $204,000 | $133 | 2022-03-08 | 1975 | 1,536 | Resale |
| 326 Skate Dr | $238,000 | $167 | 2022-02-14 | 1982 | 1,424 | Resale |
| 275 Skate Dr | $294,900 | $183 | 2022-02-07 | 1979 | 1,608 | Resale |
| 3232 Yorktown Dr | $250,000 | $140 | 2022-01-28 | 1977 | 1,792 | Resale |
| 346 Skate Dr | $317,000 | $204 | 2022-01-19 | 1981 | 1,553 | Resale |
| 260 Timberlane Rd | $255,000 | $161 | 2022-01-12 | 1982 | 1,588 | Resale |
| 250 Intrepid Ct | $280,000 | $176 | 2021-12-28 | 1978 | 1,589 | Resale |
| 3236 Springdale Dr | $190,000 | $93 | 2021-12-16 | 1977 | 2,046 | Resale |
| 3208 Triton Cir | $289,000 | $126 | 2021-12-06 | 1978 | 2,288 | Resale |
| 3214 Brookforest Drive | $320,000 | $131 | 2021-11-30 | 1966 | 2,444 | Resale |
| 342 Skate Dr | $200,000 | $101 | 2021-11-29 | 1982 | 1,972 | Resale |
I hope you enjoyed our February 2016 update on home sales in Lakeshore Estates, please feel free to drop me a note if you have questions not covered in this report.
