One of my most favorite neighborhoods in Chesapeake is the neighborhood of Forest Lakes. Forest Lakes is located between Waters Road and Washington Road and features a central circular drive (aptly named Forest Lakes Circle) and several offshoot avenues and cul-de-sacs. The street names in Forest Lakes evoke the name of every tree imaginable...Maple, Pecan, Spruce, Cherry and Walnut, to name a few. The homes were built starting around 1990 and there are a few new construction homes available on the Waters Road side of the development. Houses in Forest Lakes range from single story ranch homes to grand two story homes. Forest Lakes was once the site of Home-arama and some of the homes have extra pizazz that you do not always find in other developments. Although, at this time, some of those extra touches might appear to seem dated to the prospective buyer. Exteriors range from brick to vinyl, some have expansive front porches. Many of the homes that are on the interior of the main circle border a man-made lake which is a popular haven for all kinds of water fowl. The community also contains a park with playground equipment and a club house.
An amazing thing about Forest Lakes is that it is one neighborhood that has not been plagued by a spate of foreclosures or short sales, although there have been a few. For that reason, as well as the natural beauty and desirability of the neighborhood, Forest Lakes has maintained its value relatively well.
Five homes have been sold in the past three months (Period March 30 - June 30, 2010). Below you will find the sales statistics.
Address Sq Ft # BR #BA Sales Price Date Closed
721 Elm Forest Ct 3450 5 3.5 $449,900 6/8/2010
945 Forest Lakes Dr 3231 5 3 SALE PENDING
911 Forest Lakes Cir 3300 5 3 $455,000 6/14/2010
912 Forest Lakes Dr 2750 4 2.5 SALE PENDING
905 Forest Lakes Cir 3100 4 2.5 $431,000 6/16/2010
For additional information on homes in Forest Lakes and other Chesapeake Treasures, call Kathryn Maguire (Rose and Womble Realty) at 757-560-0881 or Kathryn@MyAgentKathryn.com.
Kathryn Maguire, MBA, GRI, ABR, ASP, SFR, e-PRO
REALTOR
(Cell) 757-560-0881
(Office) 757-436-3636
(Fax) 757-390-3775
mailto: kmaguire@roseandwomble.com
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Licensed in Virginia
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