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$1,350,000 Just Listed
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Property Description
RARE WATERFRONT LIVING IN LAKEWOOD! Highly upgraded and beautifully appointed, this exceptional 5-bedroom, 3-bath home offers more than 3,300 sq ft of living space and 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, a 3-car garage, and an 8,324 sq ft lot. 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.
Full Property Details
Full Property Details for 15856 S 38th St
General
- Price: $1,350,000
- HOA FEE: $33/month
- HOA FEE FREQ.: Semi-Annually
- Taxes: $4,472 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7085685
- Updated: 10/1/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, 9+ Flat Ceilings, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room
- Appliances: Dryer, Refrigerator, Built-in Microwave, Dishwasher, Disposal, Electric Cooktop
- Flooring: Vinyl, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: Inside, Wshr/Dry HookUp Only
Additional Information
- Pool: Yes
- Pool Description: Outdoor
Exterior
- Exterior Features: Balcony, Misting System
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Garage Door Opener, Direct Access
Location
- County: Maricopa
- Township: 1S
- Subdivision: LAKEWOOD PARCEL 2 27 LOT 1-70 TR A-F
- Cross Streets: Chandler Blvd & 38th St
Community
- Association: Yes
- Assoc. Name: Lakewood Community
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: Public
Structural Information
- Architectural Style: Santa Barbara/Tuscan,
- Builder: Pulte Homes
- Exterior Const.: Stucco, Wood Frame, Painted, Stone
- Roof: Tile
- Windows: Solar Screens, Dual Pane
- Year Built: 1992
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,324
- Lot Size Source: Assessor
- Lot Features: East/West Exposure, Waterfront Lot, Gravel/Stone Front, Gravel/Stone Back, Synthetic Grass Frnt, Synthetic Grass Back, Irrigation Front, Irrigation Back
Water Features
- Water Front: Yes
Green Features
- Energy Efficient: Solar Panels
Financial Considerations
- Association Fee: $200
- Assoc Fee Freq.: Semi-Annually
- Tax Amount: $4,472
- Tax Year: 2025
- Terms: VA Loan, Cash, Conventional, FHA
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 29 LAKEWOOD PARCEL 2 27 LOT 1-70 TR A-F MCR 034939
- Property ID: 306-02-747
- Range: 3E
- Section: 36
- Lot Number: 29
Listed by LPT Realty, LLC
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Schools
Schools serving 15856 S 38th St
School Districts:Kyrene Elementary District, Tempe Union High School District
| Name | Grades | Distance |
|---|---|---|
Kyrene de los Lagos School 17001 South 34th Way, Phoenix, AZ 85048 | PK-5 | 0.7 mi |
Kyrene Akimel A-al Middle School 2720 East Liberty Lane, Phoenix, AZ 85048 | 6-8 | 1.4 mi |
Desert Vista High School 16440 South 32nd Street, Phoenix, AZ 85048 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 15856 S 38th St
Date
Details
Price
Change
Source
10/01/2026
Listed
$1,350,000
55.17%
MLS
4/11/2022
Sold
$870,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 15856 S 38th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,472
3%
$79,970
4%
2024
$4,333
-27%
$76,950
-11%
2023
$5,903
5%
$86,220
13%
2022
$5,625
—
$76,020
27%
2022
$5,625
-12%
$59,720
4%
2021
$6,384
2%
$57,460
5%
2020
$6,237
3%
$54,860
4%
2019
$6,051
3%
$52,680
7%
2018
$5,864
4%
$49,060
3%
2017
$5,618
-1%
$47,810
-2%
2016
$5,665
11%
$48,880
8%
2015
$5,085
2%
$45,170
10%
2014
$4,982
32%
$40,970
19%
2013
$3,768
—
$34,450
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 15856 S 38th St
15856 S 38th Street, Phoenix, AZ 85048 (MLS# 7085685) is a Single Family property with 5 bedrooms and 3 full bathrooms. 15856 S 38th Street is currently listed for $1,350,000 and was received on October 01, 2026. Want to learn more about 15856 S 38th Street? Do you have questions about finding other Single Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

