— Community Guide
Lakewood Estates
St. Petersburg, FL
“The quiet southwest St. Pete neighborhood built around the St. Petersburg Country Club -- winding Spanish-named streets, triangular green medians, and 1950s-70s ranch homes within 10 miles of the beach and 30 minutes of Tampa.”
Golf-anchored residential · SW St. Pete · ranch + Mediterranean mix
What locals love
- St. Petersburg Country Club -- 18-hole championship golf course, pool, and tennis at the neighborhood's center
- Pink Streets (Pinellas Point) -- the famous rose-tinted 1920s concrete streets are a Lakewood Estates sub-neighborhood
- Maximo Marina and O'Neill's Marina -- boat ramp and storage access 5 minutes away for Tampa Bay water access
- Eckerd College adjacency -- liberal arts campus on Frenchman's Creek bordering the south end of the neighborhood
- Voluntary civic association (not a mandatory HOA) with $0-$20 annual dues
A brief history
The area that became Lakewood Estates was heavily wooded wetland owned by Gross and Kreamer in 1902. During the 1920s Florida boom, developer Charles R. Hall established a golf course integrated with a planned residential community -- a common strategy to sell lots around recreational amenity. The first golf tournament was held in 1927, beginning what became the nation's longest-running amateur golf tournament. Streets were paved and sewers completed in the mid-1960s. In that same era the neighborhood became nationally recognized as a model for successful racial integration, an unusual distinction for a Florida community at the time. The country club was gutted by fire in October 1970, rebuilt with a pool and tennis courts, and renamed from Lakewood Country Club to the St. Petersburg Country Club in 2000.
The housing mix
The dominant stock is 1950s-70s ranch-style homes -- three bedrooms, two baths, roughly 1,200-2,000 square feet on standard suburban lots. Some Mediterranean Revival and cottage-style homes remain from the 1920s-40s boom era, and scattered new construction near the country club pushes the range higher. Prices run from the low $200Ks for smaller distressed properties to $1.7M for larger renovated homes or those with golf-course or waterfront adjacency. The typical move-in-ready ranch lands between $400K and $600K.
Who lives here
Lakewood Estates draws buyers who prioritize quiet residential character and price value over walkability or proximity to downtown. Retirees and semi-retired couples are drawn by the golf club membership option and single-story ranch floor plans. Families in the price range from the Tampa suburbs appreciate the I-275 corridor. Long-time St. Pete residents choose it for the voluntary HOA, low civic association dues, and a neighborhood that has genuinely retained its character since the 1960s without heavy gentrification pressure. The Pink Streets sub-neighborhood attracts buyers specifically for the street identifier and the elevation advantage (many Pinellas Point lots fall in FEMA Zone X).
Landmarks & things to do
- St. Petersburg Country Club -- private 18-hole championship golf course, pool, and tennis at the heart of the neighborhood
- Pink Streets (Pinellas Point) -- 4.5 miles of rose-tinted 1920s concrete streets; the defining visual marker of SW St. Pete
- Maximo Marina and public boat ramp -- Tampa Bay water access, Freedom Boat Club, and marina dining
- Bay Vista Park -- waterfront park with Sunshine Skyway Bridge views, 5 minutes south
- Pinellas Point Temple Mound -- Tocobaga Indian historical landmark within the sub-neighborhood
- Eckerd College waterfront campus -- Frenchman's Creek nature preserve and waterfront kayaking access
- Sunshine Skyway Bridge -- 10 minutes south for beach access to Anna Maria Island and the Manatee County coast
- Downtown St. Petersburg -- 15 minutes north for the Vinoy, Salvador Dali Museum, and Beach Drive dining
Schools in the area
Detailed school zone + rating pages are rolling out progressively. Ask Ben about school-zoned home searches in Lakewood Estates — he'll pull the exact attendance map and closed-sale data for each feeder pattern.
Frequently asked about Lakewood Estates
What is Lakewood Estates known for in St. Petersburg?
Lakewood Estates is best known for two things: the St. Petersburg Country Club, an 18-hole golf course that anchors the neighborhood and has hosted the city's longest-running amateur tournament since 1927; and the Pink Streets sub-neighborhood (Pinellas Point), where approximately 4.5 miles of rose-tinted 1920s concrete streets give the area a distinctive identifier. It is a primarily residential, single-family neighborhood with voluntary (not mandatory) HOA governance.
Is Lakewood Estates in a flood zone?
It varies significantly by location within the neighborhood. The interior streets -- away from Tampa Bay and the canal areas -- frequently fall in FEMA Zone X (minimal flood risk), meaning flood insurance is not required by lenders. The Pinellas Point (Pink Streets) sub-area includes some higher-elevation lots also in Zone X, but waterfront sections carry AE or VE designations. Always verify the FEMA flood zone for the specific property address at msc.fema.gov before making an offer -- individual parcels can vary and premiums differ substantially.
What schools serve Lakewood Estates?
Maximo Elementary is the zoned public elementary school (GreatSchools 5/10; the school is below state average on standardized assessments). Bay Point Middle and Lakewood High School (a magnet school with AP and Gifted & Talented programs) complete the public feeder pattern. Pinellas County Schools operates an extensive school-choice and magnet system -- families with school-quality priorities often pursue applications to magnet programs at Boca Ciega, St. Petersburg High, or other specialty options through the county lottery. Confirm your specific address zone at pcsb.org before purchasing.
What is the Lakewood Estates real estate market like in 2026?
The market is active but not frenzied. Approximately 61 homes sold in the 12 months ending April 2026, at an average selling price of around $510,000 with an average days-on-market of 62. The list-to-sale ratio runs about 97%, meaning sellers achieve near asking. Price range is wide -- from distressed properties in the low $200Ks to larger renovated homes at $1.7M. The middle of the market (3BR/2BA ranch, 1,400-1,800 sq ft, updated) moves in 30-60 days at $400K-$600K.
How does Lakewood Estates compare to Pink Streets or Tropical Shores?
Pink Streets is a sub-neighborhood within Lakewood Estates (specifically the Pinellas Point section), not a separate community -- buying a home in Pink Streets means you are in Lakewood Estates. Tropical Shores is a separate waterfront neighborhood about two miles northeast, with direct bay frontage and canal dock access; it tends to run higher on price and flood risk but offers private dockage that Lakewood Estates interior streets don't have. Lakewood Estates offers a larger inventory, the golf club anchor, and generally more modest price entry.
Nearby
Other communities you might like
Allendale Terrace
St. Petersburg
Cobblestone brick streets, estate-scale lots, and 1920s Mediterranean and Tudor homes on high ground north of Crescent Lake.
Coquina Key
St. Petersburg
A man-made island 3 miles south of downtown St. Pete — canals, private boat docks, and Tampa Bay access at prices that still make waterfront living attainable.
Crescent Lake
St. Petersburg
A historic neighborhood ringing a 54-acre park lake less than a mile from downtown -- where Babe Ruth took spring training, and Craftsman porches still face tree-lined streets out of the flood zone.
Thinking about a home in Lakewood Estates?
Tell me what you're looking for and I'll send a tailored list with context on each one — schools, flood zones, market timing, the stuff that matters.