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Lakeside Acres

East Flagstaff acreage in Continental Country Club, inside city limits. MLS data as of September 2026

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Lakeside Acres is a neighborhood of custom homes on lots of about two-thirds of an acre to three acres around the former Lake Elaine, inside the Continental Country Club community on Flagstaff's east side, plus the Lakepoint townhomes.

Highlights

Custom homes on acreageInside Continental Country ClubHorses allowed on some lotsLakepoint townhomesAbout 5 minutes to Walmart

Lakeside Acres, at a glance

City or county

Inside City of Flagstaff limits; City of Flagstaff Fire Department

Typical lot size

About 58,000 sq ft (1.3 acres) for custom homes sold; about 0.7 to 3.2 acres over three years

Water and sewer

City of Flagstaff water; sewer varies, and MLS listings show septic on some lots, mostly on Lake Country Road

HOA

Continental Country Club, about $550 to $841 a year on recent sales; the townhomes add their own HOA

Wildfire setting

Pines around the former Lake Elaine bed on the east side of the city

Build-out

Homes sold were built 1980 to 2000

Snow and plowing

Paved public streets with City road maintenance and snow removal, per listings

Homes sold, last 3 years

23 (17 single-family, 6 townhomes); 8 in the last 12 months

Short-term rentals: city license

City of Flagstaff rules, plus Continental Country Club rules

Lakeside Acres is inside city limits, so the City of Flagstaff's short-term rental license applies: $250 a year, an Arizona TPT license, notice to adjacent, across-the-street, and diagonal neighbors with a 24-hour emergency contact, $500,000 in liability insurance, a sex-offender registry check before each stay, required equipment, and hotel-rate sales and BBB taxes. ADUs that received a Certificate of Occupancy after September 14, 2024 require the owner to live on the property. Continental Country Club adds its own layer: it requires tenants to be registered, lists improper rental use and advertising as violations, and amended its single-family rules in February 2026. A local brokerage reported in 2022 that short-term rentals were again permitted after court rulings, so the club's current rules come first if rental income is part of the plan.

Getting around

Country Club Drive and Route 66 to the rest of town

From Green Mountain Drive, Walmart on Huntington Drive is about 5 minutes away; Sam's Club about 7; Whole Foods about 8; Safeway on Highway 89 about 9; Bashas' on Humphreys Street, Sprouts, Natural Grocers, and Target about 10. Downtown is about 4.3 miles, Flagstaff Medical Center about 4.6, NAU about 5.5, and Pulliam Airport about 8.5.


Lakeside Acres surrounds the former Lake Elaine inside Continental Country Club, on Flagstaff's east side. The man-made lake, built in the 1970s, stopped holding water, and its costs were central to the club's 2021 bankruptcy, according to the Arizona Daily Sun. In 2022 members approved a special assessment and a dues increase, with the lake to be either deeded to the lakefront owners or turned into a preserve of ponds and walking trails. Streets include Lakepoint Way, Green Mountain Drive, Lake Hills Drive, Skyview Street, and Lake Country Road.

Lakeside Acres buyers are usually after land and a custom home without leaving city limits. We look at the lot's sewer or septic, what the club's rules allow, and the lake bed's status before we talk price.

Because fewer than ten homes sold here in the last twelve months, these figures cover the last three years. The MLS shows 23 closings, 8 of them in the last twelve months. The 17 single-family homes sold from $1,025,000 to $2,750,000, with a median of $1,515,000 and the middle half between about $1,365,000 and $1,825,000; the typical one was about 3,750 square feet, built around 1991, on about 1.3 acres. Six townhomes, built 1985 to 1987, sold from $580,000 to $750,000, with a median of $668,500. Median days on market was 64.

Continental Country Club runs the Bear Paw Recreation Center, with a heated outdoor pool in season, a hot tub, and a snack bar, and its golf course and The Oakmont restaurant, in the clubhouse, are open to the public. MLS listings flag some larger lots on Skyview Street and Lake Hills Drive as allowing horses, and a local brokerage says horses are allowed in Lakeside Acres. Whether the lake-bed preserve planned in 2022 has been built could not be confirmed from public sources in September 2026.

Questions buyers ask us most about Lakeside Acres

What happened to Lake Elaine?

The lake, built in the 1970s, stopped holding water, and its costs were central to Continental Country Club's 2021 bankruptcy, according to the Arizona Daily Sun. In 2022 members approved funding to either deed the lake to the lakefront owners or build a preserve of ponds and walking trails. Whether that preserve has been built could not be confirmed from public sources in September 2026.

Are homes in Lakeside Acres on septic?

Are horses allowed in Lakeside Acres?

What do homes in Lakeside Acres cost?

Terrain & Access

The neighborhood, mapped

Lakeside Acres surrounds the former Lake Elaine inside Continental Country Club, on Flagstaff's east side.

In the Area

What's changing around Lakeside Acres

2026HOA

Club rules amended

Continental Country Club amended its rules for single-family homes and its violation fine schedule on February 24, 2026, and posted a new design review form and 2026 membership policies on its site.

continentalflagstaff.com
2026Wildfire

Prescribed burn on Campbell Mesa

The Coconino National Forest planned a 2,800-acre prescribed burn on Campbell Mesa, east of Flagstaff and south of I-40, for late March 2026, and noted the Country Club community could see smoke.

fs.usda.gov
2024HOA

Club dues increase

Continental Country Club's 2022 plan to exit bankruptcy included a $97-a-year dues increase set to begin in January 2024, along with a $2,000 special assessment.

continentalflagstaff.com

Neighborhood

Areas within Lakeside Acres

Lakeside Acres

Custom homes on acreage around the former lake, on streets such as Green Mountain Drive, Lake Hills Drive, Skyview Street, and Lake Country Road.

Continental Lakeside Acres

A subdivision name on several recent single-family sales.

Lakepoint Townhouses

Townhomes built in the mid-1980s, with their own HOA on top of club dues.

Recent Sales in Lakeside Acres

1033 N Lakepoint Way,  Flagstaff,  AZ 86004
Townhouse

$750,000

$30K

1033 N Lakepoint Way, Flagstaff, AZ 86004

  • 3 Beds
  • 2.5 Baths
  • 1,772 SqFt

Listing Provided By West USA Realty

4801 E Green Mountain Drive,  Flagstaff,  AZ 86004
Single Family Home

$1,025,000

4801 E Green Mountain Drive, Flagstaff, AZ 86004

  • 3 Beds
  • 2 Baths
  • 2,489 SqFt

Listing Provided By eXp Realty

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Currently Available in Lakeside Acres

Image
Address
Sold Price
Sold Date
Configuration
Property Type
1033 N Lakepoint Way,  Flagstaff,  AZ 86004
48
$750,000
$30K
3 beds
2.5 baths
1,772 SqFt
Townhouse
4801 E Green Mountain Drive,  Flagstaff,  AZ 86004
41
$1,025,000
3 beds
2 baths
2,489 SqFt
Single Family Home
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What makes this neighborhood unique

Lakeside Acres offers custom homes on lots of about an acre or more inside city limits, with Continental Country Club's amenities nearby and some lots that allow horses. The plan starts with the lot: sewer or septic, what the club and the plat allow, and the status of the former lake next door.

Ready to look closer at Lakeside Acres?

A private consultation: acreage comps across three years, a due-diligence plan for sewer or septic, and a close read of the club's rules and the lake-bed plans.

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