Surrounded by the neighborhoods of Homeland and Cedarcroft, Lake-Evesham boasts a diverse group of homes and residents. A few original owners, and a number of their descendants, still live in their homes. Senior citizens live next door to young couples and middle-aged singles. Families with children of all ages reside here, and a recent baby boom has swept the neighborhood. Houses range from $80's for a small, unimproved house up to $150,000 for a larger, updated house.

Housing styles include late-era Victorians, cottages and cape cods that span 30+ years of building in the first part of the 20th Century. A few of the larger houses include one or two rental units. Unique Kenneth Square boasts large stone townhouses, and there is a development of contemporary townhouses built in the late 1980's at the corner of York Road and Northern Parkway. There are also 2 small apartment complexes within the neighborhood.

The neighborhood was originally a part of Midwood, the 1877 estate of Samuel Brady. In the 1890's, the property was divided. The largest parcel, called Chestnut Park, was owned by John Phillips. This is the land that makes up Lake-Evesham today.

The first houses were built in the first decade of the 20th century. Many of the frame cottages were built in the housing boom following World War I. By the late 1930's, all of the present streets were in place, and most lots were improved.