Property Attributes
- ID#2577615
- TypeSingle Family
- CountyPIERCE
- CityLakewood
- AreaLakewood
- NeighborhoodLakewood
- Zip98498
- StyleTraditional
- Year Built1978
- Taxes$ 5156
- Price$ 520,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage2974
- Lot Size0.2204 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Create Your Dream Home by American Lake! A blank canvas in a prime location, this spacious 5-bedroom, 3.5-bath home offers 3,262 sq ft of opportunity just steps from American Lake Park and the boat launch. Largely original and ready for your vision, this property is an exciting chance to transform a well-sized home into something truly special in one of Lakewood’s sought-after lake areas. The main level offers generous living spaces and room to reimagine the layout, finishes and functionality to fit your lifestyle. The large .22-acre lot provides space for outdoor living, gardening, entertaining and more. Best of all, there’s no HOA, giving you greater flexibility to make the property your own. The basement adds exceptional versatility with a potential multifamily or ADU-style setup featuring 1 bedroom, living room, full bathroom, full kitchen and washer/dryer connections, plus additional unfinished space offering even more potential. Whether you envision multigenerational living, guest accommodations, rental income or a private retreat, the possibilities are worth exploring. Enjoy easy access to American Lake Park, the boat launch, recreation, shopping and JBLM. Bring your contractor and determine the possibilities! Sold As Is, May Need A Rehab Loan For Conventional Financing, Offer Review 9/14/26 @ 9am.
| Elementary School | Middle School | High School |
|---|---|---|
| Buyer To Verify Elementary School | Buyer To Verify Middle School | Buyer To Verify High School |
| Price History | |
|---|---|
| 9/4/2026 | Listed $520,000 |
General Features
| Living Area | 2974 |
|---|---|
| Sewer | Sewer Connected |
| Heating | Forced Air |
| Cooling | None |
| Possession | Closing |
| Roof | Composition |
| Appliances | Dishwasher,Refrigerator |
| Architectural Style | Traditional |
| Security Features | Partially Fenced |
| Year Built | 1978 |
| View | Territorial |
| Topography | Level |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| County | Pierce |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | Yes |
| Subdivision Name | Lakewood |
| Facing Direction | West |
| Garage Y/N | Yes |
| Full Baths | 3 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | From I5,take the Gravelly Lake Dr SW Exit #124,at the second roundabout,follow Veterans Dr SW,follow to the roundabout,and take Vernon Road,first home on the left. |
| High School | Buyer To Verify |
| City | Lakewood |
| Entry Location | Main |
| Senior Community Y/N | No |
| High School District | Lakewood |
| MLS Area | 36 - Lakewood |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 9600 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,Rehab Loan |
| Elementary School | Buyer To Verify |
| Land Lease Y/N | No |
| Tax Annual Amount | 5156 |
| Middle/Junior High School | Buyer To Verify |
| Property Condition | Fixer |
| Public Remarks | Create Your Dream Home by American Lake! A blank canvas in a prime location,this spacious 5-bedroom,3.5-bath home offers 3,262 sq ft of opportunity just steps from American Lake Park and the boat lau |
| Virtual Tour | https://my.matterport.com/show/?m=pDov6sofU1V&mls=1 |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Lakewood Water District |
| Property Style | 18 - 2 Stories w/Bsmnt |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Second Kitchen,Bath Off Primary,Dining Room,Fireplace,Water Heater |
|---|---|
| Basement | Partially Finished |
| Flooring | Vinyl,Carpet |
| Total Fireplaces | 2 |
| Fireplace Features | Wood Burning |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Half Baths | 1 |
| Total Bedrooms | 5 |
| Total Baths | 4 |
| Water Heater Type | Electric |
| Water Heater Location | Basement |
| Fireplaces Main | 1 |
| Fireplaces Lower | 1 |
| Power Production Type | Electric,Wood |
| Bedrooms Lower | 1 |
| Bedrooms Upper | 4 |
| Baths Half Main | 1 |
| Baths Full Upper | 2 |
| Baths Full Lower | 1 |
| Bathrooms | 3.5 |
Exterior Features
| Exterior Amenities | Wood,Wood Products |
|---|---|
| Parking Features | Attached Garage,RV Parking |
| Lot Features | Adjacent to Public Land,Corner Lot,Curbs,Dead End Street,Drought Resistant Landscape,Paved,Sidewalk |
| Water Source | Public |
| Total Parking | 2 |
| Inclusions | Dishwasher(s),Leased Equipment,Refrigerator(s) |
| Foundation Details | Poured Concrete |
| Building Area Total | 3262 |
| Lot Size Acres | 0.2204 |
| Waterfront Y/N | No |
| Covered Spaces | 2 |
| Irrigation Water Rights Y/N | No |
| Site Features | Deck,Fenced-Partially,RV Parking |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98498
In The Neighborhood
Seattle
$ 1,750,000
- Type
- Single Family | Active
- Size
- 3,850 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Listed by: Windermere R E Mount Baker
Lakewood
$ 510,000
- Type
- Single Family | Active
- Size
- 1,404 SqFt
- Rooms
- 3 Beds + 1 Baths
Listed by: eXp Realty
Lakewood
$ 549,999
- Type
- Single Family | Active
- Size
- 1,288 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Keller Williams West Sound
Lakewood
$ 595,000
- Type
- Single Family | Active
- Size
- 1,792 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: Keller Williams Rty Tacoma
Lakewood
$ 565,000
- Type
- Single Family | Active
- Size
- 1,748 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: RE/MAX Exclusive
Lakewood
$ 560,000
- Type
- Single Family | Active
- Size
- 2,091 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Listed by: Keller Williams Realty PS
Lakewood
$ 725,000
- Type
- Single Family | Active
- Size
- 3,054 SqFt
- Rooms
- 5 Beds + 3.5 Baths
Listed by: Best Choice Realty LLC
Lakewood
$ 749,999
- Type
- Single Family | Active
- Size
- 2,327 SqFt
- Rooms
- 4 Beds + 3 Baths
Listed by: Keller Williams South Sound
Lakewood
$ 599,950
- Type
- Single Family | Active
- Size
- 1,576 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Keller Williams Realty PS
Arlington
$ 800,000
- Type
- Single Family | Active
- Size
- 1,862 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: John L. Scott Arlington
Lakewood
$ 599,950
- Type
- Single Family | Active
- Size
- 1,576 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Keller Williams Realty PS
Lakewood
$ 509,900
- Type
- Single Family | Active
- Size
- 1,270 SqFt
- Rooms
- 2 Beds + 2 Baths
Listed by: COMPASS
Lakewood
$ 285,000
- Type
- Single Family | Active
- Size
- 1,032 SqFt
- Rooms
- 2 Beds + 1.5 Baths
Listed by: John L. Scott, Inc.