Your Trusted Realtor at HomeJames-Seattle.com
Listed By:
John L. Scott, Inc. and NWMLS
Address
12703 Vernon Avenue Sw, Lakewood, WA
Price
$ 520,000
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

Price
AVG $740K
$520K
Taxes
AVG $5,710
$5,156
Year Built
AVG 1974
1978
Visits
AVG 243
68
Data Provided by Inside Real Estate®