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JRJeff ReynoldsCompass · Seattle

Listed by Shelly McCombs, Pellego, Inc.

2
Bedrooms
1
Bathrooms
2,100
Square feet
$262
Per sq ft
Single Family Residence
Type
1947
Year built
47,827 sq ft
Lot
305
Days on market

About this property

Investor alert! Over 1 acre with prime short-plat and multi-unit development potential. The solid 2 bed, 1 bath, 2,000+ sq. ft. brick bungalow with detached garage is ideally situated at the front of the parcel—leaving expansive space for additional homes, duplexes, or more. The property is fully fenced, and the home is in good condition. Sold as-is through an estate sale. Excellent location close to JBLM, I-5 corridor improvements, shopping, schools, parks, lakes. Future Sounder station and 1.3-mile shared use trail! Rare opportunity to create multiple income-producing units in a high-demand area. Buyer to independently verify all information, permits, zoning, and development requirements with the City of Lakewood to their satisfaction.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2535250
Listed
June 4, 2026
Days on market
305 (includes a prior listing period)
Price per sq ft
$262

Unit & building

Unit levels
One

Parking

Parking
Detached GarageRV Parking
Covered spaces
2
Total spaces
2

Views

View
Territorial

Construction

Year built
1947
Style
16 - 1 Story w/Bsmnt.
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced AirSee Remarks
Cooling
None
Energy source
ElectricNatural Gas

Interior features

Features
Dining RoomFireplaceWater Heater
Fireplaces
2
Fireplace type
Gas

Flooring

Flooring
HardwoodVinyl

Appliances

Appliances
DryerRefrigeratorStove(s)/Range(s)Washer

Lot

Lot features
PavedSidewalk
Lot size
47,827 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Lakewood Water
Sewer
Septic
Power
PSE

Schools

District
Clover Park
Elementary
Tillicum Elem
Middle
Buyer To Verify
High
Clover Park High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • One
  • Detached Garage
  • RV Parking
  • Territorial
  • House
  • Composition
  • Forced Air
  • See Remarks
  • None
  • Electric
  • Natural Gas
  • Dining Room

Listing history

  1. Listed

    $549,500

    June 4, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$3,200

Principal & interest
$2,779
Property tax (est.)
$421

Assumes $109,900 down (20%), a $439,600 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:15 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.