Listed by Shelly McCombs, Pellego, Inc.
- Land
- Type
- 47,827 sq ft
- Lot
- 284
- 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.
Property details
Listing details
- Listing number
- #2535263
- Listed
- June 4, 2026
- Days on market
- 284 (includes a prior listing period)
Parking
- Parking
- Garage
Construction
- Style
- 41 - Res-Over 1 Acre
- Structure
- None
Lot
- Lot features
- PavedSidewalk
- Lot size
- 47,827 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Utilities
- Electricity AvailableNatural Gas AvailableSeptic Design Installed
- Water
- Available
- Sewer
- Not Available
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.
- Garage
- None
- Paved
- Sidewalk
- Cash
- Conventional
- Electricity Available
- Natural Gas Available
- Septic Design Installed
- Available
- Not Available
Listing history
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.
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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.