About this property

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.