Active · Residential

15202 Washington Avenue SW, Lakewood, WA 98498

Lakewood, WA 98498

$498,750

2 bedrooms · 1 bathrooms · 1,300 sq ft

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Listing provided by Pellego, Inc. · MLS #2577497 · Active

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About this property

Over 1 acre with exciting potential for future development and additional housing opportunities. The solid 2-bedroom, 1-bath brick bungalow offers 1,300+ sq. ft. of finished living space, plus approximately 800 sq. ft. of unfinished space, and includes a detached 2 car garage. Ideally situated at the front of the parcel, the home leaves a substantial portion of the property available for potential additional homes, duplexes, or other residential development. The property is fully fenced, and the existing home is in good condition. Sold as-is through an estate sale. Ideally located near JBLM, I-5 corridor improvements, shopping, schools, parks within walking distance, and nearby lakes. Future area improvements include a Sounder station and a 1.3-mile shared-use trail connecting Tillicum and Lakewood, expected to open in late 2026. A rare opportunity to acquire over an acre in a high-demand area with significant future development and income-producing potential. Buyer to independently verify all information, zoning, permits, development potential, and applicable requirements with the City of Lakewood and Pierce County to their satisfaction.

Property details

Property type: Single Family Residence
Year built: 1947
Lot size: 47,827 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $477 (2025)
Parking spaces: 2
School district: Clover Park

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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