Property Attributes
- ID#2577497
- TypeSingle Family
- CountyPIERCE
- CityLakewood
- AreaLakewood-Tillicum
- NeighborhoodTillicum
- Zip98498
- Style1 Story w/Bsmnt.
- Year Built1947
- Taxes$ 477
- Price$ 498,750
- Bedrooms2
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage1300
- Lot Size1.098 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Tillicum Elem | Buyer To Verify Middle School | Clover Park High |
| Price History | |
|---|---|
| 9/3/2026 | Listed $498,750 |
General Features
| Living Area | 1300 |
|---|---|
| Sewer | Septic Tank |
| Heating | Forced Air,See Remarks |
| Cooling | None |
| Possession | Closing |
| Roof | Composition |
| Appliances | Dryer,Refrigerator,Stove(s)/Range(s),Washer |
| Security Features | Fully Fenced |
| Year Built | 1947 |
| View | Territorial |
| Topography | Level |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| County | Pierce |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Tillicum |
| Garage Y/N | Yes |
| Full Baths | 1 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | From Tacoma Ave S,L on S 25th St,R on Pacific Ave,R lane to I-5S - Take Exit 122A-122B - Take Union Ave SW to Washington Ave SW. |
| High School | Clover Park High |
| City | Lakewood |
| Entry Location | Main |
| Senior Community Y/N | No |
| High School District | Clover Park |
| MLS Area | 41 - Lakewood/Tillicum |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 47827 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional |
| Elementary School | Tillicum Elem |
| Land Lease Y/N | No |
| Tax Annual Amount | 477 |
| Middle/Junior High School | Buyer To Verify |
| Public Remarks | 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 approxim |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Lakewood Water |
| Property Style | 16 - 1 Story w/Bsmnt. |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Dining Room,Fireplace,Water Heater |
|---|---|
| Basement | Daylight,Partially Finished |
| Flooring | Hardwood,Vinyl |
| Total Fireplaces | 2 |
| Fireplace Features | Gas |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Total Bedrooms | 2 |
| Main Level Bedrooms | 2 |
| Total Baths | 1 |
| Bedrooms Possible | 2 |
| Water Heater Type | Gas |
| Water Heater Location | Basement |
| Fireplaces Main | 1 |
| Fireplaces Lower | 1 |
| Power Production Type | Electric,Natural Gas |
| Baths Full Main | 1 |
| Bathrooms | 1 |
Exterior Features
| Exterior Amenities | Brick |
|---|---|
| Vegetation | Fruit Trees,Garden Space |
| Parking Features | Detached Garage,RV Parking |
| Lot Features | Paved,Sidewalk |
| Water Source | Public |
| Total Parking | 2 |
| Inclusions | Dryer(s),Leased Equipment,Refrigerator(s),Stove(s)/Range(s),Washer(s) |
| Foundation Details | Poured Concrete |
| Building Area Total | 2100 |
| Lot Size Acres | 1.098 |
| Waterfront Y/N | No |
| Covered Spaces | 2 |
| Irrigation Water Rights Y/N | No |
| Site Features | Fenced-Fully,Gas Available,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
In The Neighborhood
Lakewood
$ 495,000
- Type
- Single Family | Active
- Size
- 777 SqFt
- Rooms
- 2 Beds + 1 Baths
Listed by: Windermere Prof Partners
Lakewood
$ 1,850,000
- Type
- Single Family | Active
- Size
- 748 SqFt
- Rooms
- 3 Beds + 1 Baths
Listed by: Keller Williams Realty PS
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This content last updated on September 23, 2026 11:43 AM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.