15202 Washington Avenue SW, Lakewood, WA 98498

$498,750
2
BD
1
BA
1,300
SqFt

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Listing courtesy of Pellego, Inc..

List Price
$498,750
Status
ACTIVE
MLS#
2577497
Days on Market
356
Bedrooms
2
Finished SqFt
1,300
Area Total SqFt
2100
Annual Tax Ammount
477
Lot Size (sq ft)
47,827
Fireplace
Yes
Sewer
Septic Tank

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.

Additional Information

Community
Tillicum
Style
16 - 1 Story w/Bsmnt.
Basement
Daylight, Partially Finished
Year Built
1947
Total Covered Parking
2
View
Territorial
Roof
Composition
Site Features
Fenced-Fully, Gas Available, RV Parking
Tax Year
2025
School District
Clover Park
Elementary School
Tillicum Elem
Middle School
Buyer To Verify
High School
Clover Park High
Potential Terms
Cash, Conventional
Interior Features
Dining Room, Fireplace, Water Heater
Flooring
Hardwood, Vinyl
Driving 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.
Appliance
Dryer, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Location
Basement
Water Heater Type
Gas
Energy Source
Electric, Natural Gas
Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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