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.
| MLS # | 2577497 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1947 |
| Days On Site | 25 |
| Listing Provided By | Pellego, Inc. | Shelly McCombs |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 1,300 |
| Garage | 2 |
| Basement | Y |
| Story(s) | 1 |
| Acreage | 1.10 |
| Property View | Yes |
| Property | 477 |
|---|
| State | WA |
|---|---|
| County | Pierce |
| City | Lakewood |
| Zip Code | 98498 |
| Area | 41 Lakewood | Tillicum |
| Community Name | Tillicum |
| School District | Clover Park High |
| Elementary School | Tillicum Elem |
| High School | Clover Park High |
| Listing VS Median (in Tillicum) | |
Price: $498,750 low | high Med: $498,750 sqft: 1,300 low | high Med: 1,300 $ / sqft: $384 low | high Med: $384 On site: 25 low | high Med: 25 | |
| State | WA |
|---|---|
| County | Pierce |
| City | Lakewood |
| Zip Code | 98498 |
| Area | 41 Lakewood | Tillicum |
| Community Name | Tillicum |
| School District | Clover Park High |
| Elementary School | Tillicum Elem |
| High School | Clover Park High |
| Listing VS Median (in Tillicum) | |
Price: $498,750 low | high Med: $498,750 sqft: 1,300 low | high Med: 1,300 $ / sqft: $384 low | high Med: $384 On site: 25 low | high Med: 25 | |