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Hot Lakewood Properties

$4,350,000

2481386 MLS ⋅ ACTIVE Status

Building your business in Lakewood. Located at 3615 Steilacoom Blvd SW, the Center Plaza Professional Building is more than just an office it’s a local landmark designed for high-energy growth and professional synergy. Strategically positioned in the heart of Lakewood’s business district, this three-story destination places you exactly where the action is. Whether you are launching a collaborative "we-wok style" office share or scaling a professional firm, this building offers the infrastructure to back your vision. A recognizable three-story office building with 21,000 square feet of versatile space. Fully equipped with a modern elevator and comprehensive fire sprinkler system for safety and compliance. Features a high-capacity shared parking lot with over 70 surface spaces, ensuring easy access for both employees and clients. Situated at the high-traffic intersection of Steilacoom Blvd and South Tacoma Way, providing visibility to over 20,000–30,000 vehicles per day. Situated at the high-traffic intersection of Steilacoom Blvd and South Tacoma Way, providing visibility to over 20,000–30,000 vehicles per day.

3615 Steilacoom Blvd, Lakewood

Listing courtesy of Century 21 Real Estate Center.

$3,199,990

4 Beds ⋅ 4 Baths ⋅ 2427259 MLS ⋅ ACTIVE Status

MOVE-IN READY! Experience elevated living at Baillie Court, an extraordinary custom residence by HC Homes, nestled within the prestigious Tacoma Country & Golf Club. Perfectly positioned on a private .66-acre homesite, this exceptional 4,508 SQ FT single-level estate embodies timeless architecture, impeccable craftsmanship, and sophisticated modern luxury. Designed for both grand-scale entertaining and effortless everyday living, the expansive open-concept floor plan is enhanced by rich engineered hardwood flooring, dramatic black-framed windows, and meticulously curated designer finishes throughout. The gourmet chef's kitchen is a true centerpiece, featuring premium Thermador appliances, double dishwashers, a steam oven, custom cabinetry, quartz countertops, and a discreet walk-in pantry. The luxurious primary suite offers a serene retreat complete with a spa-inspired bath showcasing a freestanding soaking tub and Kohler rain shower. Seamless indoor-outdoor living unfolds through expansive glass doors to an oversized covered patio featuring a built-in BBQ and ceiling-mounted heaters for year-round enjoyment. Completing the home is an oversized 3-car garage and the rare opportunity to own exceptional new construction within one of Lakewood's most exclusive golf course communities.

33 Forest Glen Lane SW, Lakewood

Listing courtesy of John L. Scott, Inc..

$3,180,000

2477546 MLS ⋅ ACTIVE Status

CHRISTINE ESTATES consists of 4-DUPLEXES (8-UNITS). All Four Duplexes are identical (facing the front of the duplex: left units have 1065-sf and the right units have 1076-sf. The duplexes are 1-story with Vaulted Ceilings in the Main Living Areas. The High Ceilings and Open Main Living Areas are impressive. Upgraded Cabinets, Stainless Steel Appliances, Quartz Counter-tops, Large Island with Eating Bar plus 5-foot Pantry will make this Kitchen will make for long term Tenancies. Large Primary Suite with Private Full Bath. Units are heated & cooled by a Ductless Heat Pump with additional Cadet Wall Heaters in Bedrooms. Single car garages plus 2 uncovered onsite parking spaces for each Unit plus new paved street parking with vertical curbs & sidewalks for additional guest parking. Surrounding Neighborhood is very nice, well maintained and mostly newer homes. Irrigated front yard Lawns and Landscaping separate each of the two Driveways for each Duplex for a clean, well kept, beautiful appearance. The Project is located 10-15 minutes from JBLM and close to shopping, schools, eateries, theaters & medical services including St Claire's Hospital. The Duplexes are almost 3-years old and during that time only 2-Units have turned over Tenancy.

5702 5708 79th Street W Unit #A & B, Lakewood

Listing courtesy of Harvest Realty, Inc.

$2,300,000

2533353 MLS ⋅ ACTIVE Status

Remarkable mixed used rental income property in South Tacoma Way Lakewood. Great mix of residential and commercial tenants for rental income. Located in the privately near South Tacoma. This has been an owner owned property with their business. Well maintained and good tenants. The house classified as single family residence but with multifamily rental permit approved by City of Lakewood.

8524 8544 S Tacoma Way, Lakewood

Listing courtesy of Global Real Estate Express.

$2,137,500

2555633 MLS ⋅ ACTIVE Status

**ALERT** Investment Opportunity in the heart of Lakewood! This well-maintained 8-plex - 100% occupancy with a strong rental history and consistently low vacancy rates. Several units have been thoughtfully updated over time, featuring modern kitchen cabinetry, refreshed bathrooms, updated flooring, and newer water heaters, helping minimize future capital expenditures while enhancing tenant appeal. Situated on a desirable corner lot, the property offers excellent visibility, ample on-site parking, and additional street parking for residents and guests. Pride of ownership is evident throughout with fresh exterior paint, attractive landscaping, and consistent upkeep that contributes to strong tenant retention and long-term investment stability. Ideally located in close proximity to Joint Base Lewis-McChord (JBLM), this property benefits from strong rental demand while offering convenient access to shopping, dining, parks, schools, public transportation, and major commuter routes. A turnkey multifamily asset with proven performance, this 8-plex presents a rare opportunity to acquire a well-maintained, income-producing property in one of Lakewood's most sought-after markets. All kitchen appliances stay, washer/dryer hook ups in all units!

8303 John Dower Road SW, Lakewood

Listing courtesy of RE/MAX Northwest.

$2,100,000

2535832 MLS ⋅ ACTIVE Status

Exceptional investment opportunity featuring 12 rental units across 6 duplex buildings, offering immediate income with significant upside potential. Centrally located with convenient access to shopping, services, and major transportation routes, this property is well-positioned to attract and retain long-term tenants. Each duplex consists of one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit, creating a desirable unit mix that appeals to a broad tenant base. Current rents are below market, presenting a compelling opportunity for a savvy investor to increase cash flow and improve overall returns. Several units have benefited from interior renovations, while portions of the exterior have been upgraded with new siding. Durable metal roofing, selective exterior improvements, and a straightforward design contribute to a relatively low-maintenance investment. An on-site laundry facility provides additional income potential for residents. Situated on a large parcel, the property appears to offer future development opportunities that could substantially increase income and overall value (buyer to verify all development potential and feasibility). Whether you're looking to expand an existing portfolio or acquire a value-add asset with multiple paths to increased returns, this property deserves serious consideration. Opportunities combining current income, rental upside, low-maintenance ownership, and potential future development are increasingly difficult to find.

11002 Idlewild Road SW, Lakewood

Listing courtesy of Keller Williams Rty Tacoma.

$2,000,000

2534759 MLS ⋅ ACTIVE Status

Rare 1.24-acre commercial parcel at 7704 Bridgeport Way W, Lakewood. Zoned Lakewood NC-2 (Neighborhood Commercial 2) with sewer and water installed (see Land info, p.1). Highly visible frontage on Bridgeport Way with easy access to surrounding neighborhoods and retail nodes (map, p.3–4). Existing 2-story building (1951) on site — great for interim use while planning redevelopment. Perfect for medical/office/retail or mixed-use infill. Motivated seller.

7704 Bridgeport Way W, Lakewood

Listing courtesy of Skyline Properties, Inc..

$1,995,000

3 Beds ⋅ 3 Baths ⋅ 2542902 MLS ⋅ ACTIVE Status

Legacy on Lake Steilacoom. 130’ +/- private waterfront with magnificent gates at the entrance. Charming 1931 Tudor Situated on 1.75 acres across three parcels, blending timeless craftsmanship with modern updates. Features include a main floor primary suite, 2 baths, an updated kitchen with granite countertops, stainless appliances, and an apartment above the detached garage. Expansive millwork, stained glass windows, window seat dining, and 2 fireplaces add warmth and character. The boathouse includes a kitchenette with pass-through serving windows, a cozy loft, a propane fireplace and a lakeside deck. Enjoy mature privacy landscaping, stone patio terraces, a private dock, sweeping lake views, and a rare combination of privacy and convenience.

10007 Lake Steilacoom Drive SW, Lakewood

Listing courtesy of Realogics Sotheby's Int'l Rlty.

$1,900,000

2525348 MLS ⋅ ACTIVE Status

Gen Villas is a cash-flowing value-add 14-unit apartment community situated on 2.62 acres in a serene creek-side setting surrounded by lush greenery in Lakewood, located less than 2 miles from Joint Base Lewis-McChord, Pierce County’s largest employer. The property consists of 14 units across two separate buildings: a 6-unit building located at the front of the property, originally constructed in 1972, and an 8-unit building situated at the rear of the property, built in 1955. The unit mix includes one 4-bedroom / 3-bathroom unit, one 3-bedroom / 1-bathroom unit, three 2-bedroom / 1-bathroom units, and nine 1-bedroom / 1-bathroom apartments. Seven units at the property have been updated to a similar finish level as photographed in Unit 5, featuring luxury vinyl plank flooring, fresh interior paint, and newer kitchen appliances and cabinetry. The opportunity exists for new ownership to complete cosmetic renovations to the remaining 7 units and increase rents approximately 17% to market. A Additionally, Units 1, 2, and 4 include in-unit washer and dryer stacks, while the remaining units benefit from access to an on-site community laundry facility. Residents benefit from an ample supply of off-street parking, including 6 carports and 3 surface parking stalls serving the front building, as well as an additional 16 surface parking stalls designated for the rear building.

12413 Bridgeport Way SW, Lakewood

Listing courtesy of Blake Investment Advisors.

$1,895,000

3 Beds ⋅ 3 Baths ⋅ 2476626 MLS ⋅ ACTIVE Status

Quietly approached by a private forested driveway over a flowing creek, an Alan Liddle–redesigned home rests on 12 ACRES of tranquility. A peaceful & inspiring setting could easily spark the imagination of an artist or writer. Towering rhododendrons soften the architecture, while sounds of nature accompany you under the covered walkway to the entrance. The natural light draws you to a generous library with built-ins & fireplace creating an intimate retreat for reading & reflection. The adjoining living room is anchored by a fireplace & a dramatic wall of floor-to-ceiling windows creating a striking backdrop for a grand piano. French doors open to a patio overlooking Chambers Creek, expansive lawn—ideal for entertaining or quiet evenings at home. The dining room flows seamlessly enjoying creek views beneath a crystal-adorned chandelier. The kitchen offers an eating bar & sunny nook with views of the rear garden & patio, blending everyday comfort and effortless living. The primary suite is a sanctuary of its own featuring a sitting area with a gas fp & access to a private balcony overlooking the landscape. 2 additional bedrooms enjoy peaceful views of nature & creek. Meandering paths thru emerald lawns, a private pond visited by ducks & a salmon-spawning stream with gentle rapids & waterfalls. The creek winds along the property, enhancing seclusion & connection as a canopy transforms into brilliant colors. An irreplaceable estate where architecture, nature & lifestyle converge.

6817 79th Street W, Lakewood

Listing courtesy of Windermere Prof Partners.

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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.
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