Lakewood Homes under $500,000

Welcome to Lakewood, Washington – a hidden gem nestled in the heart of Pierce County. With its stunning natural beauty, vibrant community, and a plethora of recreational activities, Lakewood is the perfect place to call home. This charming city is conveniently located just south of Tacoma, providing residents with easy access to urban amenities while maintaining a serene suburban atmosphere.

Lakewood boasts a rich tapestry of parks and lakes, including the picturesque American Lake and the expansive Fort Steilacoom Park, which offers miles of trails, picnic areas, and sports facilities. Whether you’re an outdoor enthusiast, a family looking for quality schools, or someone who appreciates a tight-knit community, Lakewood has something for everyone.

For those searching for a new home, Lakewood offers an impressive selection of properties under $500,000. Here, you can find charming single-family homes, cozy townhouses, and spacious condos, all at an affordable price point. These homes often feature modern amenities, large yards, and easy access to public transportation, making them ideal for first-time buyers, growing families, or anyone seeking a peaceful retreat.

Living in Lakewood means embracing a lifestyle filled with warmth and community spirit. With its friendly neighborhoods, excellent schools, and a variety of local shops and restaurants, you will quickly feel at home. Don’t miss the opportunity to explore the diverse real estate options available in this thriving city. Discover your dream home in Lakewood today and experience all the wonderful qualities this vibrant community has to offer!

Newest Lakewood Homes under $500,000

$319,000

3 Beds ⋅ 1 Baths ⋅ 2563992 MLS ⋅ ACTIVE Status

Welcome to Mt. Vernon Village! This very desirable townhome community is nestled on 15 acres of park-like setting. Must see this affordable one level townhome. Rambling sidewalks throughout for that walk with your pet or check out the inviting pool open in the summer. Clubhouse available for those larger parties. All homes have good sized two car garages. Nice kitchen w/dining area, living room w/fireplace and slider to your enclosed patio. 3 bedrooms, bath w/additional sink/vanity in primary bedroom. Walk to fort Steilacoom farmers markets, dog park, walking/biking trails, coffeeshops, stores & restaurants. Close to JBLM & Western St. Hospital.

8610 Onyx Drive SW Unit #A, Lakewood

Listing Broker: PNW Towns and Sound; Mia Perryman; 253-227-4925; miaperryman@gmail.com

$219,950

1 Beds ⋅ 1 Baths ⋅ 2591874 MLS ⋅ ACTIVE Status

Welcome Oakbrook Country Club Condominiums, where comfort, convenience, and community come together. This well maintained top-floor 1-bedroom home offers a bright, welcoming atmosphere with a cozy wood-burning fireplace for chilly evenings and a private deck overlooking the pool, the perfect spot to enjoy your morning coffee or unwind at the end of the day. Enjoy resort-style amenities including 2 swimming pools, a clubhouse, cabana, and BBQ area, all designed to enhance your everyday lifestyle. Whether you're a first-time buyer, looking to downsize, or seeking easy, low-maintenance living, this is a place you'll be proud to call home. just steps from Oakbrook Golf Club. HOA covers water, garbage & lawn service. Assigned parking, extra storage, and NO RENTAL CAP! Truly turnkey!

7501 Ruby Drive SW Unit #G203, Lakewood

Listing Broker: John L. Scott R.E. Lake Tapps; Chris Engrave; 253-219-3000; puyalluprealtor@gmail.com

$465,000

3 Beds ⋅ 2 Baths ⋅ 2590914 MLS ⋅ ACTIVE Status

Welcome to your new home! This beautifully refreshed home offers comfortable living, generous outdoor space, and plenty of room for your vehicles, toys, and more.Step inside to find fresh updates throughout the home, including fresh interior paint that creates a clean, bright, and move-in-ready feel. The functional layout offers comfortable spaces for everyday living, relaxing, and entertaining.Outside, you'll love the large yard with plenty of space to enjoy, entertain, garden, or create your own outdoor retreat. A detached garage provides additional parking, storage, or workspace, while the property offers tons of additional parking space—perfect for multiple vehicles, guests, or recreational vehicles.Conveniently located near shopping, dining, schools, parks, and everyday essentials, with easy access to major roadways, JBLM, and surrounding communities.Freshly updated, spacious, and ready for its next owner—come see everything this home has to offer!

9015 Forest Ave SW, Lakewood

Listing Broker: Best Choice Network LLC; Nofiani Ciccia; 206-861-9399; nofi@ciccia-re.com

$429,900

3 Beds ⋅ 3 Baths ⋅ 2590804 MLS ⋅ ACTIVE Status

Motivated Seller! Move in ready & conveniently located a few blocks Lakewood shopping center and public transportation + parks in cute neighborhood! 3 bedroom home has 3 bathrms which is unusual for this price range as you can live affordably w/minimal HOA fee for (village layout) common area yard maintenance & your water bill! One car garage w/2 driveway parking spots + street parking. Private deck, covered patio,fenced yard(one in front & one in the back w/lawn space for gardening & pets).Full sized washer dryer convey. Newer roof, fence and carpets! The Living room is huge w/south & west facing windows for plenty of sunlight, a dining area + a main floor family room w/ FP. You have a bonus room loft on second floor w/2 other bedrms & full bath. Easy to make a guest bedroom! The 1 car garage w/extra storage area has electricity for plugging in freezer and two areas hobby/craft room. The large kitchen has two storage high ceiling features upgraded, granite counters w/stainless steel appliances, high end BOSCH dishwasher, upgraded fridge & flat top stove w/oven & hood vent-very modern! Air conditioned too! Recently installed, stylish hardwood floors on main level make this a clean place to keep + main floor primary bedroom w/mobility accessible shower level w/the title floor for getting in/out easy! Lots of closet space +unfinished attic! Seller finally installing new doors to primary bathrm to address prior feedback given, such an easy fix so don't miss out on this home!

6502 Avondale Road SW, Lakewood

Listing Broker: CENTURY 21 North Homes Realty; Tamra Smilanich; 206-779-7999; tsmilanich@c21nhr.com

$495,000

3 Beds ⋅ 2 Baths ⋅ 2592103 MLS ⋅ ACTIVE Status

Welcome to this spacious and inviting one-story Lakewood home offering 3 bedrooms, 1¾ baths, and 1,586 sq. ft. of comfortable living space, plus an impressive 458 sq. ft. enclosed patio and porch offering incredible potential for a bonus room, home office, recreation space, gym, studio, or entertaining area. Set on a generous .23-acre lot, the single-level layout provides easy everyday living with plenty of room to relax and gather. Skylights and double-pane windows bring in abundant natural light, while the spacious primary bedroom features a private bath for added convenience. Enjoy year-round comfort with a newer furnace and A/C. A 2-car garage provides secure parking and valuable storage. Outside, the expansive lot offers plenty of room for gardening, entertaining, recreation, or simply enjoying the space. Conveniently located near shopping, dining, parks, schools, recreation, and major commuter routes. With its generous lot, flexible bonus space, valuable updates, and one-level living, this Lakewood home offers exceptional versatility and opportunity.

8629 108th Street SW, Lakewood

Listing Broker: RE/MAX Northwest; Patti Dains DeYoung; 253-381-7503; Patti@Pattishomes.com

$464,997

3 Beds ⋅ 1 Baths ⋅ 2590254 MLS ⋅ ACTIVE Status

Welcome home to this adorable, fully updated 3-bedroom, 1-bath rambler! Turnkey and move-in ready, this charming home features brand-new LVP flooring, fresh interior paint, updated lighting, and stylish modern finishes throughout.The real showstopper is the huge, fully fenced 12,000 sq ft lot, offering two driveways with gates and plenty of room for RV or boat parking. The property also features a 500 sq ft detached, fully insulated garage complete with a bathroom and three additional rooms—perfect for storage, a workshop, hobbies, home office space, or exploring future ADU possibilities. No HOA!Outside, enjoy the spacious yard with plenty of room for gardening, entertaining, recreation, or simply relaxing. Located on a quiet street with easy access to JBLM and I-5, and just a 1-minute drive to American Lake Park, this home combines convenience, versatility, and charm.Simply unpack, settle in, and start living!

9315 121st Street SW, Lakewood

Listing Broker: Gateway Real Estate; Lorraine Gakin; 253-230-3338; lorraine@gatewayre.com

$375,000

3 Beds ⋅ 1 Baths ⋅ 2591710 MLS ⋅ ACTIVE Status

Investor & DIY Special! Great opportunity in the established Oak Park neighborhood of Lakewood. This 3-bedroom, 1-bathroom single-story home features 1,166 sq ft of living space, a 1-car attached garage, and a spacious 7,700 sq ft lot. Being sold as-is by the estate, this property offers incredible potential for a fix-and-flip or a sweat-equity remodel. Conveniently located near local schools, parks, and commuter routes. Bring your ideas and tools to restore this diamond in the rough! Notable updates include a newer sewer system/connection installed within recent years, saving a buyer significant capital expense. Listing broker is related to the seller. (Purchaser to verify all information)

5516 Seeley Lake Drive SW, Lakewood

Listing Broker: RE2K.com; Alika Kalii; 253-348-7060; alikakalii@icloud.com

$399,950

3 Beds ⋅ 3 Baths ⋅ 2591577 MLS ⋅ ACTIVE Status

A beautiful home in the highly-sought after Mt. Vernon Village! This home was modernized, finished with new floors, cabinetry, bathroom vanities, a huge island kitchen counter and updated recessed lighting system. The bright open concept floor plan is excellent for gatherings and you can even take the party outside to your own private courtyard. Upstairs the rooms are all very spacious featuring a primary with both a huge walk in closet and shower. The generous space in the garage is ideal for 2 cars and has room for storage. If you are looking for an easy, lock and leave lifestyle in a premier community, this home is for you! The well managed HOA takes care of the hard work, and covers water, landscaping, exterior upkeep, while you can enjoy the many amenities such as community pool and clubhouse. the location is fantastic with nearby Ft. Lewis, Steilacoom Park, trails, shops and restaurants. If you are ready to live good and low maintenance 8626 Onyx Dr SW unit D is indeed the home for you, Hurry on out as this one will not last long! This home is eligible for Wshfc down payment assistance program. Seller to cover up to 6 months HOA dues.

8626 Onyx Drive SW Unit #D, Lakewood

Listing Broker: Best Choice Realty LLC; Anwar Thomas; 206-981-8934; anwar.j.thomas@gmail.com

$449,950

3 Beds ⋅ 2 Baths ⋅ 2591492 MLS ⋅ ACTIVE Status

Welcome home to this inviting 3-bedroom, 2-bath home in Lakewood! Conveniently located near JBLM, shopping, dining, and everyday amenities, this home offers a great combination of comfort and accessibility. With a functional layout and plenty of opportunity to make the space your own, this property is ready for its next owner. Come see all this Lakewood home has to offer!

11415 Holden Road SW, Lakewood

Listing Broker: Skyline Properties, Inc.; Arron Carr; 253-883-9421; arron@skylineproperties.com

$450,000

3 Beds ⋅ 2 Baths ⋅ 2591420 MLS ⋅ ACTIVE Status

A European-inspired design on a rare, flat 8,500-square-foot lot in one of Lakewood's most sought-after neighborhoods. Clean lines, minimalist finishes, and thoughtful design throughout—nothing overdone. This is the kind of home that doesn't try too hard because it doesn't have to. Step inside and the vaulted ceilings make an immediate impression, creating an open, airy feel that makes the 1,092 square feet live much larger than expected. The primary suite is a true retreat, featuring a spacious bedroom, a private full bath, and the kind of separation that just makes sense. Outside, meticulous landscaping and a sleek modern fence surround the property, offering the rare combination of standout curb appeal and genuine privacy. The backyard is flat, expansive, and perfectly suited for entertaining, relaxing, or simply enjoying the outdoors. Complete with a two-car garage and located in a neighborhood where pride of ownership is evident, this is a home that delivers style, comfort, and a setting that's increasingly hard to find.

8102 Oakridge Drive SW, Lakewood

Listing Broker: Pellego, Inc.; Nikita Krivorak; 760-818-6914; nikita@cityhometeam.com

15401 Washington Avenue SW Unit #3, Lakewood

$110,000

2 Beds ⋅ 2 Baths ⋅ 2587902 MLS ⋅ ACTIVE Status

Freshly reimagined from top to bottom, this spacious Lakewood home delivers the style, space, and finishes you rarely find at this price point. Offering 1,344 sq ft, this 2-bedroom, 1 and three-quarters bath double-wide features a complete renovation and a standout kitchen designed for cooking and entertaining, with an oversized center island, abundant cabinetry and storage, built-in cooktop, statement range hood, and generous prep space. Fresh finishes continue throughout the comfortable, open floor plan. A ductless heat pump with A/C provides year-round comfort, complemented by a newer roof. Outside, enjoy a porch/deck, front patio, additional storage, and parking for two. Set in an all-ages community near American Lake with convenient access to JBLM, shopping, dining, parks, and commuter routes. Space rent $1,050/month. Park approval required.

15401 Washington Avenue SW Unit #3, Lakewood

Listing Broker: Keller Williams Realty Bothell; Angelica Ramos; 360-612-2203; angelicara@kw.com

$495,000

3 Beds ⋅ 2 Baths ⋅ 2589126 MLS ⋅ ACTIVE Status

This updated 3-bedroom, 1.5-bath home offers thoughtful touches throughout, including luxury vinyl plank flooring throughout and recently updated bathrooms. The dining room features a wood-burning fireplace, while the living room has a gas fireplace and opens to a fully covered patio. Outside, the fully fenced backyard offers mature landscaping, an outbuilding, and a wood-burning fire pit for gatherings. A gas fire pit can also be included.The kitchen features a farmhouse sink, butcher block countertops, and cabinets that have been completely refinished and refaced. Other updates include a tankless water heater, a Mr. Cool heat pump with two heads, three sun tube skylights for extra nature light, and a one-year-old Samsung all-in-one washer/dryer. The spacious primary bedroom has a remodeled custom closet with a half bath. Another bedroom includes a built-in Murphy bed.The roof is approximately six years old, and the large driveway leads to an attached two-car garage. Conveniently located near Joint Base Lewis-McChord, parks, and other amenities, this home has details best appreciated in person—come take a look!

10415 110th Street SW, Lakewood

Listing Broker: Brightline Realty; Jennifer Martirosian; 253-732-3977; jennfarrell@gmail.com

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