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$2,100,000
2498457 MLS SOLD Status
Opportunities like this are rare. Welcome to American Lake, where legacy meets potential. This 9-unit waterfront multifamily property is ready for its next chapter. Featuring four 1-bedroom standalone cottages, a fourplex offering 2-bedroom units, and a private waterfront home, this one-of-a-kind offering combines character, flexibility, and income potential. Current rents are below market, providing strong upside for investors. Enjoy direct lake access with on-site watersport storage, an enormous dock, and surplus parking. Whether you choose to hold long-term, convert to luxury short-term rentals, or owner-occupy and build community, this property delivers. Western exposure ensures unforgettable sunsets over the water. Greet location!

14312 Thorne Lane SW Unit #15, Lakewood

Listing Broker: Keller Williams Realty PS; Chris Ranch; ; Selling Office: Timber Real Estate.

$1,220,000
4 Beds 3 Baths 2488240 MLS SOLD Status
Gorgeous American Lake Waterfront Parcel with two homes on it! Value is in the land and rental income while remodeling or tearing down the original home in average condition. Amazing, sunny southward facing approx. 120 ft of no bank lakefront with a dock! The sprawling home has over 4100 sq. ft. of space, with views from all the main rooms across the home facing south, as well as a nice deck & large patio overlooking the lake and lovely Mt Rainier views. Large rustic beamed living room, white kitchen, bonus family room and the primary BR make up the main floor. Upstairs is two generous bedrooms & a bath, plus an unfinished space that could be another bath? Downstairs boasts the 4th BR, a spacious rec room & another 3/4 bath. Just past the deck is the large lawn leading down to the no bank gravel beach, dock and storage cabana near the shore... it's dreamy! There's a two car carport, an upper garage that is currently a shop, and a lower garage on the east of the home. There is separate 884 square foot, 2 BR, 1 BA home built in 1941 facing American Ave that is a part of this parcel. It should rent for $2000 a month. The total land parcel is .64 acres, with a long paved driveway leading down to the main home. Simply a lovely piece of American Lake Waterfront!

9832 American Avenue SW, Lakewood

Listing Broker: RE/MAX Northwest; Larry Tuell; ; Selling Office: COMPASS.

$925,000
3 Beds 3 Baths 2546770 MLS SOLD Status
Rare Opportunity! The first home available in nearly a year in South Pierce County’s most desirable neighborhood is finally here. Located in the exclusive, gated community of Eagle Point at American Lake, this masterfully remodeled residence is priced to sell and ready for you to love. Boasting nearly 3,200 square feet of luxurious living space, this spacious 3-bedroom, 2.5-bathroom home has been completely refinished from top to bottom with too many high-end updates to list. Step inside to gorgeous, gleaming hardwood floors and an abundance of natural light. The heart of the home features a spectacular custom sunroom equipped with cozy heated flooring—the perfect spot to relax and enjoy vibrant sunsets and soaring eagles nesting along the treeline shore. The newly updated primary suite is a true sanctuary, complete with a massive walk-in shower and premium luxury features. Modern comforts include central AC and an attached 3-car tandem garage. Outside, a large deck and expansive yard offer the perfect setup for barbecuing and entertaining guests. Beyond your front door, enjoy premier amenities within this private gated enclave, including dedicated guest parking, serene waterfront trails, and exclusive access to the private community boat launch, dock, and waterfront park. Everything has been updated recently, offering a turn-key lifestyle in a prestigious location. Homes in this community rarely hit the market- must buy now before it's gone!

9058 Eagle Point Loop Road SW, Lakewood

Listing Broker: KW Greater Seattle; Cheyenne Gillooly; ; Selling Office: Dupont Realty & Property Mgmt.

$700,000
3 Beds 2 Baths 2520513 MLS SOLD Status
Better than new! This six-year-old Garrette Custom Home has been gently lived in and meticulously maintained. The home is designed for both comfort and entertaining. The open great room features an ideal layout for gathering and entertaining as it flows from the living room, beyond the kitchen and dining area, outdoors to a large, covered patio. There is a well-appointed kitchen with upgraded appliances and a walk-in pantry. The primary suite features two walk-in closets a roll-in shower, adding comfort and accessibility. The two other bedrooms share a full bath on the opposite side of the home from the primary. There is spacious 3-car garage boasting an epoxy-coated floor, giving a clean, durable finish. This large garage offers excellent storage potential. The home is thoughtfully positioned on the lot to maximize the usable outdoor space, this provides ample room for a large garden, recreation area, RV parking, or maybe a future pool. Conveniently located near American Lake, shopping, major freeway access, and the Fort Lewis/McChord complex, this home perfectly blends quality construction, modern upgrades, and an exceptional location.

12825 Lakeholme Road SW, Lakewood

Listing Broker: Coldwell Banker Bain; Lou Rall; ; Selling Office: Red Moon Realty.

$660,000
2488266 MLS SOLD Status
Super clean & nicely maintained 4 Plex in quiet location near American Lake! Only units A & B are currently rented. There are two side by side duplexes, each with their own covered and non-covered parking areas. Three of the units have been extensively updated, especially the two vacant units C & D that could rent for as high as $1500 each! Unit D has views of American Lake. Units B, C & D have newer kitchens, updated bathrooms, fresh paint, newer floor coverings & more! The roof on building two is brand new in 2026! Units B and D have a newer ductless mini-split installed! all the units have separate electrical meters. All the units have a bank of windows in the main great rooms providing tons of natural lighting. The quiet location is down a private paved driveway and just two blocks from American Lake Park & playground! This is a nice property in a quiet area with units that are easily rentable!

9830 American Avenue SW Unit #A-D, Lakewood

Listing Broker: RE/MAX Northwest; Larry Tuell; ; Selling Office: Kronos Real Estate.

$629,000
4 Beds 2 Baths 2535707 MLS SOLD Status
Just a short stroll from American Lake, this distinctive mid-century home offers a rare blend of timeless design, outdoor living, and the charm of a small homestead lifestyle. Set on a beautifully maintained oversized lot, the property is surrounded by mature fruit trees, flourishing vegetable gardens, colorful flower beds, and a sprawling level yard that feels like your own private retreat. Enjoy fresh eggs from the chicken coop, tackle projects in the spacious workshop, and take advantage of the attached garage and abundant outdoor space designed for entertaining, gardening, and everyday enjoyment. Inside, you’ll find the warmth and character that make mid-century homes so desirable, with beautiful hardwood floors, large windows, abundant natural light, and a comfortable, inviting layout. Offering 4 bedrooms and 2 bathrooms, the home provides flexibility for guests, a home office, hobbies, or multigenerational living. Thoughtful design elements and timeless craftsmanship create a space that feels both functional and full of personality. Whether you’re dreaming of growing your own food, enjoying a more self-sufficient lifestyle, or simply looking for a property with room to breathe, this one-of-a-kind American Lake property offers the best of both worlds—mid-century charm, modern comfort, and the peaceful feel of country living just minutes from town.

12423 Lake City Boulevard, Lakewood

Listing Broker: Keller Williams South Sound; Ethan Parker; ; Selling Office: Kronos Real Estate.

$575,000
3 Beds 2 Baths 2433274 MLS SOLD Status
A 1926 home reimagined in 2008 with a full rebuild from the foundation up—modern quality meets Craftsman charm! This spacious rambler features a wraparound porch, large fully fenced yard and an open concept living area that flows into a beautifully remodeled kitchen (2023) with crushed quartz counters, custom cabinetry, & new appliances. The primary suite includes a walk-in closet & a full private bath, plus 2 additional bedrooms & a second full bath. Enjoy a dedicated laundry/mudroom & large garage. Furnace & heat pump replaced in 2024. Charming landscaping. Just blocks from the recently remodeled American Lake Park, restaurants & minutes to VA Hospital & Lakewood Towne Center. This one won’t last long, you’ll want to see it in person!

12614 Naomilawn Drive SW, Lakewood

Listing Broker: Windermere Prof Partners; Corey Matney; ; Selling Office: Bonifield Group.

$570,000
2563414 MLS SOLD Status
Exceptional investment and future development opportunity in a prime Lakewood location. Situated on 0.39 acres across from American Lake Park and the public boat launch, this property features two duplexes comprised of four one-bedroom, one-bath units. Two units enjoy peekaboo views of American Lake, while the generous lot provides abundant parking, or boat / trailer storage. With strong rental appeal, a highly desirable recreational setting, and potential for future redevelopment (buyer to verify), this property offers a unique combination of current cash flow and long-term upside. Conveniently located near JBLM, shopping, dining, Laundromat and major commuter routes, this is a rare opportunity to own a multifamily asset in one of Lakewood’s most sought-after locations. M2M Renter in Unit C would like to renew his Lease.

9315 Veterans Drive SW, Lakewood

Listing Broker: NWC-KV LLC; Briana Hickey; ; Selling Office: ZNonMember-Office-MLS.

$550,000
3 Beds 3 Baths 2542789 MLS SOLD Status
Beautifully maintained home just blocks from American Lake, offering perfect blend of comfort, character, & convenience. Main-floor primary suite offers a peaceful retreat w/ walk-in closet & beautifully modern updated ensuite featuring rainshower and classic claw-foot soaking tub. Convenient laundry located nearby. Solid hardwood floors flow throughout, while abundant skylights fill main level w/ natural light. Private office off entry w/ glass French doors provides ideal work-from-home space. Open-concept living area seamlessly connects kitchen, dining, & living spaces, creating an inviting setting for everyday living & entertaining. Kitchen features stainless steel appliances, breakfast bar seating, generous cabinetry, & additional pantry storage. Cozy up by the gas fireplace or enjoy relaxing in adjacent 2-season porch w/ an additional 216sqft, perfect as a solarium. Separate covered patio extends the living space outdoors. Upstairs you'll find 2 additional beds, full bath, and versatile bonus nook ideal for a reading area, study space, or cozy library. Fully fenced backyard includes storage shed & room to enjoy the outdoors in privacy. Additional features include high-efficiency HVAC system for heating & cooling, dual gas water heaters, & an attached 2-car garage w/ ample driveway parking. Enjoy easy access to American Lake Park & boat launch, JBLM, I-5, shopping, dining, entertainment, & countless nearby parks. A fantastic location for commuting & recreation alike.

12618 Naomilawn Drive SW, Lakewood

Listing Broker: MVP Realty Group; Marti Baker; 360-529-3854; Marti@MVPRealtyGroup.com Selling Office: John L. Scott Lacey.

$530,000
4 Beds 2 Baths 2535644 MLS SOLD Status
Welcome to Dolly Madison Street — and a home as charming as the street where it lives. The stunning carport, cheery front door, and awesome covered outdoor deck set the tone. Inside: open-concept living made for entertaining, artistic character throughout, and a layout that just *works* — 4 beds, 2 baths, utility room, all on one level.Storage covered: oversized shed / shop with roll-up garage door. Yard covered: huge and fully fenced, ready for pets and friends. Recreation covered: short stroll to American Lake for kayaking, SUP, and summer BBQs by the water. Updates done right: new furnace with A/C, new carpet, new hot water tank, newer roof and exterior paint. Nothing to do but move in and fall in love.1,433 sq ft | 4 bed | 2 bath | Coveted Lakewood neighborhood

9021 Dolly Madison Street SW, Lakewood

Listing Broker: PRO RLTYSRVCS Eastside; Teresa Nielsen; ; Selling Office: eXp Realty.

$485,000
2533899 MLS SOLD Status
Exceptional investment opportunity featuring a well-maintained single-level duplex in a highly convenient commuter location near Joint Base Lewis-McChord, American Lake, shopping, dining, parks, and major freeway access. This income-producing property offers strong long-term potential with historically low vacancy rates and practical one-level living in both units. Each residence features updated flooring, in-unit washer and dryer, spacious layouts, and private fenced outdoor spaces ideal for added comfort and functionality. Generous parking setup includes covered carport spaces plus dedicated storage for each unit. Conveniently positioned near endless amenities and major employment hubs, this duplex presents an outstanding opportunity for investors or owner-occupants seeking versatility, location, and lasting value.

9221 -9223 North Lake Drive SW, Lakewood

Listing Broker: John L. Scott, Inc; Phillip T. Rodocker; ; Selling Office: Premier Real Estate Partners.

$470,000
2 Beds 1 Baths 2526280 MLS SOLD Status
A rare hidden retreat in the heart of Lakewood! Tucked away at the end of a quiet dead-end road, this property feels like your own private cabin in the woods, yet you’re just minutes from the VA Hospital, American Lake, and nearby boat launches for year-round recreation. The seller poured incredible care and investment into creating a home that feels warm, peaceful, and welcoming from the moment you arrive. With beautifully maintained grounds and cozy cabin-inspired charm, it feels more like a luxury getaway than everyday living. The nearly 900-square-foot detached garage offers room for up to four cars, plus covered RV parking and extra space for hobbies, storage, or outdoor toys. Whether you’re entertaining, relaxing in the peaceful surroundings, or simply enjoying the privacy, this property offers a lifestyle that’s hard to find. If you’ve been searching for a home that feels like a getaway every day, this is one you truly need to experience in person.

8904 Dolly Madison Court SW, Lakewood

Listing Broker: Better Properties Kent LLC; Tim Pritchett; ; Selling Office: Better Properties Kent LLC.

$326,625
2 Beds 1 Baths 2552109 MLS SOLD Status
Beautifully updated Lakewood bungalow just moments from American Lake, offering the perfect blend of modern updates and an easily accessible location with quick freeway access and more. Enjoy easy access to boating, fishing, kayaking, parks, and year-round recreation while coming home to a thoughtfully improved, move-in-ready property. The remodeled kitchen features quartz countertops, shaker cabinetry, and updated lighting fixtures, creating a bright and inviting space for everyday living and entertaining. The updated bathroom showcases a custom tile shower and stylish finishes, while installed closet systems add thoughtful organization throughout the home. Major improvements provide peace of mind, including newly insulated walls and attic, and the recent installation of a new sewer line in the street. The detached garage offers additional flexibility with a dedicated workshop area, home office, studio, or bonus space. Conveniently located near JBLM, shopping, dining, and the recreational amenities of American Lake, this home combines comfort, functionality, and lifestyle in one exceptional package.

14918 Grant Avenue SW, Lakewood

Listing Broker: Real Broker LLC; Anastacia Gill; 253-444-7504; anastacia@sellwithsatandstacia.com Selling Office: Windermere Abode.

$305,000
2 Beds 1 Baths 2477933 MLS SOLD Status
Final Price Drop Tacoma / Lakewood Home Near JBLM | Value + Investment Opportunity This Tacoma/Lakewood area property features a brand-new roof, new electrical, new windows, and new exterior doors (front and back) & exterior paint providing added value and peace of mind for the next owner. Opportunity for first-time homebuyers or real estate investors seeking an affordable home near Joint Base Lewis-McChord (JBLM) with strong rental potential. Passed VA Appraisal! Enjoy a large, fully fenced front and backyard, offering flexible space for pets, outdoor entertaining, gardening, or future improvements. Prime location with quick access to I-5, making commuting to Tacoma, Lakewood, and surrounding Pierce County areas simple. Conveniently located near shopping, dining, parks, and everyday amenities. Situated in an area with consistent rental demand near JBLM, making this a strong option for investment buyers, rental income potential, or entry-level homeownership. Lender Incentive: This home qualifies for a 1% lender credit (of the loan amount) when using Heather Vezzetti with Premier Mortgage Resources.

14413 Portland Avenue SW, Lakewood

Listing Broker: Keller Williams Realty PS; Tanya Palacios; ; Selling Office: Tribeca NW Real Estate.

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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