$657,000
Listed at $649,9504 bd•1.5 ba•1,678 sq ft
5501 116th Street Sw, Lakewood, WA 98499
• Listed 2025-07-03
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Brand NEW 4- Bedroom 2025 Built Home with designer finishes throughout. Come inside & fall in love with this open floor plan. Kitchen is open to living room & features white cabinets, stainless steel appliances, quartz countertops & center island. Large primary bedroom comes with walk-in closet & private bathroom. Primary bath features double quartz vanity sink & tiled walk-in shower. Outside is perfect for entertaining your guests with huge back yard & large patio. Lot is just shy of a half acre & has plenty off room to store all of your toys. Other features include 2-car garage, mini split, R.V parking + more.
Open houses
No upcoming open houses scheduled for this property.
$557,000
-$100,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $428K and $657K.
Rental earnings
$1,675/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$657,000Last sold price
5501 116th Street Sw, Lakewood, WA 98499

$430,000Last sold price
5404 111th Street Sw, Lakewood, WA 98499
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of January 24, 2026 at 04:04am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Paul Coleman • Terrafin
Listing updated: January 24, 2026 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2401493
$749,950
11202 Greystone Drive Sw, Lakewood, WA 98499
Kimberly Fraser · eXp Realty
Lakewood is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 18 days.
$743,000 Sold
6 weeks ago
3 bd•1.5 ba•~2,634 sq ft•Single Family
11927 Nyanza Road Sw, Lakewood, WA 98499
1%
Under list
—
Days on market
0.7 mi
Distance
$440,000 Sold
7 weeks ago
3 bd•1 ba•~1,254 sq ft•Single Family
10915 Davisson Road Sw, Lakewood, WA 98499
4%
Under list
—
Days on market
0.4 mi
Distance
$575,000 Sold
8 weeks ago
3 bd•1 ba•~2,248 sq ft•Single Family
18 Ponce De Leon Crk Sw, Lakewood, WA 98499
0%
Over list
—
Days on market
1.0 mi
Distance
$630,000 Sold
2 months ago
3 bd•1 ba•~1,860 sq ft•Single Family
12527 Glenwood Avenue Sw, Lakewood, WA 98499
1%
Over list
—
Days on market
0.8 mi
Distance
$480,000 Sold
3 months ago
4 bd•1.5 ba•~1,346 sq ft•Single Family
10636 Rainier Avenue Sw, Lakewood, WA 98499
4%
Over list
—
Days on market
1.0 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.