$675,000
Est. $3,431/mo5 bd•1.5 ba•2,834 sq ft
8406 Paine Street Sw, Lakewood, WA 98499
• Listed 2026-06-18•1 day on market
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Exceptional and truly one-of-a-kind property offering a rare combination of space, flexibility, and functionality. Situated on a large lot with the added benefit of a private well, this home features generously sized rooms throughout, providing a comfortable and open living environment. The spacious primary suite is conveniently located on the main level, offering ease of access and privacy. A centrally located bonus room serves as an ideal gathering space for entertaining guests, hosting events, or creating a recreation area. The upper level includes a bedroom, a finished bonus room, a ¾ bathroom, and a full kitchen. This versatile space can be utilized as an additional dwelling unit, offering excellent potential for multi-generational living or guest accommodations. Outside, you'll find detached parking and an impressive oversized workshop, perfect for hobbyists, craftspeople, vehicle enthusiasts, or anyone in need of substantial workspace and storage. The home also features a partial unfinished basement with a second fireplace, providing additional storage and future expansion possibilities. Conveniently located near shopping, dining, schools, and major transportation routes, this unique property offers endless opportunities to make it your own.
Listed by Graham Raymond Northcott • Redfin
Listing updated: July 20, 2026 at 12:57pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2542818
Open houses
No upcoming open houses scheduled for this property.
$811,000
+$136,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $585K and $725K.
Rental earnings
$2,425/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$622,000Last sold price
6909 81st Street Sw, Lakewood, WA 98499

$612,450Last sold price
6522 Steilacoom Boulevard 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.
8406 Paine Street Sw, Lakewood, WA 98499
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
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5 days ago
4 bd•3 ba•~3,080 sq ft•Single Family
6522 Steilacoom Boulevard Sw, Lakewood, WA 98499
2%
Under list
—
Days on market
0.4 mi
Distance
$800,000 Sold
4 weeks ago
•Single Family
9124 Gravelly Lake Drive SW, Lakewood, WA 98499
11%
Under list
—
Days on market
0.7 mi
Distance
$675,000 Sold
6 weeks ago
4 bd•1 ba•~2,116 sq ft•Single Family
8505 Bridgeport Way Sw, Lakewood, WA 98499
0%
Over list
—
Days on market
0.5 mi
Distance
$460,000 Sold
6 weeks ago
3 bd•1 ba•~1,217 sq ft•Single Family
8801 Sw Custer Road, Lakewood, WA 98499
2%
Over list
—
Days on market
0.2 mi
Distance
$1,560,000 Sold
7 weeks ago
5 bd•2 ba•~4,495 sq ft•Single Family
9144 Edgewater Drive Sw, Lakewood, WA 98499
8%
Under list
—
Days on market
0.7 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
Clover Park School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.