$585,000
Listed at $650,0003 bd•1 ba•1,780 sq ft
8709 116th Street SW, Lakewood, WA 98498
• Listed Jun 24, 2026
RexMont Market Signal for 8709 116th Street SW
Sold price on recordRexMont Market Signal $585,000
Closed sale price · as of September 30, 2026, the day it sold.
Market Signal since the sale
$530,302
Likely $409,782 – $629,062 · solid read · as of October 20, 2026
Estimate, not an appraisal.
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.
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Listing Broker: Coldwell Banker Danforth; Gina Lane; 253-569-9493; Gina.L@comcast.net
Buyer Broker: John L. Scott, Inc.
About this home
Endless Possibilities on Nearly 1 Acre! Built in 1953 and thoughtfully updated, this home offers a fantastic floor plan with room to live, grow, and create. Featuring 3 spacious bedrooms, a beautifully updated bathroom, an inviting eat-in kitchen, and a bright living room with a large picture window that fills the space with natural light.The main level also offers additional flexible living space that can be customized to fit your lifestyle. Downstairs, you'll find a huge bonus area perfect for a family room, recreation room, home theater, gym, hobby space, or all of the above, the possibilities are truly endless.Outside, classic curb appeal welcomes you home, while the nearly 1 acre flat parcel offers incredible future potential. Buyer to verify with the county, but preliminary possibilities may include subdividing into up to 3 tax lots or developing 2 duplexes plus 2 ADUs. Additional features include a single car attached garage, carport, and abundant parking space. Major updates completed in 2026 include a new roof, gutters, interior paint, and carpet and some light fixtures, making this property move-in ready while offering exciting future opportunities. Space, flexibility, and development potential all in one exceptional property!
Listed by Gina Lane • Coldwell Banker Danforth
Listing updated: September 30, 2026 at 06:58pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2544902
Around this home
Property details
Interior features
- Dbl Pane/Storm Window
- Dining Room
- Finished basement
Kitchen
- Disposal
- Refrigerator
- Stove(s)/Range(s)
Bedrooms
- 3 bedrooms total
- 3 on the main level
Bathrooms
- 1 full bathroom
- 1 on the main level
Layout
- 1 Story w/Bsmnt.
- 1,780 sq ft finished
- 288 sq ft garage
Flooring
- Vinyl
- Carpet
Heating & cooling
- Wall Furnace heating
- None cooling
Schools
Ratings via SchoolDiggerClover Park School District
- Idlewild Elementary SchoolPublic · Grades PK-5 · State rank 525 of 1,1386/10
- Hudtloff Middle SchoolPublic · Grades 6-8 · State rank 493 of 5141/10
- Lakes High SchoolPublic · Grades 9-12 · State rank 256 of 3964/10
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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Lot dimensions
- 196 x 216
- Topography
- Level
- Vegetation
- Garden Space
- Zoning code
- LKWD
- Faces
- East
Systems
- Energy source
- Electric
- Power production
- Electric
- Power company
- PSE
- Water company
- Lakewood Water
- Irrigation water rights
- No
Rooms & extras
- Showers
- 1
New construction
- Square footage source
- Public records
- Lot size source
- Public Records
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 8709 116th Street SW
NWMLS via MLS Grid · Pierce County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Sep 30, 2026SoldNWMLS via MLS Grid · #2544902$585,000$329/sq ft
- Aug 14, 2026PendingNWMLS via MLS Grid · #2544902$650,000$365/sq ft
- Jun 24, 2026ListedNWMLS via MLS Grid · #2544902$650,000$365/sq ft
Market pulse
Lakewood is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 71 days.
Recent sales nearby
Within 1 mile · last 6 months$615,000 Sold
1 week ago
4 bd•2.5 ba•~1,954 sq ft•Single Family
10430 90th Avenue SW, Lakewood, WA 98498
5%
Under list
98
Days on market
0.7 mi
Distance
$400,000 Sold
3 weeks ago
3 bd•1.5 ba•~1,332 sq ft•Single Family
9015 Winona Street SW, Lakewood, WA 98498
7%
Under list
98
Days on market
0.4 mi
Distance
$860,000 Sold
3 weeks ago
5 bd•4.25 ba•~4,421 sq ft•Single Family
1 Beach Lane SW, Lakewood, WA 98498
2%
Under list
117
Days on market
0.9 mi
Distance
$585,000 Sold
4 weeks ago
3 bd•1 ba•~1,780 sq ft•Single Family
8709 116th Street SW, Lakewood, WA 98498
10%
Under list
98
Days on market
0.1 mi
Distance
$480,000 Sold
5 weeks ago
5 bd•3.5 ba•~2,974 sq ft•Single Family
12703 Vernon Avenue SW, Lakewood, WA 98498
8%
Under list
18
Days on market
0.8 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 Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 29, 2026 at 8:16 AM PT (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.
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HO
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