$650,000
Est. $3,283/mo3 bd•1 ba•1,780 sq ft
8709 116th Street Sw, Lakewood, WA 98498
• Listed 2026-06-24•New today
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Based on information submitted to the MLS GRID as of June 26, 2026 at 12:12pm (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.
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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: June 26, 2026 at 12:12pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2544902
Open houses
3 datesNearby open houses (2)
See more →
Open Sat, Jun 27 +1$623,000
-$27,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $471K and $649K.
Rental earnings
$1,875/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$550,000Last sold price
11521 89th Avenue Sw, Lakewood, WA 98498
$649,000Last sold price
8616 Moreland Avenue Sw, Lakewood, WA 98498
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.
8709 116th Street Sw, Lakewood, WA 98498
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.
Neighborhood mobility
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Open Sat, Jun 27 +1Lakewood is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 8 days.
$1,014,950 Sold
3 weeks ago
5 bd•2 ba•~2,978 sq ft•Single Family
11210 79th Avenue Ct Sw, Lakewood, WA 98498
0%
Over list
—
Days on market
0.5 mi
Distance
$639,950 Sold
4 weeks ago
4 bd•2.5 ba•~3,182 sq ft•Single Family
10919 101st Avenue Sw, Lakewood, WA 98498
0%
Over list
—
Days on market
0.9 mi
Distance
$599,000 Sold
6 weeks ago
•Single Family
12320 Edgewood Ave Sw, Lakewood, WA 98498
0%
Over list
—
Days on market
0.7 mi
Distance
$460,000 Sold
7 weeks ago
3 bd•1 ba•~1,275 sq ft•Single Family
9116 121st Street Sw, Lakewood, WA 98498
0%
Over list
—
Days on market
0.5 mi
Distance
$466,000 Sold
2 months ago
3 bd•1.5 ba•~1,652 sq ft•Single Family
9902 114th Street Sw, Lakewood, WA 98498
1%
Over list
—
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 Jun 2026
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.
