$650,000
Est. $3,304/mo3 bd•1 ba•1,780 sq ft
8709 116th Street Sw, Lakewood, WA 98498
• Listed 2026-06-24•4 days on market
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Based on information submitted to the MLS GRID as of July 17, 2026 at 11:22am (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: July 17, 2026 at 11:22am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2544902
Open houses
10 dates$643,000
-$7,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $460K and $740K.
Rental earnings
$1,925/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$649,000Last sold price
8616 Moreland Avenue Sw, Lakewood, WA 98498
$740,000Last sold price
11206 83rd 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
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,918 per month
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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.
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: Sale-vs-list ratio data not available for this area.
Time on market: The average home goes pending in around 6 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
