$424,000
Listed at $399,0003 bd•1.5 ba•1,329 sq ft
8316 121st Street SW, Lakewood, WA 98498
• Listed Jul 19, 2026
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Listing Broker: Keller Williams Rlty Bellevue; Corinne Smith; 425-505-7410; corinnesmith@kw.com
Buyer Broker: Keller Williams West Sound
About this home
Opportunity is knocking! If you've been waiting for a home with great bones, endless potential, and the chance to build instant equity, this is your moment. Behind the front door, you'll find the perfect canvas to create the home you've always wanted. Whether you're dreaming of a stylish renovation, a profitable investment, or simply putting your own stamp on a home, the possibilities are endless. New roof and no HOA! The fully fenced yard has room to entertain, garden, or let the dogs run, and the location makes this opportunity even sweeter. Roll up your sleeves, unlock the potential. Minutes from JBLM, the lake, shopping and dining.
Listed by Corinne Smith • Keller Williams Rlty Bellevue
Listing updated: September 24, 2026 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2555889
Around this home
Property details
Interior features
- Dbl Pane/Storm Window
- Vaulted Ceiling(s)
Bedrooms
- 3 bedrooms total
- 2 on the main level
- 1 upstairs
Bathrooms
- 1 full bathroom
- 1 half bathroom
- 1.5 bathrooms total (NWMLS count)
- 2 on the main level
Layout
- 1 1/2 Story
- 1,329 sq ft finished
Flooring
- Ceramic Tile
- Hardwood
- Carpet
Heating & cooling
- Forced Air heating
- None cooling
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Level
- Vegetation
- Fruit Trees
Systems
- Energy source
- Natural Gas
- Power production
- Natural Gas
- Irrigation water rights
- No
New construction
- Square footage source
- Realist
- Lot size source
- Realist
Manufactured home
- Land lease
- No
Neighborhood mobility
Walk, bike & transit scores
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
Schools
Ratings via SchoolDigger- Anderson Island ElementaryPublic · Grades PK-3 · 7.8 mi—
- Angelo Giaudrone Middle SchoolPublic · Grades 6-8 · 6.1 mi · State rank 474 of 5342/10
- Acceleration AcademyPublic · Grades 9-12 · 5.9 mi—
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Sales & Tax Records for 8316 121st Street SW
NWMLS via MLS GridEvery 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.
- Aug 24, 2026SoldNWMLS via MLS Grid · #2555889$424,000$319/sq ft
- Jul 30, 2026PendingNWMLS via MLS Grid · #2555889$399,000$300/sq ft
- Jul 19, 2026ListedNWMLS via MLS Grid · #2555889$399,000$300/sq ft
- May 31, 2018SoldNWMLS via MLS Grid · #1280239$272,700$205/sq ft
- Apr 27, 2018PendingNWMLS via MLS Grid · #1280239$255,000$192/sq ft
- Apr 25, 2018ListedNWMLS via MLS Grid · #1280239$255,000$192/sq ft
Market pulse
Lakewood is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 50 days.
Recent sales nearby
Within 1 mile · last 6 months$400,000 Sold
2 days 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
$585,000 Sold
1 week 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
0.4 mi
Distance
$480,000 Sold
2 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
0.6 mi
Distance
$560,000 Sold
3 weeks ago
3 bd•1.75 ba•~1,268 sq ft•Single Family
8708 114th Street Ct SW, Lakewood, WA 98498
1%
Under list
36
Days on market
0.5 mi
Distance
$590,000 Sold
4 weeks ago
3 bd•2 ba•~1,868 sq ft•Single Family
8428 Veterans Drive SW, Lakewood, WA 98498
1%
Over list
75
Days on market
0.2 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
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 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.
HO
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