RexMont
← Back to search results/Lakewood, WA/8823 121st Street SW
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Listed by Stephanie Gurden • Keller Williams Realty.
FOR SALE

$699,950

Est. $3,877/mo

Price reduced $15,050 from the original $715,000 asking price

4 bd•2.5 ba•1,759 sq ft

8823 121st Street SW, Lakewood, WA 98498

• Listed Aug 12, 2026•39 days active · 39 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Keller Williams Realty; Stephanie Gurden; 253-970-0321; stephanie@homecollectivenw.com

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Listing Broker: Keller Williams Realty; Stephanie Gurden; 253-970-0321; stephanie@homecollectivenw.com

About this home

Spectacular new construction by Cascadia Homes, where thoughtful design meets elevated coastal modern living. Custom grand foyer ft. wrought iron railing, crown molding, 9' ceilings & custom bench w/coat hooks. Open-concept great rm showcases floor-to-ceiling Italian tile FP surround & electric FP w/custom light & sound. Chef-inspired kitchen boasts quartz counters, full-height quartz backsplash, two-tone soft-close cabinetry, custom crown molding, under-cabinet lighting, glass display cabinet w/custom lighting, pantry & SS appliances. Stylish powder bath w/quartz counters, black ceramic vessel sink & tile accent wall. Upstairs offers 4 generously sized bedrooms, w/ductless mini-split & TV/internet wiring, plus convenient laundry w/quartz folding cabinet. Luxurious primary suite features custom board-and-batten accent wall, mini-split & TV/internet wiring. 5-piece ensuite w/dual quartz vanities, custom tile, tiled walk-in shower, soaking tub w/waterfall faucet & WIC w/automatic lighting. Recirculating water pump in primary for faster hot water. Ductless mini-splits throughout, wood-wrapped main-floor windows & designer finishes. Fully landscaped & fenced backyard w/extended patio. 50-year composition roof. 2-car garage w/limousine glass doors, motion lighting, EV charger & smart camera modem. Minutes to American Lake, JBLM, Steilacoom, freeways & Lakewood Towne Center. Large park across the street. No HOA! *Preferred lender is offering 1% lender credit for CC/rate buydown*

Property type
Single Family
Year built
2026
Interior
1,759 sq ft
Lot size
0.0964 acres
Parking
2-car garage
Price / sq ft
$398
HeatingDuctless
CoolingDuctless
Property taxes$1,338/yr (est.)
School districtClover Park

Listed by Stephanie Gurden • Keller Williams Realty

Listing updated: September 22, 2026 at 06:39pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2567854

Around this home

RexMont OfferEdge™

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8823 121st Street SW, Lakewood, WA 98498

List price
$699,950
Down payment
$139,990

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Interior features

  • Bath Off Primary
  • Dining Room
  • Fireplace
  • High Tech Cabling
  • Triple Pane Windows
  • Walk-In Closet(s)
  • Water Heater
  • Fireplace (electric)

Kitchen

  • Dishwasher
  • Microwave
  • Refrigerator
  • See Remarks
  • Stove(s)/Range(s)

Bedrooms

  • 4 bedrooms total
  • 4 upstairs

Bathrooms

  • 2 full bathrooms
  • 1 half bathroom
  • 2.5 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 2 Story
  • 1,759 sq ft finished
  • 414 sq ft garage

Flooring

  • Vinyl Plank

Heating & cooling

  • Ductless heating
  • Ductless cooling

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level
Zoning jurisdiction
City

Systems

Energy source
Electric
Power production
Electric
Water heater
Electric
Water heater location
Garage
Power company
PSE
Water company
Lakewood Water District
Sewer company
Pierce County Sewer
Irrigation water rights
No

Rooms & extras

Bathtubs
2
Showers
2
Fireplaces on main
1
Excluded items
Yes

New construction

New construction state
Completed
Estimated completion
Aug 12, 2026
Builder
Cascadia Homes
Square footage source
Public records
Lot size source
Public Records
Effective year built source
See Remarks

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

Clover Park School District

  • Lake Louise Elementary School
    Public · Grades PK-5 · State rank 746 of 1,138
    4/10
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · Grades High
    —

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.

Sales & Tax Records for 8823 121st Street SW

NWMLS via MLS Grid

Every 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.

  1. Sep 23, 2026
    Price reduced
    NWMLS via MLS Grid · #2567854
    $699,950
    $398/sq ft
  2. Aug 12, 2026
    Listed
    NWMLS via MLS Grid · #2567854
    $715,000
    $406/sq ft
  3. Apr 30, 2025
    Sold
    NWMLS via MLS Grid · #2316974
    $121,000
    $69/sq ft
  4. Jan 8, 2025
    Pending
    NWMLS via MLS Grid · #2316974
    $130,000
    $74/sq ft
  5. Dec 17, 2024
    Listed
    NWMLS via MLS Grid · #2316974
    $130,000
    $74/sq ft

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$4,164 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Keller Williams Realty; Stephanie Gurden; 253-970-0321; stephanie@homecollectivenw.com

Market pulse

Lakewood is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • 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

    0.1 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

    0.3 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

    0.5 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

    0.4 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

    0.3 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?

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 22, 2026 at 06:39pm (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.

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