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Listed by Shelly McCombs • Pellego, Inc..
FOR SALE

$498,750

Est. $2,763/mo

2 bd•1 ba•1,300 sq ft

15202 Washington Avenue SW, Lakewood, WA 98498

• Listed Sep 2, 2026•392 days active · 392 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Pellego, Inc.; Shelly McCombs; 253-380-2307; shelly@VibrantHomeRealEstate.com

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Listing Broker: Pellego, Inc.; Shelly McCombs; 253-380-2307; shelly@VibrantHomeRealEstate.com

About this home

Over 1 acre with exciting potential for future development and additional housing opportunities. The solid 2-bedroom, 1-bath brick bungalow offers 1,300+ sq. ft. of finished living space, plus approximately 800 sq. ft. of unfinished space, and includes a detached 2 car garage. Ideally situated at the front of the parcel, the home leaves a substantial portion of the property available for potential additional homes, duplexes, or other residential development. The property is fully fenced, and the existing home is in good condition. Sold as-is through an estate sale. Ideally located near JBLM, I-5 corridor improvements, shopping, schools, parks within walking distance, and nearby lakes. Future area improvements include a Sounder station and a 1.3-mile shared-use trail connecting Tillicum and Lakewood, expected to open in late 2026. A rare opportunity to acquire over an acre in a high-demand area with significant future development and income-producing potential. Buyer to independently verify all information, zoning, permits, development potential, and applicable requirements with the City of Lakewood and Pierce County to their satisfaction.

Property type
Single Family
Year built
1947
Interior
1,300 sq ft
Lot size
1.098 acres
Parking
2-car garage
Price / sq ft
$384
HeatingForced Air, See Remarks
CoolingNone
Property taxes$477/yr (est.)
School districtClover Park

Listed by Shelly McCombs • Pellego, Inc.

Listing updated: September 29, 2026 at 03:27pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2577497

Around this home

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15202 Washington Avenue SW, Lakewood, WA 98498

List price
$498,750
Down payment
$99,750

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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

  • Dining Room
  • Fireplace
  • Water Heater
  • 2 fireplaces (gas)
  • Daylight, Partially Finished basement

Kitchen

  • Dryer
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 1 full bathroom
  • 1 on the main level

Layout

  • 1 Story w/Bsmnt.
  • 1,300 sq ft finished, 800 sq ft unfinished
  • 400 sq ft garage

Flooring

  • Hardwood
  • Vinyl

Heating & cooling

  • Forced Air heating
  • See Remarks heating
  • None cooling

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level
Vegetation
Fruit Trees, Garden Space

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Water heater
Gas
Water heater location
Basement
Power company
PSE
Water company
Lakewood Water
Sewer company
Septic
Irrigation water rights
No

Rooms & extras

Fireplaces on main
1
Fireplaces lower level
1

New construction

Square footage source
Roughly Measured
Lot size source
Public Record
Effective year built source
Public Records

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

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 15202 Washington Avenue 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 2, 2026
    Listed
    NWMLS via MLS Grid · #2577497
    $498,750
    $384/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

$2,928 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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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: Pellego, Inc.; Shelly McCombs; 253-380-2307; shelly@VibrantHomeRealEstate.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
  • $720,000 Sold

    3 days ago

    •Single Family

    14822 woodlawn St SW, Lakewood, WA 98498

    9%

    Under list

    153

    Days on market

    0.3 mi

    Distance

  • $410,000 Sold

    2 weeks ago

    3 bd•1 ba•~1,264 sq ft•Single Family

    15205 Grant Avenue SW, Lakewood, WA 98498

    4%

    Under list

    103

    Days on market

    0.1 mi

    Distance

  • $293,000 Sold

    5 weeks ago

    2 bd•1 ba•~756 sq ft•Single Family

    15406 Grant Avenue SW, Lakewood, WA 98498

    4%

    Under list

    213

    Days on market

    0.1 mi

    Distance

  • $135,000 Sold

    6 weeks ago

    •Single Family

    0 XX Grant Avenue SW, Lakewood, WA 98498

    13%

    Under list

    308

    Days on market

    0.6 mi

    Distance

  • $209,950 Sold

    6 weeks ago

    2 bd•1.5 ba•~736 sq ft•Single Family

    8506 Lake Street SW, Lakewood, WA 98498

    8%

    Over list

    26

    Days on market

    0.5 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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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 29, 2026 at 03:27pm (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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