$498,750
Est. $2,591/mo2 bd•1 ba•1,300 sq ft
15202 Washington Avenue Sw, Lakewood, WA 98498
• Listed 2026-09-02•7 days on market
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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.
Listed by Shelly McCombs • Pellego, Inc.
Listing updated: September 3, 2026 at 05:02am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2577497
15202 Washington Avenue 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
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.
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Lakewood 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 13 days.
$293,000 Sold
6 days ago
2 bd•1 ba•~756 sq ft•Single Family
15406 Grant Avenue Sw, Lakewood, WA 98498
4%
Under list
—
Days on market
0.1 mi
Distance
$135,000 Sold
1 week ago
•Single Family
0 Xx Grant Avenue Sw, Lakewood, WA 98498
13%
Under list
—
Days on market
0.6 mi
Distance
$395,000 Sold
3 months ago
2 bd•1 ba•~784 sq ft•Single Family
14607 Union Avenue, Lakewood, WA 98498
1%
Over list
—
Days on market
0.4 mi
Distance
$305,000 Sold
3 months ago
2 bd•0.75 ba•~621 sq ft•Single Family
14413 Portland Ave Sw, Lakewood, WA 98498
2%
Over list
—
Days on market
0.6 mi
Distance
$2,100,000 Sold
4 months ago
•Single Family
14312 Thorne Lane Sw #15, Lakewood, WA 98498
23%
Under list
—
Days on market
0.4 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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 3, 2026 at 05:02am (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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Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
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Open Sat, Sep 12
Open Wed, Sep 165:00 PM – 7:00 PM
$640K4 bd · 2.5 ba · 3,246 sqft
10702 Hill Terrace Sw Terrace Sw, Lakewood, WA 98498
$489,000
-$9,750 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $398K and $575K.
Rental earnings
$1,475/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$410,000Last sold price
15306 Grant Avenue Sw, Lakewood, WA 98498
$575,000Last sold price
12614 Naomilawn Drive 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.
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