$480,000
Listed at $520,0005 bd•3.5 ba•2,974 sq ft
12703 Vernon Avenue SW, Lakewood, WA 98498
• Listed Sep 4, 2026
RexMont Market Signal for 12703 Vernon Avenue SW
Sold price on recordRexMont Market Signal $480,000
Closed sale price · as of September 22, 2026, the day it sold.
Market Signal since the sale
$507,416
Likely $391,882 – $588,451 · solid read · as of November 1, 2026
Estimate, not an appraisal.
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.
Your home value, prepared by the designated broker
Prepared by Adriano ToriFounder & Designated Broker · WA Lic. #27660Own a home near 12703 Vernon Avenue SW? This sale moved its value.
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Watching: Lakewood $385K–$575K · 5+ bd
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Listing Broker: John L. Scott, Inc.; Spencer Gray; 253-222-6048; spencergray@johnlscott.com
Buyer Broker: Windermere Central Sound
About this home
Create Your Dream Home by American Lake! A blank canvas in a prime location, this spacious 5-bedroom, 3.5-bath home offers 3,262 sq ft of opportunity just steps from American Lake Park and the boat launch. Largely original and ready for your vision, this property is an exciting chance to transform a well-sized home into something truly special in one of Lakewood’s sought-after lake areas. The main level offers generous living spaces and room to reimagine the layout, finishes and functionality to fit your lifestyle. The large .22-acre lot provides space for outdoor living, gardening, entertaining and more. Best of all, there’s no HOA, giving you greater flexibility to make the property your own. The basement adds exceptional versatility with a potential multifamily or ADU-style setup featuring 1 bedroom, living room, full bathroom, full kitchen and washer/dryer connections, plus additional unfinished space offering even more potential. Whether you envision multigenerational living, guest accommodations, rental income or a private retreat, the possibilities are worth exploring. Enjoy easy access to American Lake Park, the boat launch, recreation, shopping and JBLM. Bring your contractor and determine the possibilities! Sold As Is, May Need A Rehab Loan For Conventional Financing, Offer Review 9/14/26 @ 9am.
Listed by Spencer Gray • John L. Scott, Inc.
Listing updated: September 23, 2026 at 02:43pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2577615
Around this home
Property details
Interior features
- Second Kitchen
- Bath Off Primary
- Dining Room
- Fireplace
- Water Heater
- 2 fireplaces (wood burning)
- Partially Finished basement
Kitchen
- Dishwasher
- Refrigerator
Bedrooms
- 5 bedrooms total
- 4 upstairs
- 1 on the lower level
Bathrooms
- 3 full bathrooms
- 1 half bathroom
- 3.5 bathrooms total (NWMLS count)
- 1 on the main level
Layout
- 2 Stories w/Bsmnt
- 2,974 sq ft finished, 288 sq ft unfinished
- 554 sq ft garage
Flooring
- Vinyl
- Carpet
Heating & cooling
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDiggerLakewood School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · 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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Level
- Zoning jurisdiction
- City
- Faces
- West
Systems
- Energy source
- Electric,Wood
- Power production
- Electric, Wood
- Water heater
- Electric
- Water heater location
- Basement
- Power company
- PSE
- Water company
- Lakewood Water District
- Sewer company
- Pierce County
- Garbage service
- Waste Management
- Irrigation water rights
- No
Rooms & extras
- Bathtubs
- 3
- Showers
- 3
- Fireplaces on main
- 1
- Fireplaces lower level
- 1
- Excluded items
- No
New construction
- Construction methods
- Standard Frame
- Square footage source
- Appraisal
- Lot size source
- County
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 12703 Vernon Avenue SW
NWMLS via MLS Grid · Pierce County AssessorEvery 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.
- Sep 22, 2026SoldNWMLS via MLS Grid · #2577615$480,000$161/sq ft
- Sep 15, 2026PendingNWMLS via MLS Grid · #2577615$520,000$175/sq ft
- Sep 4, 2026ListedNWMLS via MLS Grid · #2577615$520,000$175/sq ft
Market pulse
Lakewood is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 68 days.
Recent sales nearby
Within 1 mile · last 6 months$535,000 Sold
3 days ago
3 bd•1.75 ba•~2,273 sq ft•Single Family
8123 Veterans Drive SW, Lakewood, WA 98498
4%
Under list
115
Days on market
0.7 mi
Distance
$2,950,000 Sold
4 days ago
3 bd•3 ba•~3,892 sq ft•Single Family
13001 Avenue Dubois SW, Lakewood, WA 98498
6%
Under list
51
Days on market
0.6 mi
Distance
$400,000 Sold
5 weeks 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
6 weeks 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
0.8 mi
Distance
$412,600 Sold
2 months ago
3 bd•2 ba•~2,042 sq ft•Single Family
11222 92nd Avenue Ct SW, Lakewood, WA 98498
8%
Under list
66
Days on market
0.9 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 Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 9, 2026 at 11:35 AM PT (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.
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