$489,950
Est. $2,595/mo3 bd•1.75 ba•1,560 sq ft
7515 97th Avenue Sw, Lakewood, WA 98498
• Listed 2026-09-11•4 days on market
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Incredible opportunity awaits in Lakewood’s highly sought-after Oakbrook neighborhood! Situated within the historic Steilacoom School District, this classic 1,560 sq ft rambler delivers single-level living with outstanding potential. Featuring 3 bedrooms and 1.75 baths, the home boasts great bones and valuable recent improvements, including a brand-new roof and stylish updated flooring. Step inside to a bright, light-filled layout with large windows that welcome abundant natural sunshine. The inviting living room centers around a cozy fireplace, creating the perfect space to unwind. While the home retains much of its original charm, it offers an exceptional blank canvas to personalize, update, and build instant equity over time. Outside, the generous 8,250 sq ft lot provides ample space for gardening, entertaining, or outdoor play. Even better, the property sits right next to the neighborhood park, giving you expansive green space and recreation right at your doorstep without the maintenance. Whether you are a first-time homebuyer looking to establish roots in a prime Pacific Northwest community or an investor seeking a high-upside rental or remodel project, this property checks every box. Enjoy convenient access to local shopping, dining, parks, golf and major commuter routes. Priced to sell and brimming with possibilities—bring your vision and make this beloved rambler your own today!
Listed by Jenah Mahan • Gateway Real Estate
Listing updated: September 14, 2026 at 02:02pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2580582
7515 97th 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
Steilacoom Historica 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.
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,166 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
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 7 days.
$620,000 Sold
2 months ago
3 bd•2.25 ba•~2,180 sq ft•Single Family
8401 Amber Drive Sw, Lakewood, WA 98498
4%
Under list
—
Days on market
0.7 mi
Distance
$630,000 Sold
3 months ago
4 bd•2.25 ba•~1,918 sq ft•Single Family
9814 Onyx Drive Sw, Lakewood, WA 98498
0%
Over list
—
Days on market
0.2 mi
Distance
$990,000 Sold
4 months ago
4 bd•2.5 ba•~2,960 sq ft•Single Family
9926 71st Street Sw, Lakewood, WA 98498
10%
Under list
—
Days on market
0.4 mi
Distance
$782,000 Sold
4 months ago
4 bd•2.25 ba•~3,483 sq ft•Single Family
7725 91st Avenue Sw, Lakewood, WA 98498
2%
Under list
—
Days on market
0.4 mi
Distance
$799,900 Sold
5 months ago
4 bd•2.75 ba•~3,221 sq ft•Single Family
9802 Onyx Drive Sw, Lakewood, WA 98498
2%
Under list
—
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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 14, 2026 at 02:02pm (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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (8)
See more →
Open Sat, Sep 19 +1
Open Sat, Sep 19
Open Sat, Sep 19 +1
Open Sat, Sep 19
Open Sat, Sep 19$566,000
+$76,050 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $457K and $600K.
Rental earnings
$1,700/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$501,250Last sold price
7104 91st Avenue Ct Sw, Lakewood, WA 98498
$480,000Last sold price
8803 Terrace Road Sw, Tacoma, 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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