15202 Washington Avenue Sw

Lakewood, WA
$ 498,750 Beds 2 Baths 1 Sq 1,300
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 498,750
  • City
  • Lakewood
  • Bedrooms
  • 2
  • Full Bathrooms
  • 1
  • County
  • PIERCE
  • Half Bathrooms
  • 0
  • Area
  • Lakewood-Tillicum
  • Lot Size
  • 1.098 Acres
  • Zip
  • 98498
  • Sqr Footage
  • 1,300
  • Year Built
  • 1947
  • Taxes
  • $ 477
  • Style
  • 1 Story w/Bsmnt.
  • MLS#
  • 2577497
Listed By: Pellego, Inc. and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Living Area 1300
Sewer Septic Tank
Heating Forced Air,See Remarks
Cooling None
Possession Closing
Roof Composition
Appliances Dryer,Refrigerator,Stove(s)/Range(s),Washer
Security Features Fully Fenced
Year Built 1947
View Territorial
Topography Level
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Pierce
New Construction No
Property Type Residential
HOA No
Attached Garage No
Subdivision Name Tillicum
Garage Y/N Yes
Full Baths 1
Special Listing Conditions None
Status Active
Directions From Tacoma Ave S,L on S 25th St,R on Pacific Ave,R lane to I-5S - Take Exit 122A-122B - Take Union Ave SW to Washington Ave SW.
High School Clover Park High
City Lakewood
Entry Location Main
Senior Community Y/N No
High School District Clover Park
MLS Area 41 - Lakewood/Tillicum
Lot Size Units Square Feet
Lot Size Square Feet 47827
Carport Y/N No
Listing Terms Cash,Conventional,FHA,VA Loan
Elementary School Tillicum Elem
Land Lease Y/N No
Tax Annual Amount 477
Middle/Junior High School Buyer To Verify
Public Remarks 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 approxim
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Lakewood Water
Property Style 16 - 1 Story w/Bsmnt.
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Dining Room,Fireplace,Water Heater
Basement Daylight,Partially Finished
Flooring Hardwood,Vinyl
Total Fireplaces 2
Fireplace Features Gas
Air Conditioning Y/N No
Heating Y/N Yes
Fireplace Y/N Yes
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 1
Bedrooms Possible 2
Water Heater Type Gas
Water Heater Location Basement
Fireplaces Main 1
Fireplaces Lower 1
Power Production Type Electric,Natural Gas
Baths Full Main 1
Bathrooms 1

Exterior Features

Exterior Amenities Brick
Vegetation Fruit Trees,Garden Space
Parking Features Detached Garage,RV Parking
Lot Features Paved,Sidewalk
Water Source Public
Total Parking 2
Inclusions Dryer(s),Leased Equipment,Refrigerator(s),Stove(s)/Range(s),Washer(s)
Foundation Details Poured Concrete
Building Area Total 2100
Lot Size Acres 1.098
Waterfront Y/N No
Covered Spaces 2
Irrigation Water Rights Y/N No
Site Features Fenced-Fully,Gas Available,RV Parking

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Vancouver, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Tillicum Elem
Middle School Buyer To Verify Middle School
High School Clover Park High

Price History

9/3/2026 Listed $498,750

Property vs Zip Code Average in 98498

Price
AVG $760K
$500K
Taxes
AVG $5,850
$477
Year Built
AVG 1972
1947
Visits
AVG 221
40
Data Provided by Inside Real Estate®

Areas That We Cover

15202 Washington Avenue Sw Lakewood, WA is a Single Family Home for sale at $498750 with 1300 sqft and a lot size of 1.098 Acres Acre(s). 15202 Washington Avenue Sw Lakewood has 2 bedrooms, 1 baths and was built in 1947. The property's zip code is 98498 which is in Lakewood, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.