About this home

Motivated Seller ~ What's your offer? ~ Attention Developers and Investors: Prime 1.12-acre development opportunity on a main arterial with R4 zoning—potential for up to 17 units! Ideal for investors and builders, this level, wooded parcel offers dual access from both Washington Blvd and Moreland, maximizing design flexibility and access. Existing structures include 2 homes, carports, and a large shop—perfect for staging, planning, or rental income during permitting. Don’t miss this rare chance to unlock serious value in a growing area!

Interior features

Water Heater

Exterior features

Wood

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating: Forced Air
Cooling: None
Flooring: Hardwood
Parking: Detached Carport, Driveway, Detached Garage, Off Street, RV Parking
Lot: Alley, Dead End Street, Paved, Sidewalk, Value In Land
Water source: Public
Sewer: Available, Sewer Connected
Levels: Two

Costs

Price / sq ft: $487
Annual taxes: $4,454 (2025)

Estimate your monthly payment

$4,871/mo

Principal & interest: $4,500
Property taxes: $371

Down payment (20%) $178,000 Interest rate (%) Loan term (years)

Loan amount $712,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Lakewood, WA 98498

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Windermere Prof Partners— Steve McNamer.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

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