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$639,950

Reduced $35,050 — was $675,000

8406 Paine Street

Lakewood, WA 98499

Active
Territorial view

Beds

5

Baths

3

Sq Ft

2,834

Lot

0.38 ac

Year built

1941

Type

Residential

Days listed

71

MLS #

2542818

About this home

Exceptional and truly one-of-a-kind property offering a rare combination of space, flexibility, and functionality. Situated on a large lot with the added benefit of a private well, this home features generously sized rooms throughout, providing a comfortable and open living environment. The spacious primary suite is conveniently located on the main level, offering ease of access and privacy. A centrally located bonus room serves as an ideal gathering space for entertaining guests, hosting events, or creating a recreation area. The upper level includes a bedroom, a finished bonus room, a ¾ bathroom, and a full kitchen. This versatile space can be utilized as an additional dwelling unit, offering excellent potential for multi-generational living or guest accommodations. Outside, you'll find detached parking and an impressive oversized workshop, perfect for hobbyists, craftspeople, vehicle enthusiasts, or anyone in need of substantial workspace and storage. The home also features a partial unfinished basement with a second fireplace, providing additional storage and future expansion possibilities. Conveniently located near shopping, dining, schools, and major transportation routes, this unique property offers endless opportunities to make it your own.

Interior features

Second KitchenSecond Primary BedroomBath Off PrimaryDbl Pane/Storm WindowDining RoomFireplaceFireplace (Primary Bedroom)SaunaSkylight(s)Water Heater

Exterior features

BrickWood

Appliances

DishwasherDryerRefrigeratorStove(s)/Range(s)Washer

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating
Forced Air
Cooling
None
Flooring
Engineered Hardwood, Vinyl, Carpet
Parking
Detached Carport, Driveway, Off Street, RV Parking
View
Territorial
Lot
Paved
Water source
Individual Well
Sewer
Sewer Connected
Levels
Two
Fireplaces
3

Costs

Price / sq ft
$226
Annual taxes
$5,823 (2025)

Estimate your monthly payment

$3,721/mo

Principal & interest
$3,236
Property taxes
$485
Loan amount $511,960

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 98499

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Redfin— Graham Raymond Northcott.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.

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