Pending11d on market
14312 Thorne Lane SW #15
Lakewood, WA, 98498 • Tillicum • Pierce County
$2,725,000
$353/sqft
1Beds
1Baths
7,716Sqft
0.41 acLot
1999Built
Property DNA
Waterfront Property
Lake
Lake Views
Lake
5-9 Units Style
Built 1999 · 27 years of history
American Lake
Tillicum
Market activity
Demand and pricing signals for this listing
130 views
People checking out this listing
11 days on market
Recently listed
$353/sqft
Price per square foot
About this home
Multi Family · Built 1999
Opportunities like this are rare. Welcome to American Lake, where legacy meets potential. This 9-unit waterfront multifamily property is ready for its next chapter. Featuring four 1-bedroom standalone cottages, a fourplex offering 2-bedroom units, and a private waterfront home, this one-of-a-kind offering combines character, flexibility, and income potential. Current rents are below market, providing strong upside for investors. Enjoy direct lake access with on-site watersport storage, an enormous dock, and surplus parking. Whether you choose to hold long-term, convert to luxury short-term rentals, or owner-occupy and build community, this property delivers. Western exposure ensures unforgettable sunsets over the water. Greet location!
Standout features identified
Our analysis highlights surplus parking, enormous dock, and direct lake access as key attractions of this home.
Estimated monthly payment
Based on current rates
$16,968/month
Principal & Interest$13,335
Property Tax$2,725
Insurance$908
Down payment20% ($545,000)
3%50%
Est. 6.19% rate · 30yr fixed · $2,180,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1999
HeatingForced Air, Electric, Natural Gas
CoolingNone
Parking12 Parking spaces
Days on Zillow11 Days
Price/sqft$353
Property
Home typeMulti Family
Sub-typeMulti Family
Style5-9 Units
Year built1999
Systems
HeatingForced Air, Electric, Natural Gas
CoolingNone
RoofComposition
ConstructionWood Siding, Wood Products
Water / SewerIndividual Well / Septic Tank
Parking & Outdoor
Lot0.41 Acres
Location & Tax
NeighborhoodTillicum
Annual tax$21,758
Parcel0219164022
Features & details
6 categories of property features
Interior Features
Flooring
Laminate
Vinyl Plank
Heating
Forced Air
Electric
Natural Gas
Cooling
None
Exterior Features
Construction
Wood Siding
Wood Products
Lot Features
Adjacent to Public Land
Corner Lot
Boat House
Dock
Fenced-Partially
Gas Available
Outbuildings
Patio
Views
Lake
Listing insights
Market data and value estimates
StatusPending
Days on market11
Est. value$2,686,200
Est. rent$1,624/mo
Tax rate0.88%
Price/sqft$353
On marketSep 13, 2025
PostedMar 27, 2026
MLS statusPending Inspection
MLS updatedMar 30, 2026
Tour days6
Views130
How are the schools in Lakewood?
3 schools rated nearby
Location
Lakewood, WA, 98498
Price history
2 events
DateEventPrice$/sqftSource
Mar 27, 2026Pending Sale$2,725,000$353NWMLS as distributed by MLS GRID
Mar 27, 2026Listed For Sale$2,725,000$353NWMLS as distributed by MLS GRID
Pending Sale$2,725,000
Mar 27, 2026•$353/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$2,725,000
Mar 27, 2026•$353/sqft•NWMLS as distributed by MLS GRID
Nearby homes
Neighborhood details
Local context around this listing
Lakewood, WA • Pierce County
Nearby neighborhoods
Carter LakeCusterDowerIdlewildLake LouiseLakeviewOakbrookOakwoodPark LodgeTyee Park
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
98438984399849398496984979849898499
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Based on information submitted to the MLS GRID as of 2026-04-07 09:13:30 PDT. 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. [Click here for more information](/mls-disclaimers/#39)
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