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Lakewood, WA, 98498 • Lake City • Pierce County
$220/sqft
-$50,000 since Mar 31, 2026
Down payment assistance available
6Beds
4Baths
5,884Sqft
0.65 acLot
1932Built
Waterfront Property
Lake, No Bank
Lake Views
Lake
1 1/2 Stry w/Bsmt Style
Built 1932 · 94 years of history
American Lake
Lake City
Outdoor Living
Bath Off Primary · Dbl Pane/Storm Window · Dining Room · Fireplace · Water Heater
1 Fireplace
Wood Burning · Main Level: 1 · Fireplace
Special Features
ADU Beds: 2 · ADU Baths: 1
Garage
Attached Carport · Attached Garage · RV Parking
This home is getting attention
Listed 32 days ago · 2,929 views · 88 saves
Demand and pricing signals for this listing
2,929 views
People checking out this listing
88 saves
Buyers have saved this home
32 days on market
Established listing
$220/sqft
Price per square foot
This home ranks in the top 41% of listings most likely to go under contract soon, based on market activity and demand signals.
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Single Family · Built 1932 · Historic
Gorgeous American Lake Waterfront Parcel with two homes on it! Value is in the land and rental income while remodeling or tearing down the original home in average condition. Amazing, sunny southward facing approx. 120 ft of no bank lakefront with a dock! The sprawling home has over 4100 sq. ft. of space, with views from all the main rooms across the home facing south, as well as a nice deck & large patio overlooking the lake and lovely Mt Rainier views. Large rustic beamed living room, white kitchen, bonus family room and the primary BR make up the main floor. Upstairs is two generous bedrooms & a bath, plus an unfinished space that could be another bath? Downstairs boasts the 4th BR, a spacious rec room & another 3/4 bath. Just past the deck is the large lawn leading down to the no bank gravel beach, dock and storage cabana near the shore... it's dreamy! There's a two car carport, an upper garage that is currently a shop, and a lower garage on the east of the home. There is separate 884 square foot, 2 BR, 1 BA home built in 1941 facing American Ave that is a part of this parcel. It should rent for $2000 a month. The total land parcel is .64 acres, with a long paved driveway leading down to the main home. Simply a lovely piece of American Lake Waterfront!
Standout features identified
Our analysis highlights white kitchen, two car carport, and bonus family room as key attractions of this home.
Based on current rates
Est. 6.18% rate · 30yr fixed · $1,036,000 loan
Full calculator →Key facts and listing details
13 categories of property features
15 rooms detailed
Master Bedroom
MainBedroom
SecondBedroom
SecondBedroom
LowerBathroom Full
MainBathroom Full
SecondMarket data and value estimates
3 schools rated nearby
Lakewood, WA, 98498
2 events
Local context around this listing
Lakewood, WA • Pierce County
Nearby neighborhoods
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-07 04:23:27 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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