Lakewood Homes under $500,000

Welcome to Lakewood, Washington – a vibrant community nestled in the heart of Pierce County, just a stone's throw from the stunning landscapes of Mount Rainier. This charming city offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike.

Lakewood is known for its picturesque parks, including the expansive Fort Steilacoom Park, where residents can enjoy walking trails, picnicking, and even horseback riding. The area boasts a rich cultural tapestry, with a variety of local events and festivals that bring neighbors together. With a strong sense of community, Lakewood is a place where you can truly feel at home.

For those seeking affordable housing options, Lakewood has a diverse selection of homes available for under $500,000. Whether you're looking for a cozy bungalow, a modern townhouse, or a spacious family home, Lakewood offers a range of properties that cater to various lifestyles and budgets. These homes often feature beautiful yards, inviting interiors, and easy access to local amenities, making them perfect for first-time buyers or those looking to downsize.

In addition to its affordable housing, Lakewood is conveniently located near major highways, making commutes to nearby cities like Tacoma and Seattle a breeze. With top-rated schools, shopping centers, and recreational activities at your fingertips, Lakewood is the perfect place to plant your roots and enjoy the best that Washington has to offer. Come explore Lakewood – your dream home awaits!

Newest Lakewood Homes under $500,000

$449,950

3 Beds ⋅ 2 Baths ⋅ 2591492 MLS ⋅ ACTIVE Status

Welcome home to this inviting 3-bedroom, 2-bath home in Lakewood! Conveniently located near JBLM, shopping, dining, and everyday amenities, this home offers a great combination of comfort and accessibility. With a functional layout and plenty of opportunity to make the space your own, this property is ready for its next owner. Come see all this Lakewood home has to offer!

11415 Holden Road SW, Lakewood

Listing Broker: Skyline Properties, Inc.; Arron Carr; 253-883-9421; arron@skylineproperties.com

$450,000

3 Beds ⋅ 2 Baths ⋅ 2591420 MLS ⋅ ACTIVE Status

A European-inspired design on a rare, flat 8,500-square-foot lot in one of Lakewood's most sought-after neighborhoods. Clean lines, minimalist finishes, and thoughtful design throughout—nothing overdone. This is the kind of home that doesn't try too hard because it doesn't have to. Step inside and the vaulted ceilings make an immediate impression, creating an open, airy feel that makes the 1,092 square feet live much larger than expected. The primary suite is a true retreat, featuring a spacious bedroom, a private full bath, and the kind of separation that just makes sense. Outside, meticulous landscaping and a sleek modern fence surround the property, offering the rare combination of standout curb appeal and genuine privacy. The backyard is flat, expansive, and perfectly suited for entertaining, relaxing, or simply enjoying the outdoors. Complete with a two-car garage and located in a neighborhood where pride of ownership is evident, this is a home that delivers style, comfort, and a setting that's increasingly hard to find.

8102 Oakridge Drive SW, Lakewood

Listing Broker: Pellego, Inc.; Nikita Krivorak; 760-818-6914; nikita@cityhometeam.com

$495,000

3 Beds ⋅ 2 Baths ⋅ 2589126 MLS ⋅ ACTIVE Status

This updated 3-bedroom, 1.5-bath home offers thoughtful touches throughout, including luxury vinyl plank flooring throughout and recently updated bathrooms. The dining room features a wood-burning fireplace, while the living room has a gas fireplace and opens to a fully covered patio. Outside, the fully fenced backyard offers mature landscaping, an outbuilding, and a wood-burning fire pit for gatherings. A gas fire pit can also be included.The kitchen features a farmhouse sink, butcher block countertops, and cabinets that have been completely refinished and refaced. Other updates include a tankless water heater, a Mr. Cool heat pump with two heads, three sun tube skylights for extra nature light, and a one-year-old Samsung all-in-one washer/dryer. The spacious primary bedroom has a remodeled custom closet with a half bath. Another bedroom includes a built-in Murphy bed.The roof is approximately six years old, and the large driveway leads to an attached two-car garage. Conveniently located near Joint Base Lewis-McChord, parks, and other amenities, this home has details best appreciated in person—come take a look!

10415 110th Street SW, Lakewood

Listing Broker: Brightline Realty; Jennifer Martirosian; 253-732-3977; jennfarrell@gmail.com

$394,000

2 Beds ⋅ 1 Baths ⋅ 2585063 MLS ⋅ ACTIVE Status

Finally! That huge, level lot you have been looking for! 15,000 sq ft (0.344 Acres!) in R4 zoning in quiet neighborhood close to Steilacoom Lake! Legacy home features two bedrooms, full hall bath, open-concept living room & dining room, kitchen with south-facing breakfast nook for added morning light, inside utility room and large carport! Also, 304 sf ft outbuilding! Need a large off-street parking area? Need to build a large workshop? Need to build an ADU? Welcome Home!

10019 Oak Lane SW, Lakewood

Listing Broker: RE/MAX Northwest; Eric Herbel; 253-988-6262; ericherbel@remax.net

$389,000

3 Beds ⋅ 2 Baths ⋅ 2586337 MLS ⋅ ACTIVE Status

Bring your design ideas and sweat equity to this classic 1955 single-level home, perfectly positioned on a generous 9,500-square-foot lot. Offering 1,235 square feet of comfortable living space, this property features 3 bedrooms, 1.5 bathrooms, and wonderful mid-century character waiting to be shined up. Step inside to discover hardwood floors running through most of the main living areas, complemented by a a cozy wood-burning fireplace in the oversized living room. The dining room flows seamlessly outdoors through large sliding glass doors, opening up to a spacious, fully-fenced backyard that is ready for gardening, pets, or weekend gatherings. You can focus your budget entirely on cosmetic updates knowing that some major systems were recently updated: Roof, Furnace, Air Conditioning and Water Heater all installed new in 2017/2018. Additional features include a convenient one-car garage plus a one-car carport & detached outbuilding in back for plenty storage. Whether you are looking to build instant equity or customize a home to your preferred taste, this solid property offers an incredible opportunity in a great neighborhood.

8914 Hipkins Road SW, Lakewood

Listing Broker: RE/MAX Northwest; Shane Blondin; 253-232-6885; shane@shaneblondin.com

$375,000

2 Beds ⋅ 1 Baths ⋅ 2584951 MLS ⋅ ACTIVE Status

WELCOME TO THE EVERGREEN HOUSE—MOVE-IN READY + ROOM TO GROW! Beautifully renovated, this Lakewood home offers stylish, turnkey living with brand-new appliances, custom cabinetry and thoughtfully selected modern finishes throughout. The bright, inviting interior has been refreshed from top to bottom, creating a fresh, polished home with effortless appeal. Situated on a spacious lot with a large storage shed and generous outdoor space to enjoy, expand or reimagine. Zoning may allow for up to three units (buyer to verify), creating exciting future possibilities for additional housing or investment. Looking for even more flexibility? The neighboring Haven House at 6148 88th Ave SW is also available separately, presenting a rare opportunity to acquire two side-by-side properties—ideal for multi-generational living, an owner-occupant/investment strategy or expanding your real estate portfolio. Conveniently located near JBLM with easy access to I-5, shopping, dining and everyday amenities. Freshly renovated, thoughtfully finished and full of possibilities—welcome to The Evergreen House.

6146 88th Street SW, Lakewood

Listing Broker: Coldwell Banker Bain; Natalie Sutey; 509-679-1371; natalie.sutey@cbrealty.com

$425,000

3 Beds ⋅ 2 Baths ⋅ 2584897 MLS ⋅ ACTIVE Status

WELCOME TO THE HAVEN HOUSE—COMPLETELY REIMAGINED & READY FOR ITS NEXT CHAPTER. Thoughtfully remodeled from the inside out, this 3-bedroom, 2-bath Lakewood home pairs fresh modern design with warm, inviting spaces. Step inside to brand-new LVP flooring, beautifully finished windows and custom details throughout. The stunning new kitchen is the heart of the home, featuring new cabinetry, countertops, appliances and modern finishes that flow effortlessly into the living space, anchored by a custom mantel. Both bathrooms have been beautifully transformed with new vanities, fixtures and designer-inspired finishes, including a gorgeous new walk-in shower in the primary bath. Fresh exterior siding completes the transformation, giving The Haven House a polished new look inside and out. Beautifully renewed, thoughtfully finished and truly move-in ready—Welcome Home.

6148 88th Street SW, Lakewood

Listing Broker: Coldwell Banker Bain; Natalie Sutey; 509-679-1371; natalie.sutey@cbrealty.com

$339,000

2 Beds ⋅ 3 Baths ⋅ 2584458 MLS ⋅ ACTIVE Status

Prime location outside the JBLM gates and minutes from I-5, this turnkey townhome offers comfort, convenience, and easy living. Well maintained and move-in ready, the home features two spacious bedrooms, each with its own private bath. The main level welcomes you with an airy, open-concept layout filled with natural light, plus a convenient half bath. The generous kitchen flows to a private balcony—perfect for morning coffee or relaxing on warm summer evenings. All with an oversized two-car tandem garage with plenty of room for parking, storage, and everyday essentials. A wonderful combination of location, space, and versatility! Must see today!

5205 Solberg Drive SW Unit #A, Lakewood

Listing Broker: Redfin; Christine Hudson; 253-590-6440; christine.hudson@redfin.com

$405,000

3 Beds ⋅ 1 Baths ⋅ 2584476 MLS ⋅ ACTIVE Status

Welcome to this beautifully refreshed 3-bedroom, 1-bathroom turn-key home sitting on huge lot! Step inside to find fresh interior paint, crisp baseboards and trim, and newer carpet throughout. The heart of the home features a complete 2023 kitchen remodel with new cabinetry, a new sink, sleek countertops, tile backsplash, tile flooring, updated plumbing, and a full suite of updated appliances, including an added dishwasher and garbage disposal. You will love the beautifully updated 2024 bathroom, showcasing a new tub with a custom tile surround, a modern vanity and cabinet, sleek tile floors, and a vent fan with a built-in heater.Outside, enjoy exceptional curb appeal with fresh exterior paint, brand-new rain gutters, and a newly refinished, stained deck overlooking your spacious, fully fenced lot with planted trees, bushes, and two storage sheds. Key upgrades offer true peace of mind, including an updated primary bedroom window, a water heater (2019), and an included washer and dryer (dryer replaced 2023). Extra bathroom storage cabinet and backyard sheds convey. Truly move-in ready on a rare, big lot!

8105 Fairway Drive SW, Lakewood

Listing Broker: Skyline Properties, Inc.; Trevor Clark; 360-525-8824; trevorclarkse@gmail.com

$410,000

2 Beds ⋅ 1 Baths ⋅ 2581371 MLS ⋅ ACTIVE Status

Welcome to this beautifully updated 2 bedroom 1 bath home in the heart of Lakewood. This spacious layout features a gorgeous kitchen with fresh appliances, sizable bedrooms, and a renovated bath with designer touches throughout. This updated home includes updated electric, new heating, floors, appliances, W/D and new garage doors. Your fully fenced oversized lot comes with a 2 car detached garage that has an extra room + abundant storage for all of your hobbies! Two driveways, centrally located on a quiet corner street steps to schools, shopping, lakes, JBLM, and I-5. Don't miss this move in ready charmer, an absolute must see!

10224 Lila Lane SW, Lakewood

Listing Broker: Morrison House Sotheby's Intl; Chelsea Kelley; 253-232-6608; Chelsea@ChelseaKelleyRealEstate.com

$420,000

2 Beds ⋅ 1 Baths ⋅ 2583412 MLS ⋅ ACTIVE Status

Discover your new charming rambler in a quiet Lakewood neighborhood only moments away from American Lake. Featuring 2 bed and 1 bath spread through a cozy laid out 756 square feet. Inside you'll find a bright and open floor plan, open living and dining room, SS appliances throughout, a spacious bath with beautifully tiled shower surround, and french doors to large back deck. Step out the back door to your large backyard, with an outbuilding for additional usage and storage. Close to dining, shopping, and easy access to I-5 the possibilities for this cozy home are nearly endless.

9006 Lawndale Avenue SW, Lakewood

Listing Broker: Every Door Real Estate; Chris Burdin; 425-306-7227; chrisb@everydoorrealestate.com

9811 Whitman Avenue SW Unit #2, Lakewood

$220,000

1 Beds ⋅ 1 Baths ⋅ 2579885 MLS ⋅ ACTIVE Status

Welcome to easy, low-maintenance living at The Whitman Condominiums! This charming ground-floor 1-bedroom, 1-bath unit offers an efficient layout designed for comfortable living and maximum functionality. Enjoy a dedicated parking space with low HOA dues that cover your garbage,water, and lawn. Its perfectly situated near the Lakewood Town Center,shopping,dining,entertainment,with quick access to I-5, SR-512,Lakewood Station (sounder train) and JBLM. Whether you are a first-time home buyer, looking to downsize, or an investor seeking a turnkey rental, this home delivers unbeatable value and location.

9811 Whitman Avenue SW Unit #2, Lakewood

Listing Broker: Coldwell Banker Bain; Amber L Vanderford; 971-221-4539; amber.vanderford@cbrealty.com

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