Lakewood Real Estate Search

Lakewood Properties between $1,500,000 and $2,500,000 for Sale

Our website features the best real estate search for between $1,500,000 and $2,500,000 properties available in Lakewood and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest Lakewood Properties between $1,500,000 and $2,500,000 for Sale

$1,850,000
3 Beds ⋅ 1 Baths ⋅ 2567065 MLS ⋅ ACTIVE Status
ALL PERMITS IN HAND on this 84 Unit Garden style Apartment complex in the heart of redeveloping Lakewood. VALUE IN LAND. Located just a stones throw from JBLM and Multiple Warehouse projects including an Amazon Fulfillment center, Prologis, and many more. Very high rental demand. Unit layout includes 48 2 bed/2 bath unit layout and 36 1 bed/ 1 bath unit layout. Price includes full plan sets, civil engineering, and permits. Please call/email listing agent for plans and civil. Existing home on the property. Market rent is 2200.

6411 150th Street SW, Lakewood

Listing courtesy of Keller Williams Realty PS.

$1,999,000
5 Beds ⋅ 5 Baths ⋅ 2557256 MLS ⋅ ACTIVE Status
Noteworthy and historic 4 Thornewood; the iconic carriage house to the Thornewood Castle on 2 LOTS. A unique blend of fine finishes, antique details and amenities come together to create a legacy property for generations to come. With AMERICAN LAKE access you enjoy the benefits of the waterfront lifestyle all with the charm of a bygone era. Impeccably restored with curated pieces from around the world. Easily entertain for large groups or a quiet evening for 2. Chef’s kitchen, open concept living but defined spaces, detached guest house. I5-Seattle, Tacoma, Olympia, and Portland in easy reach. Minutes to Narrows for Private aircraft service. Proximate to Tacoma Country & Golf Club. Location, Amenities and impeccably curated. Unique.

4 Thornewood Lane SW, Lakewood

Listing courtesy of Morrison House Sotheby's Intl.

$2,137,500
2555633 MLS ⋅ ACTIVE Status
**ALERT** Investment Opportunity in the heart of Lakewood! This well-maintained 8-plex - 100% occupancy with a strong rental history and consistently low vacancy rates. Several units have been thoughtfully updated over time, featuring modern kitchen cabinetry, refreshed bathrooms, updated flooring, and newer water heaters, helping minimize future capital expenditures while enhancing tenant appeal. Situated on a desirable corner lot, the property offers excellent visibility, ample on-site parking, and additional street parking for residents and guests. Pride of ownership is evident throughout with fresh exterior paint, attractive landscaping, and consistent upkeep that contributes to strong tenant retention and long-term investment stability. Ideally located in close proximity to Joint Base Lewis-McChord (JBLM), this property benefits from strong rental demand while offering convenient access to shopping, dining, parks, schools, public transportation, and major commuter routes. A turnkey multifamily asset with proven performance, this 8-plex presents a rare opportunity to acquire a well-maintained, income-producing property in one of Lakewood's most sought-after markets. All kitchen appliances stay, washer/dryer hook ups in all units!

8303 John Dower Road SW, Lakewood

Listing courtesy of RE/MAX Northwest.

$1,645,000
3 Beds ⋅ 3 Baths ⋅ 2550780 MLS ⋅ ACTIVE Status
Ultimate Lakefront Living on Lake SteilacoomExperience breathtaking open-concept living with 58’ of prime waterfront on Lake Steilacoom. Nestled in a quiet cove with a peaceful 5 mph limit, this beautifully remodeled 3,301 sq ft home is engineered for peace of mind with full earthquake retrofitting. Floor-to-ceiling windows flood the living, dining, and kitchen areas with natural light, framing spectacular views of the manicured grounds and water.The main custom kitchen is a chef’s dream, featuring premium Café Appliances, a Wi-Fi-capable double wall oven/air fryer, and a wine/beverage cooler. Gorgeous new luxury laminate flooring complements wood-clad ceilings and two newer gas fireplaces. Host with ease utilizing the brand-new second kitchen—perfect for multigenerational living or lakeside entertaining!Luxury & Comfort Primary Suite: Wake up to lake views, a spa-like bath, and a brand-new private deck. Bathrooms: Remodeled primary and guest baths boast cozy heated floors. Climate Control: Stay comfortable year-round with a newer furnace and 2 brand-new heat pumps.Premier Outdoor OasisStep out onto the massive overlooking deck or head down to your updated Trex dock. This property includes two hot tubs with cover/bracket lifts, tons of storage, and extra parking for your boat. Enjoy ultimate privacy with a private launch next door and no immediate neighbor on that side.Be on the lake just in time for summer and enjoy true pride of ownership!

10837 Evergreen Terrace SW, Lakewood

Listing courtesy of Gateway Real Estate.

$1,995,000
3 Beds ⋅ 3 Baths ⋅ 2542902 MLS ⋅ ACTIVE Status
Legacy on Lake Steilacoom. 130’ +/- private waterfront with magnificent gates at the entrance. Charming 1931 Tudor Situated on 1.75 acres across three parcels, blending timeless craftsmanship with modern updates. Features include a main floor primary suite, 2 baths, an updated kitchen with granite countertops, stainless appliances, and an apartment above the detached garage. Expansive millwork, stained glass windows, window seat dining, and 2 fireplaces add warmth and character. The boathouse includes a kitchenette with pass-through serving windows, a cozy loft, a propane fireplace and a lakeside deck. Enjoy mature privacy landscaping, stone patio terraces, a private dock, sweeping lake views, and a rare combination of privacy and convenience.

10007 Lake Steilacoom Drive SW, Lakewood

Listing courtesy of Realogics Sotheby's Int'l Rlty.

$2,100,000
2535832 MLS ⋅ ACTIVE Status
Exceptional investment opportunity featuring 12 rental units across 6 duplex buildings, offering immediate income with significant upside potential. Centrally located with convenient access to shopping, services, and major transportation routes, this property is well-positioned to attract and retain long-term tenants. Each duplex consists of one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit, creating a desirable unit mix that appeals to a broad tenant base. Current rents are below market, presenting a compelling opportunity for a savvy investor to increase cash flow and improve overall returns. Several units have benefited from interior renovations, while portions of the exterior have been upgraded with new siding. Durable metal roofing, selective exterior improvements, and a straightforward design contribute to a relatively low-maintenance investment. An on-site laundry facility provides additional income potential for residents. Situated on a large parcel, the property appears to offer future development opportunities that could substantially increase income and overall value (buyer to verify all development potential and feasibility). Whether you're looking to expand an existing portfolio or acquire a value-add asset with multiple paths to increased returns, this property deserves serious consideration. Opportunities combining current income, rental upside, low-maintenance ownership, and potential future development are increasingly difficult to find.

11002 Idlewild Road SW, Lakewood

Listing courtesy of Keller Williams Rty Tacoma.

$1,690,000
6 Beds ⋅ 6 Baths ⋅ 2533109 MLS ⋅ ACTIVE Status
Nestled on over 3.4 acres of lush private land. This magnificent estate offers refined living with a sense of seclusion and serenity. French doors that open into a spacious great room, anchored by dual fireplaces perfect for cozy evenings. 3 levels of living space feature vaulted ceilings, hardwood & tile floors, including a main level primary suite with heated bath floors, sauna and private study. Central A/C, a built-in vacuum system and a dedicated wet bar ideal for gatherings. Step outside to enjoy your own private resort: a solar-heated pool, expansive decks for dining or lounging, a basketball court, the calming sounds of Chambers Creek flowing nearby. Quick access to I-5, 512, and Lakewood Station. Minutes from shopping & dining.

6718 76th Street W, Lakewood

Listing courtesy of Skyline Properties, Inc..

$2,000,000
2534759 MLS ⋅ ACTIVE Status
Rare 1.24-acre commercial parcel at 7704 Bridgeport Way W, Lakewood. Zoned Lakewood NC-2 (Neighborhood Commercial 2) with sewer and water installed (see Land info, p.1). Highly visible frontage on Bridgeport Way with easy access to surrounding neighborhoods and retail nodes (map, p.3–4). Existing 2-story building (1951) on site — great for interim use while planning redevelopment. Perfect for medical/office/retail or mixed-use infill. Motivated seller.

7704 Bridgeport Way W, Lakewood

Listing courtesy of Skyline Properties, Inc..

$2,300,000
2533353 MLS ⋅ ACTIVE Status
Remarkable mixed used rental income property in South Tacoma Way Lakewood. Great mix of residential and commercial tenants for rental income. Located in the privately near South Tacoma. This has been an owner owned property with their business. Well maintained and good tenants. The house classified as single family residence but with multifamily rental permit approved by City of Lakewood.

8524 8544 S Tacoma Way, Lakewood

Listing courtesy of Global Real Estate Express.

$1,775,000
2525348 MLS ⋅ ACTIVE Status
$126K PER UNIT & 6.44% CAP RATE | Gen Villas is a cash-flowing value-add 14-unit apartment community situated on 2.62 acres in a serene creek-side setting surrounded by lush greenery in Lakewood, located less than 2 miles from Joint Base Lewis-McChord, Pierce County’s largest employer. The property consists of 14 units across two separate buildings: a 6-unit building located at the front of the property, originally constructed in 1972, and an 8-unit building situated at the rear of the property, built in 1955. The unit mix includes one 4-bedroom / 3-bathroom unit, one 3-bedroom / 1-bathroom unit, three 2-bedroom / 1-bathroom units, and nine 1-bedroom / 1-bathroom apartments. Seven units at the property have been updated to a similar finish level as photographed in Unit 5, featuring luxury vinyl plank flooring, fresh interior paint, and newer kitchen appliances and cabinetry. The opportunity exists for new ownership to complete cosmetic renovations to the remaining 7 units and increase rents approximately 17% to market. A Additionally, Units 1, 2, and 4 include in-unit washer and dryer stacks, while the remaining units benefit from access to an on-site community laundry facility. Residents benefit from an ample supply of off-street parking, including 6 carports and 3 surface parking stalls serving the front building, as well as an additional 16 surface parking stalls designated for the rear building.

12413 Bridgeport Way SW, Lakewood

Listing courtesy of Blake Investment Advisors.

$1,500,000
2506148 MLS ⋅ ACTIVE Status
Rare highly profitable, established, trendy and turnkey franchise Asian restaurant and bar business, located in a high traffic strip mall. Strong franchise support and low franchise fee. This well-known local establishment has built a loyal customer base and consistently delivers strong financial performance with reliable year-over-year growth. Spacious and welcoming atmosphere with over 80 sitting, have made it a staple gathering place within the community. The business benefits from a favorable location with a supportive landlord, and very attractive lease terms; and a dependable, tenured staffs that help ensure smooth daily operations. The current ownership has maintained a consistent operational model with strong franchise support. While already performing strongly, there remains additional upside for a new owner through enhancing alcohol sales, current bar is not fully utilized. Additional information is available to qualified buyers upon execution of a Non-Disclosure Agreement. *Sales figures based on 2025 Tax Return.

1888 XXXX Street, Lakewood

Listing courtesy of Specialty Real Estate Group.

$1,799,000
4 Beds ⋅ 3 Baths ⋅ 2504131 MLS ⋅ ACTIVE Status
Remodeled home on about 100 feet of historic LAKE STEILACOOM, a rare find on OPEN WATER. This unique and architecturally significant home by Alan Liddle was recently renovated w/ impeccable style and taste. 4 Bedrooms with 2.75 baths. Massive NEW DOCK; about 550 sq feet. Living areas have walls of glass overlooking the lake; Living room w/ gas FP; dining room w/ buffet; kitchen w/ island; nook and large pantry; sitting area. LAKESIDE Primary suite w/spa-like bath; custom tile work; marble; towel warmer and SAUNA. Lower-level rec room w/ new gas fireplace. New stainless steel DOG WASH. MASSIVE large new deck w/ outdoor vinyl for carefree living. Added value comes from new custom millwork, new carpet, new systems like HVAC (AIR CONDITIONING), newer ROOF, and new windows, freshly painted. Over HALF ACRE gives room for extra parking or even a possible sports court! This is a rare blend of location on the lake, updates, and floor plan. A rarity in the market.

10901 Greendale Drive SW, Lakewood

Listing courtesy of Morrison House Sotheby's Intl.

$1,650,000
2497467 MLS ⋅ ACTIVE Status
Location, Location! Investors, Turnkey opportunity to purchase this great income-producing 8-Unit multi-family property; 4,584SF U-Shape Courtyard building, 19,200SF Parcel with 2 two-bedroom Apartments & 6 one-bedroom Apartments, Zone C1, located in the heart of Lakewood, Across from St. Clare Hospital. Well maintained, 1-story Brick Building, private courtyard, large playground area with fully fence with security gates, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure. Current rents are below market. With highly Rent demand, it has plenty of room to increase income, plus coin-operated laundry machines. This Multi-Fam Building is on Lakewood Commercial Core, surrounded by businesses, shopping centers, residential developments; minutes to I5, JBLM, Military Bases, Towne Center.

4902 111th Street SW, Lakewood

Listing courtesy of HDN Real Estate.

$1,775,000
3 Beds ⋅ 3 Baths ⋅ 2476626 MLS ⋅ ACTIVE Status
Quietly approached by a private forested driveway over a flowing creek, an Alan Liddle–redesigned home rests on 12 ACRES of tranquility. A peaceful & inspiring setting could easily spark the imagination of an artist or writer. Towering rhododendrons soften the architecture, while sounds of nature accompany you under the covered walkway to the entrance. The natural light draws you to a generous library with built-ins & fireplace creating an intimate retreat for reading & reflection. The adjoining living room is anchored by a fireplace & a dramatic wall of floor-to-ceiling windows creating a striking backdrop for a grand piano. French doors open to a patio overlooking Chambers Creek, expansive lawn—ideal for entertaining or quiet evenings at home. The dining room flows seamlessly enjoying creek views beneath a crystal-adorned chandelier. The kitchen offers an eating bar & sunny nook with views of the rear garden & patio, blending everyday comfort and effortless living. The primary suite is a sanctuary of its own featuring a sitting area with a gas fp & access to a private balcony overlooking the landscape. 2 additional bedrooms enjoy peaceful views of nature & creek. Meandering paths thru emerald lawns, a private pond visited by ducks & a salmon-spawning stream with gentle rapids & waterfalls. The creek winds along the property, enhancing seclusion & connection as a canopy transforms into brilliant colors. An irreplaceable estate where architecture, nature & lifestyle converge.

6817 79th Street W, Lakewood

Listing courtesy of Windermere Prof Partners.

$1,600,000
5 Beds ⋅ 4 Baths ⋅ 2460211 MLS ⋅ ACTIVE Status
Rare opportunity on Steilacoom Lake! This 5 bed, 3.5 bath waterfront home offers 60 ft of lakefront, dock, seating area with firepit, and .41 acre lot. Enjoy stunning views throughout the home and from the living room with cozy fireplace and French doors to a spacious patio. Open kitchen features an island and all new stainless steel appliances. Main level includes guest suite with en-suite bath, office, and mudroom with new stackable washer/dryer. Upstairs offers a bonus area, 4 bedrooms, including a vaulted-ceiling primary with luxurious 5-piece en-suite. Updates: new carpet, lighting, and hot water heater. A must-see lakeside retreat!

10841 Evergreen Terrace SW, Lakewood

Listing courtesy of Redfin.

$1,750,000
4 Beds ⋅ 4 Baths ⋅ 2403771 MLS ⋅ ACTIVE Status
Welcome to your dream waterfront retreat! Beautifully maintained 4,458 sq. ft. home offers perfect blend of space, function & outdoor living. Set on peaceful Gravelly Lake with 100' of shoreline, enjoy expansive exterior entertaining spaces, from the spacious patios to the dock featuring boat slip & built-in seating. Whether you’re boating, relaxing, or simply soaking up views, this home offers a true lakeside lifestyle. With 4 bedrooms, 3.5 bathrooms & 3-car garage. This property lives like two homes in one—ideal for multigenerational living or hosting guests. Lower level has 2nd kitchen, 2nd laundry, bathroom, living room & bedrooms. Gated entry & large parking area for guests or RV. Hidden vault room for valuables or wine cellar.

6638 Hilltop Lane, Lakewood

Listing courtesy of Windermere Prof Partners.

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Based on information submitted to the MLS GRID as of . 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.
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