South Lakes Homes with Conventional Terms

South Lakes Homes with Conventional Terms

Welcome to South Lakes, a picturesque subdivision located in the heart of Lakewood, Washington. Nestled in Pierce County, this charming community offers a serene and family-friendly environment for residents to call home.

South Lakes is renowned for its beautiful homes with conventional terms, making it an ideal choice for those looking to settle down in a comfortable and welcoming neighborhood. Whether you're a first-time homebuyer or a growing family in search of more space, South Lakes has something to offer for everyone.

With easy access to local amenities, top-rated schools, and scenic parks, South Lakes provides the perfect blend of convenience and tranquility. Enjoy peaceful strolls around the neighborhood, take in the stunning views of the surrounding landscape, or simply relax in the comfort of your own backyard.

If you're seeking a place where community spirit thrives and neighbors feel like family, look no further than South Lakes. Experience the warmth and hospitality of Lakewood living in this sought-after subdivision where homes with conventional terms await you.

Come and discover the beauty of South Lakes – your ideal destination for quality living in Lakewood, Washington.

Newest South Lakes Homes with Conventional Terms

$575,000
4 Beds ⋅ 2 Baths ⋅ 2562534 MLS ⋅ ACTIVE Status
Charming Craftsman on over half an acre in an incredible Lakewood location! Situated directly across the street from Harry Todd Park and beautiful American Lake, this property offers the perfect blend of character, space, and opportunity. Inside, you'll find fresh interior paint, updated bathrooms, a spacious living room with a cozy gas fireplace, and a large dining area that's perfect for gathering. The beautifully updated kitchen offers abundant NEW cabinets and countertops + new stainless steel appliances, for everyday living and entertaining. The flexible floor plan features two bedrooms upstairs along with a full bath and den/office (or possible 5th bedroom!), while the lower level includes two additional bedrooms and another full bath—ideal for guests, multi-generational living, or a home office. Outside, enjoy a fully fenced yard, generous off-street parking from both the front and rear of the property, and plenty of room to garden, play, or expand. Updated electrical for peace-of-mind. Zoned multifamily, this rare property offers exciting possibilities for homeowners, investors, or future development—all just moments from parks, lake access, shopping, dining, and JBLM.

14416 Portland Avenue SW, Lakewood

Listing courtesy of Real Broker LLC.

$899,000
2538170 MLS ⋅ ACTIVE Status
LAKE LIFE, REIMAGINED. A rare opportunity to own more than an acre of waterfront on Gravelly Lake, one of Lakewood's most coveted addresses. Offering 45 feet of private frontage, this legacy property is the kind of opportunity that rarely becomes available. Known for its calm waters, exceptional privacy, and remarkably peaceful setting, Gravelly Lake is widely regarded as one of the area's most desirable lakes. The property slopes gently from street to shoreline, creating an exceptional setting for a custom waterfront estate. Positioned along the lake's southeast shoreline, the homesite enjoys beautiful afternoon sun, water views, and spectacular sunsets that become part of everyday life. This is one of the final opportunities to build new on Gravelly Lake, where vacant waterfront parcels are exceptionally rare. Just around the corner, Tacoma Country & Golf Club offers optional golf and social memberships, adding another layer to an already extraordinary lifestyle. Bring your architect, bring your vision, and create something truly timeless. Buyer to verify all zoning, building, and development requirements with the City of Lakewood.

12795 Gravelly Lake Drive SW, Lakewood

Listing courtesy of Morrison House Sotheby's Intl.

$783,750
4 Beds ⋅ 4 Baths ⋅ 2562013 MLS ⋅ ACTIVE Status
Wonderful Home, solid construction with a flowing circular floor plan and a delightful mature rhododendron and azalea garden. The Architect, Alan Little, Pacific Northwest modernist, 1922-2009, native of Tacoma, designed the addition to the original floor plan. The front yard has a bright expansive view and the back yard has a private wooded, garden setting with a pool and pool room w/RR. Located inside the Tacoma Country and Golf Club, the Oldest Club West of the Mississippi, opened in 1894, and is located on the shores of American Lake. TCGC's Required Residential Memberships offers Superb Dining and Club House Grill, Boat Access, Swimming Pool, Gym, 18-hole Golf course with practice Putting green, newer lighted/ heated driving range,Tennis and Pickle Ball, activities for young and old! The Home is occupied and partially furnished for show. The home's sound construction is ready for upgrades. Seller will review all offers upon receipt. The house is priced to sell, “As -Is” . Home: New Furnace 2/2026 Newer Interior Plumbing and Gas hot water heater 2022 Roof Therapy Oiled the Cedar Roofing 2020 Roof Therapy Roof And Gutter cleaning 4/2026 Pool: Resurfaced and painted: 2020 Newer motor 2022 New Suction Line 2024

10 Forest Glen Lane SW, Lakewood

Listing courtesy of Better Properties Real Estate.

$850,000
4 Beds ⋅ 3 Baths ⋅ 2560470 MLS ⋅ ACTIVE Status
In coveted Madera Gated Community, this home has been remodeled to shine. Sitting on a .4 acres this home features 3000+ sq. ft, 4 generous bedrooms with big closets, and 2.5 baths. New kitchen, quartz countertops, flooring, carpet, and paint inside and out make this Victorian home has everything you are looking for. Close to Lake Steilacoom, American Lake, TCGC, I-5, JBLM, Lakewood town center, this location is unmatched. Rest easy knowing all updates have been made while keeping the character of the original design. This home is move in ready and the community will look forward seeing you on your morning walks around the neighborhood.

11215 Madera Circle SW, Lakewood

Listing courtesy of Keller Williams Rty Tacoma.

$995,000
4 Beds ⋅ 3 Baths ⋅ 2559624 MLS ⋅ ACTIVE Status
Tucked inside the highly sought-after gated community of Madera, this beautifully updated home offers the perfect blend of comfort, style, and privacy. Thoughtfully designed with timeless finishes, the spacious layout includes a dedicated office, formal living and dining rooms, and an open-concept kitchen that flows seamlessly into the expansive family room—ideal for both everyday living and entertaining. Upstairs, the inviting primary suite features a cozy fireplace and a luxurious five-piece bath with heated floors. Generous secondary bedrooms and a large bonus room with its own private staircase provide exceptional flexibility. Step outside to a beautifully landscaped backyard offering rare privacy and your own sport court, creating the perfect setting to relax or play. Residents of Madera enjoy a beautifully maintained gated community with picturesque rose and Japanese gardens, all just minutes from shopping, dining, parks, and freeway access This is one you won't want to miss!

11401 Madera Circle SW, Lakewood

Listing courtesy of Keller Williams Rty Tacoma.

$415,000
2 Beds ⋅ 1 Baths ⋅ 2559272 MLS ⋅ ACTIVE Status
Picture-perfect, charming, and completely move-in ready! This beautifully maintained 1,080 sq ft home perfectly blends timeless character with modern updates, including a brand-new furnace installed in 2023 for total peace of mind. The highly functional 2-bedroom, 1-bathroom floor plan features fresh new paint, updated baseboards, and brand-new vinyl flooring extending seamlessly through the living room, dining area, kitchen, and bedrooms—expertly installed while keeping the original oak floors safely preserved underneath! Large double-pane windows flood the entire home with vibrant natural light. Cooking is a delight in the updated kitchen, boasting custom soft-close cabinetry, sleek countertops, and stainless steel appliances. Unwind in the fully modernized bathroom, complete with a custom tile tub surround. The detached shop/office structure—ideal for remote work, a hobby studio, or extra storage. Nestled on a level 5,336 sq ft lot with a detached carport and the possibility for a future ADU addition (buyer to verify), you are just minutes away from Harry Todd Park, American Lake, shopping, I-5, and JBLM.

15113 SW Grant Avenue, Lakewood

Listing courtesy of Better Properties N. Proctor.

$345,000
2556031 MLS ⋅ ACTIVE Status
Positioned across from Harry Todd Park and moments from American Lake, this 0.28-acre MF2-zoned parcel offers a compelling opportunity for a builder or investor seeking a head start on a four-unit concept. The current site plan depicts two attached two-unit buildings with garages, a shared access layout, proposed sewer connections and water meters. Predevelopment work includes engineered plans, structural calculations, soils and stormwater testing, and an active commercial sewer application for Building A. The mostly level, partially cleared lot is surrounded by established residential development with convenient access to schools, JBLM and I-5. Significant professional design and coordination provide a more developed starting point than a typical vacant parcel. Buyer to independently verify zoning, development feasibility, plans, approvals, utilities, costs and requirements.

14507 Woodlawn Street SW, Lakewood

Listing courtesy of Real Broker LLC.

$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.

$249,995
2 Beds ⋅ 1 Baths ⋅ 2549225 MLS ⋅ ACTIVE Status
Conventional, FHA, and VA eligible! Fully remodeled and move in ready, this beautiful 2 bedroom, 1 bath condo offers 676 sq ft of living space. Enjoy modern updates throughout, including durable luxury vinyl plank flooring that flows seamlessly throughout the home. Features two spacious bedrooms, each with its own walk in closet, providing ample storage. The updated kitchen comes with an oven, microwave, and dishwasher, making everyday living a breeze. This unit also includes two assigned parking spaces for added convenience. Ideally located near lake access, I-5, shopping, dining, and other everyday amenities. Don't miss your opportunity to own this beautifully updated condo in a prime location!

14402 Washington Avenue SW Unit #3, Lakewood

Listing courtesy of Premier Real Estate Partners.

$674,999
2555073 MLS ⋅ ACTIVE Status
Welcome to this turnkey triplex offering an exceptional opportunity for investors seeking immediate cash flow. Each of the three 2-bedroom, 1-bath units offers approximately 696 sq. ft. and has been thoughtfully updated. Recent updates in last 5 years include new roof, new septic system, vinyl windows, fencing, and extensive interior renovations throughout the units. Current rents are $1,625/month for Unit 1 and $1,650/month each for Units 2 and 3, plus an additional $150 per month from each tenant toward utilities, creating strong income potential. A shared laundry room, ample off-street parking, and a prime location just minutes from JBLM, I-5, restaurants, shopping, and American Lake make this a true cash-flowing investment and an excellent addition to any portfolio.

8311 Lake Street SW, Lakewood

Listing courtesy of Every Door Real Estate.

$399,000
3 Beds ⋅ 1 Baths ⋅ 2553266 MLS ⋅ ACTIVE Status
Explore your options with a move-in-ready 3BR 1664 sq ft home, plus a rare opportunity to also expand and develop your property. This jewel is situated on a level .63 acre lot featuring a functional one-story layout with a finished basement, offering flexible living options. The main level includes two bedrooms, a full bath, refreshed kitchen, living and dining area, while the finished basement adds a third bedroom along with expansive bonus spaces ideal for a media room, home office, gym, hobby area, or multigenerational living. This versatile property offers incredible possibilities for homeowners and investors, alike. The oversized lot provides abundant space for RV and boat parking, outdoor entertaining, gardening, or potential future expansion or development. With its location just a couple of minutes from JBLM, Camp Murray, I-5, public transit and near shopping, recreation and hospitals, this is a great opportunity own in one of Lakewood’s most accessible neighborhoods. Call and schedule a tour!

15401 Grant Avenue SW, Lakewood

Listing courtesy of John L. Scott Dupont.

$249,995
2 Beds ⋅ 1 Baths ⋅ 2549347 MLS ⋅ ACTIVE Status
Conventional, FHA, and VA eligible! Fully remodeled and move in ready, this beautiful 2 bedroom, 1 bath condo offers 676 sq ft of living space. Enjoy modern updates throughout, including durable luxury vinyl plank flooring that flows seamlessly throughout the home. Features two spacious bedrooms, each with its own walk in closet, providing ample storage. The updated kitchen comes with an oven, microwave, and dishwasher, making everyday living a breeze. This unit also includes two assigned parking spaces for added convenience. Ideally located near lake access, I-5, shopping, dining, and other everyday amenities, this condo offers the perfect combination of comfort, convenience, and low-maintenance living. Don't miss your opportunity to own this beautifully updated home in a prime location!

14402 Washington Avenue SW Unit #4, Lakewood

Listing courtesy of Premier Real Estate Partners.

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