98498 Homes under $500,000

98498 Homes under $500,000

Welcome to the charming community of Lakewood, Washington, nestled in the heart of Pierce County and boasting the vibrant zip code 98498. This picturesque area is not only known for its stunning natural beauty, but it also offers a welcoming atmosphere, making it an ideal place to call home.

For those seeking affordable housing options, Lakewood presents an impressive selection of homes under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll discover a variety of styles and layouts that cater to diverse needs and preferences. From cozy single-family homes to modern townhouses, the real estate market in this area is brimming with opportunities to find your perfect fit.

Living in Lakewood means enjoying a harmonious blend of suburban tranquility and urban convenience. The neighborhood is surrounded by lush parks, scenic lakes, and recreational areas, perfect for outdoor enthusiasts. With easy access to major highways, residents can quickly reach Tacoma and Seattle for work or leisure, ensuring that you’re never far from the action.

In addition to its natural beauty, Lakewood is home to a thriving community with excellent schools, shopping centers, and dining options, making it a great place for families and individuals alike. With its affordable housing market and vibrant lifestyle, Lakewood, WA 98498, is truly a hidden gem waiting to be explored. Discover your new home in this delightful city today!

Newest 98498 Homes under $500,000

15522 Grant Avenue SW, Lakewood
$415,000
2 Beds ⋅ 1 Baths ⋅ 2598466 MLS ⋅ ACTIVE Status
This Adorable Rambler on .23 Acre in the Heart of Lakewood! Short distance to American Lake, JBLM and many Local Businesses. This Quaint 2 Bedroom/1 Bath Home Offers an Open Floor Plan with Charm & Character. Recently fully Remodeled Kitchen, S/S Appliances, Quartz Countertops & White Shaker Cabinets w/Soft Close Drawers! Laminate Flooring Throughout and Newer Carpet in bedrooms! Mitsubishi Wall Head Air Handler Unit. 1 Yr Home Warranty Provided for New Buyer. On a Culdesac. Paved Road. Fully fenced yard. Storage shed too. All appliances stay with sale of home.

15522 Grant Avenue SW, Lakewood

Listing Broker: Northwest Home Sales; Carolyn Mowatt; 253-318-1720; carolynmowatt@gmail.com

8636 Onyx Drive SW Unit #E, Lakewood
$375,000
3 Beds ⋅ 3 Baths ⋅ 2596033 MLS ⋅ ACTIVE Status
**Welcome to your next chapter in Mt. Vernon Village!** This spacious end-unit townhouse offers a rare combination of privacy, convenience, and carefree living. Set within approximately 15 acres of beautifully maintained, park-like grounds, Mt. Vernon Village feels more like a private retreat while keeping you close to everything Lakewood has to offer. As a desirable end unit, the home enjoys added privacy and its own private deck—an inviting outdoor space ready for morning coffee, evening gatherings, or even a future hot tub. Inside, the spacious layout features a comfortable primary suite with an ensuite bath and walk-in closet, a cozy wood-burning fireplace, and plenty of room to live and entertain. The attached 2-car garage provides excellent storage and parking, while thoughtful upgrades include a utility sink and an electrical panel ready for connection to a backup generator. Community amenities make everyday living easy, with low HOA dues, an outdoor pool, and clubhouse available for larger gatherings and entertaining. Even better, the building is scheduled for a **new roof and fresh exterior paint in summer 2027**, adding peace of mind and future value. Enjoy easy access to nearby parks, trails, golf courses, restaurants, and shopping, with convenient proximity to I-5 and JBLM.

8636 Onyx Drive SW Unit #E, Lakewood

Listing Broker: Wilson Realty Exchange, Inc.; Ken Breda; 425-275-1242; kbreda@msn.com

9220 77th Street SW Unit ##C, Lakewood
$410,000
2 Beds ⋅ 3 Baths ⋅ 2600225 MLS ⋅ ACTIVE Status
Welcome to Glen Oaks! This spacious 1,444 sq ft two-story condo offers an inviting floor plan, privacy & versatility. Featuring TWO generously sized bedrooms, each with brand-new updated bathrooms & large closets, this home is ideal for guests, shared living or a private retreat. Main bedroom opens to its own balcony, perfect for morning coffee or unwinding at the end of the day. The main level features a welcoming living room with cozy wood-burning fireplace, private patio, formal dining room and convenient half bath and also a flexible space for a home office. The kitchen with breakfast bar shines with updated appliances, while fresh interior paint and updated lighting and flooring adds a bright, refreshed feel throughout. Large detached two-car garage & additional driveway parking. A wonderful combination of space, comfort and convenience in the desirable Glen Oaks community! Welcome home!

9220 77th Street SW Unit ##C, Lakewood

Listing Broker: Triwood Realty; Leon D. Harper; 253-973-7732; leon@assetlistingteam.com

15202 Washington Avenue SW, Lakewood
$473,800
2 Beds ⋅ 1 Baths ⋅ 2597672 MLS ⋅ ACTIVE Status
Room to Grow, Space to Dream! Discover the possibilities of over an acre of land in an affordable Lakewood location, just blocks from American Lake! Whether you're dreaming of a spacious homesite, room for gardening and outdoor living, or the potential to explore future development, this property offers a rare opportunity to create the lifestyle you envision. The solid brick bungalow features 2 bedrooms, 1 bath, and over 2,000 sq. ft. of potential living space, plus a detached 2 car garage. Positioned toward the front of the fully fenced parcel, the home leaves an expansive backyard with plenty of room to spread out, entertain, garden, or explore the possibilities. The home is in good condition and is being sold as-is through an estate sale. Enjoy the nearby outdoor recreation at Harry Todd Park on American Lake, with its swimming beach, fishing pier, boat docks, picnic areas, and playground—perfect for embracing the PNW lifestyle. Conveniently located near JBLM, shopping, schools, parks, and lakes, with I-5 corridor improvements, a future Sounder station, and a 1.3-mile shared-use trail adding to the area's appeal. Whether you're seeking extra space, a property to personalize, or the opportunity to investigate additional housing possibilities, this unique property offers room to grow and endless potential. Buyer to independently verify all information, zoning, short-plat potential, permits, and development requirements with the City of Lakewood to their satisfaction.

15202 Washington Avenue SW, Lakewood

Listing Broker: Pellego, Inc.; Shelly McCombs; 253-380-2307; shelly@VibrantHomeRealEstate.com

8727 Moreland Avenue SW, Lakewood
$370,000
2 Beds ⋅ 1 Baths ⋅ 2595253 MLS ⋅ ACTIVE Status
A unique opportunity in Lakewood with privacy, space and options for the future. Set among mature trees, this property offers a setting that feels surprisingly secluded while remaining convenient to the surrounding community.Recent feasibility work indicates that division of the property may be possible, although development would require careful planning due to the existing trees and site considerations. Buyers interested in development should complete their own due diligence regarding their intended use.For a buyer who simply wants more breathing room, the property offers something increasingly difficult to find: a home with substantial land and flexibility for gardening, outdoor living, recreation or future plans. This is an appealing opportunity for an owner-occupant, investor or buyer looking for land with possibilities. Some photos are virtually staged.

8727 Moreland Avenue SW, Lakewood

Listing Broker: Keller Williams Rty Tacoma; Anna E. Matsunaga; 253-212-1252; anna@teammomentumrealestate.com

8501 Dr SW Zicron Unit #D-59, Lakewood
$265,000
2 Beds ⋅ 2 Baths ⋅ 2595860 MLS ⋅ ACTIVE Status
Tucked into a peaceful location, this charming 2-bedroom, 2-bath condo is a cozy retreat with a view. The primary bedroom has its own en suite bath, plus a second full bath for guests. The living room and kitchen both look out on serene woods, offering calm, natural scenery from morning coffee to evening unwinding. The washer, dryer, and living room TV stay, so you can move right in. Enjoy resort-style amenities, including a clubhouse, swimming pool, tennis court, and sports court. Low-maintenance condo living with a quiet wooded backdrop makes this one easy to love. You’re not going to want to miss it.

8501 Dr SW Zicron Unit #D-59, Lakewood

Listing Broker: Best Choice Realty LLC; Maggie Schauble; 253-820-8026; maggies1802@gmail.com

8909 70th Street Ct SW, Lakewood
$459,950
3 Beds ⋅ 2 Baths ⋅ 2595896 MLS ⋅ ACTIVE Status
Enjoy low-maintenance, single-level living with no-step entry in the peaceful, gated community of Chambers Gardens. Nestled beside the Chambers Creek greenbelt in the heart of Oakbrook, this beautifully refreshed home welcomes you with solid oak hardwoods, 9-foot ceilings, and lovely natural light throughout the day. The open floor plan connects living, dining, and kitchen spaces for easy conversation and relaxed entertaining, with a cozy gas fireplace inviting you to settle in. Plantation shutters, fresh interior paint, and new carpet/padding create a warm, welcoming feel. The kitchen features a gas range and SS appliances, granite countertops, breakfast bar seating, while a generous utility room with pantry offers ample storage. Retreat to a spacious primary suite with access to patio, a walk-in closet and skylit five-piece ensuite featuring a large Jacuzzi jetted tub for a relaxing soak. Beautiful new quartz countertops refresh both bathrooms, and a second walk-in closet adds welcome storage. The third bedroom offers flexibility for guests, an office, or hobbies. Enjoy morning coffee on your private patio, central A/C on warm days, and the peace of mind of a newer roof. Oversized 2 car garage. Oakbrook Golf Course / restaurant, Chambers Creek trails, shopping, and dining are minutes away, with the beach about 10 minutes from home. HOA dues cover water, landscaping, roofs, exterior maintenance and gated security. Enjoy beautiful, single level living in Chamber's Gardens!

8909 70th Street Ct SW, Lakewood

Listing Broker: RE/MAX Northwest; Shane Klinkhammer; 253-227-1609; shane@HammerRealEstate.com

8909 70th Street Ct SW, Lakewood
$459,950
3 Beds ⋅ 2 Baths ⋅ 2595351 MLS ⋅ ACTIVE Status
Enjoy low-maintenance, single-level living with no-step entry in the peaceful, gated community of Chambers Gardens. Nestled beside the Chambers Creek greenbelt in the heart of Oakbrook, this beautifully refreshed home welcomes you with solid oak hardwoods, 9-foot ceilings, and lovely natural light throughout the day. The open floor plan connects living, dining, and kitchen spaces for easy conversation and relaxed entertaining, with a cozy gas fireplace inviting you to settle in. Plantation shutters, fresh interior paint, and new carpet/padding create a warm, welcoming feel. The kitchen features a gas range and SS appliances, granite countertops, breakfast bar seating, while a generous utility room with pantry offers ample storage. Retreat to a spacious primary suite with access to patio, a walk-in closet and skylit five-piece ensuite featuring a large Jacuzzi jetted tub for a relaxing soak. Beautiful new quartz countertops refresh both bathrooms, and a second walk-in closet adds welcome storage. The third bedroom offers flexibility for guests, an office, or hobbies. Enjoy morning coffee on your private patio, central A/C on warm days, and the peace of mind of a newer roof. Oversized 2 car garage. Oakbrook Golf Course / restaurant, Chambers Creek trails, shopping, and dining are minutes away, with the beach about 10 minutes from home. HOA dues cover water, landscaping, roofs, exterior maintenance and gated security. Enjoy beautiful, single level living in Chamber's Gardens!

8909 70th Street Ct SW, Lakewood

Listing Broker: RE/MAX Northwest; Shane Klinkhammer; 253-227-1609; shane@HammerRealEstate.com

8314 Washington Boulevard SW, Lakewood
$399,950
3 Beds ⋅ 2 Baths ⋅ 2593526 MLS ⋅ ACTIVE Status
Discover the charm of this inviting Lakewood rambler, offering privacy, versatility, and room to make it your own! A gated, fully fenced yard creates a private outdoor retreat, while the open-concept living room features luxury vinyl plank flooring, built-in hallway storage, and a cozy fireplace option. The adjoining kitchen, spacious utility room, and flexible bonus room offer practical everyday living. Step onto the newly finished deck and enjoy the backyard, complete with a powered shop and attached carport for hobbies, projects, and extra storage. Ideal for first-time homebuyers or investors, this property offers convenient access to I-5, JBLM, shopping, dining, and everyday essentials. Don't miss this unique Lakewood opportunity! Seller is not financially able to make any repairs, home is sold as is!

8314 Washington Boulevard SW, Lakewood

Listing Broker: Windermere Central Sound; Jajuan Winesberry; 206-755-7583; jwinesberry@windermere.com

8610 Onyx Drive SW Unit #A, Lakewood
$319,000
3 Beds ⋅ 1 Baths ⋅ 2563992 MLS ⋅ ACTIVE Status
Welcome to Mt. Vernon Village! This very desirable townhome community is nestled on 15 acres of park-like setting. Must see this affordable one level townhome. Rambling sidewalks throughout for that walk with your pet or check out the inviting pool open in the summer. Clubhouse available for those larger parties. All homes have good sized two car garages. Nice kitchen w/dining area, living room w/fireplace and slider to your enclosed patio. 3 bedrooms, bath w/additional sink/vanity in primary bedroom. Walk to fort Steilacoom farmers markets, dog park, walking/biking trails, coffeeshops, stores & restaurants. Close to JBLM & Western St. Hospital.

8610 Onyx Drive SW Unit #A, Lakewood

Listing Broker: PNW Towns and Sound; Mia Perryman; 253-227-4925; miaperryman@gmail.com

7501 Ruby Drive SW Unit #G203, Lakewood
$219,950
1 Beds ⋅ 1 Baths ⋅ 2591874 MLS ⋅ ACTIVE Status
Welcome Oakbrook Country Club Condominiums, where comfort, convenience, and community come together. This well maintained top-floor 1-bedroom home offers a bright, welcoming atmosphere with a cozy wood-burning fireplace for chilly evenings and a private deck overlooking the pool, the perfect spot to enjoy your morning coffee or unwind at the end of the day. Enjoy resort-style amenities including 2 swimming pools, a clubhouse, cabana, and BBQ area, all designed to enhance your everyday lifestyle. Whether you're a first-time buyer, looking to downsize, or seeking easy, low-maintenance living, this is a place you'll be proud to call home. just steps from Oakbrook Golf Club. HOA covers water, garbage & lawn service. Assigned parking, extra storage, and NO RENTAL CAP! Truly turnkey!

7501 Ruby Drive SW Unit #G203, Lakewood

Listing Broker: John L. Scott R.E. Lake Tapps; Chris Engrave; 253-219-3000; puyalluprealtor@gmail.com

9015 Forest Ave SW, Lakewood
$465,000
3 Beds ⋅ 2 Baths ⋅ 2590914 MLS ⋅ ACTIVE Status
Welcome to your new home! This beautifully refreshed home offers comfortable living, generous outdoor space, and plenty of room for your vehicles, toys, and more.Step inside to find fresh updates throughout the home, including fresh interior paint that creates a clean, bright, and move-in-ready feel. The functional layout offers comfortable spaces for everyday living, relaxing, and entertaining.Outside, you'll love the large yard with plenty of space to enjoy, entertain, garden, or create your own outdoor retreat. A detached garage provides additional parking, storage, or workspace, while the property offers tons of additional parking space—perfect for multiple vehicles, guests, or recreational vehicles.Conveniently located near shopping, dining, schools, parks, and everyday essentials, with easy access to major roadways, JBLM, and surrounding communities.Freshly updated, spacious, and ready for its next owner—come see everything this home has to offer!

9015 Forest Ave SW, Lakewood

Listing Broker: Best Choice Network LLC; Nofiani Ciccia; 206-861-9399; nofi@ciccia-re.com

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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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