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  • Listed by: Coldwell Banker Danforth • Gina Lane
    $650,000

    8709 116th Street SW, Lakewood, WA 98498

    3beds
    1,780sqft
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    Single Family Residence
    Built in 1953
    0.93 Acres Lot
    $627,600 Zestimate®
    $365/sqft
    $-- HOA

    What's special

    Endless Possibilities on Nearly 1 Acre! Built in 1953 and thoughtfully updated, this home offers a fantastic floor plan with room to live, grow, and create. Featuring 3 spacious bedrooms, a beautifully updated bathroom, an inviting eat-in kitchen, and a bright living room with a large picture window that fills the space with natural light.The main level also offers additional flexible living space that can be customized to fit your lifestyle. Downstairs, you'll find a huge bonus area perfect for a family room, recreation room, home theater, gym, hobby space, or all of the above, the possibilities are truly endless.Outside, classic curb appeal welcomes you home, while the nearly 1 acre flat parcel offers incredible future potential. Buyer to verify with the county, but preliminary possibilities may include subdividing into up to 3 tax lots or developing 2 duplexes plus 2 ADUs. Additional features include a single car attached garage, carport, and abundant parking space. Major updates completed in 2026 include a new roof, gutters, interior paint, and carpet and some light fixtures, making this property move-in ready while offering exciting future opportunities. Space, flexibility, and development potential all in one exceptional property!
    26 days
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    404
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    13
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    Zillow last checked:

    Listing updated:

    Listed by:

    Gina Lane,

    Coldwell Banker Danforth,

    Sunny Mays,

    Coldwell Banker Danforth

    Source: NWMLS as distributed by MLS GRID,MLS#: 2544902MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 3
      Primary bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bathroom full
      • Level: Main
      Den office
      • Description: Extra finished room off living room can be what you need for you!!
      • Level: Main
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Family room
      • Level: Lower
      Kitchen with eating space
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Wall Furnace, Electric
      Cooling
      • None
      Appliances
      • Included: Disposal, Refrigerator, Stove(s)/Range(s), Garbage Disposal, Refrigerator(s)
      Features
      • Dining Room
      • Flooring: Vinyl, Carpet
      • Windows: Dbl Pane/Storm Window
      • Basement: Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 1,780
      • Total interior livable area: 1,780 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached Garage, RV Parking
      • Has attached garage: Yes
      • Covered spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Main
      • Patio & porch: Dbl Pane/Storm Window, Dining Room
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 0.93 Acres
      • Dimensions: 196 x 216
      • Features: Paved, Value In Land, Cable TV, Deck, Fenced-Fully, Outbuildings, Patio, RV Parking
      • Topography: Level
      • Residential vegetation: Garden Space
      Details
      • Parcel number: 0219091057
      • Zoning: LKWD
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 1 Story w/Bsmnt.
      • Property subtype: Single Family Residence
      Materials
      • Wood Siding
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Year built: 1953

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Sewer Connected
      • Water: Public, Company: Lakewood Water

      Community & HOA

      Community
      • Subdivision: Lakewood
      Location
      • Region: Lakewood

      Financial & listing details

      • Price per square foot: $365/sqft
      • Tax assessed value: $510,400
      • Annual tax amount: $5,406
      • Date on market: 6/23/2026
      • Cumulative days on market: 28 days
      • Listing terms: Conventional,FHA,VA Loan
      • Inclusions: Garbage Disposal, Refrigerator(s), Stove(s)/Range(s)

        Estimated market value

        $627,600

        $596,000 - $659,000

        $2,805/mo

        Price history

        DateEventPrice
        6/25/2026Listed for sale$650,000$365/sqft
        Source: NWMLS as distributed by MLS GRID #2544902 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,406 +1%$510,400 +2.8%
        2023$5,352 +0.9%$496,700 -3.4%
        2022$5,305 +1786.1%$514,400 +1174.5%
        2021$281 -8.5%$40,360 -87.9%
        2019$307 $334,500 +5.5%
        2018-- $317,100 +12.7%
        2017$443 $281,300 +25.5%
        2016$443 $224,100 +6.9%
        2014$443 -4.4%$209,600 +12.3%
        2013$464 $186,700 +6.3%
        2012-- $175,600 -14.5%
        2011-- $205,400 -10.7%
        2010-- $230,000 -6.6%
        2009-- $246,200 -11.2%
        2008$292 +0%$277,400 -1.1%
        2007$292 -68.1%$280,500 +82.1%
        2002$915 $154,000 -0.4%
        2001-- $154,600 +8.6%
        2000-- $142,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Idlewild

        Getting around

        14 / 100
        Car-Dependent
        32 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Idlewild Elem
        • Middle: Hudtloff Mid
        • High: Lakes High

        Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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