12703 Vernon Avenue SW, Lakewood, WA 98498 (MLS # 2577615)

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Listing provided courtesy of Northwest MLS; John L. Scott, Inc.

PRICE $520,000 dsIDX morgage calculator
BEDS 5
BATHS 3.5
HOME SIZE 2,974 sqft
LOT SIZE 9,601 sqft

Create Your Dream Home by American Lake! A blank canvas in a prime location, this spacious 5-bedroom, 3.5-bath home offers 3,262 sq ft of opportunity just steps from American Lake Park and the boat launch. Largely original and ready for your vision, this property is an exciting chance to transform a well-sized home into something truly special in one of Lakewood's sought-after lake areas. The main level offers generous living spaces and room to reimagine the layout, finishes and functionality to fit your lifestyle. The large .22-acre lot provides space for outdoor living, gardening, entertaining and more. Best of all, there's no HOA, giving you greater flexibility to make the property your own. The basement adds exceptional versatility with a potential multifamily or ADU-style setup featuring 1 bedroom, living room, full bathroom, full kitchen and washer/dryer connections, plus additional unfinished space offering even more potential. Whether you envision multigenerational living, guest accommodations, rental income or a private retreat, the possibilities are worth exploring. Enjoy easy access to American Lake Park, the boat launch, recreation, shopping and JBLM. Bring your contractor and determine the possibilities! Sold As Is, May Need A Rehab Loan For Conventional Financing, Offer Review 9/14/26 @ 9am.

LAST UPDATED 9/4/2026 TRACT Lakewood
YEAR BUILT 1978 COMMUNITY Lakewood
COUNTY Pierce STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Buyer To Verify
Jr. High School Buyer To Verify
High School Buyer To Verify


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher, Electric Water Heater, Refrigerator, Water Heater
AREA 36 - Lakewood
BASEMENT Partially Finished, Yes
CONSTRUCTION Wood Siding
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Electric, Forced Air, Wood
INTERIOR Bath Off Primary, Dining Room, Fireplace, Second Kitchen, Water Heater
LOT 9601 sq ft
LOT DESCRIPTION Adjacent to Public Land, Corner Lot, Curbs, Dead End Street, Drought Resistant Landscape, Paved, Sidewalk
MLS STATUS Active
PARKING Attached, RV Access/Parking
STORIES 2
STYLE 18 - 2 Stories w/Bsmnt
SUBDIVISION Lakewood
TAXES 5156
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION Territorial
WATER Public
MORTGAGE CALCULATOR
   

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 9/4/26 10:31 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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