Lakewood Homes under $700,000

Lakewood Homes under $700,000

Welcome to Lakewood, Washington—a hidden gem nestled in the heart of Pierce County! Just a stone’s throw from the bustling city of Tacoma and the breathtaking beauty of Mount Rainier, Lakewood is a vibrant community that offers the perfect blend of suburban charm and natural wonder. With its lush parks, scenic lakes, and a strong sense of community, Lakewood is an ideal place for families, professionals, and retirees alike.

One of the most appealing aspects of Lakewood is its diverse range of housing options, particularly for those seeking homes under $700,000. Whether you're a first-time buyer or looking to downsize, you’ll find a variety of well-maintained properties that cater to different tastes and lifestyles. From cozy single-family homes with spacious yards to modern townhouses with contemporary finishes, Lakewood has something for everyone. The affordability of homes in this area makes it a fantastic opportunity for buyers looking to invest in a thriving community without breaking the bank.

In addition to its attractive real estate market, Lakewood boasts excellent schools, a plethora of recreational activities, and easy access to major highways, making commuting a breeze. The city's commitment to preserving green spaces means you can enjoy outdoor activities year-round, whether it’s hiking, biking, or simply soaking in the stunning views of the surrounding landscape.

Discover the charm of Lakewood, WA, where you can find your dream home under $700,000 and embrace a lifestyle enriched by community spirit and natural beauty. Your new beginning awaits in this delightful city!

Newest Lakewood Homes under $700,000

10215 Hemlock Street SW, Lakewood
$535,000
3 Beds ⋅ 2 Baths ⋅ 2599554 MLS ⋅ ACTIVE Status
Discover the charm of this inviting rambler! Nestled in an established, no HOA neighborhood, this home offers the perfect combination of comfortable one-story living, thoughtful updates, & generous outdoor space! Situated on a spacious .26-acre lot, the fully fenced backyard offers endless possibilities for entertaining, gardening, recreation, or simply enjoying your own private outdoor retreat. Inside, you are greeted by a custom designed entry, white brick fireplace with modern tile design accent, the beautifully refinished hardwood floors (October 2026), fresh interior and exterior paint, and updated kitchen and bathrooms. Double doors off dining room lead to covered patio. The crawl space was also redone in 2025. The two-car garage features built-in cabinetry and has been thoughtfully set up as a home gym, offering incredible versatility for fitness enthusiasts, hobbyists, or those seeking additional organized storage. Large laundry with access to back yard for easy, clean access indoors. Enjoy an exceptional location just minutes from beautiful Steilacoom Lake and the 340-acre Fort Steilacoom Park, featuring miles of scenic walking trails, sports fields, playgrounds, and an off-leash dog park. Convenient access to shopping, dining, JBLM, I-5, and Highway 512 makes commuting and everyday living a breeze. A wonderful opportunity to enjoy an established Lakewood neighborhood with a generous yard, desirable single-level living, and updates that make this home ready to enjoy!

10215 Hemlock Street SW, Lakewood

Listing Broker: Berkshire Hathaway HS SSP; Jill Phillips; 253-312-1154; jill@jphillipsre.com

8414 John Dower Road SW Unit #7, Lakewood
$225,000
1 Beds ⋅ 1 Baths ⋅ 2598540 MLS ⋅ ACTIVE Status
Charming 55+ 1-Level, 1-Bedroom, 1-Bathroom Updated Condominium near Steilacoom Lake! This 550sqft Home in Colonial Terrace Condos features New Electrical Service Panel and 2-New Mini Splits (One in Living Room and One in Bedroom). Living Room w/Brick Wood-Burning Fireplace w/White Painted Mantle, Ceiling Fan, Remote Control Honeycomb Blinds and new LVP floors which extend into the Dining and Kitchen. Kitchen features Maple Cabinetry, Corian Counters, Double Sink, Electric Range and Refrigerator. Dining Room with remote control Honeycomb Blinds. Primary Bedroom has a large Mini Split for Heat & AC and offers a large closet along with honeycomb blinds. Luxurious Spa-Like Bathroom w/Custom Tiled Shower w/Teak Pull-Down Seat, Pedestal Sink, Linen Cabinets and Tile Floors. Laundry is an all-in-one unit for the ultimate space-saver & it stays! Throughout, you'll love the white 6-panel doors, vaulted ceilings, wainscotting, and white millwork. The grounds are gorgeous and this unit is one of the best! One Designated Parking Space, Guest Parking + Your Own Shed for Extra Storage Needs. This home sits in the back of the neighborhood with no street traffic noise, so you'll enjoy a larger open space and your rear neighbors are very quiet. Peaceful grounds, Extra Privacy, All Appliances included and Open Space abounds. Close to multiple golf courses (3 w/in 5 miles!), parks, shopping, medical facilities and beaches. What more could you ask for? Come take a look today!

8414 John Dower Road SW Unit #7, Lakewood

Listing Broker: Wilcox Real Estate; Charles Wilcox; 253-973-2096; wilcoxhomegroup@gmail.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

10526 Wauna Street SW, Lakewood
$674,900
5 Beds ⋅ 3 Baths ⋅ 2594289 MLS ⋅ ACTIVE Status
Back On the Market and better than ever! Sellers have recently put Thousands of Dollars worth of high quality updates into this home!!! This newly updated home features 5 Bdrms Plus office/studio with closet and Lake Louise view. This home has been lovingly cared for and is in excellent move in condition. Short walk to the lake and walking distance to the high school. Mature, beautiful landscaping with terraced landscaping and a patio out back perfect for relaxing with a favorite beverage and admiring the Lake view and beautiful trees, or in the chillier weather enjoy one of the two fireplaces in the living room and den. This home is perfect for large gatherings or just spreading out. 1st time on the market in over 40 yrs! The sellers just recently updated the kitchen, bathrooms, mud room, lighting fixtures, flooring as well as fresh paint throughout! The new farmhouse sink with garden window to enjoy the views is fantastic, new butcher block and marble countertops and fresh painted real wood cabinets just add to this homes splendor. Electrical was updated and box replaced last year. Pre-inspected and in perfect condition. There are hardwood floors beneath the carpeting as well. This stunning large home is a true gem, beautiful landscaping, a quiet, dead end road and partial Lake views and brand new fresh updates! What more could you possibly want? Well.. ...what about a 1yr home warranty well....You got it!

10526 Wauna Street SW, Lakewood

Listing Broker: Hawkins Poe; Danielle Laybourn; 253-348-8066; danielle@daniellelaybourn.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

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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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