Lakewood Homes under $1.25 million

Welcome to Lakewood, Washington – a hidden gem nestled in the heart of Pierce County. Known for its lush landscapes and vibrant community, Lakewood offers a perfect blend of suburban tranquility and urban convenience. With its picturesque parks, pristine lakes, and a variety of recreational opportunities, Lakewood is an ideal place for families, young professionals, and retirees alike.

One of the most appealing aspects of Lakewood is its diverse range of homes, especially for those seeking properties under $1.25 million. Whether you’re looking for a charming single-family home, a modern townhouse, or a spacious property with ample outdoor space, Lakewood has something to suit every taste and budget. The real estate market here is thriving, with homes that feature contemporary designs, cozy interiors, and stunning views of the surrounding natural beauty.

Lakewood is not just about beautiful homes; it also boasts excellent schools, numerous shopping options, and a strong sense of community. Residents enjoy easy access to major highways, making commutes to nearby cities like Tacoma and Seattle a breeze. Plus, with an array of outdoor activities available, from hiking and biking trails to boating on American Lake, there’s never a shortage of ways to enjoy the great outdoors.

If you're considering making Lakewood your home, you’ll find a welcoming community filled with friendly neighbors and a rich tapestry of cultural experiences. Explore the possibilities of living in Lakewood, where your dream home awaits under $1.25 million!

Newest Lakewood Homes under $1.25 million

$450,000

3 Beds ⋅ 2 Baths ⋅ 2591420 MLS ⋅ ACTIVE Status

A European-inspired design on a rare, flat 8,500-square-foot lot in one of Lakewood's most sought-after neighborhoods. Clean lines, minimalist finishes, and thoughtful design throughout—nothing overdone. This is the kind of home that doesn't try too hard because it doesn't have to. Step inside and the vaulted ceilings make an immediate impression, creating an open, airy feel that makes the 1,092 square feet live much larger than expected. The primary suite is a true retreat, featuring a spacious bedroom, a private full bath, and the kind of separation that just makes sense. Outside, meticulous landscaping and a sleek modern fence surround the property, offering the rare combination of standout curb appeal and genuine privacy. The backyard is flat, expansive, and perfectly suited for entertaining, relaxing, or simply enjoying the outdoors. Complete with a two-car garage and located in a neighborhood where pride of ownership is evident, this is a home that delivers style, comfort, and a setting that's increasingly hard to find.

8102 Oakridge Drive SW, Lakewood

Listing Broker: Pellego, Inc.; Nikita Krivorak; 760-818-6914; nikita@cityhometeam.com

$569,000

3 Beds ⋅ 2 Baths ⋅ 2591239 MLS ⋅ ACTIVE Status

Welcome to 7121 Citrine Ln SW, located in the desirable Lakewood area of Pierce County. This single-family home offers a great opportunity for buyers looking to make a property their own. Situated in an established residential neighborhood, the home provides comfortable living spaces with plenty of potential to update, personalize, and add value. The property offers convenient access to local shopping, dining, schools, parks, and major roadways, making everyday commuting and amenities easily accessible. Whether you're searching for your next home or an investment opportunity, this property is full of possibilities. Bring your vision and explore everything this Lakewood home has to offer!

7121 Citrine Lane SW, Lakewood

Listing Broker: Congress Realty; Andrew English; 888-881-4118; support@congressrealty.com

$785,000

5 Beds ⋅ 3 Baths ⋅ 2587956 MLS ⋅ ACTIVE Status

TWO HOMES. TWO PARCELS. ONE RARE OPPORTUNITY. Introducing The Evergreen House (6146) and The Haven House (6148)—two beautifully renovated, move-in-ready homes on separate legal parcels, now available together. A unique opportunity for investors, multigenerational living, owner-occupants seeking additional income, or builders and developers looking toward future possibilities. Live in one and rent the other, create a private family compound, hold both as income-producing rentals, or explore additional housing and development potential. Buyer to verify all development feasibility and intended use with the City of Lakewood. Both homes have been thoughtfully refreshed with modern finishes, new appliances, updated interiors and turnkey appeal. Two separate homes and parcels provide exceptional flexibility today with exciting possibilities for the future. Conveniently located near JBLM with easy access to I-5, shopping, dining and everyday amenities. Purchase together or separately. See MLS #2584951 for The Evergreen House at 6146 and MLS #2584897 for The Haven House at 6148.

6146 88 Street SW, Lakewood

Listing Broker: Coldwell Banker Bain; Natalie Sutey; 509-679-1371; natalie.sutey@cbrealty.com

15401 Washington Avenue SW Unit #3, Lakewood

$110,000

2 Beds ⋅ 2 Baths ⋅ 2587902 MLS ⋅ ACTIVE Status

Freshly reimagined from top to bottom, this spacious Lakewood home delivers the style, space, and finishes you rarely find at this price point. Offering 1,344 sq ft, this 2-bedroom, 1 and three-quarters bath double-wide features a complete renovation and a standout kitchen designed for cooking and entertaining, with an oversized center island, abundant cabinetry and storage, built-in cooktop, statement range hood, and generous prep space. Fresh finishes continue throughout the comfortable, open floor plan. A ductless heat pump with A/C provides year-round comfort, complemented by a newer roof. Outside, enjoy a porch/deck, front patio, additional storage, and parking for two. Set in an all-ages community near American Lake with convenient access to JBLM, shopping, dining, parks, and commuter routes. Space rent $1,050/month. Park approval required.

15401 Washington Avenue SW Unit #3, Lakewood

Listing Broker: Keller Williams Realty Bothell; Angelica Ramos; 360-612-2203; angelicara@kw.com

$495,000

3 Beds ⋅ 2 Baths ⋅ 2589126 MLS ⋅ ACTIVE Status

This updated 3-bedroom, 1.5-bath home offers thoughtful touches throughout, including luxury vinyl plank flooring throughout and recently updated bathrooms. The dining room features a wood-burning fireplace, while the living room has a gas fireplace and opens to a fully covered patio. Outside, the fully fenced backyard offers mature landscaping, an outbuilding, and a wood-burning fire pit for gatherings. A gas fire pit can also be included.The kitchen features a farmhouse sink, butcher block countertops, and cabinets that have been completely refinished and refaced. Other updates include a tankless water heater, a Mr. Cool heat pump with two heads, three sun tube skylights for extra nature light, and a one-year-old Samsung all-in-one washer/dryer. The spacious primary bedroom has a remodeled custom closet with a half bath. Another bedroom includes a built-in Murphy bed.The roof is approximately six years old, and the large driveway leads to an attached two-car garage. Conveniently located near Joint Base Lewis-McChord, parks, and other amenities, this home has details best appreciated in person—come take a look!

10415 110th Street SW, Lakewood

Listing Broker: Brightline Realty; Jennifer Martirosian; 253-732-3977; jennfarrell@gmail.com

$680,000

4 Beds ⋅ 3 Baths ⋅ 2588732 MLS ⋅ ACTIVE Status

Beautiful home on over 1/3 acre in the heart of Lakewood's desirable Racquet Club Estates community. The perfect blend of vintage charm and modern upgrades. A distinguished double door entry opens up to a main floor featuring oversized windows, allowing for an abundance of natural light. Off of the beautiful stone-floored entryway is a MAIN FLOOR BEDROOM with its own sink vanity & private door to the MAIN FLOOR FULL BATHROOM, making this home perfect for multigenerational living. Main floor also features 2 living areas, each with its own fireplace, designated dining space w/ a grand view of the PARK-LIKE BACK YARD and an UPDATED KITCHEN w/ peninsula perfect for a breakfast bar. Don't miss the pantry tucked behind the fridge! A pocket door conveniently closes off the back living area from the entryway if you wish! Through a slider off of the rear living area is the absolute highlight of this home; a LARGE SUNROOM/SOLARIUM. Enjoy the sun & a view of your large landscaped back yard year-round in this great heated space! Upstairs you'll find the remaining bedrooms, incl. a large primary bedroom w/ grand 2-door entry, ensuite 3/4 bath and walk-in closet w/ organizers. A pocket door closes off the shower area for privacy. Also upstairs is an additional great-sized full bathroom. Ceiling fans in all upstairs bedrooms and rear living area! CENTRAL A/C! Semi-circle driveway w/ ABUNDANT PARKING. Large 2-CAR GARAGE W/ WORKSPACE! Quick access to I-5 & JBLM! Great location for commuters!

5514 116th Street SW, Lakewood

Listing Broker: Realty One Group Bold; Mandy Klebe; 559-920-8034; Mandy@HomeFrontHomeTeam.com

$394,000

2 Beds ⋅ 1 Baths ⋅ 2585063 MLS ⋅ ACTIVE Status

Finally! That huge, level lot you have been looking for! 15,000 sq ft (0.344 Acres!) in R4 zoning in quiet neighborhood close to Steilacoom Lake! Legacy home features two bedrooms, full hall bath, open-concept living room & dining room, kitchen with south-facing breakfast nook for added morning light, inside utility room and large carport! Also, 304 sf ft outbuilding! Need a large off-street parking area? Need to build a large workshop? Need to build an ADU? Welcome Home!

10019 Oak Lane SW, Lakewood

Listing Broker: RE/MAX Northwest; Eric Herbel; 253-988-6262; ericherbel@remax.net

$568,000

3 Beds ⋅ 3 Baths ⋅ 2586336 MLS ⋅ ACTIVE Status

FULLY FINISHED BASEMENT (TA-50room) adds incredible flexibility to this beautifully updated Lakewood home! Offering 2,265 sq ft of finished living space, this home features 3 conforming bedrooms plus 2 additional finished rooms downstairs—perfect for guest space, home offices, fitness, hobbies, playrooms, or multi-generational living. The thoughtfully updated interior offers a stylish kitchen, comfortable living spaces, and room to spread out across two levels. The finished lower level creates an entirely separate area for work, play, guests, or everyday living. Step outside to a generous fenced yard with plenty of room for entertaining, gardening, pets, or play. A detached 2-car garage plus RV parking provides the storage and parking buyers are looking for. Enjoy convenient access to American Lake and nearby parks and recreation, along with an easy commute to JBLM, the VA hospital, shopping, dining and I-5. Move-in ready with updates already completed, this home delivers the space and versatility that can be hard to find at this price. Come see just how much home $568,000 can buy!

9810 119th Street SW, Lakewood

Listing Broker: KW Lake Washington So; Laura Hinds; 206-380-1900; laura@laurahinds.com

$599,000

3 Beds ⋅ 2 Baths ⋅ 2586966 MLS ⋅ ACTIVE Status

Well built and wonderfully maintained home on a large landscaped lot in a beautiful established neighborhood. Home offers a mix of vintage charm and modern convenience, with ample living space. Spacious kitchen with eating space, large living room and dining room (or office) on the main floor, along with the primary bedroom, second bedroom and full bath. Daylight basement, offers a family room, third bedroom, utility room and access to the large 3 car garage with workshop space. Massive covered deck in back overlooks the large beautiful yard and is perfect for entertaining. Ample sunlight throughout with large windows and sliding doors to the deck from both the living room and primary bedroom, as well as newer skylights installed in 2021 along with a new roof. Home was completely resided in 2021 with hardie plank. New furnace and AC installed in 2024. Tucked away in a quiet neighborhood, this home is peaceful escape while being close to all necessary conveniences. Current mortgage is VA with a balance of $406k at 3.5% and could be assumable.

10827 Williams Way SW, Lakewood

Listing Broker: Skyline Properties, Inc.; Erik R. Tinglum; 253-224-7170; erik@tridentnorthwest.com

$625,000

3 Beds ⋅ 3 Baths ⋅ 2586539 MLS ⋅ ACTIVE Status

Huge mid-century rambler on a sprawling lot with an almost-complete detached DADU in the backyard! This spacious home offers 3 bedrooms + an additional finished room, 2.5 baths, and plenty of area to spread out. Enjoy multiple living spaces, including a large rec room with LVP flooring and an oversized dining room that could easily double as a second living area. Entertaining is easy with a wet bar, butler’s pantry, breakfast bar, and additional eat-in space. Cozy up around the wood-burning fireplace in the living room, or retreat to the spacious primary suite featuring LVP flooring, generous closet space, and a private full bath.Head out back to find a newer storage shed plus the nearly completed “little house.” This detached structure has already been plumbed and wired and offers exciting possibilities for additional living space or future rental income. Enjoy peace and privacy in this tucked-away setting while still being close to Lakewood’s great amenities. Big pricey UPDATES include Brand NEW Electrical Panel to main house, brand NEW installed boiler for heating system, fresh exterior paint, and back side of roof replaced in last 2 years!!

10810 59th Avenue SW, Lakewood

Listing Broker: Best Choice Realty; Stacie Rodriguez; 253-951-0884; stacie@soldbystacie.com

$389,000

3 Beds ⋅ 2 Baths ⋅ 2586337 MLS ⋅ ACTIVE Status

Bring your design ideas and sweat equity to this classic 1955 single-level home, perfectly positioned on a generous 9,500-square-foot lot. Offering 1,235 square feet of comfortable living space, this property features 3 bedrooms, 1.5 bathrooms, and wonderful mid-century character waiting to be shined up. Step inside to discover hardwood floors running through most of the main living areas, complemented by a a cozy wood-burning fireplace in the oversized living room. The dining room flows seamlessly outdoors through large sliding glass doors, opening up to a spacious, fully-fenced backyard that is ready for gardening, pets, or weekend gatherings. You can focus your budget entirely on cosmetic updates knowing that some major systems were recently updated: Roof, Furnace, Air Conditioning and Water Heater all installed new in 2017/2018. Additional features include a convenient one-car garage plus a one-car carport & detached outbuilding in back for plenty storage. Whether you are looking to build instant equity or customize a home to your preferred taste, this solid property offers an incredible opportunity in a great neighborhood.

8914 Hipkins Road SW, Lakewood

Listing Broker: RE/MAX Northwest; Shane Blondin; 253-232-6885; shane@shaneblondin.com

$595,000

4 Beds ⋅ 2 Baths ⋅ 2585290 MLS ⋅ ACTIVE Status

Set on a large corner lot in the heart of Lakewood, this grand old rambler has character, space, and a setting that's getting harder to find. Surrounded by towering fir trees, the home feels private & established while still being close to everything. It's a great central location, just mins from shopping, restaurants, parks, schools, recreation, and all that Lakewood has to offer. Inside, HW floors run throughout, adding warmth and character from room to room. The primary bedroom is spacious and its bathroom is chic, and the comfortable one-level floor plan makes for easy living. The recently refreshed kitchen has brand-new quartz counters and almost-new SS appliances. Roof replaced in 2021. The bsmt has plenty of extra storage space, a welcome bonus in a home like this. Outside, the large 36x12-foot deck provides a great spot for entertaining, relaxing, or simply enjoying the setting and surrounding trees. There's also a large detached garage with newer garage doors, along with a separate outbuilding that could work nicely as a studio, workspace, or workout room. Two water heaters add another practical feature, and the generous lot provides plenty of room to park an RV while still leaving lots of usable outdoor space. With its combination of character, privacy, extra space, useful updates, and a location in the heart of Lakewood, there's a lot to appreciate here. Come take a look at this truly special home! Ask about the assumable VA mortgage at 2.25 percent.

10903 Meadow Road SW, Lakewood

Listing Broker: COMPASS; Mike Larson; 253-209-1572; mike.larson@compass.com

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