Lakewood Land for Sale

Welcome to Lakewood, Washington—a hidden gem nestled in Pierce County that offers a perfect blend of urban convenience and natural beauty. Known for its lush landscapes and vibrant community, Lakewood is an ideal place for those looking to invest in land and create their dream home or business.

Situated just south of Tacoma and approximately 40 miles from Seattle, Lakewood provides easy access to major highways and public transportation, making it a prime location for commuters. The city is rich with recreational opportunities, boasting stunning parks like Fort Steilacoom Park and the serene Waughop Lake, where residents can enjoy hiking, picnicking, and various water activities.

Lakewood is also home to a diverse array of shopping, dining, and entertainment options. Whether you’re exploring the local farmer’s markets or indulging in the culinary delights of the area’s restaurants, there’s something for everyone. The community prides itself on its inclusive atmosphere, with numerous events and festivals throughout the year that bring neighbors together.

Now is the perfect time to consider investing in land for sale in this thriving city. With a variety of parcels available, you can find the ideal spot to build your future. Whether you envision a cozy family residence or a vibrant commercial space, Lakewood offers the perfect backdrop to make your dreams a reality. Don’t miss out on the opportunity to be part of this flourishing community—your piece of Lakewood awaits!

Newest Lakewood Land for Sale

$289,950

2563546 MLS ⋅ ACTIVE Status

Rare opportunity to own what may be the last available golf course cul-de-sac homesite on Oakbrook Golf Course! Perfectly positioned along the putting green of the 3rd fairway with 127 ft. of frontage, this exceptional vacant lot offers a premier setting to build the custom home you've always envisioned. Whether you're a builder, investor, or future homeowner, this property provides a truly unique opportunity in one of the area's most established golf course communities. Zoned R3, this property offers exciting possibilities for residential or multi-family development. The adjacent residence is also available for purchase (MLS# 2563543), creating the rare option to acquire both properties for expanded possibilities, or purchase the lot separately following the home sale. Conveniently located near shopping, dining, parks, schools, and commuter routes, this is your chance to secure a one-of-a-kind homesite in an outstanding golf course location.

90th Avenue SW, Lakewood

Listing courtesy of Better Properties Summit.

$899,000

2538170 MLS ⋅ ACTIVE Status

LAKE LIFE, REIMAGINED. A rare opportunity to own more than an acre of waterfront on Gravelly Lake, one of Lakewood's most coveted addresses. Offering 45 feet of private frontage, this legacy property is the kind of opportunity that rarely becomes available. Known for its calm waters, exceptional privacy, and remarkably peaceful setting, Gravelly Lake is widely regarded as one of the area's most desirable lakes. The property slopes gently from street to shoreline, creating an exceptional setting for a custom waterfront estate. Positioned along the lake's southeast shoreline, the homesite enjoys beautiful afternoon sun, water views, and spectacular sunsets that become part of everyday life. This is one of the final opportunities to build new on Gravelly Lake, where vacant waterfront parcels are exceptionally rare. Just around the corner, Tacoma Country & Golf Club offers optional golf and social memberships, adding another layer to an already extraordinary lifestyle. Bring your architect, bring your vision, and create something truly timeless. Buyer to verify all zoning, building, and development requirements with the City of Lakewood.

12795 Gravelly Lake Drive SW, Lakewood

Listing courtesy of Morrison House Sotheby's Intl.

$350,000

2556031 MLS ⋅ ACTIVE Status

Positioned across from Harry Todd Park and moments from American Lake, this 0.28-acre MF2-zoned parcel offers a compelling opportunity for a builder or investor seeking a head start on a four-unit concept. The current site plan depicts two attached two-unit buildings with garages, a shared access layout, proposed sewer connections and water meters. Predevelopment work includes engineered plans, structural calculations, soils and stormwater testing, and an active commercial sewer application for Building A. The mostly level, partially cleared lot is surrounded by established residential development with convenient access to schools, JBLM and I-5. Significant professional design and coordination provide a more developed starting point than a typical vacant parcel. Buyer to independently verify zoning, development feasibility, plans, approvals, utilities, costs and requirements.

14507 Woodlawn Street SW, Lakewood

Listing courtesy of Real Broker LLC.

$625,000

2532737 MLS ⋅ ACTIVE Status

A rare opportunity – the last of a few undeveloped waterfront properties on Gravelly Lake. Even rarer still, a south-facing waterfront custom homesite in the coveted Madera Gardens gated neighborhood. Picture your dream home, sitting proudly at elevation looking out over the pristine waters of Gravelly Lake. Offering 103’ of low-bank lakefront and a generous 18,916 square foot lot, create terraced gardens from the elevated home site meandering down to the shoreline. Create a stunning outdoor entertainment area with nearly all-day sun thanks to the southerly perspective. Gravelly Lake is the ideal private water enthusiast’s paradise with limited boat traffic with lake access limited to residents. Enjoy sailing, fishing, kayaking, and watersports. Start your day by waking to the natural, soothing movements of the water & behold an osprey catching a fish. Unwind at the end of the day, admiring the sunset. Tacoma Country & Golf Club is just around the corner for social and golf membership. Enjoy the private formal gardens of the early 1900's Gravelly Lake Estate of Madera.

11623 Madera Gardens Drive SW, Lakewood

Listing courtesy of COMPASS.

$250,000

2535528 MLS ⋅ ACTIVE Status

Beautiful building lot ready for your new home in the heart of Lakewood. Very large. 3-acre lot nestled down a paved access easement. First time on the market in 46 years. The lot is fairly overgrown but walkable. Please use the easement down the side of 10421 Meadow Rd for access and not the neighboring properties driveway.

Ponce De Leon SW, Lakewood

Listing courtesy of ALLEN Realtors.

$525,000

2535263 MLS ⋅ ACTIVE Status

Investor alert! Over 1 acre with prime short-plat and multi-unit development potential. The solid 2 bed, 1 bath, 2,000+ sq. ft. brick bungalow with detached garage is ideally situated at the front of the parcel—leaving expansive space for additional homes, duplexes, or more. The property is fully fenced, and the home is in good condition. Sold as-is through an estate sale. Excellent location close to JBLM, I-5 corridor improvements, shopping, schools, parks, lakes. Future Sounder station and 1.3-mile shared use trail! Rare opportunity to create multiple income-producing units in a high-demand area. Buyer to independently verify all information, permits, zoning, and development requirements with the City of Lakewood to their satisfaction.

15202 Washington Avenue SW, Lakewood

Listing courtesy of Pellego, Inc..

$799,000

2508142 MLS ⋅ ACTIVE Status

Priced Improved on Prime multifamily-zoned land in Lakewood’s high-growth corridor, just minutes to JBLM. This nearly shovel-ready site includes extensive pre-development work—civil site planning, survey, geotechnical analysis, landscape design, and MEP (mechanical, electrical, plumbing)/energy coordination—saving significant time and upfront costs. Strong soil conditions support efficient stormwater design, enhancing feasibility and reducing development expense. Potential eligibility for the 12-year MFTE program may further improve long-term returns (buyer to verify). Flexible opportunity for builders, investors, or developers seeking a streamlined path to a ~25-unit project in a proven rental submarket. Do NOT disturb tenants.

12524 Addison Street SW, Lakewood

Listing courtesy of eXp Realty.

$595,000

2505379 MLS ⋅ ACTIVE Status

Attention developer and Builders, this is the project that you have been waiting for... Over a 1/3 of acre lot divided and ready for you to put 5 homes on it! With lot permits approved, This ready lot near American Lake has been cleared, Civil engineering is complete, Short plat is complete, drawings are complete, Water/Sewer and gas in the street. Lot is level and close to the American Lake, JBLM, I-5, Minutes away to the Historical town of Steilacoom and all the amenities that Lakewood has to offer. Projects like this do not come around often, get this one while you can.

9836 Newgrove Avenue SW, Lakewood

Listing courtesy of Real Experts Realty.

$399,950

2479359 MLS ⋅ ACTIVE Status

2.62-acre apartment site in low property tax Lakewood plus low vacancy rates and a reduced listing price for extra multiunit cash flow. Building area is in the front 1/3 of property (wetlands beyond). MF1 zoning. Best guess is approximately 20 units. Price reduced plus super owner contract at 3% first year, 4% second year, 5% third year, and 6% for remainder of term (like a 3-2-1 buydown). Seller will negotiate price for a cash out offer. Excellent location for apartment construction with Amazon directly across the street and other major employers in the immediate area. Great access to JBLM and the I-5 Freeway with just a quick commute north to Tacoma or south to Olympia. Property is located between 7817 and 7717 146th Street SW. Price reduced $200,000 for quick sale.

7727 146th Street SW, Lakewood

Listing courtesy of All Real Estate Solution.

$1,000,000

2466534 MLS ⋅ ACTIVE Status

Motivated Seller ~ What's your offer? Attention Developers and Investors: Prime 1.12-acre development opportunity on a main arterial with R4 zoning—potentialfor up to 17 units! Ideal for investors and builders, this level, wooded parcel offers dual access from both Washington Blvd and Moreland, maximizing design flexibility and access. Existing structures include 2 homes, carports, and a large shop—perfect for staging, planning, or rental income during permitting. Don’t miss this rare chance to unlock serious value in a growing area!

8409 Washington Boulevard SW, Lakewood

Listing courtesy of Windermere Prof Partners.

$249,999

2402399 MLS ⋅ ACTIVE Status

Prime Opportunity in the Heart of Lakewood! Welcome to 9001 Forest Ave SW—an exceptional vacant lot nestled in a quiet, established neighborhood just minutes from American Lake, JBLM, and I-5. This level parcel offers a rare blend of privacy and convenience, making it ideal for your custom dream home or a savvy investment project. With utilities nearby and no HOA restrictions, the possibilities are wide open. Whether you're a builder, investor, or future homeowner, this is your chance to secure a piece of Lakewood's growing potential.

9001 Forest Avenue SW, Lakewood

Listing courtesy of Best Choice Network LLC.

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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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