Lakewood Homes under $500,000

Lakewood Homes under $500,000

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, Lakewood offers a harmonious blend of suburban tranquility and urban convenience. With its picturesque parks, scenic lakes, and vibrant community spirit, it’s no wonder that families, young professionals, and retirees alike are drawn to this charming city.

Lakewood boasts a rich tapestry of recreational opportunities, from the sprawling Fort Steilacoom Park to the serene waters of American Lake. Enjoy hiking, biking, or simply unwinding amidst nature’s beauty. With a variety of shopping centers, dining options, and cultural attractions, residents have everything they need right at their fingertips.

For those looking to invest in their future, Lakewood presents an exciting opportunity in the real estate market. Homes priced under $500,000 are plentiful, making it an ideal locale for first-time homebuyers or anyone seeking to downsize without sacrificing quality of life. You’ll find a diverse selection of charming single-family homes, townhouses, and cozy bungalows, all featuring unique characteristics that reflect the area’s inviting atmosphere.

With excellent schools, a strong sense of community, and easy access to major highways, Lakewood is not just a place to live—it's a place to thrive. Whether you're starting a new chapter or looking for a serene retreat, Lakewood offers the perfect backdrop for your next adventure. Come explore the possibilities and discover why Lakewood is the ideal place to call home!

Newest Lakewood Homes under $500,000

10210 Dekoven Drive SW, Lakewood
$249,950
2 Beds ⋅ 1 Baths ⋅ 2596061 MLS ⋅ ACTIVE Status
Multiple Offers Received! OFFERS DUE BY 3pm 10/20/26 ATTENTION INVESTORS, REHABBERS & CASH BUYERS! Opportunity is knocking in the heart of Lakewood! Bring your vision, creativity, and renovation expertise to this property offering tremendous potential for the right buyer. Whether you're looking for your next fix-and-flip project, an addition to your rental portfolio, or an opportunity to renovate and build equity, this property deserves your attention! The home is in need of significant repairs and updates, making it an ideal candidate for buyers ready to roll up their sleeves and unlock its potential. Conveniently located near shopping, dining, schools, parks, JBLM, major commuter routes, and public transportation. With the right improvements and strategy, this property presents an exciting opportunity to transform a diamond in the rough into something special. Property is being offered AS-IS. Buyer to verify all information to their satisfaction. Bring your contractor, explore the possibilities, and make your next investment move!

10210 Dekoven Drive SW, Lakewood

Listing Broker: eXp Realty; Andre' Jones; 253-324-4167; andre.jones@exprealty.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

2702 93rd Street Ct S Unit #14, Lakewood
$45,000
2 Beds ⋅ 2 Baths ⋅ 2595233 MLS ⋅ ACTIVE Status
Bring your tool belt and your vision! This single wide manufactured home in the Fairfield Estates 55+ community is a true fixer upper with a layout worth the work. The star of the show is the covered deck off the entry, tucked up against the trees on a large corner lot for peaceful morning coffee. Inside, the open floor plan puts the kitchen sink facing the living room, so you can chat while you cook. Two bedrooms sit on opposite sides of the home for privacy. The primary has its own bath with a big soaking tub, and the front bedroom has built-ins. Tons of storage in the laundry room, hallway, and good-sized main bath. Yes, it’s a late-’70s time capsule: retro wallpaper, a built-in china cabinet, and carpet that needs to go. The front steps are awkward, so the deck is your best entry for now. Home has been professionally cleaned. Outside: parking for 4+, a large semi-fenced yard, and a 10'x6' shed with shelves. Reserve the community center for your next gathering!

2702 93rd Street Ct S Unit #14, Lakewood

Listing Broker: Best Choice Realty LLC; Cindy Hileman; 253-720-3533; cindyhilemanre@gmail.com

8909 70th Street Ct SW, Lakewood
$459,950
3 Beds ⋅ 2 Baths ⋅ 2595351 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

8118 Veterans Drive SW, Lakewood
$449,950
4 Beds ⋅ 2 Baths ⋅ 2585819 MLS ⋅ ACTIVE Status
Discover the perfect blend of comfort and style in this beautifully updated 4-bedroom, 2-bath home. Featuring fresh, modern finishes throughout, this inviting home is move-in ready and ideal for first-time buyers or anyone looking for a fresh beginning. Conveniently located in a desirable neighborhood near schools, parks, and shopping, this home offers the perfect balance of everyday convenience and peaceful living. Don’t miss the opportunity to make this charming home your own!

8118 Veterans Drive SW, Lakewood

Listing Broker: COMPASS; Kenneth Patton; 425-894-8974; kenny@patton-re.com

10430 Gravelly Lake Drive SW Unit #42, Lakewood
$199,900
2 Beds ⋅ 2 Baths ⋅ 2591804 MLS ⋅ FIRST LOOK Status
Affordable and Retro Cute with some modernization! this Lakewood Condo cannot be beat! WHY rent when you can own? Payments less than rent for most! VA APPROVED CONDO - PRICED RIGHT! Located in the heart of Lakewood and convenient to everything. Across street from Lakewood Towne Center and tucked off of Gravelly Lake Drive, Le Ponce De Leon Condo #42 is Available SHORTLY! 1065 square feet, 2 bedrooms, and 2 separate bathrooms. Living room has a beautiful upgraded cozy fireplace and slider to the private back porch fenced backyard. Perfect for entertaining! PLUS, wall of windows brings in a lot of natural light. Efficient kitchen with plenty of cabinets and counter space. Large Primary suite with plenty of closet space, and a 3/4 bath. Condo Complex backs to Ponce de Leon Creek and has a nice relaxing open courtyard, outdoor pool, and clubhouse. Your HOA dues of $502/month include water, garbage, and lawn care. Unit #42 has a designated covered parking spot and additional private storage available in the laundry room (right next to your unit). Complex is VA approved, and FHA approved (S017479 001). New roof just completed by HOA. Seller paid off the special assessment for the roof!

10430 Gravelly Lake Drive SW Unit #42, Lakewood

Listing Broker: Real Estate Investment Svcs; Don Campbell; 253-677-3367; Donc@reisinvest.com

8314 Washington Boulevard SW, Lakewood
$399,950
3 Beds ⋅ 2 Baths ⋅ 2593526 MLS ⋅ ACTIVE Status
Discover the charm of this inviting Lakewood rambler, offering privacy, versatility, and room to make it your own! A gated, fully fenced yard creates a private outdoor retreat, while the open-concept living room features luxury vinyl plank flooring, built-in hallway storage, and a cozy fireplace option. The adjoining kitchen, spacious utility room, and flexible bonus room offer practical everyday living. Step onto the newly finished deck and enjoy the backyard, complete with a powered shop and attached carport for hobbies, projects, and extra storage. Ideal for first-time homebuyers or investors, this property offers convenient access to I-5, JBLM, shopping, dining, and everyday essentials. Don't miss this unique Lakewood opportunity! Seller is not financially able to make any repairs, home is sold as is!

8314 Washington Boulevard SW, Lakewood

Listing Broker: Windermere Central Sound; Jajuan Winesberry; 206-755-7583; jwinesberry@windermere.com

8610 Onyx Drive SW Unit #A, Lakewood
$319,000
3 Beds ⋅ 1 Baths ⋅ 2563992 MLS ⋅ ACTIVE Status
Welcome to Mt. Vernon Village! This very desirable townhome community is nestled on 15 acres of park-like setting. Must see this affordable one level townhome. Rambling sidewalks throughout for that walk with your pet or check out the inviting pool open in the summer. Clubhouse available for those larger parties. All homes have good sized two car garages. Nice kitchen w/dining area, living room w/fireplace and slider to your enclosed patio. 3 bedrooms, bath w/additional sink/vanity in primary bedroom. Walk to fort Steilacoom farmers markets, dog park, walking/biking trails, coffeeshops, stores & restaurants. Close to JBLM & Western St. Hospital.

8610 Onyx Drive SW Unit #A, Lakewood

Listing Broker: PNW Towns and Sound; Mia Perryman; 253-227-4925; miaperryman@gmail.com

7501 Ruby Drive SW Unit #G203, Lakewood
$219,950
1 Beds ⋅ 1 Baths ⋅ 2591874 MLS ⋅ ACTIVE Status
Welcome Oakbrook Country Club Condominiums, where comfort, convenience, and community come together. This well maintained top-floor 1-bedroom home offers a bright, welcoming atmosphere with a cozy wood-burning fireplace for chilly evenings and a private deck overlooking the pool, the perfect spot to enjoy your morning coffee or unwind at the end of the day. Enjoy resort-style amenities including 2 swimming pools, a clubhouse, cabana, and BBQ area, all designed to enhance your everyday lifestyle. Whether you're a first-time buyer, looking to downsize, or seeking easy, low-maintenance living, this is a place you'll be proud to call home. just steps from Oakbrook Golf Club. HOA covers water, garbage & lawn service. Assigned parking, extra storage, and NO RENTAL CAP! Truly turnkey!

7501 Ruby Drive SW Unit #G203, Lakewood

Listing Broker: John L. Scott R.E. Lake Tapps; Chris Engrave; 253-219-3000; puyalluprealtor@gmail.com

9015 Forest Ave SW, Lakewood
$465,000
3 Beds ⋅ 2 Baths ⋅ 2590914 MLS ⋅ ACTIVE Status
Welcome to your new home! This beautifully refreshed home offers comfortable living, generous outdoor space, and plenty of room for your vehicles, toys, and more.Step inside to find fresh updates throughout the home, including fresh interior paint that creates a clean, bright, and move-in-ready feel. The functional layout offers comfortable spaces for everyday living, relaxing, and entertaining.Outside, you'll love the large yard with plenty of space to enjoy, entertain, garden, or create your own outdoor retreat. A detached garage provides additional parking, storage, or workspace, while the property offers tons of additional parking space—perfect for multiple vehicles, guests, or recreational vehicles.Conveniently located near shopping, dining, schools, parks, and everyday essentials, with easy access to major roadways, JBLM, and surrounding communities.Freshly updated, spacious, and ready for its next owner—come see everything this home has to offer!

9015 Forest Ave SW, Lakewood

Listing Broker: Best Choice Network LLC; Nofiani Ciccia; 206-861-9399; nofi@ciccia-re.com

6502 Avondale Road SW, Lakewood
$429,900
3 Beds ⋅ 3 Baths ⋅ 2590804 MLS ⋅ ACTIVE Status
Motivated Seller! You can ask for closing costs to be paid & request a no down payment loan application! Convenientl Located near shopping center, bus & parks-Cute Neighborhood! 3 bedroom home w/ 3 bathrms which is unusual for this price range!One car garage w/2 driveway parking spots + street parking. Private deck entrance w/colorful landscape & a second fenced area in back w/covered patio & fenced yard perfect for entertaining w/BBQ grill & gardening. Full sized washer dryer stay. Newer roof, fence & newer neutral color carpets! Huge living room and and adjacent dining room, main floor family room w/ FP on opposite side open to kitchen. The second floor has a bonus room loft w/2 other bedrooms & full bath. Easy to make a 4th bedroom, this home has over 1800 sq ft, 1 car garage w/extra storage area & outlet for freezer+two areas for hobby/craft room! The foyer is large for a potential office. The large remodeled kitchen w/vaulted ceiling, granite counters, stainless steel appliances, high end BOSCH dishwasher, upgraded fridge, oven & hood vent are very modern! Air conditioned too! Recently installed, stylish hardwood surface floors on main level make this a clean place to keep + main flr primary bedroom w/mobility accessible shower that's level w/tiled floor for getting in/out easy! Lots of closet space +unfinished walk-in attic! Seller finally installed new doors to primary bathrm to address prior feedback given, such an easy fix, don't miss out on this home! Pre-inspected

6502 Avondale Road SW, Lakewood

Listing Broker: CENTURY 21 North Homes Realty; Tamra Smilanich; 206-779-7999; tsmilanich@c21nhr.com

8629 108th Street SW, Lakewood
$495,000
3 Beds ⋅ 2 Baths ⋅ 2592103 MLS ⋅ ACTIVE Status
Welcome to this spacious and inviting one-story Lakewood home offering 3 bedrooms, 1¾ baths, and 1,586 sq. ft. of comfortable living space, plus an impressive 458 sq. ft. enclosed patio and porch offering incredible potential for a bonus room, home office, recreation space, gym, studio, or entertaining area. Set on a generous .23-acre lot, the single-level layout provides easy everyday living with plenty of room to relax and gather. Skylights and double-pane windows bring in abundant natural light, while the spacious primary bedroom features a private bath for added convenience. Enjoy year-round comfort with a newer furnace and A/C. A 2-car garage provides secure parking and valuable storage. Outside, the expansive lot offers plenty of room for gardening, entertaining, recreation, or simply enjoying the space. Conveniently located near shopping, dining, parks, schools, recreation, and major commuter routes. With its generous lot, flexible bonus space, valuable updates, and one-level living, this Lakewood home offers exceptional versatility and opportunity.

8629 108th Street SW, Lakewood

Listing Broker: RE/MAX Northwest; Patti Dains DeYoung; 253-381-7503; Patti@Pattishomes.com

Start Your Search
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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

How much is your home worth?

Get instant property value now!