9832 American Avenue SW, Lakewood, WA 98498 (MLS # 2488240)

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Listing provided courtesy of Northwest MLS; RE/MAX Northwest

PRICE $1,345,000 dsIDX morgage calculator
BEDS 4
BATHS 2.75
HOME SIZE 4,100 sqft
LOT SIZE 28,367 sqft

Gorgeous American Lake Waterfront Parcel with two homes on it! Value is in the land and rental income while remodeling or tearing down the original home in average condition. Amazing, sunny southward facing approx. 120 ft of no bank lakefront with a dock! The sprawling home has over 4100 sq. ft. of space, with views from all the main rooms across the home facing south, as well as a nice deck & large patio overlooking the lake and lovely Mt Rainier views. Large rustic beamed living room, white kitchen, bonus family room and the primary BR make up the main floor. Upstairs is two generous bedrooms & a bath, plus an unfinished space that could be another bath? Downstairs boasts the 4th BR, a spacious rec room & another 3/4 bath. Just past the deck is the large lawn leading down to the no bank gravel beach, dock and storage cabana near the shore... it's dreamy! There's a two car carport, an upper garage that is currently a shop, and a lower garage on the east of the home. There is separate 884 square foot, 2 BR, 1 BA home built in 1941 facing American Ave that is a part of this parcel. It should rent for $2000 a month. The total land parcel is .64 acres, with a long paved driveway leading down to the main home. Simply a lovely piece of American Lake Waterfront!

LAST UPDATED 3/5/2026 TRACT American Lake
YEAR BUILT 1932 COMMUNITY American Lake
COUNTY Pierce STATUS Active
PROPERTY TYPE(S) Single Family

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


ADDITIONAL DETAILS
AIR None
APPLIANCES Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Water Heater
AREA 38 - Lakewood
BASEMENT Daylight, Partially Finished, Yes
CONSTRUCTION Wood Siding
EXTERIOR Garden
FIREPLACE Yes
GARAGE Attached Garage, Yes
HEAT Natural Gas
INTERIOR Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Water Heater
LOT 0.6512 acre(s)
LOT DESCRIPTION Paved, Value In Land
LOT DIMENSIONS Odd shaped... see plat!
MLS STATUS Active
PARKING Attached Carport, Attached, RV Access/Parking
STORIES 1.5
STYLE 17 - 1 1/2 Stry w/Bsmt
SUBDIVISION American Lake
TAXES 14188
UTILITIES Sewer Connected
VIEW Yes
VIEW DESCRIPTION Lake, Mountain(s)
WATER Public
WATERFRONT Yes
WATERFRONT DESCRIPTION Lake, Waterfront
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 3/6/26 8:02 PM PST. 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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