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253-691-8561
Terrafin Real Estate
14312 Thorne Lane SW Unit #15, Lakewood, WA 98498
- $2,100,000
- 7,716
- SqFt
Listing Broker: Keller Williams Realty PS; Chris Ranch; ; Selling Office: Timber Real Estate.
- Sold Price
- $2,100,000
- List Price
- $2,725,000
- Status
- SOLD
- Closing Date
- May 12, 2026
- MLS#
- 2498457
- Subtype
- Residential Income
- Style
- 55 - 5-9 Units
- Year Built
- 1999
- Living Area
- 7,716
- Lot Size
- 17,860
- Acres
- 0.41
- Subdivision
- American Lake
- Neighborhood
- American Lake
- MLS Area Major
- Lakewood/Tillicum
Property Description
Opportunities like this are rare. Welcome to American Lake, where legacy meets potential. This 9-unit waterfront multifamily property is ready for its next chapter. Featuring four 1-bedroom standalone cottages, a fourplex offering 2-bedroom units, and a private waterfront home, this one-of-a-kind offering combines character, flexibility, and income potential. Current rents are below market, providing strong upside for investors. Enjoy direct lake access with on-site watersport storage, an enormous dock, and surplus parking. Whether you choose to hold long-term, convert to luxury short-term rentals, or owner-occupy and build community, this property delivers. Western exposure ensures unforgettable sunsets over the water. Greet location!
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Additional Information
- Amenities
- See Remarks
- Exterior Features
- Wood, Wood Products
- Property Description
- 55 - 5-9 Units
- Flooring
- Laminate, Vinyl Plank
- Heating
- Forced Air
- Air Conditioning
- None
- Roof
- Composition
- School District
- Lakewood
- View
- Lake
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.