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$2,900,000
46 Days On Site
14312 Thorne Lane SW 15Lakewood, WA 98498
For Sale|Multi Family|Active
0
Beds
0
Total Baths
10,620
SqFt
$273
/SqFt
1999
Built
Cumulative Days On Market:
47
Subdivision:
American Lake
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Chris Ranch of Keller Williams Realty PS
Listing courtesy of Chris Ranch of Keller Williams Realty PS
Call Now: (360) 507-3775
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(360) 507-3775
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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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Listing Snapshot
Price
$2,900,000
Days On Site
46 Days
Bedrooms
N/A
Inside Area (SqFt)
10,620 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.41 Acres
Year Built
1999
MLS® Number
2435887
Status
Active
Property Tax
$21,758
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| a month ago | Listing updated with changes from the MLS® | |
| 2 months ago | Listing first seen on site |
General Features
Acres
0.41
Additional Property Use
Multi-Family
Number Of Stories
2
Parking Spaces
14
Property Sub Type
Multi Family
Sewer
Septic Tank
SqFt Total
10620
Water Source
WellPrivate
Zoning
Multi-Family
Interior Features
Flooring
LaminateVinyl
Heating
ElectricNatural GasForced Air
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Exterior Features
Construction Details
Wood Siding
Fencing
Partial
Lot Features
Corner LotWaterfront
Other Structures
Boat HouseOutbuilding
Patio And Porch
Patio
Roof
Composition
View
Lake
Waterfront
Yes
Waterfront Features
LakeWaterfront
Waterview
Lake
Community Features
Financing Terms Available
Conventional
MLS Area
41 - Lakewood/Tillicum
School District
Lakewood
Schools
School District
Lakewood
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Courtesy of NWMLS
Listing courtesy of Chris Ranch of Keller Williams Realty PS
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-11-07 08:46 PM PST
Listing courtesy of Chris Ranch of Keller Williams Realty PS
Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2025-11-07 08:46 PM PST
Neighborhood & Commute
Source: Walkscore
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