12117 Interlaaken Drive SW, Lakewood, WA 98498 (MLS # 2599864)
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Listing provided courtesy of Northwest MLS<BR>Listing Broker: COMPASS; Mike Larson; 253-987-1778; [email protected]
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You'll love this classic brick rambler with a basement in the heart of Lakewood, offering an exceptional opportunity to create something truly special. Situated on an expansive 48,600 sq ft lot (1.11 acres), surrounded by towering oak and fir trees and million-dollar homes on either side, the real value lies in the land, setting, and remarkable potential. The home needs updating and renovation, but its classic character and substantial footprint provide the foundation for an impressive estate-style residence. The partially finished 1,200-square-foot basement offers additional possibilities for expanded living space. The generous lot size may also present opportunities for an accessory dwelling unit (ADU) or potentially two additional residential building sites, subject to zoning, subdivision requirements, and applicable approvals. Buyer to independently investigate and verify all development possibilities to their own satisfaction. The premier location is hard to beat, offering the tranquility of an established residential neighborhood with convenient access to shopping, I-5, schools, and medical facilities. Bring your vision and unlock the possibilities! An opportunity like this is certainly worth a closer look!
| LAST UPDATED | 10/30/2026 | TRACT | Gravelly Lake |
|---|---|---|---|
| YEAR BUILT | 1953 | COMMUNITY | Gravelly Lake |
| COUNTY | Pierce | STATUS | First Look |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Buyer To Verify |
| High School | Clover Park High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Microwave, Refrigerator |
| AREA | 39 - Lakewood |
| BASEMENT | Partially Finished, Yes |
| CONSTRUCTION | Brick |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Electric, Forced Air, Oil |
| INTERIOR | Built-In Vacuum, Fireplace |
| LOT | 1.1157 acre(s) |
| LOT DESCRIPTION | Paved, Value In Land |
| MLS STATUS | First Look |
| PARKING | Attached, RV Access/Parking |
| STORIES | 1 |
| STYLE | 16 - 1 Story w/Bsmnt. |
| SUBDIVISION | Gravelly Lake |
| TAXES | 7317 |
| UTILITIES | Cable Available, Sewer Connected |
| WATER | Public |
| SATELLITE VIEW |
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Properties with the 
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 10/31/26 1:42 AM PDT. 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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