Courtesy of Keller Williams Realty PS and NWMLSNWMLS

OverviewEstate Overview - $2,725,000Closed

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14312 Thorne Lane, #15,

Lakewood, WA 98498

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...See More

  • 0 Beds
  • 0 Baths
  • 7716 Sqft
  • Residential Income

OverviewListing Details

Status:Closed
Original Listing Price: $ 2,725,000
Listing Date: 09/11/2025
Days on dealty:Was on Dealty for 244 days
County:Pierce
MLS Type:NWMLSNWMLS
Built In:1999
Has HOA:No
Status Change Date:May 13, 2026
Pool:No
Cumulative Days on market:197 days
Last Updated:06/12/2026, 10:41:15 PM
*Please Contact Lister for more information.

FeaturesProperty Features

Design
  • Property subtype: Multi Family
  • Construction materials: Wood
  • Roof: Composition
Flooring
  • Laminate
  • Vinyl Plank
Interior Spaces
    --
Bedrooms & Bathrooms
  • 0 - Bedrooms
  • 0 - Bathrooms
Exteriors
  • Exterior features: Wood, Wood Products,
  • View: Lake
Lot Details
  • Lot size: 0.41 Acres / 17860 Square feet

AmenitiesAmenities

Utilities
  • Cooling - None
  • Heating - Forced Air
Laundry
    --
Parking
  • Garage Spaces: 0

HOAHOA & Financial

Primary HOA
    No
Second HOA
    No
Third HOA
    No

OverviewOpen House

* There are no open house dates scheduled at this time. Please reach out to the lister for an in person or virtual viewing.

Schools & Neighborhood

Schools
    --
Neighborhood
    --

NeighborhoodExplore The Area

Similar HomesSimilar Homes

AgentListing Agent

Agent
Chris Ranch

(Keller Williams Realty PS)

MLS # NWM2498457

14312 Thorne Lane

Lakewood, WA 98498

$2,725,000
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FOR MORE PHOTOS VISIT
https://www.dealty.ai/buy/home/14312-thorne-lane-15-lakewood-wa-98498
Approx sqft
7716
Year Built
1999
Garage
12
Lot Size
17860 sqft/ 0.411 acres

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 enormo...(Visit the link to Get more info)

AGENT CONTACT

Northwest Multiple Listing Service

Based on information submitted to MLS Grid as of 06/12/2026, 10:41:15 PM. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used solely to identify prospective properties that consumers may be interested in purchasing. All data is deemed reliable but is not guaranteed by MLS Grid. All information should be independently reviewed and verified. Open house information is subject to change without notice. Properties may or may not be listed by the office or agent presenting the information.