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$2,900,000
23 Days On Site

14312 Thorne Lane SW 15
Lakewood, WA 98498

For Sale|Multi Family|Active
0
Beds
0
Total Baths
10,620
SqFt
$273
/SqFt
1999
Built
Cumulative Days On Market:
24
Subdivision:
American Lake
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Chris Ranch of Keller Williams Realty PS

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253-209-1572
14312 Thorne Lane SW 1514312 Thorne Lane SW 1514312 Thorne Lane SW 1514312 Thorne Lane SW 15
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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 
23 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
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing 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: 2025-10-15 07:09 PM PDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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