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Experience luxury lakeside living and excellent income potential with this newly renovated 3,400 sq. ft. Lake Steilacoom waterfront home. With 18' of no-bank waterfront and stunning Mt. Rainier views, this 4-bed, 4-bath property features a primary suite with a private balcony, gourmet kitchen, wraparound deck, and sunroom. The lower level, with a private entry, offers MIL potential (buyer to verify) w/ kitchenette and additional bath —perfect for dual living or maximizing rental income. This cash-flowing property has already generated $100K in short-term rental income YTD in 2024, making it an ideal primary residence w/income or an investor’s dream. An oversized 4-car garage and 19,683 sq. ft. lot complete this one-of-a-kind opportunity!
- Neighborhood
- Type
- Total Baths
- CountyPierce
- Area39 - Lakewood
- Tax Amount$10,204
- StatusActive
- Listing #2310195
- Built1922
- Lot Size0.45
- Listed on site165 days
Listed by:
Marketplace Sotheby's Intl Rty
Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2025-04-30 01:13:51. DMCA
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Property details
Community Features
- No HOA
- No Adult Community
Waterfront
- Water Access
- Water front
Exterior features
- Has garage
- No Pool
- Basement
Interior Features
- Fire Place
- Master Downstairs
- Washer Dryer In Unit
- Basement Finished
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