PROPERTIES FOR SALE

14312 Thorne Lane SW #15 Lakewood, WA 98498

NWMLS Courtesy of Keller Williams Realty PS
14312 Thorne Lane SW #15
Lakewood, WA 98498
$2,900,000
Multi-Family
0 Beds
0.00 Baths
0 SqFt
Active
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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!

Property Features

Community: American Lake
5-9 Units
View: Lake
Waterfront: Lake
Boat House
Dock
Fenced-Partially
Gas Available
Outbuildings
Patio
Exterior: Wood
Exterior: Wood Products
Roof: Composition
Year Built: 1999
2025 Taxes: $21758.00
Buyer Broker Comp.: 2.5%
Listing #: 2435887

Lot Details

Lot Size: 0.41 acres
Adjacent to Public Land
Corner Lot
No. of Units: 9

Interior

Cooling: None
Heating: Forced Air
Electric
Natural Gas

Common Features

See Remarks

Schools

District: Lakewood
Call or Email:
Grace Wamwere

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Information is based on data available to the associate, including county records. The information has not been verified by the associate and all information presented should be verified by the buyer. Listings are provided by Northwest Multiple Listing Service as distributed by MLS GRID. The associate represented on this web site is not a multiple listing service but is a member of a local MLS.
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