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Residential Development Land
For Sale
$900,000

7407 147th Street SW, Lakewood, WA 98439

Level, cleared land with utilities on site and plans to build up to 13 townhomes or apartments.

Property SizeContact for details
Days on Market407

Property Features for 7407 147th Street SW

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $5,800

Amenities

No
Open Space,Paved,Secluded
On Property
1
County
Listing Agency: Handris Realty Co.
Listed By: Mandy Watterberg
Source: Premierepropertygroup
Added: Jul 16, 2025 Changed: Aug 8 Last Checked: Jul 7 at 4:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Handris Realty Co.

Investment Insights

Based on property information with market context.

This development site is structurally ready for construction and sits on a mostly level lot with a gentle slope toward the back. The property is cleared of debris and includes a newly installed 6-foot cedar fence. Seller-provided plans and drawings are in place for a City of Lakewood application to build up to 13 townhomes or apartments, with architectural drawings and much of the civil work already completed to support permit submission.

Power, water, and sewer are located on the property. The site is described as being minutes from freeways, Amazon, JBLM, and Lakewood town center.

Utilities are already on site, and the property is positioned for early permitting activity with the existing design and civil progress documented by the seller.

Key Highlights

  • Level, cleared 1‑acre lot with open space and paved access
  • Plans and drawings available to build up to 13 townhomes or apartments with City of Lakewood
  • Most civil work completed; architectural drawings available to submit for permits

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Real Estate Agency Hair Salon Building Supply Law Firm Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby

Demographics for 98439, WA

5,474
Population
2,311
Households
2.4
Avg Household Size
25
Median Age
14%
College-Educated
86%
High-School Grad
5.4 sq mi
ZIP Area
1,014
Density / Sq Mi
$47,056
Median Household Income
$37,842
Median Earnings
$1,644
Median Rent
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Level, cleared land with utilities on site and plans to build up to 13 townhomes or apartments.
Where is this residential land & home lot located?
The property is located at 7407 147th Street SW Lakewood, WA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Level, cleared 1‑acre lot with open space and paved access; Plans and drawings available to build up to 13 townhomes or apartments with City of Lakewood; Most civil work completed; architectural drawings available to submit for permits
More about this property
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