Property Details
8406 Paine Street SW
Lakewood, WA 98499
$675,000
Active
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About This Home
Exceptional and truly one-of-a-kind property offering a rare combination of space, flexibility, and functionality. Situated on a large lot with the added benefit of a private well, this home features generously sized rooms throughout, providing a comfortable and open living environment. The spacious primary suite is conveniently located on the main level, offering ease of access and privacy. A centrally located bonus room serves as an ideal gathering space for entertaining guests, hosting events, or creating a recreation area. The upper level includes a bedroom, a finished bonus room, a ¾ bathroom, and a full kitchen. This versatile space can be utilized as an additional dwelling unit, offering excellent potential for multi-generational living or guest accommodations. Outside, you'll find detached parking and an impressive oversized workshop, perfect for hobbyists, craftspeople, vehicle enthusiasts, or anyone in need of substantial workspace and storage. The home also features a partial unfinished basement with a second fireplace, providing additional storage and future expansion possibilities. Conveniently located near shopping, dining, schools, and major transportation routes, this unique property offers endless opportunities to make it your own.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Pierce
Neighborhood
Lakewood
Listed
Jun 18, 2026
Structure Type
House
Parcel Number
0220341047
Tax & HOA
Annual Property Tax
$5,823 (2025)
Est. Monthly Tax
$485/mo
Interior Features
Bedrooms
5
Bathrooms
2.3
Half Baths
1
Living Area
2,834 sq ft
Basement
Partially Finished
Entry Level
Main
Interior Features
Second Kitchen, Second Primary Bedroom, Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), Sauna, Skylight(s), Water Heater
Exterior & Lot
Lot Size
0.38 sqft
Year Built
1941
Exterior Materials
Brick, Wood
Parking
Detached Carport, Driveway, Off Street, RV Parking
Sewer
Sewer Connected
Water Source
Individual Well
Lot Features
Paved
Exterior Features
Brick, Wood
Community & Access
Directions
GPS Friendly!
Location
City
Lakewood
County
Pierce
Coordinates
47.18091, -122.52809
Schools
School District
Clover Park
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Additional Information
Tax Year
2025
Annual Taxes
$5,823
Possession
Array
Inclusions
Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
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