14312 Thorne Lane SW #15

Lakewood, WA 98498

  • Bed

  • Bath

  • 10620 SqFt

  • 113 DOM

  • Built: 1999

  • Status: Active

$2,725,000

X

14312 Thorne Lane SW #15

Lakewood 98498

$2725000

  • Bed

  • Bath

  • 10620 SqFt

  • 113 DOM

  • Built: 1999

  • Status: Active

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Srinivas Kasam

CEO & Founder

(650)533-3259

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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Residence Information

  • 10620

  • Composition

  • 55 - 5-9 Units

  • 1999

  • Poured Concrete

  • See Remarks

Features and Utilities

  • Wood, Wood Products

  • Individual Well

  • Septic Tank

  • 0

Financial

  • 21758

  • Cash Out, Conventional

  • 09-22-2025

Comparable Information

  • 113

  • 113

  • Cash Out, Conventional

  • $2,900,000

  • $2,900,000

  • Jan 13, 2026 23:41

Schools

Map

Listing courtesy of Keller Williams Realty PS.

The content relating to real estate for sale on this site comes in part from the IDX program of the NWMLS of Seattle, Washington. Real Estate listings held by brokerage firms other than this firm are marked with the NWMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 NWMLS of Seattle, Washington. All information provided is deemed reliable but is not guaranteed and should be independently verified. Kasamestates data last checked: Feb 23, 2026 01:03 | Listing last modified Jan 13, 2026 23:41. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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