Rockhood
$575,000List price
2 bed · 1.5 bath · 2,400 sq ft
First Look

12117 Interlaaken Drive SW · Lakewood, WA 98498

Source: NWMLS · COMPASS · Mike Larson #NWM2599864

About this home

You'll love this classic brick rambler with a basement in the heart of Lakewood, offering an exceptional opportunity to create something truly special. Situated on an expansive 48,600 sq ft lot (1.11 acres), surrounded by towering oak and fir trees and million-dollar homes on either side, the real value lies in the land, setting, and remarkable potential. The home needs updating and renovation, but its classic character and substantial footprint provide the foundation for an impressive estate-style residence. The partially finished 1,200-square-foot basement offers additional possibilities for expanded living space. The generous lot size may also present opportunities for an accessory dwelling unit (ADU) or potentially two additional residential building sites, subject to zoning, subdivision requirements, and applicable approvals. Buyer to independently investigate and verify all development possibilities to their own satisfaction. The premier location is hard to beat, offering the tranquility of an established residential neighborhood with convenient access to shopping, I-5, schools, and medical facilities. Bring your vision and unlock the possibilities! An opportunity like this is certainly worth a closer look!

Location

Basics

Property type
Single Family Residence
Style
Mid-Century Modern
Stories
1 story
Condition
Average
Year built
1953 (renovated 1981)
Lot size
48,600 sq ft (1.12 acres)
County
Pierce
MLS #
NWM2599864

Interior

Heating
Forced Air
Cooling
None
Flooring
Laminate, Carpet
Appliances
Dishwasher, Microwave, Refrigerator, Stove(s)/Range(s)
Fireplace
1 · Wood Burning
Interior features
Built-In Vacuum, Fireplace
Entry level
Main

Exterior & lot

Exterior features
Brick
Roof
Composition
Foundation
Poured Concrete
Lot features
Paved, Value In Land
Topography
Level
Waterfront
No

Parking

Parking spaces
8
Garage
Yes (attached)
Covered spaces
2
Parking features
Attached Garage, RV Parking

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric, Oil

Community & fees

Subdivision
Gravelly Lake
Property tax
$7,317 (2026)

Transaction

Price per sq ft
$240
Listing terms
Cash, Conventional, FHA, VA Loan
Possession
Closing

More homes nearby

Schools

School district: Clover Park

Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Clover Park High School
Top 93% in WA

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Listing provided courtesy of: COMPASS

Listing agent: Mike Larson.

Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-11-02.