Listing provided courtesy of RedfinNWMLSas Distributed by MLSGrid- MLS# NWM2540603MLS Provider

8406 Paine Street SWLakewood, WA 98499

Single Family · 5 Beds · 1 Full Bath · 1 Half Bath · 1 Three Quarter Bath · 2,834 Sq. ft. | 0.38 Acres
$675,000 Active

8406 Paine Street SW Overview

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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.

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8406 Paine Street SW Facts & Features

  • Type Single Family
  • Sq. ft. 2,834
  • Price/Sq.ft. $238
  • Lot 0.38 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Clover Park
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Building Information

  • New Construction: No
  • Year Built: 1941

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 36 - Lakewood
  • Subdivision Name: Lakewood

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $5,823.00
  • Tax Year: 2025

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 0220341047
  • Property Condition: Very Good
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Built On Lot

Beds/Baths

  • ADU Baths: 1
  • ADU Beds: 1
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 5
  • Bedrooms Lower: 0
  • Bedrooms Upper: 1

Building Interior

  • Appliances Included: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 2834
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2834
  • Square Footage Finished: 2834
  • Square Footage Unfinished: 0

General Information

  • Appliances: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
  • Basement: Partially Finished
  • Cooling: No
  • Entry Location: Main
  • Fireplace Features: Electric,Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 3
  • Flooring: Engineered Hardwood, Vinyl, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • 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
  • Levels: Two
  • Living Area: 2834
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Power Production Type: Electric,Natural Gas
  • Security Features: Partially Fenced

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Detached Carport, Driveway, Off Street, RV Parking
  • Parking Total: 7
  • Parking Uncovered Total: 6

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Acres: 0.38
  • Lot Size Dimensions: 119x135
  • Lot Size Square Feet: 16553
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
  • Topography: Level
  • Vegetation: Garden Space
  • Elevation Units: Feet
  • Water Source: Individual Well

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Direction Faces: East
  • Roof: Composition, Flat
  • Structure Type: House

General Information

  • Carport: Yes
  • Covered Spaces: 1
  • Exterior Features: Brick, Wood
  • Sewer: Sewer Connected

Room Information

Room: Bathroom Full

  • Level: Main

Room: Bathroom Half

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Dining Room

  • Level: Main

Room: Entry Hall

  • Level: Main

Room: Extra Fin Room

  • Level: Main

Room: Family Room

  • Level: Main

Room: Great Room

  • Level: Main

Room: Kitchen With Eating Space

  • Level: Main

Room: Primary Bedroom

  • Level: Main

Room: Utility Room

  • Level: Main

Room: Bathroom Three Quarter

  • Level: Second

Room: Bedroom

  • Level: Second

Room: Kitchen Without Eating Space

  • Level: Second

Room: Living Room

  • Level: Second

8406 Paine Street SW Neighborhood

Community

98499 (Lakewood) Demographics

33
Median Age
3,254
Population Density (per sq. mile)
30%
College Educated
$50,037
Estimated Median Income
4,435
Estimated Total Home Owners
8,688
Estimated Total Renters
34% / 66%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

8406 Paine Street SW Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

8406 Paine Street SW Market Data

Based on the last 30 days in this zip code

$633,602
Average List Price
$301
Average Price per Square Foot
17
Properties Sold
72
Average Days on Market
104
Properties for Sale
Calculations provided by Reliance Network

8406 Paine Street SW History

Date Event Value Agent
6/18/2026Source: NWMLS Added to Database
June 18, 2026
6/18/2026Source: NWMLS Added to Database
June 18, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021