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$689,950

5501 116th St SW Lakewood, WA 98499

3 beds
1 full, 1 partial
1,678 sqft
0.5 acres
$411 / sqft
House

Property details

About 5501 116th St SW

Brand NEW 2025 Built Home with designer finishes throughout. Come inside & fall in love with this open floor plan. Kitchen is open to living room & features white cabinets, stainless steel appliances, quartz countertops & center island. Large primary bedroom comes with walk-in closet & private bathroom. Primary bath features double quartz vanity sink & tiled walk-in shower. Outside is perfect for entertaining your guests with huge back yard & large patio. Lot is just shy of a half acre & has plenty off room to store all of your toys. Other features include 2-car garage, mini split, R.V parking + more.

Highlights

HeatingForced Air
StatusActive
CoolingDuctless
Size1,678 sqft
Lot size0.46 Acres
Year builtNew Const., 2025
ParkingAttached Garage
MLS #2401493
Attached garage2 spaces

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Flooring Type: Vinyl
  • Interior: Double Pane/Storm Window, Dining Room, Walk-In Closet(s)
  • Total Bedroom Count: 3
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage
  • Exterior: Cement/Concrete
  • Heating: Forced Air
  • Cooling: Ductless
  • List Price: $689,950
  • Price/SqFt: $411
  • HOA Amount: $300 Annually
  • Annual Tax Amount: $2,013
  • Tax Year: 2024
  • Directions: GPS Friendly
  • Year Built: 2025
  • Living Area: 1,678 SqFt
  • Lot Size: 0.46 Acres
  • MLS Number: 2401493
  • MLS Name: NWMLS
  • Office Name: Terrafin
  • Office Phone: (253) 466-3736
  • Listing Agent: Paul Coleman

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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. Properties displayed may be listed or sold by various participants in the MLS.

DMCA Notice

IDX The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest Multiple Listing Service IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2025 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: Information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is 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. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. NorthwestMLS
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/31/2025, 2:32:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$191,000$2,013
2023$451,800$4,548
2022$399,100$4,666

History based on county public records data.

Nearby schools

3

Tyee Park Elementary School

Public District KG-5

0.3 mi

11920 Seminole Rd SW

4

Lakeview Hope Academy

Public District KG-5

0.8 mi

10501 47th Ave SW

2

Park Lodge Elementary School

Public District KG-5

1.1 mi

6300 100th St SW

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $50,287. Typical income of Lakewood, WA residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

35%
<35k
47%
35k-100k
11%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

60%
Single, No Kids
4%
Single, with Kids
29%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

6%
<11 yrs old
5%
12-17 yrs old
9%
18-34 yrs old
34%
35-64 yrs old
46%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Figure SkatingFigure Skating
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Chico'sChico's
  • Family DollarFamily Dollar
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • Bob EvansBob Evans
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • OldsmobileOldsmobile
  • CadillacCadillac

What do the neighbors listen to?

  • Soft Adult ContemporarySoft Adult Contemporary
  • NewsNews
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5501 116th St SW

The listing price of 5501 116th St SW property is $689,950.

The property 5501 116th St SW is a house located in Lakewood, Washington, 98499.

Active Listing: 5501 116th St SW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5501 116th St SW are: Tyee Park Elementary School (GreatSchools Rating 3/10), Lakeview Hope Academy (GreatSchools Rating 4/10), Park Lodge Elementary School (GreatSchools Rating 2/10), Lochburn Middle School (GreatSchools Rating 2/10), Thomas Middle School (GreatSchools Rating 3/10), Hudtloff Middle School (GreatSchools Rating 3/10), Clover Park High School (GreatSchools Rating 3/10), Cpsd Open Doors Program (GreatSchools Rating 2/10), Harrison Preperatory School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $2,013 (source: MLS/based on county public records data).

The property at 5501 116th St SW has 3 bedrooms and 1 full and 1 half bathrooms.

The property 5501 116th St SW is 1,678 SqFt (source: MLS/tax record).

The year of construction for 5501 116th St SW is 2025.

This home is located at 5501 116th St SW in Lakewood, WA and zip code 98499 in the Racquet Club Estates neighborhood. This 1,678 square foot home, which was built in 2025, sits on a 0.46 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 3, 2025 and is currently priced at $689,950.

In June 2025 more than 11 listings in Lakewood, WA were sold above the asking price. During the same period more than 12 listings were sold at asking price, while more than 16 were sold below. The number of listings in Lakewood, WA increased by 8.1% between May and June 2025. Listings spent 26 days on the market in June 2025, and had a median list price of $514,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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