Lakefront living on serene Lake Louise! This rare duplex-style opportunity features two charming homes on one lot with 26 feet of no-bank waterfront—ideal for fishing, kayaking, or summer fun. Live in one and "house hack" the other, rent both, or explore short-term rental potential with proven income history. Flexible options for investors or dream-home builders—build later on this scenic, spring-fed lakefront lot. Peaceful setting just minutes from I-5 & JBLM. Updated utilities, off-street parking, and easy access. A unique lifestyle or income-generating opportunity awaits!
Sold
Listed by:
Trevor Asay,
Asay Realty,
Sarah Asay,
Asay Realty
$535,000
10230 to 10232 Melody Lane SW, Lakewood, WA 98498
3beds
936sqft
Single Family Residence
Built in 1940
6,899.9 Square Feet Lot
$533,200 Zestimate®
$572/sqft
$2,456 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 04:04am
Listed by:
Trevor Asay,
Asay Realty,
Sarah Asay,
Asay Realty
Bought with:
Luke Bentson, 111918
Engel & Voelkers Chambers Bay
Source: NWMLS,MLS#: 2371314

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Other
- Level: Main
Entry hall
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Baseboard, Wall Unit(s), Electric
Cooling
- None
Appliances
- Included: Refrigerator(s), See Remarks, Stove(s)/Range(s), Water Heater: Electric
Features
- Flooring: Ceramic Tile, Laminate, Carpet
- Basement: None
- Has fireplace: No
- Fireplace features: Electric
Interior area
- Total structure area: 936
- Total interior livable area: 936 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Second Kitchen, Water Heater
- Has view: Yes
- View description: Lake, Territorial
- Has water view: Yes
- Water view: Lake
- Waterfront features: Low Bank, Lake, No Bank
- Frontage length: Waterfront Ft: 26
Lot
- Size: 6,899 sqft
- Features: Paved, Cable TV, Deck, Fenced-Partially
- Topography: Level,Sloped
Details
- Parcel number: 0219043057
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Composition,Flat
Condition
- Year built: 1940
- Major remodel year: 1996
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Pierce County Sewer
- Water: Public, Company: Lakewood Water
Community & neighborhood
Location
- Region: Lakewood
- Subdivision: Lake Louise
Other
Other facts
- Listing terms: Cash Out,Conventional,FHA,VA Loan
- Cumulative days on market: 7 days
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$533,200
2% more+ $10,664
With Zillow Showcase(estimated)
$543,864