0 Edgewater Drive SW

Lakewood, WA98499

Seller financing available, offering a rare opportunity for builders or buyers looking for flexibility while completing final plans and permits. Possible terms could include 15% down, ~7% interest, and a 3–5 year balloon, helping reduce upfront capital while moving the project forward. This .48± acre vacant lot is tucked away on a quiet, dead-end street offering a private, park-like setting with potential territorial views. A major advantage: previous building plans were already approximately 90–95% through the approval process, saving substantial time and soft costs. Many key steps had previously been completed, including an approved DOE Shoreline permit, geotechnical slope letter, and preliminary sewer and water plans. Existing house plans are included and only needed finalization, giving the next owner a significant head start toward construction. Whether you move forward with the existing design or create your own custom home, this property offers the rare ability to skip much of the early feasibility work that often delays new construction projects. Enjoy easy access to Chambers Creek parks, trails, golf, and nearby commuter routes while building your dream home in a peaceful natural setting. Documents, plans, and supporting reports are available in supplements.

Courtesy of NWMLS
Listing courtesy of Nic Chambers of COMPASS



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Last checked: 2026-03-15 12:07 AM PDT