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11430 Gravelly Lake Drive SW, Lakewood
$2,599,950
4 Beds ⋅ 5 Baths ⋅ 2568869 MLS ⋅ ACTIVE Status
Historic Lake Steilacoom estate designed by renowned architect Kirtland Cutter. Built in 1922, this 4 bedroom, 4 bathroom home includes nearly 5,700 square feet on over three total acres, which includes an additional waterfront parcel, with park-like grounds and rare lakefront privacy. Updates throughout, including a fully remodeled kitchen that retains its antique European cupboards. The elegant living room features original herringbone tiger oak flooring, an antique French marble fireplace mantle, and custom hand blocked wallpaper. A 3 car garage provides ample parking. Daylight basement offers a laundry room and media room. An additional guest house includes a kitchen, living room, bedroom, and three-quarter bathroom. Outdoor living includes a patio with fireplace, a pump house, a boat house with a newly replaced roof, and a fire pit. Additionally, a new dock has been built and installed on the lakeshore. This is a rare opportunity to own one of the most historic and architecturally significant estates on Lake Steilacoom.

11430 Gravelly Lake Drive SW, Lakewood

Listing Broker: Keller Williams Rty Tacoma; Brad Stave; 253-486-2452; Brad@PugetSoundLife.com

8524 8544 S Tacoma Way, Lakewood
$2,300,000
2533353 MLS ⋅ ACTIVE Status
Remarkable mixed used rental income property in South Tacoma Way Lakewood. Great mix of residential and commercial tenants for rental income. Located in the privately near South Tacoma. This has been an owner owned property with their business. Well maintained and good tenants. The house classified as single family residence but with multifamily rental permit approved by City of Lakewood.

8524 8544 S Tacoma Way, Lakewood

Listing Broker: Global Real Estate Express; Kathy Yi; 253-389-9558; kjhy11@hotmail.com

8303 John Dower Road SW, Lakewood
$2,137,500
2555633 MLS ⋅ ACTIVE Status
**ALERT** Investment Opportunity in the heart of Lakewood! This well-maintained 8-plex - 100% occupancy with a strong rental history and consistently low vacancy rates. Several units have been thoughtfully updated over time, featuring modern kitchen cabinetry, refreshed bathrooms, updated flooring, and newer water heaters, helping minimize future capital expenditures while enhancing tenant appeal. Situated on a desirable corner lot, the property offers excellent visibility, ample on-site parking, and additional street parking for residents and guests. Pride of ownership is evident throughout with fresh exterior paint, attractive landscaping, and consistent upkeep that contributes to strong tenant retention and long-term investment stability. Ideally located in close proximity to Joint Base Lewis-McChord (JBLM), this property benefits from strong rental demand while offering convenient access to shopping, dining, parks, schools, public transportation, and major commuter routes. A turnkey multifamily asset with proven performance, this 8-plex presents a rare opportunity to acquire a well-maintained, income-producing property in one of Lakewood's most sought-after markets. All kitchen appliances stay, washer/dryer hook ups in all units!

8303 John Dower Road SW, Lakewood

Listing Broker: RE/MAX Northwest; Tamara Paul; 206-226-5869; tamara@TheTamaraPaulGroup.com

6718 76th Street W, Lakewood
$1,690,000
6 Beds ⋅ 6 Baths ⋅ 2533109 MLS ⋅ ACTIVE Status
Nestled on over 3.4 acres of lush private land. This magnificent estate offers refined living with a sense of seclusion and serenity. French doors that open into a spacious great room, anchored by dual fireplaces perfect for cozy evenings. 3 levels of living space feature vaulted ceilings, hardwood & tile floors, including a main level primary suite with heated bath floors, sauna and private study. Central A/C, a built-in vacuum system and a dedicated wet bar ideal for gatherings. Step outside to enjoy your own private resort: a solar-heated pool, expansive decks for dining or lounging, a basketball court, the calming sounds of Chambers Creek flowing nearby. Quick access to I-5, 512, and Lakewood Station. Minutes from shopping & dining.

6718 76th Street W, Lakewood

Listing Broker: Skyline Properties, Inc.; Jennifer Lee; 206-355-8098; jenniferleeteam@gmail.com

4902 111th Street SW, Lakewood
$1,650,000
2497467 MLS ⋅ ACTIVE Status
Location, Location! Investors, Turnkey opportunity to purchase this great income-producing 8-Unit multi-family property; 4,584SF U-Shape Courtyard building, 19,200SF Parcel with 2 two-bedroom Apartments & 6 one-bedroom Apartments, Zone C1, located in the heart of Lakewood, Across from St. Clare Hospital. Well maintained, 1-story Brick Building, private courtyard, large playground area with fully fence with security gates, All the units are updated with tile, laminate, hardwood floor, gated-garbage enclosure. Current rents are below market. With highly Rent demand, it has plenty of room to increase income, plus coin-operated laundry machines. This Multi-Fam Building is on Lakewood Commercial Core, surrounded by businesses, shopping centers, residential developments; minutes to I5, JBLM, Military Bases, Towne Center.

4902 111th Street SW, Lakewood

Listing Broker: HDN Real Estate; Hau Nguyen; 206-304-0317; hdn.realty@gmail.com

6638 Hilltop Lane, Lakewood
$1,600,000
4 Beds ⋅ 4 Baths ⋅ 2591638 MLS ⋅ ACTIVE Status
An Exceptional Waterfront Estate on Coveted Gravelly Lake. Among Lakewood’s distinguished lakes, Gravelly Lake is regarded as one of the area’s most sought-after waterfront settings—celebrated for its tranquility, natural beauty, privacy, & refined residential character. This beautifully maintained 4,458 sq. ft. estate captures the essence of lakeside living with 100 feet of private shoreline, expansive outdoor entertaining spaces, & serene water views. A private dock with boat slip & built-in seating invites effortless days on the water, while generous patios create an exceptional setting for entertaining or simply enjoying the peaceful surroundings. Designed for both grand-scale living & comfortable everyday life, the residence offers 4 bedrooms, 3.5 baths, & a 3-car garage. Versatile lower level functions great as a second living quarters, complete with a second kitchen, laundry, bathroom, living room, & bedrooms—ideal for multigenerational living, extended guests, or a private retreat. A gated entry, substantial guest parking, & RV accommodation enhance the estate’s functionality, while a concealed vault room offers exceptional storage for valuables or wine cellar. The setting is equally compelling. Enjoy proximity to the renowned Lakewold Gardens & the Tacoma Country & Golf Club, where membership offers access to an exceptional private-club lifestyle. Here, the pace is quieter, the surroundings more private, & every day feels like a retreat.

6638 Hilltop Lane, Lakewood

Listing Broker: Windermere Prof Partners; Michael McNiel; 253-279-0072; mcniel@windermere.com

3817 3819 94th Street SW, Lakewood
$1,499,950
3 Beds ⋅ 1 Baths ⋅ 2480472 MLS ⋅ ACTIVE Status
This fully paved and fenced property offers exceptional access, visibility, and flexibility just north of Pierce Transit and minutes from major freeway connections. Zoned Light Industrial, the site is ideal for owner-users, investors, or businesses seeking a strategic location in the heart of Lakewood’s industrial corridor. The property features three versatile buildings. The 1,150 sq/ft 1-story building has 2 bedrooms, 1 bathroom, a kitchen, and a living room. The 1,260 sq/ft 1½-story building includes 3 bedrooms, 1 bathroom, a kitchen, and a living room. Both buildings can function as a residential home or professional office with flexible interior space that's suitable for administrative or live/work use. The 6,604 sq/ft brick warehouse/manufacturing building is well-suited for food production, cold storage, distribution, or light manufacturing. The building features include three walk-in coolers, one walk-in freezer, a full kitchen, and dedicated storage areas, offering turnkey functionality for specialized operations. With strong street frontage, secure fencing, ample yard space, and excellent proximity to transit and freeway access, this property delivers both operational efficiency and long-term upside. Location plus utility makes this a rare opportunity in a high-demand industrial market. The paved yard allows for efficient parking, loading, and outdoor operations, while the fenced perimeter provides added security. Ideal for owner-operators or investors.

3817 3819 94th Street SW, Lakewood

Listing Broker: John L. Scott, Inc; Terry Vo; 253-241-3280; tvo@johnlscott.com

3817 3819 94th Street SW, Lakewood
$1,499,950
2480020 MLS ⋅ ACTIVE Status
This fully paved and fenced property offers exceptional access, visibility, and flexibility just north of Pierce Transit and minutes from major freeway connections. Zoned Light Industrial, the site is ideal for owner-users, investors, or businesses seeking a strategic location in the heart of Lakewood’s industrial corridor. The property features three versatile buildings. The 1,150 sq/ft 1-story building has 2 bedrooms, 1 bathroom, a kitchen, and a living room. The 1,260 sq/ft 1½-story building includes 3 bedrooms, 1 bathroom, a kitchen, and a living room. Both buildings can function as a residential home or professional office with flexible interior space that's suitable for administrative or live/work use. The 6,604 sq/ft brick warehouse/manufacturing building is well-suited for food production, cold storage, distribution, or light manufacturing. The building features include three walk-in coolers, one walk-in freezer, a full kitchen, and dedicated storage areas, offering turnkey functionality for specialized operations. With strong street frontage, secure fencing, ample yard space, and excellent proximity to transit and freeway access, this property delivers both operational efficiency and long-term upside. Location plus utility makes this a rare opportunity in a high-demand industrial market. The paved yard allows for efficient parking, loading, and outdoor operations, while the fenced perimeter provides added security. Ideal for owner-operators or investors.

3817 3819 94th Street SW, Lakewood

Listing Broker: John L. Scott, Inc; Terry Vo; 253-241-3280; tvo@johnlscott.com

1888 XXXX Street, Lakewood
$1,300,000
2506148 MLS ⋅ ACTIVE Status
Rare highly profitable, established, trendy and turnkey franchise Asian restaurant and bar business, located in a high traffic strip mall. Strong franchise support and low franchise fee. This well-known local establishment has built a loyal customer base and consistently delivers strong financial performance with reliable year-over-year growth. Spacious and welcoming atmosphere with over 80 sitting, have made it a staple gathering place within the community. The business benefits from a favorable location with a supportive landlord, and very attractive lease terms; and a dependable, tenured staffs that help ensure smooth daily operations. The current ownership has maintained a consistent operational model with strong franchise support. While already performing strongly, there remains additional upside for a new owner through enhancing alcohol sales, current bar is not fully utilized. Additional information is available to qualified buyers upon execution of a Non-Disclosure Agreement. *Sales figures based on 2025 Tax Return.

1888 XXXX Street, Lakewood

Listing Broker: Specialty Real Estate Group; Grace Chan; 206-898-1681; gracechan@wabesthomes.com

10415 Brook Lane SW, Lakewood
$1,299,500
3 Beds ⋅ 2 Baths ⋅ 2547085 MLS ⋅ ACTIVE Status
Ask about the assumable low interest VA loan (2.25%)! One of a kind! This large 1 story rambler sits in a beautiful park-like setting. 3 bedrooms, 1.75 bathrooms and nearly 3000+/- square feet! The large primary bedroom has 4 closets! Features include extensive hardwood floors, tiled bathrooms, granite kitchen counter tops, 2 fireplaces, family room, office, dining room, workshop/garden shed and tons of storage. The 4 car detached garage with a circular drive is perfect for the car enthusiast, hobbyist, boater or possible DADU? All of this in a wonderful setting on a shy 1/2 acre lot, with a very secluded back yard and covered outdoor patio. Perfect for entertaining! Lake Steilacoom is across the street and you are close to the public boat launch, with great fishing and boating! Only minutes from Towne Center shopping, schools, JBLM, I-5 and more! Very peaceful!

10415 Brook Lane SW, Lakewood

Listing Broker: Better Properties Real Estate; Mark Hulen; 253-921-0887; Mark@betterproperties.com

11226 Greystone Drive SW, Lakewood
$1,200,000
4 Beds ⋅ 3 Baths ⋅ 2533841 MLS ⋅ ACTIVE Status
Absolutely stunning and impeccably maintained, this well-appointed condo is now available in the highly sought-after Greystone gated community. Built in 2012 with exceptional craftsmanship, the home has been lovingly cared for and shows beautifully throughout. Situated on a desirable corner lot, the property overlooks a charming Territory Creek–side setting, offering peaceful views, natural sounds, and visits from local wildlife. Enjoy your morning coffee in complete serenity. Inside, the main-level living is both spacious and thoughtfully designed. The primary bedroom on the main floor features a well-appointed bathroom, adding comfort and value. The open-style floor plan provides effortless flow while still offering separation when desired. A versatile office/family/theater room on the main level includes the quality finishes one would expect in a home of this caliber. Upstairs, you’ll find two additional bedrooms, a full bathroom, and a creatively repurposed closet that has been transformed into a tasteful wine cellar. All of this is nestled within the Greystone community—known for its privacy, beauty, and convenience. Close to highways, shopping, sidewalks for morning workouts, Tacoma Country & Golf Club, and more. This is truly a must-see property that offers comfort, elegance, and an exceptional lifestyle.

11226 Greystone Drive SW, Lakewood

Listing Broker: Windermere Prof Partners; Jamie Michaud; 253-686-0806; jamiemichaud@windermere.com

12222 Gravelly Lake Drive SW, Lakewood
$1,199,950
5 Beds ⋅ 4 Baths ⋅ 2545461 MLS ⋅ ACTIVE Status
Private gated entrance in a sought-after Lakewood neighborhood, this exceptional custom estate by renowned builder Greg Hoover offers timeless craftsmanship and resort-style living. Ideally located just minutes from Gravelly Lake, American Lake, and Tacoma Country & Golf Club, this 5-bedroom, 2 full and 2 half baths home spans 4,023 sqft of living space. The main level features an appointed kitchen, formal living and dining rooms, private office, spacious great room with wet/coffee bar, extensive custom wood casing and trim throughout, and panoramic doors that seamlessly blend indoor and outdoor living. Upstairs, the luxurious primary suite offers a fireplace, spa-inspired 5-piece bath, cedar-lined walk-in closet, and tranquil views of the spectacular backyard. Four additional bedrooms and an expansive bonus room provide exceptional flexibility. Step outside to your own private resort featuring park-like grounds with cascading waterfalls, a pond and stream, lush landscaping, and multiple entertaining spaces. Enjoy year-round swimming in the heated indoor pool with retractable roof, entertain beneath the covered outdoor pavilion complete with a full outdoor kitchen, fireplace, TV, and wired overhead heaters, or host guests in the charming detached guest cottage. Features include a panic room, secure storage room, abundant attic storage, tankless water heater, oversized 3-car garage, and exceptional craftsmanship throughout, making this one-of-a-kind estate.

12222 Gravelly Lake Drive SW, Lakewood

Listing Broker: John L. Scott, Inc.; Josh Norris; 253-888-3431; josh@norrisre.com

3819 94th Street SW, Lakewood
$1,104,950
3 Beds ⋅ 1 Baths ⋅ 2480442 MLS ⋅ ACTIVE Status
This fully paved and fenced property offers exceptional access, visibility, and flexibility just north of Pierce Transit and minutes from major freeway connections. Zoned Light Industrial, the site is ideal for owner-users, investors, or businesses seeking a strategic location in the heart of Lakewood’s industrial corridor. The property features two versatile buildings. The 1,260 sq/ft 1½-story building can function as a residential home or professional office and includes three bedrooms, one bathroom, a kitchen, and flexible interior space suitable for administrative or live/work use. The 6,604 sq/ft 1-story brick warehouse/manufacturing building is well-suited for food production, cold storage, distribution, or light manufacturing. The building features include three walk-in coolers, one walk-in freezer, a full kitchen, and dedicated storage areas, offering turnkey functionality for specialized operations. With strong street frontage, secure fencing, ample yard space, and excellent proximity to transit and freeway access, this property delivers both operational efficiency and long-term upside. Location plus utility makes this a rare opportunity in a high-demand industrial market. The paved yard allows for efficient parking, loading, and outdoor operations, while the fenced perimeter provides added security. Ideal for owner-operators seeking a live/work setup or investors targeting stable industrial demand with flexible future use potential.

3819 94th Street SW, Lakewood

Listing Broker: John L. Scott, Inc; Terry Vo; 253-241-3280; tvo@johnlscott.com

3819 94th Street SW, Lakewood
$1,104,950
2470923 MLS ⋅ ACTIVE Status
This fully paved and fenced property offers exceptional access, visibility, and flexibility just north of Pierce Transit and minutes from major freeway connections. Zoned Light Industrial, the site is ideal for owner-users, investors, or businesses seeking a strategic location in the heart of Lakewood’s industrial corridor. The property features two versatile buildings. The 1,260 sq/ft 1½-story building can function as a residential home or professional office and includes three bedrooms, one bathroom, a kitchen, and flexible interior space suitable for administrative or live/work use. The 6,604 sq/ft 1-story brick warehouse/manufacturing building is well-suited for food production, cold storage, distribution, or light manufacturing. The building features include three walk-in coolers, one walk-in freezer, a full kitchen, and dedicated storage areas, offering turnkey functionality for specialized operations. With strong street frontage, secure fencing, ample yard space, and excellent proximity to transit and freeway access, this property delivers both operational efficiency and long-term upside. Location plus utility makes this a rare opportunity in a high-demand industrial market. The paved yard allows for efficient parking, loading, and outdoor operations, while the fenced perimeter provides added security. Ideal for owner-operators seeking a live/work setup or investors targeting stable industrial demand with flexible future use potential.

3819 94th Street SW, Lakewood

Listing Broker: John L. Scott, Inc; Terry Vo; 253-241-3280; tvo@johnlscott.com

6702 77th Street W, Lakewood
$1,100,000
3 Beds ⋅ 3 Baths ⋅ 2402888 MLS ⋅ ACTIVE Status
A MCM Canvas: Built to a Standard, Not a Price. Welcome to a residence where structural integrity meets the boundless potential of your vision. For the MCM purist, this is the "holy grail" find: a home boasting the kind of old-growth timber framing, expansive masonry, and architectural intent that is cost-prohibitive to replicate today. This is an invitation to reveal the high-spec "bones" that modern builders simply cannot afford to include. The clean lines, horizontal planes and seamless indoor-outdoor flow all MCM signatures coupled with large window banks designed to bring the outdoors in. Opportunity awaits - secure your high-caliber architectural footprint at a fraction of today’s replacement cost. Existing upgrades include new windows, new roof, new panel and HVAC system.

6702 77th Street W, Lakewood

Listing Broker: RE/MAX Northwest; Sonia Grunberg; 253-307-0477; sonia@soniagrunberg.com

7201 Holly Hedge SW Unit #8, Lakewood
$999,000
4 Beds ⋅ 4 Baths ⋅ 2546485 MLS ⋅ ACTIVE Status
Tucked inside Holly Hedge — one of Lakewood's most private gated communities — this single-story home offers a rare find: private access to Lake Steilacoom. With just a handful of homes in the community, residents share a private dock, gazebo, boat storage, and a covered party cabana with fireplace — the ease of waterfront living, without the upkeep. Inside, 2,500+ sq ft flows effortlessly with a main floor primary suite, two additional bedrooms down, an oversized kitchen with island, an extra-large walk-in pantry, a wet bar, and an office. Upstairs, a spacious 4th bedroom with an oversized walk-in closet doubles as a bonus flex space — ideal for a media room, guest suite, or home gym. Thoughtful custom built-ins throughout and a natural gas line to the deck for grilling and the outdoor fireplace add everyday ease, while a gardener-designed, totally private backyard and patio create the perfect space for entertaining or quiet garden time. 4 beds, 3.25 baths, 3 car garage, gated community, private lake access — the kind of address and amenities that rarely come available. This is Lakewood living at its finest.

7201 Holly Hedge SW Unit #8, Lakewood

Listing Broker: Morrison House Sotheby's Intl; Chelsea Kelley; 253-232-6608; Chelsea@ChelseaKelleyRealEstate.com

7201 Holly Hedge SW Unit #8, Lakewood
$999,000
4 Beds ⋅ 4 Baths ⋅ 2536787 MLS ⋅ ACTIVE Status
Tucked inside Holly Hedge — one of Lakewood's most private gated communities — this single-story home offers a rare find: private access to Lake Steilacoom. With just a handful of homes in the community, residents share a private dock, gazebo, boat storage, and a covered party cabana with fireplace — the ease of waterfront living, without the upkeep. Inside, 2,500+ sq ft flows effortlessly with a main floor primary suite, two additional bedrooms down, an oversized kitchen with island, an extra-large walk-in pantry, a wet bar, and an office. Upstairs, a spacious 4th bedroom with an oversized walk-in closet doubles as a bonus flex space — ideal for a media room, guest suite, or home gym. Thoughtful custom built-ins throughout and a natural gas line to the deck for grilling and the outdoor fireplace add everyday ease, while a gardener-designed, totally private backyard and patio create the perfect space for entertaining or quiet garden time. 4 beds, 3.25 baths, 3 car garage, gated community, private lake access — the kind of address and amenities that rarely come available. This is Lakewood living at its finest.

7201 Holly Hedge SW Unit #8, Lakewood

Listing Broker: Morrison House Sotheby's Intl; Chelsea Kelley; 253-232-6608; Chelsea@ChelseaKelleyRealEstate.com

11724 Madera Drive SW, Lakewood
$999,000
3 Beds ⋅ 3 Baths ⋅ 2486284 MLS ⋅ ACTIVE Status
Experience the pinnacle of refined, SINGLE-LEVEL living in the exclusive gated enclave of MADERA. This meticulously maintained residence showcases true one-story functionality paired with sophisticated upgrades and unmistakable pride of ownership. A grand double-door entry welcomes you into a light-filled living room anchored by a charming gas fireplace. The formal dining room flows seamlessly into the heart of the home: an open-concept kitchen featuring brand-new appliances and a versatile "working butler’s pantry" designed as a coffee bar or dedicated workstation.The kitchen overlooks a spacious family room, highlighted by a second cozy gas fireplace with a custom reclaimed beam mantle. The layout is thoughtfully designed with a private bedroom wing. The primary suite serves as a serene retreat, offering views of the rear grounds and an ensuite bath featuring a private sauna with a new heater. Outside, the living spaces are exceptional, boasting an oversized composite deck, a built-in water feature, and a dedicated TV viewing area. The rear yard has been reimagined with custom stone wall, terraces, and fire pit.High-value updates include a 2022 roof, custom shutters, new carpeting, and modern AC. Located moments from the TACOMA COUNTRY AND GOLF CLUB, Town Center, and easy freeway access, Madera offers a unique lifestyle in a secure, private setting. Discover your new lifestyle today.

11724 Madera Drive SW, Lakewood

Listing Broker: Morrison House Sotheby's Intl; Michael Morrison; 253-606-5925; michael@MyUniqueHome.com

12930 Pacific Highway SW, Lakewood
$940,000
2583338 MLS ⋅ ACTIVE Status
Pleased to present Lakewood Commercial Plaza, a 100% occupied, 3-tenant NNN investment opportunity located in Lakewood, WA. The 5,192 SF center is occupied by Anything Insurance, CARSTAR, and Pacific NW Gaming and Collectibles, providing investors with diversified income from a mix of service-oriented tenants. All leases include annual rent escalations based on CPI, providing built-in income growth and a hedge against inflation. Strategically positioned along Pacific Hwy SW, the property benefits from prominent I-5 visibility to 142,000+ vehicles per day. The property is located near joint Base Lewis-McChord, one of the area’s largest employment centers, and just 1.5 miles from Lakewood Station. With highly leasable suite sizes, on-site parking, and flexible zoning, the property is well positioned to maintain its long-term appeal and benefit from continued growth throughout the Lakewood market.

12930 Pacific Highway SW, Lakewood

Listing Broker: Kidder Mathews; Kevin G. Verger; 206-946-9425; kevin.verger@kidder.com

5607 76th Street W, Lakewood
$930,000
2541782 MLS ⋅ ACTIVE Status
HUGE REDUCTION! Turnkey investment opportunity in one of Lakewood's most sought-after rental pockets. This well-maintained fourplex features four 2BD/1BA units with in-unit washer/dryers. Three units are remodeled, leaving the fourth for immediate value-add upside. Excellent location just minutes from Joint Base Lewis-McChord (JBLM), Mount Tahoma High School, and Interstate 5. The property offers strong rental demand. Ample off-street parking and private patios complete an already compelling package. A rare chance to step into a largely stabilized asset with built-in growth potential - whether you're a seasoned investor or expanding your portfolio.

5607 76th Street W, Lakewood

Listing Broker: Every Door Real Estate; Julia Kim-Cutts; 253-820-1916; juliak@everydoorrealestate.com

12795 Gravelly Lake Drive SW, Lakewood
$889,000
2538170 MLS ⋅ ACTIVE Status
LAKE LIFE, REIMAGINED. A rare opportunity to own more than an acre of waterfront on Gravelly Lake, one of Lakewood's most coveted addresses. Offering 45 feet of private frontage, this legacy property is the kind of opportunity that rarely becomes available. Known for its calm waters, exceptional privacy, and remarkably peaceful setting, Gravelly Lake is widely regarded as one of the area's most desirable lakes. The property slopes gently from street to shoreline, creating an exceptional setting for a custom waterfront estate. Positioned along the lake's southeast shoreline, the homesite enjoys beautiful afternoon sun, water views, and spectacular sunsets that become part of everyday life. This is one of the final opportunities to build new on Gravelly Lake, where vacant waterfront parcels are exceptionally rare. Just around the corner, Tacoma Country & Golf Club offers optional golf and social memberships, adding another layer to an already extraordinary lifestyle. Bring your architect, bring your vision, and create something truly timeless. Buyer to verify all zoning, building, and development requirements with the City of Lakewood.

12795 Gravelly Lake Drive SW, Lakewood

Listing Broker: Morrison House Sotheby's Intl; Chelsea Kelley; 253-232-6608; Chelsea@ChelseaKelleyRealEstate.com

11409 Cloverdale Court SW, Lakewood
$875,000
5 Beds ⋅ 3 Baths ⋅ 2565698 MLS ⋅ ACTIVE Status
Big Living. Dream Backyard. Unbeatable Convenience. Spread out, gather together, and live large in this beautifully cared-for home on more than half an acre! Double doors open to impressive formal living and dining spaces with a cozy fireplace and light-filled skylights. The chef's delight-sized kitchen features an oversized island, bar area opening to the patio, and an additional living space designed for lively entertaining or relaxed everyday comfort. The main-level primary suite offers a walk-in closet and room to lounge, while two additional bedrooms, a full bath, generous laundry room, and large garage add exceptional flexibility. Upstairs, discover two more spacious bedrooms with extended closets, a full bath, and a recreation room perfect for games, movies, or multigenerational living. Thoughtful upgrades like life-time metal room and heat pump A/C give peace of mind and comfort. Outside, the expansive landscaped yard, sport court, and 2 sheds are ready for gardens, play, pets, parties, and big fun. Minutes from JBLM, I-5, Lakewood Towne Center, lakes, parks, golf, dining, and recreation with downtown Tacoma and SeaTac Airport within easy reach!

11409 Cloverdale Court SW, Lakewood

Listing Broker: Windermere RE West Campus Inc; Regina Madiera-Gorden; 253-381-6685; regina@windermere.com

6425 Nyanza Park Drive SW, Lakewood
$839,950
6 Beds ⋅ 2 Baths ⋅ 2532876 MLS ⋅ ACTIVE Status
Exceptional Adult Family Home investment opportunity! This fully renovated and WABO-certified property is turnkey and ready for operation. Featuring 5 bedrooms, 2 bathrooms, an extra bedroom in the garage.spacious living areas, and tasteful updates throughout, this home combines comfort, functionality, and income potential. The updated kitchen boasts stainless steel appliances and ample space for meal preparation and gathering. Recent improvements include a newer roof, updated windows, and a fully fenced yard with mature fruit trees.Currently configured and approved for Adult Family Home use, this property is ideal for investors, owner-operators, or care providers looking to step into a licensed care facility with room to grow. Conveniently located with easy access to I-5, shopping, medical facilities, schools, and other amenities. Rare opportunity to own a move-in-ready, WABO-certified Adult Family Home in a high-demand market. HOME IS NOT VACANT!!

6425 Nyanza Park Drive SW, Lakewood

Listing Broker: Skyline Properties, Inc.; Anthony Pere; 253-457-5441; anthonypere.properties@gmail.com

11215 Madera Circle SW, Lakewood
$815,000
4 Beds ⋅ 3 Baths ⋅ 2582156 MLS ⋅ ACTIVE Status
New Price, re-freshed yard and ready to sell in coveted Madera Gated Community, this home has been remodeled to shine. Sitting on a .4 acres this home features 3000+ sq. ft, 4 generous bedrooms with big closets, and 2.5 baths. New kitchen, quartz countertops, flooring, carpet, and paint inside and out. This Victorian home has everything you are looking for. Close to Lake Steilacoom, American Lake, TCGC, I-5, JBLM, Lakewood town center, this location is unmatched. Rest easy knowing all updates have been made while keeping the character of the original design. This home is move in ready and the community will look forward seeing you on your morning walks around the neighborhood.

11215 Madera Circle SW, Lakewood

Listing Broker: Keller Williams Rty Tacoma; Michael Putnam; 253-732-7739; michaelput@gmail.com

6912 65th Avenue W, Lakewood
$815,000
4 Beds ⋅ 3 Baths ⋅ 2578306 MLS ⋅ ACTIVE Status
NEW PRICE! Beautifully maintained inside & out, this inviting home is tucked into the meticulously cared-for Creek Ridge neighborhood where pride of ownership is evident at every turn. Manicured landscaping & exceptional curb appeal welcome you home, while a 50-year architectural-grade roof w/many years of life remaining adds peace of mind. Inside, vaulted ceilings, crisp wainscoting, double-pane vinyl windows & brand-new carpet create a fresh, timeless feel. Formal living & dining rooms offer plenty of space for entertaining, while the tastefully updated kitchen features abundant cabinetry, a center island, built-in desk & casual dining nook. Just beyond, the comfortable family room is anchored by a gas fireplace flanked by built-ins. Step outside to the composite deck & beautifully landscaped yard backing to a peaceful greenbelt—quiet, private & perfect for relaxing or entertaining. An office, laundry room & powder bath complete the main level. Upstairs, you'll find four generously sized bedrooms, including a spacious primary retreat w/walk-in closet & 5-piece ensuite bath. Central A/C keeps things comfortable year-round. An oversized 2-car garage provides excellent additional storage, while the charming backyard shed/playhouse offers even more. Thoughtfully maintained, beautifully presented & ready to enjoy!

6912 65th Avenue W, Lakewood

Listing Broker: Engel & Volkers Chambers Bay; Kristin E. Niebergall; 253-381-7170; kristin.niebergall@evrealestate.com

12524 Addison Street SW, Lakewood
$799,000
2508142 MLS ⋅ ACTIVE Status
Priced Improved on Prime multifamily-zoned land in Lakewood’s high-growth corridor, just minutes to JBLM. This nearly shovel-ready site includes extensive pre-development work—civil site planning, survey, geotechnical analysis, landscape design, and MEP (mechanical, electrical, plumbing)/energy coordination—saving significant time and upfront costs. Strong soil conditions support efficient stormwater design, enhancing feasibility and reducing development expense. Potential eligibility for the 12-year MFTE program may further improve long-term returns (buyer to verify). Flexible opportunity for builders, investors, or developers seeking a streamlined path to a ~25-unit project in a proven rental submarket. Do NOT disturb tenants.

12524 Addison Street SW, Lakewood

Listing Broker: eXp Realty; Claire Fralish; 253-230-2567; claire.fralish.re@gmail.com

12524 Addison Street SW, Lakewood
$799,000
3 Beds ⋅ 2 Baths ⋅ 2506001 MLS ⋅ ACTIVE Status
Priced Improved on Prime multifamily-zoned land in Lakewood’s high-growth corridor, just minutes to JBLM. This nearly shovel-ready site includes extensive pre-development work—civil site planning, survey, geotechnical analysis, landscape design, and MEP (mechanical, electrical, plumbing)/energy coordination—saving significant time and upfront costs. Strong soil conditions support efficient stormwater design, enhancing feasibility and reducing development expense. Potential eligibility for the 12-year MFTE program may further improve long-term returns (buyer to verify). Flexible opportunity for builders, investors, or developers seeking a streamlined path to a ~25-unit project in a proven rental submarket. Do NOT disturb tenants.

12524 Addison Street SW, Lakewood

Listing Broker: eXp Realty; Claire Fralish; 253-230-2567; claire.fralish.re@gmail.com

6146 88 Street SW, Lakewood
$785,000
5 Beds ⋅ 3 Baths ⋅ 2587956 MLS ⋅ ACTIVE Status
TWO HOMES. TWO PARCELS. ONE RARE OPPORTUNITY. Introducing The Evergreen House (6146) and The Haven House (6148)—two beautifully renovated, move-in-ready homes on separate legal parcels, now available together. A unique opportunity for investors, multigenerational living, owner-occupants seeking additional income, or builders and developers looking toward future possibilities. Live in one and rent the other, create a private family compound, hold both as income-producing rentals, or explore additional housing and development potential. Buyer to verify all development feasibility and intended use with the City of Lakewood. Both homes have been thoughtfully refreshed with modern finishes, new appliances, updated interiors and turnkey appeal. Two separate homes and parcels provide exceptional flexibility today with exciting possibilities for the future. Conveniently located near JBLM with easy access to I-5, shopping, dining and everyday amenities. Purchase together or separately. See MLS #2584951 for The Evergreen House at 6146 and MLS #2584897 for The Haven House at 6148.

6146 88 Street SW, Lakewood

Listing Broker: Coldwell Banker Bain; Natalie Sutey; 509-679-1371; natalie.sutey@cbrealty.com

5208 100th Street SW, Lakewood
$750,000
2533959 MLS ⋅ ACTIVE Status
Exceptional owner user opportunity to acquire a well established operation in a highly visible Lakewood location. Property has served the community for years with an established clientele, strong local presence, and consistent operating history. Sale includes goodwill, FF&E, and commercial real estate. Situated along a strong commercial corridor with excellent accessibility and traffic exposure, this property offers a turnkey setup ideal for salon, skincare, massage, wellness, beauty, medical spa, or other service oriented users. Functional layout with multiple treatment and service areas, reception space, parking, and existing infrastructure already in place for continued operation. Business demonstrates stable revenue history with profitable operations, creating an attractive opportunity for an owner user seeking to build long term equity through ownership. Potential upside for an operator looking to expand services, increase marketing presence, extend operating hours, or modernize branding. Rare opportunity in an established Lakewood market with strong visibility and accessibility. Buyer to verify all information to own satisfaction. Confidential sale. Please do not disturb business operations.

5208 100th Street SW, Lakewood

Listing Broker: COMPASS; Andy Lee; 253-720-2937; andy.lee@compass.com

7409 Steilacoom Boulevard SW, Lakewood
$749,000
4 Beds ⋅ 3 Baths ⋅ 2533657 MLS ⋅ ACTIVE Status
SWEEPING LAKE STEILACOOM VIEWS and timeless Craftsman character come together in this beautifully restored 4-bedroom, 2.5-bath home. Thoughtfully updated with HIGH-EFFICIENCY WINDOWS, NEW A/C, NEW GARAGE ROOF, UPGRADED GARAGE INSULATION & DRYWALL, and tree removal to maximize the breathtaking water views.Inside, you'll find rich HARDWOOD FLOORS, elegant wainscoting, detailed trim work, and charming architectural cutouts that showcase the home's incredible character. The inviting living room features an original fireplace, while the formal dining room flows into a beautifully updated kitchen with quartz countertops, custom cabinetry, stainless steel appliances, and eating bar. French doors open to a SUN-FILLED PLANT ROOM/SUNROOM surrounded by windows and stunning lake views. Upstairs, the spacious PRIMARY SUITE WITH LAKE VIEWS offers a renovated ensuite and private view deck. Two additional large bedrooms complete the second floor.The FULLY FINISHED ATTIC WITH SINK AND CEILINGS OVER 6 FEET provides flexible space for a media room, office, studio, or guest retreat. Downstairs, the BASEMENT WITH CEILINGS OVER 6 FEET includes a luxurious marble steam room, laundry area, and abundant storage.Outside, enjoy a detached 2-CAR GARAGE and AMPLE PARKING ON THE PROPERTY with room for multiple vehicles, an RV, boat, and recreational equipment.A rare opportunity to own a home that perfectly blends MODERN UPDATES, HISTORIC CRAFTSMAN CHARM, FLEXIBLE LIVING SPACES, AND INCREDIBLE LAKE VIEWS.

7409 Steilacoom Boulevard SW, Lakewood

Listing Broker: Keller Williams Realty PS; Adam Bartlett; 206-250-5055; thebartlettgroupre@gmail.com

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