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$899,000
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 courtesy of Morrison House Sotheby's Intl.

$325,000
2556031 MLS ⋅ ACTIVE Status
Positioned across from Harry Todd Park and moments from American Lake, this 0.28-acre MF2-zoned parcel offers a compelling opportunity for a builder or investor seeking a head start on a four-unit concept. The current site plan depicts two attached two-unit buildings with garages, a shared access layout, proposed sewer connections and water meters. Predevelopment work includes engineered plans, structural calculations, soils and stormwater testing, and an active commercial sewer application for Building A. The mostly level, partially cleared lot is surrounded by established residential development with convenient access to schools, JBLM and I-5. Significant professional design and coordination provide a more developed starting point than a typical vacant parcel. Buyer to independently verify zoning, development feasibility, plans, approvals, utilities, costs and requirements.

14507 Woodlawn Street SW, Lakewood

Listing courtesy of Real Broker LLC.

$600,000
2532737 MLS ⋅ ACTIVE Status
A rare opportunity – the last of a few undeveloped waterfront properties on Gravelly Lake. Even rarer still, a south-facing waterfront custom homesite in the coveted Madera Gardens gated neighborhood. Picture your dream home, sitting proudly at elevation looking out over the pristine waters of Gravelly Lake. Offering 103’ of low-bank lakefront and a generous 18,916 square foot lot, create terraced gardens from the elevated home site meandering down to the shoreline. Create a stunning outdoor entertainment area with nearly all-day sun thanks to the southerly perspective. Gravelly Lake is the ideal private water enthusiast’s paradise with limited boat traffic with lake access limited to residents. Enjoy sailing, fishing, kayaking, and watersports. Start your day by waking to the natural, soothing movements of the water & behold an osprey catching a fish. Unwind at the end of the day, admiring the sunset. Tacoma Country & Golf Club is just around the corner for social and golf membership. Enjoy the private formal gardens of the early 1900's Gravelly Lake Estate of Madera.

11623 Madera Gardens Drive SW, Lakewood

Listing courtesy of COMPASS.

$525,000
2535263 MLS ⋅ ACTIVE Status
Investor alert! Over 1 acre with prime short-plat and multi-unit development potential. The solid 2 bed, 1 bath, 2,000+ sq. ft. brick bungalow with detached garage is ideally situated at the front of the parcel—leaving expansive space for additional homes, duplexes, or more. The property is fully fenced, and the home is in good condition. Sold as-is through an estate sale. Excellent location close to JBLM, I-5 corridor improvements, shopping, schools, parks, lakes. Future Sounder station and 1.3-mile shared use trail! Rare opportunity to create multiple income-producing units in a high-demand area. Buyer to independently verify all information, permits, zoning, and development requirements with the City of Lakewood to their satisfaction.

15202 Washington Avenue SW, Lakewood

Listing courtesy of Pellego, Inc..

Based on information submitted to the MLS GRID as of . 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.
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