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JRJeff ReynoldsCompass · Seattle

Listed by Ken Crotts, eXp Realty

4
Bedrooms
4
Bathrooms
2,386
Square feet
$163
Per sq ft
Condominium
Type
1990
Year built
10,052 sq ft
Lot
253
Days on market

About this property

INVESTOR ALERT! Approved short sale price of $390,000! Investor and value-add opportunity with Lake Steilacoom views, a desirable location, and excellent potential. This end-unit, townhouse-style condo offers 4 bedrooms, 3.5 baths, a 2-car garage, and a versatile multi-level floor plan.High ceilings, abundant natural light, and a desirable layout provide a great foundation for cosmetic improvements. New carpet, paint, and updating could significantly enhance the property and build equity. The primary suite features lake views, an en suite bath with jetted tub and separate shower, plus a spacious walk-in closet. The living room offers vaulted ceilings, fireplace, and access to a view deck.The lower level includes a bonus room, fourth bedroom, and full bath, providing additional flexibility for guests, multi-generational living, or office space. HOA dues cover common-area maintenance, garbage, lawn service, and water. Community amenities include landscaped grounds, a walking path to Lake Steilacoom, and shared dock. Convenient to shopping, dining, parks, JBLM, and Madigan Army Medical Center. Bring your vision and capitalize on the location, lake views, and value-add potential!

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Location & commute

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Directions

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Property details

Listing details

Listing number
#2478701
Listed
February 13, 2026
Days on market
253 (includes a prior listing period)
Price per sq ft
$163
Original list price
$399,000

Unit & building

Unit
D3
Floor
1
Building
Waters Edge Ph I Condo
Stories in building
3
Unit levels
Three Or More
Units in building
19

Homeowners association

HOA dues
$1,088 monthly
Dues include
Common Area MaintenanceRoad MaintenanceSewerWater

Parking

Parking
Individual Garage
Covered spaces
2
Total spaces
2

Views

View
LakePartial
View from
Unit

Construction

Year built
1990
Style
34 - Condo (3 Levels)
Structure
Condominium
Roof
Composition

Heating & cooling

Heating
Forced AirHeat Pump
Cooling
Central Air
Energy source
Electric

Interior features

Features
Central VacuumCooking-ElectricDryer-ElectricEnd UnitFireplaceInsulated WindowsPrimary BathroomSoaking TubVaulted Ceiling(s)Walk-In Closet(s)Washer
Fireplaces
1
Fireplace type
Wood Burning

Flooring

Flooring
Ceramic TileVinylCarpet

Appliances

Appliances
DishwasherMicrowaveRefrigeratorStove(s)/Range(s)

Lot

Lot features
Paved
Lot size
10,052 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
HOA
Sewer
Pierce County Sewer
Power
TPU

Schools

District
Clover Park
Elementary
Custer Elem
Middle
Lochburn Mid
High
Clover Park High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Three Or More
  • Common Area Maintenance
  • Road Maintenance
  • Sewer
  • Water
  • Individual Garage
  • Lake
  • Partial
  • Condominium
  • Composition
  • Forced Air
  • Heat Pump

Listing history

  1. Listed

    $399,000

    February 13, 2026

  2. Current price

    $390,000

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$3,359

Principal & interest
$1,972
Property tax (est.)
$299
HOA dues
$1,088

Assumes $78,000 down (20%), a $312,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

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Based on information submitted to the MLS GRID as of October 12, 2026 at 7:30 PM PDT. 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.