Listed by Chris Murphy, COMPASS
- Land
- Type
- 18,916 sq ft
- Lot
- 39
- Days on market
About this property
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.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2532737
- Listed
- June 4, 2026
- Days on market
- 39
Homeowners association
- HOA dues
- $700 quarterly
- Dues include
- Common Area MaintenanceRoad Maintenance
Views
- View
- LakeSee RemarksTerritorial
Construction
- Style
- 40 - Res-Less thn 1 Ac
- Structure
- None
Community & building features
- Features
- CCRsGated
Lot
- Lot features
- Cul-De-SacPaved
- Lot size
- 18,916 sq ft
- Waterfront
- Yes
Terms
- Terms offered
- Cash
Utilities
- Utilities
- Electricity AvailableNatural Gas Available
- Water
- Available
- Sewer
- Available
Schools
- District
- Lakewood
What stands out to you?
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- Common Area Maintenance
- Road Maintenance
- Lake
- See Remarks
- Territorial
- None
- CCRs
- Gated
- Cul-De-Sac
- Paved
- Cash
- Electricity Available
Listing history
Listed
$625,000
June 4, 2026
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
$3,872
- Principal & interest
- $3,160
- Property tax (est.)
- $479
- HOA dues
- $233
Assumes $125,000 down (20%), a $500,000 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 July 13, 2026 at 11:15 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.