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JRJeff ReynoldsCompass · Seattle
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Listed by Michael McNiel, Windermere Prof Partners

4
Bedrooms
4
Bathrooms
4,458
Square feet
$359
Per sq ft
Single Family Residence
Type
1959
Year built
25,500 sq ft
Lot
420
Days on market

About this property

An Exceptional Waterfront Estate on Coveted Gravelly Lake. Among Lakewood’s distinguished lakes, Gravelly Lake is regarded as one of the area’s most exclusive & 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 prestigious 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.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2591638
Listed
October 8, 2026
Days on market
420 (includes a prior listing period)
Price per sq ft
$359

Unit & building

Unit levels
One

Parking

Parking
Attached GarageRV Parking
Covered spaces
3
Total spaces
3

Views

View
LakeTerritorial

Construction

Year built
1959
Style
16 - 1 Story w/Bsmnt.
Structure
House
Roof
Composition

Heating & cooling

Heating
Heat Pump
Cooling
Central AirForced Air
Energy source
Natural Gas

Interior features

Features
Second KitchenBath Off PrimaryBuilt-In VacuumDbl Pane/Storm WindowDining RoomFireplaceJetted TubPantrySecurity SystemSkylight(s)Sprinkler SystemWalk-In Closet(s)Water HeaterWine Cellar
Fireplaces
3
Fireplace type
Gas

Flooring

Flooring
Ceramic TileHardwoodCarpet

Appliances

Appliances
DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Lot

Lot features
Dead End StreetPaved
Lot size
25,500 sq ft
Waterfront
Yes

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
Lakewood Water District
Sewer
Pierce County
Power
PSE

Schools

District
Clover Park

What stands out to you?

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

  • One
  • Attached Garage
  • RV Parking
  • Lake
  • Territorial
  • House
  • Composition
  • Heat Pump
  • Central Air
  • Forced Air
  • Natural Gas
  • Second Kitchen

Listing history

  1. Listed

    $1,600,000

    October 8, 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

$9,317

Principal & interest
$8,090
Property tax (est.)
$1,227

Assumes $320,000 down (20%), a $1,280,000 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of October 8, 2026 at 5:15 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.