$2,025,000
Listed at $2,085,0003 bd•1.5 ba•3,571 sq ft
11428 Gravelly Lake Drive Sw, Lakewood, WA 98499
• Listed 2025-10-16
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Based on information submitted to the MLS GRID as of December 25, 2025 at 04:03am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Gracious & comfortable WATERFRONT living. Named "Best American Living Award" by NAHB for its original design to take advantage of 63' of DIRECT WATERFRONT on LAKE STEILACOOM. Dramatic entry feeds to soaring ceilings; walls of glass overlook the lake; open concept kitchen w/ BACK KITCHEN w/ second oven, Fridge, abundant storage. Main level office w/ 1 of 3 Wood Fireplaces; UPPER LEVEL primary w/ dramatic view deck overlooking lake; spa like bath; huge walk-in closet w/ WASH/DRY. Lower level holds SAUNA; wet bar; second WASH/DRY; family room and bedrooms. Freshly updated with styling for today's taste; close to TACOMA COUNTRY AND GOLF CLUB and amenities. A soothing setting with unique design; imagine the lifestyle; breathe and take it in.
Listed by Michael Morrison • Morrison House Sotheby's Intl
Listing updated: December 25, 2025 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2445398
$1,039,000
-$986,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $600K and $2.55M.
Rental earnings
$3,125/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$2,550,000Last sold price
11400 Gravelly Lake Drive Sw, Lakewood, WA 98499

$764,000Last sold price
11207 Lake Steilacoom Drive Sw, Lakewood, WA 98498
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
Neighborhood mobility
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Lakewood is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 12 days.
$440,000 Sold
3 days ago
3 bd•1 ba•~1,254 sq ft•Single Family
10915 Davisson Road Sw, Lakewood, WA 98499
4%
Under list
—
Days on market
0.9 mi
Distance
$710,000 Sold
2 months ago
3 bd•1.5 ba•~2,834 sq ft•Single Family
12621 Nyanza Road Sw, Lakewood, WA 98499
1%
Under list
—
Days on market
1.0 mi
Distance
$650,000 Sold
5 months ago
4 bd•2.5 ba•~2,594 sq ft•Single Family
11721 Creekside Drive Sw, Lakewood, WA 98499
5%
Under list
—
Days on market
0.8 mi
Distance
$657,000 Sold
6 months ago
4 bd•1.5 ba•~1,678 sq ft•Single Family
5501 116th Street Sw, Lakewood, WA 98499
1%
Over list
—
Days on market
1.0 mi
Distance
$700,000 Sold
6 months ago
3 bd•1 ba•~1,929 sq ft•Single Family
11211 Madera, Lakewood, WA 98499
7%
Under list
—
Days on market
0.2 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Clover Park School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.