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Listed by Chelsea Kelley • Morrison House Sotheby's Intl.
FOR SALE

$999,000

Est. $5,533/mo

Price reduced $100,000 from the original $1,099,000 asking price

4 bd•3.25 ba•2,578 sq ft

7201 Holly Hedge SW #8, Lakewood, WA 98499

• Listed Jun 26, 2026•105 days active · 105 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Morrison House Sotheby's Intl; Chelsea Kelley; 253-232-6608; Chelsea@ChelseaKelleyRealEstate.com

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Listing Broker: Morrison House Sotheby's Intl; Chelsea Kelley; 253-232-6608; Chelsea@ChelseaKelleyRealEstate.com

About this home

Tucked inside Holly Hedge — one of Lakewood's most private gated communities — this single-story home offers a rare find: private access to Lake Steilacoom. With just a handful of homes in the community, residents share a private dock, gazebo, boat storage, and a covered party cabana with fireplace — the ease of waterfront living, without the upkeep. Inside, 2,500+ sq ft flows effortlessly with a main floor primary suite, two additional bedrooms down, an oversized kitchen with island, an extra-large walk-in pantry, a wet bar, and an office. Upstairs, a spacious 4th bedroom with an oversized walk-in closet doubles as a bonus flex space — ideal for a media room, guest suite, or home gym. Thoughtful custom built-ins throughout and a natural gas line to the deck for grilling and the outdoor fireplace add everyday ease, while a gardener-designed, totally private backyard and patio create the perfect space for entertaining or quiet garden time. 4 beds, 3.25 baths, 3 car garage, gated community, private lake access — the kind of address and amenities that rarely come available. This is Lakewood living at its finest.

Property type
Condo
Year built
1997
Interior
2,578 sq ft
Lot size
0.2079 acres
Parking
3-car garage
Price / sq ft
$388
HeatingForced Air
CoolingCentral Air, Forced Air
Property taxes$9,996.27/yr (est.)
HOA dues$900 / quarter ($300/mo)
School districtClover Park

Listed by Chelsea Kelley • Morrison House Sotheby's Intl

Listing updated: October 6, 2026 at 11:00am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2546485

Around this home

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7201 Holly Hedge SW #8, Lakewood, WA 98499

List price
$999,000
Down payment
$199,800

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Fireplace
  • Sprinkler System
  • Vaulted Ceiling(s)
  • Fireplace (gas)

Kitchen

  • Dishwasher
  • Disposal
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 4 bedrooms total
  • 3 on the main level
  • 1 upstairs

Bathrooms

  • 2 full bathrooms
  • 1 three-quarter bathroom (shower, no tub)
  • 1 half bathroom
  • 3.25 bathrooms total (NWMLS count)
  • 3 on the main level

Layout

  • Condo (2 Levels)

Flooring

  • Ceramic Tile
  • Hardwood
  • Vinyl

Heating & cooling

  • Forced Air heating
  • Central Air cooling
  • Forced Air cooling

Condominium facts

As entered by the listing broker on Northwest MLS

Building & HOA

Building
Holly Hedge Condo and BSP
Floor of unit
1
Units in building
1
Stories in building
1
Common interest community
Yes
HOA dues
$900
Dues frequency
Quarterly
Dues include
Common Area Maintenance, Security
Association contact
Barb Reams

Rules

Pets
Yes
55+ community
No

Unit

Unit features
Balcony/Deck/Patio,Sprinkler System,Vaulted Ceilings,Walk-in Pantry
Common property features
Dock
Entry location
Main

Systems

Energy source
Natural Gas
Power production
Natural Gas
Power company
PSE
Water company
Lakewood Water District
Gas company
PSE
Garbage service
Lemay
Irrigation water rights
No

Rooms & extras

Fireplaces on main
1

New construction

Square footage source
Public Records
Lot size source
Public Records
Effective year built source
Public Records

Neighborhood mobility

Walk, bike & transit scores

Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Schools

Ratings via SchoolDigger

Clover Park School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · Grades High
    —

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.

Sales & Tax Records for 7201 Holly Hedge SW #8

NWMLS via MLS Grid

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Oct 6, 2026
    Price reduced
    NWMLS via MLS Grid · #2546485
    $999,000
    $388/sq ft
  2. Oct 6, 2026
    Price reduced
    NWMLS via MLS Grid · #2536787
    $999,000
    $388/sq ft
  3. Jun 25, 2026
    Listed
    NWMLS via MLS Grid · #2546485
    $1,099,000
    $426/sq ft
  4. Jun 25, 2026
    Listed
    NWMLS via MLS Grid · #2536787
    $1,099,000
    $426/sq ft

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$6,916 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: Morrison House Sotheby's Intl; Chelsea Kelley; 253-232-6608; Chelsea@ChelseaKelleyRealEstate.com

Market pulse

Lakewood is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 72 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $343,000 Sold

    3 weeks ago

    3 bd•1.75 ba•Condo

    10430 Gravelly Lake Drive SW #40, Lakewood, WA 98499

    1%

    Over list

    95

    Days on market

    0.7 mi

    Distance

  • $240,000 Sold

    4 weeks ago

    2 bd•1 ba•Condo

    8221 SW Paine #8221, Lakewood, WA 98499

    2%

    Under list

    130

    Days on market

    0.8 mi

    Distance

  • $210,000 Sold

    8 weeks ago

    1 bd•1 ba•Condo

    9811 Whitman Avenue SW #17, Lakewood, WA 98499

    2%

    Under list

    56

    Days on market

    0.5 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 6, 2026 at 11:00am (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.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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