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Listed by Brad Stave • Keller Williams Rty Tacoma.
FOR SALE

$2,599,950

Est. $14,401/mo

4 bd•3.75 ba•5,691 sq ft

11430 Gravelly Lake Drive SW, Lakewood, WA 98499

• Listed Sep 4, 2026•18 days active · 18 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: Keller Williams Rty Tacoma; Brad Stave; 253-486-2452; Brad@PugetSoundLife.com

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Listing Broker: Keller Williams Rty Tacoma; Brad Stave; 253-486-2452; Brad@PugetSoundLife.com

About this home

Historic Lake Steilacoom estate designed by renowned architect Kirtland Cutter. Built in 1922, this 4 bedroom, 4 bathroom home includes nearly 5,700 square feet on over three total acres, which includes an additional waterfront parcel, with park-like grounds and rare lakefront privacy. Updates throughout, including a fully remodeled kitchen that retains its antique European cupboards. The elegant living room features original herringbone tiger oak flooring, an antique French marble fireplace mantle, and custom hand blocked wallpaper. A 3 car garage provides ample parking. Daylight basement offers a laundry room and media room. An additional guest house includes a kitchen, living room, bedroom, and three-quarter bathroom. Outdoor living includes a patio with fireplace, a pump house, a boat house with a newly replaced roof, and a fire pit. Additionally, a new dock has been built and installed on the lakeshore. This is a rare opportunity to own one of the most historic and architecturally significant estates on Lake Steilacoom.

Property type
Single Family
Year built
1922
Interior
5,691 sq ft
Lot size
3.07 acres
Parking
3-car garage
Price / sq ft
$457
HeatingRadiator
CoolingCentral Air
Property taxes$20,001/yr (est.)
School districtClover Park

Listed by Brad Stave • Keller Williams Rty Tacoma

Listing updated: September 22, 2026 at 06:42pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2568869

Around this home

RexMont OfferEdge™

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11430 Gravelly Lake Drive SW, Lakewood, WA 98499

List price
$2,599,950
Down payment
$519,990

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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

  • Daylight, Finished basement

Bedrooms

  • 4 bedrooms total
  • 4 upstairs

Bathrooms

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

Layout

  • 2 Stories w/Bsmnt
  • 5,691 sq ft finished

Flooring

  • Ceramic Tile
  • Concrete
  • Carpet

Heating & cooling

  • Radiator heating
  • Central Air cooling

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level,Partial Slope,Terraces
Vegetation
Garden Space
Lot number
4

Systems

Energy source
Natural Gas,Oil
Power production
Natural Gas, Oil
Power company
PSE
Water company
Lakewood
Sewer company
Lakewood
Irrigation water rights
No

New construction

Square footage source
Realist
Lot size source
Realist

Manufactured home

Land lease
No

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

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Sales & Tax Records for 11430 Gravelly Lake Drive SW

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. Sep 4, 2026
    Listed
    NWMLS via MLS Grid · #2568869
    $2,599,950
    $457/sq ft
  2. Oct 11, 2018
    Sold
    NWMLS via MLS Grid · #1212681
    $1,599,000
    $281/sq ft
  3. Aug 28, 2018
    Pending
    NWMLS via MLS Grid · #1212681
    $1,695,000
    $298/sq ft
  4. Aug 28, 2018
    Price reduced
    NWMLS via MLS Grid · #1212681
    $1,695,000
    $298/sq ft
  5. Nov 6, 2017
    Listed
    NWMLS via MLS Grid · #1212681
    $1,750,000
    $308/sq ft
  6. Nov 15, 2004
    Sold
    NWMLS via MLS Grid · #24068551
    $950,000
    $167/sq ft

Mortgage payment forecast

$16,718 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: Keller Williams Rty Tacoma; Brad Stave; 253-486-2452; Brad@PugetSoundLife.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 68 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $380,000 Sold

    1 day ago

    2 bd•1 ba•~1,554 sq ft•Single Family

    6423 100th Street SW, Lakewood, WA 98499

    5%

    Under list

    63

    Days on market

    0.9 mi

    Distance

  • $570,000 Sold

    2 days ago

    •Single Family

    5907 to 5909 SW 111th #07-09, Lakewood, WA 98499

    1%

    Over list

    182

    Days on market

    0.8 mi

    Distance

  • $540,000 Sold

    1 week ago

    3 bd•1.5 ba•~1,444 sq ft•Single Family

    6317 Nyanza Park Drive SW, Lakewood, WA 98499

    0%

    Over list

    34

    Days on market

    0.8 mi

    Distance

  • $890,000 Sold

    2 weeks ago

    4 bd•2.75 ba•~3,331 sq ft•Single Family

    11411 Clovercrest Drive SW, Lakewood, WA 98499

    1%

    Under list

    136

    Days on market

    0.5 mi

    Distance

  • $1,400,000 Sold

    2 weeks ago

    3 bd•3 ba•~5,388 sq ft•Single Family

    22 Loch Lane SW, Lakewood, WA 98499

    13%

    Under list

    84

    Days on market

    0.9 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 September 22, 2026 at 06:42pm (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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