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← Back to search results/Lakewood, WA/10430 Gravelly Lake Drive SW #42
1 / 16Early Access · First Look
Listed by Don Campbell • Real Estate Investment Svcs.
EARLY ACCESS · FIRST LOOK

$199,900

Est. $1,107/mo

2 bd•1.75 ba•1,065 sq ft

10430 Gravelly Lake Drive SW #42, Lakewood, WA 98499

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Listing Broker: Real Estate Investment Svcs; Don Campbell; 253-677-3367; Donc@reisinvest.com

About this home

Affordable and Retro Cute with some modernization! this Lakewood Condo cannot be beat! WHY rent when you can own? Payments less than rent for most! VA APPROVED CONDO - PRICED RIGHT! Located in the heart of Lakewood and convenient to everything. Across street from Lakewood Towne Center and tucked off of Gravelly Lake Drive, Le Ponce De Leon Condo #42 is Available SHORTLY! 1065 square feet, 2 bedrooms, and 2 separate bathrooms. Living room has a beautiful upgraded cozy fireplace and slider to the private back porch fenced backyard. Perfect for entertaining! PLUS, wall of windows brings in a lot of natural light. Efficient kitchen with plenty of cabinets and counter space. Large Primary suite with plenty of closet space, and a 3/4 bath. Condo Complex backs to Ponce de Leon Creek and has a nice relaxing open courtyard, outdoor pool, and clubhouse. Your HOA dues of $502/month include water, garbage, and lawn care. Unit #42 has a designated covered parking spot and additional private storage available in the laundry room (right next to your unit). Complex is VA approved, and FHA approved (S017479 001). New roof just completed by HOA. Seller paid off the special assessment for the roof!

Property type
Single Family
Year built
1966
Interior
1,065 sq ft
Lot size
0.0688 acres
Parking
Detached Carport
Price / sq ft
$188
HeatingBaseboard
CoolingNone
Property taxes$2,805.61/yr (est.)
HOA dues$502/mo
School districtClover Park

Listed by Don Campbell • Real Estate Investment Svcs

Listing updated: October 16, 2026 at 02:42pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2591804

Around this home

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10430 Gravelly Lake Drive SW #42, Lakewood, WA 98499

List price
$199,900
Down payment
$39,980

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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
  • Water Heater
  • Fireplace (wood burning)

Kitchen

  • Refrigerator
  • Stove(s)/Range(s)

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

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

Layout

  • 1 Story
  • 1,065 sq ft finished

Flooring

  • Hardwood
  • Vinyl
  • Carpet

Heating & cooling

  • Baseboard heating
  • None cooling

Schools

Ratings via SchoolDigger

School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Lot number
Unit 105
Zoning jurisdiction
City

Systems

Energy source
Electric
Power production
Electric
Water heater
Electric
Water heater location
Bedroom 2 Closet
Irrigation water rights
No

Rooms & extras

Bathtubs
1
Showers
2
Fireplaces on main
1
Excluded items
No

New construction

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

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

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The members' report

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Sales & Tax Records for 10430 Gravelly Lake Drive SW #42

NWMLS via MLS Grid · Pierce County Assessor

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 13, 2026
    Listed
    NWMLS via MLS Grid · #2591804
    $199,900
    $188/sq ft
  2. Oct 20, 2016
    Sold
    NWMLS via MLS Grid · #1002874
    $100,442
    $94/sq ft
  3. Sep 10, 2016
    Pending
    NWMLS via MLS Grid · #1002874
    $105,000
    $99/sq ft
  4. Jul 25, 2016
    Listed
    NWMLS via MLS Grid · #1002874
    $105,000
    $99/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.

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

$1,893 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: Real Estate Investment Svcs; Don Campbell; 253-677-3367; Donc@reisinvest.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 89 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $425,000 Sold

    1 week ago

    3 bd•1.75 ba•~1,296 sq ft•Single Family

    10002 Oak Lane SW, Lakewood, WA 98499

    0%

    Over list

    117

    Days on market

    0.4 mi

    Distance

  • $380,000 Sold

    2 weeks 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

    0.4 mi

    Distance

  • $570,000 Sold

    2 weeks ago

    •Single Family

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

    1%

    Over list

    182

    Days on market

    0.5 mi

    Distance

  • $890,000 Sold

    4 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

  • $650,000 Sold

    5 weeks ago

    4 bd•3.25 ba•~2,837 sq ft•Single Family

    6902 Mount Tacoma Drive SW, Lakewood, WA 98499

    0%

    Over list

    378

    Days on market

    0.7 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

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 20, 2026 at 8:29 AM PT (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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© 2026 Northwest Multiple Listing Service. All rights reserved.

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