$199,900
Est. $1,107/mo2 bd•1.75 ba•1,065 sq ft
10430 Gravelly Lake Drive SW #42, Lakewood, WA 98499
• Listed Oct 20, 2026•7 days active · 7 cumulative
Listing Broker: Real Estate Investment Svcs; Don Campbell; 253-677-3367; Donc@reisinvest.com
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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 condominium, PRICED RIGHT! Located in the heart of Lakewood, convenient to everything. Across from Lakewood Towne Center, building sits back off Gravelly Lake Drive, Le Ponce de Leon Condo Unit#42 ready to move in now! 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! wall Back of living room is a wall of windows that 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. New roof just completed by HOA. Seller paid off the special assessment for the roof!
Listed by Don Campbell • Real Estate Investment Svcs
Listing updated: October 20, 2026 at 06:12pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2596483
Around this home
How much should you offer?
10430 Gravelly Lake Drive SW #42, Lakewood, WA 98499
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
- Ground Floor
- Water Heater
- Fireplace (wood burning)
Kitchen
- Microwave
- 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
- Condo (1 Level)
- Remodeled / updated: true
Flooring
- Laminate
- Carpet
Heating & cooling
- Baseboard heating
- Wall Furnace heating
- None cooling
Schools
Ratings via SchoolDigger- Park Lodge Elementary SchoolPublic · Grades PK-5 · 0.3 mi · State rank 1,040 of 1,1381/10
- Lochburn Middle SchoolPublic · Grades 6-8 · 1.3 mi · State rank 503 of 5141/10
- Clover Park High SchoolPublic · Grades 9-12 · 0.3 mi · State rank 365 of 3961/10
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.
Condominium facts
As entered by the listing broker on Northwest MLS
Building & HOA
- Building
- LE PONCE DE LEON, A CONDOMINIUM
- Floor of unit
- 1
- Units in building
- 20
- Stories in building
- 2
- FHA-approved project
- No
- Co-op
- No
- Common interest community
- No
- HOA dues
- $502
- Dues frequency
- Monthly
- Dues include
- Common Area Maintenance, Lawn Service, Trash
- Other dues or fees
- No
- Association contact
- Juli Henry oceanblue5464@gmail.com
- First right of refusal
- No
Rules
- Pets
- See Remarks
- 55+ community
- No
Unit
- Assigned parking
- 1
- Parking space numbers
- 42
- Storage location
- in laundry rm and on back porch
- Unit features
- Balcony/Deck/Patio,Ground Floor
- Common property features
- Clubhouse,Pool-Outdoor
Systems
- Energy source
- Electric
- Power production
- Electric
- Water heater
- Electric
- Water heater location
- Bedroom 2 Closet
- Power company
- Lakeview Light and Power
- Water company
- Lakewood Water
- Sewer company
- Pierce County Sewer
- Irrigation water rights
- No
- Cable connected
- Comcast
Rooms & extras
- Bathtubs
- 1
- Showers
- 2
- Fireplaces on main
- 1
New construction
- Square footage source
- Public Records
- Lot size source
- Public Records
- Effective year built source
- Public Records
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
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 10430 Gravelly Lake Drive SW #42
NWMLS via MLS Grid · Pierce County AssessorEvery 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.
- Oct 14, 2026ListedNWMLS via MLS Grid · #2596483$199,900$188/sq ft
- Oct 20, 2016SoldNWMLS via MLS Grid · #1002874$100,442$94/sq ft
- Sep 10, 2016PendingNWMLS via MLS Grid · #1002874$105,000$99/sq ft
- Jul 25, 2016ListedNWMLS 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 rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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%.
Ask about this home
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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.
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 90 days.
Recent sales nearby
Within 1 mile · last 6 months$625,000 Sold
2 weeks ago
3 bd•2.5 ba•Condo
11202 Greystone Drive SW, Lakewood, WA 98499
7%
Under list
127
Days on market
0.5 mi
Distance
$343,000 Sold
5 weeks ago
3 bd•1.75 ba•Condo
10430 Gravelly Lake Drive SW #40, Lakewood, WA 98499
1%
Over list
95
Days on market
0.1 mi
Distance
$346,000 Sold
6 weeks ago
2 bd•1.5 ba•Condo
11206 Clover Park Drive SW #25, Lakewood, WA 98499
3%
Under list
41
Days on market
0.4 mi
Distance
$210,000 Sold
2 months ago
1 bd•1 ba•Condo
9811 Whitman Avenue SW #17, Lakewood, WA 98499
2%
Under list
56
Days on market
0.4 mi
Distance
$407,000 Sold
3 months ago
3 bd•2 ba•Condo
4924 Diamond Boulevard #2, Lakewood, WA 98499
2%
Under list
70
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.
Want a deeper read on this market?
Ask a RexMont agentMarket 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 21, 2026 at 2:08 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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