Gravelly Lake Homes under $900,000

Gravelly Lake Homes under $900,000

Welcome to Gravelly Lake, a hidden gem nestled in the heart of Lakewood, Washington. This picturesque neighborhood is known for its serene landscapes, friendly community, and close-knit atmosphere, making it an ideal place for families, retirees, and anyone seeking a peaceful lifestyle. With the stunning Gravelly Lake at its center, residents enjoy a variety of outdoor activities, from leisurely walks along the waterfront to picnics in the park. The area is also surrounded by lush greenery and offers breathtaking views of Mount Rainier, providing a perfect backdrop for your daily adventures.

Gravelly Lake boasts a diverse selection of homes, many of which are available for under $900,000. Whether you're looking for a charming single-family residence, a cozy bungalow, or a modern townhouse, the neighborhood has something to suit every taste and budget. These properties often feature spacious layouts, well-maintained yards, and easy access to local amenities, including shops, restaurants, and recreational facilities.

The community is served by highly-rated schools, making it an excellent choice for families with children. Additionally, the neighborhood's convenient location allows for easy commutes to nearby cities and attractions, ensuring that you can enjoy both the tranquility of suburban living and the excitement of urban life.

Discover the warmth and charm of Gravelly Lake, where your dream home awaits. Embrace the opportunity to live in a vibrant community that truly feels like home, all while staying within your budget. Come explore what this delightful neighborhood has to offer!

Newest Gravelly Lake Homes under $900,000

12117 Interlaaken Drive SW, Lakewood
$575,000
2 Beds ⋅ 2 Baths ⋅ 2599864 MLS ⋅ FIRST LOOK Status
You'll love this classic brick rambler with a basement in the heart of Lakewood, offering an exceptional opportunity to create something truly special. Situated on an expansive 48,600 sq ft lot (1.11 acres), surrounded by towering oak and fir trees and million-dollar homes on either side, the real value lies in the land, setting, and remarkable potential. The home needs updating and renovation, but its classic character and substantial footprint provide the foundation for an impressive estate-style residence. The partially finished 1,200-square-foot basement offers additional possibilities for expanded living space. The generous lot size may also present opportunities for an accessory dwelling unit (ADU) or potentially two additional residential building sites, subject to zoning, subdivision requirements, and applicable approvals. Buyer to independently investigate and verify all development possibilities to their own satisfaction. The premier location is hard to beat, offering the tranquility of an established residential neighborhood with convenient access to shopping, I-5, schools, and medical facilities. Bring your vision and unlock the possibilities! An opportunity like this is certainly worth a closer look!

12117 Interlaaken Drive SW, Lakewood

Listing Broker: COMPASS; Mike Larson; 253-209-1572; mike.larson@compass.com

13071 Pacific Highway Unit #D, Lakewood
$275,000
2 Beds ⋅ 1 Baths ⋅ 2598876 MLS ⋅ ACTIVE Status
Freshly updated 2-bedroom, 1-bath townhouse with a bonus office/den! This inviting home features an open-concept layout, fresh interior paint, luxury vinyl plank flooring, and stylish updated fixtures throughout. The beautifully updated kitchen boasts new cabinetry, modern hardware, quartz countertops with a stunning waterfall feature, a stylish backsplash, and new appliances. The entryway offers a convenient coat closet, while the cozy living room provides additional storage beneath the stairs. Step outside to your private, fully fenced yard featuring a partially covered composite deck, perfect for relaxing, entertaining, or summer BBQs! Upstairs, you'll find brand-new carpet and padding, along with a refreshed bathroom featuring a porcelain tile shower surround, new vanity with quartz countertop, and new toilet. Conveniently located within walking distance of PSP Pizza and El Toro Mexican Restaurant, with Jack's BBQ just a little farther down the road. Enjoy easy freeway access and a convenient commute to JBLM. A beautifully refreshed home offering comfort, style, and convenience. MUST SEE!

13071 Pacific Highway Unit #D, Lakewood

Listing Broker: 1 Percent Lists Tacoma; Chad Nolan; 253-459-0235; chadn@1percentlists.com

10430 Gravelly Lake Drive SW Unit #42, Lakewood
$199,900
2 Beds ⋅ 2 Baths ⋅ 2596483 MLS ⋅ ACTIVE Status
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 with a storage closet, fenced backyard. Back of living room is a wall of windows that brings in natural light. Efficient kitchen with sufficient 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!

10430 Gravelly Lake Drive SW Unit #42, Lakewood

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

12101 Nyanza Road SW, Lakewood
$750,000
3 Beds ⋅ 2 Baths ⋅ 2591579 MLS ⋅ ACTIVE Status
Full remodel completed in 2026, with timeless character and modern convenience! This charming Colonial has undergone an extensive renovation featuring new plumbing, electrical panel & wiring, tankless water heater, Milgard windows, Trex deck, aluminum deck railing, insulation, LVP flooring, plush carpet, interior doors, interior and exterior paint and mini splits. The stunning new kitchen offers soft-close cabinetry, quartz counters, under-cabinet lighting and new appliances. Even the upstairs bath has been elevated with radiant floor heating and a heated towel bar on a timer! The main level lives like a rambler, with a spacious living room featuring a beautiful wood-burning fireplace, dining room, gorgeous kitchen with breakfast nook overlooking the backyard, ¾ bath and bedroom. Upstairs are two additional bedrooms, a full bath and an adorable bonus space off the bedroom with the built-ins, currently used as a delightful playroom. The finished basement offers a versatile bonus room with electric fireplace and provisions for a full kitchen—perfect for guests or multigenerational living, plus a utility room and patio off the slider. Outside, nearly ¾ acre of fully fenced, park-like grounds await, complete with mature landscaping, gazebo, patio, sprinkler system & drive-through gate. Ideally located in the desirable Gravelly Lake area near the Country Club, golf course, lakes, I-5, JBLM, shopping, dining and medical. A beautifully reimagined home that truly must be seen!

12101 Nyanza Road SW, Lakewood

Listing Broker: Yelm Windermere; Sheryl K. Williams; 253-905-0928; sherylw@windermere.com

11215 Madera Circle SW, Lakewood
$799,450
4 Beds ⋅ 3 Baths ⋅ 2582156 MLS ⋅ ACTIVE Status
New Price, re-freshed yard and ready to sell in coveted Madera Gated Community, this home has been remodeled to shine. Sitting on a .4 acres this home features 3000+ sq. ft, 4 generous bedrooms with big closets, and 2.5 baths. New kitchen, quartz countertops, flooring, carpet, and paint inside and out. This Victorian home has everything you are looking for. Close to Lake Steilacoom, American Lake, TCGC, I-5, JBLM, Lakewood town center, this location is unmatched. Rest easy knowing all updates have been made while keeping the character of the original design. This home is move in ready and the community will look forward seeing you on your morning walks around the neighborhood.

11215 Madera Circle SW, Lakewood

Listing Broker: Keller Williams Rty Tacoma; Michael Putnam; 253-732-7739; michaelput@gmail.com

8811 Wildwood Avenue SW, Lakewood
$499,950
4 Beds ⋅ 2 Baths ⋅ 2548559 MLS ⋅ ACTIVE Status
Beautifully remodeled 4-bedroom, 2-bath Lakewood rambler, where modern updates meet the freedom of a generous .28-acre lot. Step inside to a fresh, inviting interior with a stunning remodeled kitchen, updated bathrooms, and a cozy fireplace that feels like home. The easy single-level layout offers flexibility for a home office, guests, hobbies, or whatever life brings next. But the surprises don't stop at the front door! Imagine morning coffee in your spacious enclosed sunroom, summer afternoons enjoying the backyard, and evenings entertaining in your expansive, fully fenced yard. Need room for your RV, toys, or extra vehicles? You've got it, along with an attached garage! Conveniently located near JBLM, shopping, parks, and commuter routes. Four bedrooms, modern updates, exceptional outdoor space, and room to live the way you want. Come experience it for yourself!

8811 Wildwood Avenue SW, Lakewood

Listing Broker: Real Broker LLC; Jody McNamer; 206-910-6880; jody@mcnamer.com

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Based on information submitted to the MLS GRID as of . 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.
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