Gravelly Lake Homes under $1.25 million

Gravelly Lake Homes under $1.25 million

Welcome to Gravelly Lake, a hidden gem nestled in the heart of Lakewood, Washington. This charming neighborhood is renowned for its picturesque views and serene surroundings, making it an ideal place for families, retirees, and anyone seeking a tranquil lifestyle. With its lush landscapes and the beautiful Gravelly Lake at its center, residents enjoy a unique blend of nature and community.

Gravelly Lake offers an array of homes under $1.25 million, providing a diverse selection for prospective buyers. Whether you’re looking for a cozy single-family residence or a spacious modern home, this neighborhood has something to suit every taste and budget. Many of these properties feature stunning lake views, expansive yards, and easy access to local parks, making them perfect for outdoor enthusiasts and families alike.

The community is not only defined by its beautiful homes but also by its welcoming atmosphere. With friendly neighbors and a strong sense of community, you’ll find plenty of opportunities to connect with others through local events and gatherings. The nearby parks and recreational facilities offer a variety of activities, from hiking and biking to boating and fishing, ensuring that there’s always something to do.

Conveniently located near shopping centers, schools, and dining options, Gravelly Lake provides the perfect balance of tranquility and accessibility. If you’re ready to explore a neighborhood that combines natural beauty with a vibrant community spirit, Gravelly Lake is the perfect place to call home. Discover your dream home today in this enchanting lakeside haven!

Newest Gravelly Lake Homes under $1.25 million

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
$775,000
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

6425 Nyanza Park Drive SW, Lakewood
$839,950
6 Beds ⋅ 2 Baths ⋅ 2532876 MLS ⋅ ACTIVE Status
Exceptional Adult Family Home investment opportunity! This fully renovated and WABO-certified property is turnkey and ready for operation. Featuring 5 bedrooms, 2 bathrooms, an extra bedroom in the garage.spacious living areas, and tasteful updates throughout, this home combines comfort, functionality, and income potential. The updated kitchen boasts stainless steel appliances and ample space for meal preparation and gathering. Recent improvements include a newer roof, updated windows, and a fully fenced yard with mature fruit trees.Currently configured and approved for Adult Family Home use, this property is ideal for investors, owner-operators, or care providers looking to step into a licensed care facility with room to grow. Conveniently located with easy access to I-5, shopping, medical facilities, schools, and other amenities. Rare opportunity to own a move-in-ready, WABO-certified Adult Family Home in a high-demand market. HOME IS NOT VACANT!!

6425 Nyanza Park Drive SW, Lakewood

Listing Broker: Skyline Properties, Inc.; Anthony Pere; 253-457-5441; anthonypere.properties@gmail.com

11724 Madera Drive SW, Lakewood
$999,000
3 Beds ⋅ 3 Baths ⋅ 2486284 MLS ⋅ ACTIVE Status
Experience the pinnacle of refined, SINGLE-LEVEL living in the exclusive gated enclave of MADERA. This meticulously maintained residence showcases true one-story functionality paired with sophisticated upgrades and unmistakable pride of ownership. A grand double-door entry welcomes you into a light-filled living room anchored by a charming gas fireplace. The formal dining room flows seamlessly into the heart of the home: an open-concept kitchen featuring brand-new appliances and a versatile "working butler’s pantry" designed as a coffee bar or dedicated workstation.The kitchen overlooks a spacious family room, highlighted by a second cozy gas fireplace with a custom reclaimed beam mantle. The layout is thoughtfully designed with a private bedroom wing. The primary suite serves as a serene retreat, offering views of the rear grounds and an ensuite bath featuring a private sauna with a new heater. Outside, the living spaces are exceptional, boasting an oversized composite deck, a built-in water feature, and a dedicated TV viewing area. The rear yard has been reimagined with custom stone wall, terraces, and fire pit.High-value updates include a 2022 roof, custom shutters, new carpeting, and modern AC. Located moments from the TACOMA COUNTRY AND GOLF CLUB, Town Center, and easy freeway access, Madera offers a unique lifestyle in a secure, private setting. Discover your new lifestyle today.

11724 Madera Drive SW, Lakewood

Listing Broker: Morrison House Sotheby's Intl; Michael Morrison; 253-606-5925; michael@MyUniqueHome.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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