Gravelly Lake Homes under $700,000

Gravelly Lake Homes under $700,000

Welcome to Gravelly Lake, a hidden gem nestled in the heart of Lakewood, Washington. This picturesque neighborhood is renowned for its serene atmosphere, stunning views, and a vibrant community spirit that truly makes it feel like home. With its proximity to the sparkling waters of Gravelly Lake, residents enjoy a wealth of outdoor activities, from leisurely strolls along the shoreline to invigorating hikes in the nearby parks.

Gravelly Lake is characterized by its charming tree-lined streets, offering a mix of well-maintained homes that reflect a variety of architectural styles. Whether you’re searching for a cozy bungalow, a spacious family home, or a modern townhouse, you’ll find an array of options here—all under the appealing price point of $700,000. This affordability makes Gravelly Lake an attractive choice for first-time homebuyers, families, and retirees alike.

The neighborhood boasts excellent schools, making it a fantastic place for families to settle down. Local parks and recreational facilities provide ample opportunities for children to play and for neighbors to connect. The vibrant community hosts seasonal events and gatherings that foster a sense of belonging, ensuring that newcomers quickly feel at home.

With convenient access to major highways, commuting to Tacoma, Seattle, or beyond is a breeze. Gravelly Lake offers the perfect blend of tranquility and accessibility, making it an ideal place to call home. Explore the charm of Gravelly Lake and discover your dream home today!

Newest Gravelly Lake Homes under $700,000

11711 Woodbine Lane SW, Tacoma
$535,000
3 Beds ⋅ 3 Baths ⋅ 2598513 MLS ⋅ ACTIVE Status
INVESTOR ALERT! Incredible Opportunity with Endless Potential! Bring your vision, creativity, and tool belt! This 3-bedroom fixer-upper sits on an expansive 12,480-square-foot corner lot in the established Mountbrook Manor neighborhood. Built in 1954, this property offers a fantastic opportunity for investors, renovators, or buyers looking to build sweat equity and transform a diamond in the rough into something special! Featuring generous living space, a fireplace, attached garage, forced-air heating, hardwood floors, this home provides a great starting point for your renovation plans. The oversized lot, mature trees, and established neighborhood setting add to the property's appeal. Whether you're looking for your next fix-and-flip project, a long-term investment, or a home to renovate and make your own, this property is full of possibilities. Bring your imagination and unlock the potential of this exciting opportunity!

11711 Woodbine Lane SW, Tacoma

Listing Broker: BCR LLC; Juli Anne Gibson; 253-370-8182; juliannegibsonre@gmail.com

12117 Interlaaken Drive SW, Lakewood
$575,000
2 Beds ⋅ 2 Baths ⋅ 2599864 MLS ⋅ ACTIVE 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

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

Start Your Search
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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

How much is your home worth?

Get instant property value now!