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  • Listed by: eXp Realty • Elizabeth Foster
    Bought with: RE/MAX Exclusive
    $540,000

    10612 Lake Steilacoom Drive SW, Lakewood, WA 98498

    3beds
    1,512sqft
    Single Family Residence
    Built in 1947
    0.31 Acres Lot
    $538,000 Zestimate®
    $357/sqft
    $2,820 Estimated rent

    Home value

    $538,000

    $506,000 - $570,000

    $2,820/mo

    Zestimate® history
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    What's special

    Tucked away on a quiet, highly desirable Lakewood street where neighbors rarely move, this beautifully updated one-level home sits just a stone’s throw from Lake Steilacoom and offers the ultimate turn-key lifestyle. Perfect for first-time buyers looking to avoid costly weekend projects, you can move right in with total peace of mind knowing the sellers have already taken care of the big-ticket items—including a 2yr old roof w/30yr warranty, newer tankless water heater, brand-new Hardie Plank siding with fresh exterior paint, and a ductless heat pump for efficient heating and crisp summer air conditioning. Inside, the premier primary retreat feels like a five-star spa, boasting a fully renovated 5-piece ensuite with heated floors, a luxury steam shower, a free standing soaking tub and a large walk-in closet. The rest of the home is just as impressive, featuring an updated kitchen with sleek quartz countertops, a beautifully refreshed hall bathroom, and gorgeous laminate wood flooring throughout. The cozy living room centers around a warm gas fireplace, and all additional bedrooms are generously sized. Situated on a massive lot with stunning, mature landscaping, RV/EV plug. The private backyard offers endless space to entertain, garden, or play. It is incredibly rare to find a home with a premium lake-adjacent location, high-end interior luxuries and every major mechanical system already updated, at an affordable price-schedule your tour today before this Lakewood gem is gone!

    Zillow last checked:

    Listing updated:

    Offers reviewed: May 26
    Listed by:

    Elizabeth Foster,

    eXp Realty

    Bought with:

    Kay Wohlers, 122858

    RE/MAX Exclusive

    Source: NWMLS as distributed by MLS GRID,MLS#: 2522697MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Bathroom full
    • Level: Main
    Bonus room
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Main
    Kitchen without eating space
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, Ductless, Electric, Natural Gas
    Cooling
    • Ductless
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
    Features
    • Bath Off Primary, Ceiling Fan(s), Dining Room, High Tech Cabling
    • Flooring: Ceramic Tile, Laminate, Carpet
    • Doors: French Doors
    • Windows: Dbl Pane/Storm Window
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Gas, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 1,512
    • Total interior livable area: 1,512 sqft

    Property

    Parking
    • Parking features: Driveway, RV Parking
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, High Tech Cabling, Walk-In Closet(s)
    Lot
    • Size: 0.31 Acres
    • Features: Paved, Cable TV, Electric Car Charging, Fenced-Fully, Gas Available, High Speed Internet, Outbuildings, Patio, RV Parking
    • Topography: Level
    • Residential vegetation: Garden Space
    Details
    • Parcel number: 2665000042
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 Story
    • Property subtype: Single Family Residence
    Materials
    • Cement/Concrete
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 1947

    Utilities & green energy

    • Electric: Company: TPU
    • Sewer: Sewer Connected, Company: Pierce County Sewer
    • Water: Public, Company: Lakewood Water

    Community & HOA

    Community
    • Subdivision: Lake Steilacoom
    Location
    • Region: Lakewood

    Financial & listing details

    • Price per square foot: $357/sqft
    • Tax assessed value: $427,600
    • Annual tax amount: $4,754
    • Offers reviewed: 05/26/2026
    • Date on market: 6/29/2026
    • Cumulative days on market: 23 days
    • Listing terms: Conventional,FHA,VA Loan
    • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    7/5/2026Listing removed$3,250$2/sqft
    Source: Zillow Rentals Report a problem
    7/1/2026Price change$3,250-7.1%$2/sqft
    Source: Zillow Rentals Report a problem
    6/13/2026Listed for rent$3,500$2/sqft
    Source: Zillow Rentals Report a problem
    6/5/2026Sold$540,000+2.9%$357/sqft
    Source: NWMLS as distributed by MLS GRID #2522697 Report a problem
    5/27/2026Pending sale$525,000$347/sqft
    Source: eXp Realty #2522697 Report a problem
    5/20/2026Listed for sale$525,000+106.5%$347/sqft
    Source: NWMLS as distributed by MLS GRID #2522697 Report a problem
    1/7/2019Sold$254,230-5.5%$168/sqft
    Source: NWMLS as distributed by MLS GRID #1263355 Report a problem
    9/19/2018Listing removed$269,000$178/sqft
    Source: Aspen NW #1263355 Report a problem
    4/13/2018Pending sale$269,000$178/sqft
    Source: Aspen NW #1263355 Report a problem
    4/5/2018Price change$269,000-3.6%$178/sqft
    Source: Aspen NW #1263355 Report a problem
    3/24/2018Listed for sale$279,000-3.8%$185/sqft
    Source: Aspen NW #1263355 Report a problem
    12/7/2017Listing removed$289,950$192/sqft
    Source: RE/MAX PROFESSIONALS #1115116 Report a problem
    7/22/2017Price change$289,950-3.3%$192/sqft
    Source: RE/MAX PROFESSIONALS #1115116 Report a problem
    6/14/2017Price change$299,950-3.2%$198/sqft
    Source: RE/MAX PROFESSIONALS #1115116 Report a problem
    4/29/2017Listed for sale$310,000+26.5%$205/sqft
    Source: RE/MAX PROFESSIONALS #1115116 Report a problem
    3/15/2006Sold$245,000+122.7%$162/sqft
    Source: NWMLS as distributed by MLS GRID #26006421 Report a problem
    8/31/1998Sold$110,000$73/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,754 +7.5%$427,600 +4.4%
    2024$4,422 +11.1%$409,500 +11.9%
    2023$3,981 -4.8%$366,000 -9%
    2022$4,180 +1.7%$402,300 +14.9%
    2021$4,111 +39.7%$350,200 +30.5%
    2019$2,944 -11.3%$268,300 +9.9%
    2018$3,318 +13.3%$244,100 +9%
    2017$2,927 +16.8%$223,900 +34.9%
    2016$2,506 $166,000 +6%
    2014$2,506 +3.9%$156,600 -6.3%
    2013$2,413 $167,100 +9.8%
    2012-- $152,200 -11%
    2011-- $171,000 -6.5%
    2010-- $182,800 -13.1%
    2009-- $210,300 -13.8%
    2008$2,899 +0%$244,100 -0.2%
    2007$2,899 +50.5%$244,700 +84.7%
    2002$1,926 +12.1%$132,500
    2001$1,719 $132,500 +12.6%
    2000$1,719 $117,700
    Find assessor info on the county website

    Neighborhood: Idlewild

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Idlewild Elem

    Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $538,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $538,000