Gravelly Lake Waterfront, property has the potential to be subdivided. 1.15 acres of prime real estate w/125' (+/-) of waterfront. Build your dream home on this parcel w/a gradual slope to the beach & water. Home is just minutes from the Tacoma Country & Golf Club. Gravelly Lake is known for its quiet lake activities, fishing, kayaking & water skiing. Property features a detached garage with a studio above it which has a view of the lake, .75 bathroom & utility sink. Main home has large garden window w/a great view of the lake. Upstairs with outside access is a large studio with kitchen & .75 baths. Downstairs you will find large open space & a bedroom. Don't miss this opportunity to live on Gravelly Lake and enjoy all that it has to offer.
Sold for $1,300,000
$1,300,000
11515 Gravelly Lake Dr SW, Lakewood, WA 98499
2beds
0baths
1.15Acres
VacantLand
Built in 1919
1.15 Acres Lot
$1,331,900 Zestimate®
$668/sqft
$1,182 Estimated rent
Home value
$1,331,900
$1.17M - $1.51M
$1,182/mo
Zestimate® history
Owner options
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$1,182/mo
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$1,182/mo
Rent Zestimate®
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$8,094/mo
Est. payment
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$8,094/mo
Est. payment
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List your homeWhat's special
Large studioLarge garden windowUtility sinkLarge open spaceDetached garage
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
Heating
- Baseboard, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
Features
- Flooring: Hardwood
- Basement: Partially finished
Interior area
- Total interior livable area: 1,945 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Wood
- Has view: Yes
- View description: lake
- Has water view: Yes
- Water view: lake
Lot
- Size: 1.15 Acres
Details
- Parcel number: 4725002120
Community & HOA
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $668/sqft
- Tax assessed value: $1,301,900
- Annual tax amount: $13,299
Price history
| Date | Event | Price |
|---|---|---|
| 8/8/2025 | Sold | $1,300,000$668/sqft |
Source: Public Record Report a problem | ||
| 7/31/2023 | Sold | $1,300,000-13%$668/sqft |
Source: Public Record Report a problem | ||
| 3/7/2023 | Listing removed | -- |
Source: John L Scott Real Estate Report a problem | ||
| 10/1/2022 | Listed for sale | $1,495,000+1395%$769/sqft |
Source: John L Scott Real Estate #2002642 Report a problem | ||
| 9/30/2022 | Sold | $100,000-93.7%$51/sqft |
Source: Public Record Report a problem | ||
| 6/1/2022 | Price change | $1,595,000-5.9%$820/sqft |
Source: John L Scott Real Estate #1886161 Report a problem | ||
| 2/15/2022 | Listed for sale | $1,695,000+111.9%$871/sqft |
Source: John L Scott Real Estate #1886161 Report a problem | ||
| 1/29/2021 | Sold | $800,000$411/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,299 +7.2% | $1,301,900 +6.5% |
| 2024 | $12,408 -3.5% | $1,222,800 +2.5% |
| 2023 | $12,852 +2.1% | $1,192,500 -2.1% |
| 2022 | $12,582 +1.4% | $1,218,700 +14.6% |
| 2021 | $12,407 +29.1% | $1,063,400 +29.9% |
| 2019 | $9,614 | $818,900 +1.8% |
| 2018 | -- | $804,500 -3.7% |
| 2017 | $22,615 +115% | $835,000 +26% |
| 2016 | $10,518 | $662,700 -0.2% |
| 2014 | $10,518 +127.4% | $664,100 +0.9% |
| 2013 | $4,625 | $658,500 +11.9% |
| 2012 | -- | $588,500 -13.6% |
| 2011 | -- | $681,100 -20.2% |
| 2010 | -- | $853,100 -10.4% |
| 2009 | -- | $952,300 -8.3% |
| 2008 | -- | $1,038,600 -5.3% |
| 2007 | $13,142 +101.3% | $1,096,900 +100% |
| 2002 | $6,529 -7.6% | $548,400 +25.2% |
| 2001 | $7,066 | $438,100 -9.6% |
| 2000 | $7,066 | $484,400 |
Find assessor info on the county website
Neighborhood: Idlewild
Nearby homes
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Nearby schools
GreatSchools rating
- 3/10Idlewild Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 6/10Harrison Preparatory SchoolGrades: 6-12Distance: 2 mi
- 4/10Clover Park High SchoolGrades: 9-12Distance: 0.8 mi
- Washington
- Pierce County
- Lakewood
- 98499
- Idlewild
- 11515 Gravelly Lake Dr SW