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  • Listed by: Neighborhood Experts Real Est. • Lindsey Balter
    Bought with: Premier Real Estate Partners
    $1,140,000

    12321 Interlaaken Drive SW, Lakewood, WA 98498

    4beds
    5,454sqft
    Single Family Residence
    Built in 1948
    0.98 Acres Lot
    $1,139,400 Zestimate®
    $209/sqft
    $5,297 Estimated rent

    Home value

    $1,139,400

    $1.08M - $1.21M

    $5,297/mo

    Zestimate® history
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    What's special

    Gas fireplace insertTankless water heaterUpdated fixturesTile flooringTiled showerLighted vanityExterior eave lighting
    Extensively updated and thoughtfully improved, this property offers a rare blend of timeless beauty with modern luxuries. Starting with a new roof in 2020, this home has undergone significant upgrades inside and out. The main residence features a full renovation completed in 2024 with all-new electrical, plumbing, windows, lighting, and modern finishes throughout. The kitchen and living spaces were fully rebuilt with new appliances and a built-in buffet with two mini fridges. A tankless water heater and whole-home mini-split system provide efficient comfort. Newer fencing along the south and west boundaries with added gates, and durable cement board siding installed during the 2024 restoration. The primary suite includes a remodeled bath and closet with tile flooring, tiled shower, updated fixtures, and a lighted vanity. Additional highlights include a gas fireplace insert, an expanded upstairs hall bath, a central network panel with Ethernet wiring, electric blinds, exterior eave lighting, and improved attic access with storage. The DADU has been fully remodeled with updated finishes and in-unit laundry, ideal for guests, rental income, or multi-generational living. Roof, windows, and major systems have been updated, creating a truly move-in-ready home. Classic design meets high-end luxury on almost a full acre; this is an absolute show stopper.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lindsey Balter,

    Neighborhood Experts Real Est.,

    Paige Schulte,

    Neighborhood Experts Real Est.

    Bought with:

    Khalid Farrah, 124805

    Premier Real Estate Partners

    Source: NWMLS as distributed by MLS GRID,MLS#: 2511514MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 3
    • 3/4 bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    Primary bedroom
    • Level: Second
    Bedroom
    • Level: Second
    Bedroom
    • Level: Second
    Bathroom full
    • Level: Second
    Bathroom full
    • Level: Second
    Bathroom three quarter
    • Level: Second
    Bathroom three quarter
    • Level: Main
    Other
    • Level: Main
    Den office
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Main
    Great room
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, Ductless, Fireplace Insert, Electric, Natural Gas
    Cooling
    • Ductless
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric/Tankless, Water Heater Location: Utility Room
    Features
    • Bath Off Primary, Dining Room, High Tech Cabling
    • Flooring: Ceramic Tile, Laminate
    • Doors: French Doors
    • Windows: Dbl Pane/Storm Window, Skylight(s)
    • Basement: None
    • Number of fireplaces: 4
    • Fireplace features: Gas, Wood Burning, Main Level: 3, Upper Level: 1, Fireplace
    Interior area
    • Total structure area: 4,454
    • Total interior livable area: 5,454 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Detached Garage, RV Parking
    • Has garage: Yes
    • Covered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, High Tech Cabling, Skylight(s), Solarium/Atrium, Walk-In Closet(s), Water Heater, Wet Bar, Wine/Beverage Refrigerator, Wired for Generator
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.98 Acres
    • Features: Corner Lot, Paved, Secluded, Sidewalk, Athletic Court, Cable TV, Deck, Fenced-Partially, Gas Available, High Speed Internet, Outbuildings, Patio, Propane, Rooftop Deck, RV Parking, Sprinkler System
    • Topography: Level
    • Residential vegetation: Fruit Trees, Garden Space, Wooded
    Details
    • Additional structures: ADU Beds: 1, ADU Baths: 1
    • Parcel number: 4285000080
    • Special conditions: Standard
    • Other equipment: Wired for Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional,2 Story
    • Property subtype: Single Family Residence
    Materials
    • Cement Planked, Cement Plank
    • Foundation: Poured Concrete, Slab
    • Roof: See Remarks
    Condition
    • Very Good
    • Year built: 1948
    • Major remodel year: 2024

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Sewer Connected, Company: Pierce County Public Works
    • Water: Public, Company: Lakewood Water District

    Community & HOA

    Community
    • Subdivision: Gravelly Lake
    Location
    • Region: Tacoma

    Financial & listing details

    • Price per square foot: $209/sqft
    • Tax assessed value: $803,200
    • Annual tax amount: $12,392
    • Date on market: 6/3/2026
    • Cumulative days on market: 49 days
    • Listing terms: Conventional,VA Loan
    • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    6/10/2026Sold$1,140,000+0%$209/sqft
    Source: NWMLS as distributed by MLS GRID #2511514 Report a problem
    5/9/2026Pending sale$1,139,999$209/sqft
    Source: NWMLS as distributed by MLS GRID #2511514 Report a problem
    4/23/2026Listed for sale$1,139,999+45.2%$209/sqft
    Source: NWMLS as distributed by MLS GRID #2511514 Report a problem
    7/22/2019Sold$785,000$144/sqft
    Source: NWMLS as distributed by MLS GRID #1425762 Report a problem
    6/27/2019Pending sale$785,000$144/sqft
    Source: Morrison House Sotheby's International Realty #1425762 Report a problem
    3/21/2019Price change$785,000-1.8%$144/sqft
    Source: Morrison House Sotheby's International Realty #1425762 Report a problem
    9/28/2018Price change$799,000-4.8%$146/sqft
    Source: Morrison House Sotheby's International Realty #1308676 Report a problem
    7/29/2018Price change$839,000-4.1%$154/sqft
    Source: Morrison House Sotheby's International Realty #1308676 Report a problem
    6/10/2018Listed for sale$875,000$160/sqft
    Source: Morrison House Sotheby's International Realty #1308676 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,877 -17%$803,200 -19.1%
    2023$10,690 +3.9%$993,300 -0.5%
    2022$10,292 +7.2%$998,200 +21.3%
    2021$9,604 +40.8%$823,200 +34.5%
    2019$6,819 -13.9%$612,100 +7.4%
    2018$7,922 +9.5%$569,800 +6%
    2017$7,236 +7.5%$537,600 +20.8%
    2016$6,731 $445,000 +4.8%
    2014$6,731 +16.8%$424,700 +2.7%
    2013$5,762 $413,600 +13%
    2012-- $366,000 -20%
    2011-- $457,700 -11%
    2010-- $514,100
    Find assessor info on the county website

    Neighborhood: Lake City

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lake Louise Elem
    • High: Clover Park High

    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
    $1,139,400
    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
    $1,139,400