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  • Listed by: NWC-KV LLC • Trevor Kovich
    Bought with: Windermere Prof Partners
    $1,150,000

    16 Loch Lane SW, Lakewood, WA 98499

    4beds
    3,708sqft
    Single Family Residence
    Built in 1951
    0.52 Acres Lot
    $1,135,700 Zestimate®
    $310/sqft
    $4,986 Estimated rent

    Home value

    $1,135,700

    $1.06M - $1.22M

    $4,986/mo

    Zestimate® history
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    What's special

    Partially finished daylight basementComposite dockFunctional layoutWestern exposureQuiet loch lnExpansive decks
    MOTIVATED SELLER! 1 level living w/75' of western exposure waterfront on Gravelly Lake! This traditional house sits at the end of quiet Loch Ln and offers a functional layout that can accommodate a variety of lifestyles. Main level has 3 bedrooms / 2.75 bath + partially finished daylight basement acts as a large 4th bedroom w/ a dedicated 3/4 bath. Detached garage has a large finished office w/ 3/4 bath, but could easily convert to an ADU. Multiple expansive decks are perfect for entertaining or watching the nightly sunsets. Newer 450sf composite dock provides endless opportunities for water enthusiasts. House needs some repair/updating but offers a rare opportunity and incredible value for anyone seeking a unique lake-front lifestyle.

    Zillow last checked:

    Listing updated:

    Listed by:

    Trevor Kovich,

    NWC-KV LLC

    Bought with:

    Kelsey Hayford, 129930

    Windermere Prof Partners

    Source: NWMLS as distributed by MLS GRID,MLS#: 2376318MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 2
    • 3/4 bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Bedroom
    • Level: Lower
    Bathroom three quarter
    • Level: Main
    Bathroom three quarter
    • Level: Lower
    Family room
    • Level: Main
    Heating
    • Fireplace, Forced Air, Electric, Natural Gas
    Cooling
    • None
    Appliances
    • Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: Gas, Water Heater Location: Garage & Basement
    Features
    • Bath Off Primary, Dining Room
    • Flooring: Hardwood, Laminate
    • Doors: French Doors
    • Windows: Skylight(s)
    • Basement: Daylight,Partially Finished
    • Number of fireplaces: 3
    • Fireplace features: Wood Burning, Lower Level: 1, Main Level: 2, Fireplace
    Interior area
    • Total structure area: 3,708
    • Total interior livable area: 3,708 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Detached Garage, Off Street
    • Garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Dining Room, Fireplace, French Doors, Skylight(s), Water Heater
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Medium Bank, Lake
    • Frontage length: Waterfront Ft: 75'
    Lot
    • Size: 0.52 Acres
    • Features: Dead End Street, Paved, Cable TV, Deck, Dock, Fenced-Partially, Patio, Sprinkler System
    • Topography: Level,Partial Slope,Sloped
    • Residential vegetation: Brush, Garden Space
    Details
    • Parcel number: 5315000270
    • Zoning: R2
    • Zoning description: Jurisdiction: City
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional,1 Story w/Bsmnt.
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Fair
    • Year built: 1951
    • Major remodel year: 1990

    Utilities & green energy

    • Electric: Company: Tacoma Public Utilities
    • Sewer: Sewer Connected, Company: Pierce County
    • Water: Public, Company: Lakewood Water
    • Utilities for property: Comcast / Century Link, Comcast / Century Link

    Community & HOA

    Community
    • Subdivision: Gravelly Lake
    Location
    • Region: Lakewood

    Financial & listing details

    • Price per square foot: $310/sqft
    • Tax assessed value: $1,124,500
    • Annual tax amount: $11,463
    • Date on market: 8/2/2025
    • Cumulative days on market: 354 days
    • Listing terms: Conventional,Rehab Loan,See Remarks,VA Loan
    • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    8/25/2025Sold$1,150,000-11.5%$310/sqft
    Source: NWMLS as distributed by MLS GRID #2376318 Report a problem
    7/19/2025Pending sale$1,299,000$350/sqft
    Source: NWMLS as distributed by MLS GRID #2376318 Report a problem
    7/9/2025Listed for sale$1,299,000$350/sqft
    Source: NWMLS as distributed by MLS GRID #2376318 Report a problem
    6/28/2025Pending sale$1,299,000$350/sqft
    Source: NWMLS as distributed by MLS GRID #2376318 Report a problem
    6/9/2025Price change$1,299,000-3.7%$350/sqft
    Source: NWMLS as distributed by MLS GRID #2376318 Report a problem
    5/15/2025Listed for sale$1,349,000$364/sqft
    Source: NWMLS as distributed by MLS GRID #2376318 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$11,463 -1.6%$1,124,500 +4.2%
    2023$11,653 -2.1%$1,079,400 -6.4%
    2022$11,907 +5.3%$1,152,700 +19.1%
    2021$11,310 +29.3%$967,800 +23.9%
    2019$8,745 -20.7%$780,900 +6.9%
    2018$11,030 +15.8%$730,300 -2%
    2017$9,523 -1.7%$745,200 +22.5%
    2016$9,688 $608,100 -0.5%
    2014$9,688 +19.6%$611,100 +2.2%
    2013$8,099 $597,900 +16.3%
    2012-- $513,900 -9.7%
    2011-- $569,200 -14.7%
    2010-- $667,600
    Find assessor info on the county website

    Neighborhood: Tyee Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,135,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,135,700