Tucked away in the sought-after gated community of Holly Hedge on Lake Steilacoom, this custom-built home offers a rare opportunity to own in a lovely enclave of just 10 residences. This 3-bedroom, 3-bathroom home features a unique layout filled with architectural character and vast potential. Enjoy views of the lake right from your patio and primary suite. Enjoy the community’s shared amenities, including private lake access, dock, party gazebo, and a small sport court. Inside, the home boasts a solarium, ideal for year-round enjoyment and bringing in natural light. While the property does require some TLC, it presents an incredible opportunity to restore and personalize a truly special home to its full beauty. Conveniently located with easy access to shopping, dining, and major freeways, this property combines privacy, community, and accessibility. Bring your vision and make this hidden gem shine. Property is a short sale and is being sold as-is.
Active
Listed by: Century 21 Blue Chip • Gael Whalen
Price cut: $105K (7/7)
$995,000
7201 Holly Hedge Lane SW #10, Lakewood, WA 98499
3beds
3,288sqft
Single Family Residence, Condominium
Built in 1994
-- sqft lot
$986,600 Zestimate®
$303/sqft
$300/mo HOA
What's special
Private lake accessSmall sport courtParty gazebo
- 69 days |
- 480 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Gael Whalen,
Century 21 Blue Chip
Source: NWMLS as distributed by MLS GRID,MLS#: 2540576
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- Main level bathrooms: 3
- Main level bedrooms: 3
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom three quarter
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Bonus room
- Level: Second
Dining room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Natural Gas
Cooling
- Forced Air
Appliances
- Included: Dishwasher, Disposal, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Garbage Disposal, Refrigerator(s), Washer(s)
Features
- Flooring: Hardwood, Stone, Carpet
- Windows: Skylight(s), Coverings: No
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 3,288
- Total interior livable area: 3,288 sqft
Property
Parking
- Total spaces: 2
- Parking features: Individual Garage
- Has garage: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Fireplace, Ground Floor, Primary Bathroom, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s)
- Has view: Yes
- View description: Lake, Partial
- Has water view: Yes
- Water view: Lake
Lot
- Features: Paved
Details
- Parcel number: 9000830100
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Spanish,Condo (1 Level)
- Property subtype: Single Family Residence, Condominium
Materials
- Stucco
- Roof: Tile
Condition
- Year built: 1994
- Major remodel year: 1994
Community & HOA
Community
- Features: Athletic Court, Boat House, Clubhouse, Dock, Gated
- Security: Security Service
- Subdivision: Lake Steilacoom
HOA
- Services included: Security
- HOA fee: $900 quarterly
- HOA phone: 425-765-0277
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $303/sqft
- Tax assessed value: $1,183,300
- Annual tax amount: $12,480
- Date on market: 5/31/2026
- Cumulative days on market: 85 days
- Inclusions: Dishwasher(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$986,600
$937,000 - $1.04M
$3,187/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Price change | $995,000-9.5%$303/sqft |
Source:  NWMLS as distributed by MLS GRID #2540576 Report a problem | ||
| 6/15/2026 | Listed for sale | $1,100,000+99.1%$335/sqft |
Source: NWMLS as distributed by MLS GRID #2540576 Report a problem | ||
| 11/15/1999 | Sold | $552,614+24.5%$168/sqft |
Source: Public Record Report a problem | ||
| 11/17/1997 | Sold | $443,836$135/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,856 +54.5% | $1,183,300 +0.1% |
| 2024 | $12,203 +3.1% | $1,182,000 +8.9% |
| 2023 | $11,831 -0.1% | $1,085,600 -4.4% |
| 2022 | $11,844 +5.5% | $1,135,200 +19.5% |
| 2021 | $11,226 +28.2% | $950,300 +26.5% |
| 2019 | $8,759 -10.6% | $751,300 +4.1% |
| 2018 | $9,801 +2.1% | $721,600 +10.8% |
| 2017 | $9,600 +20.5% | $651,200 +19.6% |
| 2016 | $7,968 | $544,700 +9.3% |
| 2014 | $7,968 +15.4% | $498,200 +9.7% |
| 2013 | $6,903 | $454,100 +3.3% |
| 2012 | -- | $439,700 -11.1% |
| 2011 | -- | $494,400 +1.2% |
| 2010 | -- | $488,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Park Lodge
Nearby schools
GreatSchools rating
- 4/10Park Lodge Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 2/10Hudtloff Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Clover Park High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Park Lodge Elem
- Middle: Hudtloff Mid
- 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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A local agent can set up tours, give advice and negotiate with sellers.
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