Tucked inside Holly Hedge — one of Lakewood's most private gated communities — this single-story home offers a rare find: private access to Lake Steilacoom. With just a handful of homes in the community, residents share a private dock, gazebo, boat storage, and a covered party cabana with fireplace — the ease of waterfront living, without the upkeep. Inside, 2,500+ sq ft flows effortlessly with a main floor primary suite, two additional bedrooms down, an oversized kitchen with island, an extra-large walk-in pantry, a wet bar, and an office. Upstairs, a spacious 4th bedroom with an oversized walk-in closet doubles as a bonus flex space — ideal for a media room, guest suite, or home gym. Thoughtful custom built-ins throughout and a natural gas line to the deck for grilling and the outdoor fireplace add everyday ease, while a gardener-designed, totally private backyard and patio create the perfect space for entertaining or quiet garden time. 4 beds, 3.25 baths, 3 car garage, gated community, private lake access — the kind of address and amenities that rarely come available. This is Lakewood living at its finest.
Active
Listed by: Morrison House Sotheby's Intl • Chelsea Kelley
Price cut: $74K (7/13)
$1,025,000
7201 Holly Hedge SW #8, Lakewood, WA 98499
4beds
2,578sqft
Single Family Residence, Condominium
Built in 1997
9,056 Square Feet Lot
$1,015,500 Zestimate®
$398/sqft
$300/mo HOA
What's special
- 49 days |
- 493 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Chelsea Kelley,
Morrison House Sotheby's Intl
Source: NWMLS as distributed by MLS GRID,MLS#: 2546485
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Second
Other
- Level: Main
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Natural Gas
Cooling
- Forced Air
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
- Flooring: Ceramic Tile, Hardwood, Vinyl
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,578
- Total interior livable area: 2,578 sqft
Property
Parking
- Total spaces: 3
- Parking features: Individual Garage
- Has garage: Yes
- Covered spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Fireplace, Sprinkler System, Vaulted Ceiling(s)
- On waterfront: Yes
- Waterfront features: Lake
Lot
- Size: 9,056 Square Feet
- Features: Curbs, Paved
Details
- Parcel number: 9000830080
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Condo (2 Levels)
- Property subtype: Single Family Residence, Condominium
Materials
- Stucco
- Roof: Tile
Condition
- Year built: 1997
- Major remodel year: 2003
Utilities & green energy
- Electric: Company: PSE
- Water: Company: Lakewood Water District
Community & HOA
Community
- Features: Dock
- Security: Security Service
- Subdivision: Lakewood
HOA
- Services included: Common Area Maintenance, Security
- HOA fee: $900 quarterly
- HOA phone: 253-405-5646
Location
- Region: Lakewood
Financial & listing details
- Price per square foot: $398/sqft
- Tax assessed value: $926,500
- Annual tax amount: $9,996
- Date on market: 6/24/2026
- Cumulative days on market: 52 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$1,015,500
$965,000 - $1.07M
$3,415/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Price change | $1,025,000-6.7%$398/sqft |
Source:  NWMLS as distributed by MLS GRID #2546485 Report a problem | ||
| 6/25/2026 | Listed for sale | $1,099,000+121.1%$426/sqft |
Source: NWMLS as distributed by MLS GRID #2536787 Report a problem | ||
| 4/28/2006 | Sold | $497,025$193/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,695 +2.5% | $926,500 +7.8% |
| 2023 | $9,457 -0.5% | $859,200 -4.8% |
| 2022 | $9,507 +6% | $902,500 +20.1% |
| 2021 | $8,967 +28.8% | $751,300 +26.7% |
| 2019 | $6,962 -8.7% | $592,800 +4.8% |
| 2018 | $7,627 +2.3% | $565,900 +13% |
| 2017 | $7,453 +21.1% | $500,600 +19.9% |
| 2016 | $6,156 | $417,600 +9.6% |
| 2014 | $6,156 +16.7% | $381,000 +11.3% |
| 2013 | $5,276 | $342,400 +2.7% |
| 2012 | -- | $333,400 -12.7% |
| 2011 | -- | $381,800 +1.1% |
| 2010 | -- | $377,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Park Lodge
Nearby schools
GreatSchools rating
- 4/10Park Lodge Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 2/10Hudtloff Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Clover Park High SchoolGrades: 9-12Distance: 1 mi
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