Sold972d on market
12785 Gravelly Lake Drive SW
Lakewood, WA, 98499 • Tyee Park • Pierce County
$2,165,000
$229/sqft
5Beds
8Baths
9,468Sqft
1.1 acLot
1955Built
Property DNA
Waterfront Property
Bulkhead, Lake, No Bank
Lake Views
Lake
Modern Style
Built 1955 · 71 years of history
Gravelly Lake
Tyee Park
Outdoor Living
Ceramic Tile · Concrete · Hardwood · Laminate · Wall to Wall Carpet · Second Kitchen · Second Primary Bedroom · Bath Off Primary · Built-In Vacuum · Double Pane/Storm Window · Dining Room · Fireplace (Primary Bedroom) · French Doors · Hot Tub/Spa · Jetted Tub · Skylight(s) · Solarium/Atrium · Sprinkler System · Vaulted Ceiling(s) · Walk-In Closet(s) · Walk-In Pantry · Wet Bar · Indoor Pool · Fireplace · Water Heater
5 Fireplaces
Gas · Lower Level: 2 · Main Level: 3 · Fireplace
4-Car Garage
Driveway · Detached Garage · Off Street
Ceramic Tile & Hardwood Floors
Quality flooring throughout
Market activity
Demand and pricing signals for this listing
16 views
People checking out this listing
972 days on market
Established listing
$229/sqft
Price per square foot
About this home
Single Family · Built 1955
NEW Terms: Owner Finance w/ Assumable VA 2.375% for VA buyer; Limitless opportunities on this sprawling waterfront estate; Entertaining on the multiple view decks & lovely new dock for boating & fishing enthusiasts, this home does NOT Disappoint. Boasting one level living main suite, updated master bath, expansive WIC, and space for relaxing with a good book or exercising in the atrium; complete with indoor swim spa, hot tub & gym bathed in light. Updated kitchen, living and dining are situated for optimal lake views and natural sunlight. Extending out from the butlers pantry a lovely private suite with separate entrance leading to a detached four car garage, 1 acre of Manicured Landscape, Fruit Trees, that create private natural ambiance.
Standout features identified
Our analysis highlights hot tub, updated kitchen, and multiple view decks as key attractions of this home.
Estimated monthly payment
Based on current rates
$13,481/month
Principal & Interest$10,594
Property Tax$2,165
Insurance$722
Down payment20% ($433,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,732,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1955
HeatingFireplace, Forced Air, Hot Water Recirc Pump, Electric, Natural Gas
Parking4 Garage spaces
Lot1.11 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleModern
ConditionGood
Year built1955
Stories1
Systems
HeatingFireplace, Forced Air, Hot Water Recirc Pump, Electric, Natural Gas
RoofComposition
ConstructionBrick, Cement/Concrete, Stucco
Water / SewerPublic, Company: Lakewood / Sewer Connected, Company: Lakewood
Parking & Outdoor
ParkingDriveway, Detached Garage, Off Street
Garage4 spaces
BasementFinished
Fireplaces5
Lot1.11 Acres
Location & Tax
NeighborhoodTyee Park
Annual tax$22,335
Parcel5315000030
Bathrooms & Fees
Full baths2
Features & details
13 categories of property features
Interior Features
Interior
Bath Off Primary
Central Vacuum
Dining Room
Appliances
Dishwasher_
Double Oven
Dryer
GarbageDisposal_
Microwave_
Refrigerator_
StoveRange_
Washer
Dishwasher
Garbage Disposal
Microwave
Refrigerator
StoveRange
Water Heater: Hot Water Recirc Pump
Water Heater Location: Basement
Flooring
Ceramic Tile
Concrete
Hardwood
Laminate
Carpet
Heating
Fireplace
Forced Air
Hot Water Recirc Pump
Electric
Natural Gas
Fireplace
Gas
Lower Level: 2
Main Level: 3
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Driveway
Detached Garage
Off Street
Construction
Brick
Cement/Concrete
Stucco
Patio & Porch
Ceramic Tile
Concrete
Hardwood
Laminate
Wall to Wall Carpet
Second Kitchen
Second Primary Bedroom
Bath Off Primary
Built-In Vacuum
Double Pane/Storm Window
Dining Room
Fireplace (Primary Bedroom)
French Doors
Hot Tub/Spa
Jetted Tub
Skylight(s)
Solarium/Atrium
Sprinkler System
Vaulted Ceiling(s)
Walk-In Closet(s)
Walk-In Pantry
Wet Bar
Indoor Pool
Fireplace
Water Heater
Lot Features
Curbs
Paved
Sidewalk
Cabana/Gazebo
Cable TV
Deck
Dock
Fenced-Fully
Gas Available
Gated Entry
Moorage
Outbuildings
Shop
Views
Lake
Pool Features
Indoor
Utilities
Xfinity-Comcast
Room details
25 rooms detailed
Master Bedroom
MainBedroom
LowerBedroom
MainBedroom
MainBedroom
MainBathroom Full
MainListing insights
Market data and value estimates
StatusSold
Days on market972
Est. value$2,798,200
Est. rent$5,448/mo
Tax rate0.88%
Price/sqft$229
On marketJan 28, 2023
PostedMar 16, 2023
Last sold$2,165,000
MLS statusSold
MLS updatedAug 9, 2023
Tour days6
Views16
How are the schools in Lakewood?
3 schools rated nearby
Location
Lakewood, WA, 98499
Price history
21 events
DateEventPrice$/sqftSource
Aug 8, 2023Sold$2,165,000$229NWMLS as distributed by MLS GRID
Jul 10, 2023Pending Sale$2,165,000$229NWMLS as distributed by MLS GRID
Jun 15, 2023Listed For Sale$2,165,000$229NWMLS as distributed by MLS GRID
Apr 30, 2023Pending Sale$2,165,000$229NWMLS as distributed by MLS GRID
Apr 12, 2023Price Change$2,165,000$229NWMLS as distributed by MLS GRID
Mar 16, 2023Listed For Sale$2,200,000$232NWMLS as distributed by MLS GRID
Dec 16, 2022Pending Sale$2,200,000$232RE/MAX International
Oct 21, 2022Price Change$2,200,000$232RE/MAX International
Oct 12, 2022Price Change$2,290,000$242RE/MAX International
Sep 7, 2022Listed For Sale$2,350,000$248RE/MAX International
Aug 8, 2022Pending Sale$2,350,000$248RE/MAX International
Jul 16, 2022Listed For Sale$2,350,000$248RE/MAX International
Feb 23, 2021Sold$1,680,000$177NWMLS as distributed by MLS GRID
Aug 5, 2020Price Change$1,795,000$190Morrison House Sotheby's Intl
Nov 8, 2019Price Change$1,987,500$210Morrison House Sotheby's International Realty
Sep 20, 2019Price Change$2,095,000$221Faira.com, LLC
Jan 19, 2019Listed For Sale$2,227,634$235Faira.com LLC
Nov 1, 2011Sold$1,350,000$143NWMLS as distributed by MLS GRID
Oct 18, 2011Pending Sale$1,495,000$158John L Scott Real Estate
Sep 17, 2011Listed For Sale$1,495,000$158John L Scott Real Estate
May 10, 2001Sold$1,175,000$124Public Record
Sold$2,165,000
Aug 8, 2023•$229/sqft•NWMLS as distributed by MLS GRID
Pending Sale$2,165,000
Jul 10, 2023•$229/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$2,165,000
Jun 15, 2023•$229/sqft•NWMLS as distributed by MLS GRID
Pending Sale$2,165,000
Apr 30, 2023•$229/sqft•NWMLS as distributed by MLS GRID
Price Change$2,165,000
Apr 12, 2023•$229/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$2,200,000
Mar 16, 2023•$232/sqft•NWMLS as distributed by MLS GRID
Pending Sale$2,200,000
Dec 16, 2022•$232/sqft•RE/MAX International
Price Change$2,200,000
Oct 21, 2022•$232/sqft•RE/MAX International
Price Change$2,290,000
Oct 12, 2022•$242/sqft•RE/MAX International
Listed For Sale$2,350,000
Sep 7, 2022•$248/sqft•RE/MAX International
Pending Sale$2,350,000
Aug 8, 2022•$248/sqft•RE/MAX International
Listed For Sale$2,350,000
Jul 16, 2022•$248/sqft•RE/MAX International
Sold$1,680,000
Feb 23, 2021•$177/sqft•NWMLS as distributed by MLS GRID
Price Change$1,795,000
Aug 5, 2020•$190/sqft•Morrison House Sotheby's Intl
Price Change$1,987,500
Nov 8, 2019•$210/sqft•Morrison House Sotheby's International Realty
Price Change$2,095,000
Sep 20, 2019•$221/sqft•Faira.com, LLC
Listed For Sale$2,227,634
Jan 19, 2019•$235/sqft•Faira.com LLC
Sold$1,350,000
Nov 1, 2011•$143/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,495,000
Oct 18, 2011•$158/sqft•John L Scott Real Estate
Listed For Sale$1,495,000
Sep 17, 2011•$158/sqft•John L Scott Real Estate
Sold$1,175,000
May 10, 2001•$124/sqft•Public Record
Tax history
18 years of records
YearTax paidAssessed value
Apr 7, 2024$25,370$2,485,300
Apr 7, 2023$24,923$2,338,100
Apr 7, 2022$22,336$2,184,200
Apr 7, 2021$21,127$1,826,700
Apr 7, 2019$19,385$1,901,900
Apr 7, 2018$24,449$1,646,100
Apr 7, 2017$21,555$1,670,200
Apr 7, 2016$21,995$1,392,100
Apr 7, 2014$21,995$1,403,100
Apr 7, 2013$18,646$1,359,600
Apr 7, 2012—$1,199,500
Apr 7, 2011—$1,288,300
Apr 7, 2010—$1,464,900
Apr 7, 2009—$1,552,500
Apr 7, 2008$20,247$1,640,600
Apr 7, 2007$20,247$1,697,300
Apr 7, 2002$15,016$1,027,600
Apr 7, 2001$12,790$1,027,600
Nearby homes
Neighborhood details
Local context around this listing
Lakewood, WA • Pierce County
Nearby neighborhoods
Carter LakeCusterDowerIdlewildLake LouiseLakeviewOakbrookOakwoodPark LodgeTyee Park
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
98438984399849398496984979849898499
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Based on information submitted to the MLS GRID as of 2026-04-07 09:48:45 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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