Gravelly Lake Homes under $900,000

Gravelly Lake Homes under $900,000

Welcome to Gravelly Lake, a picturesque subdivision nestled in the heart of Lakewood, Washington. Known for its serene ambiance and stunning natural landscapes, this charming community is a hidden gem in Pierce County, offering residents a unique blend of suburban tranquility and urban convenience.

Gravelly Lake boasts a diverse selection of homes, with many options available under $900,000. Whether you’re a first-time buyer, a growing family, or looking to downsize, you’ll find a variety of styles and layouts to suit your needs. From cozy single-family homes to modern townhouses, each property reflects the warmth and character of this welcoming neighborhood.

One of the highlights of living in Gravelly Lake is the proximity to the beautiful Gravelly Lake itself, where residents can enjoy picturesque views and outdoor activities such as kayaking, fishing, and leisurely strolls along the shoreline. The area is also conveniently located near parks, schools, and shopping centers, making it easy for families to access essential amenities and enjoy a vibrant lifestyle.

The community spirit in Gravelly Lake is palpable, with friendly neighbors and a strong sense of belonging. Local events and gatherings foster connections and create lasting memories, making it an ideal place to call home.

If you’re searching for an affordable yet charming residence in a peaceful environment, Gravelly Lake is the perfect choice. Discover your dream home in this idyllic subdivision and experience the beauty and comfort that this remarkable community has to offer!

Newest Gravelly Lake Homes under $900,000

10430 Gravelly Lake Drive SW Unit #42, Lakewood
$199,900
2 Beds ⋅ 2 Baths ⋅ 2596483 MLS ⋅ LE PONCE DE LEON, A CONDOMINIUM BLDG.
Affordable and Retro Cute with some modernization! this Lakewood Condo cannot be beat! WHY rent when you can own? Payments less than rent for most! VA Approved condominium, PRICED RIGHT! Located in the heart of Lakewood, convenient to everything. Across from Lakewood Towne Center, building sits back off Gravelly Lake Drive, Le Ponce de Leon Condo Unit#42 ready to move in now! 1065 square feet, 2 bedrooms, and 2 separate bathrooms. Living room has a beautiful upgraded cozy fireplace and slider to the private back porch with a storage closet, fenced backyard. Back of living room is a wall of windows that brings in natural light. Efficient kitchen with sufficient cabinets and counter space. Large Primary suite with plenty of closet space, and a 3/4 bath. Condo Complex backs to Ponce de Leon Creek and has a nice relaxing open courtyard, outdoor pool, and clubhouse. Your HOA dues of $502/month include water, garbage, and lawn care. Unit #42 has a designated covered parking spot and additional private storage available in the laundry room (right next to your unit). Complex is VA approved. New roof just completed by HOA. Seller paid off the special assessment for the roof!

10430 Gravelly Lake Drive SW Unit #42, Lakewood
12101 Nyanza Road SW, Lakewood
$775,000
3 Beds ⋅ 2 Baths ⋅ 2591579 MLS
Full remodel completed in 2026, with timeless character and modern convenience! This charming Colonial has undergone an extensive renovation featuring new plumbing, electrical panel & wiring, tankless water heater, Milgard windows, Trex deck, aluminum deck railing, insulation, LVP flooring, plush carpet, interior doors, interior and exterior paint and mini splits. The stunning new kitchen offers soft-close cabinetry, quartz counters, under-cabinet lighting and new appliances. Even the upstairs bath has been elevated with radiant floor heating and a heated towel bar on a timer! The main level lives like a rambler, with a spacious living room featuring a beautiful wood-burning fireplace, dining room, gorgeous kitchen with breakfast nook overlooking the backyard, ¾ bath and bedroom. Upstairs are two additional bedrooms, a full bath and an adorable bonus space off the bedroom with the built-ins, currently used as a delightful playroom. The finished basement offers a versatile bonus room with electric fireplace and provisions for a full kitchen—perfect for guests or multigenerational living, plus a utility room and patio off the slider. Outside, nearly ¾ acre of fully fenced, park-like grounds await, complete with mature landscaping, gazebo, patio, sprinkler system & drive-through gate. Ideally located in the desirable Gravelly Lake area near the Country Club, golf course, lakes, I-5, JBLM, shopping, dining and medical. A beautifully reimagined home that truly must be seen!

12101 Nyanza Road SW, Lakewood
11215 Madera Circle SW, Lakewood
$799,450
4 Beds ⋅ 3 Baths ⋅ 2582156 MLS ⋅ Madera BLDG.
New Price, re-freshed yard and ready to sell in coveted Madera Gated Community, this home has been remodeled to shine. Sitting on a .4 acres this home features 3000+ sq. ft, 4 generous bedrooms with big closets, and 2.5 baths. New kitchen, quartz countertops, flooring, carpet, and paint inside and out. This Victorian home has everything you are looking for. Close to Lake Steilacoom, American Lake, TCGC, I-5, JBLM, Lakewood town center, this location is unmatched. Rest easy knowing all updates have been made while keeping the character of the original design. This home is move in ready and the community will look forward seeing you on your morning walks around the neighborhood.

11215 Madera Circle SW, Lakewood
8811 Wildwood Avenue SW, Lakewood
$499,950
4 Beds ⋅ 2 Baths ⋅ 2548559 MLS
Beautifully remodeled 4-bedroom, 2-bath Lakewood rambler, where modern updates meet the freedom of a generous .28-acre lot. Step inside to a fresh, inviting interior with a stunning remodeled kitchen, updated bathrooms, and a cozy fireplace that feels like home. The easy single-level layout offers flexibility for a home office, guests, hobbies, or whatever life brings next. But the surprises don't stop at the front door! Imagine morning coffee in your spacious enclosed sunroom, summer afternoons enjoying the backyard, and evenings entertaining in your expansive, fully fenced yard. Need room for your RV, toys, or extra vehicles? You've got it, along with an attached garage! Conveniently located near JBLM, shopping, parks, and commuter routes. Four bedrooms, modern updates, exceptional outdoor space, and room to live the way you want. Come experience it for yourself!

8811 Wildwood Avenue SW, Lakewood
6425 Nyanza Park Drive SW, Lakewood
$839,950
6 Beds ⋅ 2 Baths ⋅ 2532876 MLS
Exceptional Adult Family Home investment opportunity! This fully renovated and WABO-certified property is turnkey and ready for operation. Featuring 5 bedrooms, 2 bathrooms, an extra bedroom in the garage.spacious living areas, and tasteful updates throughout, this home combines comfort, functionality, and income potential. The updated kitchen boasts stainless steel appliances and ample space for meal preparation and gathering. Recent improvements include a newer roof, updated windows, and a fully fenced yard with mature fruit trees.Currently configured and approved for Adult Family Home use, this property is ideal for investors, owner-operators, or care providers looking to step into a licensed care facility with room to grow. Conveniently located with easy access to I-5, shopping, medical facilities, schools, and other amenities. Rare opportunity to own a move-in-ready, WABO-certified Adult Family Home in a high-demand market. HOME IS NOT VACANT!!

6425 Nyanza Park Drive SW, Lakewood
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Information courtesy of Intermountain Multiple Listing Service. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non‐commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. All listings provided by IMLS are marked with the official IMLS IDX icon.

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