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Listed by: Chris Murphy (360) 918-6497 , Connie Z Qian (425) 777-5911 | COMPASS (253) 987-1778
$600,000
Monthly Est:$2,986
-- Bed
-- Bath
18,916sqft lot
11623 Madera Gdns Dr SW, Lakewood, WA 98499
$600,000
$2,986/moEst:
Get Pre-Approved
Land
Built in -
$233.33/mo HOA
18,916 sqft lot
$32/sq.ft
Description
A rare opportunity – the last of a few undeveloped waterfront properties on Gravelly Lake. Even rarer still, a south-facing waterfront custom homesite in the coveted Madera Gardens gated neighborhood. Picture your dream home, sitting proudly at elevation looking out over the pristine waters of Gravelly Lake. Offering 103’ of low-bank lakefront and a generous 18,916 square foot lot, create terraced gardens from the elevated home site meandering down to the shoreline. Create a stunning outdoor entertainment area with nearly all-day sun thanks to the southerly perspective. Gravelly Lake is the ideal private water enthusiast’s paradise with limited boat traffic with lake access limited to residents. Enjoy sailing, fishing, kayaking, and watersports. Start your day by waking to the natural, soothing movements of the water & behold an osprey catching a fish. Unwind at the end of the day, admiring the sunset. Tacoma Country & Golf Club is just around the corner for social and golf membership. Enjoy the private formal gardens of the early 1900's Gravelly Lake Estate of Madera.
- Houzeo last checked: 8 hours ago
- Listing updated: September 21, 2026 at 4:31 pm
- Source: Northwest Multiple Listing Service | MLS#: NWM2532737
Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
$233.33/mo
Finished Area
- sqft
Lot Size
18,916 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2532737
MLS Status
Active
Days on Market
119
Cumulative Days on Market
119
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Location
HOA Management
N/A
HOA Fees
$700/ Quarterly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Road Maintenance
Common Area Maintenance
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Interior
Sewer
Available
Utilities & Energy
Utilities
Electricity Available, Natural Gas Available
Security Features
Security Gate
Water Source
Available
Other Features
Lot Features
Cul De Sac, Paved
Subdivision Name
Gravelly Lake
Community Features
Cc Rs, Gated
Price History
| Date | Event | Price |
|---|---|---|
06/05/2026 Source: | Listed for Sale | $600,000 -4.00% $0/sqft |
06/05/2026 Source: | Price Increased | $625,000 +4.17% $0/sqft |
06/05/2026 Source: | Price Increased | $600,000 +3.63% $0/sqft |
12/11/2024 Source: | Price Increased | $579,000 +151.74% $0/sqft |
09/01/2015 Source: | Sold | $230,000 $0/sqft |
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Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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