11623 Madera Gardens Drive SW, Lakewood, WA 98499

$625,000

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Listing courtesy of COMPASS.

List Price
$625,000
Status
ACTIVE
MLS#
2532737
Days on Market
52
Lot Size (sq ft)
18,916

Property 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.

Additional Information

Community
Gravelly Lake
Style
40 - Res-Less thn 1 Ac
Zoning Jurisdiction
City
Restrictions
CC&R, NO Manufactured Homes
Features
Brush, Partially Cleared
Waterfront
Yes
Waterfront Description
Medium Bank, Lake
View
Lake, See Remarks, Territorial
Sewer
Available
Tax Year
2026
HOA Dues
$700
School District
Lakewood
Potential Terms
Cash
Driving Directions
Take I-5 S exit 124 to Gravelly Lake Dr SW, 1st exit onto Nyanza Rd SW at the traffic circle, left onto Villa Madera DrSW, left onto Madera Gardens Dr SW, site on the right
Based on information submitted to the MLS GRID as of . 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.
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