Listing provided courtesy of RE/MAX ExclusiveNWMLSas Distributed by MLSGrid- MLS# NWM2539116MLS Provider

10430 Gravelly Lake Drive SW #40Lakewood, WA 98499

Condo · 3 Beds · 1 Full Bath · 1 Three Quarter Bath · 1,300 Sq. ft. | 0.08 Acres
$339,000 Active

10430 Gravelly Lake Drive SW #40 Overview

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Hurry! A rare opportunity to own a spacious 1,300 sq. ft., 3-bedroom condominium with creek views for under $350,000! Enjoy the bright sunroom that opens to your private deck, where you can unwind and take in the tranquility of nature. Enjoy the forest views, and relax on the porch surrounded by mature trees. Yes, the complex is located on Gravelly Lake Drive, directly across from Lakewood Towne Center, but this unit is tucked away in the back of the community and faces a peaceful, forest-like setting. Arguably the best end unit in the building, this ground-floor home offers the convenience of zero stairs. Located in the heart of Lakewood, you'll be within walking distance of shopping, the library, public transportation, and everyday conveniences. Easy access to JBLM, and VA financing is welcome. The kitchen and bathrooms were beautifully updated in 2024 with quartz countertops and stylish fixtures. HOA dues include water, garbage, exterior maintenance, common area maintenance, a seasonal outdoor swimming pool, a clubhouse, a carport, and a separate storage room. There is a special assessment of approximately $12,000 for a new roof, which will be paid in full by the seller at closing. A pre-listing home inspection has been completed, and the report is available upon request. HOA documents and the resale certificate have already been ordered.

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10430 Gravelly Lake Drive SW #40 Facts & Features

  • Type Condo
  • Sq. ft. 1,300
  • Price/Sq.ft. $261
  • Lot 0.08 Acres

Details

General

Association/HOA

  • Association Fee: $502.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Lawn Service, Road Maintenance, Snow Removal, Trash, Water

School Information

  • School District: Clover Park
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Green Features

  • Green Energy Efficient: Insulated Windows

Building Information

  • Building Name: Le Ponce De Leon Condo
  • New Construction: No
  • Year Built: 1966

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 39 - Lakewood
  • Subdivision Name: Lakewood

Community/Development

  • Common Property Features: Clubhouse,Game/Rec Rm,Garden Space,Laundry Room,Outside Entry,Pool-Outdoor,See Remarks
  • Community Features: Club House, Game/Rec Rm, Garden Space, Laundry Room, Outside Entry, Pool, See Remarks
  • Number Of Units In Community: 20

Tax Information

  • Tax Annual Amount: $1,028.00
  • Tax Year: 2026

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Cash, Conventional, See Remarks, VA Loan
  • Parcel Number: 5231000070
  • Pets Allowed: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 3
  • Bedrooms Lower: 0
  • Bedrooms Upper: 0

Building Interior

  • Appliance Hookups: Cooking-Electric,Dryer-Electric,Washer
  • Appliances Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 1300
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1300
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Unit Features: Balcony/Deck/Patio,End Unit,Ground Floor,Insulated Windows

General Information

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Cooling: No
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Heating: Yes
  • Interior Features: Cooking-Electric, Dryer-Electric, End Unit, Fireplace, Ground Floor, Insulated Windows, Washer
  • Laundry Features: Electric Dryer Hookup,Washer Hookup
  • Levels: Two
  • Living Area: 0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Power Production Type: Electric
  • Stories Total: 2

Unit Information

  • Unit Number: 40

Exterior

Parking Information

  • Parking Features: Carport
  • Parking Total: 1

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Corner Lot, Dead End Street, Paved, Secluded, Sidewalk
  • Lot Size Square Feet: 3500
  • Lot Size Units: Square Feet
  • Elevation Units: Feet

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Roof: Flat
  • Structure Type: Condominium

General Information

  • Carport: Yes
  • Covered Spaces: 1
  • Exterior Features: Wood

Room Information

Room: Bathroom Full

  • Level: Main

Room: Bathroom Three Quarter

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Dining Room

  • Level: Main

Room: Entry Hall

  • Level: Main

Room: Kitchen Without Eating Space

  • Level: Main

Room: Living Room

  • Level: Main

Room: Primary Bedroom

  • Level: Main

Room: Utility Room

  • Level: Main

10430 Gravelly Lake Drive SW #40 Neighborhood

Community

98499 (Lakewood) Demographics

33
Median Age
3,254
Population Density (per sq. mile)
30%
College Educated
$50,037
Estimated Median Income
4,435
Estimated Total Home Owners
8,688
Estimated Total Renters
34% / 66%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

10430 Gravelly Lake Drive SW #40 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

10430 Gravelly Lake Drive SW #40 Market Data

Based on the last 30 days in this zip code

$633,602
Average List Price
$301
Average Price per Square Foot
17
Properties Sold
72
Average Days on Market
104
Properties for Sale
Calculations provided by Reliance Network

10430 Gravelly Lake Drive SW #40 History

Date Event Value Agent
6/12/2026Source: NWMLS Added to Database
June 12, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021