Property Details
11623 Madera Gardens Drive SW
Lakewood, WA 98499
$600,000
Active
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About This Home
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.
Property Details
Property Information
Property Type
Land
Subtype
Land
Status
Active
County
Pierce
Neighborhood
Gravelly Lake
Listed
Jun 4, 2026
Original Price
$625,000
Parcel Number
5403500020
Tax & HOA
Annual Property Tax
$5,539 (2026)
Est. Monthly Tax
$462/mo
HOA Fee
$700/quarterly
HOA Includes
Common Area Maintenance, Road Maintenance
Interior Features
Bathrooms
0.0
Exterior & Lot
Lot Size
0.43 sqft
Sewer
Available
Water Source
Available
Utilities
Electricity Available, Natural Gas Available
Lot Features
Cul-De-Sac, Paved
Community & Access
Community Features
CCRs, Gated
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
Location
City
Lakewood
County
Pierce
Coordinates
47.15139, -122.52755
Schools
School District
Lakewood
HOA / Association
HOA Fee
$700 / Quarterly
HOA Includes
Common Area Maintenance, Road Maintenance
Additional Information
Tax Year
2026
Annual Taxes
$5,539
Possession
Array
Community Features
CCRs, Gated
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Based on information submitted to the MLS GRID as of August 5, 2026 7:00 PM. 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, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
