11623 Madera Gardens Dr SW Lakewood, WA 98499
South Lakes NeighborhoodEstimated payment $4,084/month
Highlights
- 103 Feet of Waterfront
- Lake View
- Level Lot
- Gated Community
- Cul-De-Sac
About This Lot
Experience unparalleled elegance with this 103' south-facing modern waterfront property on Gravelly Lake in Lakewood, WA. A generous 18,916SF vacant lot offers stunning lake views. Discover the potential of this spacious 4,479 SF new home design, featuring 6 bedrooms and 4.5 baths, you can easily envision and customize your dream home. Designed for seamless living, enhancing convenience and comfort. Residents can relax and unwind in beautifully maintained common gardens and outdoor spaces, perfect for leisure and reflection. This unique property presents an exceptional opportunity to enjoy the tranquility of waterfront living, harmonizing modern luxury with the serene beauty of nature!
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2403964

Property Details
Property Type
- Land
Est. Annual Taxes
- $4,696
Lot Details
- 0.43 Acre Lot
- 103 Feet of Waterfront
- Lake Front
- Cul-De-Sac
- Level Lot
HOA Fees
- $233 Monthly HOA Fees
Property Views
- Lake
- Territorial
Listing and Financial Details
- Tax Lot 2
- Assessor Parcel Number 5403500020
Community Details
Overview
- Association fees include common area maintenance, road maintenance
- Gravelly Lake Subdivision
- The community has rules related to covenants, conditions, and restrictions
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2025 | $4,696 | $559,700 | $559,700 | -- |
2024 | $4,696 | $524,700 | $524,700 | -- |
2023 | $4,696 | $421,600 | $421,600 | $0 |
2022 | $4,698 | $459,500 | $459,500 | $0 |
2021 | $4,687 | $352,000 | $352,000 | $0 |
2019 | $3,305 | $290,900 | $290,900 | $0 |
2018 | $4,255 | $262,900 | $262,900 | $0 |
2017 | $3,513 | $275,000 | $275,000 | $0 |
2016 | $3,903 | $237,400 | $237,400 | $0 |
2014 | $3,333 | $237,400 | $237,400 | $0 |
2013 | $3,333 | $237,400 | $237,400 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/31/2025 07/31/25 | Pending | -- | -- | -- |
07/08/2025 07/08/25 | For Sale | $635,000 | +9.7% | -- |
12/10/2024 12/10/24 | Sold | $579,000 | 0.0% | -- |
11/20/2024 11/20/24 | Pending | -- | -- | -- |
10/28/2024 10/28/24 | For Sale | $579,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $579,000 | Fidelity National Title | |
Warranty Deed | $229,719 | Chicago Title Company | |
Quit Claim Deed | -- | Chicago Title Insurance Co | |
Warranty Deed | $400,000 | Trans | |
Warranty Deed | -- | Commonwealth Title Company |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $1,125,000 | Construction | |
Previous Owner | $183,000 | Unknown | |
Previous Owner | $280,000 | Purchase Money Mortgage | |
Previous Owner | $263,146 | No Value Available |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2403964

APN: 540350-0020
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