Lake Steilacoom Homes under $1.25 million

Welcome to Lake Steilacoom, a picturesque neighborhood nestled in the heart of Lakewood, Washington. This charming community is known for its serene lakeside living, where nature meets modern convenience. With the stunning backdrop of the Cascade Mountains and the tranquil waters of Steilacoom Lake, residents enjoy a lifestyle that seamlessly blends outdoor adventure with suburban comfort.

Lake Steilacoom is perfect for families, retirees, and anyone who appreciates a peaceful environment without sacrificing access to urban amenities. The neighborhood boasts a variety of parks, walking trails, and recreational opportunities, making it an ideal spot for outdoor enthusiasts. Enjoy fishing, kayaking, or simply soaking in the sun along the lake's scenic shores. Families will also appreciate the highly-rated schools and a close-knit community vibe that fosters lifelong friendships.

When it comes to housing, Lake Steilacoom offers an impressive selection of homes under $1.25 million. From charming single-family residences to modern townhomes, there’s something for every taste and lifestyle. Many homes feature spacious layouts, updated kitchens, and beautiful yards, perfect for entertaining or enjoying quiet evenings at home.

With its convenient location, residents can easily access shopping, dining, and entertainment options in nearby Lakewood and Tacoma. Commuters will appreciate the proximity to major highways, making travel to Seattle or Olympia a breeze.

Discover the charm of Lake Steilacoom—where your dream home awaits amidst stunning natural beauty and a welcoming community!

Newest Lake Steilacoom Homes under $1.25 million

$635,000

3 Beds ⋅ 3 Baths ⋅ 2564623 MLS ⋅ ACTIVE Status

Experience breathtaking waterfront living at 7310 Steilacoom Blvd SW! This beautifully remodeled two-story unit offers stunning water views from multiple locations throughout the home, with a coveted western-facing orientation capturing spectacular sunsets over the water. The flexible two-floor layout is ideal for multigenerational living, providing space and privacy for everyone. The interior has been freshly painted feeling bright, clean, and move-in ready. Thoughtfully remodeled in 2019 with an updated kitchen, spa like primary bath, flooring and more. Includes a 2-year-old heat pump, and a brand-new roof—with the remaining units in the community currently receiving new roofs as well. Enjoy shared dock access for relaxing by the water and taking in the views. A large 2-car garage provides ample room for vehicles, storage, and recreational gear. Located in an all-ages community, this home is conveniently situated just minutes from JBLM and I-5 access, making commuting a breeze. Plus, water and garbage are included in the lease, adding even more value and convenience. From morning waterfront views to spectacular evening sunsets, this is a rare opportunity to enjoy updated, spacious waterfront living in a prime Lakewood location.

7310 Steilacoom Boulevard SW, Lakewood

Listing Broker: Windermere Prof Partners; Chris Thompson; 253-226-2461; cthompson@windermere.com

$650,000

3 Beds ⋅ 2 Baths ⋅ 2568245 MLS ⋅ ACTIVE Status

This unique property offers plenty of flexibility with a 3-bedroom single-family home, attached garage, and a separate detached garage. Adding even more potential, the property includes a detached studio ADU, perfect for extended living, guests, a home office, or additional rental income. The main home provides comfortable living space with three bedrooms and the convenience of an attached garage, while the studio ADU offers privacy and separation from the primary residence. The additional detached garage provides excellent space for parking, storage, a workshop, or recreational toys. With multiple living and garage spaces, this property is a great opportunity for buyers looking for flexibility, additional income potential, or room for their needs to grow. Brokers, see remarks!

6350 Lake Avenue SW, Lakewood

Listing Broker: Better Properties UP/Fircrest; Nathan Harden; 253-327-3866; HardenRealEstate@outlook.com

$695,000

5 Beds ⋅ 3 Baths ⋅ 2548819 MLS ⋅ ACTIVE Status

Welcome home to this hidden gem in the heart of Lakewood on a spacious ½-acre lot with mature landscaping. This well built and maintained home features 5 bedrooms, 2¾ baths. Stone hearth fireplace warms the dining and living rooms. Kitchen has beautiful granite countertops and double oven. Enjoy natural hardwood floors throughout much of the main level. The lower level includes a cellar room (ideal for wine/storage), large rec room, bedroom, walk-in closet and full bathroom. Bonus: detached studio cottage with kitchen and laundry—perfect for guests, rental income, or multi-generational living. Newer roof adds peace of mind. Just a 5-minute walk to Steilacoom Lake, with shopping and schools nearby. Must see to appreciate the quality craftsmanship of this lovely home.

6353 School Street SW, Lakewood

Listing Broker: Every Door Real Estate; Selma Susan Longacre; 808-281-6806; selmal@everydoorrealestate.com

7201 Holly Hedge Lane SW Unit #10, Lakewood

$995,000

3 Beds ⋅ 3 Baths ⋅ 2540576 MLS ⋅ PENDING SHORT SALE Status

Tucked away in the sought-after gated community of Holly Hedge on Lake Steilacoom, this custom-built home offers a rare opportunity to own in a lovely enclave of just 10 residences. This 3-bedroom, 3-bathroom home features a unique layout filled with architectural character and vast potential. Enjoy views of the lake right from your patio and primary suite. Enjoy the community’s shared amenities, including private lake access, dock, party gazebo, and a small sport court. Inside, the home boasts a solarium, ideal for year-round enjoyment and bringing in natural light. While the property does require some TLC, it presents an incredible opportunity to restore and personalize a truly special home to its full beauty. Conveniently located with easy access to shopping, dining, and major freeways, this property combines privacy, community, and accessibility. Bring your vision and make this hidden gem shine. Property is a short sale and is being sold as-is.

7201 Holly Hedge Lane SW Unit #10, Lakewood

Listing Broker: Century 21 Blue Chip; Gael Whalen; ;

$1,200,000

4 Beds ⋅ 3 Baths ⋅ 2533841 MLS ⋅ ACTIVE Status

Absolutely stunning and impeccably maintained, this well-appointed condo is now available in the highly sought-after Greystone gated community. Built in 2012 with exceptional craftsmanship, the home has been lovingly cared for and shows beautifully throughout. Situated on a desirable corner lot, the property overlooks a charming Territory Creek–side setting, offering peaceful views, natural sounds, and visits from local wildlife. Enjoy your morning coffee in complete serenity. Inside, the main-level living is both spacious and thoughtfully designed. The primary bedroom on the main floor features a well-appointed bathroom, adding comfort and value. The open-style floor plan provides effortless flow while still offering separation when desired. A versatile office/family/theater room on the main level includes the quality finishes one would expect in a home of this caliber. Upstairs, you’ll find two additional bedrooms, a full bathroom, and a creatively repurposed closet that has been transformed into a tasteful wine cellar. All of this is nestled within the Greystone community—known for its privacy, beauty, and convenience. Close to highways, shopping, sidewalks for morning workouts, Tacoma Country & Golf Club, and more. This is truly a must-see property that offers comfort, elegance, and an exceptional lifestyle.

11226 Greystone Drive SW, Lakewood

Listing Broker: Windermere Prof Partners; Jamie Michaud; 253-686-0806; jamiemichaud@windermere.com

$995,000

3 Beds ⋅ 3 Baths ⋅ 2530020 MLS ⋅ PENDING SHORT SALE Status

7201 Holly Hedge Lane SW Unit #10, Lakewood

Listing Broker: Century 21 Blue Chip; Gael Whalen; ;

7326 Steilacoom Boulevard SW Unit #D3, Lakewood

$390,000

4 Beds ⋅ 4 Baths ⋅ 2478701 MLS ⋅ ACTIVE Status

INVESTOR ALERT! Approved short sale price of $390,000! Investor and value-add opportunity with Lake Steilacoom views, a desirable location, and excellent potential. This end-unit, townhouse-style condo offers 4 bedrooms, 3.5 baths, a 2-car garage, and a versatile multi-level floor plan.High ceilings, abundant natural light, and a desirable layout provide a great foundation for cosmetic improvements. New carpet, paint, and updating could significantly enhance the property and build equity. The primary suite features lake views, an en suite bath with jetted tub and separate shower, plus a spacious walk-in closet. The living room offers vaulted ceilings, fireplace, and access to a view deck.The lower level includes a bonus room, fourth bedroom, and full bath, providing additional flexibility for guests, multi-generational living, or office space. HOA dues cover common-area maintenance, garbage, lawn service, and water. Community amenities include landscaped grounds, a walking path to Lake Steilacoom, and shared dock. Convenient to shopping, dining, parks, JBLM, and Madigan Army Medical Center. Bring your vision and capitalize on the location, lake views, and value-add potential!

7326 Steilacoom Boulevard SW Unit #D3, Lakewood

Listing Broker: eXp Realty; Ken Crotts; 425-432-8600; Ken@KenCrotts.com

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