Listing provided courtesy of COMPASSNWMLSMLS# NWM2532737MLS Provider
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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.

Source: NWMLS, MLS#: NWM2532737

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  • Property Type
    Land
  • Lot
    0.43 acres

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  • Median Age
    33
  • Population Density
    3,254
  • College Educated
    30%
  • Estimated Median Income
    $50,037
  • Estimated Total Home Owners
    4,435
  • Estimated Total Renters
    8,688
  • Owner / Renter Divide
    34% / 66%
  • Estimated Average Household Size
    2
  • Total Population
    32,174
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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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.

Life at 11623 Madera Gardens Drive SW


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/4/2026Source: NWMLS Added to Database
June 04, 2026
12/10/2024Source: NWMLS Status Change
Sold
11/30/2024Source: NWMLS Status Change
Pending
11/20/2024Source: NWMLS Status Change
Pending Feasibility
10/28/2024Source: NWMLS Added to Database
October 28, 2024