8865 Gramercy SW Lakewood, WA $ 2,500,000
8865 Gramercy SW
$ 2,500,000
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8865 Gramercy SW

Lakewood, WA, 98498
$ 2,500,000
Bedrooms5 Baths4.1 Sq 6,231

Monthly Estimate*

$ 15,393

Listed by eXp Realty
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Single Family Home for sale in Lakewood, WA

for $2,500,000 with 5 bedrooms and 4 full baths, 1 half bath. This 6,231 square foot home was built in 1975 on a lot size of 0.6244.

Set along 160 feet of coveted no-bank shoreline, this exceptional Lake Steilacoom estate presents a rare opportunity to own a true legacy waterfront property. Perfectly positioned on a sprawling .62-acre lot, the home captures uninterrupted open-water views through a dramatic wall of floor-to-ceiling windows that frame the lake from nearly every primary living space.Designed for both grand-scale entertaining & comfortable everyday living, the residence offers 5 bedrooms, 4.5 baths, a private den, & a highly desirable main-level primary suite. A secondary primary suite with its own en-suite bath provides ideal flexibility for multi-generational living or extended guest accommodations. Expansive living areas are complemented by soaring vaulted ceilings in the formal living room, while three fireplaces add warmth & architectural presence throughout.Outdoor living is truly extraordinary, with a wraparound deck & expansive patios designed to host unforgettable gatherings, all set against the backdrop of shimmering waterfront views. The property continues to impress with a circular drive, abundant parking, & an oversized 1,225 sq ft 6-car attached garage—an uncommon amenity even among premier estates.Completing this offering is a newly installed dock with a covered boat lift, providing effortless access to the lake & enhancing the lifestyle this remarkable property affords. A rare blend of scale, setting, & waterfront presence—opportunities like this are few & far between.

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Single Family Active

Price

$ 2,500,000

Bedrooms

5

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 23,288

Style

1 Story w/Bsmnt.

Lot Size

0.6244

Year Built

1975

Town/City

Lakewood

County/Region

Pierce

MLS | Web ID

2509235

Features
General
Living Area 6231
Sewer Sewer Connected
Heating Heat Pump
Cooling None
Possession Closing
Roof Tile
Appliances Dishwasher Disposal Double Oven Refrigerator Stove(s)/Range(s)
HOA Fee 0
Security Features Partially Fenced Security System
Year Built 1975
View Lake Mountains
Topography Level
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Lake No Bank
County Pierce
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name Lakewood
Facing Direction North
Garage Y/N Y
Full Baths 3
Special Listing Conditions None
Status Active
Directions Steilacoom Blvd to Hipkins South on Hipkins to Nixon East on Nixon Nixon turns into Gramercy.
High School Buyer To Verify
City Lakewood
Entry Location Main
Senior Community Y/N N
High School District Clover Park
MLS Area 39 - Lakewood
Lot Size Units Square Feet
Lot Size Square Feet 27200
Carport Y/N N
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Elementary School Buyer To Verify
Land Lease Y/N N
Tax Annual Amount 23288
Middle/Junior High School Buyer To Verify
Property Condition Very Good
Public Remarks Set along 160 feet of coveted no-bank shoreline this exceptional Lake Steilacoom estate presents a rare opportunity to own a true legacy waterfront property. Perfectly positioned on a sprawling .62-a
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Lakewood
Property Style 16 - 1 Story w/Bsmnt.
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Interior
Interior Amenities Bath Off Primary Built-In Vacuum Dbl Pane/Storm Window Dining Room Fireplace Pantry Security System Walk-In Closet(s)
Basement Finished
Flooring Vinyl Carpet
Total Fireplaces 3
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
3/4 Baths 1
Total Bedrooms 5
Main Level Bedrooms 2
Total Baths 5
Fireplaces Main 2
Fireplaces Lower 1
Power Production Type Electric Natural Gas
Baths Three Quarter Garage 0
Baths Three Quarter Lower 1
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 3
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 1
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 2
Baths Full Lower 1
Baths Full Garage 0
Bathrooms 4.25
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Exterior
Exterior Amenities Brick
Vegetation Fruit Trees Garden Space
Parking Features Attached Garage RV Parking
Lot Features Paved
Water Source Public
Total Parking 6
Inclusions Dishwasher(s) Double Oven Garbage Disposal Refrigerator(s) Stove(s)/Range(s)
Foundation Details Poured Concrete
Building Area Total 6231
Lot Size Acres 0.6244
Waterfront Y/N Y
Covered Spaces 6
Irrigation Water Rights Y/N N
Waterfront Footage 160
Site Features Cable TV Deck Dock Fenced-Partially Gas Available High Speed Internet Outbuildings Patio RV Parking Sprinkler System
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Internal Only
OriginalMLSID NWM2509235
Street Number 1 8865
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* Excluded Features
List By
Kimberly Fraser

Listing Agent

Exp Realty

Broker

Affordability Calculator

$17,334
Per Month
89%
11%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
$1,941
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100418 Elementary School
3100627 Middle School
Buyer To Verify High School High School
Pricing History
DatePricePrice ChangeDescription
4/18/2026$2,500,000 Listed Price

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8865 Gramercy SW, Lakewood, WA, 98498 is a Single Family Home for sale at $2,500,000 with 6,231 sqft and a lot size of 0.6244. 8865 Gramercy SW has 5 bedrooms, 4.1 baths, and was built in 1975. The property's zip code is 98498 which is in Lakewood, WA