For sale Condo

Listed Oct 14, 2026

$199,900 Est. $1,322/mo

10430 Gravelly Lake Drive Southwest #42

  • 2

    Beds

  • 2

    Baths

The story

Unit #42 at 10430 Gravelly Lake Drive Southwest is a 2-bedroom, 2-bathroom, two-story condo in Lakewood, WA, built in 1966. It is currently listed at $199,900, with a monthly HOA fee of $502. Highlights include a fireplace.

Affordable and Retro Cute with some modernization! this Lakewood Condo cannot be beat! WHY rent when you can own? Payments less than rent for most! VA Approved condominium, PRICED RIGHT! Located in the heart of Lakewood, convenient to everything. Across from Lakewood Towne Center, building sits back off Gravelly Lake Drive, Le Ponce de Leon Condo Unit#42 ready to move in now! 1065 square feet, 2 bedrooms, and 2 separate bathrooms. Living room has a beautiful upgraded cozy fireplace and slider to the private back porch with a storage closet, fenced backyard. Back of living room is a wall of windows that brings in natural light. Efficient kitchen with sufficient cabinets and counter space. Large Primary suite with plenty of closet space, and a 3/4 bath. Condo Complex backs to Ponce de Leon Creek and has a nice relaxing open courtyard, outdoor pool, and clubhouse. Your HOA dues of $502/month include water, garbage, and lawn care. Unit #42 has a designated covered parking spot and additional private storage available in the laundry room (right next to your unit). Complex is VA approved. New roof just completed by HOA. Seller paid off the special assessment for the roof!

Facts & features

Home type

Condo

Year built

1966

Floors

2

HOA

$502 / monthly

Included features

  • Fireplace

    1 fireplace

  • Heating

    Baseboard, Wall Furnace

  • Appliances

    Microwave, Refrigerator, Stove(s)/Range(s)

  • Flooring

    Laminate, Carpet

  • Roof

    Flat

  • Lot Information

    Dead End Street, Paved, Sidewalk

  • Exterior

    Wood Products

Mortgage calculator

Estimated monthly payment

$1,322 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,064
  • Property tax $200
  • Insurance $58

Includes principal, interest, taxes & insurance.

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Listing Broker

Real Estate Investment Svcs

Broker Name

Real Estate Investment Svcs

Agent

Don Campbell