Lake Steilacoom Homes under $700,000

Welcome to Lake Steilacoom, a picturesque neighborhood nestled in the heart of Lakewood, Washington. Known for its stunning natural beauty and serene atmosphere, Lake Steilacoom offers an ideal blend of suburban comfort and outdoor adventure. Surrounded by lush greenery and the tranquil waters of Lake Steilacoom, this community is perfect for families, retirees, and anyone seeking a peaceful retreat while still enjoying the conveniences of city life.

One of the standout features of Lake Steilacoom is its accessibility to a variety of recreational activities. Residents can enjoy kayaking, fishing, and picnicking along the scenic shores of the lake, or take a leisurely stroll on the nearby walking trails that wind through the area's beautiful parks. The neighborhood is also home to a vibrant community spirit, with local events and gatherings that foster a strong sense of belonging.

For those looking to settle down in this charming enclave, you’ll be pleased to find a selection of homes available for under $700,000. These properties range from cozy single-family homes to more spacious options, all designed to cater to diverse lifestyles and preferences. Many homes boast modern amenities, open floor plans, and inviting outdoor spaces, making it easy to envision your life in this idyllic setting.

With its stunning landscapes, welcoming community, and affordable housing options, Lake Steilacoom is truly a hidden gem in Pierce County. Come explore the possibilities and discover why so many are proud to call this neighborhood home!

Newest Lake Steilacoom Homes under $700,000

$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

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

Start Your Search

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.