8865 Gramercy Place SW, Lakewood, WA 98498

• 5 beds |
• 5 baths |
• 6,231 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

May 20, 2026 at 9:20PM

Listing Office:

eXp Realty : 888-317-5197

Listing Agent:

Kimberly Fraser : 888-317-5197

MLS ID:

2509235

Interior

• General: Bath Off PrimaryBuilt-In VacuumDbl Pane/Storm WindowDining RoomFireplacePantrySecurity SystemWalk-In Closet(s)
• Appliances: DishwasherDisposalDouble OvenRefrigeratorStove(s)/Range(s)
• Basement: Finished
• Flooring: VinylCarpet
• A/C: None
• Heating: Heat Pump
• Fireplace: FireplaceFireplaces: 3

Exterior

• General: Brick
• Parking: Attached GarageRV ParkingParking spaces: 6

Construction

• Roofing: Tile
• General: OnePoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Clover Park
• County: Pierce

Lot

• Topography: Level
• Zoning: 0220343022
• View: LakeMountainsView
• Waterfront: 160

Utilities

• Water: Public
• Sewer: Sewer Connected

Financial

• Source: nwmls