This home's estimate is 15.9% lower than the average sale price ($991K) of 6 comparable homes.
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11312 Tower Rd SW, Lakewood, WA 98498
About this home
This is a one-of-a-kind opportunity to own a beautiful property in Lakewood that is secluded behind a barrier of trees while also being conveniently located for easy access to all of Lakewood's amenities. This 4 bed, 3 bath, 3,424 sqft home is at the focal point of Steilacoom, Gravelly, and American Lakes. The interior features a wealth of light fixtures, large bay windows, modern black slate appliances, built-in cabinetry, multiple fireplaces, a wet-bar downstairs a workout room and a sauna! The exterior features a long driveway with plenty of space for vehicles, boat, and/or RV, tasteful and landscaping, and all the privacy you could ever need. Only minutes from shopping, entertainment, JBLM, and I-5.

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Market trends in 98498, WA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
0 days MoM
- OPEN SAT, 11AM TO 2PM$568,0003 beds3 baths2,265 sq ft9810 119th St SW, Lakewood, WA 98498Laura Hinds • KW Lake Washington So
- NEW$599,0003 beds2 baths2,086 sq ft10827 Williams Way SW, Lakewood, WA 98498Erik Tinglum • Skyline Properties, Inc.
- COMING SOON$389,0003 beds1.5 baths1,235 sq ft8914 Hipkins Rd SW, Lakewood, WA 98498Shane Blondin • RE/MAX Northwest
- OPEN SAT, 11AM TO 1PM$420,0003 beds1 bath946 sq ft8105 Fairway Dr SW, Lakewood, WA 98498Trevor Clark • Skyline Properties, Inc.
- 3D WALKTHROUGH$420,0002 beds1 bath756 sq ft9006 Lawndale Ave SW, Lakewood, WA 98498Chris Burdin • Every Door Real Estate
- VIDEO TOUR$484,9503 beds2 baths1,560 sq ft7515 97th Ave SW, Lakewood, WA 98498Jenah Mahan • Gateway Real Estate
- COMING SOON$3,150,0003 beds3.5 baths3,892 sq ft13001 Avenue Dubois SW, Lakewood, WA 98498Trevor Kovich • NWC-KV LLC
- $595,0003 beds2.5 baths1,792 sq ft11013 Lundstrom Dr SW, Lakewood, WA 98498George Atz • Keller Williams Rty Tacoma
See all
Provided by Redfin
Sale history for 11312 Tower Rd SW
$204/sq ft
$204/sq ft
$219/sq ft
$79/sq ft
$81/sq ft
$69/sq ft
$27/sq ft
Tax history for 11312 Tower Rd SW
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking Information
- Covered Spaces: 2
- Parking Features: RV Parking, Driveway, Attached Garage
- Garage Spaces: 2
- Has Attached Garage
- Has Garage
Interior
- Bedroom Information
- # of Bedrooms: 4
- # of Beds Upper: 3
- # of Beds Lower: 1
- Bedrooms Possible: 4
- Bathroom Information
- # of Full Baths (Total): 1
- # of Three Quarter Baths (Total): 2
- # of Half Baths (Total): 1
- # of Full Baths (Upper): 1
- # of Half Baths (Lower): 1
- # of Three Quarter Baths (Upper): 1
- # of Three Quarter Baths (Lower): 1
- Room 1 Information
- Room Type: Entry Hall
- Room Level: Main
- Room 2 Information
- Room Type: Dining Room
- Room Level: Main
- Room 3 Information
- Room Type: Family Room
- Room Level: Lower
- Room 4 Information
- Room Type: Kitchen With Eating Space
- Room Level: Main
- Room 5 Information
- Room Type: Living Room
- Room Level: Main
- Room 6 Information
- Room Type: Utility Room
- Room Level: Main
- Room 7 Information
- Room Type: Kitchen Without Eating Space
- Room Level: Main
- Room 8 Information
- Room Type: Primary Bedroom
- Room Level: Upper
- Room 9 Information
- Room Type: Bedroom
- Room Level: Lower
- Room 10 Information
- Room Type: Bedroom
- Room Level: Upper
- Room 11 Information
- Room Type: Bathroom Full
- Room Level: Upper
- Room 12 Information
- Room Type: Bathroom Three Quarter
- Room Level: Lower
- Room 13 Information
- Room Type: Bathroom Half
- Room Level: Lower
- Room 14 Information
- Room Type: Bedroom
- Room Level: Upper
- Room 15 Information
- Room Type: Bathroom Three Quarter
- Room Level: Upper
- Basement Information
- Basement Features: Daylight, Finished
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 3
- Fireplace Features: Wood Burning
- # of Fireplaces Upper: 1
- # of Fireplaces Main: 1
- # of Fireplaces Lower: 1
- Heating & Cooling
- Has Heating
- Interior Features
- Interior Features: HEPA Air Filtration, Ceramic Tile, Laminate, Laminate Hardwood, Wall to Wall Carpet, Built-In Vacuum, Dining Room, Sauna, Walk-in Closet(s), Walk-In Pantry, Fireplace, Water Heater
- Appliances: Dryer, Washer
- Flooring: Ceramic Tile, Laminate, Vinyl, Carpet
- Appliances Included: Dishwasher,Dryer,Garbage Disposal,Microwave,Refrigerator,StoveRange,Washer
Exterior
- Building Information
- Building Information: Built On Lot
- Roof: Composition
- Exterior Features
- Exterior Features: Wood, Wood Products
- Property Information
- Energy Source: Electric,Natural Gas
- Sq. Ft. Finished: 3,424
- Style Code: 13 - Tri-Level
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Property Condition: Good
- Has View
- Land Information
- Vegetation: Garden Space
- Lot Information
- MLS Lot Size Source: Public Records
- Site Features: Cable TV,Deck,Fenced-Partially,High Speed Internet,Patio,RV Parking
- Zoning Jurisdiction: City
- Lot Features: Paved, Secluded
- Lot Size Units: Square Feet
- Lot Size Acres: 0.7839
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $8,025
- Tax Year: 2020
- Financial Information
- Listing Terms: Cash Out, Conventional, FHA, VA Loan
- Buyer Financing: VA
Utilities
- Utility Information
- Water Source: Public
- Water Company: City of Lakewood
- Power Company: Puget Sound Energy
- Sewer: Sewer Connected
- Sewer Company: Pierce County Sewer
- Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric, Natural Gas Connected
- Water Heater Location: Workout Room
- Water Heater Type: Electric
- Cable Connected: Comcast
- Internet Connected: Comcast
Location
- Multi-Unit Information
- Furnished: Unfurnished
- School Information
- Elementary School: Buyer To Verify
- Middle Or Junior High School: Buyer To Verify
- High School: Buyer To Verify
- High School District: Clover Park
- Location Information
- Directions: From I-5, Gravelly Lk Dr exit, L on Gravelly Lk Dr, L on Tower Rd, house on L down long dr (follow directional signs)
- Topography: PartialSlope
- Community Information
- Senior Exemption: false
Public facts
- Beds: 3
- Baths: 4.0
- Sq. Ft.: 3,466
- Stories: 1.0
- Lot Size: 0.78 acres
- Style: Single Family Residential
- Year Built: 1977
- Year Renovated: 1993
- County: Pierce County
- APN: 4725002648
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- On Market Date: Thursday, September 22, 2022
- Green Information
- Direction Faces: East
- Green Energy Efficient: High Efficiency - 90%+
- Power Production Type: Electric, Natural Gas
- Home Information
- Living Area: 3,424
- Living Area Units: Square Feet
- Calculated Square Footage: 3424
- MLS Square Footage Source: Public Records
- Building Area Total: 3424
- Building Area Units: Square Feet
- Foundation Details: Poured Concrete
- Year Built Effective: 1987
- Effective Year Built Source: Public Records
- Structure Type: House
- Levels: Three Or More
- Entry Location: Main
Around this home
Schools
Public PreK-5 • Assigned • 0.4mi
Public 6-8 • Assigned • 2.1mi
Public 9-12 • Assigned • 1.1mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
6 days above 87° expected this year, 12 days in 30 years
Minimal risk of severe winds over next 30 years
11 unhealthy days expected this year, 12 days in 30 years
Sun exposure
In this area, properties receive around 8.9 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 98498
Home values near 11312 Tower Rd SW
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 2583 Sq. Ft. | $689,833 |
4 Beds | 3 Baths | 2943 Sq. Ft. | $1,029,996 |
| Address | Redfin Estimate |
|---|---|
6 Beds | 4 Baths | 5540 Sq. Ft. | $937,497 |
1 Beds | 1.5 Baths | 3564 Sq. Ft. | $957,056 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 4954 Sq. Ft. | $1,231,644 |
3 Beds | 1 Baths | 756 Sq. Ft. | $406,832 |
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