7201 Holly Hedge SW #8, Lakewood, WA, 98499
About This Home
Tucked inside Holly Hedge — one of Lakewood's most private gated communities — this single-story home offers a rare find: private access to Lake Steilacoom. With just a handful of homes in the community, residents share a private dock, gazebo, boat storage, and a covered party cabana with fireplace — the ease of waterfront living, without the upkeep. Inside, 2,500+ sq ft flows effortlessly with a main floor primary suite, two additional bedrooms down, an oversized kitchen with island, an extra-large walk-in pantry, a wet bar, and an office. Upstairs, a spacious 4th bedroom with an oversized walk-in closet doubles as a bonus flex space — ideal for a media room, guest suite, or home gym. Thoughtful custom built-ins throughout and a natural gas line to the deck for grilling and the outdoor fireplace add everyday ease, while a gardener-designed, totally private backyard and patio create the perfect space for entertaining or quiet garden time. 4 beds, 3.25 baths, 3 car garage, gated community, private lake access — the kind of address and amenities that rarely come available. This is Lakewood living at its finest.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1997
Materials
- Roof: Tile
- Construction materials: Stucco
Notable Dates
- Major remodel year: 2003
Type & Style
- Home type: SingleFamily
- Architectural style: Condo (2 Levels)
- Property subType: Single Family Residence,Condominium
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s)
Bathroom Full
- Level: Main
Bathroom Full
- Level: Main
Bathroom Three Quarter
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Den Office
- Level: Main
Dining Room
- Level: Main
Entry Hall
- Level: Main
Features
- Flooring: Ceramic Tile,Hardwood,Vinyl
- Number of fireplaces: 1
- Fireplace features: Gas,Main Level: 1,Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace,Forced Air,Natural Gas
- Cooling features: Forced Air
Interior Area
- Total structure area: 2,578
- Total interior livable area: 2,578 sqft
Kitchen With Eating Space
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Main
Other
- Level: Main
Utility Room
- Level: Main
Utility Room
- Level: Main
Property
Details
- Parcel number: 9000830080
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Fireplace,Sprinkler System,Vaulted Ceiling(s)
- On waterfront: Yes
- Waterfront features: Lake
Lot
- Lot size: 9,056 sqft
- Features: Curbs,Paved
Parking
- Total spaces: 3
- Parking features: Individual Garage
- Has garage: Yes
- Covered spaces: 3
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Pierce County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,182 | $62,184 |
| Home Insurance * | $287 | $3,444 |
| Property Taxes | $881 | $10,572 |
| Electricity | $176 | $2,116 |
| Total | $6,526 | $78,312 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-13 | Price change | $1,025,000 |
| 2026-06-25 | Listed for sale | $1,099,000 |
| 2006-04-28 | Sold | $497,025 |
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