Property Attributes
- ID#2581121
- TypeSingle Family
- CountyPIERCE
- CityBonney Lake
- AreaLake Tapps-Bonney Lake
- NeighborhoodBonney Lake
- Zip98391
- StyleTraditional
- Year Built1959
- Taxes$ 7817
- Price$ 725,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage1609
- Lot Size2.01 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
4.0% BUYER BROKER COMPENSATION if closed on or before 11/01 **FHA ASSUMABLE LOAN AT 4.25%** A rare opportunity to own 2 usable acres on a private, park-like oasis. APPROVED 6-home short plat already in place, creating immediate flexibility for today & significant development potential for the future! Renovated in 2024, this 3-bedroom rambler offers an open floor plan w/LVP flooring, bay window, wood-burning fireplace & an updated kitchen w/ample bar seating. Primary bath suite features a garden tub framed by bay windows overlooking the backyard. Step outside to an extended patio & sprawling, fully fenced backyard offering exceptional usable open space, accented by established trees for shade & privacy. 2-car garage, RV/Boat parking & extended driveway, just mins from shopping & daily essentials. Beyond the move-in-ready home, the property offers multiple paths forward: enjoy the acreage as-is, explore ADU potential, develop later, or execute the approved 6-home short plat. A comprehensive turn-key development package includes architectural renderings, floor plans, geotech & hydro reports, retaining wall design, surveys, pricing recommendations, financials & estimated build costs. Feasibility work has already been completed, plans are established w/professional builder & construction may potentially begin ~4 months. Broker-projected net project profit: $1,070,462! A compelling property for homeowners, builders & investors alike. Award-winning Sumner-Bonney Lake School District
| Elementary School | Middle School | High School |
|---|---|---|
| Victor Falls Elem | Lakeridge Middle | Bonney Lake High |
| Price History | |
|---|---|
| 9/11/2026 | Listed $725,000 |
General Features
| Living Area | 1609 |
|---|---|
| Sewer | Septic Tank |
| Heating | Baseboard |
| Cooling | None |
| Possession | Closing,Negotiable,See Remarks |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Microwave,Refrigerator,See Remarks,Stove(s)/Range(s),Washer |
| Architectural Style | Traditional |
| Security Features | Fully Fenced |
| Year Built | 1959 |
| View | Mountains,See Remarks,Territorial |
| Topography | Level |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2020 |
| Community Features | Trail(s) |
| Building Name | Star Lane |
| County | Pierce |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | Yes |
| Subdivision Name | Bonney Lake |
| Facing Direction | East |
| Garage Y/N | Yes |
| Full Baths | 1 |
| Special Listing Conditions | None |
| Status | First Look |
| Directions | From Hwy 410 E,Use the left 2 lanes to turn left onto Veterans Memorial Dr E,Right on Angeline Road,house on right. |
| High School | Bonney Lake High |
| City | Bonney Lake |
| Entry Location | Main |
| Senior Community Y/N | No |
| High School District | Sumner-Bonney Lake |
| MLS Area | 109 - Lake Tapps/Bonney Lake |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 87556 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,FHA,USDA Loan,VA Loan |
| Elementary School | Victor Falls Elem |
| Land Lease Y/N | No |
| Tax Annual Amount | 7817 |
| Middle/Junior High School | Lakeridge Middle |
| Property Condition | Updated/Remodeled |
| Public Remarks | 4.0% BUYER BROKER COMPENSATION if closed on or before 11/01 **FHA ASSUMABLE LOAN AT 4.25%** A rare opportunity to own 2 usable acres on a private,park-like oasis. APPROVED 6-home short plat already i |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Coming Soon |
| Water Company | City of Bonney Lake |
| Property Style | 10 - 1 Story |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Ceiling Fan(s),Dbl Pane/Storm Window,Dining Room,Fireplace,Pantry,Water Heater,Wired for Generator |
|---|---|
| Basement | None |
| Flooring | Ceramic Tile,Vinyl Plank,Carpet |
| Total Fireplaces | 1 |
| Fireplace Features | Wood Burning |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | Yes |
| Half Baths | 1 |
| Total Bedrooms | 3 |
| Main Level Bedrooms | 3 |
| Total Baths | 2 |
| Bedrooms Possible | 3 |
| Water Heater Type | Electric / Tank |
| Water Heater Location | Closet |
| Fireplaces Main | 1 |
| Power Production Type | Electric,Pellet,Wood |
| Baths Half Main | 1 |
| Baths Full Main | 1 |
| Bathrooms | 1.5 |
Exterior Features
| Exterior Amenities | Wood,Wood Products |
|---|---|
| Vegetation | Garden Space,Pasture,Wooded |
| Parking Features | Attached Garage,RV Parking |
| Lot Features | Paved,Value In Land |
| Water Source | Public |
| Total Parking | 2 |
| Inclusions | Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),See Remarks,Stove(s)/Range(s),Washer(s) |
| Foundation Details | Poured Concrete |
| Building Area Total | 1609 |
| Lot Dimensions | 132*639*132*639 |
| Lot Size Acres | 2.01 |
| Waterfront Y/N | No |
| Covered Spaces | 2 |
| Irrigation Water Rights Y/N | No |
| Site Features | Barn,Boat House,Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings,Patio,RV Parking |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98391
In The Neighborhood
Bonney Lake
$ 375,000
- Type
- Single Family | Active
- Size
- 1,240 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Skyline Properties, Inc.
Bonney Lake
$ 525,000
- Type
- Single Family | Active
- Size
- 1,416 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: eXp Realty
Bonney Lake
$ 869,950
- Type
- Single Family | Active
- Size
- 2,130 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: PNW Realty
Bonney Lake
$ 484,950
- Type
- Single Family | Active
- Size
- 1,317 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: John L. Scott R.E. Lake Tapps
Bonney Lake
$ 769,950
- Type
- Single Family | Active
- Size
- 2,856 SqFt
- Rooms
- 3 Beds + 3 Baths
Listed by: Trumark Homes Washington LLC
Bonney Lake
$ 539,000
- Type
- Single Family | Active
- Size
- 1,554 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: Swarthout Realty, Inc
Bonney Lake
$ 844,950
- Type
- Single Family | Active
- Size
- 3,032 SqFt
- Rooms
- 3 Beds + 3 Baths
Listed by: Trumark Homes Washington LLC
Bonney Lake
$ 824,950
- Type
- Single Family | Active
- Size
- 2,872 SqFt
- Rooms
- 3 Beds + 3 Baths
Listed by: Trumark Homes Washington LLC
Bonney Lake
$ 740,000
- Type
- Single Family | Active
- Size
- 3,062 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Listed by: John L. Scott R.E. Lake Tapps
Bonney Lake
$ 499,000
- Type
- Single Family | Active
- Size
- 1,695 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: Mountain View Properties
Bonney Lake
$ 569,900
- Type
- Single Family | Active
- Size
- 1,758 SqFt
- Rooms
- 4 Beds + 2 Baths
Listed by: Skyline Properties, Inc.
Bonney Lake
$ 560,000
- Type
- Single Family | Active
- Size
- 1,543 SqFt
- Rooms
- 2 Beds + 2 Baths
Listed by: Jason Mitchell Real Estate WA