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JRJeff ReynoldsCompass · Seattle
This home is no longer on the market (sold). The details below are kept for reference. See homes currently for sale in Lake Tapps.

21028 Snag Island Drive E, Lake Tapps, WA 98391

Listed by Kimber Lee, John L. Scott R.E. Lake Tapps · Buyer brokerage: Kronos Real Estate

Sold301 days on market

Originally $9,500,000

Reduced $3,500,000 · 37%

$6,000,000

$712 per sq ft

21028 Snag Island Drive E, Lake Tapps, WA 98391

Lake Tapps, WA, 98391

Beds
5
Baths
8
Sq ft
10,887
Built
1999
Parking
Attached Carport, Driveway, Attached Garage, Detached Garage
HOA
$1,000 annually
Ask Jeff

Tour this home

Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

5
Bedrooms
8
Bathrooms
10,887
Square feet
$712
Per sq ft
Single Family Residence
Type
1999
Year built
139,392 sq ft
Lot
301
Days on market

About this property

Experience Luxury Waterfront Lifestyle at Snag Island. Breathtaking private island estate ravishing in pure opulence. Magnolia lined gated entry lead to grand circular porte cochère w/extensive parking & 7+ car garage/shop. Hand-picked architectural details from the finest materials of the century, this shy 11,000 SqFt legacy residence opens to grand spiral staircase & Juliet balcony. An entertainer’s dream; perfect mix of sophisticated & casual spaces w/panoramic lake views from every room. 2nd staircase lead to 1bd/1ba Additional Dwelling Unit (ADU/MIL) w/full-kitchen & in-unit laundry. Accessibility features, including stair lift, enhance long-term livability; a rare generational waterfront residence offering scale, privacy & irreplaceable shoreline. 3.2 acres of rare north-eastern facing waterfront, offering 910' Lake Tapps peninsula: one of the largest private shoreline holdings in Pierce County. Lavish grounds w/spectacular sunsets feature sports court, in-ground pool & hot tub. At the water’s edge: covered lift, private boat launch & beach. Award-winning Dieringer School District. 24-hour guarded island access & guard house.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2392019
Listed
July 31, 2025
Days on market
301
Price per sq ft
$712
Original list price
$9,500,000
Sold price
$6,000,000
Sold
July 6, 2026

Unit & building

Building
Snag Island
Unit levels
Two

Homeowners association

HOA dues
$1,000 annually
Dues include
Common Area MaintenanceRoad MaintenanceSecuritySee RemarksSnow Removal

Parking

Parking
Attached CarportDrivewayAttached GarageDetached Garage
Covered spaces
8

Views

View
LakeSee RemarksTerritorial

Construction

Year built
1999
Style
12 - 2 Story
Structure
House
Roof
Tile

Heating & cooling

Heating
90%+ High EfficiencyForced AirRadiant
Cooling
90%+ High EfficiencyCentral AirForced Air
Energy source
ElectricNatural GasWood

Interior features

Features
Second KitchenSecond Primary BedroomBath Off PrimaryBuilt-In VacuumDbl Pane/Storm WindowDining RoomFireplaceFireplace (Primary Bedroom)High Tech CablingPantrySecurity SystemSkylight(s)Solarium/AtriumVaulted Ceiling(s)Walk-In Closet(s)Water HeaterWet BarWine CellarWine/Beverage RefrigeratorWired for Generator
Fireplaces
5
Fireplace type
GasWood Burning

Flooring

Flooring
Ceramic TileHardwoodLaminateTravertineCarpet

Appliances

Appliances
DishwasherDisposalDouble OvenDryerMicrowaveRefrigeratorSee RemarksTrash CompactorWasher

Community & building features

Features
Boat LaunchGatedParkTrail(s)

Lot

Lot features
Dead End StreetPavedSecluded
Lot size
139,392 sq ft
Waterfront
Yes

Terms

Terms offered
CashConventionalFHASee RemarksUSDA LoanVA Loan

Utilities

Water
Well
Sewer
Septic
Power
PSE

Schools

District
Dieringer
Elementary
Dieringer Hs Elem
Middle
North Tapps Mid
High
Buyer To Verify

Listing history

  1. Listed

    $9,500,000

    July 31, 2025

  2. Current price

    $6,000,000

  3. Sold

    $6,000,000

    July 6, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$35,022

Principal & interest
$30,339
Property tax (est.)
$4,600
HOA dues
$83

Assumes $1,200,000 down (20%), a $4,800,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Based on information submitted to the MLS GRID as of July 30, 2026 at 9:45 AM PDT. 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.