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JRJeff ReynoldsCompass · Seattle

Listed by Don M. Goethals, RE/MAX Extra Inc.

3
Bedrooms
3
Bathrooms
4,335
Square feet
$461
Per sq ft
Single Family Residence
Type
1981
Year built
119,339 sq ft
Lot
34
Days on market

About this property

RARE 2.4-ACRE WATERFRONT OPPORTUNITY on Snag Island with 270 feet of open waterfront & breathtaking Mount Rainier views! Nestled in one of Lake Tapps' most sought-after waterfront communities, this custom-built 2-story home w/daylight basement offers incredible potential & endless possibilities. The upstairs & basement remain largely original, w/portions never finished, providing the perfect canvas to create your dream waterfront estate. The lower level is already equipped w/plumbing & electrical for a possible MIL or guest suite. Spacious kitchen features a breakfast bar, stainless steel appliances, & cozy eating nook w/slider leading to the expansive deck overlooking the lake. The inviting living room offers a wood-burning fireplace, built-ins, & panoramic water views. Stay comfortable year-round w/A/C. Outside, enjoy a newer Trex dock w/Sea-Doo lift for effortless lake access, along w/270 feet of shoreline in a peaceful natural setting. The detached garage includes heat, workshop, bathroom, loft space w/finished room, & abundant storage. Additional amenities include greenhouse, carport, shed, & plenty of room to expand or customize. Whether you're searching for a private waterfront getaway, investment opportunity, or forever home, this exceptional property delivers unmatched potential in a premier location. Located in the highly regarded Dieringer School District & just minutes to Bonney Lake shopping, dining, & amenities. Bring your vision & make it your own!

Location & commute

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

Directions

Property details

Listing details

Listing number
#2536039
Listed
June 9, 2026
Days on market
34
Price per sq ft
$461

Unit & building

Building
Snag Island
Unit levels
Two

Homeowners association

HOA dues
$141 monthly
Dues include
Common Area MaintenanceInternetRoad MaintenanceSecuritySnow Removal

Parking

Parking
Attached CarportDetached CarportDrivewayDetached GarageRV Parking
Covered spaces
4
Total spaces
24

Views

View
LakeMountainsTerritorial

Construction

Year built
1981
Style
18 - 2 Stories w/Bsmnt
Structure
House
Roof
Tile

Heating & cooling

Heating
Forced AirHeat PumpStove/Free StandingWall Furnace
Cooling
Forced AirHeat Pump
Energy source
ElectricWood

Interior features

Features
Bath Off PrimaryDbl Pane/Storm WindowDining RoomFireplaceVaulted Ceiling(s)Walk-In Closet(s)Water HeaterWired for Generator
Fireplaces
2
Fireplace type
Wood Burning

Flooring

Flooring
Ceramic TileConcreteVinylCarpet

Appliances

Appliances
DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Community & building features

Features
Boat LaunchCCRsGated

Lot

Lot features
Dead End StreetOpen SpacePavedSecludedValue In Land
Lot size
119,339 sq ft
Waterfront
Yes

Terms

Terms offered
CashConventionalVA Loan

Utilities

Water
Well
Sewer
Septic
Power
PSE

Schools

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

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Two
  • Common Area Maintenance
  • Internet
  • Road Maintenance
  • Security
  • Snow Removal
  • Attached Carport
  • Detached Carport
  • Driveway
  • Detached Garage
  • RV Parking
  • Lake

Listing history

  1. Listed

    $2,000,000

    June 9, 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

$11,787

Principal & interest
$10,113
Property tax (est.)
$1,533
HOA dues
$141

Assumes $400,000 down (20%), a $1,600,000 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.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM 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.