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JRJeff ReynoldsCompass · Seattle
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Listed by Jesse Misener, COMPASS

3
Bedrooms
3
Bathrooms
1,912
Square feet
$261
Per sq ft
Single Family Residence
Type
1966
Year built
16,800 sq ft
Lot
0
Days on market

About this property

DRIFTWOOD POINT INVESTOR SPECIAL — ADU POTENTIAL & GATED LOT. Unlocking massive upside in sought-after Driftwood Point! Situated on a private, gated lot with an oversized 2-car garage and extensive boat/RV parking, this footprint offers high-equity potential for flippers or BRRRR investors. The main level features a spacious floor plan opening out to an expansive entertainment deck and hot tub. Downstairs off the garage, discover a dedicated lower-level ADU/in-law suite with a separate entrance and bathroom, perfect for rental income or multi-generational living. Cleaned out, landscaped, and ready for your custom overhaul. Includes access to exclusive Driftwood Point HOA amenities: private gated boat launch, waterfront park, sports courts, and beach on Lake Tapps. Detailed floor plans with dimensions provided in supplements. Sold strictly AS-IS by Estate. Cash or hard-money terms preferred.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2574653
Listed
September 16, 2026
Days on market
0
Price per sq ft
$261

Unit & building

Building
Driftwood Point
Unit levels
One

Homeowners association

HOA dues
$405 annually
Dues include
Common Area Maintenance

Parking

Parking
Attached Garage
Covered spaces
2
Total spaces
2

Construction

Year built
1966
Style
10 - 1 Story
Structure
House
Roof
Torch Down

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
ElectricNatural Gas

Community & building features

Features
Athletic CourtBoat Launch

Lot

Lot features
Paved
Lot size
16,800 sq ft

Terms

Terms offered
CashConventionalRehab Loan

Utilities

Water
City of Bonney Lake
Sewer
Septic
Power
Puget Sound Energy

Schools

District
Dieringer
Elementary
Lake Tapps Elem
Middle
North Tapps Mid
High
Out of District

What stands out to you?

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

  • One
  • Common Area Maintenance
  • Attached Garage
  • House
  • Torch Down
  • Forced Air
  • None
  • Electric
  • Natural Gas
  • Athletic Court
  • Boat Launch
  • Paved

Listing history

  1. Listed

    $499,000

    September 16, 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

$2,940

Principal & interest
$2,523
Property tax (est.)
$383
HOA dues
$34

Assumes $99,800 down (20%), a $399,200 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 September 16, 2026 at 4:00 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.