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  • Listed by: Morrison House Sotheby's Intl • Michael Morrison
    $2,949,000

    38 Puget Drive, Steilacoom, WA 98338

    5beds
    4,802sqft
    : 
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    Single Family Residence
    Built in 2025
    0.7 Acres Lot
    $2,879,800 Zestimate®
    $614/sqft
    $-- HOA

    What's special

    Massive viewHeated tile floorsCustom white oak cabinetryReal hemlock stained millworkCambria quartz
    Presale New home by TONKA HOMES in charming town of Steilacoom; stones throw to beach; golf & an incredible lifestyle. Unobstructed VIEWS of SALTWATER, Sunsets, Islands, OLYMPIC MOUNTAINS & ferry. High end finishes throughout include custom white oak cabinetry; Cambria Quartz; hardwoods throughout the entry, great room, dining & kitchen with Zellige & Porcelain custom tile work. Massive kitchen w/ thermador appliances, cusTom built ins, open great room with beams and vaulted ceilings. PRIMARY BEDROOM ON MAIN with spa like bath, heated tile floors, 10' Ceilings on Main floor; 8' real wood doors; real Hemlock stained millwork. UPPER level 3 beds & Bonus; UNFINISHED BASEMENT to customize. INCREDIBLE LOCATION. NEW CONSTRUCTION. MASSIVE VIEW.
    329 days
    |
    675
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Morrison,

    Morrison House Sotheby's Intl

    Source: NWMLS as distributed by MLS GRID,MLS#: 2423400MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 1
      • 3/4 bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bathrooms: 3
      • Main level bedrooms: 2
      Primary bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bathroom three quarter
      • Level: Main
      Bathroom three quarter
      • Level: Main
      Bathroom full
      • Level: Second
      Bathroom three quarter
      • Level: Lower
      Other
      • Level: Main
      Bonus room
      • Level: Second
      Den office
      • Level: Main
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Great room
      • Level: Main
      Kitchen with eating space
      • Level: Main
      Utility room
      • Level: Main
      Heating
      • Fireplace, 90%+ High Efficiency, Forced Air, Heat Pump, Recirculation Pump, Electric
      Cooling
      • Forced Air, Heat Pump
      Appliances
      • Included: Dishwasher, Disposal, Double Oven, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Water Heater: Gas`, Water Heater Location: Mechanical
      Features
      • Bath Off Primary, Ceiling Fan(s), Dining Room, Pantry
      • Flooring: Ceramic Tile, Concrete, Engineered Hardwood
      • Windows: Dbl Pane/Storm Window
      • Basement: Unfinished
      • Number of fireplaces: 2
      • Fireplace features: Gas, Main Level: 2, Fireplace
      Interior area
      • Total structure area: 4,802
      • Total interior livable area: 4,802 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Detached Garage
      • Has garage: Yes
      • Covered spaces: 4
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Main
      • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wired for Generator
      • Has view: Yes
      • View description: Bay, See Remarks, Sound
      • Has water view: Yes
      • Water view: Bay,Sound
      Lot
      • Size: 0.7 Acres
      • Features: Cul-De-Sac, Dead End Street, Cable TV, Deck
      • Topography: Sloped,Steep Slope
      Details
      • Parcel number: 2978010010
      • Special conditions: Standard
      • Other equipment: Wired for Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Craftsman,2 Stories w/Bsmnt
      • Property subtype: Single Family Residence
      Materials
      • Cement Planked, Cement Plank
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • New construction: Yes
      • Year built: 2025
      • Major remodel year: 2025
      Details
      • Builder name: Tonka Homes NW

      Utilities & green energy

      • Electric: Company: Steilacoom
      • Sewer: Sewer Connected, Company: Pierce County
      • Water: Public, Company: Steilacoom
      • Utilities for property: Xfinity, Xfinity
      Green energy
      • Energy efficient items: Double Wall

      Community & HOA

      Community
      • Subdivision: Madrona Park
      Location
      • Region: Steilacoom

      Financial & listing details

      • Price per square foot: $614/sqft
      • Tax assessed value: $610,100
      • Annual tax amount: $5,171
      • Date on market: 8/20/2025
      • Cumulative days on market: 330 days
      • Listing terms: Conventional
      • Inclusions: Dishwasher(s), Double Oven, Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)

        Estimated market value

        $2,879,800

        $2.74M - $3.02M

        $7,323/mo

        Price history

        DateEventPrice
        3/24/2026Price change$930,000-68.5%$194/sqft
        Source: NWMLS as distributed by MLS GRID #2492503 Report a problem
        3/13/2026Price change$2,949,000-1.7%$614/sqft
        Source: NWMLS as distributed by MLS GRID #2423400 Report a problem
        8/21/2025Listed for sale$2,999,000+233.2%$625/sqft
        Source: NWMLS as distributed by MLS GRID #2423400 Report a problem
        7/30/2007Sold$900,000+1100%$187/sqft
        Source: NWMLS as distributed by MLS GRID #27091674 Report a problem
        5/18/1981Sold$75,000$16/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$5,171 -19.1%$610,100 -17.8%
        2023$6,390 -2.4%$742,100 -3.1%
        2022$6,546 -0.8%$766,000 +15.2%
        2021$6,600 +2.3%$665,200 +22.2%
        2019$6,452 -0.8%$544,300 -6.6%
        2018$6,506 +13.1%$582,600 +13.9%
        2017$5,754 +8.4%$511,500 +7.9%
        2016$5,310 $474,200 +14.7%
        2014$5,310 -33.1%$413,600 -35.8%
        2013$7,936 $644,000 +13.9%
        2012-- $565,400 -17.9%
        2011-- $688,300 -3.2%
        2010-- $711,300 -3.9%
        2009-- $740,200 -7.6%
        2008$10,238 $801,200 -20%
        2007$10,238 +78.9%$1,001,800 +128%
        2002$5,722 +6.4%$439,300
        2001$5,380 $439,300 +7.1%
        2000$5,380 $410,300
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 98388

        Getting around

        9 / 100
        Car-Dependent
        11 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cherrydale Elem
        • Middle: Pioneer Mid
        • High: Steilacoom High

        Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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