Welcome to paradise on Lake Tapps! This stunning Inlet Island home has low bank, full western exposure which means afternoon sun & million-dollar views! Quality craftsmanship & thoughtful design exude throughout this custom-built home. Original owners. Enjoy lake life with low bank, concrete bulkhead & an expansive dock w/room for all your toys. Newer Trex deck spans the main floor of the home offering endless opportunities to entertain or privately enjoy. Enjoy the amenities of the private Inlet Island Park: boat launch, play area, sports court, sand volleyball & more! Large 3 car garage w/ work space & office area or storage room. RV/boat parking on lot & fully fenced! New heat pump in 2023!
Sold
Listed by: Keller Williams Rlty Lk Tapps • Melanni Rezek
Bought with: John L. Scott R.E. Lake Tapps
$1,850,000
4847 N Island Drive E, Bonney Lake, WA 98391
4beds
4,166sqft
Single Family Residence
Built in 1996
0.33 Acres Lot
$1,858,700 Zestimate®
$444/sqft
$4,633 Estimated rent
Home value
$1,858,700
$1.73M - $2.01M
$4,633/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Melanni Rezek,
Keller Williams Rlty Lk Tapps
Bought with:
Kimber Lee, 8501
John L. Scott R.E. Lake Tapps
Bryce Lee, 20109492
John L. Scott R.E. Lake Tapps
Source: NWMLS as distributed by MLS GRID,MLS#: 2242657
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 2
- Main level bathrooms: 1
Bathroom three quarter
- Level: Lower
Other
- Level: Lower
Other
- Level: Main
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Lower
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Other
- Level: Lower
Heating
- Fireplace, Heat Pump, Electric, Natural Gas
Cooling
- Heat Pump
Appliances
- Included: Dryer(s), Trash Compactor, Washer(s), Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Water Heater: Gas, Water Heater Location: Garage
Features
- Bath Off Primary, Central Vacuum, Dining Room
- Flooring: Ceramic Tile, Hardwood, Carpet
- Doors: French Doors
- Windows: Double Pane/Storm Window, Skylight(s)
- Basement: Daylight
- Number of fireplaces: 2
- Fireplace features: Gas, Main Level: 1, Upper Level: 1, Fireplace
Interior area
- Total structure area: 4,166
- Total interior livable area: 4,166 sqft
Property
Parking
- Total spaces: 3
- Parking features: RV Parking, Driveway, Attached Garage
- Attached garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Ceramic Tile, Hardwood, Bath Off Primary, Built-In Vacuum, Double Pane/Storm Window, Dining Room, Fireplace (Primary Bedroom), French Doors, Jetted Tub, Security System, Skylight(s), Fireplace, Water Heater
- Spa features: Bath
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Frontage length: Waterfront Ft: 71
Lot
- Size: 0.33 Acres
- Dimensions: 195 x 71 x 195 x 70
- Features: Cable TV, Deck, Dock, Dog Run, Fenced-Fully, High Speed Internet, Patio, RV Parking, Sprinkler System
- Topography: Level,PartialSlope,Terraces
- Residential vegetation: Garden Space
Details
- Parcel number: 4720000692
- Zoning: Bonney Lake
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Northwest Contemporary,2 Stories w/Bsmnt
- Property subtype: Single Family Residence
Materials
- Cement Planked, Stucco, Cement Plank
- Foundation: Poured Concrete
- Roof: Tile
Condition
- Very Good
- Year built: 1996
- Major remodel year: 1996
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Bonney Lake
- Water: Public, Company: City of Bonney Lake
- Utilities for property: Century Link
Community & HOA
Community
- Features: Athletic Court, Boat Launch, CCRs, Clubhouse, Park, Playground
- Security: Security System
- Subdivision: Inlet Island
HOA
- HOA fee: $245 annually
Location
- Region: Bonney Lake
Financial & listing details
- Price per square foot: $444/sqft
- Tax assessed value: $1,701,600
- Annual tax amount: $18,478
- Date on market: 2/19/2025
- Cumulative days on market: 518 days
- Listing terms: Conventional,VA Loan
- Inclusions: Dishwashers, Dryers, GarbageDisposal, Microwaves, Refrigerators, StovesRanges, TrashCompactor, Washers
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2024 | Sold | $1,850,000$444/sqft |
Source:  NWMLS as distributed by MLS GRID #2242657 Report a problem | ||
| 5/27/2024 | Pending sale | $1,850,000$444/sqft |
Source: NWMLS as distributed by MLS GRID #2242657 Report a problem | ||
| 5/24/2024 | Listed for sale | $1,850,000-5.1%$444/sqft |
Source: NWMLS as distributed by MLS GRID #2242657 Report a problem | ||
| 9/19/2023 | Listing removed | -- |
Source: John L Scott Real Estate Report a problem | ||
| 8/10/2023 | Price change | $1,950,000-2.5%$468/sqft |
Source: John L Scott Real Estate #2074435 Report a problem | ||
| 7/7/2023 | Price change | $1,999,999-10.1%$480/sqft |
Source: John L Scott Real Estate #2074435 Report a problem | ||
| 6/3/2023 | Listed for sale | $2,225,000$534/sqft |
Source: John L Scott Real Estate #2074435 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $19,528 -4.6% | $1,701,600 -6.1% |
| 2024 | $20,476 +10.8% | $1,812,500 -0.4% |
| 2023 | $18,478 +14.6% | $1,820,000 +10.8% |
| 2022 | $16,121 +7.7% | $1,642,600 +28% |
| 2021 | $14,962 +36.8% | $1,283,200 +29.6% |
| 2019 | $10,935 | $989,900 +11.4% |
| 2018 | -- | $888,400 +3% |
| 2017 | $10,298 +7.1% | $862,500 +27.2% |
| 2016 | $9,615 | $677,800 -0.3% |
| 2014 | $9,615 +16.4% | $680,100 +11.7% |
| 2013 | $8,258 | $608,700 +13% |
| 2012 | -- | $538,800 -17.4% |
| 2011 | -- | $652,400 -3.9% |
| 2010 | -- | $678,700 -12.4% |
| 2009 | -- | $774,400 -13.6% |
| 2008 | -- | $896,700 -6.2% |
| 2007 | $10,260 +53.5% | $956,400 +123.9% |
| 2002 | $6,683 -5.4% | $427,200 |
| 2001 | $7,065 +256.7% | $427,200 +253.3% |
| 2000 | $1,981 | $120,900 |
Find assessor info on the county website
Neighborhood: 98391
Nearby homes
- $522,5003 bd1 ba1k sqft20006 Cascade Dr E, Lake Tapps, WA 98391Sold
- $600,0003 bd3 ba1.4k sqft4840 N Island Dr E, Bonney Lake, WA 98391Pending
- $557,0754 bd3 ba1.9k sqft20009 Cascade Dr E, Bonney Lake, WA 98391Sold
- $503,0003 bd2 ba1.5k sqft5204 Rainier Dr E, Bonney Lake, WA 98391Sold
- $630,0003 bd2 ba1.7k sqft5206 Rainier Dr E, Bonney Lake, WA 98391Sold
- $599,9503 bd2 ba1.3k sqft20109 Cascade Dr E, Bonney Lake, WA 98391Sold
- $540,0003 bd3 ba1.3k sqft4931 N Vista Dr E, Bonney Lake, WA 98391Sold
- $515,0003 bd1 ba1k sqft5418 S Island Dr E, Bonney Lake, WA 98391Sold
Nearby schools
GreatSchools rating
- 8/10Emerald Hills Elementary SchoolGrades: K-5Distance: 0.5 mi
- 9/10Lakeridge Middle SchoolGrades: 6-8Distance: 1.5 mi
- 9/10Bonney Lake High SchoolGrades: 9-12Distance: 3 mi
Schools provided by the listing agent
- High: Bonney Lake 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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Estimated market value
$1,858,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,858,700
- Washington
- Pierce County
- Bonney Lake
- 98391
- 4847 N Island Drive E
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