Experience waterfront living on Lake Tapps’ sought-after Interlake Islands! Cross the scenic causeway to your open-waterfront home, where panoramic views of Mt. Rainier, Snag Island, and the Foothills await. Enjoy eagles soaring, colorful hot air balloons, and breathtaking sunrises. Recent upgrades include a new roof (Mar 2025), furnace and heat pump (May 2025), and gutters. The property features sprinklers, an expansive attached 3 car garage plus a 28x30 shop with 10’ & 12’ doors, 50-amp RV hookup, and generator wiring. Relax on the new deck or stamped patio overlooking your private pea gravel beach, protected swimming cove, dock with 6,500-lb lift, 2 Sea-Doo ramps, and shared boat launch. Here's your chance to live on an amazing island!
Sold
Listed by: Toril Sells Houses Team • Toril Schoepfer
Bought with: RE/MAX Integrity
$1,650,000
4934 197th Avenue E, Bonney Lake, WA 98391
3beds
2,458sqft
Single Family Residence
Built in 1978
0.37 Acres Lot
$1,651,200 Zestimate®
$671/sqft
$3,449 Estimated rent
Home value
$1,651,200
Estimated sales range
Not available
$3,449/mo
Zestimate® history
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List your homeWhat's special
Stamped patioBreathtaking sunrisesOpen-waterfront homeColorful hot air balloonsNew deckShared boat launchProtected swimming cove
Zillow last checked:
Listing updated:
Listed by:
Toril Schoepfer,
Toril Sells Houses Team
Bought with:
Eryn Slater, 22012518
RE/MAX Integrity
Source: NWMLS as distributed by MLS GRID,MLS#: 2451566
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Bedroom
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Lower
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Heat Pump, Electric, Natural Gas
Cooling
- Forced Air, Heat Pump
Appliances
- Included: Dishwasher(s), Disposal, Stove(s)/Range(s), Garbage Disposal
Features
- Bath Off Primary, Dining Room
- Flooring: Travertine, Vinyl Plank, Carpet
- Doors: French Doors
- Windows: Double Pane/Storm Window, Skylight(s)
- Basement: Finished
- Number of fireplaces: 2
- Fireplace features: Electric, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,458
- Total interior livable area: 2,458 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway, Attached Garage, RV Parking
- Attached garage spaces: 5
Features
- Levels: Multi/Split
- Entry location: Main
- Patio & porch: Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Wired for Generator
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, No Bank
- Frontage length: Waterfront Ft: 70
Lot
- Size: 0.37 Acres
- Features: Paved, Cable TV, Deck, Dock, Gas Available, High Speed Internet, Outbuildings, Patio, RV Parking, Shop, Sprinkler System
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 4735000160
- Zoning: BLK
- Special conditions: Standard
- Other equipment: Wired for Generator
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 1978
- Major remodel year: 2005
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City of Bonney Lake
- Water: Public, Company: City of Bonney Lake
Community & HOA
Community
- Features: Athletic Court, Boat Launch, CCRs, Gated, Park, Playground
- Subdivision: Lake Tapps
HOA
- Services included: Common Area Maintenance, See Remarks
- HOA fee: $425 annually
- HOA phone: 253-891-2729
Location
- Region: Lake Tapps
Financial & listing details
- Price per square foot: $671/sqft
- Tax assessed value: $1,463,000
- Annual tax amount: $16,530
- Date on market: 1/3/2026
- Cumulative days on market: 84 days
- Listing terms: Conventional,VA Loan
- Inclusions: Dishwasher(s), Garbage Disposal, Stove(s)/Range(s)
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2025 | Sold | $1,650,000$671/sqft |
Source:  NWMLS as distributed by MLS GRID #2451566 Report a problem | ||
| 11/10/2025 | Pending sale | $1,650,000$671/sqft |
Source: NWMLS as distributed by MLS GRID #2451566 Report a problem | ||
| 11/5/2025 | Listed for sale | $1,650,000+279.3%$671/sqft |
Source: NWMLS as distributed by MLS GRID #2451566 Report a problem | ||
| 5/29/2011 | Listing removed | $435,000$177/sqft |
Source: Keller Williams Realty #78517 Report a problem | ||
| 2/11/2011 | Listed for sale | $435,000-4.8%$177/sqft |
Source: Keller Williams Realty #78517 Report a problem | ||
| 6/23/2010 | Sold | $457,000+5.1%$186/sqft |
Source: NWMLS as distributed by MLS GRID #78517 Report a problem | ||
| 5/26/2010 | Listed for sale | $435,000-27.5%$177/sqft |
Source: Keller Williams Puyallup #78517 Report a problem | ||
| 3/12/2010 | Listing removed | $599,950$244/sqft |
Source: SKYLINE #28024750 Report a problem | ||
| 12/5/2009 | Price change | $599,950+4.3%$244/sqft |
Source: SKYLINE #28024750 Report a problem | ||
| 10/31/2009 | Price change | $574,950-4.2%$234/sqft |
Source: Skyline Properties, Inc. - Puyallup Office #29066064 Report a problem | ||
| 9/7/2009 | Price change | $599,950-20%$244/sqft |
Source: SKYLINE #28024750 Report a problem | ||
| 11/24/2008 | Price change | $749,950-16.7%$305/sqft |
Source: Marjorie Madlena #28024750 Report a problem | ||
| 10/23/2008 | Price change | $899,950-10%$366/sqft |
Source: Marjorie Madlena #28024750 Report a problem | ||
| 7/21/2008 | Price change | $999,950-4.8%$407/sqft |
Source: Keller Williams Realty #28024750 Report a problem | ||
| 2/22/2008 | Listed for sale | $1,049,950+45.8%$427/sqft |
Source: NCI #28024750 Report a problem | ||
| 7/29/2005 | Sold | $720,000+140%$293/sqft |
Source: NWMLS as distributed by MLS GRID #25091408 Report a problem | ||
| 6/5/1998 | Sold | $300,000$122/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $16,530 +19.6% | $1,463,000 +7.5% |
| 2023 | $13,820 -0.7% | $1,360,900 -4.1% |
| 2022 | $13,924 -1.4% | $1,418,600 +17.2% |
| 2021 | $14,116 +31% | $1,210,600 +28.1% |
| 2019 | $10,772 -6.2% | $945,400 +8% |
| 2018 | $11,489 +29.6% | $875,100 +6.6% |
| 2017 | $8,867 | $820,900 +30.9% |
| 2016 | $8,867 | $626,900 0% |
| 2014 | $8,867 +2.4% | $627,200 +14.5% |
| 2013 | $8,657 | $547,900 -3% |
| 2012 | -- | $564,800 -9.2% |
| 2011 | -- | $622,100 -0.3% |
| 2010 | -- | $624,100 +107.1% |
| 2002 | $4,714 | $301,300 |
Find assessor info on the county website
Neighborhood: 98391
Nearby homes
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Nearby schools
GreatSchools rating
- 9/10Crestwood Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 9/10Lakeridge Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Sumner Senior High SchoolGrades: 9-12Distance: 3.2 mi
Schools provided by the listing agent
- Elementary: Emerald Hills Elem
- Middle: Lakeridge Middle
- High: Sumner Snr 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
$1,651,200
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
$1,651,200
- Washington
- Pierce County
- Bonney Lake
- 98391
- 4934 197th Avenue E
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