Rare opportunity to own exceptional no-bank, western-facing waterfront on coveted Lake Tapps. Set on an expansive .59-acre lot with 113 feet of frontage, this property delivers the ultimate lake lifestyle with breathtaking sunsets and sweeping open-water views. A private boat launch makes getting on the water effortless, while generous outdoor space provides endless opportunities for entertaining, recreation, and future vision.The home offers 3 bedrooms and 2.25 baths with multiple living spaces designed for comfort and flexibility. A spacious living room is highlighted by an oversized bay window capturing stunning lake views, while the family room and dining room create inviting gathering areas. The rec room with built-in bar is perfect for entertaining after long summer days on the water. An oversized utility/mechanical room adds functionality, and the attached 572 sq ft garage provides additional convenience.Car enthusiasts and hobbyists will appreciate the detached 768 sq ft garage, along with RV parking and abundant space for guests. Whether hosting waterfront gatherings, storing boats and toys, or simply enjoying the peaceful setting, this property offers rare versatility.Served by an individual private well and located in the desirable White River School District, this exceptional waterfront estate combines privacy, space, and an unbeatable Lake Tapps lifestyle. A truly special opportunity to enjoy level waterfront living with unforgettable sunset views.
Sold
Street View
Listed by: eXp Realty • Kimberly Fraser
Bought with: PRO RLTYSRVCS Eastside
$1,400,000
5816 218th Avenue E, Lake Tapps, WA 98391
3beds
2,126sqft
Single Family Residence
Built in 1976
0.59 Acres Lot
$1,395,700 Zestimate®
$659/sqft
$3,316 Estimated rent
Home value
$1,395,700
$1.31M - $1.48M
$3,316/mo
Zestimate® history
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$8,596/mo
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List your homeWhat's special
Private boat launchGenerous outdoor space
Zillow last checked:
Listing updated:
Listed by:
Kimberly Fraser,
eXp Realty
Bought with:
Alex Kondratyuk, 121121
PRO RLTYSRVCS Eastside
Source: NWMLS as distributed by MLS GRID,MLS#: 2506505
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Second
Bathroom three quarter
- Level: Second
Other
- Level: Lower
Dining room
- Level: Second
Entry hall
- Level: Main
Family room
- Level: Second
Kitchen without eating space
- Level: Second
Living room
- Level: Second
Rec room
- Level: Lower
Utility room
- Level: Lower
Heating
- Fireplace, Heat Pump, Electric
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room
- Flooring: Laminate, Vinyl, Carpet
- Windows: Dbl Pane/Storm Window, Skylight(s)
- Basement: Partially Finished
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,126
- Total interior livable area: 2,126 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached Garage, Detached Garage, RV Parking
- Has attached garage: Yes
- Covered spaces: 4
Features
- Levels: Multi/Split
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Wired for Generator
- Has spa: Yes
- Has view: Yes
- View description: Lake, Territorial
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, No Bank
- Frontage length: Waterfront Ft: 113
Lot
- Size: 0.59 Acres
- Features: Paved, Cable TV, Deck, Dock, Hot Tub/Spa, Outbuildings, Patio, Propane, RV Parking, Shop, Sprinkler System
- Topography: Level
Details
- Parcel number: 0520233014
- Special conditions: Standard
- Other equipment: Wired for Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Split Entry
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Slab
- Roof: Metal
Condition
- Good
- Year built: 1976
- Major remodel year: 1992
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: Well
- Utilities for property: Comcast, Comcast
Community & HOA
Community
- Subdivision: Lake Tapps
Location
- Region: Lake Tapps
Financial & listing details
- Price per square foot: $659/sqft
- Tax assessed value: $1,283,800
- Annual tax amount: $13,060
- Date on market: 6/11/2026
- Cumulative days on market: 41 days
- Listing terms: Conventional,FHA,USDA Loan,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Sold | $1,400,000-6.6%$659/sqft |
Source:  NWMLS as distributed by MLS GRID #2506505 Report a problem | ||
| 4/26/2026 | Pending sale | $1,499,000$705/sqft |
Source: NWMLS as distributed by MLS GRID #2506505 Report a problem | ||
| 4/17/2026 | Listed for sale | $1,499,000$705/sqft |
Source: NWMLS as distributed by MLS GRID #2506505 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,812 +4.1% | $1,283,800 -0.2% |
| 2023 | $13,267 +4.5% | $1,286,800 +1% |
| 2022 | $12,700 +9.5% | $1,274,500 +27.7% |
| 2021 | $11,603 +25.3% | $998,300 +19.1% |
| 2019 | $9,261 -4.5% | $838,400 +16% |
| 2018 | $9,702 +8.3% | $722,600 +7.1% |
| 2017 | $8,956 +7% | $674,900 +26.4% |
| 2016 | $8,371 | $534,100 +3.9% |
| 2014 | $8,371 +21.3% | $513,900 +4.4% |
| 2013 | $6,900 | $492,400 +24.2% |
| 2012 | -- | $396,600 -9.4% |
| 2011 | -- | $437,700 -15.6% |
| 2010 | -- | $518,600 -24.1% |
| 2009 | -- | $683,600 -7.7% |
| 2008 | $9,083 | $740,900 -4% |
| 2007 | $9,083 +97% | $772,100 +170% |
| 2002 | $4,612 +35.3% | $286,000 |
| 2001 | $3,410 | $286,000 +40.1% |
| 2000 | $3,410 | $204,100 |
Find assessor info on the county website
Neighborhood: 98391
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Nearby schools
GreatSchools rating
- 10/10Mountain Meadow Elementary SchoolGrades: 1-5Distance: 5.3 mi
- 6/10Glacier Middle SchoolGrades: 6-8Distance: 6.2 mi
- 7/10White River High SchoolGrades: 9-12Distance: 5.2 mi
Schools provided by the listing agent
- Elementary: Mtn Meadow Elem
- Middle: Glacier Middle Sch
- High: White River 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
$1,395,700
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
$1,395,700
- Washington
- Pierce County
- Bonney Lake
- 98391
- 5816 218th Avenue E
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