Rare flat waterfront estate with grandfathered boathouse offering private lakefront living at its finest. One of the most beautiful and rare waterfront properties available, the level shoreline provides effortless lake access, private moorage, and exceptional usability. The stately presidential log home showcases soaring vaulted ceilings, rich wood detailing, expansive windows, and Scandinavian-inspired design that blends Northwest character with modern elegance. The main-floor primary suite features a private lakefront deck and spa-inspired bath. Upstairs offers a second primary suite, two additional bedrooms, and a loft with panoramic lake views. Expansive lower level, three-car garage, RV and boat parking, EV charging, PRVT boat launch
Pending
Listed by: Lowes Flat Fee Realty A Homezu • Roger D. Lowe
$1,499,500
6358 S Island Drive, Bonney Lake, WA 98391
4beds
3,024sqft
Single Family Residence
Built in 1980
0.29 Acres Lot
$1,454,200 Zestimate®
$496/sqft
$21/mo HOA
What's special
Grandfathered boathousePrivate lakefront livingEffortless lake accessLevel shorelineModern eleganceRv and boat parkingPrivate lakefront deck
- 77 days |
- 574 |
- 26 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Roger D. Lowe,
Lowes Flat Fee Realty A Homezu
Source: NWMLS as distributed by MLS GRID,MLS#: 2532765
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Second
Other
- Level: Main
Living room
- Level: Main
Rec room
- Level: Lower
Utility room
- Level: Lower
Heating
- Fireplace, Forced Air, Electric
Cooling
- Forced Air, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Double Oven, Microwave, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Washer, Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
Features
- Bath Off Primary, Dining Room, Loft, Pantry
- Flooring: Laminate, Stone
- Windows: Dbl Pane/Storm Window, Skylight(s)
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Electric, Main Level: 1, Fireplace
Interior area
- Total structure area: 3,024
- Total interior livable area: 3,024 sqft
Property
Parking
- Total spaces: 3
- Parking features: Attached Carport, RV Parking
- Carport spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Loft, Pantry, Skylight(s), Walk-In Closet(s)
- Has view: Yes
- View description: Lake, Mountain(s), Territorial
- Has water view: Yes
- Water view: Lake
- Waterfront features: Low Bank, Lake
- Frontage length: Waterfront Ft: 70
Lot
- Size: 0.29 Acres
- Features: Paved, Boat House, Deck, Dock, Electric Car Charging, Gas Available, Green House, Outbuildings, RV Parking
- Topography: Level
- Residential vegetation: Garden Space
Details
- Parcel number: 4720001060
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,2 Stories w/Bsmnt
- Property subtype: Single Family Residence
Materials
- Log
- Foundation: Poured Concrete
Condition
- Good
- Year built: 1980
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Features: Athletic Court, Boat Launch, CCRs, Park, Playground
- Subdivision: Bonney Lake/Buckley
HOA
- HOA fee: $250 annually
Location
- Region: Bonney Lake
Financial & listing details
- Price per square foot: $496/sqft
- Tax assessed value: $1,362,900
- Annual tax amount: $1,629
- Date on market: 3/8/2026
- Cumulative days on market: 163 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Double Oven, Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Foreclosure details
Estimated market value
$1,454,200
$1.38M - $1.53M
$3,735/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2026 | Pending sale | $1,499,500$496/sqft |
Source:  NWMLS as distributed by MLS GRID #2532765 Report a problem | ||
| 6/1/2026 | Listed for sale | $1,499,500+20%$496/sqft |
Source: NWMLS as distributed by MLS GRID #2532765 Report a problem | ||
| 5/9/2025 | Sold | $1,250,000-7.4%$413/sqft |
Source: NWMLS as distributed by MLS GRID #2319455 Report a problem | ||
| 4/10/2025 | Pending sale | $1,349,950$446/sqft |
Source: NWMLS as distributed by MLS GRID #2319455 Report a problem | ||
| 3/4/2025 | Price change | $1,349,950-3.6%$446/sqft |
Source: NWMLS as distributed by MLS GRID #2319455 Report a problem | ||
| 1/3/2025 | Listed for sale | $1,400,000$463/sqft |
Source: NWMLS as distributed by MLS GRID #2319455 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $24,157 +48.3% | $1,362,900 -5.5% |
| 2024 | $16,293 +10.3% | $1,442,000 -0.9% |
| 2023 | $14,771 +13.1% | $1,454,600 +9.4% |
| 2022 | $13,055 +7.2% | $1,330,000 +27.4% |
| 2021 | $12,173 +41.2% | $1,043,800 +32.1% |
| 2019 | $8,622 -8.4% | $790,400 +12.9% |
| 2018 | $9,414 +16.4% | $700,300 +4.1% |
| 2017 | $8,084 +8.5% | $672,500 +27.9% |
| 2016 | $7,452 | $525,600 -0.3% |
| 2014 | $7,452 +20.7% | $527,100 +11.8% |
| 2013 | $6,174 | $471,500 +17.1% |
| 2012 | -- | $402,800 -19.4% |
| 2011 | -- | $499,500 -5.4% |
| 2010 | -- | $527,800 +80% |
| 2002 | $4,589 -6.4% | $293,300 |
| 2001 | $4,904 | $293,300 -2% |
| 2000 | $4,904 | $299,400 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 98391
Nearby schools
GreatSchools rating
- 8/10Emerald Hills Elementary SchoolGrades: K-5Distance: 0.8 mi
- 9/10Lakeridge Middle SchoolGrades: 6-8Distance: 1.8 mi
- 9/10Bonney Lake High SchoolGrades: 9-12Distance: 2.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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