Sold486d on market
4205 218th Avenue E
Lake Tapps, WA, 98391 • 98391 • Pierce County
$2,650,000
47.1 acLot
Property DNA
Scenic Views
See Remarks · Territorial
Lake Tapps
98391
This home is getting attention
Listed 486 days ago
Market activity
Demand and pricing signals for this listing
486 days on market
Established listing
Selling Soon Prediction
ModerateThis home ranks in the top 32% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Lot
Situated across the street from Lake Tapps you will find three (3) large parcels of land with Territorial, Mt. Rainier, and Cascade Mountain Views. Parcel A (14.14 Acres) is the most northerly parcel. Parcel B (11.1 Acres) has a three (3 ) three-bedroom home, barn, and outbuildings. Parcel C (21.87 Acres) is vacant and can be subdivided into two (2) 10+ Acre Tracts. The Seller recently completed the redevelopment entitlement work for each parcel of land to determine the 'Highest & Best use' of each site. Zoning allows for the far westerly acreage of each parcel to be improved with custom homes, barns, stables, etc. Continued use of the acreage as a working farm since the 1940s allows for easterly acreage to remain working pastures.
Standout features identified
Our analysis highlights working pastures and active working pastures as key attractions of this home.
Estimated monthly payment
Based on current rates
$16,501/month
Principal & Interest$12,968
Property Tax$2,650
Insurance$883
Down payment20% ($530,000)
3%50%
Est. 6.19% rate · 30yr fixed · $2,120,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerAvailable, In Street, Private Well, See Remarks, Jurisdiction: City of Bonney Lake / Not Available, Septic: Gravity, Septic Design Installed
Parking & Outdoor
Lot47.11 Acres
Location & Tax
Neighborhood98391
Annual tax$6,490
Parcel0520143025
Features & details
4 categories of property features
Exterior Features
Lot Features
Corner Lot
Paved
Evergreens
Garden/Fruit Trees
Lightly Treed
Partially Cleared
Pasture Land
Views
See Remarks
Territorial
Utilities
Electricity Connected
Septic Design Installed
Gas
Not Available
Listing insights
Market data and value estimates
StatusSold
Days on market486
Est. value$1,129,400
Tax rate0.88%
On marketDec 15, 2024
PostedOct 18, 2024
Last sold$2,650,000
MLS statusSold
MLS updatedJan 6, 2025
Tour days6
How are the schools in Lake Tapps?
3 schools rated nearby
Location
Lake Tapps, WA, 98391
Price history
3 events
DateEventPrice$/sqftSource
Dec 6, 2024Sold$2,650,000—NWMLS as distributed by MLS GRID
Nov 9, 2024Pending Sale$2,735,000—NWMLS as distributed by MLS GRID
Oct 18, 2024Listed For Sale$2,735,000—NWMLS as distributed by MLS GRID
Sold$2,650,000
Dec 6, 2024•NWMLS as distributed by MLS GRID
Pending Sale$2,735,000
Nov 9, 2024•NWMLS as distributed by MLS GRID
Listed For Sale$2,735,000
Oct 18, 2024•NWMLS as distributed by MLS GRID
Tax history
1 year of records
YearTax paidAssessed value
Apr 7, 2024$315$14,593
Nearby homes
Neighborhood details
Local context around this listing
Lake Tapps, WA • Pierce County
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
98321
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 12:48:46 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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