For Sale229d on market

38 Puget Drive

Steilacoom, WA, 98388 • 98388 • Pierce County

$2,949,000

$614/sqft

-$2,019,000 since Mar 24, 2026

5Beds

5Baths

4,802Sqft

0.7 acLot

2025Built

Property DNA

8 highlights

Waterfront Property

Direct water access

Scenic Views

Bay · See Remarks · Sound

2 Stories w/Bsmnt Style

Built 2025 · 1 years of history

Madrona Park

98388

Outdoor Living

Bath Off Primary · Ceiling Fan(s) · Dbl Pane/Storm Window · Dining Room · Fireplace · Fireplace (Primary Bedroom) · Pantry · Vaulted Ceiling(s) · Walk-In Closet(s) · Water Heater · Wired for Generator

2 Fireplaces

Gas · Main Level: 2 · Fireplace

Garage

Detached Garage

Ceramic Tile & Engineered Hardwood Floors

Quality flooring throughout

This home is getting attention

Listed 229 days ago · 1,577 views · 29 saves

Market activity

Demand and pricing signals for this listing

1,577 views

People checking out this listing

29 saves

Buyers have saved this home

229 days on market

Established listing

$614/sqft

Price per square foot

About this home

Single Family · Built 2025

Presale New home by TONKA HOMES in charming town of Steilacoom; stones throw to beach; golf & an incredible lifestyle. Unobstructed VIEWS of SALTWATER, Sunsets, Islands, OLYMPIC MOUNTAINS & ferry. High end finishes throughout include custom white oak cabinetry; Cambria Quartz; hardwoods throughout the entry, great room, dining & kitchen with Zellige & Porcelain custom tile work. Massive kitchen w/ thermador appliances, cusTom built ins, open great room with beams and vaulted ceilings. PRIMARY BEDROOM ON MAIN with spa like bath, heated tile floors, 10' Ceilings on Main floor; 8' real wood doors; real Hemlock stained millwork. UPPER level 3 beds & Bonus; UNFINISHED BASEMENT to customize. INCREDIBLE LOCATION. NEW CONSTRUCTION. MASSIVE VIEW.

Standout features identified

Our analysis highlights massive view, heated tile floors, and custom white oak cabinetry as key attractions of this home.

Estimated monthly payment

Based on current rates

$18,363/month

Principal & Interest$14,431

Property Tax$2,949

Insurance$983

Down payment20% ($589,800)

3%50%

Est. 6.19% rate · 30yr fixed · $2,359,200 loan

Full calculator →

At a glance

Key facts and listing details

TypeSingle Family Residence

Year Built2025

HeatingFireplace, 90%+ High Efficiency, Forced Air, Heat Pump, Recirculation Pump, Electric

CoolingForced Air, Heat Pump

Parking4 Garage spaces

Lot0.70 Acres

Days on Zillow229 Days

Price/sqft$614

Property

Home typeSingle Family

Sub-typeSingle Family Residence

Style2 Stories w/Bsmnt

Year built2025

Stories2

Systems

HeatingFireplace, 90%+ High Efficiency, Forced Air, Heat Pump, Recirculation Pump, Electric

CoolingForced Air, Heat Pump

RoofComposition

ConstructionCement Planked, Cement Plank

Water / SewerPublic, Company: Steilacoom / Sewer Connected, Company: Pierce County

Parking & Outdoor

ParkingDetached Garage

BasementUnfinished

Fireplaces2

Lot0.70 Acres

Location & Tax

Neighborhood98388

Annual tax$5,171

Parcel2978010010

Bathrooms & Fees

Full baths1

Features & details

15 categories of property features

Interior Features

Interior

Bath Off Primary

Ceiling Fan(s)

Dining Room

Pantry

Appliances

Dishwasher

Disposal

Double Oven

Microwave

Refrigerator

Stove(s)/Range(s)

Dishwasher(s)

Garbage Disposal

Microwave(s)

Refrigerator(s)

Water Heater: Gas`

Water Heater Location: Mechanical

Flooring

Ceramic Tile

Concrete

Engineered Hardwood

Heating

Fireplace

90%+ High Efficiency

Forced Air

Heat Pump

Recirculation Pump

Electric

Cooling

Forced Air

Heat Pump

Fireplace

Gas

Main Level: 2

Fireplace

Windows

Dbl Pane/Storm Window

Green/Energy

Double Wall

Exterior Features

Parking

Detached Garage

Construction

Cement Planked

Cement Plank

Patio & Porch

Bath Off Primary

Ceiling Fan(s)

Dbl Pane/Storm Window

Dining Room

Fireplace

Fireplace (Primary Bedroom)

Pantry

Vaulted Ceiling(s)

Walk-In Closet(s)

Water Heater

Wired for Generator

Lot Features

Cul-De-Sac

Dead End Street

Cable TV

Deck

Views

Bay

See Remarks

Sound

Utilities

Xfinity

Other Equipment

Wired for Generator

Room details

12 rooms detailed

Bedroom

Main

Bedroom

Second

Bedroom

Second

Bedroom

Second

Bathroom Three Quarter

Main

Bathroom Three Quarter

Main

Listing insights

Market data and value estimates

StatusFor Sale

Days on market229

Est. value$2,868,200

Est. rent$6,972/mo

Tax rate0.88%

Price/sqft$614

On marketAug 19, 2025

PostedAug 21, 2025

Last sold$900,000

MLS statusActive

MLS updatedMar 13, 2026

Tour days9

Favorites29

How are the schools in Steilacoom?

3 schools rated nearby

Cherrydale Elementary School

Elementary • Public • K-3

1.1 mi

Pioneer Middle School

Middle • Public • 6-8

6.3 mi

Steilacoom High School

High • Public • 9-12

0.4 mi

Location

Steilacoom, WA, 98388

Expand map

Price history

5 events

DateEventPrice$/sqftSource

Mar 24, 2026Price Change$930,000$194NWMLS as distributed by MLS GRID

Mar 13, 2026Price Change$2,949,000$614NWMLS as distributed by MLS GRID

Aug 21, 2025Listed For Sale$2,999,000$625NWMLS as distributed by MLS GRID

Jul 30, 2007Sold$900,000$187NWMLS as distributed by MLS GRID

May 18, 1981Sold$75,000$16Agent Provided

Price Change$930,000

Mar 24, 2026•$194/sqft•NWMLS as distributed by MLS GRID

Price Change$2,949,000

Mar 13, 2026•$614/sqft•NWMLS as distributed by MLS GRID

Listed For Sale$2,999,000

Aug 21, 2025•$625/sqft•NWMLS as distributed by MLS GRID

Sold$900,000

Jul 30, 2007•$187/sqft•NWMLS as distributed by MLS GRID

Sold$75,000

May 18, 1981•$16/sqft•Agent Provided

Tax history

19 years of records

YearTax paidAssessed value

Apr 7, 2024$5,171$610,100

Apr 7, 2023$6,390$742,100

Apr 7, 2022$6,546$766,000

Apr 7, 2021$6,600$665,200

Apr 7, 2019$6,452$544,300

Apr 7, 2018$6,506$582,600

Apr 7, 2017$5,754$511,500

Apr 7, 2016$5,310$474,200

Apr 7, 2014$5,310$413,600

Apr 7, 2013$7,936$644,000

Apr 7, 2012—$565,400

Apr 7, 2011—$688,300

Apr 7, 2010—$711,300

Apr 7, 2009—$740,200

Apr 7, 2008$10,238$801,200

Apr 7, 2007$10,238$1,001,800

Apr 7, 2002$5,722$439,300

Apr 7, 2001$5,380$439,300

Apr 7, 2000$5,380$410,300

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Neighborhood details

Local context around this listing

Steilacoom, WA • Pierce County

Nearby cities

Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway

Nearby zip codes

9830398388

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Value estimates

Live

Est. value$2,868,200

Est. rent$6,972/mo

30yr rate est.6.19%

Affordability$17,795/mo

Accepted financing

Conventional

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Based on information submitted to the MLS GRID as of 2026-04-07 06:13:26 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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