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University Place, WA, 98466 • 98466 • Pierce County
$561/sqft
Down payment assistance available
5Beds
5Baths
3,366Sqft
0.28 acLot
1915Built
Waterfront Property
Low Bank, Bayfront, Bulkhead, Saltwater, Sound
Scenic Views
Bay · Sound
2 Stories w/Bsmnt Style
Built 1915 · 111 years of history
Day Island
98466
Outdoor Living
Second Kitchen · Bath Off Primary · Ceiling Fan(s) · Dbl Pane/Storm Window · Dining Room · Fireplace · Pantry · Skylight(s) · Walk-In Closet(s) · Water Heater
2 Fireplaces
Electric · See Remarks · Lower Level: 1 · Main Level: 1 · Fireplace
Special Features
ADU Beds: 1 · ADU Baths: 1
Garage
Driveway · Attached Garage · RV Parking
This home is getting attention
Listed 5 days ago · 675 views · 31 saves
Demand and pricing signals for this listing
675 views
People checking out this listing
31 saves
Buyers have saved this home
5 days on market
Just listed — act fast
$561/sqft
Price per square foot
Single Family · Built 1915 · Historic
This beautifully updated low-bank waterfront home on Day Island offers immersive views of the Puget Sound and Olympic Mountains. This exceptional property includes a lower-level mother-in-law apartment and offers a unique blend of luxury and versatility. The main floor features two junior suites with full bathrooms, both with stunning water views. The spacious eat-in kitchen opens to a dining area and a living room with a fireplace, all designed to maximize the unobstructed views and a deck to surround yourself in the natural beauty. Upstairs is utilized as the 3rd bedroom & office space & has already been plumbed for an additional bathroom. On the lower level you will find a private mother-in-law/ADU with its own entrance, full kitchen, bedroom, 3/4 bathroom, laundry, hot water tank and a cozy living room with pine wood paneling, waterfront views and direct access to the 62 Ft of waterfront. The detached Studio features a sink and toilet, with a fully insulated glass garage door that opens to create a perfect indoor-outdoor entertaining space, and the adjacent storeroom provides a space for additional improvement. Two-car attached garage with an EV charger, plus RV parking and a driveway that accommodates four additional vehicles. Day Island offers the convenience of being close to town and within an award-winning school district, yet it feels miles away from the city; a perfect blend of tranquility & accessibility! It truly is a magical place!
Standout features identified
Our analysis highlights stunning water views, lower-level mother-in-law apartment, and spacious eat-in kitchen as key attractions of this home.
Based on current rates
Est. 6.26% rate · 30yr fixed · $1,512,000 loan
Full calculator →Key facts and listing details
14 categories of property features
13 rooms detailed
Master Bedroom
MainBedroom
LowerBedroom
SecondBedroom
MainBathroom Full
MainBathroom Three Quarter
LowerMarket data and value estimates
3 schools rated nearby
University Place, WA, 98466
7 events
19 years of records
Local context around this listing
University Place, WA • Pierce County
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-14 23:19:34 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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