Sold1001d on market
5302 S Island Drive E
Bonney Lake, WA, 98391 • 98391 • Pierce County
$1,940,000
$386/sqft
5Beds
4Baths
5,024Sqft
0.28 acLot
2007Built
Property DNA
Waterfront Property
Bank-Low
Lake Views
Lake
Traditional Style
Built 2007 · 19 years of history
Inlet Island
98391
Outdoor Living
Ceramic Tile · Hardwood · Wall to Wall Carpet · Laminate Hardwood · Second Kitchen · Wet Bar · Built-In Vacuum · Double Pane/Storm Window · Sprinkler System · Dining Room · Fireplace (Primary Bedroom) · French Doors · Jetted Tub · Loft · Vaulted Ceiling(s) · Walk-In Pantry · Walk-In Closet(s) · Fireplace · Water Heater
3 Fireplaces
Gas · Lower Level: 1 · Main Level: 1 · Upper Level: 1 · Fireplace
3-Car Garage
Attached Garage
Ceramic Tile & Hardwood Floors
Quality flooring throughout
This home is getting attention
Listed 1001 days ago · 14 views · 1 saves
Market activity
Demand and pricing signals for this listing
14 views
People checking out this listing
1 saves
Buyers have saved this home
1001 days on market
Established listing
$386/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 31% 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
Single Family · Built 2007
Huge Price Improvement! Spectacular waterfront home on coveted Lake Tapps. Resort style living w/70' open waterfront, private dock, stunning sunrises & majestic views of Mt. Rainier. Private gated entrance welcomes you to this grand residence w/vaulted ceilings, Swarovski crystal chandeliers, gleaming hardwoods, well-appointed chef's kitchen & office on the main. Upper floor features spacious bedrooms w/California Closets, landing area & luxurious primary suite w/spa-like bathroom. Downstairs is perfect for multi-generational living w/two bedrooms & kitchen. Rare 12,000+ corner lot w/immaculate 3-car garage. Private beach access, boat launch, park, clubhouse, sport court & playground. Experience life on the lake just in time for summer!
Standout features identified
Our analysis highlights open waterfront, spectacular waterfront home, and private gated entrance as key attractions of this home.
Estimated monthly payment
Based on current rates
$12,097/month
Principal & Interest$9,493
Property Tax$1,940
Insurance$647
HOA$17
Down payment20% ($388,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,552,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built2007
HeatingFireplace, Forced Air, Natural Gas
Parking3 Attached Garage spaces
HOA$200 annually
Lot0.28 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleTraditional
ConditionVery Good
Year built2007
Stories2
Systems
HeatingFireplace, Forced Air, Natural Gas
RoofComposition
ConstructionCement/Concrete, Wood Siding
Water / SewerPublic, Company: City of Bonney lake / Sewer Connected, Company: City of Bonney lake
Parking & Outdoor
ParkingAttached Garage
Garage3 spaces
BasementFinished
Fireplaces3
Lot0.28 Acres
Location & Tax
Neighborhood98391
Annual tax$17,018
Parcel4720001360
Bathrooms & Fees
Full baths3
HOA$17/mo
Features & details
11 categories of property features
Interior Features
Interior
Central Vacuum
Dining Room
Loft
Appliances
Dishwasher_
Dryer
GarbageDisposal_
Microwave_
Refrigerator_
StoveRange_
Washer
Dishwasher
Garbage Disposal
Microwave
Refrigerator
StoveRange
Water Heater: Gas
Water Heater Location: Garage
Flooring
Ceramic Tile
Hardwood
Laminate
Carpet
Heating
Fireplace
Forced Air
Natural Gas
Fireplace
Gas
Lower Level: 1
Main Level: 1
Upper Level: 1
Fireplace
Windows
Double Pane/Storm Window
Exterior Features
Parking
Attached Garage
Construction
Cement/Concrete
Wood Siding
Patio & Porch
Ceramic Tile
Hardwood
Wall to Wall Carpet
Laminate Hardwood
Second Kitchen
Wet Bar
Built-In Vacuum
Double Pane/Storm Window
Sprinkler System
Dining Room
Fireplace (Primary Bedroom)
French Doors
Jetted Tub
Loft
Vaulted Ceiling(s)
Walk-In Pantry
Walk-In Closet(s)
Fireplace
Water Heater
Community
Boat Launch
CCRs
Clubhouse
Park
Views
Lake
Room details
17 rooms detailed
Master Bedroom
SecondBedroom
SecondBedroom
SecondBedroom
LowerBedroom
LowerBathroom Three Quarter
MainListing insights
Market data and value estimates
StatusSold
Days on market1001
Est. value$2,069,600
Est. rent$4,741/mo
Tax rate0.88%
Price/sqft$386
On marketFeb 9, 2024
PostedJun 22, 2023
Last sold$1,940,000
MLS statusSold
MLS updatedFeb 29, 2024
Tour days6
Views14
Favorites1
How are the schools in Bonney Lake?
3 schools rated nearby
Location
Bonney Lake, WA, 98391
Price history
8 events
DateEventPrice$/sqftSource
Jul 11, 2023Sold$1,940,000$386NWMLS as distributed by MLS GRID
Jun 29, 2023Pending Sale$1,999,500$398NWMLS as distributed by MLS GRID
Jun 22, 2023Listed For Sale$1,999,500$398NWMLS as distributed by MLS GRID
Oct 22, 2008Sold$700,000$139NWMLS as distributed by MLS GRID
May 23, 2008Sold$750,000$149Public Record
Aug 28, 2006Sold$429,000$85Public Record
Mar 31, 2004Sold$221,000$44Public Record
Sep 29, 1998Sold$207,550$41Public Record
Sold$1,940,000
Jul 11, 2023•$386/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,999,500
Jun 29, 2023•$398/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,999,500
Jun 22, 2023•$398/sqft•NWMLS as distributed by MLS GRID
Sold$700,000
Oct 22, 2008•$139/sqft•NWMLS as distributed by MLS GRID
Sold$750,000
May 23, 2008•$149/sqft•Public Record
Sold$429,000
Aug 28, 2006•$85/sqft•Public Record
Sold$221,000
Mar 31, 2004•$44/sqft•Public Record
Sold$207,550
Sep 29, 1998•$41/sqft•Public Record
Tax history
14 years of records
YearTax paidAssessed value
Apr 8, 2024$22,175$1,963,000
Apr 8, 2023$19,785$1,948,800
Apr 8, 2022$17,018$1,734,000
Apr 8, 2021$15,723$1,348,500
Apr 8, 2019$11,324$1,021,200
Apr 8, 2018$12,585$920,000
Apr 8, 2017$10,719$899,300
Apr 8, 2016$10,095$720,400
Apr 8, 2014$10,095$714,100
Apr 8, 2013$8,591$647,500
Apr 8, 2012—$560,500
Apr 8, 2011—$653,600
Apr 8, 2010—$674,500
Apr 8, 2009—$732,200
Nearby homes
Neighborhood details
Local context around this listing
Bonney Lake, WA • Pierce County
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
9835298391
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Based on information submitted to the MLS GRID as of 2026-04-08 01:44:20 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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