Discover luxury at this stunning waterfront estate on Lake Tapps in the exclusive Snag Island community. Nestled on a gated peninsula with breathtaking lake views, it blends elegance and tranquility. Enjoy expansive living spaces, a gourmet kitchen, home theater, office with library, and premium finishes—perfect for entertaining or relaxation. Features a huge RV garage, 7+ car parking, Big Detached ADU, hot tub, waterfall, and pond. With 285’ of private lake frontage, three docks, a private boat launch, and a thrilling water slide, it’s an adventurer’s dream. Surrounded by lush grounds and close to amenities, this is Lake Tapps living at its finest—your dream home awaits!
Sold
Listed by: PRO RLTYSRVCS Eastside
Bought with: RE/MAX Extra Inc.
$4,500,000
20706 Snag Island Drive E, Lake Tapps, WA 98391
10beds
11,060sqft
Single Family Residence
Built in 1997
2 Acres Lot
$4,425,600 Zestimate®
$407/sqft
$2,252 Estimated rent
Home value
$4,425,600
$4.12M - $4.78M
$2,252/mo
Zestimate® history
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$2,252/mo
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$28,469/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Derick Wagner,
PRO RLTYSRVCS Eastside
Bought with:
Don M. Goethals, 5573
RE/MAX Extra Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2361122
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 14
- Full bathrooms: 11
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Primary bedroom
- Description: Detached ADU Primary
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Lower
Bathroom full
- Description: Detached ADU Primary
- Level: Main
Bathroom full
- Description: Detached ADU 2nd floor
Bathroom full
- Description: Detached ADU 2nd Floor
Other
- Level: Main
Other
- Description: Detached ADU Upstairs
Other
- Description: Detached ADU Upstairs
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Kitchen with eating space
- Description: Down stairs
- Level: Lower
Kitchen without eating space
- Description: Detached ADU Kitchen
- Level: Main
Living room
- Level: Main
Rec room
- Description: Theater room
Rec room
- Description: Weight Room
Utility room
- Level: Main
Utility room
- Description: Primary bedroom closet
- Level: Main
Utility room
- Description: Detached ADU Utility
- Level: Main
Heating
- Fireplace, Radiant, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher(s), Disposal, Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Trash Compactor, Washer(s), Garbage Disposal, Water Heater: 2 Tanks, Water Heater Location: Basement
Features
- Flooring: Ceramic Tile, Carpet
- Basement: Finished
- Number of fireplaces: 5
- Fireplace features: Gas, Wood Burning, Lower Level: 1, Main Level: 4, Fireplace
Interior area
- Total structure area: 11,060
- Total interior livable area: 11,060 sqft
Property
Parking
- Total spaces: 10
- Parking features: Driveway, Attached Garage, Detached Garage, RV Parking
- Attached garage spaces: 10
Features
- Levels: Multi/Split
- Entry location: Main
- Patio & porch: Ceramic Tile, Fireplace, Water Heater
- Has spa: Yes
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
- Frontage length: Waterfront Ft: 285
Lot
- Size: 2.00 Acres
- Features: Dead End Street, Secluded, Boat House, Cable TV, Deck, Dock, Gas Available, Gated Entry, High Speed Internet, Hot Tub/Spa, Irrigation, Outbuildings, RV Parking, Shop, Sprinkler System
- Topography: Level,Partial Slope
- Residential vegetation: Garden Space, Wooded
Details
- Additional structures: ADU Beds: 3, ADU Baths: 3
- Parcel number: 0520225015
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Brick, Cement Planked, Stucco, Cement Plank
- Foundation: Poured Concrete, Slab
- Roof: Tile
Condition
- Very Good
- Year built: 1997
- Major remodel year: 1997
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Individual Well, Company: Well
- Utilities for property: Comcast
Community & neighborhood
Community
- Community features: Boat Launch, CCRs, Gated
Location
- Region: Lake Tapps
- Subdivision: Snag Island
HOA & financial
HOA
- HOA fee: $1,000 annually
- Association phone: 253-370-8276
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 285 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2025 | Sold | $4,500,000$407/sqft |
Source:  NWMLS as distributed by MLS GRID #2361122 Report a problem | ||
| 4/17/2025 | Pending sale | $4,500,000+100%$407/sqft |
Source: NWMLS as distributed by MLS GRID #2361122 Report a problem | ||
| 9/6/2016 | Sold | $2,250,000-13.5%$203/sqft |
Source: NWMLS as distributed by MLS GRID #915963 Report a problem | ||
| 8/23/2016 | Listed for sale | $2,600,000$235/sqft |
Source: KW/Puget Sound #915963 Report a problem | ||
| 8/17/2016 | Pending sale | $2,600,000$235/sqft |
Source: KW/Puget Sound #915963 Report a problem | ||
| 7/23/2016 | Listed for sale | $2,600,000$235/sqft |
Source: KW/Puget Sound #915963 Report a problem | ||
| 7/20/2016 | Pending sale | $2,600,000$235/sqft |
Source: KW/Puget Sound #915963 Report a problem | ||
| 7/16/2016 | Listed for sale | $2,600,000$235/sqft |
Source: KW/Puget Sound #915963 Report a problem | ||
| 7/13/2016 | Pending sale | $2,600,000$235/sqft |
Source: KW/Puget Sound #915963 Report a problem | ||
| 7/2/2016 | Listed for sale | $2,600,000$235/sqft |
Source: KW/Puget Sound #915963 Report a problem | ||
| 7/1/2016 | Pending sale | $2,600,000$235/sqft |
Source: KW/Puget Sound #915963 Report a problem | ||
| 4/2/2016 | Listed for sale | $2,600,000+4%$235/sqft |
Source: KW/Puget Sound #915963 Report a problem | ||
| 6/21/2005 | Sold | $2,500,000$226/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $42,794 +24.5% | $4,128,500 +19.8% |
| 2023 | $34,372 -10.8% | $3,446,100 -12.2% |
| 2022 | $38,545 +5.7% | $3,926,000 +22% |
| 2021 | $36,467 +21.4% | $3,218,500 +26.9% |
| 2019 | $30,039 -8.8% | $2,537,200 +8% |
| 2018 | $32,932 +26.1% | $2,349,200 +11% |
| 2017 | $26,122 +9.5% | $2,116,900 +37.1% |
| 2016 | $23,861 | $1,543,600 +2.9% |
| 2014 | $23,861 -4% | $1,500,300 +4.5% |
| 2013 | $24,845 | $1,435,700 -4.4% |
| 2012 | -- | $1,501,300 -1.1% |
| 2011 | -- | $1,517,400 -15.7% |
| 2010 | -- | $1,799,400 |
Find assessor info on the county website
Neighborhood: 98391
Nearby schools
GreatSchools rating
- 8/10Dieringer Heights Elementary SchoolGrades: K-5Distance: 1.2 mi
- 8/10North Tapps Middle SchoolGrades: 6-8Distance: 2.6 mi
- 8/10Lake Tapps Elementary SchoolGrades: 1-3Distance: 3.1 mi
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Estimated market value
$4,425,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$4,425,600
- Washington
- Pierce County
- Bonney Lake
- 98391
- 20706 Snag Island Drive E
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