One of Lake Tapps’ most extraordinary waterfront estates, this rare Snag Island property offers 2.56 private acres with an incredible 290 feet of no-bank frontage and sweeping western-facing open water views. The impressive lodge-style residence spans over 7,000 square feet and showcases soaring two-story vaulted ceilings, rich wood and stone accents, and expansive windows framing breathtaking lake views throughout. Designed for both luxurious living and unforgettable entertaining, the home features 5 bedrooms, 4 bathrooms, an exercise room, and an oversized bonus room complete with a second kitchen—ideal for gatherings or extended living. The expansive chef’s kitchen overlooks the lake and flows seamlessly into the grand living spaces. Outdoors, the impeccably landscaped grounds create a resort-like retreat with an in-ground swimming pool, tranquil water features, and a covered outdoor BBQ area with fireplace for year-round entertaining. Additional highlights include five fireplaces, a massive 2,400 sq ft six-car attached garage with portico entry, and a 1,886 sq ft detached RV garage offering exceptional storage. Gated entry, abundant parking, private dead-end lane, covered dock slip with lift, and located within the highly sought-after Dieringer School District. Truly a one-of-a-kind property.
Pending
Listed by: eXp Realty • Kimberly Fraser
Price cut: $500K (6/2)
$3,998,000
21102 Snag Island Drive E, Lake Tapps, WA 98391
3beds
7,021sqft
Single Family Residence
Built in 1979
2.56 Acres Lot
$3,683,700 Zestimate®
$569/sqft
$79/mo HOA
What's special
In-ground swimming poolAbundant parkingExercise roomFive fireplacesWaterfront estatesResort-like retreatImpressive lodge-style residence
- 80 days |
- 2,206 |
- 105 |
Zillow last checked:
Listing updated:
Listed by:
Kimberly Fraser,
eXp Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2506511
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 3
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Primary bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Second
Bathroom full
- Level: Second
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Other
- Level: Main
Other
- Level: Main
Other
- Level: Second
Other
- Level: Second
Bonus room
- Level: Second
Den office
- Level: Second
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Kitchen without eating space
- Level: Second
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, 90%+ High Efficiency, Forced Air, Electric, Natural Gas
Cooling
- Forced Air
Appliances
- Included: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room, Pantry
- Flooring: Ceramic Tile, Hardwood, Vinyl
- Windows: Dbl Pane/Storm Window
- Basement: None
- Number of fireplaces: 5
- Fireplace features: Gas, Wood Burning, Main Level: 3, Upper Level: 2, Fireplace
Interior area
- Total structure area: 7,021
- Total interior livable area: 7,021 sqft
Video & virtual tour
Property
Parking
- Total spaces: 12
- Parking features: Attached Carport, Driveway, Attached Garage, Detached Garage, RV Parking
- Has attached garage: Yes
- Has carport: Yes
- Covered spaces: 12
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Second Kitchen, Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), Jetted Tub, Pantry, Security System, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s)
- Pool features: In Ground, In-Ground
- Has spa: Yes
- Spa features: Bath
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake, No Bank
- Frontage length: Waterfront Ft: 290
Lot
- Size: 2.56 Acres
- Features: Dead End Street, Paved, Cable TV, Dock, Gas Available, Gated Entry, High Speed Internet, Hot Tub/Spa, Outbuildings, Outdoor Fireplace, Patio, RV Parking, Shop, Sprinkler System
- Topography: Level
Details
- Parcel number: 0520152008
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Story
- Property subtype: Single Family Residence
Materials
- Stone, Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 1979
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Individual Well, Company: Individual Well
- Utilities for property: Century Link, Century Link
Community & HOA
Community
- Features: Boat Launch
- Security: Security System
- Subdivision: Snag Island
HOA
- HOA fee: $950 annually
Location
- Region: Lake Tapps
Financial & listing details
- Price per square foot: $569/sqft
- Tax assessed value: $3,241,300
- Annual tax amount: $33,302
- Date on market: 4/19/2026
- Cumulative days on market: 79 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$3,683,700
$3.50M - $3.87M
$6,093/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/29/2026 | Pending sale | $3,998,000$569/sqft |
Source: | ||
| 6/2/2026 | Price change | $3,998,000-11.1%$569/sqft |
Source: eXp Realty #2506511 Report a problem | ||
| 5/20/2026 | Price change | $4,498,000-10%$641/sqft |
Source: | ||
| 5/4/2026 | Price change | $4,998,000-13.8%$712/sqft |
Source: | ||
| 4/17/2026 | Listed for sale | $5,800,000$826/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $33,514 +25.8% | $3,241,300 +21% |
| 2023 | $26,635 -11.7% | $2,678,500 -13.1% |
| 2022 | $30,174 +5.8% | $3,081,900 +22.1% |
| 2021 | $28,507 +21.1% | $2,523,100 +25.5% |
| 2019 | $23,542 -8% | $2,010,400 +8.9% |
| 2018 | $25,593 +10.6% | $1,846,600 +11.9% |
| 2017 | $23,136 +10.8% | $1,649,600 +21.7% |
| 2016 | $20,883 | $1,355,700 +2.8% |
| 2014 | $20,883 -4.7% | $1,318,200 +4% |
| 2013 | $21,918 | $1,267,200 -4.7% |
| 2012 | -- | $1,329,200 -1% |
| 2011 | -- | $1,343,200 -16.1% |
| 2010 | -- | $1,601,800 -19% |
| 2009 | -- | $1,978,200 -5% |
| 2008 | $21,604 | $2,082,900 +5.1% |
| 2007 | $21,604 +45.3% | $1,981,400 +97.8% |
| 2002 | $14,868 -1.8% | $1,001,700 |
| 2001 | $15,141 | $1,001,700 +4% |
| 2000 | $15,141 | $963,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 98391
Nearby schools
GreatSchools rating
- 8/10Dieringer Heights Elementary SchoolGrades: K-5Distance: 1 mi
- 8/10North Tapps Middle SchoolGrades: 6-8Distance: 1.9 mi
- 8/10Lake Tapps Elementary SchoolGrades: 1-3Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Dieringer Hs Elem
- Middle: North Tapps Mid
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- Pierce County
- Bonney Lake
- 98391
- 21102 Snag Island Drive E







