Completely reimagined for modern waterfront living, this exceptional Lake Tapps retreat has been extensively updated with a level of quality & intentional design that is rarely found. This home features 2 bedrooms plus an office w/closet. Renovated in 2022 by Island West Construction, the home offers peace of mind with new PEX plumbing, a generator-ready electrical panel, new windows, & curated interior by Double Eagle Interiors featuring an oversized quartz island, custom illuminated cabinetry, updated tile, trim, & designer finishes throughout. The primary suite is a true sanctuary, complete with heated flooring in the en-suite bath for elevated everyday comfort. Every major system has been thoughtfully addressed, including a new roof in 2023 & a 50-gallon Rheem gas water heater installed in 2024. Outdoor living is where this property truly shines. Designed for effortless entertaining, the expansive 16x30 composite deck is plumbed with natural gas for a fire bowl & barbecue, while a lakeside gazebo with water & power creates an ideal setting for gatherings. Enjoy seamless access to the water with newly installed Wave Armor floating docks, a covered slip with Sunbrella canopy, a Sunstream 9,000-pound hydraulic boat lift. Additional features include a hot tub with pergola, in-ground sprinkler system, garden & boat sheds, & a fully fenced yard completed in 2025. A rare opportunity to own a turnkey waterfront lifestyle—where every detail has already been elevated.
Active
Listed by: eXp Realty
$1,598,000
5114 Jenks Point Way E, Lake Tapps, WA 98391
2beds
1,878sqft
Est.:
Single Family Residence
Built in 1975
0.26 Acres Lot
$1,540,100 Zestimate®
$851/sqft
$42/mo HOA
What's special
In-ground sprinkler systemHot tub with pergolaFully fenced yardOversized quartz islandCustom illuminated cabinetryGarden and boat sheds
- 1 day |
- 222 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Kimberly Fraser,
eXp Realty
Source: NWMLS as distributed by MLS GRID,MLS#: 2508297
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom
- Level: Lower
Bathroom full
- Level: Lower
Bathroom full
- Level: Main
Other
- Level: Main
Den office
- Level: Lower
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Lower
Heating
- Fireplace, 90%+ High Efficiency, Forced Air, Electric, Natural Gas
Cooling
- 90%+ High Efficiency, Forced Air
Appliances
- Included: Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s)
Features
- Bath Off Primary, Dining Room
- Flooring: Ceramic Tile, Vinyl Plank, Carpet
- Doors: French Doors
- Windows: Dbl Pane/Storm Window
- Basement: Daylight,Finished
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,878
- Total interior livable area: 1,878 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, RV Parking
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Walk-In Closet(s), Wired for Generator
- Has spa: Yes
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Low Bank, Lake
- Frontage length: Waterfront Ft: 70
Lot
- Size: 0.26 Acres
- Features: Dead End Street, Paved, Cabana/Gazebo, Cable TV, Deck, Dock, Fenced-Partially, Gas Available, High Speed Internet, Hot Tub/Spa, Patio, RV Parking, Sprinkler System
- Topography: Partial Slope,Terraces
Details
- Parcel number: 5065300050
- Special conditions: Standard
- Other equipment: Wired for Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story w/Bsmnt.
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 1975
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: City of Bonney Lake
- Utilities for property: Comcast, Comcast
Community & HOA
Community
- Features: Boat Launch, Park, Playground
- Subdivision: Lake Tapps
HOA
- HOA fee: $500 annually
Location
- Region: Lake Tapps
Financial & listing details
- Price per square foot: $851/sqft
- Tax assessed value: $921,500
- Annual tax amount: $11,790
- Date on market: 4/16/2026
- Cumulative days on market: 3 days
- Listing terms: Conventional,VA Loan
- Inclusions: Dishwasher(s), Double Oven, Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$1,540,100
$1.46M - $1.62M
$2,797/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Listed for sale | $1,598,000+257.5%$851/sqft |
Source: eXp Realty #2508297 Report a problem | ||
| 3/31/2010 | Sold | $447,000+1.6%$238/sqft |
Source:  NWMLS as distributed by MLS GRID #26422 Report a problem | ||
| 2/20/2010 | Price change | $439,900-12%$234/sqft |
Source: foreclosure.com Report a problem | ||
| 2/19/2010 | Listed for sale | -- |
Source: foreclosure.com Report a problem | ||
| 10/23/2009 | Listing removed | $499,950-1.6%$266/sqft |
Source: Windermere-Puyallup/Canyon Road, LLC #28109872 Report a problem | ||
| 10/22/2009 | Listed for sale | $508,000+8.1%$271/sqft |
Source: Windermere-Puyallup/Canyon Road, LLC #28109872 Report a problem | ||
| 8/18/2009 | Listing removed | $469,950$250/sqft |
Source: Windermere-Puyallup/Canyon Road, LLC #29056767 Report a problem | ||
| 8/18/2009 | Price change | $469,950-7.5%$250/sqft |
Source: Windermere-Puyallup/Canyon Road, LLC #29056767 Report a problem | ||
| 5/16/2009 | Listed for sale | $508,000+1.6%$271/sqft |
Source: Windermere-Puyallup/Canyon Road, LLC #29056767 Report a problem | ||
| 2/5/2009 | Listing removed | $500,000$266/sqft |
Source: NCI #28109872 Report a problem | ||
| 10/13/2008 | Listed for sale | $500,000-28.5%$266/sqft |
Source: NCI #28109872 Report a problem | ||
| 7/10/2008 | Listing removed | $699,000$372/sqft |
Source: Postlets #28088819 Report a problem | ||
| 5/28/2008 | Listed for sale | $699,000+117.6%$372/sqft |
Source: Postlets #28088819 Report a problem | ||
| 8/30/2002 | Sold | $321,250$171/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,804 +17.6% | $921,500 +6.3% |
| 2023 | $9,186 -1.4% | $867,100 -4.7% |
| 2022 | $9,317 -2.7% | $910,200 +15.7% |
| 2021 | $9,576 +44.8% | $786,900 +40.4% |
| 2019 | $6,615 -6.2% | $560,400 +10.1% |
| 2018 | $7,052 +14.3% | $509,100 +6.4% |
| 2017 | $6,171 +13.4% | $478,600 +34.5% |
| 2016 | $5,442 | $355,800 -1.9% |
| 2014 | $5,442 +12.9% | $362,600 +16.3% |
| 2013 | $4,822 | $311,700 +5% |
| 2012 | -- | $296,800 -11% |
| 2011 | -- | $333,300 -0.5% |
| 2010 | -- | $335,000 -22.6% |
| 2009 | -- | $432,700 -15.8% |
| 2008 | $5,241 | $513,800 +9.4% |
| 2007 | $5,241 +45% | $469,600 +109.4% |
| 2002 | $3,615 -2.3% | $224,300 |
| 2001 | $3,701 | $224,300 +2.2% |
| 2000 | $3,701 | $219,500 |
Find assessor info on the county website
Monthly payment
Est. payment
$9,016/mo
Principal & interest
$7802
Property taxes
$1172
HOA Fees
$42
More affordability tools
Climate risks
Neighborhood: 98391
Nearby schools
GreatSchools rating
- 7/10Crestwood Elementary SchoolGrades: PK-5Distance: 1.2 mi
- 7/10Lakeridge Middle SchoolGrades: 6-8Distance: 0.7 mi
- 7/10Sumner Senior High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Emerald Hills Elem
- Middle: Lakeridge Middle
- High: Sumner Snr High
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.
A local lender can help you make sure your offer is ready when you are.
- Washington
- Pierce County
- Bonney Lake
- 98391
- 5114 Jenks Point Way E
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