$1,600,000
Listed at $1,599,9994 bd•2.5 ba•3,946 sq ft
20204 Island Parkway E, Lake Tapps, WA 98391
• Listed 2025-10-01
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Based on information submitted to the MLS GRID as of April 27, 2026 at 04:04am (date and time MLS GRID Data was obtained). 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.
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Move-in ready Lake Tapps home in the desirable Dieringer School District! W/4-bedroom potential~including a main floor bonus & versatile upstairs library, this home is designed for flexibility. Recent updates include fresh interior paint, a remodeled primary bath, upgraded laundry/mud room w/walk-in shower, custom blinds, & a new roof & gutters. Relax on the wraparound covered porch, Trex deck, or stamped concrete patio while taking in breathtaking Mt. Rainier & lake views. Don't miss the boat lift too! Steps lead directly to the water, plus a hot tub for year-round enjoyment. Resort-style amenities include private roads, security, pool, beaches, boat launch, tennis & pickleball courts, and an island nature trail. Lake & Golf Lifestyle.
Listed by Jamie Penrod • Renaissance Real Estate LLC
Listing updated: April 27, 2026 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2439567
$1,310,000
-$290,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.07M and $1.62M.
Rental earnings
$3,925/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$1,615,542Last sold price
1412 Lot 4 180th Avenue Ct E, Lake Tapps, WA 98391

$1,067,990Last sold price
6402 213th (lot 1) Avenue Ct E, Bonney Lake, WA 98391
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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Lake Tapps is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 11 days.
$6,000,000 Sold
3 weeks ago
5 bd•5.5 ba•~10,887 sq ft•Single Family
21028 Snag Island Drive E, Lake Tapps, WA 98391
23%
Under list
—
Days on market
0.6 mi
Distance
$1,600,000 Sold
4 months ago
4 bd•2.5 ba•~3,946 sq ft•Single Family
20204 Island Parkway E, Lake Tapps, WA 98391
0%
Over list
—
Days on market
0.1 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.