$375,000
Est. $2,077/moPrice reduced $35,000 from the original $410,000 asking price
16505 38th Street E, Lake Tapps, WA 98391
• Listed Jun 18, 2026•80 days active · 80 cumulative
Listing Broker: Gateway Real Estate; Lori L. Vandelac; 253-318-4412; lori@lorivandelac.com
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Listing Broker: Gateway Real Estate; Lori L. Vandelac; 253-318-4412; lori@lorivandelac.com
About this home
Bring your dream home to life on this incredible 1.2-acre parcel in Lake Tapps! Perfectly positioned for those who desire a private, serene escape without sacrificing convenience, this property offers an ideal location for an easy commute in any direction.Whether you have been dreaming of a custom estate or a hobby farm, this land is ready for you. The property is already set up to welcome a four-legged friends, featuring established fencing and plenty of space for your horse to roam. Embrace the best of both worlds: the peaceful, rural lifestyle you crave and the accessible location you need. Don't miss this rare opportunity to build exactly what you want in a highly sought-after community. Come envision your future—your canvas awaits!
Listed by Lori L. Vandelac • Gateway Real Estate
Listing updated: September 21, 2026 at 11:33pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2542013
Around this home
How much should you offer?
16505 38th Street E, Lake Tapps, WA 98391
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Res-Over 1 Acre
Schools
Ratings via SchoolDiggerSumner-Bonney Lake School District
- Crestwood ElementaryPublic · Grades PK-5 · State rank 281 of 1,1388/10
- Lakeridge Middle SchoolPublic · Grades 6-8 · State rank 52 of 51410/10
- Sumner Snr HighPublic · Grades High—
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 1.23 acres
- Lot square feet
- 53,366 sq ft
- Topography
- Level
- Lot number
- 7
- Lot details
- Paved, Sidewalk
Zoning & use
- Zoning description
- Residential
- Zoning jurisdiction
- County
- Possible use
- Residential
- Restrictions
- NO Manufactured Homes
- Improvements
- Barn,Driveway,Fenced-Fully,Stable
Utilities
- Utilities
- Electricity Available, Natural Gas Available
- Electricity
- Available
- Gas
- Available
- Water
- On Property
- Sewer
- Not Available
- Septic installed
- No
Road & access
- Road surface
- Paved
- Road information
- Paved
Surveys & reports
- Sketch submitted
- No
Water & irrigation
- Waterfront
- No
- Irrigation water rights
- No
Taxes & assessment
- Annual taxes
- $3,746
- Tax year
- 2025
- Senior exemption
- No
- Financing
- Cash, Conventional
- Seller disclosure
- Provided
- Preliminary title ordered
- Yes
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 16505 38th Street E
NWMLS via MLS Grid · Pierce County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Sep 22, 2026Price reducedNWMLS via MLS Grid · #2542013$375,000
- Jun 18, 2026ListedNWMLS via MLS Grid · #2542013$410,000
- Jul 5, 2013Recorded salePierce County recorder · Easement$4,000
- Jul 1, 1999Recorded salePierce County recorder · Easement$32,865
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$2,483 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Gateway Real Estate; Lori L. Vandelac; 253-318-4412; lori@lorivandelac.com
Market pulse
Lake Tapps is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 75 days.
Recent sales nearby
Within 1 mile · last 6 months$727,000 Sold
2 weeks ago
3 bd•3 ba•~1,962 sq ft•Single Family
3629 170th Avenue E, Lake Tapps, WA 98391
2%
Over list
24
Days on market
0.4 mi
Distance
$1,450,000 Sold
5 weeks ago
4 bd•3 ba•~2,020 sq ft•Single Family
3622 Deer Island Drive E, Lake Tapps, WA 98391
0%
Over list
30
Days on market
0.9 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 Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 21, 2026 at 4:54 AM PT (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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