$600,000
Est. $3,059/mo3 bd•2.5 ba•1,483 sq ft
4840 N Island Drive E, Bonney Lake, WA 98391
• Listed 2026-06-25•18 days on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of July 10, 2026 at 02:17pm (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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Just in time for summer—enjoy beautiful Lake Tapps just steps from your new home! This charming 3-bedroom home on Inlet Island features vaulted ceilings, newer stainless steel appliances, and durable laminate flooring throughout. Stay comfortable year-round with air conditioning, and enjoy the convenience of a 2-car garage, ample parking for your RV, boat, or guests, plus your own private hot tub. Take in beautiful lake views from the front porch, living room, and primary suite. Just a short stroll away, the private community park offers a boat launch, playground, clubhouse, and waterfront park—everything you need to make the most of lake living. Move-in ready and full of potential, this home is waiting for you to add your own personal style and make it your own!
Listed by Desi Heikell • eXp Realty
Listing updated: July 10, 2026 at 02:17pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2546270
Open houses
3 datesNearby open houses (7)
See more →$588,000
-$12,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $479K and $705K.
Rental earnings
$1,775/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$555,000Last sold price
19013 63rd Street E, Lake Tapps, WA 98391
$680,000Last sold price
19511 Church Lake Road 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.
4840 N Island Drive E, Bonney Lake, WA 98391
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.
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Bonney Lake 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.
$405,000 Sold
3 months ago
•
Open Wed, Jul 29 +4
Open Sat, Aug 1 +1
Open Sun, Aug 26707 W Lake Tapps Highway E, Lake Tapps, WA 98391
10%
Under list
—
Days on market
0.7 mi
Distance
$1,099,950 Sold
3 months ago
5 bd•2 ba•~3,421 sq ft•Single Family
21005 67th Street Ct E, Bonney Lake, WA 98391
0%
Over list
—
Days on market
0.6 mi
Distance
$810,000 Sold
4 months ago
5 bd•3.5 ba•~2,966 sq ft•Single Family
20705 64th (lot 11) Street E, Bonney Lake, WA 98391
2%
Under list
—
Days on market
0.6 mi
Distance
$715,000 Sold
4 months ago
3 bd•2 ba•~1,747 sq ft•Single Family
21010 68th Street Court E, Bonney Lake, WA 98391
1%
Under list
—
Days on market
0.7 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
Sumner-Bonney Lake School District
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.
