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Listed by Lauri Mcleod • John L. Scott R.E. Lake Tapps.
FOR SALE

$1,875,000

Est. $10,386/mo

Price reduced $298,000 from the original $2,173,000 asking price

4 bd•3.75 ba•3,428 sq ft

4903 197th Avenue East, Lake Tapps, WA 98391

• Listed Aug 3, 2026•46 days active · 46 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: John L. Scott R.E. Lake Tapps; Lauri Mcleod; 253-468-3974; laurim@johnlscott.com

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Listing Broker: John L. Scott R.E. Lake Tapps; Lauri Mcleod; 253-468-3974; laurim@johnlscott.com

About this home

An extraordinary opportunity to own one of Lake Tapps' premier west facing waterfront properties. Set on 262 feet of coveted open water shoreline, this rare property offers an unparalleled combination of breathtaking sunsets, expansive level lot for exceptional privacy at the end of a quiet cu de sac. Designed for effortless lake living, this property offers a log boom for protected swimming, private boat launch, dock, newer boat lift, extra parking for boats or RV, hot tub, sprinklers, outbuilding, security and firepit. Expansive waterproof deck with sleek glass railings is ideal for entertaining, while a retractable awning provides shade for comfortable outdoor living. Cement shake siding and board and batten accents enhance the home's timeless appeal. Lovingly maintained and thoughtfully updated, the open concept interior captures lake views from nearly every room. The light filled great room flows into the beautifully remodeled kitchen featuring a walnut center island with seating, soft close cabinetry, abundant storage, new Thermador gas range with electric oven. Additional updates include refinished hardwood floors, smart lighting, new blinds, five panel doors and newer heating/cooling. Spacious primary offers a fireplace, deck access, dual vanities, soaking tub, walk in shower and closet plus second laundry.. The lower level is ideal for multigenerational living or guests, with a full kitchen, laundry, 2 rec rooms, 2 bedrooms and 1.75 baths. Attached 2 car garage.

Property type
Single Family
Year built
1976
Interior
3,428 sq ft
Lot size
0.3581 acres
Parking
2-car garage
Price / sq ft
$547
HeatingForced Air, Heat Pump
CoolingForced Air, Heat Pump
Property taxes$20,496/yr (est.)
HOA dues$510 / year ($43/mo)
School districtSumner-Bonney Lake

Listed by Lauri Mcleod • John L. Scott R.E. Lake Tapps

Listing updated: October 8, 2026 at 06:26am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2563667

Around this home

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4903 197th Avenue East, Lake Tapps, WA 98391

List price
$1,875,000
Down payment
$375,000

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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

Interior features

  • Second Kitchen
  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • Fireplace (Primary Bedroom)
  • French Doors
  • High Tech Cabling
  • Security System
  • SMART Wired
  • Walk-In Closet(s)
  • Wine/Beverage Refrigerator
  • Wired for Generator
  • 3 fireplaces (gas)
  • Daylight, Finished basement

Kitchen

  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 4 bedrooms total
  • 2 on the main level
  • 2 on the lower level

Bathrooms

  • 3 full bathrooms
  • 1 three-quarter bathroom (shower, no tub)
  • 3.75 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • 1 Story w/Bsmnt.
  • 3,428 sq ft finished

Flooring

  • Ceramic Tile
  • Hardwood
  • Vinyl Plank
  • Carpet

Heating & cooling

  • Forced Air heating
  • Heat Pump heating
  • Forced Air cooling
  • Heat Pump cooling

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Lot dimensions
36x212x200x121
Topography
Level
Vegetation
Fruit Trees, Garden Space
Lot number
32

Systems

Energy source
Natural Gas
Power production
Natural Gas
Power company
PSE
Water company
City of Bonney Lake
Sewer company
City of Bonney Lake
Gas company
PSE
Garbage service
Murreys
Irrigation water rights
No
Internet connected
Xfinity
Cable connected
Xfinity

Rooms & extras

Bathtubs
3
Showers
4
Fireplaces on main
2
Fireplaces lower level
1

New construction

Square footage source
Tax records
Lot size source
Tax records
Effective year built source
Public Records

Manufactured home

Land lease
No

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.

Members

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Sun and shade

How many hours of direct sun each part of this lot gets on the day you pick. Hover the map to read a spot.

0 h11.0 h

Daylight 7:30 AM to 6:30 PM Pacific, 11.0 hours

Sun and shadows come from terrain and mapped buildings. Trees are not shown, so a yard under big trees can be shadier than this map. Sun map by ShadeMap.

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Sales & Tax Records for 4903 197th Avenue East

NWMLS via MLS Grid

Every 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.

  1. Oct 8, 2026
    Price reduced
    NWMLS via MLS Grid · #2563667
    $1,875,000
    $547/sq ft
  2. Aug 3, 2026
    Listed
    NWMLS via MLS Grid · #2563667
    $2,173,000
    $634/sq ft

Mortgage payment forecast

$12,605 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: 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%.

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Listing Broker: John L. Scott R.E. Lake Tapps; Lauri Mcleod; 253-468-3974; laurim@johnlscott.com

Market pulse

Lake Tapps is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 64 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $1,852,500 Sold

    1 week ago

    3 bd•3.5 ba•~3,716 sq ft•Single Family

    18810 51st E, Lake Tapps, WA 98391

    0%

    Over list

    —

    Days on market

    0.6 mi

    Distance

  • $540,000 Sold

    5 weeks ago

    3 bd•2.75 ba•~1,900 sq ft•Single Family

    19010 63rd Street E, Lake Tapps, WA 98391

    4%

    Under list

    140

    Days on market

    0.8 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 8, 2026 at 06:26am (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.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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