$2,037,000
Est. $10,483/mo4 bd•3.75 ba•3,428 sq ft
4903 197th Avenue East, Lake Tapps, WA 98391
• Listed 2026-08-03•New today
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 17, 2026 at 01:15pm (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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Talk to a local RexMont expert
Avg response under 5 mins
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.
Listed by Lauri Mcleod • John L. Scott R.E. Lake Tapps
Listing updated: August 17, 2026 at 01:15pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2563667
Open houses
4 datesNearby open houses (1)
See more →$1,997,000
-$40,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.07M and $1.7M.
Rental earnings
$6,000/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$1,480,000Last sold price
5632 195th Avenue E, Bonney Lake, WA 98391

$1,700,000Last sold price
20010 Island Parkway E, Lake Tapps, 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.
4903 197th Avenue East, Lake Tapps, 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.
Neighborhood mobility
$13,210 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
More homes in this area that match your range.

$1,450,000
5129 W Tapps Drive E, Lake Tapps, WA 98391
Dan Dennis · Keller Williams Realty PS

$1,087,500
4820 W Tapps Drive E, Lake Tapps, WA 98391
Kappie Durr · Redfin

$1,899,000
3512 197th Avenue Ct E, Lake Tapps, WA 98391
Chandler Hanson · John L. Scott, Inc.

$1,799,000
4705 Lakeridge Drive E, Lake Tapps, WA 98391
Tad Navle · Best Choice Network LLC

$1,282,000
5204 178th Avenue E, Lake Tapps, WA 98391
James Nam · Real Broker LLC

$1,295,000
4120 218th Avenue East, Lake Tapps, WA 98391
Lauri Mcleod · John L. Scott R.E. Lake Tapps

$1,899,000
3512 197th Avenue Ct E, Lake Tapps, WA 98391
Chandler Hanson · John L. Scott, Inc.

$1,799,000
4705 Lakeridge Drive E, Lake Tapps, WA 98391
Tad Navle · Best Choice Network LLC

$1,700,000
3605 214th Avenue E, Lake Tapps, WA 98391
Eric Emry · KW Greater Seattle

$1,600,000
2527 211th Avenue E, Lake Tapps, WA 98391
Kimber Lee · John L. Scott R.E. Lake Tapps

$1,999,950
1818 186th Avenue E, Lake Tapps, WA 98391
Luke Griffin · Terrafin

$1,599,999
1517 176th Avenue Ct E, Lake Tapps, WA 98391
Rachel Barley · eXp Realty
Lake Tapps is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
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.
$454,000 Sold
1 week ago
4 bd•2 ba
5329 S Vista Drive E, Bonney Lake, WA 98391
9%
Under list
—
Days on market
1.0 mi
Distance
$6,000,000 Sold
6 weeks ago
5 bd•6.25 ba•~10,887 sq ft•Single Family
21028 Snag Island Drive E, Lake Tapps, WA 98391
23%
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 Aug 2026
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.