$775,000
Est. $4,005/mo2 bd•1.75 ba•1,228 sq ft
11122 Cole Place, Anderson Island, WA 98303
• Listed 2026-08-06•2 days on market
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Welcome to an enchanting, custom-built 2 bed 1.75 bath lakefront sanctuary nestled on a quiet cul-de-sac road on Anderson Island! Offering an incredible 121' of pristine, no-bank frontage on peaceful Lake Josephine, this property delivers unmatched water frontage & an idyllic setting that will capture your heart from the moment you arrive. This incredible property is surrounded by exquisite, mature landscaping that hearkens to a classic English cottage garden. Inside, the spacious great room welcomes you w/soaring pine-lined ceilings & enormous floor-to-ceiling windows that frame stunning lake views. The open-concept layout features luxury vinyl flooring throughout, stainless steel appliances, Silestone countertops, pantry space, & a delightful eat-in breakfast nook overlooking the water. Take in a bird's-eye view from the versatile loft complete w/ built-in bookshelves, ideal for a reading nook, bunk space, & more. Outside, relax on the deck, fire up the BBQ, gather 'round the fire pit, or launch a kayak from your private dock. Two cottage-like 10X12 bunkhouses offer flexibility for use as a work from home office or artist studio. Once you walk across the expansive, park-like grass along the water, you’ll undoubtedly want to take advantage of increasing your Lakefront by purchasing the adjoining lot MLS#2565730 which flows seamlessly into this property for almost 200' of frontage. Don't wait!--Make this enchanting, waterfront home your very own legacy lake compound today!
Listed by Sofia Sabeti • Coldwell Banker Bain
Listing updated: September 7, 2026 at 03:13pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2565493
11122 Cole Place, Anderson Island, WA 98303
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
Steilacoom Historica 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.
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
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Anderson Island 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 for about 1% below list price.
Time on market: The average home goes pending in around 26 days.
$7,000 Sold
2 weeks ago
•Single Family
10506 Tahoma Dr Drive, Anderson Island, WA 98303
13%
Under list
—
Days on market
0.7 mi
Distance
$330,000 Sold
2 weeks ago
2 bd•1 ba•~832 sq ft•Single Family
11910 Island Drive, Anderson Island, WA 98303
8%
Under list
—
Days on market
0.6 mi
Distance
$414,500 Sold
3 weeks ago
3 bd•1.75 ba•~1,224 sq ft•Single Family
10315 Riviera Drive, Anderson Island, WA 98303
2%
Under list
—
Days on market
0.7 mi
Distance
$470,000 Sold
4 weeks ago
3 bd•2 ba•~2,230 sq ft•Single Family
11809 105th Street Ct, Anderson Island, WA 98303
8%
Under list
—
Days on market
0.7 mi
Distance
$7,500 Sold
5 weeks ago
•Single Family
11024 Cascade Place, Anderson Island, WA 98303
0%
Over list
—
Days on market
0.3 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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 7, 2026 at 03:13pm (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.
Open houses
2 dates$760,000
-$15,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $430K and $770K.
Rental earnings
$2,275/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$770,400Last sold price
11013 Bayview Circle, Anderson Island, WA 98303

$585,000Last sold price
10911 Country Club Drive, Anderson Island, WA 98303
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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