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Listed by Sofia Sabeti • Coldwell Banker Bain.
FOR SALE

$305,000

Est. $1,599/mo

Price reduced $10,000 from the original $315,000 asking price

3 bd•2 ba•1,286 sq ft

10517 Matthews Way, Anderson Island, WA 98303

• Listed Aug 21, 2026•60 days active · 60 cumulative

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★★★★★5.0·1,244 Google reviews

Listing Broker: Coldwell Banker Bain; Sofia Sabeti; 253-370-7428; sofia.sabeti@cbrealty.com

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Listing Broker: Coldwell Banker Bain; Sofia Sabeti; 253-370-7428; sofia.sabeti@cbrealty.com

About this home

Your Anderson Island Retreat Near the Lakes! Nestled just a couple of blocks away from 2 freshwater lakes in a quiet, wooded neighborhood where wildlife abounds, this charming 3-bedroom, 2-bathroom single-level home is your ultimate island escape. This updated home boasts charming custom features to accentuate the feel of island living. From vaulted pine ceilings that infuse the space with a warm, cozy cabin feel to wooded shiplap details & eat-in butcher block bar in the spacious kitchen, you will love the attention & care given to this home! The functional split-floor plan places the large primary bedroom and ensuite on one end, with two guest bedrooms and a full bath on the other, offering great privacy for visitors. Savor time spent on the generous covered back deck, providing an ideal setting for year-round outdoor living space from which to BBQ, entertain, or gather round the fire pit & enjoy the serene natural setting. Best of all, you are just moments away from a refreshing dip in the cool waters of Lake Florence or casting your line from the shores of fully stocked Lake Josephine. Whether you are searching for the ultimate weekend getaway or a peaceful full-time residence, this property is sure to delight!  All Riviera Community Club amenities are included, granting you access to local parks, tennis & bocce ball courts, a 9-hole executive golf course, saltwater marina & boat launch, Lakeshore restaurant, and community events. Welcome home!

Property type
Single Family
Year built
1994
Interior
1,286 sq ft
Lot size
0.1974 acres
Parking
None
Price / sq ft
$237
HeatingForced Air
CoolingNone
Property taxes$3,126.45/yr (est.)
HOA dues$914 / year ($76/mo)
School districtSteilacoom Historica

Listed by Sofia Sabeti • Coldwell Banker Bain

Listing updated: October 8, 2026 at 01:58am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2572725

Open houses

No upcoming open houses scheduled for this property.

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10517 Matthews Way, Anderson Island, WA 98303

List price
$305,000
Down payment
$61,000

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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

  • Water Heater

Kitchen

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

Bedrooms

  • 3 bedrooms total
  • 3 on the main level

Bathrooms

  • 2 full bathrooms
  • 2 on the main level

Layout

  • Manuf-Double Wide
  • 1,286 sq ft finished

Flooring

  • Engineered Hardwood
  • Vinyl Plank
  • Carpet

Heating & cooling

  • Forced Air heating
  • None cooling

Schools

Ratings via SchoolDigger

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.

Manufactured home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level
Vegetation
Brush
Lot number
104
Zoning code
R10
Zoning jurisdiction
County

Systems

Energy source
Electric
Power production
Electric
Water heater
Electric
Power company
Tanner Electric Coop
Water company
Lake Josephine Riviera
Sewer company
Septic
Irrigation water rights
No
Internet connected
Century Link

Rooms & extras

Bathtubs
2
Showers
2

New construction

Square footage source
Realist
Lot size source
Realist

Manufactured home

Body type
Double Wide
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.

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Sales & Tax Records for 10517 Matthews Way

NWMLS via MLS Grid · Pierce County Assessor

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 · #2572725
    $305,000
    $237/sq ft
  2. Aug 21, 2026
    Listed
    NWMLS via MLS Grid · #2572725
    $315,000
    $245/sq ft
  3. Apr 12, 2021
    Recorded sale
    Pierce County recorder · Statutory warranty deed
    $282,000
    $219/sq ft
  4. Mar 21, 2018
    Recorded sale
    Pierce County recorder · Statutory warranty deed
    $119,000
    $93/sq ft

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.

Northwest MLS lists this home as eligible for down payment assistance programs

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

$2,012 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: Coldwell Banker Bain; Sofia Sabeti; 253-370-7428; sofia.sabeti@cbrealty.com

Market pulse

Anderson Island is a buyer's market.

Inventory is rising and homes are sitting longer. Buyers have room to negotiate.

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

  • List to sale price: The average home sells for about 1% below list price.

  • Time on market: The average home goes pending in around 101 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $22,500 Sold

    6 days ago

    •Single Family

    11409 & 11413 Hillcrest Drive, Anderson Island, WA 98303

    13%

    Under list

    138

    Days on market

    0.6 mi

    Distance

  • $15,000 Sold

    2 weeks ago

    •Single Family

    11308 114th Street Ct, Anderson Island, WA 98303

    19%

    Under list

    100

    Days on market

    0.9 mi

    Distance

  • $848,000 Sold

    3 weeks ago

    3 bd•2.5 ba•~3,862 sq ft•Single Family

    10601 87th Street Ct, Anderson Island, WA 98303

    1%

    Under list

    159

    Days on market

    0.9 mi

    Distance

  • $746,600 Sold

    3 weeks ago

    3 bd•2.75 ba•~2,471 sq ft•Single Family

    10823 Seaview Drive, Anderson Island, WA 98303

    12%

    Under list

    131

    Days on market

    0.4 mi

    Distance

  • $353,000 Sold

    5 weeks ago

    3 bd•1.75 ba•~1,099 sq ft•Single Family

    10203 Matthews Avenue, Anderson Island, WA 98303

    1%

    Under list

    117

    Days on market

    0.6 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

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 3:04 PM 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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© 2026 Northwest Multiple Listing Service. All rights reserved.

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