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Listed by Lisa M Franchini • Terrafin.
FOR SALE

$825,000

Est. $4,570/mo

Price reduced $85,000 from the original $910,000 asking price

2520 214th Avenue E, Lake Tapps, WA 98391

• Listed Aug 28, 2026•54 days active · 54 cumulative

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★★★★★5.0·1,244 Google reviews

Listing Broker: Terrafin; Lisa M Franchini; 253-466-3736; Lisa@FranchiniHomeGroup.com

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Listing Broker: Terrafin; Lisa M Franchini; 253-466-3736; Lisa@FranchiniHomeGroup.com

About this home

Rare Lake Tapps waterfront opportunity! Get a jump start on building your Lake Tapps dream estate on this beautiful .57-acre property featuring approximately 78 feet of waterfront and an existing dock. Ideally located near Tapps Island, this is an incredible opportunity to create a custom lakefront retreat and enjoy everything the Lake Tapps lifestyle has to offer.A lot of the heavy lifting permit-wise has already been completed. Puget Sound Energy has approved the site for a proposed 3,400 sq ft, 4-bedroom, two-story home plus an impressive 2,300 sq ft detached shop. Septic design is currently pending approval with Anderson Septic Design. An existing cabin with no bedroom or bathroom is currently located on the property.Make the plans your own! Seller is offering a $2,500 credit with Franchini Design Group to update or modify the existing design to better fit your vision. With over half an acre, 78 feet of waterfront, a dock, and much of the preliminary work already underway, this is your opportunity to create an exceptional Lake Tapps waterfront estate!

Property type
Single Family
Year built
Not listed
Interior
Not listed
Lot size
0.5685 acres
Parking
None
Price / sq ft
Not listed
Property taxes$6,172.97/yr (est.)
School districtDieringer

Listed by Lisa M Franchini • Terrafin

Listing updated: September 24, 2026 at 10:30pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2575548

Around this home

RexMont OfferEdge™

How much should you offer?

2520 214th Avenue E, Lake Tapps, WA 98391

List price
$825,000
Down payment
$165,000

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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

Layout

  • Res-Less thn 1 Ac

Schools

Ratings via SchoolDigger

Dieringer School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • North Tapps Middle School
    Public · Grades 6-8 · State rank 54 of 514
    8/10
  • Out of District
    Public · Grades High
    —

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.

Vacant land facts

As entered by the listing broker on Northwest MLS

Lot

Acres
0.57 acres
Lot square feet
24,764 sq ft
Topography
Level
Lot number
Parcel A
Lot details
Paved

Zoning & use

Zoning code
R-10
Zoning description
Residential
Zoning jurisdiction
County
Possible use
Residential
Restrictions
See Remarks,Unknown
Easements
Access
Improvements
Cabin,Dock

Utilities

Utilities
Electricity Available, Natural Gas Available
Electricity
In Street
Gas
In Street
Water
Available, On Property
Water jurisdiction
City of Bonney Lake
Water access
Deeded Access
Sewer
Not Available
Septic design applied
No
Septic installed
No

Road & access

Road surface
Paved
Road responsibility
County
Road information
County Maintained,Paved

Surveys & reports

Sketch submitted
No

Water & irrigation

Waterfront
Yes
Waterfront footage
78 ft
Irrigation water rights
No

Taxes & assessment

Annual taxes
$6,173
Tax year
2026
Financing
Cash, Conventional
Seller disclosure
Provided
Preliminary title ordered
Yes

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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Sales & Tax Records for 2520 214th Avenue E

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. Sep 25, 2026
    Price reduced
    NWMLS via MLS Grid · #2575548
    $825,000
  2. Aug 28, 2026
    Listed
    NWMLS via MLS Grid · #2575548
    $910,000

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.

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

$5,290 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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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: Terrafin; Lisa M Franchini; 253-466-3736; Lisa@FranchiniHomeGroup.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: 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 75 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $1,100,000 Sold

    2 weeks ago

    4 bd•3.75 ba•~5,230 sq ft•Single Family

    21729 Quiet Water Loop, Lake Tapps, WA 98391

    4%

    Under list

    75

    Days on market

    0.4 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 agent

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 6:17 AM 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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