Lake Tapps/Bonney Lake Homes under $500,000

Welcome to the enchanting region of Lake Tapps and Bonney Lake, nestled in the heart of Pierce County, Washington. This picturesque area is renowned for its stunning natural beauty, offering a perfect blend of outdoor adventure and suburban charm. With the majestic Mount Rainier as a backdrop, residents enjoy a plethora of recreational opportunities, from hiking and biking to boating and fishing on the serene waters of Lake Tapps.

Bonney Lake boasts a vibrant community atmosphere, with local parks, shopping centers, and family-friendly events that foster a strong sense of belonging. The area is also home to excellent schools, making it an ideal choice for families looking to settle down in a nurturing environment.

For those seeking affordable housing options, Lake Tapps and Bonney Lake present an impressive selection of homes under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, you’ll find a variety of charming properties to suit your needs. From cozy single-family homes to modern townhouses, there’s something for everyone in this thriving market.

Imagine waking up to the gentle sounds of nature and enjoying your morning coffee while taking in breathtaking views. With the perfect balance of suburban tranquility and easy access to urban amenities, Lake Tapps and Bonney Lake are truly hidden gems in Washington State. Discover your dream home in this delightful region today, and embrace a lifestyle filled with adventure, community, and beauty!

Newest Lake Tapps/Bonney Lake Homes under $500,000

$369,000

2 Beds ⋅ 2 Baths ⋅ 2589744 MLS ⋅ Heatherwood BLDG.

Welcome to Heatherwood at Lakeland! This ground-floor 2-bedroom, 2-bath home offers convenient main-level living with a spacious, open layout and vaulted ceilings. The kitchen features quartz countertops, stainless steel appliances, ample workspace, and an adjacent dining area. Sliding glass doors lead to the 2nd patio, perfect for extending your living space outdoors. The inviting living room is centered around a cozy fireplace. An oversized attached garage provides additional storage space at the end, complete with windows for natural light. Enjoy access to nearby green spaces, plus convenient highway access for an easy commute. With its desirable ground-floor location, generous storage, and move-in-ready interior, this Heatherwood home is ready to welcome you!

1108 59th Street SE Unit #A14, Auburn

$429,950

3 Beds ⋅ 2 Baths ⋅ 2589119 MLS

Rare opportunity to own a brand new 2026 built 3 bedroom, 2 bath home offering 1,296 sqft of beautifully finished living space. Come inside and fall in love with the open floor plan, spacious living area, and modern designer finishes throughout. Modern kitchen features white cabinetry, stainless steel appliances, pantry, ample counter space, and a huge center island perfect for entertaining, meal prep, or gathering with guests. Large primary suite is privately situated on the opposite side of the home from the additional bedrooms and includes a walk-in closet plus a spacious bath with dual vanities and walk-in shower. Two additional bedrooms share a full bath creating a functional and desirable layout. Home feels bright and inviting with recessed lighting, oversized windows, neutral colors, and abundant natural light throughout. Minutes away from 410, Schools & amenities.

11310 202nd Avenue E, Bonney Lake

$499,950

3 Beds ⋅ 2 Baths ⋅ 2587060 MLS

Welcome to this beautifully maintained 3 bedroom, 1.75 bath home offering 1,104 sq ft of comfortable living on a spacious 8,250 sq ft lot. This inviting home features a bright living area, updated kitchen with stainless steel appliances, dining space, air conditioning and a thoughtfully designed single level layout. Step outside and discover what truly makes this property special. The fully fenced yard has been transformed into an incredible outdoor retreat, complete with beautiful landscaping, colorful garden areas, a manicured lawn and multiple spaces to gather, entertain or simply unwind. The impressive covered entertaining area is surrounded by outdoor lighting and features a built in outdoor kitchen setup with a grill, refrigerator, sink and propane cooktop, creating the perfect setting for outdoor dining and year round enjoyment. A large carport, included generator, covered RV parking with a 30 amp RV hookup and additional off street parking provide plenty of room for vehicles and recreational toys. Two backyard sheds offer even more storage for tools, gardening equipment and more. Conveniently located in Bonney Lake near shopping, dining, schools, parks and recreation with easy access to SR 410. From the beautifully cared for interior to the standout outdoor spaces, this property offers so much more than meets the eye. Come see it for yourself!

20801 Bonanza Drive E, Bonney Lake

$490,000

3 Beds ⋅ 2 Baths ⋅ 2583497 MLS

Welcome home to this inviting 3-bedroom 2 bath home situated on a spacious corner lot in desirable Bonney Lake. The comfortable floor plan offers light-filled living spaces with plenty of room to relax and entertain plus air conditioning for year-round comfort. A generously sized deck conveniently accessed from the kitchen and living room, extends the living space outdoors and is perfect for entertaining, dining, or relaxing. The large fully fenced backyard features a dedicated garden area and storage shed with room for pets and outdoor activities. The generous corner lot provides added space and privacy, while the 2 car garage offers convenient parking and storage. Ideally located near shopping, dining, recreation and everyday amenities A wonderful opportunity to enjoy comfortable living with exceptional outdoor space in Bonney Lake. This home won't last long!

20507 123rd Street Ct E, Bonney Lake

$495,000

4 Beds ⋅ 2 Baths ⋅ 2583298 MLS

Spacious 4-bedroom, 2-bathroom home offering a versatile floor plan with dedicated office space and plenty of room to make your own. The private backyard backs to a peaceful greenbelt, creating a beautiful natural backdrop and added privacy for relaxing or entertaining. A 2-car garage provides convenient parking and additional storage. Ideally located near shopping, dining, schools, recreation, and everyday amenities, this home combines space, privacy, and a desirable Bonney Lake location. Bring your personal touches and enjoy the opportunity to make this home truly yours!

7721 Locust Avenue E, Bonney Lake

$500,000

3 Beds ⋅ 2 Baths ⋅ 2583967 MLS ⋅ Prairie Ridge #4 BLDG.

Beautiful 3-bedroom, 2-bath home with garage/shop and Mt. Rainier views in the Prairie Ridge neighborhood. This great home features an open floor plan, dining room, and a large living room with a wood-burning fireplace that distributes heat through the furnace, and a brand new roof. The kitchen features a double oven and an island, plus tons of storage available in the laundry/pantry. Primary suite offers a built-in wardrobe, walk-in closet, and 5-pc ensuite bath with linen closet. Custom-built dividing doors lead to the game room that includes a high-end Brunswick pool table and all accessories. Theater room/library is wired for surround sound, and the hall bath was recently updated. Outside, you will find the 520 sq ft detached 2-car extra-tall garage/shop with heater, hot/cold water with a separate water heater, sink, an air compressor system, electric charging, and a genset that can power 6 circuits via a plug in the house panel, plus an attached RV carport. The fenced yard includes a deck, shed, and blueberry & marionberry bushes. The community offers a park, clubhouse, and playground. Easy access to Bonney Lake, Hwy 410, shopping, restaurants, parks, and more!

14317 Greenbelt Drive E, Bonney Lake

$499,950

3 Beds ⋅ 2 Baths ⋅ 2582266 MLS ⋅ Edmunds Park At Tehaleh BLDG.

Beautiful Richmond American Homes resale in Teheleh is a perfect investment that’s sitting on a large corner lot, featuring the sought-after Amethyst Plan! This thoughtfully designed home offers an open-concept layout with a spacious kitchen showcasing a large island, quartz countertops, and stainless-steel appliances, all overlooking the dining area and expansive great room that boasts a relaxing fireplace and new carpet! The generous owner’s suite features an ensuite bath with tiled shower and dual sink vanity. There are two additional guest bedrooms as you walk into this home, and full guest bath. Ceiling fans in nearly every room, Central A/C for added comfort, and all appliances stay! Ideally situated on a large corner lot with easy access to nearby trails and parks. Additional highlights include a utility room with cabinet, storage space and a fully fenced yard. Don't miss out on all the amenities that Tehaleh has to offer! This home is being sold as a short sale, pending bank approval.

13404 Edmunds Parkway E, Bonney Lake

$450,000

3 Beds ⋅ 3 Baths ⋅ 2579922 MLS

Welcome to this inviting 3-bedroom, 2.5-bath home offering 1,556 square feet in Bonney Lake’s Willow Brook community. The comfortable floor plan features a bright breakfast nook for casual dining and a versatile upstairs loft—ideal for a home office, media space, play area, or reading retreat. Outside, the fully fenced yard provides space to relax, garden, entertain, or play. Enjoy an established neighborhood setting with convenient access to Bonney Lake shopping, dining, parks, and everyday amenities. A wonderful opportunity to make this Willow Brook home your own!

10710 185th Avenue E, Bonney Lake

$474,950

3 Beds ⋅ 2 Baths ⋅ 2579635 MLS

PRE-INSPECTED!@! ASK ABOUT ASSUMABLE LOAN OPTION. Welcome home to this move-in-ready 3-bedroom, 2-bath rambler in the desirable Ponderosa Estates! Enjoy easy one-level living with impressive 12-ft vaulted ceilings, an open and inviting living space, dining area, and kitchen featuring all-new appliances from 2024 that stay with the home. Both bathrooms were beautifully remodeled in 2025, all new millwork throughout adding a fresh updated feel. Interior paint was refreshed less than two years ago. Additional highlights include central A/C, copper plumbing, new water heater (2024), furnace serviced 2026, and Tesla EV charging. The primary suite offers a walk-in closet and private bath, plus two additional bedrooms ideal for guests, work-from-home space, or hobbies. Outside, enjoy a fully fenced yard with a dedicated BBQ station, cozy bonfire area, extra-long driveway, attached 2-car garage, and RV parking. Conveniently located near parks, schools, shopping, Costco, Lowes, restaurants, recreation, and quick access to Hwy 410. A fantastic opportunity to own a thoughtfully updated home without a project list.

20206 La Paloma Drive E, Bonney Lake

$464,950

3 Beds ⋅ 2 Baths ⋅ 2577826 MLS ⋅ Clearwater BLDG.

NEW PRICE! MOTIVATED SELLER! Welcome to Clearwater, a desirable gated community in Bonney Lake! This 3-bedroom, 2-bath home offers 1,317 sq ft of comfortable living space and peace of mind with a newer roof (2019), water heater, furnace, and A/C, brand new Dishwasher and Refrigerator. Enjoy the privacy of a gated community while being conveniently located near shopping, dining, parks, schools, and commuter routes. New spacious back deck with privacy fence! A great opportunity for a first time homebuyer or someone looking to downsize in a welcoming Bonney Lake neighborhood! Priced below market for a quick sale, come SEE it before it is GONE!

21528 102nd Street E, Bonney Lake

$472,500

3 Beds ⋅ 2 Baths ⋅ 2573104 MLS

Welcome home to this newer 3 bedroom, 2 bathroom home in desirable Bonney Lake. Built in 2024, this 1,296 sq. ft. home offers a bright, open-concept layout with modern finishes and comfortable living space. The spacious kitchen featuring a large walk-in pantry, flows seamlessly into the living and dining areas, making it perfect for everyday living and entertaining. All 3 bedrooms include walk-in closets perfect for storage or your daily necessities. Step outside to enjoy the newly installed, level green yard, offering a beautiful and functional outdoor space that is hard to find. The yard also features a dedicated gardening space, firepit for hosting, as well as a shed to store all your outdoor tools. Whether you're enjoying your morning coffee, entertaining guests, or relaxing outdoors, this space is ready to be enjoyed. Ideally located with easy access to shopping, dining, parks, schools, and major commuter routes, this home offers the perfect blend of modern comfort, outdoor space, and convenience. With its newer construction, thoughtful updates, and move-in-ready condition, this Bonney Lake home is ready to welcome you home!

12813 Ridge Cir E, Bonney Lake

$500,000

3 Beds ⋅ 2 Baths ⋅ 2574001 MLS

Welcome to this inviting 3-bedroom, 1.5-bath home in desirable Lake Tapps! The open-concept kitchen features a large island and beautiful stone countertops, creating a welcoming space for everyday living and entertaining. Step outside from the kitchen onto a brand-new deck overlooking the fully fenced backyard, complete with a storage shed and plenty of room to enjoy the outdoors. The home sits on a quiet cul-de-sac and offers a 1-car attached garage plus two separate driveways, providing excellent flexibility for parking a boat, RV, or additional vehicles. New roof was installed in 2024. Enjoy the added benefits of community amenities, including access to private beaches, boat launches, tennis courts, dog park and more. Mature fruit trees add charm and seasonal enjoyment to the front yard. A great opportunity to enjoy the Lake Tapps lifestyle with space, convenience, and recreational amenities close to home.

19109 57th Street E, Lake Tapps

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Information courtesy of Intermountain Multiple Listing Service. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non‐commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. All listings provided by IMLS are marked with the official IMLS IDX icon.