Anderson Island Homes under $500,000

Welcome to Anderson Island, a hidden gem nestled in the heart of Pierce County, Washington. This picturesque island is located in the southern Puget Sound, offering a serene escape from the hustle and bustle of city life. With its lush landscapes, tranquil waters, and a tight-knit community, Anderson Island is the perfect place to call home.

One of the most appealing aspects of living in Anderson Island is the variety of charming homes available, particularly for those looking for properties under $500,000. Whether you’re a first-time homebuyer, a retiree seeking a peaceful retreat, or a family looking for a welcoming neighborhood, there’s something for everyone here. These homes often feature stunning views, spacious yards, and easy access to outdoor activities, making them ideal for nature lovers.

Imagine waking up to the sounds of chirping birds and the gentle rustle of leaves, all while being just a stone's throw away from beautiful parks, hiking trails, and the stunning Anderson Island beaches. The community offers a range of amenities, including a community center, golf course, and numerous recreational opportunities that promote a healthy, active lifestyle.

With its affordable housing options and picturesque surroundings, Anderson Island is not just a place to live; it’s a lifestyle choice. Embrace the charm of island living without breaking the bank. Explore the homes available under $500,000 and discover the perfect sanctuary where you can create lasting memories with family and friends. Your dream home awaits on Anderson Island!

Newest Anderson Island Homes under $500,000

$399,950

3 Beds ⋅ 2 Baths ⋅ 2591548 MLS

One of Anderson Island’s premier builders is at it again, bringing an expanded version of one of his most popular floor plans to a beautiful double lot! Set on more than 1/3 acre, this brand-new 3-bedroom, 1.75-bath home combines thoughtful design, quality craftsmanship, and the relaxed island lifestyle. Step inside and say “WOW!” The light-filled open-concept floor plan and soaring vaulted ceilings create an impressive sense of space, making this home live even larger than its 1,360 square feet. Designer colors, solid wood doors, and carefully selected finishes add warmth and character throughout. The inviting covered front porch features a gorgeous tongue-and-groove ceiling, while the generous rear deck offers the perfect spot for outdoor dining, entertaining, or simply enjoying the peaceful surroundings. Three generously sized bedrooms provide plenty of flexibility, while the expansive 16,849-square-foot double lot offers exciting possibilities for a future detached garage or shop, additional outdoor living space, or the garden you’ve always wanted. Located within the Riviera Community Club, ownership includes access to an array of island amenities including the golf course, boat launch, lakes, parks, campground/RV facilities, and more. A rare opportunity to own brand-new construction on a spacious double lot and enjoy all that Anderson Island has to offer!

11011 Cascade Place, Anderson Island

11132 Country Club Drive, Anderson Island

$375,000

3 Beds ⋅ 1 Baths ⋅ 2571061 MLS

Welcome to easy island living on Anderson Island! This fully updated 3-bedroom, 1-bath home offers 1,160 sq ft of thoughtfully refreshed living space on a spacious, level lot in the heart of the Riviera Community Club. Move-in ready and full of charm, this home blends modern updates with the peaceful, laid-back lifestyle Anderson Island is known for. Recent improvements include: New roof installed 2022, full kitchen remodel, fresh interior & exterior paint, full bathroom remodel, new LVP flooring throughout, new light fixtures & a newly painted deck. Enjoy the convenience of an ideal location just steps from Lakeshore Restaurant, Lake Josephine, and the Riviera Golf Course. Outside, the level, usable yard offers plenty of room to garden, entertain, play, or simply relax. A detached 2-car carport and separate storage shed provide added parking and storage. Whether you're looking for a full-time residence, weekend retreat, vacation home, or low-maintenance island getaway, this property offers an inviting opportunity to enjoy Pacific Northwest island living. Come experience the quiet, natural beauty & relaxed pace of Anderson Island—all just a ferry ride away!

11132 Country Club Drive, Anderson Island

$475,000

3 Beds ⋅ 3 Baths ⋅ 2563584 MLS ⋅ Lake Josephine Riviera #8 BLDG.

Offering a prime location situated along the edge of the Riviera Country Club & Golf course, this inviting 3 bdrm/3 bath + 2 FLEX ROOMS home offers the perfect setting. Soaring vaulted ceilings, skylights & upper windows flood the home w/light! Bamboo flooring in the main area w/a propane f/p for cool PNW evenings. Primary is tucked away upstairs with a loft view that offers built-ins, Ensuite bath, walk-in closet & private balcony. The galley kitchen is a great place to cook your fresh crab or coastal catch. Fully finished basement offers a main area, 2 FLEX rooms, full bath, wet bar & separate entrance.-Ideal for guests or extended living possibilities. Situated on a spacious double lot amidst mature trees, there's plenty of room to enjoy the peacful surroundings & relaxed Anderson Island lifestyle. Store your boat & more in the oversized garage. The Riviera Community offers an impressive array of amenities, including the Executive 9-hole golf course, 2 freshwater lakes, parks & sport courts, & private access to the Saltwater marina. There's a private campground w/hookups & cabins- a great perk for friends. Don't want to cook? The Lakeshore Restaurant is just steps away where you can dine right on Lake Josephine. The general store and gas pumps are on their way back! Soon making Island living even more convenient. Whether you're dreaming of a relaxed island retreat, a weekend escape, or an investment property, this versatile property offers endless possibilities!

11108 110th Street Ct, Anderson Island

$449,000

3 Beds ⋅ 3 Baths ⋅ 2567897 MLS

Beautifully finished modern farmhouse offering peaceful island living on Anderson Island. This 1,666-square-foot home features three bedrooms, a dedicated office, two and a half bathrooms, and an attached two-car garage. The thoughtful split-bedroom layout places the private primary suite apart from the secondary bedrooms, while the office is conveniently located near the entry. Large windows fill the vaulted open-concept living area with natural light. The spacious kitchen features quartz countertops, soft-close shaker cabinetry, stainless steel appliances, matte black finishes, and an oversized island with bar seating. The great room is centered around an electric fireplace and opens directly to a covered Trex deck for year-round outdoor living. The primary suite includes a walk-in closet and five-piece bathroom with two separate vanities, a tub, and a separate walk-in shower. Additional highlights include waterproof LVP flooring, craftsman-style trim, recessed LED lighting throughout, solar panels, a high-performance ducted heat pump, and a dedicated laundry room near the garage. As a Riviera Community Club property, enjoy access to fishing, swimming, golf, parks, and other recreational amenities. The home is also near Johnson Farm, which hosts year-round events and activities, along with the island’s many music, film, art, and educational programs.

8918 127th Avenue Ct, Anderson Island

$480,000

3 Beds ⋅ 3 Baths ⋅ 2559723 MLS

Beautifully remodeled 3 bedroom, 2.5 bath home offering 2,199 square feet of thoughtfully updated living space, perfectly positioned along the 7th fairway of Riviera Golf Course on Anderson Island. Enjoy peaceful golf course views that create the feeling of having your own expansive backyard while embracing the quiet charm and recreation of island living. Designed for both everyday comfort & entertaining, the open-concept floor plan features modern finishes, abundant natural light, & seamless indoor-outdoor living. Step outside to the expansive back deck, an ideal space for morning coffee, summer barbecues, or simply relaxing while overlooking the lush fairways & tranquil surroundings. Major improvements include: NEW SEPTIC system 2022 & a NEW ROOF completed in 2025, offering added value and peace of mind. A detached one-car garage provides versatile space for a vehicle, golf cart, workshop, or all your island adventure gear. Located within the highly sought-after Riviera Community Club, you'll enjoy exclusive access to private freshwater lakes for swimming, boating, and fishing, a marina, scenic parks, hiking trails, tennis and pickleball courts, a clubhouse, and the beautiful Riviera Golf Course. Whether you're searching for a full-time residence, a vacation home, or an investment property, this move-in-ready Anderson Island retreat offers the perfect blend of modern updates, outdoor recreation, and the relaxed Pacific Northwest island lifestyle! Can come fully furnished!

11107 Tahoma Drive, Anderson Island

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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.

Anderson Island Homes under $500,000

Newest Anderson Island Homes under $500,000

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