Bonney Lake Homes under $500,000

Welcome to Bonney Lake, Washington – a hidden gem nestled in the picturesque Pierce County. This charming city, located just a short drive from Tacoma and Seattle, offers residents a perfect blend of suburban tranquility and access to urban amenities. With its stunning views of Mount Rainier and a wealth of outdoor recreational opportunities, Bonney Lake is an ideal destination for families, nature enthusiasts, and anyone seeking a vibrant community.

One of the most appealing aspects of Bonney Lake is its diverse housing market, especially for those looking for homes under $500,000. Here, prospective homeowners will find a variety of options that cater to different lifestyles and preferences. From cozy single-family homes to modern townhouses, Bonney Lake offers an array of properties that provide both comfort and value. Many of these homes feature spacious yards, open floor plans, and contemporary finishes, making them perfect for entertaining or enjoying quiet evenings with loved ones.

The community is known for its excellent schools, friendly neighborhoods, and abundant parks, including the beautiful Lake Tapps Park, which offers a perfect spot for picnics, hiking, and water activities. With a commitment to maintaining a wholesome environment, Bonney Lake is not just a place to live; it’s a place to thrive.

Whether you're a first-time homebuyer or looking to downsize, Bonney Lake’s real estate market has something for everyone. Explore your options today and discover the charm and affordability that this lovely Washington city has to offer!

Newest Bonney Lake Homes under $500,000

$375,000

3 Beds ⋅ 2 Baths ⋅ 2589067 MLS

Welcome home to this lovely, well-maintained manufactured home on its own land in Bonney Lake’s desirable Prairie Ridge area! This cozy, single-level home offers 3 bedrooms and 2 bathrooms, with a warm and comfortable feel throughout. Lovingly owned by the same owners, it’s now ready for a new chapter! Enjoy beautiful unobstructed Mt. Rainier and territorial view from most every room. Spacious Trex deck in back and front—an ideal spot to relax, entertain or simply take in the peaceful surroundings. With no neighbors directly behind, you’ll enjoy added privacy and a wonderful sense of space. Features include a metal roof with added insulation, newer windows, a wood stove, carport, cute shop, Cedar siding and an additional outbuilding. The home was purchased with the “Alaska Package,” providing added insulation for year-round comfort. All appliances stay. Convenient location close to Costco, shopping, dining, schools, medical offices and everyday amenities. A wonderful opportunity to enjoy comfortable living with a little extra room to breathe!

22142 133rd Street E, Bonney Lake

$490,000

3 Beds ⋅ 2 Baths ⋅ 2591992 MLS ⋅ Clearwater BLDG.

Privately positioned within Clearwater, this thoughtfully maintained 3 bed 2 bath single-level residence enjoys one of the community’s more desirable settings, with generous parking, and a sense of privacy rarely found in a neighborhood setting. Inside, upgraded hard-surface flooring extends throughout the home, creating a clean, cohesive aesthetic while offering effortless everyday maintenance. At the heart of the home, the kitchen features stainless steel appliances and a convenient breakfast bar that opens naturally to the living space, where a gas fireplace adds warmth and ambiance. Beyond, the fully fenced backyard becomes an extension of the home with a generous entertainment patio and pergola—an inviting setting for outdoor dining, gatherings, or quiet evenings at home. The spacious primary suite provides a comfortable retreat with plenty of room to unwind. Both bathrooms feature updated vanities for a fresh, contemporary feel. Residents of Clearwater enjoy a gated community with a private playground, and an enviable location near Lake Tapps, parks, shopping, dining, schools, and Highway 410, putting the best of the surrounding area and everyday conveniences just moments away. Pre-inspected and move-in ready, welcome home!

21509 102nd 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

$462,500

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

$444,999

3 Beds ⋅ 2 Baths ⋅ 2564724 MLS

Remodeled 3 Bedroom with 12x16 Shop and Hot Tub, at a NEW Price! This is an opportunity to not be missed! This home has been masterfully updated with everything you could want, at the price you need with today's interest rates! Brand new cabinets, counters, flooring, paint, hot tub, appliances, A/C, 2 sheds, the list goes on and on! Inside you will find a large open concept living with new LVP flooring and massive kitchen w/ island or entertaining. To the right, 2 generous sized bedrooms, full bath and laundry room with sink! On the left side of the home, a primary suite oasis, with double sinks, large walk in closet & HUGE walk in shower! Not to mention private access to the back yard to quickly wash off after working in the back yard, which is fully fenced and very private!

21610 145th Street E, Bonney Lake

$499,950

4 Beds ⋅ 3 Baths ⋅ 2535854 MLS

Updated and move in ready, this spacious 4 bedroom, 2.75 bath home offers 2,234 sq ft in a convenient Bonney Lake location just minutes from Hwy 410. The open floor plan features a bright kitchen with slab granite countertops, stainless steel appliances, undermount sink, and dining area that flows seamlessly into the living room. Updated bathrooms, white six panel doors and trim, plus a large utility and mud room add to the home's appeal. Enjoy two rear decks, one on the main level and one above, overlooking a generous backyard with endless possibilities. No HOA, a two car garage, and ample RV or boat parking complete this fantastic property.

20717 127th Street E, Bonney Lake

$449,950

3 Beds ⋅ 3 Baths ⋅ 2517418 MLS ⋅ East Pointe BLDG.

This Spacious two story townhouse in desirable East Pointe neighborhood of Bonney Lake just came on! Situated on a culdesac street with a secluded back yard and spacious 2 car garage. Inviting entry to living area with a gas fireplace. Spacious kitchen adjoins dining area with slider to the fully fenced, secluded back with patio. Upper level consists of 3 spacious bedrooms & utility room area. Primary bedroom is large with a bathroom consisting of a spacious soaking tub & a separate shower. Walk in closet as well. The two other bedrooms are spacious as well. Fantastic layout and location. All appliances including car charging stay with the home! Close to shopping & it's own playground area in the neighborhood. Don't miss this home, before someone else grabs it!

21711 104th Street Ct E, Bonney Lake

$419,000

2 Beds ⋅ 3 Baths ⋅ 2515127 MLS ⋅ East Pointe BLDG.

Welcome to this charming and thoughtfully designed home in Bonney Lake’s sought-after East Pointe community. Featuring 2 bedrooms, 2.5 baths, and a flexible den that can easily serve as a third bedroom, guest space, or home office, this property offers a versatile and functional layout to fit a variety of lifestyles.The open-concept main level is ideal for both everyday living and entertaining, highlighted by a cozy fireplace and a seamless flow into the kitchen with ample counter space and an eat-up bar for casual dining. Natural light fills the living spaces, creating a warm and inviting atmosphere throughout.Upstairs, retreat to the spacious primary suite with vaulted ceilings, a spa-inspired five-piece bath, and a generous walk-in closet. An additional bedroom and full bath provide comfortable accommodations, while the conveniently located upstairs laundry adds everyday ease.Enjoy low-maintenance living with close proximity to local schools, shopping, dining, parks, and outdoor recreation, as well as easy access to major commuter routes. This home offers the perfect balance of comfort, convenience, and modern living in a desirable community.

21404 104th Street Ct E, Bonney Lake

$407,389

3 Beds ⋅ 2 Baths ⋅ 2490099 MLS

Spacious, updated home with a versatile layout and great indoor-outdoor living in a desirable Bonney Lake neighborhood. The upstairs offers a large open-concept great room and a beautiful kitchen with abundant storage, peninsula seating, a generous dining area, and a cozy gas fireplace. Two sizable bedrooms are located on the upper level, including a junior primary suite. Downstairs features a spacious primary suite, complete with potential 5-piece ensuite - the primary bathroom has been taken to the studs. Sliding doors in the primary open to a private patio with a hot tub, fire pit, and seating area—perfect for relaxing or entertaining. The home is in great condition - strong opportunity for investors or buyers willing to complete remediation. This property is a short sale and offers a chance to purchase in a highly desirable Bonney Lake location with convenient access to shopping, dining, and commuting routes.

7734 183rd Avenue E, Bonney Lake

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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.