Lake Josephine Homes under $500,000

Welcome to Lake Josephine, a hidden gem nestled in the picturesque Anderson Island, Washington. This charming subdivision offers a serene retreat for those seeking a perfect blend of natural beauty and community spirit. Surrounded by lush forests and the tranquil waters of Lake Josephine, residents enjoy a peaceful lifestyle while being just a short ferry ride away from the bustling city of Tacoma.

The homes in Lake Josephine are designed for comfort and functionality, with many properties available for under $500,000. This makes it an ideal choice for first-time homebuyers, families, and retirees looking to invest in a tranquil environment without breaking the bank. Each home reflects the unique character of the island, often featuring spacious layouts, modern amenities, and stunning views that make every day feel like a vacation.

Living in Lake Josephine means embracing an outdoor lifestyle. Residents can indulge in various activities such as kayaking, fishing, and hiking, all while surrounded by the natural beauty of the Pacific Northwest. The community is also known for its friendly atmosphere, where neighbors become friends and local events bring everyone together.

With its affordable housing options and idyllic setting, Lake Josephine is more than just a place to live; it’s a place to thrive. Whether you're drawn to the serene landscapes or the welcoming community, this subdivision offers an unparalleled opportunity to create lasting memories in a beautiful environment. Come discover the charm of Lake Josephine and find your dream home today!

Newest Lake Josephine Homes under $500,000

$449,900

2 Beds ⋅ 2 Baths ⋅ 2589622 MLS ⋅ Lake Josephine Riviera BLDG.

TWO PARCELS INCLUDED! A rare opportunity on Anderson Island—an updated golf-course home PLUS the adjacent lot, offering extra privacy, space and future possibilities. Situated along the 2nd fairway, this 1,620-sq.-ft. home offers 2 bedrooms, 2 baths and comfortable single-level living in a peaceful setting. Updated in 2020 and equipped with a Generac whole-house generator, it's ready for full-time living or the perfect island retreat. Enjoy golf-course views, generous outdoor space and room for RV or boat parking. Ownership includes access to Riviera Community Club amenities, including lakes, parks, marina, golf course and more. Just a short ferry ride from Steilacoom, Anderson Island offers the chance to slow down without being far from the mainland. Two parcels, an updated home and a golf-course location—all for $449,900.

11001 Pioneer Drive, Anderson Island

$389,000

2 Beds ⋅ 2 Baths ⋅ 2578846 MLS ⋅ Lake Josephine Riviera BLDG.

Welcome to island living at its best! Nestled on a spacious shy ½-acre setting along a quiet dead-end road, this charming 2-bedroom, 1.5-bath home offers a peaceful retreat just a stone’s throw from Lake Florence. Enjoy partial lake views and convenient members-only park and dock access directly across the street, plus easy proximity to the ferry, commercial center, Riviera HOA amenities and all that Anderson Island has to offer. Two separate entrances add ultimate convenience and flexibility. Once on the property you will be greeted by a wraparound deck from which to relax & take in lake views. Enter to a light & bright living space, with thoughtfully designed windows that look out onto a beautiful setting & cozy wood fireplace. On the main level, an open concept kitchen & living space that leads down the hall to a ¾ bath with soaker tub & generously sized primary bedroom. The daylight basement offers incredible flexibility with a large bonus room featuring built-in bookshelves & desk, exterior access, plus a spacious bedroom and ¾ bath that could easily serve as a second primary suite or guest quarters. The detached 2-car garage and shop provide plenty of room for vehicles, projects, hobbies and storage. Plus plenty of space to expand your outdoor living potential, start a vegetable garden, or park your RV. All HOA amenities included! Marina, golf course, & more. This is the perfect opportunity to enjoy the serenity, recreation & community of island life. View today!

10006 Eagle Place, Anderson Island

$305,000

3 Beds ⋅ 2 Baths ⋅ 2572725 MLS ⋅ Lake Josephine Riviera BLDG.

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!

10517 Matthews Way, Anderson Island

$339,000

3 Beds ⋅ 2 Baths ⋅ 2566655 MLS ⋅ Lake Josephine Riviera BLDG.

Do you love open sunny spaces, green green grass, and quiet streets? Then this modern charmer located on the Riviera golf course driving range is perfect for you! This vintage 1980 double-wide manufactured home has been completely remodeled right down to the studs in 2025. You'll be impressed by the many quality upgrades that have been incorporated into this turn-key ready home! Step into a fabulous great room with elegant, sleek, modern fixtures and finishes throughout. Vaulted wood lined ceilings, open beams, and elegant wains coating set this home apart. Relax in the comfortable living room seating area around an ambient fireplace. You'll love the entertainer's dream kitchen complete with ample cabinetry, plenty of counterspace, stainless steel appliances, quartz countertops, and a massive breakfast Island. Down the hall lie 2 full bedrooms and a flexible space den/guest room just right to for tele-commuting or accommodating all your guests. The spacious and private 5-piece primary ensuite boasts brilliant white & gray marble tile gracing the bathroom floors and showers. The wood-toned built in shelving, and a stand-alone soaking tub make this bathroom unique. Each bedroom has it's own unique wall enhancements, lighting, & individual ductless heating/cooling. Outdoors, enjoy summer dining on the expansive new composition deck. Observe wildlife daily and take advantage of your Riviera membership to access the well-maintained parks, lakes, trails, golf, tennis and more!

10717 Edgewood Drive, Anderson Island

$425,000

2 Beds ⋅ 2 Baths ⋅ 2563560 MLS ⋅ Lake Josephine Riviera BLDG.

Your Anderson Island Dream Home is Waiting for You by the End of August! Purchase a New Designer Custom-Built Home in the center of the Riviera Community Club, featuring 1468 sq ft with 2 bedrooms and 1.5 baths, with beautiful ash wood cabinets, butcher block counters and upgraded stainless appliances in kitchen and quartz counters/tile in baths. You will love the exposed beams, modern lighting, tall solid wood doors, and large kitchen island with several recessed lighting options! The main floor has a open layout with attractive waterproof vinyl plank floors and vaulted ceilings. This house has modern colors, and attractive finish work throughout! Enjoy the covered deck and nature surrounding the house! Save energy and have great climate control from the split system heat pump system throughout the house! Very close to the Riviera Lakeshore Restaurant, 2 freshwater lakes, Tennis/Pickleball Courts, and Golf Course! Enjoy the summer at your new home!

11215 Juniper Place, Anderson Island

$319,000

3 Beds ⋅ 2 Baths ⋅ 2550382 MLS ⋅ Lake Josephine Riviera BLDG.

Come discover your own private sanctuary on Anderson Island! Tucked away on a quiet cul-de-sac shared with only one other house, this charming 3 bed 1.75 bath home offers the ultimate in peace & privacy. Whether you are looking for the perfect weekend getaway or a serene full-time retreat, this single-level home delivers comfort & convenience in a beautiful, natural setting. The interior is bright & inviting, featuring stunning hickory cabinets in the galley-style kitchen & skylights that bathe the home in natural light. Recent upgrades ensure peace of mind & modern appeal, including durable laminate hardwood flooring, newer windows, doors & doorframes, newer cadet heaters & thermostats, ductless mini-split for efficient heating & cooling, and a brand-new roof. Enjoy a functional floor plan with large living space, dining nook, & hallway leading to guest bedrooms (one w/ large walk-in closet) & primary suite w/ 3/4 bath & walk in closet. Step outside to your expansive back deck, the perfect place to relax & take in the abundant wildlife & lush surroundings. With 2 sheds for all of your storage needs & tax parcel 5018061550 included, you will enjoy a generous 1/2 acre footprint with room to expand or enjoy a natural buffer. Location is everything! You are just moments away from the ferry terminal for easy commuting & equally close to the popular "Ole Swimmin' Hole" on Lake Florence for recreational fun. Embrace the best of island living in this move-in ready home. View today!

11618 Breaker Way, Anderson Island

11319 Country Club Drive, Anderson Island

$409,000

2 Beds ⋅ 2 Baths ⋅ 2549637 MLS ⋅ Lake Josephine Riviera BLDG.

Experience effortless Anderson island living with this enchanting home, perfectly positioned on the 8th fairway of the Riviera Golf Course. This tastefully updated home offers high-quality finishes in a setting that feels like a permanent vacation. Boasting durable HardiPlank siding, metal roof, & detached garage/shop w/EV charging, this property is as practical as it is picturesque. Once inside, be delighted by a light filled living space enhanced by fresh paint, new LVP flooring, several new windows, & new sliding door. The kitchen & living areas flow seamlessly, centered around a cozy wood-burning stove—perfect for chilly evenings. The main floor has 2 comfortable bedrooms & a luxuriously updated 3/4 bath, featuring a premium Kohler LuxStone walk-in shower. Step out to an oversized patio where you can watch golfers navigate the fairway or host gatherings against the verdant backdrop of the course. Upstairs, the expansive loft space can serve as extra sleeping quarters and/or a game/media room & boasts plenty of storage. Situated just a block away from the pristine shores of Lake Josephine & the Lakeshore Restaurant--the heart of island social events--this location can't be beat! As a Riviera club member, your lifestyle includes exclusive access to 2 freshwater lakes, a private campground, saltwater marina & boat launch, parks, & more. This home offers the rare combination of a prime central location, move-in-ready updates, & incredible value. Come view before it's too late

11319 Country Club Drive, Anderson Island

$499,000

3 Beds ⋅ 3 Baths ⋅ 2546864 MLS ⋅ Lake Josephine Riviera #5 BLDG.

A classic &charming like-new home in a very quiet & private location. Designed perfectly for aging in place-- the main floor has everything you need for comfortable living! Step inside and you'll immediately notice the flowing floor plan beginning with a roomy entry and adjacent pass-through den with glass panel French doors. Enter the open-concept living room & kitchen with gleaming quartz counter tops, large island with breakfast bar, SS appliances & modern gray cabinetry. Conveniently located off the kitchen is a 1/2 bath and an ample utility room leading to the garage entrance. Down the hall near the den lies the spacious primary ensuite with 3/4 bath, double sinks, quartz countertops, tile shower and adjoining walk-in closet. Upstairs are 2 additional bedrooms & 3/4 bath: Perfect separate space for guests! Outdoor features include a classic covered front porch, fully fenced yard which backs up to a greenbelt held in forest conservation, landscaped rockery, RV parking w/hook-ups, and an expansive composite back deck. Wired for a generator. Enjoy Riviera HOA amenities such as access to lakes, parks, hiking trails, 9-hole executive golf& seasonal marina. A short 20-minute Ferry ride from Steilacoom. Close to JBLM & McCord AFB. This darling home offers everything you'll need!

12012 Sound Drive, Anderson Island

$419,500

3 Beds ⋅ 2 Baths ⋅ 2537098 MLS ⋅ Lake Josephine Riviera BLDG.

Comfort & Charm Call in this Sunny 3 bed 1.75 custom 2019 single-level home near the historic Johnson Farm on Anderson Island. This "like-new" home offers a bright, open-concept floor plan designed for effortless living. Step inside to find a well-appointed kitchen adorned w/ rich cherry wood cabinetry, newer appliances, & unique live-edge shelving that adds a bespoke touch. After dinner, relax by the cozy gas fireplace, perfect for chilly evenings or added ambiance. Down the hall, find a full bath, 2 guest bedrooms, & primary suite which boasts a custom-tiled 3/4 ensuite that adds a touch of luxury. Throughout the home, LVP flooring on slab foundation provides durability & convenience. Built with efficiency in mind, this home includes superior insulation, a ductless mini-split system for year-round climate control, & EV charging. Open sliding glass doors to backyard patio space for BBQ's & entertaining & enjoy plenty of level, sunny space within the fenced yard to plants flowers & veggies. Mosey over to the Johnson Farm, a peaceful oasis of community gardens, scenic trails, & rich island history—the perfect setting for morning coffee or sunset strolls. As a member of the Riviera HOA, you gain access to a wealth of amenities, including 2 freshwater lakes, a 9-hole executive golf course, saltwater marina, & more. Meticulously cared for and move-in ready, this home is the opportunity you have been waiting for!

9120 Johnson Road, Anderson Island

$500,000

3 Beds ⋅ 2 Baths ⋅ 2536176 MLS

Experience the magic of island living on Anderson Island, where the journey home begins with a scenic ferry ride surrounded by breathtaking views of Puget Sound and the Olympic Mountains. Nestled on a spacious, wooded .34-acre lot, this property offers the peace and privacy that make island life so special. Surrounded by mature evergreens and filled with natural light, the home enjoys beautiful water views and a tranquil setting that feels worlds away from the hustle and bustle. Inside, you’ll find 3 bedrooms and 1.5 bathrooms, complemented by fresh interior paint and brand-new carpet inside the bedrooms. The kitchen features stainless steel appliances and opens seamlessly to the main living spaces, creating a bright, airy atmosphere perfect for everyday living and entertaining. Filled with natural light and designed with an open, inviting layout, this home blends comfort, functionality, and charm. With plenty of outdoor space to create gardens, gathering areas, or your own private retreat, this is an opportunity to embrace a slower pace, connect with nature, and enjoy the quiet beauty of the Pacific Northwest every day.

11209 Riviera Drive, Anderson Island

$419,000

3 Beds ⋅ 3 Baths ⋅ 2533241 MLS ⋅ Lake Josephine Riviera #23 BLDG.

Escape to island living in this spacious, light-filled custom-built home that sits on a generous 0.60-acre lot that feels like a personal retreat surrounded by nature. Enjoy the benefit of only one HOA fee on this oversized parcel! Bordered by a serene seasonal creek, the setting is perfectly secluded, yet just a short walk away from the historic Johnson Farm & Gardens & the lush Jane Cammon trail system & walking track, putting the best of the island's natural escapes & community events at your doorstep. Inside, the home is updated & ready for modern living w/luxury vinyl plank flooring, 20KW generator, ADT system, & new furnace. The functional floorplan features an open vaulted living & dining room that leads into the large kitchen w/ ample wood cabinetry & pantry space, family room, & French doors that open to the oversized African Teakwood deck. Entertain outdoors w/ a custom covered area, w/plumbing for propane ready for connection to your fireplace or island kitchen & 30AMP for potential hot tub upgrade/RV hookup! Upstairs, find 2 guest bedrooms w/full vaulted guest bath, a den for home office/hobby room, & spacious primary suite w/ room for a sitting area, furnishings, & complete w/ 5-piece ensuite w/skylight to bring the sun in. The property features an easy cement drive leading to an attached 2-car garage, plus newly added 12x10 shed for all your tools & lake gear, & bonus 20x26 pad.Motivated seller offers $5,000 credit toward closing costs or interest rate buy-down!

12716 97th Street Ct, Anderson Island

$489,000

3 Beds ⋅ 2 Baths ⋅ 2528739 MLS ⋅ Lake Josephine Riviera BLDG.

Experience the pinnacle of modern comfort in this stunning new construction home, perfectly positioned on a premium corner lot in the heart of the Riviera community on Anderson Island. Designed with an effortless approach, a sleek cement sidewalk leads you to a generous covered patio, setting the stage for the sophisticated living within. Step inside to an expansive, light-filled great room featuring soaring 9' ceilings & a handsome mantle with electric fireplace, offering the perfect blend of warmth & modern convenience. The Kitchen is a masterpiece, showcasing deluxe granite countertops, a sprawling eat-in island, shaker-style cabinetry, & stainless steel appliances. Down the hall, the thoughtful floorplan offers 2 addt'l bedrooms & a full guest bath, plus a convenient utility closet & direct access to a spacious two-car garage. The primary suite is a true sanctuary, featuring a luxurious full ensuite & generous walk-in closet. Indulge in the spa-inspired experience of radiant-heated tile floors, double sinks with quartz counters, & a custom tile shower/tub combo. Outside, a sliding glass door opens to a landing with gentle steps down to your spacious yard. Boasting energy-efficient upgrades & custom elements rarely seen in new builds, this home is move-in ready and perfectly positioned just minutes from the Riviera’s executive golf course, freshwater lakes, and marina. Elevate your lifestyle on Anderson Island—this is the home you have been waiting for!

11813 Island 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.