Listing provided courtesy of eXp RealtyNWMLSas Distributed by MLSGrid- MLS# NWM2546270MLS Provider

4840 N Island Drive EBonney Lake, WA 98391

Single Family · 3 Beds · 2 Full Baths · 1 Half Bath · 1,483 Sq. ft. | 0.24 Acres
$600,000 Active

4840 N Island Drive E Overview

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Just in time for summer—enjoy beautiful Lake Tapps just steps from your new home! This charming 3-bedroom home on Inlet Island features vaulted ceilings, newer stainless steel appliances, and durable laminate flooring throughout. Stay comfortable year-round with air conditioning, and enjoy the convenience of a 2-car garage, ample parking for your RV, boat, or guests, plus your own private hot tub. Take in beautiful lake views from the front porch, living room, and primary suite. Just a short stroll away, the private community park offers a boat launch, playground, clubhouse, and waterfront park—everything you need to make the most of lake living. Move-in ready and full of potential, this home is waiting for you to add your own personal style and make it your own!

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4840 N Island Drive E Facts & Features

  • Type Single Family
  • Sq. ft. 1,483
  • Price/Sq.ft. $405
  • Lot 0.24 Acres

Details

General

Association/HOA

  • Association Fee: $250.00
  • Association Fee Frequency: Annually
  • Association Fee Includes: Common Area Maintenance

School Information

  • School District: Sumner-Bonney Lake
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Bonney Lake High

Building Information

  • New Construction: No
  • Year Built: 1989

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 109 - Lake Tapps/Bonney Lake
  • Subdivision Name: Inlet Island

Community/Development

  • Community Features: Boat Launch, Club House, Park

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $5,819.00
  • Tax Year: 2025

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 4720002680
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Bank Or REO, None

Interior

Building Information

  • Building Information: Built On Lot

Parking Information

  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Bedrooms Lower: 0
  • Bedrooms Upper: 3

Building Interior

  • Appliances Included: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 1483
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1483
  • Square Footage Finished: 1483
  • Square Footage Unfinished: 0

General Information

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Basement: None
  • Cooling: Yes
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Flooring: Laminate
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Interior Features: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Fireplace, Hot Tub/Spa, Vaulted Ceiling(s), Water Heater
  • Levels: Two
  • Living Area: 1483
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 0
  • Power Production Type: Electric,Natural Gas
  • Security Features: Partially Fenced
  • Spa: Yes

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, RV Parking
  • Parking Total: 2

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Paved
  • Lot Size Acres: 0.241
  • Lot Size Square Feet: 10500
  • Lot Size Units: Square Feet
  • Site Features: Cable TV, Deck, Fenced-Partially, RV Parking
  • Topography: Partial Slope
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 2
  • Exterior Features: Wood Products
  • Sewer: Sewer Connected

Room Information

Room: Bathroom Half

  • Level: Main

Room: Dining Room

  • Level: Main

Room: Entry Hall

  • Level: Main

Room: Family Room

  • Level: Main

Room: Great Room

  • Level: Main

Room: Kitchen Without Eating Space

  • Level: Main

Room: Living Room

  • Level: Main

Room: Utility Room

  • Level: Main

Room: Bathroom Full

  • Level: Second

Room: Bathroom Full

  • Level: Second

Room: Bedroom

  • Level: Second

Room: Bedroom

  • Level: Second

Room: Primary Bedroom

  • Level: Second

4840 N Island Drive E Neighborhood

Community

98391 (Bonney Lake) Demographics

37
Median Age
1,332
Population Density (per sq. mile)
41%
College Educated
$104,406
Estimated Median Income
15,404
Estimated Total Home Owners
2,599
Estimated Total Renters
86% / 14%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

4840 N Island Drive E Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

4840 N Island Drive E Market Data

Based on the last 30 days in this zip code

$876,827
Average List Price
$336
Average Price per Square Foot
93
Properties Sold
75
Average Days on Market
493
Properties for Sale
Calculations provided by Reliance Network

4840 N Island Drive E History

Date Event Value Agent
6/25/2026Source: NWMLS Added to Database
June 25, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021