5322 S Island Drive E Bonney Lake, WA $ 1,417,000
5322 S Island Drive E
$ 1,417,000
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5322 S Island Drive E

Bonney Lake, WA, 98391
$ 1,417,000
Bedrooms5 Baths2.1 Sq 3,144

Monthly Estimate*

$ 8,725

Listed by eXp Realty
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Single Family Home for sale in Bonney Lake, WA

for $1,417,000 with 5 bedrooms and 2 full baths, 1 half bath. This 3,144 square foot home was built in 1990 on a lot size of 0.2366.

Stunning Lake Tapps waterfront home offering approximately 3,144 square feet with breathtaking views of Mt. Rainier. This thoughtfully designed residence features 5 bedrooms, including a main-floor primary suite and a secondary bedroom or office. The primary suite opens directly to an expansive newly resurfaced 700-square-foot deck, creating the perfect place to relax while enjoying sweeping lake and mountain views. Inside, the home showcases extensive hardwood flooring, dramatic 18-foot tongue-and-groove cedar ceilings, wood-wrapped tinted windows, and plantation shutters that add warmth and character throughout. The kitchen features slab granite countertops, custom cabinetry, and stainless steel appliances, flowing seamlessly into the main living areas designed for both everyday living and entertaining. A spacious loft with panoramic lake and mountain views offers flexible living space. Additional highlights include a newer roof, central vacuum system, security system, and abundant storage. The detached 2+ car garage/shop includes additional storage above, providing excellent space for hobbies, equipment, or lake toys. Also, the home offers a 10KW Generac generator. Outdoor living is exceptional with a large entertaining deck, hot tub, fire pit, RV carport, boat parking, and a high-end U-shaped dock—creating the ultimate Lake Tapps waterfront lifestyle.

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Single Family Active

Price

$ 1,417,000

Bedrooms

5

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 14,193

Style

1 Story w/Bsmnt.

Lot Size

0.2366

Year Built

1990

Town/City

Bonney Lake

County/Region

Pierce

MLS | Web ID

2488254

Features
General
Living Area 3144
Sewer Sewer Connected
Heating Forced Air
Cooling Forced Air
Possession Closing
Roof Composition
Appliances Dishwasher(s) Disposal Microwave(s) Refrigerator(s) Stove(s)/Range(s)
HOA Fee 250
Security Features Fully Fenced
Year Built 1990
View Lake Mountain(s)
Topography Partial Slope
Levels One
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Bulkhead Lake
Community Features Boat Launch Park
Assoc Fee Paid Per Annually
County Pierce
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name Inlet Island
Facing Direction West
Garage Y/N Y
Full Baths 2
Special Listing Conditions None
Status Active
Directions HWY 410. Left on 64th St E (Inlet Island) Follow over Causeway to left on South Island Drive to home on Left.
City Bonney Lake
Senior Community Y/N N
High School District Sumner-Bonney Lake
MLS Area 109 - Lake Tapps/Bonney Lake
Lot Size Units Square Feet
Lot Size Square Feet 10305
Carport Y/N Y
Listing Terms Cash Conventional FHA USDA Loan VA Loan
Land Lease Y/N N
Tax Annual Amount 14193
Public Remarks Stunning Lake Tapps waterfront home offering approximately 3 144 square feet with breathtaking views of Mt. Rainier. This thoughtfully designed residence features 5 bedrooms including a main-floor pr
Virtual Tour https://my.matterport.com/show/?m=TkYfzadMkXV
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company City of Bonney Lake
Property Style 16 - 1 Story w/Bsmnt.
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Interior
Interior Amenities Bath Off Primary Built-In Vacuum Ceiling Fan(s) Dbl Pane/Storm Window Dining Room Fireplace French Doors Loft Skylight(s) Vaulted Ceilings Walk-In Closet(s) Wired for Generator
Basement Daylight Finished
Flooring Hardwood Carpet
Total Fireplaces 1
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
3/4 Baths 0
Total Bedrooms 5
Main Level Bedrooms 2
Total Baths 3
Fireplaces Main 1
Power Production Type Natural Gas
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 3
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 1
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 1
Baths Full Lower 1
Baths Full Garage 0
Bathrooms 2.5
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Exterior
Exterior Amenities Wood
Parking Features Detached Carport Detached Garage RV Parking
Lot Features Paved
Water Source Public
Total Parking 4
Inclusions Dishwasher(s) Garbage Disposal Microwave(s) Refrigerator(s) Stove(s)/Range(s)
Foundation Details Poured Concrete
Spa Y
Building Area Total 3144
Lot Size Acres 0.2366
Waterfront Y/N Y
Covered Spaces 4
Irrigation Water Rights Y/N N
Waterfront Footage 65
Site Features Cable TV Deck Dock Fenced-Fully Gas Available Hot Tub/Spa Moorage Patio RV Parking Shop Sprinkler System
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Internal Only
OriginalMLSID NWM2488254
Street Number 1 5322
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* Excluded Features
List By
Kimberly Fraser

Listing Agent

Exp Realty

Broker

Affordability Calculator

$9,907
Per Month
88%
12%
0%
Monthly Principal & Interest
$8,725
Monthly Property Taxes
$1,183
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3108145 Elementary School
3108144 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2026$1,417,000 Listed Price

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5322 S Island Drive E, Bonney Lake, WA, 98391 is a Single Family Home for sale at $1,417,000 with 3,144 sqft and a lot size of 0.2366. 5322 S Island Drive E has 5 bedrooms, 2.1 baths, and was built in 1990. The property's zip code is 98391 which is in Bonney Lake, WA