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7218 194th Avenue E Bonney Lake, WA $ 515,000
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7218 194th Avenue E
$ 515,000
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7218 194th Avenue E

Bonney Lake, WA, 98391
$ 515,000
Bedrooms3 Baths2.0 Sq 1,420

Monthly Estimate*

$ 3,171

Listed by Ensemble
7218 194th Avenue E, Bonney Lake, WA 98391 - Image 1
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Single Family Home for sale in Bonney Lake, WA

for $515,000 with 3 bedrooms and 2 full baths. This 1,420 square foot home was built in 1988 on a lot size of 0.2835.

Welcome to this 3-bedroom, 1.75-bath home located just a block and a half from Lake Tapps! This property offers a solid foundation with select updates already completed, while still leaving room to add your own style and build equity over time. Brand new roof and gutters.The generous lot provides space that’s hard to find — ideal for entertaining, gardening, storing recreational toys, or exploring future possibilities. There’s flexibility here for how you want to live.Enjoy close proximity to Lake Tapps for boating, paddleboarding, parks, and year-round outdoor recreation, all while being tucked into an established neighborhood setting. Whether you’re looking for a primary residence with upside or a smart long-term investment, this property offers location, lot size, and potential in one compelling package.

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Single Family Active

Price

$ 515,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 4,677

Style

1 Story

Lot Size

0.2835

Year Built

1988

Town/City

Bonney Lake

County/Region

Pierce

MLS | Web ID

2505235
Features
General
Living Area 1420
Sewer Sewer Connected
Heating Forced Air
Cooling None
Possession Closing Negotiable
Roof Composition
Appliances Dishwasher Dryer Refrigerator Stove(s)/Range(s) Washer
HOA Fee 0
Security Features Fully Fenced
Year Built 1988
View Territorial
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Pierce
New Construction N
Property Type Residential
HOA N
Attached Garage Y
Subdivision Name Bonney Lake
Garage Y/N Y
Full Baths 1
Special Listing Conditions None
Status Active
Directions From Hwy 410 take Veterans Memorial Dr E exit in Bonney Lake. Turn North onto Locust Ave E and then turn East onto Bonney Lake Blvd E. Turn south onto 194th Ave E. Home on the left.
City Bonney Lake
Entry Location Main
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 12350
Carport Y/N N
Listing Terms Cash Conventional FHA
Land Lease Y/N N
Tax Annual Amount 4677
Public Remarks Welcome to this 3-bedroom 1.75-bath home located just a block and a half from Lake Tapps! This property offers a solid foundation with select updates already completed while still leaving room to add
Virtual Tour https://l.lh.studio/videos/019d785c-8b2a-737d-9445-a20c0bca55d2?v=420
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company City of Bonney Lake Utilities
Property Style 10 - 1 Story
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Interior
Interior Amenities Bath Off Primary Fireplace Skylight(s)
Basement None
Flooring Vinyl Plank
Total Fireplaces 1
Fireplace Features Gas
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
3/4 Baths 1
Total Bedrooms 3
Main Level Bedrooms 3
Total Baths 2
Fireplaces Main 1
Power Production Type Electric
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 1
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 1.75
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Exterior
Exterior Amenities Wood Products
Parking Features Driveway Attached Garage RV Parking
Water Source Public
Total Parking 1
Inclusions Dishwasher(s) Dryer(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Building Area Total 1420
Lot Size Acres 0.2835
Waterfront Y/N N
Covered Spaces 1
Irrigation Water Rights Y/N N
Site Features Cabana/Gazebo Fenced-Fully Patio RV Parking
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Internal Only
OriginalMLSID NWM2505235
Street Number 1 7218
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* Excluded Features
List By
Justin Allen

Listing Agent

Ensemble

Broker

Affordability Calculator

$3,561
Per Month
89%
11%
0%
Monthly Principal & Interest
$3,171
Monthly Property Taxes
$390
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/10/2026$515,000 Listed Price

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7218 194th Avenue E, Bonney Lake, WA, 98391 is a Single Family Home for sale at $515,000 with 1,420 sqft and a lot size of 0.2835. 7218 194th Avenue E has 3 bedrooms, 2.0 baths, and was built in 1988. The property's zip code is 98391 which is in Bonney Lake, WA

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