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3118 Deer Island Dr E , Lake Tapps, WA 98391
$1,250,000
Est. Payment: $6,213.21/mo
2 Bed
1 Bath
1212 Sqft
Status: active | Days on site: 44
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Western exposure waterfront home on Deer Island in Lake Tapps offering incredible views, natural light and some of the warmest waterfront living in the area! This charming 2-bedroom, 1-bath home blends classic character with thoughtful updates, featuring original hardwood floors in the bedrooms and an updated bathroom. Enjoy new laminate flooring throughout the living room, kitchen, and spacious family room, along with fresh interior paint and newer windows that enhance comfort and efficiency. The inviting living room showcases an electric fireplace, creating a cozy atmosphere year-round. The home also offers a generously sized updated bathroom and an oversized laundry room for added convenience. Step outside to a large covered patio—perfect for entertaining or relaxing while taking in the peaceful lakefront setting. Situated on a quiet dead-end road, this property provides privacy while remaining close to everyday amenities. Conveniently located near Sumner and Auburn train stations, schools, shopping, and Costco. Located on the westside of the lake, this home features a large lot with plenty of room to grow and the possibility of building a daylight basement or future additions to the home, plus a concrete pathway leading all the way to the lake for easy waterfront access. Complete with a detached oversized one-car garage and positioned as one of the best-priced homes on Lake Tapps, this is a rare opportunity to enjoy true waterfront living. A must-see!
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Highlights

Listed by Don M. Goethals , 253-891-9000 RE/MAX Extra Inc. , 253-891-9000. Northwest Multiple Listing Service

Property Type

Residential
Lot/Acreage
0.36

Year Built

1960

County

Pierce

Area

109 - Lake Tapps/Bonney Lake

 Neighborhood

Deer Island

 School District

Dieringer

Listing ID

2502647

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:1
  • ▪ Full Bathrooms:1
Floor:Ceramic Tile,Hardwood,Laminate,Carpet
Other:Ceiling Fan(s),Dbl Pane/Storm Window,Dining Room,Fireplace,Water Heater,Master on Main
Other:Public

Exterior Features

Lot:Dead End Street,Paved,Built On Lot,Cable TV,Fenced-Partially,Gas Available,High Speed Internet,Patio,RV Parking,Shop,Low Bank,Bulkhead,Lake,No Bank
Lot Dimensions:70x210
Garage Capacity:4
Roof:Flat,Torch Down
Others:Wood,Good
Sewer:Septic Tank
Parking Features:Driveway,Detached Garage,Off Street,RV Parking
Principal Interest
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$6,213
Taxes
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$773

Home Price

$1,250,000

Home Price

Loan Details

30 yrs
6.336%

Interest Rate

Loan Type

Down Payment

20%
$250,000

Down Payment

Down Payment %

All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,213.21

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,213.21 $772.67 $0.00 $6,985.88
Yearly $74,558.56 $9,272.00 $0.00 $83,830.56
Total $2,236,756.87 $278,160.00 $0.00 $2,514,916.87
Lender profile image
Preferred1765470255 Lender1765470255
My Title 1765470255
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Market insight data is pulled from the same city as the listing being viewed (Lake Tapps, WA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Estimated Payment, Market Insight Calculations, School and Neighborhood Information provided by Blueroof360

The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.
The three tree icon represents listings courtesy of NWMLS. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data last updated: 2026-07-02T04:49:14.000Z

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