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11122 Angeline Rd E , Bonney Lake, WA 98391
$688,750
Est. Payment: $3,661.38/mo
3 Bed
1.5 Bath
1609 Sqft
2.01 Acres
Status: active | Days on site: 33
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911 - 66711,126373
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

**FHA ASSUMABLE LOAN AT 4.25%** A rare opportunity to own 2 usable acres on a private, park-like oasis. APPROVED 6-home short plat already in place, creating immediate flexibility for today & significant development potential for the future! Renovated in 2024, this 3-bedroom rambler offers an open floor plan w/LVP flooring, bay window, wood-burning fireplace & an updated kitchen w/ample bar seating. Primary bath suite features a garden tub framed by bay windows overlooking the backyard. Step outside to an extended patio & sprawling, fully fenced backyard offering exceptional usable open space, accented by established trees for shade & privacy. 2-car garage, RV/Boat parking & extended driveway, just mins from shopping & daily essentials. Beyond the move-in-ready home, the property offers multiple paths forward: enjoy the acreage as-is, explore ADU potential, develop later, or execute the approved 6-home short plat. A comprehensive turn-key development package includes architectural renderings, floor plans, geotech & hydro reports, retaining wall design, surveys, pricing recommendations, financials & estimated build costs. Feasibility work has already been completed, plans are established w/professional builder & construction may potentially begin ~4 months. Broker-projected net project profit: $1,070,462! A compelling property for homeowners, builders & investors alike. Award-winning Sumner-Bonney Lake School District
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Highlights

Listed by Kimber Lee , 253-863-4406 and Bryce Lee , 253-318-2234 John L. Scott R.E. Lake Tapps , 253-863-4406. Northwest Multiple Listing Service mls logo

Property Type

Residential
Lot/Acreage
2.01

Year Built

1959

County

Pierce

Area

109 - Lake Tapps/Bonney Lake

 Neighborhood

Bonney Lake

 School District

Sumner-Bonney Lake

Listing ID

2596783

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:1.5
  • ▪ Full Bathrooms:1
  • ▪ 1/2 Bathrooms:1
Appliances:Dishwasher, Dryer, Microwave, Refrigerator, See Remarks, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
Floor:Ceramic Tile,Vinyl Plank,Carpet
Other:
  • ▪ Additional:Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Pantry, Water Heater, Wired for Generator, Master on Main
Water:City of Bonney Lake

Exterior Features

Lot:Paved,Value In Land,Built On Lot,Barn,Boat House,Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings,Patio,RV Parking
Lot Dimensions:132*639*132*639
Garage Capacity:2
Roof:Composition
Others:
  • ▪ Additional:Wood, Wood Products, Updated/Remodeled
Sewer:Septic
Parking Features:Attached Garage,RV Parking,Covered
Principal Interest
$3,661
Taxes
$651

Home Price

$688,750

Loan Details

30 yrs
6.988%

Down Payment

20%
$137,750
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:
$3,661.38

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,661.38 $651.42 $0.00 $4,312.79
Yearly $43,936.53 $7,817.00 $0.00 $51,753.53
Total $1,318,095.80 $234,510.00 $0.00 $1,552,605.80
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Bonney Lake, 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.
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Data last updated: 2026-11-07T09:56:14.000Z

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