Why Live in Bonney Lake
Bonney Lake in Lake Tapps, Washington, offers a tranquil lakefront lifestyle with stunning views of Mount Rainier. This city, home to about 20,000 residents, spans eight square miles of land and one mile of water, located 20 miles east of Tacoma and an hour south of Seattle. The neighborhood features large lots and ample space between homes, contributing to its peaceful ambiance. Fishing enthusiasts will appreciate the regularly stocked rainbow trout in the small, motor-free lake, while boaters can head to nearby Lake Tapps, just two miles away, for boating and swimming. The Sumner-Bonney Lake School District serves the area, with Bonney Lake Elementary and Lakeridge Middle School both receiving high ratings. Bonney Lake High School is also highly regarded, offering advanced placement courses. Local parks such as Allan Yorke City Park and Victor Falls City Park provide playgrounds, walking trails, and scenic views, including a 70-foot waterfall. Indoor activities include Lake Tapps Pilates and shopping at Carrie Jayne Clothing and Consignment Boutique. Dining options feature Sumalee’s Thai Cuisine and Glow Martini Lounge, while Big Smiles Bakery caters to those with a sweet tooth. Essential shopping is convenient with Fred Meyer, Home Depot, Target, and Costco nearby. The neighborhood's homes range from quaint waterfront cabins to expansive family homes, all within a short drive to the lake. Bonney Lake's low crime risk compared to the national average adds to its appeal, making it a desirable place for those seeking a serene and picturesque community.
Home Trends in Bonney Lake, WA
On average, homes in Bonney Lake, Lake Tapps sell after 34 days on the market compared to the national average of 51 days. The median sale price for homes in Bonney Lake, Lake Tapps over the last 12 months is $639,950, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$639,950
Median Single Family Sale Price
$665,000
Median Townhouse Sale Price
$455,000
Median 2 Bedroom Sale Price
$374,975
Average Price Per Sq Ft
$343
Number of Homes for Sale
53
Last 12 months Home Sales
225
Median List Price
$670,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%