11122 Angeline Rd E

Bonney Lake, WA 98391
  • $688,750

    Price
  • 3

    Bed
  • 1.5

    Bath
  • 1,609

    SqFt
  • 2.01

    Acre

About the Listing 911 - 66711,126373

**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

Listing Highlights for 11122 Angeline Rd E

Status Active
Days Active 19
Property Type Residential
MLS ® 2596783
Year Built 1959
Total Square Footage 1,609
Lot/Acreage 2.01
County Pierce
Building Name Star Lane
Neighborhood Bonney Lake
School District Sumner-Bonney Lake
Elementary School Victor Falls Elementary
Middle School Lakeridge Middle
High School Bonney Lake High

Interior Details

  • Bedrooms: 3
  • Bathrooms: 1 Full / 1 Half
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, See Remarks, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
  • Air Cond:
  • Heating: Baseboard
  • Fireplaces: 1, Wood Burning,1 Fireplace
  • Floor: Ceramic Tile,Vinyl Plank,Carpet
  • Basement:
  • Other: 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 Details

  • Lot Description: Paved,Value In Land,Built On Lot,Barn,Boat House,Cable TV,Fenced-Fully,Gas Available,High Speed Internet,Outbuildings,Patio,RV Parking
  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Lot Dimensions: 132*639*132*639
  • Roof: Composition
  • Others: Wood,Wood Products,Updated/Remodeled
  • Sewer: Septic
  • Parking Features: Attached Garage,RV Parking,Covered

Financial Details

  • Tax Amount: $7,817
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 0519054021
  • Tax Year: 2020

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11122 Angeline Rd E Bonney Lake, WA 98391

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Originating MLS: nwmls

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Jenn Smart

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