Anderson Island Homes under $500,000

Welcome to Anderson Island, a hidden gem nestled in the heart of Washington State’s Pierce County. This enchanting island, accessible only by ferry, offers a serene escape from the hustle and bustle of city life while still being conveniently located just a short distance from Tacoma and Seattle. With its breathtaking natural beauty, charming community, and rich history, Anderson Island is the perfect place to call home.

One of the most appealing aspects of this picturesque island is the affordability of its real estate market. Homes under $500,000 are not just a possibility; they are a reality. Whether you’re seeking a cozy cottage with stunning views of the Puget Sound, a spacious family home surrounded by lush forests, or a quaint retreat for weekend getaways, Anderson Island has something to offer everyone.

Imagine waking up to the soothing sounds of nature, enjoying your morning coffee while watching the sunrise over the water, and spending your afternoons exploring the island’s many parks, trails, and beaches. With a vibrant community that hosts various events, from farmers' markets to art shows, you’ll quickly find yourself immersed in the local culture.

Anderson Island is not just a place to live; it’s a lifestyle. With affordable housing options, friendly neighbors, and an abundance of outdoor activities, this island paradise invites you to create lasting memories. Discover your dream home on Anderson Island today, and experience the tranquility and beauty that this unique community has to offer!

Newest Anderson Island Homes under $500,000

$399,950

3 Beds ⋅ 2 Baths ⋅ 2591548 MLS ⋅ ACTIVE Status

One of Anderson Island’s premier builders is at it again, bringing an expanded version of one of his most popular floor plans to a beautiful double lot! Set on more than 1/3 acre, this brand-new 3-bedroom, 1.75-bath home combines thoughtful design, quality craftsmanship, and the relaxed island lifestyle. Step inside and say “WOW!” The light-filled open-concept floor plan and soaring vaulted ceilings create an impressive sense of space, making this home live even larger than its 1,360 square feet. Designer colors, solid wood doors, and carefully selected finishes add warmth and character throughout. The inviting covered front porch features a gorgeous tongue-and-groove ceiling, while the generous rear deck offers the perfect spot for outdoor dining, entertaining, or simply enjoying the peaceful surroundings. Three generously sized bedrooms provide plenty of flexibility, while the expansive 16,849-square-foot double lot offers exciting possibilities for a future detached garage or shop, additional outdoor living space, or the garden you’ve always wanted. Located within the Riviera Community Club, ownership includes access to an array of island amenities including the golf course, boat launch, lakes, parks, campground/RV facilities, and more. A rare opportunity to own brand-new construction on a spacious double lot and enjoy all that Anderson Island has to offer!

11011 Cascade Place, Anderson Island

Listing Broker: Keller Williams Realty; John Hurlbut; 253-222-2626; john@altitudehomes.com

$435,000

3 Beds ⋅ 2 Baths ⋅ 2590562 MLS ⋅ ACTIVE Status

A quintessential Pacific Northwest island cabin, ready for year-round living or your vacation getaway! A covered front porch overlooks charming homestead gardens. A half-block walk to beautiful Lake Josephine and a dock that feels like your own. This one-of-a-kind log home has it all: 3 bedrooms, 1.75 baths, radiant-heat floors, vaulted great room with skylight and a river rock gas fireplace. Two bedrooms and a full bath are on the main level, while upstairs you'll find a generous primary suite with a walk-in closet, 3/4 bath, and its own deck. The spacious downstairs rec room, complete with pool table, is perfect for rainy days when you'd rather stay in or catch the game. There's space here -- for togetherness or solitude. The grounds are truly special: a wooded & open 9,200 sq ft corner lot with a firepit, shed and greenhouse, plus plenty of room for your outdoor toys. Long enjoyed as a second home, the property has also generated solid seasonal vacation rental income. Can be sold furnished or unfurnished. Part of the Riviera Community, with access to the golf course, two nearby lakes, marina, community center, trails, parks and the Lakeshore restaurant. Just a 20-minute ferry ride from Steilacoom and a 7-minute drive from the ferry landing, this island escape is the one you've been waiting for!

10617 Riviera Drive, Anderson Island

Listing Broker: Engel & Voelkers Seattle DT; Nancy Carroll; 206-920-6868; nancy.carroll@evrealestate.com

$449,900

2 Beds ⋅ 2 Baths ⋅ 2589622 MLS ⋅ ACTIVE Status

TWO PARCELS INCLUDED! A rare opportunity on Anderson Island—an updated golf-course home PLUS the adjacent lot, offering extra privacy, space and future possibilities. Situated along the 2nd fairway, this 1,620-sq.-ft. home offers 2 bedrooms, 2 baths and comfortable single-level living in a peaceful setting. Updated in 2020 and equipped with a Generac whole-house generator, it's ready for full-time living or the perfect island retreat. Enjoy golf-course views, generous outdoor space and room for RV or boat parking. Ownership includes access to Riviera Community Club amenities, including lakes, parks, marina, golf course and more. Just a short ferry ride from Steilacoom, Anderson Island offers the chance to slow down without being far from the mainland. Two parcels, an updated home and a golf-course location—all for $449,900.

11001 Pioneer Drive, Anderson Island

Listing Broker: Berkshire Hathaway HS NW; Linda Wilczak; 253-328-5322; lindawilczak@bhhsnw.com

$389,000

2 Beds ⋅ 2 Baths ⋅ 2578846 MLS ⋅ ACTIVE Status

Welcome to island living at its best! Nestled on a spacious shy ½-acre setting along a quiet dead-end road, this charming 2-bedroom, 1.5-bath home offers a peaceful retreat just a stone’s throw from Lake Florence. Enjoy partial lake views and convenient members-only park and dock access directly across the street, plus easy proximity to the ferry, commercial center, Riviera HOA amenities and all that Anderson Island has to offer. Two separate entrances add ultimate convenience and flexibility. Once on the property you will be greeted by a wraparound deck from which to relax & take in lake views. Enter to a light & bright living space, with thoughtfully designed windows that look out onto a beautiful setting & cozy wood fireplace. On the main level, an open concept kitchen & living space that leads down the hall to a ¾ bath with soaker tub & generously sized primary bedroom. The daylight basement offers incredible flexibility with a large bonus room featuring built-in bookshelves & desk, exterior access, plus a spacious bedroom and ¾ bath that could easily serve as a second primary suite or guest quarters. The detached 2-car garage and shop provide plenty of room for vehicles, projects, hobbies and storage. Plus plenty of space to expand your outdoor living potential, start a vegetable garden, or park your RV. All HOA amenities included! Marina, golf course, & more. This is the perfect opportunity to enjoy the serenity, recreation & community of island life. View today!

10006 Eagle Place, Anderson Island

Listing Broker: Coldwell Banker Bain; Sofia Sabeti; 253-370-7428; sofia.sabeti@cbrealty.com

11132 Country Club Drive, Anderson Island

$395,000

3 Beds ⋅ 1 Baths ⋅ 2571061 MLS ⋅ ACTIVE Status

Welcome to easy island living on Anderson Island! This fully updated 3-bedroom, 1-bath home offers 1,160 sq ft of thoughtfully refreshed living space on a spacious, level lot in the heart of the Riviera Community Club. Move-in ready and full of charm, this home blends modern updates with the peaceful, laid-back lifestyle Anderson Island is known for. Recent improvements include: New roof installed 2022, full kitchen remodel, fresh interior & exterior paint, full bathroom remodel, new LVP flooring throughout, new light fixtures & a newly painted deck. Enjoy the convenience of an ideal location just steps from Lakeshore Restaurant, Lake Josephine, and the Riviera Golf Course. Outside, the level, usable yard offers plenty of room to garden, entertain, play, or simply relax. A detached 2-car carport and separate storage shed provide added parking and storage. Whether you're looking for a full-time residence, weekend retreat, vacation home, or low-maintenance island getaway, this property offers an inviting opportunity to enjoy Pacific Northwest island living. Come experience the quiet, natural beauty & relaxed pace of Anderson Island—all just a ferry ride away!

11132 Country Club Drive, Anderson Island

Listing Broker: Timber Real Estate; Amy Quinn; 425-785-1245; amy@timberrealestate.com

$305,000

3 Beds ⋅ 2 Baths ⋅ 2572725 MLS ⋅ ACTIVE Status

Your Anderson Island Retreat Near the Lakes! Nestled just a couple of blocks away from 2 freshwater lakes in a quiet, wooded neighborhood where wildlife abounds, this charming 3-bedroom, 2-bathroom single-level home is your ultimate island escape. This updated home boasts charming custom features to accentuate the feel of island living. From vaulted pine ceilings that infuse the space with a warm, cozy cabin feel to wooded shiplap details & eat-in butcher block bar in the spacious kitchen, you will love the attention & care given to this home! The functional split-floor plan places the large primary bedroom and ensuite on one end, with two guest bedrooms and a full bath on the other, offering great privacy for visitors. Savor time spent on the generous covered back deck, providing an ideal setting for year-round outdoor living space from which to BBQ, entertain, or gather round the fire pit & enjoy the serene natural setting. Best of all, you are just moments away from a refreshing dip in the cool waters of Lake Florence or casting your line from the shores of fully stocked Lake Josephine. Whether you are searching for the ultimate weekend getaway or a peaceful full-time residence, this property is sure to delight! All Riviera Community Club amenities are included, granting you access to local parks, tennis & bocce ball courts, a 9-hole executive golf course, saltwater marina & boat launch, Lakeshore restaurant, and community events. Welcome home!

10517 Matthews Way, Anderson Island

Listing Broker: Coldwell Banker Bain; Sofia Sabeti; 253-370-7428; sofia.sabeti@cbrealty.com

$475,000

3 Beds ⋅ 3 Baths ⋅ 2563584 MLS ⋅ ACTIVE Status

Offering a prime location situated along the edge of the Riviera Country Club & Golf course, this inviting 3 bdrm/3 bath + 2 FLEX ROOMS home offers the perfect setting. Soaring vaulted ceilings, skylights & upper windows flood the home w/light! Bamboo flooring in the main area w/a propane f/p for cool PNW evenings. Primary is tucked away upstairs with a loft view that offers built-ins, Ensuite bath, walk-in closet & private balcony. The galley kitchen is a great place to cook your fresh crab or coastal catch. Fully finished basement offers a main area, 2 FLEX rooms, full bath, wet bar & separate entrance.-Ideal for guests or extended living possibilities. Situated on a spacious double lot amidst mature trees, there's plenty of room to enjoy the peacful surroundings & relaxed Anderson Island lifestyle. Store your boat & more in the oversized garage. The Riviera Community offers an impressive array of amenities, including the Executive 9-hole golf course, 2 freshwater lakes, parks & sport courts, & private access to the Saltwater marina. There's a private campground w/hookups & cabins- a great perk for friends. Don't want to cook? The Lakeshore Restaurant is just steps away where you can dine right on Lake Josephine. The general store and gas pumps are on their way back! Soon making Island living even more convenient. Whether you're dreaming of a relaxed island retreat, a weekend escape, or an investment property, this versatile property offers endless possibilities!

11108 110th Street Ct, Anderson Island

Listing Broker: KW Mountains to Sound Realty; Dawn Dube; 206-396-8926; dawndube@KW.com

$449,000

3 Beds ⋅ 3 Baths ⋅ 2567897 MLS ⋅ ACTIVE Status

Beautifully finished modern farmhouse offering peaceful island living on Anderson Island. This 1,666-square-foot home features three bedrooms, a dedicated office, two and a half bathrooms, and an attached two-car garage. The thoughtful split-bedroom layout places the private primary suite apart from the secondary bedrooms, while the office is conveniently located near the entry. Large windows fill the vaulted open-concept living area with natural light. The spacious kitchen features quartz countertops, soft-close shaker cabinetry, stainless steel appliances, matte black finishes, and an oversized island with bar seating. The great room is centered around an electric fireplace and opens directly to a covered Trex deck for year-round outdoor living. The primary suite includes a walk-in closet and five-piece bathroom with two separate vanities, a tub, and a separate walk-in shower. Additional highlights include waterproof LVP flooring, craftsman-style trim, recessed LED lighting throughout, solar panels, a high-performance ducted heat pump, and a dedicated laundry room near the garage. As a Riviera Community Club property, enjoy access to fishing, swimming, golf, parks, and other recreational amenities. The home is also near Johnson Farm, which hosts year-round events and activities, along with the island’s many music, film, art, and educational programs.

8918 127th Avenue Ct, Anderson Island

Listing Broker: RE/MAX Premier Group; Israel Jimenez; 360-515-8225; israel.jimenez@remax.net

$339,000

3 Beds ⋅ 2 Baths ⋅ 2566655 MLS ⋅ ACTIVE Status

Do you love open sunny spaces, green green grass, and quiet streets? Then this modern charmer located on the Riviera golf course driving range is perfect for you! This vintage 1980 double-wide manufactured home has been completely remodeled right down to the studs in 2025. You'll be impressed by the many quality upgrades that have been incorporated into this turn-key ready home! Step into a fabulous great room with elegant, sleek, modern fixtures and finishes throughout. Vaulted wood lined ceilings, open beams, and elegant wains coating set this home apart. Relax in the comfortable living room seating area around an ambient fireplace. You'll love the entertainer's dream kitchen complete with ample cabinetry, plenty of counterspace, stainless steel appliances, quartz countertops, and a massive breakfast Island. Down the hall lie 2 full bedrooms and a flexible space den/guest room just right to for tele-commuting or accommodating all your guests. The spacious and private 5-piece primary ensuite boasts brilliant white & gray marble tile gracing the bathroom floors and showers. The wood-toned built in shelving, and a stand-alone soaking tub make this bathroom unique. Each bedroom has it's own unique wall enhancements, lighting, & individual ductless heating/cooling. Outdoors, enjoy summer dining on the expansive new composition deck. Observe wildlife daily and take advantage of your Riviera membership to access the well-maintained parks, lakes, trails, golf, tennis and more!

10717 Edgewood Drive, Anderson Island

Listing Broker: Coldwell Banker Bain; Lorena K. McPhail; 253-592-8205; lorenamcphail@cbbain.com

$425,000

2 Beds ⋅ 2 Baths ⋅ 2563560 MLS ⋅ ACTIVE Status

Your Anderson Island Dream Home is Waiting for You by the End of August! Purchase a New Designer Custom-Built Home in the center of the Riviera Community Club, featuring 1468 sq ft with 2 bedrooms and 1.5 baths, with beautiful ash wood cabinets, butcher block counters and upgraded stainless appliances in kitchen and quartz counters/tile in baths. You will love the exposed beams, modern lighting, tall solid wood doors, and large kitchen island with several recessed lighting options! The main floor has a open layout with attractive waterproof vinyl plank floors and vaulted ceilings. This house has modern colors, and attractive finish work throughout! Enjoy the covered deck and nature surrounding the house! Save energy and have great climate control from the split system heat pump system throughout the house! Very close to the Riviera Lakeshore Restaurant, 2 freshwater lakes, Tennis/Pickleball Courts, and Golf Course! Enjoy the summer at your new home!

11215 Juniper Place, Anderson Island

Listing Broker: Best Choice Realty LLC; Thomas Krueger; 253-229-7971; tom@bestchoicerealtywa.com

$480,000

3 Beds ⋅ 3 Baths ⋅ 2559723 MLS ⋅ ACTIVE Status

Beautifully remodeled 3 bedroom, 2.5 bath home offering 2,199 square feet of thoughtfully updated living space, perfectly positioned along the 7th fairway of Riviera Golf Course on Anderson Island. Enjoy peaceful golf course views that create the feeling of having your own expansive backyard, all while embracing the quiet charm and recreation of island living.Designed for both everyday comfort and entertaining, the open-concept floor plan features modern finishes, abundant natural light, and seamless indoor-outdoor living. Step outside to the expansive back deck, an ideal space for morning coffee, summer barbecues, or simply relaxing while overlooking the lush fairways and tranquil surroundings.Major improvements include a new septic system installed in 2022 and a new roof completed in 2025, offering added value and peace of mind. A detached one-car garage provides versatile space for a vehicle, golf cart, workshop, or all your island adventure gear.Located within the sought-after Riviera Community Club, you'll enjoy exclusive access to private freshwater lakes for swimming, boating, and fishing, a marina, scenic parks, hiking trails, tennis and pickleball courts, a clubhouse, and the beautiful Riviera Golf Course. Whether you're searching for a full-time residence, a vacation home, or an investment property, this move-in-ready Anderson Island retreat offers the perfect blend of modern updates, outdoor recreation, and the relaxed Pacific Northwest island lifestyle.

11107 Tahoma Drive, Anderson Island

Listing Broker: Timber Real Estate; Amy Quinn; 425-785-1245; amy@timberrealestate.com

$319,000

3 Beds ⋅ 2 Baths ⋅ 2550382 MLS ⋅ ACTIVE Status

Come discover your own private sanctuary on Anderson Island! Tucked away on a quiet cul-de-sac shared with only one other house, this charming 3 bed 1.75 bath home offers the ultimate in peace & privacy. Whether you are looking for the perfect weekend getaway or a serene full-time retreat, this single-level home delivers comfort & convenience in a beautiful, natural setting. The interior is bright & inviting, featuring stunning hickory cabinets in the galley-style kitchen & skylights that bathe the home in natural light. Recent upgrades ensure peace of mind & modern appeal, including durable laminate hardwood flooring, newer windows, doors & doorframes, newer cadet heaters & thermostats, ductless mini-split for efficient heating & cooling, and a brand-new roof. Enjoy a functional floor plan with large living space, dining nook, & hallway leading to guest bedrooms (one w/ large walk-in closet) & primary suite w/ 3/4 bath & walk in closet. Step outside to your expansive back deck, the perfect place to relax & take in the abundant wildlife & lush surroundings. With 2 sheds for all of your storage needs & tax parcel 5018061550 included, you will enjoy a generous 1/2 acre footprint with room to expand or enjoy a natural buffer. Location is everything! You are just moments away from the ferry terminal for easy commuting & equally close to the popular "Ole Swimmin' Hole" on Lake Florence for recreational fun. Embrace the best of island living in this move-in ready home. View today!

11618 Breaker Way, Anderson Island

Listing Broker: Coldwell Banker Bain; Sofia Sabeti; 253-370-7428; sofia.sabeti@cbrealty.com

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