Bonney Lake Homes under $500,000

Welcome to Bonney Lake, Washington – a hidden gem nestled in the heart of Pierce County! This picturesque city, located just 30 miles southeast of Seattle, is known for its stunning natural beauty, friendly community, and a wealth of recreational opportunities. With its breathtaking views of Mount Rainier and access to numerous lakes and parks, Bonney Lake offers a serene escape from the hustle and bustle of city life, while still being conveniently close to urban amenities.

Bonney Lake is an ideal place for families, young professionals, and retirees alike. The city boasts a variety of excellent schools, making it a perfect environment for raising children. Furthermore, the local community is vibrant and welcoming, with numerous events and activities throughout the year, fostering a strong sense of belonging among residents.

For those looking to settle down in this charming city, Bonney Lake offers a fantastic selection of homes under $500,000. Whether you’re in search of a cozy single-family home, a modern townhouse, or a spacious condo, you’ll find options that fit your budget and lifestyle. Many of these homes feature beautiful backyards, updated interiors, and easy access to local parks and amenities.

Embrace the opportunity to live in Bonney Lake, where nature meets community spirit, and affordable housing options await. With its stunning landscapes and friendly atmosphere, you’ll quickly discover why Bonney Lake is the perfect place to call home!

Newest Bonney Lake Homes under $500,000

$470,000

3 Beds ⋅ 2 Baths ⋅ 2594585 MLS ⋅ ACTIVE Status

First time on the market, this Bonney Lake home offers 3 bedrooms with bonus room, and two 3/4 baths, one fully remodeled and another offering the opportunity to create a private primary bath; is plumbed for a shower and is ready for the right flooring. It also offers a cozy living room with a gas fireplace for the cold days, and the kitchen has an eating space. There is a laundry room with extra storage. The property offers extra storage in the attic, mature fruit trees (grapes, plum), a large back yard with a shed and a green house. There is off street parking under a carport and a garage that can serve as a shop. There is room for RV parking. The home is conveniently located for freeway access as well as close to shopping, dining services and everyday amenities. The home is ready for you to come make it your own.

18609 88th Street E, Bonney Lake

Listing Broker: eXp Realty; Eloise Andrews; 253-600-8506; Eloise.AndrewsRealEstate@yahoo.com

$439,450

3 Beds ⋅ 2 Baths ⋅ 2594550 MLS ⋅ ACTIVE Status

Huge flat lot with mature landscaping. Plenty of space to enjoy the outdoors in this 3 bed 2 bath home that also has a flex area that could be used for an office,dining room or play area. The open concept layout offers a bright and spacious living area that flows into the open kitchen and dining area.Ideal for every day living and entertaining. The kitchen features a large island for eating and doing office work. The primary ensuite includes huy=ge bathroom area with ample closet space. With the modern finisshes and functional design, this home offers comfort space and easy living. There is also room for extra parking and this home will not last long.

11519 199th Avenue E, Bonney Lake

Listing Broker: Real Estate 2000 Inc.; John Gustason; 253-569-2657; lostplay@comcast.net

$469,999

3 Beds ⋅ 2 Baths ⋅ 2593783 MLS ⋅ ACTIVE Status

Beautifully refreshed and ready for its next owner! This 3-bedroom, 2-full-bath home with a dedicated office offers comfort, style, and thoughtful updates throughout. Enjoy peace of mind with a brand-new roof and gutters installed in August 2026, along with fresh interior paint and brand-new granite countertops with a separate pantry/laundry room. The partially greenbelt-backed lot provides a private, natural backdrop, while the heat pump keeps you comfortable year-round. With a park just a short walk away, this home offers the perfect blend of modern updates, privacy, and outdoor enjoyment. Also, has a fenced concrete slab dog kennel, two large sheds and RV parking! Nothing to do but move in and enjoy!

21001 92nd Street E, Bonney Lake

Listing Broker: Best Choice Network LLC; Bryce Scott; 253-355-9880; brycesellsre@gmail.com

$450,000

3 Beds ⋅ 3 Baths ⋅ 2593920 MLS ⋅ ACTIVE Status

$450k! Great value!! Check it out!! Charming 3 bed 2.5 bath Move in ready home! Welcome to this beautifully maintained home nestled on just shy 1/4 lot. Freshly painted inside and new laminate flooring in living room and both baths. Newer exterior paint as well. Open concept kitchen with island and stainless appliances stay. One bedroom on main floor. Primary upstairs with full bath and walk-in closet. Good size deck and firepit in this fully fenced back yard. Two car garage and RV parking available.

22207 126th Street E, Bonney Lake

Listing Broker: Redfin; Robert Stoeck; 253-988-0598; robert.stoeck@redfin.com

$375,000

3 Beds ⋅ 2 Baths ⋅ 2589067 MLS ⋅ ACTIVE Status

Welcome home to this lovely, well-maintained manufactured home on its own land in Bonney Lake’s desirable Prairie Ridge area! This cozy, single-level home offers 3 bedrooms and 2 bathrooms, with a warm and comfortable feel throughout. Lovingly owned by the same owners, it’s now ready for a new chapter! Enjoy beautiful unobstructed Mt. Rainier and territorial view from most every room. Spacious Trex deck in back and front—an ideal spot to relax, entertain or simply take in the peaceful surroundings. With no neighbors directly behind, you’ll enjoy added privacy and a wonderful sense of space. Features include a metal roof with added insulation, newer windows, a wood stove, carport, cute shop, Cedar siding and an additional outbuilding. The home was purchased with the “Alaska Package,” providing added insulation for year-round comfort. All appliances stay. Convenient location close to Costco, shopping, dining, schools, medical offices and everyday amenities. A wonderful opportunity to enjoy comfortable living with a little extra room to breathe!

22142 133rd Street E, Bonney Lake

Listing Broker: Redfin; Christine Hudson; 253-590-6440; christine.hudson@redfin.com

$410,000

3 Beds ⋅ 2 Baths ⋅ 2593542 MLS ⋅ ACTIVE Status

OWN THE LAND! NO HOA! NO SPACE RENT! Discover the freedom and possibilities of this spacious 3-bedroom, 2-bath manufactured home situated on a generous 20,199 sq ft CORNER LOT—nearly half an acre of your very own! Offering 1,848 sq ft of living space, this property is surrounded by towering evergreens, mature landscaping, and a beautiful natural setting. Step inside to find expansive living areas, attractive flooring, a cozy wood-burning stove, and a spacious kitchen featuring abundant cabinetry, generous counter space, and a convenient breakfast bar. The flexible floor plan provides plenty of room for entertaining, hobbies, or a home office. Step outside to the expansive covered deck, perfect for morning coffee, weekend BBQs, or simply relaxing and enjoying the greenery. The generous yard offers endless possibilities for gardening, outdoor activities, and creating your dream outdoor retreat. BIG-TICKET UPDATES include a NEW METAL ROOF (2025), NEW WATER HEATER (2023), and under-home cleanout and installation work (2023). Two back rooms feature fresh paint, new carpet, and a new closet door completed in April 2025. With OWNED LAND, NO MONTHLY SPACE RENT, NO HOA, nearly half an acre, and important improvements already completed, this property offers space, flexibility, and opportunity that's hard to overlook. Bring your vision and make it yours!

20701 92nd St E, Bonney Lake

Listing Broker: Berkshire Hathaway HS NW; Felicia Mackey; 206-771-8008; felicia@keyology.net

$395,000

3 Beds ⋅ 2 Baths ⋅ 2593066 MLS ⋅ ACTIVE Status

This wonderful 3-Bedroom, 2-Bath home has been beautifully remodeled and is ready for you to call it home. It has a brand-new roof & exterior paint. On the inside enjoy the new gorgeous vinyl planked flooring, interior paint throughout and 2025 water heater. This home begins with an inviting front deck to relax on. The living room has great natural light and is open to the eat-in kitchen and dining room. Enjoy the large primary bedroom with walk-in closet and attached primary bathroom. The other side of the home has 2 more bedrooms and full bathroom. The huge backyard is fully fenced and ready for you to customize it to your liking. There is a large outdoor shed/shop as well and a gated side entrance to easily pull in other cars or RV. This home is conveniently located close to shops, dining, schools, walking trails and playgrounds. Come make this your new home sweet home!

11321 201st Ave E, Bonney Lake

Listing Broker: MGI Real Estate; Amy B Myers; 360-739-2424; amy@myersgeneral.com

$490,000

3 Beds ⋅ 2 Baths ⋅ 2591992 MLS ⋅ ACTIVE Status

Privately positioned within Clearwater, this thoughtfully maintained 3 bed 2 bath single-level residence enjoys one of the community’s more desirable settings, with generous parking, and a sense of privacy rarely found in a neighborhood setting. Inside, upgraded hard-surface flooring extends throughout the home, creating a clean, cohesive aesthetic while offering effortless everyday maintenance. At the heart of the home, the kitchen features stainless steel appliances and a convenient breakfast bar that opens naturally to the living space, where a gas fireplace adds warmth and ambiance. Beyond, the fully fenced backyard becomes an extension of the home with a generous entertainment patio and pergola—an inviting setting for outdoor dining, gatherings, or quiet evenings at home. The spacious primary suite provides a comfortable retreat with plenty of room to unwind. Both bathrooms feature updated vanities for a fresh, contemporary feel. Residents of Clearwater enjoy a gated community with a private playground, and an enviable location near Lake Tapps, parks, shopping, dining, schools, and Highway 410, putting the best of the surrounding area and everyday conveniences just moments away. Pre-inspected and move-in ready, welcome home!

21509 102nd Street Ct E, Bonney Lake

Listing Broker: Windermere Real Estate/East; Arika Josephson; 425-449-0188; Arika@Windermere.com

$429,950

3 Beds ⋅ 2 Baths ⋅ 2589119 MLS ⋅ ACTIVE Status

Rare opportunity to own a brand new 2026 built 3 bedroom, 2 bath home offering 1,296 sqft of beautifully finished living space. Come inside and fall in love with the open floor plan, spacious living area, and modern designer finishes throughout. Modern kitchen features white cabinetry, stainless steel appliances, pantry, ample counter space, and a huge center island perfect for entertaining, meal prep, or gathering with guests. Large primary suite is privately situated on the opposite side of the home from the additional bedrooms and includes a walk-in closet plus a spacious bath with dual vanities and walk-in shower. Two additional bedrooms share a full bath creating a functional and desirable layout. Home feels bright and inviting with recessed lighting, oversized windows, neutral colors, and abundant natural light throughout. Minutes away from 410, Schools & amenities.

11310 202nd Avenue E, Bonney Lake

Listing Broker: Terrafin; Paul Coleman; 253-677-7628; colemanteamre@gmail.com

$499,950

3 Beds ⋅ 2 Baths ⋅ 2587060 MLS ⋅ ACTIVE Status

Welcome to this beautifully maintained 3 bedroom, 1.75 bath home offering 1,104 sq ft of comfortable living on a spacious 8,250 sq ft lot. This inviting home features a bright living area, updated kitchen with stainless steel appliances, dining space, air conditioning and a thoughtfully designed single level layout. Step outside and discover what truly makes this property special. The fully fenced yard has been transformed into an incredible outdoor retreat, complete with beautiful landscaping, colorful garden areas, a manicured lawn and multiple spaces to gather, entertain or simply unwind. The impressive covered entertaining area is surrounded by outdoor lighting and features a built in outdoor kitchen setup with a grill, refrigerator, sink and propane cooktop, creating the perfect setting for outdoor dining and year round enjoyment. A large carport, included generator, covered RV parking with a 30 amp RV hookup and additional off street parking provide plenty of room for vehicles and recreational toys. Two backyard sheds offer even more storage for tools, gardening equipment and more. Conveniently located in Bonney Lake near shopping, dining, schools, parks and recreation with easy access to SR 410. From the beautifully cared for interior to the standout outdoor spaces, this property offers so much more than meets the eye. Come see it for yourself!

20801 Bonanza Drive E, Bonney Lake

Listing Broker: Skyline Properties, Inc.; Henry Torres; 253-507-3389; henry.torres@rocketmail.com

$495,000

4 Beds ⋅ 2 Baths ⋅ 2583298 MLS ⋅ ACTIVE Status

Spacious 4-bedroom, 2-bathroom home offering a versatile floor plan with dedicated office space and plenty of room to make your own. The private backyard backs to a peaceful greenbelt, creating a beautiful natural backdrop and added privacy for relaxing or entertaining. A 2-car garage provides convenient parking and additional storage. Ideally located near shopping, dining, schools, recreation, and everyday amenities, this home combines space, privacy, and a desirable Bonney Lake location. Bring your personal touches and enjoy the opportunity to make this home truly yours!

7721 Locust Avenue E, Bonney Lake

Listing Broker: Olympic Sotheby's Int'l Realty; Katie Harris; 360-880-2635; katieharris@olympicsir.com

$475,000

3 Beds ⋅ 2 Baths ⋅ 2583967 MLS ⋅ ACTIVE Status

Beautiful 3-bedroom, 2-bath home with garage/shop and Mt. Rainier views in the Prairie Ridge neighborhood. This great home features an open floor plan, dining room, and a large living room with a wood-burning fireplace that distributes heat through the furnace, and a brand new roof. The kitchen features a double oven and an island, plus tons of storage available in the laundry/pantry. Primary suite offers a built-in wardrobe, walk-in closet, and 5-pc ensuite bath with linen closet. Custom-built dividing doors lead to the game room that includes a high-end Brunswick pool table and all accessories. Theater room/library is wired for surround sound, and the hall bath was recently updated. Outside, you will find the 520 sq ft detached 2-car extra-tall garage/shop with heater, hot/cold water with a separate water heater, sink, an air compressor system, electric charging, and a genset that can power 6 circuits via a plug in the house panel, plus an attached RV carport. The fenced yard includes a deck, shed, and blueberry & marionberry bushes. The community offers a park, clubhouse, and playground. Easy access to Bonney Lake, Hwy 410, shopping, restaurants, parks, and more!

14317 Greenbelt Drive E, Bonney Lake

Listing Broker: Keller Williams Realty; Jessica Acord; 425-591-5468; jessica@acordregroup.com

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