$725,000
11122 Angeline Road
Bonney Lake, WA 98391
Beds
3
Baths
2
Sq Ft
1,609
Lot
2.01 ac
Year built
1959
Type
Residential
Days listed
0
MLS #
2581121
About this home
4.0% BUYER BROKER COMPENSATION if closed on or before 11/01 **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
Interior features
Exterior features
Appliances
Schools
Elementary
Victor Falls Elem
Middle
Lakeridge Middle
High
Bonney Lake High
Property details
- Heating
- Baseboard
- Cooling
- None
- Flooring
- Ceramic Tile, Vinyl Plank, Carpet
- Parking
- Attached Garage, RV Parking
- View
- Mountains, See Remarks, Territorial
- Lot
- Paved, Value In Land
- Water source
- Public
- Sewer
- Septic Tank
- Style
- Traditional
- Levels
- One
- Fireplaces
- 1
Costs
- Price / sq ft
- $451
- Annual taxes
- $7,817 (2020)
Estimate your monthly payment
$4,317/mo
- Principal & interest
- $3,666
- Property taxes
- $651
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Bonney Lake, WA 98391
Approximate location. Contact us to confirm the exact address.
Listing courtesy of John L. Scott R.E. Lake Tapps— Kimber Lee.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
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