Bonney Lake Homes under $500,000

Welcome to Bonney Lake, Washington—a hidden gem nestled in the picturesque Pierce County. This charming city, surrounded by stunning natural beauty, offers residents a perfect blend of outdoor adventure, community spirit, and convenient amenities. With its breathtaking views of Mount Rainier and proximity to serene lakes, Bonney Lake is a haven for nature lovers and families alike.

Bonney Lake boasts a vibrant community filled with parks, recreational facilities, and a variety of local events that foster neighborly connections. The city features an array of outdoor activities, from hiking and biking trails to fishing and boating at the beautiful Bonney Lake itself. For those who appreciate a slower pace, the scenic parks offer ideal spots for picnics and leisurely strolls.

One of the most appealing aspects of Bonney Lake is its diverse housing market, particularly for those seeking affordable options. With homes available for under $500,000, Bonney Lake provides an excellent opportunity for first-time homebuyers, growing families, and anyone looking to invest in a welcoming community without breaking the bank. From charming single-family homes to cozy townhouses, there’s something for everyone in this dynamic market.

In addition to its affordable housing, Bonney Lake offers easy access to major highways, making commutes to nearby cities like Tacoma and Seattle a breeze. With its friendly atmosphere, beautiful landscapes, and budget-friendly homes, Bonney Lake is not just a place to live—it's a place to thrive. Discover your dream home in this enchanting city today!

Newest Bonney Lake Homes under $500,000

$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

$490,000

3 Beds ⋅ 2 Baths ⋅ 2583497 MLS ⋅ ACTIVE Status

Welcome home to this inviting 3-bedroom 2 bath home situated on a spacious corner lot in desirable Bonney Lake. The comfortable floor plan offers light-filled living spaces with plenty of room to relax and entertain plus air conditioning for year-round comfort. A generously sized deck conveniently accessed from the kitchen and living room, extends the living space outdoors and is perfect for entertaining, dining, or relaxing. The large fully fenced backyard features a dedicated garden area and storage shed with room for pets and outdoor activities. The generous corner lot provides added space and privacy, while the 2 car garage offers convenient parking and storage. Ideally located near shopping, dining, recreation and everyday amenities A wonderful opportunity to enjoy comfortable living with exceptional outdoor space in Bonney Lake.

20507 123rd Street Ct E, Bonney Lake

Listing Broker: Berkshire Hathaway HS NW; Roxanne Kurosky; 206-890-9801; RoxanneAndTami@BHHSNWRE.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

$499,950

3 Beds ⋅ 2 Baths ⋅ 2582266 MLS ⋅ ACTIVE Status

Beautiful Richmond American Homes resale in Teheleh is a perfect investment that’s sitting on a large corner lot, featuring the sought-after Amethyst Plan! This thoughtfully designed home offers an open-concept layout with a spacious kitchen showcasing a large island, quartz countertops, and stainless-steel appliances, all overlooking the dining area and expansive great room that boasts a relaxing fireplace and new carpet! The generous owner’s suite features an ensuite bath with tiled shower and dual sink vanity. There are two additional guest bedrooms as you walk into this home, and full guest bath. Ceiling fans in nearly every room, Central A/C for added comfort, and all appliances stay! Ideally situated on a large corner lot with easy access to nearby trails and parks. Additional highlights include a utility room with cabinet, storage space and a fully fenced yard. Don't miss out on all the amenities that Tehaleh has to offer! This home is being sold as a short sale, pending bank approval.

13404 Edmunds Parkway E, Bonney Lake

Listing Broker: Keller Williams Realty; Teresa Caron; 253-905-6035; Teresa@lizkeepsitreal.com

$450,000

3 Beds ⋅ 3 Baths ⋅ 2579922 MLS ⋅ ACTIVE Status

Welcome to this inviting 3-bedroom, 2.5-bath home offering 1,556 square feet in Bonney Lake’s Willow Brook community. The comfortable floor plan features a bright breakfast nook for casual dining and a versatile upstairs loft—ideal for a home office, media space, play area, or reading retreat. Outside, the fully fenced yard provides space to relax, garden, entertain, or play. Enjoy an established neighborhood setting with convenient access to Bonney Lake shopping, dining, parks, and everyday amenities. A wonderful opportunity to make this Willow Brook home your own!

10710 185th Avenue E, Bonney Lake

Listing Broker: Heaton Dainard, LLC; Maxwell Sharpe; 425-761-4269; max@heatondainard.com

$462,500

3 Beds ⋅ 2 Baths ⋅ 2573104 MLS ⋅ ACTIVE Status

Welcome home to this newer 3 bedroom, 2 bathroom home in desirable Bonney Lake. Built in 2024, this 1,296 sq. ft. home offers a bright, open-concept layout with modern finishes and comfortable living space. The spacious kitchen featuring a large walk-in pantry, flows seamlessly into the living and dining areas, making it perfect for everyday living and entertaining. All 3 bedrooms include walk-in closets perfect for storage or your daily necessities. Step outside to enjoy the newly installed, level green yard, offering a beautiful and functional outdoor space that is hard to find. The yard also features a dedicated gardening space, firepit for hosting, as well as a shed to store all your outdoor tools. Whether you're enjoying your morning coffee, entertaining guests, or relaxing outdoors, this space is ready to be enjoyed. Ideally located with easy access to shopping, dining, parks, schools, and major commuter routes, this home offers the perfect blend of modern comfort, outdoor space, and convenience. With its newer construction, thoughtful updates, and move-in-ready condition, this Bonney Lake home is ready to welcome you home!

12813 Ridge Cir E, Bonney Lake

Listing Broker: Real Broker LLC; Branson Chance Abbey; 509-724-3997; bransonabbeyhomes@gmail.com

$439,450

3 Beds ⋅ 2 Baths ⋅ 2570684 MLS ⋅ ACTIVE Status

.Enjoy this brand new home on flat usable lot with plenty of space to enjoy the outdoors. Beautiful covered front porch that leads into a 3 bedroom,2 bathroom home that also includes a versatile flex space perfect for a home office, play room or guest room. The open concept layout offers a bright and spacious living area that flows into the kitchen and dining space. Ideal for everyday living and entertaining. The kitchen features a large eating island with plenty of seating and workspace. The private primary suite includes an ensuite bathroom and ample closet space. With the modern finishes and a functional design, this home offers comfort space and easy living. You will also love the big area that has lots of room for parking.

11321 205th Avenue E, Bonney Lake

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

$444,999

3 Beds ⋅ 2 Baths ⋅ 2564724 MLS ⋅ ACTIVE Status

Remodeled 3 Bedroom with 12x16 Shop and Hot Tub, at a NEW Price! This is an opportunity to not be missed! This home has been masterfully updated with everything you could want, at the price you need with today's interest rates! Brand new cabinets, counters, flooring, paint, hot tub, appliances, A/C, 2 sheds, the list goes on and on! Inside you will find a large open concept living with new LVP flooring and massive kitchen w/ island or entertaining. To the right, 2 generous sized bedrooms, full bath and laundry room with sink! On the left side of the home, a primary suite oasis, with double sinks, large walk in closet & HUGE walk in shower! Not to mention private access to the back yard to quickly wash off after working in the back yard, which is fully fenced and very private!

21610 145th Street E, Bonney Lake

Listing Broker: Redfin; Andrew Kramer; 253-380-7256; andrew.kramer@redfin.com

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