Church Lake Waterfront Homes with FHA Terms

Church Lake Waterfront Homes with FHA Terms

Welcome to Church Lake Waterfront, a stunning residential community nestled in the heart of Bonney Lake, WA. This picturesque neighborhood offers a serene escape from the hustle and bustle of city life while providing convenient access to all the amenities you need.

Located in Pierce County, Church Lake Waterfront is a hidden gem for those seeking a tranquil lakeside retreat. With homes featuring FHA terms, owning a piece of this idyllic paradise is more accessible than ever. Whether you're looking for a cozy cottage or a spacious family home, there is something for everyone in this charming community.

Imagine waking up to the sound of birds chirping and the gentle lapping of the lake against the shore. Spend your days kayaking on the crystal-clear waters, picnicking in the lush green parks, or simply unwinding on your private deck with panoramic views of the water.

With easy access to shopping, dining, and top-rated schools, Church Lake Waterfront offers the perfect blend of convenience and tranquility. Don't miss this opportunity to live the waterfront lifestyle you've always dreamed of in beautiful Bonney Lake, WA.

Come home to Church Lake Waterfront, where every day feels like a vacation. Experience the magic of lakeside living and make your dream home a reality in this enchanting community.

Newest Church Lake Waterfront Homes with FHA Terms

$845,000
2527663 MLS ⋅ ACTIVE Status
Rare opportunity to own a well-maintained duplex in the highly desirable Lake Tapps area, tucked away on a quiet dead-end street surrounded by mature trees and a peaceful neighborhood setting. Purchased from builder by sellers in 2003, this property has been an exceptional long-term investment with strong appreciation, reliable tenants, and steadily increasing rental income. Each spacious unit offers nearly 1400 sq ft with 3 bedrooms, 2.5 baths, full-size laundry, large primary suites with walk-in closets, private decks, backyards, and oversized 2-car garages, a combination that has made tenant retention remarkably strong. Current tenant in Unit 1 has been extremely reliable and would like to stay. The previous tenant in Unit 2 remained for 9 years. Unit 2 has recently been refreshed with new interior paint, new laminate flooring throughout the main level, new front-load washer and dryer, new water heater, and new range. Unit 2 also features granite countertops, while Unit 1 offers laminate flooring in the kitchen and dining areas. Entire building received a new roof and gutters in 2026. Neighborhood membership includes access to coveted Church Lake Park on Lake Tapps with private picnic areas, playground, + boat launch access, a rare amenity in an area with limited public lake access. Opportunity for either an investor seeking strong rental appeal and upside potential, or an owner-occupant looking to offset mortgage costs with built-in rental income.

7418 207th Avenue E, Bonney Lake

Listing courtesy of Rethinking Real Estate LLC.

Start Your Search
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.