98391 Homes with Assumable Terms

98391 Homes with Assumable Terms

Welcome to Bonney Lake, Washington, a hidden gem nestled in the heart of Pierce County, with the vibrant zip code 98391. This picturesque city offers a perfect blend of serene natural beauty and modern conveniences, making it an ideal place to call home. Surrounded by stunning mountain views and lush greenery, Bonney Lake is renowned for its outdoor recreational opportunities, including hiking, fishing, and boating at the nearby lake.

The community is characterized by its friendly atmosphere and strong sense of belonging, where neighbors become friends. Families will appreciate the highly-rated schools, parks, and community events that foster a welcoming environment for all ages. With easy access to major highways, residents can enjoy a quick commute to neighboring cities like Tacoma and Seattle, while still relishing the tranquility of suburban life.

For those looking to invest in Bonney Lake, the housing market is thriving, with a variety of homes available to suit diverse lifestyles and budgets. One of the standout features in this area is the availability of homes with assumable terms. This unique opportunity allows buyers to take over existing mortgage terms, providing a potential pathway to more favorable financing options. Whether you're a first-time homebuyer or looking to upgrade, homes with assumable terms in Bonney Lake can offer flexibility and financial advantages.

Discover your dream home in Bonney Lake, where the charm of community living meets the allure of nature, all within the beautiful backdrop of Washington State. Embrace the lifestyle you've always wanted in zip code 98391!

Newest 98391 Homes with Assumable Terms

11122 Angeline Road E, Bonney Lake
$725,000
3 Beds ⋅ 2 Baths ⋅ 2581121 MLS ⋅ ACTIVE Status
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

11122 Angeline Road E, Bonney Lake

Listing Broker: John L. Scott R.E. Lake Tapps; Kimber Lee; 253-863-4406; kl@kimberleerealestate.com

18817 Village Parkway E, Bonney Lake
$625,000
3 Beds ⋅ 3 Baths ⋅ 2575098 MLS ⋅ ACTIVE Status
Welcome to this beautiful Tehaleh resale, perfectly situated across the street from a greenbelt area for a wonderful view of nature. This home is walking distance to trails, parks, schools, dining, coffee, and many of the other incredible amenities that make Tehaleh such a sought-after community! The covered front porch invites you into this home, where the great room features a cozy gas-burning fireplace and flows seamlessly into the chef-inspired kitchen, showcasing a spacious island, granite countertops, stainless steel appliances, and full-height tile backsplash. The adjacent dining area is beautifully finished with modern chandelier lighting, creating the perfect setting for everyday meals or entertaining. A convenient half bath completes the main level. Upstairs, unwind in the spacious primary suite featuring a luxurious 5-piece bath with dual-sink vanity, quartz countertops, and a generous walk-in closet. Two additional bedrooms plus open bonus/rec space and a full guest bath provide plenty of space for guests, hobbies, or a home office. The well-appointed laundry room offers added storage for everyday convenience. Outside, enjoy a fully fenced, easy-care backyard with a patio—perfect for relaxing or entertaining.

18817 Village Parkway E, Bonney Lake

Listing Broker: Keller Williams Realty; Liz Johnson; 253-670-0357; liz@lizkeepsitreal.com

21210 115th Street Ct E, Bonney Lake
$740,000
4 Beds ⋅ 3 Baths ⋅ 2572317 MLS ⋅ ACTIVE Status
**ASSUMABLE VA LOAN at 3.49%** Welcome to this stunning 2022 Soundbuilt home in Bonney Lake offering 3,062 sq ft of thoughtfully designed living space w/10-foot ceilings & abundance of natural light. Covered front patio & spacious foyer welcome you inside to formal dining room w/chandelier, French door office/opt'l 5th bdrm w/coffered ceilings & main floor powder room for guests. The living room is anchored by upgraded gas fireplace w/custom floor-to-ceiling tile surround, flanked by built-in cabinetry that conceals entertainment devices while adding elegant visual balance. Well-appointed kitchen features shaker cabinetry w/soft-close drawers, granite countertops, full-height tile backsplash, extended island w/seating, spacious pantry w/built-in shelving & full stainless steel appliance suite including LG French door refrigerator, Whirlpool gas range & LG dishwasher. Main floor also offers a spacious laundry room & under-stair storage. Oversized primary suite features large walk-in closet w/attic access & 5-piece en-suite bath w/soaking tub, dual vanity & full tile surround. Upstairs, a large loft, three spacious secondary bedrooms, full bath & generous bonus rm/opt'l 6th bdrm offer exceptional flexibility. The backyard overlooks a greenbelt & community open space w/extended covered patio, 4-zone app-controlled sprinkler system & whole-home Generac gas generator. Gutter guards, A/C, tankless water heater & security cameras included. Award-winning Sumner-Bonney Lake Schools.

21210 115th Street Ct E, Bonney Lake

Listing Broker: John L. Scott R.E. Lake Tapps; Kimber Lee; 253-863-4406; kl@kimberleerealestate.com

11218 215th Avenue E, Bonney Lake
$629,950
3 Beds ⋅ 2 Baths ⋅ 2550730 MLS ⋅ ACTIVE Status
RARE OPPORTUNITY—3.125% ASSUMABLE FHA!! This is an incredible interest rate! Beautifully maintained rambler in desirable Russellwood—now offered at $629,950! Nestled on a professionally landscaped shy 1/3-acre lot, this meticulously maintained home blends comfort, quality & thoughtful updates. Soaring ceilings, expansive windows, crisp white millwork & beautiful wood and tile flooring create a bright, airy feel. The open layout features formal living & dining rooms flowing seamlessly into the spacious family room. A versatile flex room with custom built-in desk & shelving is perfect for a home office, hobby room or potential 4th bedroom. The well-appointed kitchen offers stainless appliances, center island & overlooks the heart of the home. Entertainment system—including flat-screen TVs, projector, surround sound, stereo components & more—stays with the home. Additional highlights include Smart Home wiring, cozy gas fireplace, heat pump for year-round comfort & dog door leading to the backyard. Enjoy the covered deck with sun shades & privacy awnings overlooking the fully fenced backyard, generous side yard & mature landscaping. Recent updates include a 30-year roof with transferable lifetime warranty (2020), new garage door motor, spring & drum (2026), plus new septic pump, floats & diagnostic system (2026). Minutes from shopping, Costco, dining, parks, schools & commuter routes, this move-in-ready home reflects exceptional pride of ownership.

11218 215th Avenue E, Bonney Lake

Listing Broker: John L. Scott Orting; Rejena Marie Kilmurray; 360-893-3380; rejsingshomes@gmail.com

7619 214th Avenue E, Bonney Lake
$1,575,000
4 Beds ⋅ 3 Baths ⋅ 2541887 MLS ⋅ CONTINGENT Status
A once-in-a-generation opportunity to own the historic Vandermark Farmhouse, a cherished piece of Bonney Lake history that has been meticulously reimagined into a luxury showpiece. Completely remodeled from top to bottom, every room has been thoughtfully designed with top-of-the-line finishes, custom millwork, designer details, and exceptional craftsmanship, creating a home that seamlessly blends historic character with modern sophistication. The attention to detail extends far beyond the interior. Outside, you'll discover a custom-designed garden and outdoor living space featuring every upgrade imaginable, thoughtfully curated to create a private retreat that is as beautiful as it is functional. Whether enjoying a quiet morning outdoors or entertaining guests, the grounds offer a truly elevated experience. Adding to its unique appeal, the property features its own private well, providing both convenience and a connection to the land's rich heritage. Every inch of this remarkable property has been intentionally designed and improved, preserving its historic legacy while delivering the luxury, comfort, and style expected in a modern custom home. Historic charm, modern luxury, and unmatched attention to detail await. A cellar beneath the home gives extra space for what you can imagine, plus a fully finished attic for storage. Accepting back up offers during contingent status. Assumable VA loan 2.75%.

7619 214th Avenue E, Bonney Lake

Listing Broker: Kelly Right RE of Seattle LLC; Britney McCartin; 253-244-4030; therealtorbrit@gmail.com

18987 129th St Ct E, Bonney Lake
$780,000
4 Beds ⋅ 3 Baths ⋅ 2515098 MLS ⋅ ACTIVE Status
Welcome to Tehaleh living at its best! This 4-bedroom, 2.5-bath, two-story MainVue home is a rare first-time resale, offering the elevated design, open layout, and modern finishes MainVue is known for. From the moment you step inside, the home makes a statement with bold accent walls, clean architectural lines, wide-plank flooring, and a dramatic black ceiling that adds depth and sophistication to the main living spaces. The heart of the home is built for gathering, featuring a sleek designer kitchen with high-gloss cabinetry, oversized island, stainless appliances, and seamless flow into the dining and living areas. Large windows bring in natural light, while the spacious living room, fireplace, and covered outdoor patio create an easy indoor-outdoor lifestyle year-round. Upstairs, the primary suite feels like a true retreat with a spa-inspired bath, soaking tub, oversized shower, dual vanities, and generous closet space. Additional bedrooms offer flexibility for guests, work, fitness, or media space, including a beautifully finished bonus room and private office-style space. Set in the highly sought-after Tehaleh community of Bonney Lake, this home blends modern luxury, functional living, and Northwest comfort in one of the area’s most desirable master-planned neighborhoods. Ask about the VA Assumable Mortgage!

18987 129th St Ct E, Bonney Lake

Listing Broker: eXp Realty; Trevor Davidson; 253-332-6364; trevordavidson@live.com

18718 135th Street E, Bonney Lake
$949,950
4 Beds ⋅ 3 Baths ⋅ 2458018 MLS ⋅ ACTIVE Status
Now offered at $999,950! Experience one of Tehaleh's most unique and versatile homes, thoughtfully designed for true multi-generational living. This exceptional 3,912 sq. ft. residence features a private guest apartment complete with its own kitchen, living room, bedroom, and separate living space—ideal for extended family, long-term guests, or flexible living. Inside the main home, you'll find an open-concept design, a chef-inspired kitchen with premium upgrades, spacious gathering areas, and a luxurious primary suite featuring a spa-like 5-piece bath and custom walk-in closet. Take in breathtaking Mt. Rainier views from the rooftop deck, unwind in the high-end hot tub, and enjoy beautifully upgraded landscaping and outdoor living spaces. Located in Tehaleh with over 40 miles of trails, 17 parks, and endless recreation just outside your door. Plus, qualified buyers have the rare opportunity to assume the existing 2.65% FHA loan. Luxury, flexibility, views, and exceptional value—this home truly stands apart.

18718 135th Street E, Bonney Lake

Listing Broker: Windermere RE/Lake Tapps, Inc; Kyle Fox; 253-777-9890; kylefox@windermere.com

18740 130th Street E, Bonney Lake
$699,000
4 Beds ⋅ 3 Baths ⋅ 2449146 MLS ⋅ ACTIVE Status
Welcome to Tehaleh living at its finest! This stunning better-than-new 2022-built board-and-batten home offers luxury, comfort, and incredible value in one of Bonney Lake’s most desirable master-planned communities. Backing to a peaceful greenbelt, this spacious 4-bedroom + loft, 2.75-bath home features nearly 2,900 sq ft of beautifully upgraded living space designed for modern Northwest living. The impressive chef’s kitchen showcases double ovens, a massive center island, designer finishes, and abundant cabinetry, all opening seamlessly into the bright open-concept great room and upgraded sunroom—perfect for entertaining year-round. Enjoy soaring ceilings, natural light, a striking gas fireplace, heat pump, tankless water heater, and premium finishes throughout. Upstairs, retreat to the oversized primary suite with tranquil greenbelt views, spa-inspired bath, and generous walk-in closet. The flexible loft provides ideal space for an office, media room, or play area. Outside, enjoy a fully fenced backyard with privacy and room to relax. Located within the award-winning Tehaleh community featuring 40+ miles of trails, 12+ parks, nearby dining, shopping, and highly rated Sumner-Bonney Lake schools. SHORT SALE – Price subject to bank approval & final terms & commissions. Rare opportunity for qualified Veterans or Military eligible buyers to potentially assume the existing VA loan with an approximate 4.5% interest rate, balance around $790K including forbearance and PMI arrears.

18740 130th Street E, Bonney Lake

Listing Broker: Timber Real Estate; Joshua Meeks; 253-389-8961; joshua@timberrealestate.com

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.