11122 Angeline Road E in Bonney Lake
| Listing ID: | 2581121 (Residential Home) |
|---|---|
| Listing Price: | $725,000 |
| Days on Market: | 28 |
Details | |
| Bed / Bath: | 3.00 / 1.50 |
| Square Feet: | 1,609 |
| Lot Size: | 2.01 acres (87,556 sqft) |
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
This listing is provided courtesy of NWMLS.
Listing Broker: John L. Scott R.E. Lake Tapps; Kimber Lee.
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Home
| Style: | 10 - 1 Story |
|---|---|
| Bedrooms: | 3.00 |
| Bathrooms: | 1.50 |
| Year Built: | 1984 |
| Square Footage: | 1,609 |
| Lot Square Footage: | 2.01 acres |
Schools
| Elementary School: | Victor Falls Elem |
|---|---|
| Junior High: | Lakeridge Middle |
| Senior High: | Bonney Lake High |
Surroundings
| View: | See Remarks, Territorial |
|---|
Financials
| Tax Year: | 2020 |
|---|---|
| Parcel Number: | 0519054021 |
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