The Future Of Lake Tapps: 25 Acres For Sale In Bonney Lake

BONNEY LAKE, WA - At $11 million, this large chunk of land on Lake Tapps is out of reach for mere mortals. But local residents should watch this property for what it one day might become.

Approximately half the parcel will be zoned for commercial/mixed-use (CMU). Bonney Lake hasn't defined what that might look like, but in most areas, CMU zoning means buildings that contain both living units and stores.

Keep a close eye on this land - it could be the site of the first commercial development on the south end of Lake Tapps.

• Address: 7511 W Tapps Hwy E, Bonney Lake, Washington
• Price: $11,000,000
• Square Feet:
• Bedrooms:
• Bathrooms: Baths
• Features: Development Opp! 24+ Acres of Prime Development Land Available. One of last large properties in the Bonney Lake/Lake Tapps area that remains undeveloped. Zoned R-1, which allows for 5 lots per acre. In addition, more than half of the property (~12 Acres) was just rezoned to Commercial Mixed Use to be implemented in near future. The City is currently in the design phase of what CMU Zoning would entail. Allan Yorke Park is right across the street, recently approved for huge renovation.

This listing originally appeared on realtor.com. For more information and photos, click here.