Lake Tapps Real Estate Market
Originally a Pierce County reservoir that was created all the way back in 1911 for hydroelectric power, Lake Tapps is now both a summertime destination spot for boaters and water sports enthusiasts, as well as a water source for around 350,000 area residents and 20,000 local businesses.
A relatively large body of water, Lake Tapps has right around 4.5 square miles of surface area and roughly 45 miles of shoreline, meaning plenty of fabulous lakefront opportunities are available for home buyers to consider who might be looking to live on the water. In terms of the actual lake, those who have never been to the area will find the terrain here to be a little unusual, with a large number of islands, inlets, and peninsulas making for quite a unique and jagged shoreline.
Waterfront homes for sale at Lake Tapps are some of the most highly sought after by those considering a move to the area. Many are large, two- or three-story homes with ample living space that are specifically designed to take full advantage of the picturesque scenery that surrounds this gorgeous lake community. For anyone thinking about moving to Lake Tapps who works in nearby Tacoma, plan on about a 30 to 40 minute drive each way. Additionally, getting to and from Seattle should also take just under an hour depending on what time of day you’ll be making the trip, providing Lake Tapps residents with easy access to all the big city amenities and attractions each of these two major Washington cities provide.
Real estate for sale in Lake Tapps has a wide variety of options, from luxury single family homes in the $1 to $2 million range to entry-level ranch style homes starting around $250,000 to $300,000. Plenty of new development opportunities are also still available on Lake Tapps, with a healthy inventory of lots still on the market between $100,000 and $200,000.