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15155 198th Avenue East
Bonney Lake, WA 98391
15155 198th Ave E · Land For Sale
·
4.77 AC
Investment Highlights
- 4.77-acre parcel located within the EBPC Master Plan in the Tehaleh community.
- Excellent access to Cascadia Blvd E and WA-410 for convenient regional connectivity.
- All essential utilities, including water, sewer, and electric, are available at the site.
- Situated near growing residential developments and planned commercial ventures.
Executive Summary
Positioned within Bonney Lake’s dynamic growth corridor, this ±4.77-acre parcel offers an outstanding development opportunity within the EBPC Master Plan, Tehaleh. The site benefits from direct frontage along 198th Ave E and easy access to Cascadia Blvd E, providing efficient connectivity to major regional routes, including WA-410.
Located in a vibrant and rapidly expanding residential and commercial community, this property is ideally suited for a variety of planned uses permitted under the EBPC zoning. Key infrastructure—including sewer, water, and electric—is available at the site, reducing development hurdles and enabling a streamlined construction process. The surrounding area features a mix of established neighborhoods, retail developments, and planned growth areas, ensuring strong long-term demand.
With its proximity to Pierce County’s fastest-growing master-planned community, Tehaleh, the property offers enviable positioning for investors and developers seeking to capitalize on sustained regional population growth, strong employment fundamentals, and expanding lifestyle amenities.
Located in a vibrant and rapidly expanding residential and commercial community, this property is ideally suited for a variety of planned uses permitted under the EBPC zoning. Key infrastructure—including sewer, water, and electric—is available at the site, reducing development hurdles and enabling a streamlined construction process. The surrounding area features a mix of established neighborhoods, retail developments, and planned growth areas, ensuring strong long-term demand.
With its proximity to Pierce County’s fastest-growing master-planned community, Tehaleh, the property offers enviable positioning for investors and developers seeking to capitalize on sustained regional population growth, strong employment fundamentals, and expanding lifestyle amenities.
Property Facts Under Contract
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 4.77 AC |
| Property Type | Land | ||
| Zoning | EBPC - Master Plan, Tehaleh | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 4.77 AC |
| Zoning | EBPC - Master Plan, Tehaleh |
1 Lot Available
Lot
| Price | $1,575,000 | Lot Size | 4.77 AC |
| Price Per AC | $330,188.68 |
| Price | $1,575,000 |
| Price Per AC | $330,188.68 |
| Lot Size | 4.77 AC |
±4.77-acre parcel
Description
Parcel number 051921-5001 measures ±4.77 acres and is zoned EBPC Master Plan within the Tehaleh community. The property has available utility infrastructure including water, sewer, and electric. It is located along 198th Ave E near Cascadia Blvd E and is accessible to WA State Route 410. The surrounding area includes residential subdivisions, road networks, and nearby future development parcels.
Property Taxes
| Parcel Number | 051921-5001 | Improvements Assessment | $0 |
| Land Assessment | $756,800 | Total Assessment | $756,800 |
Property Taxes
Parcel Number
051921-5001
Land Assessment
$756,800
Improvements Assessment
$0
Total Assessment
$756,800
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