9.04 AC Residential Opportunity
February 28th, 2018
The property is situated near the corner of 188th Avenue CT E. and Rhodes Lake Road E. approximately 4 miles south of Highway 410 in Bonney Lake. The east side and majority of the property sits on a gently sloped plateau above Fennel Creek. Its tree lined westerly side falls to the west toward Fennel Creek. The north border abuts Victor Falls Elementary school and its east border backs to large lot single family residential homes.
Nest use would be for a single family home on acreage. The prior applicant submitted plans to divide the 9.04 acres into 16 single family residential lots. That design calls for estate size lots averaging just over 11,000SF. The homesites are to be amassed on the east side of the property leaving the western 3.18 acres of property in a natural buffer area created by the underlying Sandhill Estates plat. Detailed plans of this submittal are available on our Branch Marketing Group ShareFile. The new applicant should submit proposed plans to Pierce County.
Bonney Lake is an up and coming community in SE Pierce County. The new Tehaleh Master Planned Community is just south of the subject and has added much value to the region. The immediate neighborhoods primarily populated by larger estate lots and is roughly 3 miles from retail district of Bonney Lake.