Homes for sale under $500k in Anderson Island, WA

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NEW CONSTRUCTION

ABOUT THIS HOME
Homes for sale under $500k in Anderson Island, WA
New Construction on one of the nicest lots on the island! Beautiful new home with an amazing open kitchen, full of granite and stainless. The dining, living and kitchen are all open making a fabulous great room. Big windows, high ceilings, oversized kitchen island with seating. Master bathroom includes custom tile surround and heated flooring. Large fully finished 2 car garage. Energy efficient with real ductwork and heat pump. This is a very low maintenance house with finished yard and no stairs to the entry. Close to the golf course, parks, beaches, stores, restaurants and ferry!

$499,000

3 beds2 baths1,257 sq ft

11813 Island Dr, Anderson Island, WA 98303

Custom tile surround • Heated flooring • Finished yard

Listing provided by NWMLS as Distributed by MLS Grid

LISTED BY REDFIN3D & VIDEO TOUR

ABOUT THIS HOME
Homes for sale under $500k in Anderson Island, WA
Anderson Island - quaint, historic, quiet. You'll love the simplicity of island living combined with comfort. TWO LOTS - one big property, so much opportunity. Easy rambler living boasting space inside and out. Kitchen features beautiful real wood cabinetry and granite counter tops, connecting to the living room w/ cozy fireplace. Bring the outside in with doors that lead to your large patio - perfect for entertaining. Large primary bedroom with full ensuite bathroom & closet space. East side of the property has a large gazebo with deck, and wood burning fireplace + detached HUGE garage, perfect for hobbyist/car storage, RV/Boat w/ separate gated entrance. Long driveway leading to an

$490,000

2 beds2 baths1,574 sq ft

12805 108th St, Anderson Island, WA 98303

Real wood cabinetry • Large gazebo • Large patio

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Homes for sale under $500k in Anderson Island, WA
Come, settle in to this comfy & classic custom-built rambler on Anderson Island! You'll appreciate the flowing, functional floorplan this lovely home has to offer! Many custom features grace the space-- oak wood kitchen cabinetry, Corian countertops, cheery tile backsplash, & warm oak floors. Custom bay windows in both dining and living room provide ample natural light. 3 spacious bedrooms! The primary ensuite has walk-in closet, access to the deck & a full bath with a walk-in jetted tub/shower. New roof in 2021. Freshly painted exterior in 2023. Fully-fenced private back yard has a new composition covered deck, large patio, RV parking, mature landscaping & fruit trees.

$489,000

3 beds2 baths1,680 sq ft

11402 106th St, Anderson Island, WA 98303

Custom built rambler • Corian countertops • Custom bay windows

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Homes for sale under $500k in Anderson Island, WA
Amazing brand new build. One level no stairs large main bedroom with slider out to backyard. En-suite bathroom and walk in closet. Open kitchen design with beautiful floors. Mini-splits and hot tub ready in the backyard near the main bedroom walk out. Perfect retreat away from the hustle. So quiet and serene.

$473,500

3 beds2 baths1,440 sq ft

8912 126TH Avenue Ct, Anderson Island, WA 98303

Mini-splits • Main bedroom • En-suite bathroom

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Homes for sale under $500k in Anderson Island, WA
3 Bed/3 Bath Rambler with 24x24 partially finished Shop/DADU on 0.89 acres of land across 4 underlying lots. This is one of the largest properties in the Riviera Community & offers unique development potential — build more homes or expand as desired. The home features a great room that blends the kitchen, dining, & living room spaces into a singular, open room. All 3 bedrooms have a walk-in closet, full bathroom, & egress to deck or patio. The Shop has a kitchenette, bathroom, laundry, & pellet stove & could be easily converted into a separate living quarters or used as a workshop or studio. Fenced garden w/ mix of fruit/berry trees & multiple sheds. R

$465,000

3 beds3 baths2,424 sq ft

11422 Leschi Cir, Anderson Island, WA 98303

Multiple sheds • Walk-in closet • Fenced garden area

Listing provided by NWMLS as Distributed by MLS Grid

Property at 12801 108th St, Anderson Island, WA 98303, 2 beds, 2 baths

$439,000

2 beds2 baths1,820 sq ft

12801 108th St, Anderson Island, WA 98303

Listing provided by NWMLS as Distributed by MLS Grid

Property at 10715 Tahoma Dr, Anderson Island, WA 98303, 2 beds, 2 baths

$435,000

2 beds2 baths1,350 sq ft

10715 Tahoma Dr, Anderson Island, WA 98303

Listing provided by NWMLS as Distributed by MLS Grid

Property at 10318 Morris Blvd, Steilacoom, WA 98388, 2 beds, 2 baths

$350,000

2 beds2 baths2,064 sq ft

10318 Morris Blvd, Steilacoom, WA 98388

Listing provided by NWMLS as Distributed by MLS Grid

Property at 10018 Selma Cir, Anderson Island, WA 98303, 2 beds, 2 baths

$300,000

2 beds2 baths1,109 sq ft

10018 Selma Cir, Anderson Island, WA 98303

Listing provided by NWMLS as Distributed by MLS Grid

Property at 11312 115th St, Anderson Island, WA 98303, 3 beds, 2 baths

$285,000

3 beds2 baths1,294 sq ft

11312 115th St, Anderson Island, WA 98303

Listing provided by NWMLS as Distributed by MLS Grid

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ABOUT THIS HOME
Homes for sale under $500k in Anderson Island, WA
Rare Opportunity to Remodel or Build your Dream Home on this one-of-a-kind medium bank waterfront perched above Gorgeous Filucy Bay. You'll love this West Facing, protected bay location as you enjoy the amazing Sound views, clamming, boating, watching wildlife pass by, magical sunsets & nature surround. The multiple structures include main home, possible ADU, outside bath room for yard or beach clean up & large detached garage w/ Shop for all of your tinkering. Bring your tool belt, TLC & vision. Amenities include 2 living rms, 2 kitchens, 3 wood stoves, RV hookup, BRAND NEW Septic Sys & tons of parking. Ideally nestled on private road in quiet community. A perfect h

$500,000

2 beds1.5 baths1,116 sq ft

6614 156th Ave SW, Longbranch, WA 98351

Multiple structures • Possible adu • Outside bath room

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Homes for sale under $500k in Anderson Island, WA
Fully Updated 1,848 sq ft, 3 bed + den/office, 2 bath home on 1.25 private acres. The open kitchen features all new cabinets, Quartz counters & back-splash, new Appliance package including fridge & glass top range. Vaulted ceilings and engineered plank floors throughout the living area. All new doors, millwork, paint, lighting & plumbing fixtures. Primary bedroom includes a large walk in closet & a bathroom with double sinks, freestanding bathtub & walk in shower. New Vinyl windows. Separate laundry room. Brand new 720 sq ft detached garage. Plenty of Boat or RV parking. No HOA dues. Come see!

$499,950

3 beds2 baths1,848 sq ft

19616 14th St SW, Lakebay, WA 98349

Quartz counters • New cabinets • Vaulted ceilings

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Homes for sale under $500k in Anderson Island, WA
Move-In Ready! Completely updated kitchen - new stainless steel appliances, new flooring, new cabinets, new quartz countertops & new lighting! Three bedrooms, two baths incl. bath in primary suite - both baths fully updated! New paint and carpet throughout! Forced-air gas heat! Insulated Windows! Sliding doors to rear patio - perfect for those summer BBQ's! Large attached Two-Car Garage! Wonderful walk-friendly neighborhood! Close to all the fun activities in the Town of Steilacoom incl. Farmer's Market, Outdoor Concerts, July Fourth Parade & Cider Squeeze! Steilacoom School District! Welcome Home!

$494,000

3 beds2 baths1,300 sq ft

2728 Natalie Ln, Steilacoom, WA 98388

New lighting • New flooring • New cabinets

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Homes for sale under $500k in Anderson Island, WA
Modern 3rd Owner Lennar 2-story in desirable Meridian Campus close to 2 golf courses, parks, playgrounds, miles of sidewalks, trails and bike lanes! Near to shopping/Costco/amenities & JBLM. Only a job relocation makes this lovingly cared-for home available. You'll love the upgrades in this home including a Whole House Fan & Tankless Water Heater. Chef's kitchen includes SS appliances (new in '24), granite countertops, full height herringbone backsplash. Updates include exterior paint '25, washer & dryer & some interior paint '23. CenturyLink Fiber makes working and playing from home a breeze! Gas fireplace will keep you cozy during cooler evenings, patio/yard just r

$490,000

3 beds2.5 baths1,572 sq ft

3353 Nova St NE, Lacey, WA 98516

Whole house fan • Ss appliances • 2 story

Listing provided by NWMLS as Distributed by MLS Grid

VIDEO TOUR

ABOUT THIS HOME
Homes for sale under $500k in Anderson Island, WA
Bright and spacious end-unit townhome in coveted Meridian Campus! This nearly 2,000sqft home backs to a protected greenbelt and features a fully fenced yard and private patio. The open-concept main floor offers tall ceilings, laminate flooring, and a large kitchen with white cabinets, island w/ snack bar, stainless appliances, and a single basin sink with pull-down faucet. Upstairs, the large primary suite offers serene views, a 5-piece bath, dual vanity, and walk-in closet. Two additional bedrooms share a Jack & Jill bath. Bonus: mudroom entry from the roomy 2-car garage, upstairs laundry with storage closet, and abundant natural light throughout. Nearby parks, trails, all Lacey amen

$483,400

3 beds3 baths1,960 sq ft

3923 Jett Ln NE, Olympia, WA 98516

Protected greenbelt • End-unit townhome • Private patio

Listing provided by NWMLS as Distributed by MLS Grid

3D WALKTHROUGH

ABOUT THIS HOME
Homes for sale under $500k in Anderson Island, WA
Walk into this enchanting rambler, privately nestled above a long, graceful drive. A winding path leads through manicured shrubs and cherry blossoms. Inside, timeless design meets modern comfort—where balance, proportion, and scale create a space that feels both elegant and effortlessly livable. Solid maple hardwoods anchor the home, complemented by a cozy, period-authentic brick and slate hearth fireplace. Serene bedroom retreats offer lush, green views from every window, while the main bath showcases classic ceramic tile and gleaming fixtures. A versatile utility room—complete with half bath—is conveniently accessed from both the garage and backyard. A must-see.

$481,000

3 beds1.5 baths1,030 sq ft

10811 108th St SW, Tacoma, WA 98498

Classic ceramic tile • Manicured shrubs • Cherry blossoms

Listing provided by NWMLS as Distributed by MLS Grid

Property at 1510 Key Peninsula Hwy SW, Lakebay, WA 98349, 4 beds, 2 baths

$480,000

4 beds2 baths1,836 sq ft

1510 Key Peninsula Hwy SW, Lakebay, WA 98349

Listing provided by NWMLS as Distributed by MLS Grid

Property at 19617 21st Street Ct SW, Lakebay, WA 98349, 3 beds, 2.5 baths

$480,000

3 beds2.5 baths1,346 sq ft

19617 21st Street Ct SW, Lakebay, WA 98349

Listing provided by NWMLS as Distributed by MLS Grid

Property at 9124 Lewis NE, Lacey, WA 98516, 4 beds, 2 baths

$479,900

4 beds2 baths1,636 sq ft

9124 Lewis NE, Lacey, WA 98516

Listing provided by NWMLS as Distributed by MLS Grid

Property at 10719 115th Ave SW, Tacoma, WA 98498, 4 beds, 1.5 baths

$479,000

4 beds1.5 baths1,424 sq ft

10719 115th Ave SW, Tacoma, WA 98498

Listing provided by NWMLS as Distributed by MLS Grid

Property at 10502 108th Ave SW, Tacoma, WA 98498, 3 beds, 2 baths

$476,000

3 beds2 baths1,422 sq ft

10502 108th Ave SW, Tacoma, WA 98498

Listing provided by NWMLS as Distributed by MLS Grid

Property at 715 Stevens St, Steilacoom, WA 98388, 3 beds, 1 bath

$474,990

3 beds1 bath1,120 sq ft

715 Stevens St, Steilacoom, WA 98388

Listing provided by NWMLS as Distributed by MLS Grid

Property at 403 Louviers Ave, Dupont, WA 98327, 3 beds, 1 bath

$470,000

3 beds1 bath1,264 sq ft

403 Louviers Ave, Dupont, WA 98327

Listing provided by NWMLS as Distributed by MLS Grid

Property at 2704 196th Ave SW, Lakebay, WA 98349, 3 beds, 2.5 baths

$450,000

3 beds2.5 baths1,584 sq ft

2704 196th Ave SW, Lakebay, WA 98349

Listing provided by NWMLS as Distributed by MLS Grid

Property at 2802 Garden Ct Unit A, Steilacoom, WA 98388, 2 beds, 2 baths

$449,000

2 beds2 baths930 sq ft

2802 Garden Ct Unit A, Steilacoom, WA 98388

Listing provided by NWMLS as Distributed by MLS Grid

Property at 2619 194th Ave SW, Lakebay, WA 98349, 3 beds, 2 baths

$444,900

3 beds2 baths1,207 sq ft

2619 194th Ave SW, Lakebay, WA 98349

Listing provided by NWMLS as Distributed by MLS Grid

Property at 602 Louviers Ave, Dupont, WA 98327, 3 beds, 1 bath

$439,000

3 beds1 bath1,186 sq ft

602 Louviers Ave, Dupont, WA 98327

Listing provided by NWMLS as Distributed by MLS Grid

Property at 205 Brandywine Ave, Dupont, WA 98327, 2 beds, 2 baths

$425,000

2 beds2 baths1,289 sq ft

205 Brandywine Ave, Dupont, WA 98327

Listing provided by NWMLS as Distributed by MLS Grid

Property at 5315 Whiteman Rd SW, Longbranch, WA 98351, 3 beds, 2 baths

$425,000

3 beds2 baths1,404 sq ft

5315 Whiteman Rd SW, Longbranch, WA 98351

Listing provided by NWMLS as Distributed by MLS Grid

Property at 2055 Garry Oaks Ave Unit B, Dupont, WA 98327, 3 beds, 2.5 baths

$415,000

3 beds2.5 baths1,470 sq ft

2055 Garry Oaks Ave Unit B, Dupont, WA 98327

Listing provided by NWMLS as Distributed by MLS Grid

Based on information submitted to the MLS GRID as of Mon Dec 01 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

Homes for sale under $500k in Anderson Island

There are currently 10 homes for sale under $500k in Anderson Island. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Anderson Island stay on the market for 128 days and receive 2 offers. Popular neighborhoods include Lake Josephine. This map is refreshed with the newest listings in Anderson Island every 15 minutes.

In the past month, 4 homes have been sold in Anderson Island. Find your dream home in Anderson Island using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Anderson Island are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Anderson Island. Our Anderson Island real estate stats and trends will give you more information about home buying and selling trends in Anderson Island. If you're looking to sell your home in the Anderson Island area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Anderson Island with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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