Falling Water Real Estate

Welcome to Falling Water, a picturesque neighborhood nestled in the heart of Bonney Lake, Washington. This charming community is a hidden gem in Pierce County, offering residents a perfect blend of natural beauty and suburban convenience.

Falling Water is characterized by its stunning landscapes, featuring lush greenery, serene lakes, and breathtaking mountain views that create a tranquil atmosphere. The neighborhood is designed with families in mind, showcasing spacious homes with modern amenities and beautiful yards, perfect for outdoor activities and gatherings.

One of the standout features of Falling Water is its commitment to community living. Residents enjoy access to well-maintained parks and walking trails, ideal for morning jogs or leisurely strolls with loved ones. The nearby Bonney Lake Park offers picnic areas, sports fields, and playgrounds, making it a great spot for family outings and community events.

Convenience is key in Falling Water, with easy access to local shopping centers, restaurants, and schools. Families will appreciate the highly-rated schools in the area, which provide excellent educational opportunities for children of all ages.

For those who enjoy outdoor adventures, the stunning natural surroundings offer a plethora of recreational activities, from hiking and biking to fishing and boating. The nearby Lake Tapps is a favorite destination for water enthusiasts, while Mount Rainier National Park is just a short drive away, providing year-round opportunities for exploration and adventure.

In Falling Water, you’ll find more than just a place to live; you’ll discover a vibrant community that embraces the beauty of nature, a friendly atmosphere, and a lifestyle that balances relaxation with convenience. Come experience the charm of Falling Water, where your dream home awaits!

Newest Listings in Falling Water

$699,000

4 Beds ⋅ 3 Baths ⋅ 2557181 MLS ⋅ ACTIVE Status

Impeccably maintained and featuring one of the most desirable floor plans in Falling Water, this exceptional home blends timeless quality, thoughtful updates, and rare backyard privacy. Enjoy a peek-a-boo view of Mt. Rainier from the back deck while overlooking the beautifully landscaped backyard and expansive open space beyond. The well-appointed main floor offers a dedicated office, formal dining room, spacious living areas, and a butler's pantry that provides exceptional convenience and storage. Quality finishes include upgraded doors and window trim, classic wainscoting, crown moulding, rich hardwood floors, and gas stove. Major system updates include central A/C (2019), a new furnace (2022), a new water heater (2026), and a premium upgraded roof, offering years of comfort and peace of mind. Upstairs, the spacious primary suite features a luxurious five-piece bath, a large bonus room, upstairs laundry, and exceptional storage throughout. The oversized three-car garage includes storage that stays with the home, while the elevated deck and separate backyard patio create inviting outdoor living spaces to enjoy the peaceful surroundings. Consistent professional pest control and meticulous maintenance reflect the exceptional pride of ownership found throughout. Located in the highly sought-after Sumner-Bonney Lake School District, this move-in ready home offers the perfect combination of quality craftsmanship, functional living, unique privacy, and an unbeatable location.

12129 178th Avenue E, Bonney Lake

Listing courtesy of eXp Realty.

$629,000

4 Beds ⋅ 3 Baths ⋅ 2548285 MLS ⋅ ACTIVE Status

Beautifully maintained 4-bedroom, 2.5-bath home offering 2,210 sq ft in the highly desirable Falling Water community! This spacious two-story floor plan features an open-concept great room with a cozy gas fireplace, a dedicated main-floor office, and a convenient mudroom for everyday organization. The kitchen is equipped with a 1-year-old smart refrigerator, and the oversized primary suite includes a walk-in closet and private bath. Stay comfortable year-round with central A/C and enjoy the convenience of an attached 2-car garage. Recent updates include a brand-new furnace, newer washer and dryer, and a professionally installed sprinkler system. Triple-pane windows, a fully fenced backyard with patio and outdoor fireplace, and low-maintenance landscaping complete the outdoor living space. Located in the sought-after Falling Water neighborhood with parks, playgrounds, walking trails, open green spaces, and convenient access to shopping, dining, Lake Tapps, schools, and commuter routes. Move-in ready with quality upgrades already completed!

12014 181st Avenue E, Bonney Lake

Listing courtesy of Terrafin.

$714,900

3 Beds ⋅ 2 Baths ⋅ 2543929 MLS ⋅ ACTIVE Status

The Rambler you've been waiting for in Bonney Lake! This stunning 3-bedroom 2 bath, plus Den/Office home and huge 3 car garage checks every box and offers the perfect blend of comfort, style, and functionality. Backing to peaceful open space, you’ll enjoy exceptional privacy, beautiful views, and a serene setting right from your backyard. Inside, the thoughtfully designed floor plan features a spacious Living room, a large den perfect for a home office or flex space, and extensive luxury vinyl plank flooring throughout the main living areas. The gourmet Kitchen is loaded with upgrades, including 42" cabinets, quartz countertops, a full-height tile backsplash, gas range, upgraded microwave and dishwasher, and ample storage. The inviting living room is centered around a cozy gas fireplace, creating the perfect space to relax or entertain. Step outside to the covered patio and enjoy the fully landscaped and fenced backyard, ideal for year-round outdoor living. The oversized 3-car garage offers plenty of room for vehicles, storage, and hobbies, while the EV charger pre-wire adds modern convenience. Heat pump with AC provides efficient comfort throughout every season. Located in the highly desirable Falling Water community, you’ll enjoy a peaceful neighborhood setting while remaining just minutes from shopping, dining, parks, schools, and commuter routes. Better than new and loaded with upgrades, this exceptional rambler is ready to Welcome you Home!

12624 176th Avenue E, Bonney Lake

Listing courtesy of Terrafin.

$649,999

3 Beds ⋅ 2 Baths ⋅ 2545266 MLS ⋅ ACTIVE Status

This like new resale comes with luxurious upgrades including 9' ceilings, quiet close - solid wood cabinets, tile backsplashes, quartz countertops, stainless steel appliances and so much more. With a spacious open floorplan this home provides room at the generous kitchen island to comfortably seat 4 along with a dining space and relaxing living area with gas fireplace. The primary suite is spacious with a nicely appointed 3/4 bath with double vanity and walk-in shower, walk-in closet and extra storage for linens. The laundry room is perfectly situated between all bedrooms. Luxury comforts continue with a tankless gas water heater to provide an endless supply of hot water and A/C to cool those hot summer nights...and days. Heading outside, the upgraded covered patio spans nearly the width of the home for plenty of outdoor entertaining space and fully fenced back yard. Don't miss the outdoor kitchen, that includes a Blaze grill with plenty of storage. This home is connected to a gas-powered generator that will run almost the entire house with the flip of 1 switch. Security cameras will stay, - buyer will need to purchase subscription. Conveniently located to nearby shopping, restaurants, schools and parks. Everything you need is nestled into this beautiful single-story home.

18025 123RD Street E, Bonney Lake

Listing courtesy of Skyline Properties, Inc..

$695,000

3 Beds ⋅ 2 Baths ⋅ 2532122 MLS ⋅ ACTIVE Status

Welcome to your like-new resale masterpiece in the highly convenient community of Falling Water. Built to impress and meticulously maintained, this stunning home looks and feels completely brand new. From the moment you step inside, the soaring 9-foot ceilings and expansive, light-filled open floor plan welcome you into a world of modern luxury and effortless everyday living. At the heart of the home is a chef’s dream kitchen featuring gleaming quartz countertops, birch cabinetry, premium stainless steel appliances, a massive center island perfect for entertaining, a generous walk-in pantry, and seamless flow into the main living spaces. Need to work from home? A dedicated office space offers the perfect quiet retreat. Efficiency meets comfort here with major, high-value upgrades already done for you. Enjoy ultimate year-round comfort with a newly added central A/C unit,paired with eco-friendly solar panels that deliver incredible, year-round cost savings on your energy bills! Retreat to the oversized primary suite, offering a peaceful sanctuary complete with a large walk-in closet and soaking tub in the luxurious 5-piece bath. Two additional bedrooms and full bath down the extra wide hallway. Outside, the property shines just as bright with a fully fenced, large backyard—ideal for pets, play, or summer BBQs. Wired for generator & storage is a breeze with the garden shed. Don't wait for new construction when you can have this upgraded, energy-efficient Bonney Lake gem today!

17807 123rd Street E, Bonney Lake

Listing courtesy of Redfin.

$599,999

4 Beds ⋅ 3 Baths ⋅ 2480398 MLS ⋅ ACTIVE Status

Discover your dream home in the sought-after Falling Water neighborhood! This 4-bedroom plus office residence offers 2,066 sq ft of well-designed living space. Enjoy fresh interior paint and brand new carpet throughout. The main level features a dining room as well as a nicely updated kitchen with eating space, perfect for gatherings. Also featuring a grand living room, great for hosting the big game. All four bedrooms are on the upper level, providing a private retreat, while the office offers a space for remote work. The spacious yard is well-maintained, ideal for outdoor activities. This home combines comfort and convenience in a tranquil setting. Minutes to shopping, etc. Definitely a must-see home. Don't miss out, make it yours today!

17942 122nd Street Ct E, Bonney Lake

Listing courtesy of COMPASS.

$900,000

2509332 MLS ⋅ ACTIVE Status

Rare 8.4-Acre Homesite in Falling Water – Build Your Dream Estate! Don’t miss this exceptional opportunity to own a spacious 8.4-acre homesite in the sought-after Falling Water community. Acreage opportunities like this are incredibly rare in the area—offering the perfect blend of privacy, flexibility, and convenience. Create your ideal property with room for a custom home, ADU, shop, and lifestyle amenities—whether that’s a sports court, pool, or outdoor retreat tailored to your vision. This build-ready homesite includes water, electricity, and sewer available on-site, allowing you to start planning and building right away. Enjoy the benefits of being part of the Falling Water HOA while still having limited restrictions, giving you greater freedom to design and use your land. Located in a rapidly growing area with easy access to Highway 410, shopping, and daily conveniences, this property offers both tranquility and accessibility. With no existing structures, you have a true blank canvas to bring your dream to life from the ground up!

12610 170th Avenue Ct E, Bonney Lake

Listing courtesy of KB Home Sales.

$950,000

2509327 MLS ⋅ ACTIVE Status

Rare 9.4-Acre Homesite in Falling Water – Build Your Dream Estate! Don’t miss this exceptional opportunity to own a spacious 9.4-acre homesite in the sought-after Falling Water community. Acreage opportunities like this are incredibly rare in the area—offering the perfect blend of privacy, flexibility, and convenience. Create your ideal property with room for a custom home, ADU, shop, and lifestyle amenities—whether that’s a sports court, pool, or outdoor retreat tailored to your vision. This build-ready homesite includes water, electricity, and sewer available on-site, allowing you to start planning and building right away. Enjoy the benefits of being part of the Falling Water HOA while still having limited restrictions, giving you greater freedom to design and use your land. Located in a rapidly growing area with easy access to Highway 410, shopping, and daily conveniences, this property offers both tranquility and accessibility. With no existing structures, you have a true blank canvas to bring your dream to life from the ground up!

12622 170th Avenue Ct E, Bonney Lake

Listing courtesy of KB Home Sales.

$799,950

2508667 MLS ⋅ ACTIVE Status

Rare 7.7-Acre Homesite in Falling Water – Build Your Dream Estate! Don’t miss this exceptional opportunity to own a spacious 7.7-acre homesite in the sought-after Falling Water community. Acreage opportunities like this are incredibly rare in the area—offering the perfect blend of privacy, flexibility, and convenience. Create your ideal property with room for a custom home, ADU, shop, and lifestyle amenities—whether that’s a sports court, pool, or outdoor retreat tailored to your vision. This build-ready homesite includes water, electricity, and sewer available on-site, allowing you to start planning and building right away. Enjoy the benefits of being part of the Falling Water HOA while still having limited restrictions, giving you greater freedom to design and use your land. Located in a rapidly growing area with easy access to Highway 410, shopping, and daily conveniences, this property offers both tranquility and accessibility. With no existing structures, you have a true blank canvas to bring your dream to life from the ground up!

12622 170th Avenue Ct E, Bonney Lake

Listing courtesy of KB Home Sales.

$850,000

2508650 MLS ⋅ ACTIVE Status

12642 170th Avenue Ct E, Bonney Lake

Listing courtesy of KB Home Sales.

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