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12511 Cole Point Drive, Anderson Island, WA
Perched above the Puget Sound, this beautifully crafted custom Anderson Island home offers refined living with sweeping Puget Sound views. The entertainer's kitchen features ample hickory cabinetry, granite countertops, Blanco sink plus high-end appliances which flows seamlessly into the great room with cozy fireplace. Steps away is a cedar sunroom & deck to capture stunning water views. Upstairs, the spacious primary suite includes a sitting area & ample deck for sunrise views, along with a luxurious en suite & large walk-in closet. The lower level offers 2 bedrooms, spacious bathroom, full kitchen & radiant heated floors, plus a separate entry with digital key code—ideal for multi-generational living or vacation rental potential. The property features a massive 2,000+ sq. ft. detached garage with 3 garage bays including a 40-ft RV bay. The fully insulated & heated garage includes a half bath & 400 sq. ft. upstairs flex space plus an on-demand generator for the home. Outside, enjoy a beautifully manicured yard with fruit trees, garden areas, & relaxing hot tub. Located near the local golf course & just 1 mile to the boat launch. This extraordinary property offers more than a home—it offers a lifestyle defined by quiet luxury & breathtaking views. A place where you arrive, exhale, & truly feel at home.

Fizbo Market Record — April 1, 2026 Compared against 182,059 active listings nationwide, 10 in Anderson Island, and none in the state, here is where this property stands. This custom-built Northwest Contemporary home on Anderson Island an array of features. The listing notes a beautifully crafted entertainer's kitchen with hickory cabinetry, granite countertops, and high-end appliances that flow seamlessly into the great room with a fireplace. Upstairs, the primary suite includes a sitting area, ample deck for sunrise views, en-suite bathroom, and large walk-in closet. The lower level offers two bedrooms, full kitchen, radiant heated floors, and separate entry with digital key code – for multi-generational living or vacation rental potential. Priced at $1,285,000, this listing ranks in the 80th percentile of active inventory in Anderson Island, meaning only 20% of listings are more expensive. This is also consistent with its price/sqft and sqft percentiles, both ranking in the 80th position. Notably, it's priced at 2.74 times the city median, indicating a premium pricing strategy. However, this listing's specs – including three bedrooms and four bathrooms – are above average for Anderson Island, with bedroom count being 1.07x the city average and bathroom count being 1.67x. What sets this property apart from its competitors is its massive detached garage, featuring three garage bays, a 40-ft RV bay, half bath, and 400 sq. ft. upstairs flex space. This is an uncommon feature in Anderson Island listings – only 12% of competing properties include an in-law suite or similar setup. On the other hand, this listing lacks paved access, which is present in over 50% of city listings. Anderson Island has a relatively warm market, with 10 active listings and an average days on market of 50. This suggests that homes are moving at a moderate pace, but it's essential to note that there is limited data available for this specific area. With its unique features and premium pricing strategy, this listing presents opportunities for differentiation in marketing and showings, particularly when highlighting the detached garage and multi-generational living potential.
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Property Type
Single Family
Year Built
2014
Lot Size
21,000 sqft
Price / Sqft
$458
Days on Market
21 days
Full Baths
2
Half Baths
2
Subdivision
Anderson Island
MLS #
NWM157494489
Listing Type
Residential
Market
NWMLS
District
Steilacoom Historica
Elementary
Anderson Isl Elem
Middle
Buyer To Verify
High School
Buyer To Verify
12511 Cole Point Drive, Anderson Island, WA 98303 — Pierce County
Christina Keller
Morrison House Sotheby's Intl

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How this home compares across city, state, and national benchmarks
Listed at $1,285,000, this 3-bed house in Anderson Island is 169% above the Census median home value of $477,600 for Anderson Island. Compared to 8 other 3-bed homes in Anderson Island (averaging $603,313), this property is 113% above average. Washington's median home value is $396,924, putting this listing 224% above the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 11 homes for sale
Standout Features
Above Average
Standard
Anderson Island has a population of 1,341 with a median household income of $72,074 and a homeownership rate of 98.7%. The median home value is $477,600.
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data