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32118 Benbow Drive E, Graham, WA, 98338

1beds
1baths
760sqft
$319,900
$421price/sqft
$2,133/moest. monthly cost
$85,320/yrincome needed

About This Home

Lakefront Opportunity with Private Dock – Bring Your Vision! If you've been dreaming of an affordable waterfront getaway, this could be the opportunity you've been waiting for. Nestled on a peaceful lake, this 760-square-foot home offers the rare chance to enjoy lakefront living with your own private dock, all in a quiet setting surrounded by numerous lakes, perfect for fishing, kayaking, boating, and year-round outdoor recreation. Whether you're looking for a weekend retreat, vacation rental investment, or a place to renovate into your ideal lake home, this property is full of potential. Wake up to tranquil water views, spend your days on the dock, and enjoy evenings by the lake away from the hustle and bustle. The home is ready for someone with vision and is priced to reflect the opportunity to make it your own. With its unbeatable waterfront location and peaceful surroundings, the true value lies in the lifestyle this property offers. Don't miss your chance to own a slice of lakefront paradise and create something truly special. Cabin is rustic and could use some love but has power and water and a newer electrical panel (the might be running in tandem with the old one). See attached easements for septic and well. Property is level and has easy access into the lake. Inspection for informational purposes only, seller to do no repairs. Camp Lakeview on Lake Tanwax is .5 miles away.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

5/10
5/10
Frontier Middle SchoolGrades 6-86.6 mi
7/10

Construction

Condition

  • Property condition: Fixer
  • Year built: 1950

Materials

  • Roof: Composition
  • Construction materials: Wood Siding,Wood Products

Notable Dates

  • Major remodel year: 1950

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin,1 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater: Electric,Water Heater Location: Inside by bathroom

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Family Room

  • Level: Main

Features

  • Flooring: Vinyl,Carpet

Heating & Cooling

  • Heating features: Wall Furnace,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 760
  • Total interior livable area: 760 sqft

Kitchen Without Eating Space

  • Level: Main

Property

Details

  • Parcel number: 510000670
  • Zoning: RSR
  • Zoning description: Jurisdiction: County
  • Special condition: Standard
  • Other equipment: Leased Equipment: No

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Water Heater
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake
  • Frontage length: Waterfront Ft: 55
  • Topography of land: Level

Lot

  • Lot size: 6,499 sqft
  • Features: Paved,Deck,Dock,Fenced-Partially,Outbuildings
  • Lot size dimensions: 126 x 65 x 103 x 34 x 21

Parking

  • Total spaces: 2
  • Parking features: None
  • Uncovered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Avalanche
    AvalancheVery High
  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Volcanic Activity
    Volcanic ActivityModerate

How This Home’s Risks Compare

Avalanche
Cold Wave
Earthquake
Heat Wave
Volcanic Activity

FEMA Declared Disasters in Pierce County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,617$19,404
Home Insurance *$82$984
Property Taxes $285$3,420
Electricity $149$1,793
Total$2,133$25,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$73,131/yr
40% on housing$63,990/yr
45% on housing$56,880/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$421This listing

vs Other Active Listings

Avg $/sqft

ZIP 98338$230
Pierce County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 98338$288
Pierce County$312

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-04Listed for sale$319,900

For Sale by Agent

AgentSteven Roggow
BrokerageTerrafin

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