Lakebay Real Estate

Nestled along the serene shores of the picturesque Key Peninsula in Pierce County, Washington, Lakebay is a hidden gem that perfectly blends natural beauty with a tight-knit community feel. This charming neighborhood offers a tranquil escape from the hustle and bustle of city life, making it an ideal spot for families, retirees, and outdoor enthusiasts alike.

Lakebay is renowned for its stunning waterfront views and access to the pristine waters of Puget Sound. Residents enjoy a plethora of recreational activities, from kayaking and paddleboarding to fishing and beachcombing along the scenic coastline. The nearby Penrose Point State Park is a treasure trove for nature lovers, featuring hiking trails that wind through lush forests and offer breathtaking vistas of the surrounding landscape.

Community spirit thrives in Lakebay, where neighbors come together for local events and gatherings, fostering a welcoming atmosphere. The area boasts a variety of charming shops, cozy cafes, and family-owned restaurants that reflect the region's unique character. In addition, the local schools are well-regarded, providing excellent educational opportunities for children.

With its stunning natural surroundings, friendly community, and convenient access to amenities, Lakebay is more than just a place to live—it's a lifestyle. Whether you're seeking a peaceful retreat or an active outdoor lifestyle, this delightful neighborhood has something for everyone. Explore the beauty and charm of Lakebay, where your dream home awaits amidst the tranquil embrace of nature.

Newest Listings in Lakebay

$495,000

3 Beds ⋅ 2 Baths ⋅ 2595109 MLS ⋅ ACTIVE Status

Enjoy room to spread out on 2.5 wooded acres with this spacious 3 bed, 2 bath home offering nearly 1,800 sqft of comfortable single-level living. A light-filled interior welcomes you with generous living and dining spaces, warm laminate flooring, skylights, and a freestanding wood stove that creates a cozy focal point for those chilly PNW nights. The roomy kitchen offers abundant cabinetry, useful island, plenty of countertop space, and an easy flow into the dining area. French doors, ceiling fans, double-pane windows, and a private primary suite with attached bath add to this home’s everyday comfort. A dedicated utility room with washer and dryer provides added convenience as well. Outside, the property offers a peaceful blend of open, level areas and mature trees with plenty of space for gardening, recreation, hobbies, or simply enjoying the privacy. An impressive 960 sqft of garage space with built in work space, 2 bays + an RV height door, plus additional outbuildings for storage & hobbies. This property provides excellent room for vehicles, projects, equipment, and storage. Located in Lakebay on the beautiful Key Peninsula, enjoy a quieter, more rural lifestyle surrounded by the natural beauty of the Pacific Northwest. Nearby parks, trails, beaches, and Puget Sound recreation offer endless opportunities to get outdoors, while Key Peninsula Hwy provides access to local amenities and connections toward Gig Harbor and beyond.

20226 26th Street SW, Lakebay

Listing Broker: Keller Williams Realty; Drake Robert Romeo; 253-514-0575; drakeromeorealty@gmail.com

$790,000

5 Beds ⋅ 3 Baths ⋅ 2594873 MLS ⋅ ACTIVE Status

Experience an extraordinary blend of elegance, tranquility & timeless beauty in this stunning 5-bedroom, 2.5-bath residence offering 2,776 sq ft on 1.45 acres of level, fully fenced grounds. Surrounded by breathtaking, storybook scenery, this exceptional property is picturesque! A beautiful entryway adorned with elegant wainscoting welcomes you into beautifully appointed living spaces, including formal dining, inviting living areas & a charming sitting area/room in the front to enjoy your surroundings. Remodeled kitchen showcases quartz countertops, beautiful cabinets, pantry and beautiful backsplash. Luxurious main-floor primary suite offers a peaceful retreat-beautifully painted, walk in closet 5 pc bathroom with windows to the back yard. Upstairs - discover generously sized bedrooms & an expansive loft with endless possibilities. Entertain effortlessly on the impressive oversized deck overlooking your picturesque acreage. Exceptional amenities include a NEW 2026 roof with transferable warranty, 2024 generator, EV charger, A/C & oversized garage. A rare opportunity to enjoy refined living, expansive grounds & an enchanting setting straight from the pages of a storybook. Truly unforgettable!

221 195 Avenue SW, Lakebay

Listing Broker: Skyline Properties, Inc.; Rachel E. Jones; 253-604-6000; RachelJonesSells@gmail.com

$474,999

3 Beds ⋅ 2 Baths ⋅ 2593773 MLS ⋅ ACTIVE Status

A private setting, room to spread out and fresh updates await on approximately 1.7 acres in Lakebay. This 1,546 sq ft single-level home offers 3 bedrooms, 1.75 baths and an expansive recreation room. Vaulted ceilings enhance the open living spaces, while new luxury vinyl plank flooring extends through the main living area, kitchen, dining area, laundry and hallway. The kitchen features a walk-in pantry and brand-new stainless steel appliances, including a French-door refrigerator, range, microwave and dishwasher. The primary suite includes a walk-in closet and attached bath, with new carpet in all bedrooms. Additional updates include a new water heater, in-wall A/C unit and LED light fixtures throughout. Enjoy outdoor gatherings beneath the covered picnic area or evenings around the fire pit. A storage shed and fencing along two sides round out this spacious property.

516 Tiedeman Road SW, Lakebay

Listing Broker: Windermere Real Estate/East; Tammy Yao; 650-288-8242; tammy@vestus.com

$130,000

2593204 MLS ⋅ ACTIVE Status

2.4 acres for under $130K is your blank canvas in Lakebay. Towering maples and a gentle canopy create a beautiful, private setting with natural pockets of sunshine throughout. Electricity on site; well and septic system will be needed to build a home. No prior development, no HOA, just a clean slate to make it yours. Build a home here or set up a weekend campsite while you plan. Or simply own 2.4 acres of peaceful Key Peninsula land and figure out the rest later. Minutes from Penrose Point State Park, Rocky Creek Conservation Area, and easy access to Carr Inlet saltwater beach at Maple Hollow Park...the outdoor lifestyle is already right outside your door. Bring your plans, your builder, or just your tent! At this price, the land does the talking.

120 184th Avenue Ct NW, Lakebay

Listing Broker: Hawkins Poe; Melanie Hawkins; 253-358-9157; melaniehawkins@hawkinspoe.net

$125,000

2589121 MLS ⋅ ACTIVE Status

Escape to your own private retreat with this fully fenced 2.25-acre parcel in the peaceful community of Longbranch. Flat, spacious, and surrounded by natural beauty, this property offers privacy, paved access, and an ideal setting for a custom or manufactured home, a weekend getaway, or a future investment. Enjoy the tranquility of a wooded setting while remaining close to the outdoor adventures that make the Pacific Northwest special. Just minutes from Penrose Point State Park and a short drive to Joemma Beach State Park, you’ll have easy access to saltwater beaches, boating, kayaking, fishing, camping, and scenic hiking trails. This versatile parcel offers the opportunity to create your own private sanctuary. Conveniently located approximately 30 minutes from Gig Harbor’s shopping, dining, and amenities, you can enjoy peaceful country living without sacrificing convenience. Whether you’re ready to build or planning for the future, this property offers space, flexibility, and endless possibilities. Come explore the land and envision the lifestyle that awaits!

1015 Whiteman Road SW, Lakebay

Listing Broker: Clasen Real Estate Advisors; Chris Clasen; 206-601-6656; chris@clasenadvisors.com

$985,000

6 Beds ⋅ 2 Baths ⋅ 2582944 MLS ⋅ ACTIVE Status

Incredible opportunity to own & enjoy spectacular waterfront on the Von Geldern Cove in Lakebay with 50 feet of prime low bank frontage! Escape the hustle & bustle to enjoy beautiful sunsets as you listen to the seagulls on this fantastic 1.82 acre lot! Enter the nearly 3,000 sq ft home from your covered front porch & step into a large entry way welcoming you to the expansive living room with woodburning fireplace & slider to one of the covered outdoor living areas. The impressively large kitchen boasts tons of cupboards & counterspace as well as a vegie sink. The spacious dining room provides plenty of space for large gatherings & wonderful views of the bay. 2 bedrooms & a full bath upstairs. Head downstairs to another huge living area complete with pool table, an additional covered outdoor living area, 4 more bedrooms, a full bath & utility room. Step outside to a 1,296 sq ft shop with power & water that offers plenty of indoor parking for all your toys & an upstairs loft for storage plus more beautiful views of the bay. Add'l parking in the 2-car carport. The incredible large yard offers an abundance of mature landscaping, fruit trees & tons of room for games & gardening. The 2009 pier is 6' wide & 30' long with a 26' x 3' aluminum ramp & a 20' x 8' floating dock supported by 4 steel piers built by Marine Floats. 2 tax lots totaling 1.82 acres. Excellent clam & oyster beds! Could make a perfect AIRBNB for large groups! A little TLC will go a long way here! Welcome Home!

1220 166th Avenue Ct NW, Lakebay

Listing Broker: Best Choice Realty LLC; Khristina Swanson; 253-653-8557; khristina.swanson@comcast.net

$235,000

2581279 MLS ⋅ ACTIVE Status

Discover nearly 5 acres of peaceful Key Peninsula living, where privacy, nature and possibility come together. Tucked along a quiet paved dead-end road in Lakebay, this beautiful property offers the space and freedom to create your own Northwest retreat, with water, power and an installed 3-bedroom septic already on site. Towering evergreens create a wonderful sense of privacy, with open areas, natural surroundings and plenty of room to imagine what comes next. Replace the existing manufactured home with a new one or bring your plans and create a home that takes full advantage of this beautiful setting. There is room for gardens, outdoor living, a shop, RV and recreational toys, or simply more space to breathe and enjoy the quiet. A charming outdoor sitting area adds to the relaxed feel and gives you a perfect place to take in the surroundings. Life on the Key Peninsula is about enjoying the best of the Pacific Northwest. Joemma Beach State Park is nearby, along with miles of Puget Sound shoreline, parks, trails, boating, kayaking, fishing and endless opportunities to get outside. Gig Harbor and the Tacoma Narrows Bridge are within easy reach when you want to head into town. Come home to fresh air, towering trees, peaceful surroundings and nearly 5 acres of your own. With essential utilities already in place, much of the groundwork has been done. Bring your vision and create your own piece of the Pacific Northwest.

20015 10th Street SW, Lakebay

Listing Broker: RE/MAX Exclusive; Julia Runyan; 253-549-5110; juliarunyanrealestate@gmail.com

$99,900

2581231 MLS ⋅ ACTIVE Status

Owner will entertain SELLER FINANCING!! Escape to the tranquility of the Key Peninsula with this beautiful 5-acre parcel in Lakebay! Zoned R10 and offering plenty of space and privacy, this property is an exciting opportunity to create your own country retreat surrounded by the natural beauty of the Pacific Northwest. Power is available at the street, and a previous listing indicated well availability at approximately 200' deep. Enjoy the peaceful rural setting with room to envision your future homesite, gardens, shop or simply additional space to roam. Conveniently located for exploring all that the Key Peninsula has to offer, including nearby parks, beaches and outdoor recreation. Buyer to verify well, septic feasibility, utilities, access and all development possibilities to their satisfaction. Bring your plans and discover the possibilities!

714 Webb Road SW, Lakebay

Listing Broker: RE/MAX Exclusive; Stephanie L. Patrick; 253-297-0022; spatrick@remax.net

$140,000

2573080 MLS ⋅ ACTIVE Status

Beautiful 5 Acres parcel on a private, dead-end gated road. Located in the Historic community of Home. Come build your dream home or make it a vacation getaway! You'll have a view of Rainier from the upper part of the Parcel. Power/transformer and Phone are ready in the utility are on the first corner, just in front of the property. There is so much to enjoy with 5 acres - from morning mini-hikes with your coffee, quiet at the end of your day; bring your dreams. You can have Peninsula Light hook up a temp power pole for your Trailer or RV, to stay in while you build your home. Continue straight down on Herron Rd you will reach the Puget Sound for water sports, fishing or Kayaking plus a few Parks nearby. Close by there is the US Post Office, Laundromat, gas station, eateries and store in Home within Minutes.

1209 196th Avenue NW, Lakebay

Listing Broker: RE/MAX Exclusive; Mavi Macfarlane; 253-203-8499; rattleing9@aol.com

$439,950

3 Beds ⋅ 2 Baths ⋅ 2572115 MLS ⋅ ACTIVE Status

Private charming 3 bedroom house sitting on 1 1/4 acres in a park like setting. Two full bathrooms, dressing area, kitchen, dining area, den, living room, and laundry room. There are beautiful aluminum ramps for easy access for handicap accessibility. All new paint inside and new laminate flooring thru out the house. A new roof was professionally installed this year. The house comes with 1/4 share in the well that serves the house. It is move in ready and just waiting for a new owner.

16119 Pollack Drive NW, Lakebay

Listing Broker: MLS4owners.com; Chris C. Nye; 253-460-1900; sales@mls4owners.com

$160,000

2566491 MLS ⋅ ACTIVE Status

Come build your dream home in Lakebay close to the Peninsula in this 2.5 acre property. The site has been cleared for a 3000 sq. ft home, with 3 bedrooms to be built. Wetland report, site plans, site engeneering/design have all been done along with septic/soil consult. Buffer areas are marked for you to see the area where you can build. Please take caution when viewing the property, some holes are there for city to test water drainage. Power is in the property. Seller not able to continue plans to build but has done all the heavy work. Documents available for you in supplements. Shared road, neighbors to right and left have built homes. Bring us an offer and start your dream home plans.

915 174th Avenue NW, Lakebay

Listing Broker: Icon Group; Aminta Granera; 206-304-4592; aminta@iconreg.com

$220,000

2563015 MLS ⋅ ACTIVE Status

Discover the perfect balance of privacy and potential with this exceptional nearly 10-acre property located in the peaceful and secluded community of Lakebay, Washington. Surrounded by stunning cedar trees and rich forestry, this unique parcel offers the ideal setting for you to build your dream home or private getaway. With power and water available, including a drilled well, much of the groundwork is ready for your vision. While the lot was previously cleared and featured a long driveway leading to a remote clearing offset from the road, it will need to be refreshed, presenting an exciting opportunity to design the property to suit your needs. The land is primarily flat for easy building, with a slope at the rear, perfect for creative landscaping or unique architectural features. Nature lovers will relish the proximity to Joemma Beach State Park, where opportunities for kayaking, fishing, hiking, and beachside relaxation await. This rural yet accessible location provides the quiet comforts of country living while still being just a short drive to local amenities. Now is the time to claim your slice of Northwest paradise and turn your dreams into reality. Make this breathtaking Lakebay property yours today!

3009 Whiteman Road SW, Lakebay

Listing Broker: John L. Scott, Inc.; Josie Monson; 360-434-2923; josiemonson@johnlscott.com

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Lakebay Real Estate

Newest Listings in Lakebay

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