Lakebay Real Estate

Welcome to Lakebay, Washington—a hidden gem nestled in the picturesque Pierce County. This charming community is situated on the serene shores of the beautiful Puget Sound, offering breathtaking views and a tranquil lifestyle that many dream of. With its lush landscapes, vibrant wildlife, and a close-knit community, Lakebay is the perfect place to call home.

Lakebay boasts a rich history and a welcoming atmosphere, making it an ideal destination for families, retirees, and outdoor enthusiasts alike. The area is known for its stunning natural beauty, with ample opportunities for hiking, boating, and fishing. Nearby parks and reserves, such as the scenic Penrose Point State Park, provide residents with easy access to pristine beaches and lush forests, perfect for weekend adventures or peaceful strolls.

The local community is characterized by its friendly residents and a strong sense of belonging. You’ll find charming local shops, cozy cafes, and delightful eateries that showcase the region’s culinary talent. Lakebay’s close proximity to larger cities like Tacoma and Seattle means that residents can enjoy the tranquility of small-town living while still having access to urban amenities.

Education is a priority in Lakebay, with highly-rated schools and community programs that foster growth and development for children and adults alike. Whether you’re looking for a family home, a vacation retreat, or a peaceful place to retire, Lakebay offers a unique blend of natural beauty, community spirit, and accessibility.

Come discover the magic of Lakebay, where every day feels like a vacation!

Newest Listings in Lakebay

$110,000

2581231 MLS

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

$1,250,000

3 Beds ⋅ 2 Baths ⋅ 2579716 MLS

Welcome to your ultimate Pacific Northwest sanctuary. Nestled on 2.5 ultra-private acres, this exceptional estate offers a rare park-like setting where the grounds meet the tranquil shores of the Key Peninsula. From the moment you arrive, you are enveloped in true serenity. This pre-inspected home is thoughtfully designed to showcase breathtaking, water views from almost every room, seamlessly blending indoor comfort with the natural beauty outside. Inside, you'll find great functionality with custom, built-in storage solutions seamlessly integrated throughout the entire home. The crown jewel of this property is the remarkable rare, highly coveted true no-bank waterfront. Complete with deeded tideland rights, your backyard is a private playground for beachcombing, crabbing, and clamming. Listen to the sounds of eagles and the barking of seals. Accessing the shoreline is easy, thanks to a newly engineered bulkhead and a brand-new, set of private stairs leading directly to the beach. Beyond the main residence, the sprawling acreage features a giant detached shop. This large outbuilding is a hobbyist’s dream, offering limitless potential for a workshop, boat and RV parking, or a creative studio. Whether you are looking for a full-time coastal residence or a weekend getaway, this property is a rare legacy retreat that perfectly balances seclusion with immediate beach access--only 20 minutes from Gig Harbor shopping and dining. Come experience a true waterfront retreat!

16409 Hoff Road NW, Lakebay

$340,000

3 Beds ⋅ 2 Baths ⋅ 2576578 MLS ⋅ Palmer Lake BLDG.

Experience all that lakefront living has to offer, while recreating or relaxing from this one-level view home ideally situated on a premier lot adjacent to Palmer Lake. Complete with picturesque gardens and a lawn that gently slopes toward the lake, the property offers a sense of peaceful retreat and endless opportunities from the private community swimming and fishing docks, picnic areas, and park. Bordered by a green belt for privacy, the home features 3 bedrooms and 2 baths, living room connected to a large kitchen with dining space, newer floors, patio for entertaining, fenced back yard, and ample parking. Appreciate the Palmer Lake sense of community and enjoy nearby Joemma and Penrose State Parks on the Puget Sound.

19116 21st Street SW, Lakebay

$625,000

3 Beds ⋅ 3 Baths ⋅ 2574425 MLS ⋅ Joemma Beach BLDG.

Peaceful Key Peninsula living at its finest! This spacious property is tucked away on a private cul-de-sac and sits on 2.5 private, wooded acreage. Step inside of this home and immediately get met with vaulted ceilings and an open-concept great room anchored by a cozy wood stove. The spacious kitchen is fully updated and features stainless steel appliances, abundant storage, and a full-size corner pantry. The main level offers 3 bedrooms with a large master suite, a private bath, and a generous walk-in closet. Upstairs, a versatile loft-style family room overlooks the living room and leads to an additional bedroom and full bath that is ideal for guests, a home office, or bonus space! Outside, enjoy the serenity of the surrounding trees, an attached 2-car garage, and plenty of additional parking. A rare opportunity to enjoy acreage, privacy, and room to spread out while still being within reach of Gig Harbor and the amenities of the Key Peninsula!

20401 22nd Street SW, Lakebay

$169,000

2573080 MLS

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 level building-area. Power/transformer and Phone are ready in the utility easement 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.

1209 196th Avenue NW, Lakebay

$499,000

2 Beds ⋅ 2 Baths ⋅ 2571025 MLS

Discover comfort and small town charm in this beautiful rambler offering 1,662 square feet of comfortable living space. Featuring 2 bedrooms 2 baths situated on 1.148 acres awaiting your future garden and animals. Enjoy the peace and seclusion of the Key Peninsula. Step inside to an inviting open concept. Layout highlighted by abundant natural light. Large chef's island, stainless steel appliances perfect for entertaining or everyday living. Move in ready featuring a new roof, new stove, new paint throughout, new carpet, and more. Fully finished garage with fresh paint. Individual Well.

15615 53rd Street NW, Lakebay

$350,000

3 Beds ⋅ 2 Baths ⋅ 2571868 MLS

Excellent opportunity for an investor, rehabber, or creative buyer ready to make this 1.39-acre wooded property their own. A diamond in the rough, this spacious and private Lakebay retreat is ready for someone willing to roll up their sleeves. The roomy double-wide manufactured home features a generous kitchen, dining room, and living room with a wood-burning stove and stacked-stone surround. The primary suite includes a soaking tub and walk-in shower. Two additional bedrooms, a second full bath, and large utility room provide plenty of flexibility. Outside, enjoy two decks, a cottage with loft space, outbuildings, ample parking, mature plantings, and plenty of room to roam. The adjoining 1.45-acre vacant lot is also for sale, MLS 2571869, offering the opportunity to combine both parcels for nearly 2.85 acres of private land. Sold As-Is.

6218 159th Avenue Ct NW, Lakebay

$289,000

1 Beds ⋅ 1 Baths ⋅ 2572099 MLS

Catch the ferry, watch the shoreline shrink behind you, and arrive somewhere most people don't even know is real. Herron Island is one of the last privately-owned islands in Puget Sound, home to a close community of just over 100 residents, where eagles wheel overhead, deer wander freely, and the noise of everyday life feels miles away. Spend your time at North Beach Park, the untouched shoreline of South Beach, or the quiet of Goodpastor Park. It's the kind of place visitors stumble upon and keep thinking about long after they leave. This 1-bedroom, 1-bath bungalow with a versatile bonus room sits on just over half an acre — one of the island's bigger buildable lots — and has already been upgraded with a complete kitchen and bathroom remodel plus brand-new appliances. The foundation for a mini homestead is in place too: a fenced, deer-proof garden bed where dahlias used to bloom, and a chicken coop waiting for its next flock. Keep it as a private getaway, list it as a rental when you're not around, or hang onto it as a launchpad for something larger later. HOA includes water. You'll reach the island via the community ferry, the Charlie Wells, a quick 10-minute ride that changes everything.

406 E Madrona Drive, Lakebay

$439,950

3 Beds ⋅ 2 Baths ⋅ 2572115 MLS

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

$524,900

3 Beds ⋅ 2 Baths ⋅ 2572328 MLS ⋅ Palmer Lake Div #2 BLDG.

First Time on the Market! One-owner home, completely remodeled and move-in ready—everything is NEW! Seller is offering a $5,000 appliance credit to the buyer! Thoughtfully redesigned with a nature-inspired, biophilic aesthetic, the home showcases exposed natural wood elements that bring warmth, texture, and an organic feel throughout. Step inside to a bright, open floor plan featuring vaulted ceilings, recessed lighting, modern rattan light fixtures, premium fixtures throughout, and durable luxury vinyl plank flooring. The home offers three spacious bedrooms and a beautifully updated bathrooms with a custom premium pine vanity. The completely remodeled kitchen features all-new appliances, custom birch countertops, a real bamboo backsplash, and natural finishes that complement the home's unique design. Fresh interior paint and thoughtful updates throughout make this home truly move-in ready. Three doors open both ways, adding flexibility and functionality while enhancing the home's connection to the outdoors. Outside, the spacious property offers room for a potential ADU, providing exciting possibilities for multigenerational living, guests, a home office, or additional income—buyer to verify. A two-car garage provides plenty of space for parking, storage, hobbies, and more. A rare opportunity to own a beautifully remodeled, one-owner home that blends modern updates, premium finishes, natural warmth, and plenty of room for the future!

19716 20th Street SW, Lakebay

$450,000

2566756 MLS

Breathtaking 9.5+ acres including separate parcel with access from 64th if desired. Come through the privacy gate down the beautifully treed drive to open pasture land with 4 paddocks, a charming pond w/lily pads and dock to sit and gaze from. An amazing elevated area for a home of your dreams to be built offered with a 3-bedroom septic design, drilled well and power box. The luscious grounds feature fruit and nut trees, Northwest plants and flowers, a quaint recreational cabin, and out buildings all encompassed within completely surrounded cross fencing. The feel of this property is hard to convey, and the options are endless, bring your animals, stock the pond, live your dream on your private oasis, yet only 2 miles to Key Center and minutes to the Puget Sound~

6529 Key Peninsula Hwy NW, Lakebay

$495,000

3 Beds ⋅ 2 Baths ⋅ 2569775 MLS ⋅ Division 3 BLDG.

Discover island living at its best in this charming single-story cabin on a rare double lot—two separate taxable lots—with gorgeous water views. This inviting 3-bedroom, 2-bath home offers comfortable single-level living and a peaceful island retreat which looks down onto the community beach on the north end of the island. A unique bonus is the accessible area beneath the home, providing convenient parking/storage space for a small boat, golf cart, or similar recreational vehicle. Whether you're looking for a peaceful getaway, full-time island home, or a place to create lasting memories, this property offers an exceptional opportunity. Recent updates include a new roof, double pane windows and exterior paint. Herron Island is a private island community with its own passenger/vehicle ferry, making the journey part of the experience. Enjoy the water, explore the island, and embrace the relaxed pace of island living. With two lots, open water views, and versatile space beneath the home, this is a special opportunity to own your own piece of Herron Island! Interior photos to follow on Tuesday (18th)!!

1310 E Herron Boulevard NW, Lakebay

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Information courtesy of Intermountain Multiple Listing Service. Information provided by IMLS is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers' personal, non‐commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IMLS does not assume any liability for missing or inaccurate data. All listings provided by IMLS are marked with the official IMLS IDX icon.