Lakebay Land for Sale

Welcome to Lakebay, Washington – a hidden gem nestled in the heart of Pierce County! This charming community is situated along the stunning shores of the Puget Sound, offering breathtaking views and a serene atmosphere that captures the essence of Pacific Northwest living. With its lush landscapes, tranquil waters, and friendly neighbors, Lakebay is the perfect place to call home or invest in your dream property.

Lakebay boasts a unique blend of natural beauty and outdoor adventure. Whether you enjoy hiking through scenic trails, kayaking in the calm waters, or simply soaking in the peaceful surroundings, this area has it all. The nearby Penrose Point State Park offers ample opportunities for picnicking, camping, and exploring the stunning waterfront, making it a favorite destination for nature enthusiasts.

If you’re considering land for sale in Lakebay, you’re in for a treat. This region offers a variety of parcels, each with its own unique charm and potential. Whether you envision building your dream home surrounded by towering trees or creating a cozy retreat just steps from the water, Lakebay’s real estate options cater to all preferences and budgets. The community is also conveniently located near essential amenities and services, ensuring that you can enjoy the tranquility of rural living without sacrificing convenience.

Explore the possibilities that await you in Lakebay, where breathtaking landscapes and a vibrant community come together to create the perfect backdrop for your next chapter. Don’t miss the opportunity to secure your piece of paradise in this enchanting corner of Washington!

Newest Lakebay Land for Sale

$77,500

2556800 MLS

Build your dream home in the desirable Palmer Lake community! This ready-to-build 9,271 sq. ft. lot offers public water already on the property, power available at the street, and an approved 3-bedroom septic design—saving you valuable time and expense. This property is ready for your custom home, manufactured home or future investment. As a property owner, you'll enjoy private community access to beautiful Palmer Lake, featuring a boat launch, recreational area, and playground for year-round outdoor fun. Located in the heart of the scenic Key Peninsula, you'll be surrounded by the best of the Pacific Northwest with nearby lakes, parks, hiking trails, boat launches, and Puget Sound recreation. Just minutes from Key Center for shopping, dining, and everyday conveniences, with an easy drive to Gig Harbor and Tacoma. Whether you're ready to build now or invest for the future, this is an exceptional opportunity to own a build-ready lot in a welcoming lakeside community.

19421 24th Street SW, Lakebay

$250,000

2557345 MLS

Discover the perfect setting for your dream home on this beautiful 9.08-acre level parcel, thoughtfully prepared and ready for your vision. The property features a 350 ft private well with electricity, an installed electrical meter, an RV hookup, a large gravel driveway, and an approved septic design valid through August 2027, making it easy to begin planning your build. Multiple groves of majestic cedar trees and stately maple trees create a picturesque landscape that offers both beauty and privacy, while the exceptional soil—featuring more than 5" of loamy sand—provides excellent drainage and versatility. Conveniently located just minutes from Joemma Beach and Penrose Point State Parks, you'll enjoy easy access to hiking, boating, and outdoor recreation. County-maintained 38th Street SW is a paved road providing convenient access to the property. This is a rare opportunity to own a nearly build-ready acreage that combines natural beauty, modern conveniences, and an outstanding location.

3853 146th Avenue SW, Lakebay

$65,000

2546506 MLS ⋅ Palmer Lake Div 2 BLDG.

Priced to Sell parcel for sale in a semi-developed plot of single-family homes. Secluded and ready for you to plan your dream home in rural Pierce County on the peninsula. Embrace the peace and serenity of Pacific Northwest living with this fantastic, well-priced parcel located near the highly sought-after Palmer Lake community! Nestled in a quiet, semi-developed neighborhood of single-family homes in rural Pierce County, this secluded lot is a blank canvas ready for you to plan your dream home or next investment. Situated in the heart of the beautiful Key Peninsula near the quaint town of Home, you will enjoy the tranquility of rural living while still being just a short drive from local shops, restaurants, and the stunning waters of Joemma Beach State Park. With direct paved road access and an established neighborhood feel, this is an incredible opportunity to secure your own peaceful slice of the peninsula!

2218 194th Avenue SW, Lakebay

$215,000

2557062 MLS ⋅ Palmer Lake Div.2 BLDG.

Palmer Lake Waterfront buildable parcel provides you with 43' lowbank private beachfront property. The SW view of the lake highlights the future level building site which slopes down to your very own beach. A very lovely 17,926 square foot lot is waiting to provide someone years of enjoyment. You will also be a member of the Palmer Lake Beach Club Community which offers & maintains 2 additional community beaches, parks, playground, docks, launch, sport court & more. Quality of lakeside living is in your future. This peaceful setting & location is just minutes from the town of Home, Joemma State Park & Penrose State Park for saltwater adventures & beach combing. Key Center is a quick drive bringing you additional shopping, resturants and more amendities. Rare opportunity to own & build on the magical Key Peninsula, a true PNW Gem.

1905 194th Avenue SW, Lakebay

$135,000

2550147 MLS ⋅ Palmer Lake BLDG.

Palmer Lake Beach Club rare lot on private cul-de-sac...this ready to build 9390 Sq.Ft. site with septic already installed includes both water & electric on site is fully fenced around its 29X103X137X132 dimensions & can accommodate a new 3/2 SF stick built or new Manufactured home of your choice. The CC&R's allow an RV to be on site for a short term while construction is underway...! Palmer Lake & the surrounding Key Peninsula areas offer swimming, boating, fishing, Salt Water access to Case Inlet at Joemma Beach, Carr Inlet at Penrose State Parks, Drayton Passage from Filucy Bay, Bay Lake is stocked yearly. Shopping & fuel at Home Colony is a quick 7 minutes away, Key Center amenities are a quick 12 minute drive...Gig Harbor is 25 minutes away & Tacoma, Port Orchard & Bremerton are less than a 45 minute commute time even in winter...! If you are looking for serenity & sense of community...you can find it here in the Heart of the Key Peninsula. You need to see the area to fully enjoy & appreciate it...

1723 193rd Avenue Ct SW, Lakebay

$75,000

2543620 MLS ⋅ Herron Island Division # 4 BLDG.

Welcome to Herron Island, a private island community served by its own ferry, the Charlie Wells. This unique property consists of two original tax parcels that were combined into one, creating a spacious 30,762 sq. ft. (0.71-acre) lot backing to wetlands and a community park for added privacy and a peaceful natural setting.A recorded wetland variance has been approved by the county, and the septic design was approved by the Health Department. The current approval is scheduled to expire in June 2026; however, the owner has applied for an extension. The approved design is for the construction of a 16' x 28' shop with a bathroom. Any future conversion to a dwelling would require a remodel application and approval from the appropriate authorities.The property already has power and community well water connected, making it an excellent opportunity for future development. While planning your dream home or island getaway, you can enjoy the tiny home currently on the property, along with an additional storage shed.Herron Island amenities include community beaches, parks, walking trails, a boat launch, and seasonal boat docks. Conveniently located just 1.5 hours from Seattle and approximately 45 minutes from Tacoma, this is your chance to enjoy island living without being far from the city.Come discover the beauty and tranquility of Herron Island!

730 E Madrona Boulevard NW, Lakebay

$135,000

2543374 MLS

8.5+ acres of possibility in one of the Key Peninsula's most peaceful settings. Tucked away in Lakebay near Bay Lake, this exceptional parcel offers the rare combination of privacy, usable acreage, and significant due diligence already completed. Power is available at the paved road, a 3-bedroom septic design is pending approval, and a wetland delineation exhibit has been completed—helping you move one step closer to bringing your vision to life. Whether you're dreaming of a custom estate, hobby farm, shop, or simply room to spread out, this property delivers the space and flexibility that's becoming increasingly difficult to find. No HOA, no crowded neighborhoods—just 8.5 acres of affordable Pacific Northwest beauty waiting for what's next.

15261 24th Street SW, Lakebay

$129,900

2536832 MLS

Build your dream home on this private and peaceful 5-acre parcel! This mostly level, lightly treed property offers abundant usable land, with the majority of the acreage dry and ready for development. The lot has been partially cleared, corners are marked, and perc tests have already been completed, making it easy to envision your future homesite. Explore the property's layout and spacious buildable area while enjoying the tranquility of a rural setting. Conveniently located near grocery stores and just minutes from boat launches, beaches, and parks, this property offers the perfect blend of privacy and accessibility.

45 Whiteman Road SW, Lakebay

$150,000

2538464 MLS

Opportunity is knocking on this shy 5-acre parcel off Delano Road. Previously logged in 2020, the property has been subject to a 6-year building permit moratorium that is now nearing its end, creating a timely opportunity for buyers ready to plan ahead. Driveway freshly paved! The land offers privacy, seclusion, and usable space for future development, with a private gravel easement providing access. The neighboring shy 5-acre parcel is also available, offering the chance to purchase nearly 10 acres total. Enjoy nearby outdoor amenities including Penrose Point State Park and Lakebay Marina. Owner financing may be available with a large down payment. Bring your vision and start preparing for what this property can become.

4 Lot 9th Street SW, Lakebay

$300,000

2538471 MLS

Rare opportunity to purchase two neighboring shy 5-acre parcels together for a combined total of nearly 10 acres. Lots 2 and 4 are part of the same short plat and offer privacy, seclusion, and long-term development potential off Delano Road. Previously logged in 2020, the parcels have been subject to a 6-year building permit moratorium that is now nearing its end, creating a timely opportunity for buyers ready to plan ahead. A private gravel easement provides access to both lots, with usable land, natural surroundings, and room to create your vision. Enjoy nearby outdoor amenities including Penrose Point State Park and Lakebay Marina. Owner financing may be available with a large down payment.

24 156th Avenue SW, Lakebay

$150,000

2538462 MLS

2 Lot 156th Avenue SW, Lakebay

$150,000

2535158 MLS ⋅ De Lanos 5-acre tracts BLDG.

"SERENITY AWAITS YOU' This practically level 4+ Acre lot provides many opportunities of exclusiveness. Partially cleared. Private Well and Power is on site. Close to Penrose State Park. Septic plan has been approved for 4 bedrooms. The 20 feet long X 8 feet wide X 9.5 feet high cube container on the property will convey with sale. Great for storage. Very short drive to Key IGA a local; independent grocery store serving as a primary community food market for offering everyday essentials.

1629 148th Avenue SW, 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.