Lakebay Homes under $500,000

Welcome to Lakebay, Washington – a hidden gem nestled in the serene beauty of Pierce County! Known for its picturesque landscapes and tranquil atmosphere, Lakebay offers a unique blend of natural charm and community spirit. With its stunning waterfront views and lush greenery, this enchanting subdivision is perfect for those seeking a peaceful retreat from the hustle and bustle of city life.

Lakebay is not just about breathtaking scenery; it also boasts a welcoming community that embraces a relaxed lifestyle. Residents enjoy a variety of outdoor activities, including hiking, boating, and fishing, all within easy reach of the stunning Puget Sound. The area is ideal for families, retirees, and anyone looking to enjoy a close-knit community surrounded by nature.

One of the most appealing aspects of Lakebay is the availability of homes priced under $500,000. This makes it an attractive option for first-time homebuyers, families looking to settle down, and investors seeking great value in a desirable location. Here, you can find charming single-family homes, cozy cottages, and spacious lots that offer plenty of room for outdoor activities or future development.

Lakebay’s real estate market is thriving, making it a perfect time to explore your options in this beautiful area. With a variety of properties to choose from, you can find the perfect home that fits your lifestyle and budget. Experience the magic of Lakebay – where nature meets community, and your dream home awaits!

Newest Lakebay Homes under $500,000

$459,900

3 Beds ⋅ 2 Baths ⋅ 2602263 MLS

Welcome home to the perfect blend of privacy, space, and comfort! Nestled on approximately 1.7 acres in Lakebay, this inviting 3-bedroom, 1.75-bath home offers 1,546 sq ft of single-level living in a peaceful setting. Backing to a greenbelt and Pierce County Parks land, the property offers a quiet retreat with nature as your backdrop. Inside, vaulted ceilings create an airy feel, while a spacious recreation room provides flexibility for movie nights, hobbies, or entertaining. Fresh interior and exterior paint, new luxury vinyl plank flooring throughout the main living areas, and new bedroom carpet give the home a refreshed feel. The kitchen pairs granite countertops and a walk-in pantry with brand-new stainless steel appliances. Unwind in the primary suite featuring a private bath and walk-in closet. Additional highlights include a new water heater, LED lighting, and an in-wall A/C unit for added comfort. Outdoors, enjoy gatherings beneath the covered picnic area, evenings by the fire pit, and plenty of room to garden or relax. A storage shed and partial fencing complete the property. Come discover your own peaceful escape in Lakebay!

516 Tiedman Road SW, Lakebay

$495,000

3 Beds ⋅ 2 Baths ⋅ 2595109 MLS ⋅ Joemma Beach BLDG.

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

$429,950

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

$439,950

3 Beds ⋅ 2 Baths ⋅ 2564058 MLS

If privacy is what you're looking for, you've found it! Nestled among mature trees on a level 2.74-acre lot, this brand-new 3-bedroom, 2-bathroom home offers the perfect blend of peaceful country living and modern comfort. The expansive property provides plenty of room to build a shop, create additional parking, or store your RV, boat, and other recreational toys. Ideally located just minutes from Joemma Beach State Park and the Palmer Lake community, you'll enjoy easy access to a community dock, boat launch, fishing, swimming, and endless outdoor recreation. Whether you're seeking a private retreat or a place with room to grow, this property offers the best of both worlds.

1615 Lake Drive SW, Lakebay

$369,000

3 Beds ⋅ 2 Baths ⋅ 2539591 MLS

Welcome to your dream lake-life haven! Built in 2024, this modern and charming 3-bedroom, 2-bathroom single-level home is perfectly situated at the end of a quiet cul-de-sac in the desirable Key Peninsula neighborhood of Palmer Lake. The bright, open-concept layout offers seamless, stair-free living with contemporary finishes throughout, while the spacious, fully fenced lot provides ultimate privacy for pets, play, and outdoor entertaining around the fire pit! There's a shed for extra storage. Summer is the perfect time to move in and embrace everything this vibrant community has to offer—enjoy swimming, kayaking, and paddleboarding on the lake, take advantage of the community playground and beach, or enjoy beautiful lake views on your evening walks. Best of all, you get the peace of peninsula living with incredible convenience, located just a short drive from Gig Harbor’s boutique shopping, dining, and St. Anthony Hospital, with easy access to Belfair and South Kitsap. Turn-key and ready for summer fun!

19613 25th Street Ct 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.

Lakebay Homes under $500,000

Newest Lakebay Homes under $500,000

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