Palmer Lake Real Estate

Welcome to Palmer Lake, a hidden gem nestled in the heart of Pierce County, Washington. This charming subdivision offers a unique blend of serene natural beauty and modern conveniences, making it an ideal place for families, retirees, and nature enthusiasts alike.

Surrounded by lush greenery and stunning landscapes, Palmer Lake boasts a tranquil atmosphere that invites residents to enjoy the great outdoors. The community is bordered by picturesque parks and recreational areas, perfect for hiking, biking, and picnicking. The nearby Palmer Lake itself is a peaceful oasis, offering opportunities for fishing, kayaking, and leisurely strolls along its scenic shores.

Palmer Lake is not just about nature; it also offers easy access to a variety of amenities. Residents benefit from proximity to local schools, shopping centers, and dining options, ensuring that daily necessities are just a stone's throw away. The friendly neighborhood vibe fosters a strong sense of community, where neighbors become friends and families can thrive.

For those commuting to nearby cities, Palmer Lake is conveniently located near major highways, providing easy access to Tacoma, Seattle, and beyond. This ideal location means you can enjoy the tranquility of suburban living while still being close to urban conveniences.

In Palmer Lake, you’ll find a diverse range of homes, from charming single-family residences to modern townhouses, catering to various lifestyles and budgets. Whether you’re looking for a cozy retreat or a spacious family home, Palmer Lake has something for everyone.

Discover the beauty and community spirit of Palmer Lake, where your dream home awaits amidst the stunning backdrop of Washington's natural splendor. Come and be a part of this delightful neighborhood today!

Newest Listings in Palmer Lake

$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

$465,000

4 Beds ⋅ 3 Baths ⋅ 2559055 MLS

Welcome home to this move-in-ready 1,640 sq ft Palmer Lake home on the Key Peninsula! Situated on a spacious .21-acre fully fenced corner lot, this home offers a comfortable floor plan with a sunny kitchen featuring quartz counters & new stainless appliances. The kitchen & dining area open to a large deck, perfect for entertaining. Enjoy plenty of room to garden, play & relax outdoors, plus a garden shed and spacious 2-car garage for parking, storage & hobbies. Upstairs offers 4 bedrooms, including a generous primary suite with walk-in closet, 3 additional bedrooms, full bath & convenient upper-level laundry. Enjoy Palmer Lake amenities including a private lake, swimming docks, boat launch & recreation—all within walking distance. Canoe, paddle boat, swim or relax lakeside. Enjoy comfortable living in a wonderful lake community!

1718 193rd Avenue Ct 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

$459,000

3 Beds ⋅ 3 Baths ⋅ 2551486 MLS

Better than new, this beautifully upgraded 2019 home offers stylish, move-in-ready living in the sought-after Palmer Lake community on the scenic Key Peninsula. A welcoming covered front porch provides year-round protection from the elements, while thoughtful upgrades throughout set this home apart. Upstairs, newly installed bamboo flooring flows seamlessly through the bright living room, dining area and spacious primary bedroom. The designer kitchen features quartz countertops, a large island and stainless steel appliances and opens to a private back deck, perfect for morning coffee, entertaining or simply relaxing in a peaceful setting. Enjoy the efficiency of premium triple-pane windows that add additional insulation against noise and temperature fluctuations. Modern bathrooms feature quartz counters and luxury vinyl flooring. The versatile lower level offers a spacious family room, third bedroom, 3/4 bath and laundry area, creating an ideal guest suite, home office or multi-generational living space. The fully fenced backyard with two gates offers privacy and room to create your own outdoor retreat. Enjoy Palmer Lake community amenities including a private stocked lake, beach, fishing dock, parks and recreation, all just minutes from the natural beauty of Joemma Beach State Park. Why wait for new construction when this thoughtfully upgraded home is ready to enjoy today?

2114 191st 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

$449,950

2 Beds ⋅ 1 Baths ⋅ 2551316 MLS

Escape to your own Pacific Northwest retreat! This one-of-a-kind custom home offers rustic charm, modern comforts, and an incredible connection to nature. From the stunning stone entry to the warm exposed woodwork and abundant natural light, you’ll feel right at home.Enjoy a spacious loft, bonus room, and an amazing rooftop deck—perfect for entertaining, stargazing, or relaxing with your morning coffee. Thoughtful updates include a tankless hot water heater, durable metal roof, upgraded 20-amp outdoor outlets, remote-controlled laundry room ceiling fan, wireless window security sensors, and a transferable security system.Outside, you’ll find apple, cherry, and plum trees, along with blueberries, huckleberries, and lingonberries, plus a beautiful wildflower meadow that attracts birds and butterflies. Spend summer days in the above-ground outdoor pool, and enjoy the convenience of a large covered carport, spacious storage outbuilding, and all appliances included.As part of the sought-after Palmer Lake Community, you’ll enjoy access to two private lakes with beaches, a large waterfront park, playground, picnic areas, fishing dock, and private boat launch. Conveniently located just 17 miles from Hwy 16, this property offers the perfect blend of peaceful living and outdoor recreation.Rarely do homes with this much character, privacy, and community lifestyle become available. Schedule your private showing today!

19112 SW 19th Street, Lakebay

$399,900

3 Beds ⋅ 2 Baths ⋅ 2541067 MLS

Welcome home to this charming one-level retreat in the sought-after Palmer Lake community on the Key Peninsula. Offering 3 bedrooms, 2 bathrooms and a 2-car garage. Enjoy the convenience of RV parking and a spacious, level yard with plenty of room to garden, entertain, relax, or create your ideal outdoor space. Just a short walk from the lake, this property offers access to the best of Pacific Northwest living. Palmer Lake residents enjoy a stocked private lake, fishing dock, parks, and a private community beach. Spend your days fishing, swimming, kayaking, exploring nearby trails, or taking a quick drive to beautiful Joemma State Park. A wonderful opportunity to enjoy comfort, recreation, and the relaxed charm of Key Peninsula living.

19105 17th st SW, Lakebay

$480,000

3 Beds ⋅ 3 Baths ⋅ 2514462 MLS ⋅ Palmer Lake Div #2 BLDG.

Discover this charming home in Palmer Lake community of Lakebay, nestled on the beautiful Key Peninsula! Home boasts modern kitchen with butcher-block countertops, stainless steel appliances, and a central island with a breakfast bar. Open concept living on the main floor that combines the living room, dining room and kitchen which is ideal for entertaining. Back porch and fenced backyard that is spacious so bring your creative ideas for fun outdoor living! The upstairs has primary suite with private bathroom and two more bedrooms! There is ample parking and two parking spots in the garage and the home is situated in a peaceful cul-de-sac. Sit on the front covered porch and enjoy the solitude! The community has lake, cabana, beach & dock! Sellers moving due to job relocation. New Roof in 22/23 **Lease-to-own financing options may be available for qualified buyers through a preferred lender, subject to buyer and property eligibility requirements and program guidelines.

19617 21st Street Ct SW, Lakebay

$485,000

3 Beds ⋅ 2 Baths ⋅ 2515256 MLS

Impeccably maintained single story home in the Palmer Lake community where pride of ownership is clear from the moment you arrive. Designed with an open concept great room and vaulted ceilings, the layout offers a natural flow that works beautifully for both daily living and gathering with friends. A wood stove anchors the space, adding warmth and a welcoming touch. The open kitchen features oak cabinetry, newer stainless steel appliances, pantry & breakfast bar. Flow seamlessly into the dedicated dining area that feels elevated from the typical eat in setup. A flexible den creates options for a home office, hobby room, or quiet escape, while 3 bedrooms and 2 full baths provide a layout that simply makes sense. The primary suite includes a private bath & walk in closet. Step outside to a wraparound deck overlooking a .22 acre lot, offering space to relax, entertain, or enjoy the outdoors. Located in the Palmer Lake community, this home offers a comfortable lifestyle in a setting that feels tucked away yet connected. View today!

1704 197th Avenue SW, Lakebay

$60,000

2508047 MLS

Discover your private retreat in the heart of the Palmer Lake community. This buildable lot is perfectly situated just steps from the water’s edge for easy access to swimming, fishing, and boating. Whether you envision a custom-built home or a modern manufactured residence, the choice is yours. With water and power already at the road and an expired septic design ready for renewal, you’re one step closer to your dream getaway. Plus, explore the great outdoors with Joemma and Penrose state parks just minutes away!

2501 195th Avenue SW, Lakebay

$369,000

3 Beds ⋅ 2 Baths ⋅ 2502301 MLS ⋅ Palmer Lake Div # 2 BLDG.

Charming Palmer Lake home on a spacious .25-acre lot! 1,296 sq ft of comfortable living space with an inviting open floorplan! Enjoy the bright and open living room that flows seamlessly into the kitchen featuring stainless steel appliances, a stainless-steel farmhouse sink, white cabinetry, and an adjacent dining area—perfect for everyday living and entertaining. Durable waterproof laminate flooring runs throughout the home. The generous primary suite includes a walk-in closet and a walk-in shower, while two additional guest bedrooms and a full bath provide plenty of space for everyone. Outside, you’ll find ample room for RV parking and multiple outbuildings with storage—ideal for hobbies, tools, or extra storage needs. Experience all that Palmer Lake living has to offer with incredible community amenities, including private beaches, docks, picnic areas, and a fully stocked lake for fishing. Spend your days paddle boating, kayaking, canoeing, or simply relaxing by the water—this is lake life at its best!

1828 197th 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.