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411 151st Avenue Ct SW, Lakebay
$399,000
2565728 MLS
Rare opportunity to own a build-ready high-bank waterfront parcel in the desirable Lakebay area with tideland rights, completed due diligence, and significant pre-development work already underway. This property offers sweeping water views and an exceptional opportunity for a custom home, vacation retreat, or long-term investment hold. Extensive groundwork has already been completed, including survey work, wetland review/certification, geotechnical evaluation, stormwater-related work, civil engineering coordination, and utility/planning documentation. Community well agreement information, easements, and supporting development-related materials available for buyer review. The property combines privacy, natural beauty, and future vision potential while substantially reducing the uncertainty and upfront investigative work often associated with waterfront and rural development parcels. Excellent opportunity for buyers seeking a premier homesite with meaningful legwork already completed. Buyer to verify all information to their own satisfaction regarding intended use, building plans, utilities, shoreline regulations, and development feasibility.

411 151st Avenue Ct SW, Lakebay

19518 18TH Street Ct SW, Lakebay
$386,500
3 Beds ⋅ 2 Baths ⋅ 2587463 MLS
Assumable 4.5% VA loan available to qualified buyers, including non-veterans, subject to lender approval! Approx 362k balance on mortgage. Enjoy a fixed interest rate with no mortgage insurance and a current principal and interest payment of approximately $1,989/month, excluding taxes and insurance. Built in 2021, this home features an open-concept living area, spacious kitchen with breakfast bar, dining area, and flexible office space. The primary suite offers a private full bath and walk-in closet. Set on approximately 0.27 acre with a partially fenced yard and storage shed. Enjoy Palmer Lake community amenities, including lake access, private beach parks, boat launch, dock, picnic area, and basketball court. Discover newer-home comfort and an attractive financing opportunity on the Key Peninsula.

19518 18TH Street Ct SW, Lakebay

2621 194th Avenue SW, Lakebay
$379,500
3 Beds ⋅ 2 Baths ⋅ 2594801 MLS ⋅ Palmer Lake BLDG.
Welcome to Palmer Lake Community and private access to the Waterfront, Dock, Playground and Park. Truly a gem in the NW Living on the Key Peninsula. Joemma Park and Penrose State Park just around the corner too ... Enjoy fishing, kayaking, boating, crabbing, and more at these saltwater parks. This home has just undergone a fresh update with all new carpeting, appliances, a landscaping refresh, and it is sparkling clean! Over 1500 SQ FT of living space with 3 Bedrooms, Den/Office, 2 Full Baths and an Open Design layout! Flooded with natural light with skylights, kitchen access to the Dining Room, Breakfast Nook and Eating Bar. A very spacious feeling with vaulted ceilings and windows facing East & West for all day sunshine. Entry Porch and Rear Deck... Partially fenced and there is a storage building. Loads of parking and a corner lot. HOA fee is just $230 per YR... covers the park, picnic tables, restrooms, lake access and the lake is stocked for year round fishing! Easy commute to both Port Orchard, Purdy, and Gig Harbor!

2621 194th Avenue SW, Lakebay

19307 22nd ST Court, Lakebay
$375,000
3 Beds ⋅ 2 Baths ⋅ 2599291 MLS
Wake up to Palmer Lake views in this 2025 modern shed-roof home, just a block from the private community clubhouse, beach park, boat launch and playground! Inside you’ll find 9' ceilings, a bright open layout and a large kitchen island with a stainless farm sink, perfect for cooking and gathering, plus a dining area where you can take in the peaceful water view. Luxury vinyl plank flows through the kitchen and baths, and modern ceiling fans, mini blinds with window valances and efficient heating add comfort and style. The primary suite features a double vanity bath and a large walk-in closet, with 3 bedrooms and 1.75 baths in all. Outside, new privacy fencing wraps most of the level lot, creating a private spot for relaxing evening fires while you soak in the serene lake view. The open land in front is a septic drainfield, which helps keep that view clear. An upgraded block skirting package adds lasting quality you won’t find on every manufactured home. Community membership is only $40 a year, and HOA dues are just $15 a month for road maintenance. Enjoy swimming, boating and easy living in a quiet Key Peninsula setting. Schedule your showing and see the view for yourself!

19307 22nd ST Court, Lakebay

19613 25th Street Ct 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

22504 Maple Drive NW, Lakebay
$349,900
3 Beds ⋅ 2 Baths ⋅ 2519168 MLS ⋅ Herron Island Division # 2 BLDG.
Welcome to your fully reimagined Herron Island retreat. Thoughtfully remodeled from top to bottom, this stunning 3-bedroom, 2-bath home offers 1,056 sq ft of stylish and functional living space in one of the Pacific Northwest’s most unique private island communities. Nearly every surface has been updated, creating a fresh, move-in-ready home that perfectly blends modern comfort with laid-back island charm. The open-concept layout is filled with natural light and designed for easy everyday living or weekend escapes. Updated finishes throughout give the home a clean, modern feel, while the spacious lot offers privacy, tranquility, and room to enjoy the outdoors. Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this home offers the perfect balance of comfort and island living. Located on private ferry-access Herron Island, residents enjoy access to community beaches, parks, trails, seasonal docks, and a boat launch—all surrounded by the natural beauty of the Puget Sound. A rare opportunity to own a turnkey island home where everything has already been done for you. Seller will provide a 12-month home warranty with an acceptable offer for added peace of mind. Be sure to ask about potential seller-paid closing cost assistance!

22504 Maple Drive NW, Lakebay

1828 197th Avenue SW, Lakebay
$339,950
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

402 E Madrona Boulevard NW, Lakebay
$299,900
2 Beds ⋅ 2 Baths ⋅ 2492798 MLS ⋅ Herron Island Div # 5 BLDG.
Slow down, you’ve made it to Herron Island — a private island community where life moves to the rhythm of the water, and the ferry ride on the Charlie Wells becomes part of your daily unwind. This single-level cabin, just shy of 1,500 square feet, offers easy, comfortable living with 2 bedrooms and 2 baths. The primary suite is spacious and filled with natural light, complete with its own ensuite bath (including washer/dryer plus walk-in closet. The second bedroom is generously sized for guests, hobbies, or quiet retreat. The heart of the home is the open living area that flows into the kitchen and dining space — perfect for slow mornings with coffee or relaxed evenings after a day on the beach. A small office nook makes working remotely feel a little less like work. Upstairs, a loft storage area keeps things practical, while the enclosed porch (not included in the square footage) invites you to linger a little longer with a book or a glass of wine. Set on a level 0.61-acre lot, there’s room to dream — a future garage, workshop, garden, or simply wide-open space to enjoy the privacy and peace that island living brings. The cabin could use some updating, but it’s completely livable as-is — giving you the chance to settle in first and make it your own over time. If you’ve been craving a place where weekends stretch longer and the mainland feels a world away, this might be it. Enjoy community features such as the beaches, trails, boat launch, seasonal boat docks & more!!

402 E Madrona Boulevard NW, Lakebay

1207 E Madrona Boulevard NW, Lakebay
$299,000
3 Beds ⋅ 3 Baths ⋅ 2598378 MLS
Escape to your own slice of island life! This 1,370 sq. ft. cabin sits on Herron Island, accessible by private ferry, and offers 3 bedrooms and 2.5 baths across a layout built for gathering. Originally built in 1966, the home has seen thoughtful additions and updates over the years, including a durable metal roof. Step into a cozy living room with fireplace, open to the kitchen for easy entertaining. The main floor also features a laundry room with half bath, two bedrooms, a full bathroom, and a family room with a hide-away bed for extra guests. Upstairs, a private bedroom retreat awaits with its own 3/4 bath and covered deck, the perfect spot to soak in the filtered water views. Enjoy an easy stroll to the community beach, boat launch, seasonal docks, parks, and trails. The detached garage currently serves as a workshop, ready for your next project. Sale includes an additional vacant lot for a total of 0.80 acres, all tucked along a quiet island cul-de-sac road.

1207 E Madrona Boulevard NW, Lakebay

406 E Madrona Drive, 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

19116 21st Street SW, Lakebay
$275,000
3 Beds ⋅ 2 Baths ⋅ 2598393 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

3853 146th Avenue 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

20015 10th Street SW, Lakebay
$235,000
2581279 MLS
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

Cornwall Road NW, Lakebay
$229,000
2494351 MLS
Discover the opportunity to own 12.83 acres of private wooded land, in the peaceful waterfront community of Lakebay, on the scenic Key Peninsula. Tucked away in a tranquil setting, this expansive parcel offers TWO BUILDING SITES, creating the flexibility to design a private estate, multi-generational retreat, or a primary residence with a guest home. Towering evergreens, natural forested surroundings, and abundant wildlife also make it the perfect camping site; surrounded by the privacy and serenity you have been looking for. Life in Lakebay is defined by its relaxed coastal charm, where days are spent exploring nearby shorelines, kayaking or boating along Carr Inlet, visiting local parks, and enjoying a slower pace. Residents appreciate the strong sense of community and easy access to recreation while still being within reach of the shopping, dining, and marinas of Gig Harbor and the amenities of Tacoma and Gig Harbor. Whether you’re looking to build now or invest for the future, this rare acreage offers the chance to own something truly special in one of the peninsula’s most peaceful and naturally beautiful settings.

Cornwall Road NW, Lakebay

3009 Whiteman Road SW, Lakebay
$220,000
2563015 MLS ⋅ NA BLDG.
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

1905 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

22115 Maple Drive NW, Lakebay
$199,900
3 Beds ⋅ 2 Baths ⋅ 2461035 MLS
Live the Island life! Have you ever wanted to have your personal Hide-away? A place where you pretty much know all your neighbors, and at the same time, the feeling that your living at a resort. Herron Island is a hidden gem in Puget Sound. The whole Island is one Homeowner association, owning waterfront park, their own ferry boat, plus playfields. Public water system and on Island fire station you are not without everything you need. The home here offers a rustic environmental feeling, but very functional. Primary suite on the main level, with two more bedrooms upstairs. Big living room with wood stove fireplace and large entertainment area with a lot of windows. You will absolutely want to see this for yourself.

22115 Maple Drive NW, Lakebay

16456 Hoff Road NW, Lakebay
$199,000
2518701 MLS
Discover your perfect slice of the Pacific Northwest! This level, 1.6-acre wooded parcel on Hoff Road sits just south of Joe’s Bay in the charming Town of Home—known for its boat ramp, mooring areas, park, and playground. Skip the stress of permits and planning! This property includes county-approved architectural plans and active building permits for a stunning 3BD/2.5BA, 2,223 sq. ft. home with vaulted ceilings and a spacious great room. The sellers built this same home next door—it’s gorgeous! Love the design but not the build process? The seller, a licensed general contractor, can potentially construct it for you. Listing is for vacant land only. Price reflects land value. Permits included (Pierce County #1048938).

16456 Hoff Road NW, Lakebay

1415 208th Avenue SW, Lakebay
$199,000
2287787 MLS
Every so often, a truly special property comes along, and Herron Hill is one of those rare opportunities. Tucked away at the end of a quiet dead-end road on the Key Peninsula, this beautiful five-acre parcel offers the privacy, tranquility, and natural beauty that make country living so appealing. A partially cleared homesite near the top of the property is ready for your vision and may offer Olympic Mountain views with selective clearing. Mature trees provide a peaceful setting, along with the potential for marketable timber, and the property has already been surveyed with corners clearly marked. Whether you've been dreaming of building your forever home or simply owning a private retreat, this property offers an exceptional place to start. Seller financing may be available, creating a unique opportunity for buyers who have always wanted to own land but are looking for greater flexibility than traditional financing may offer. Just a short drive to Gig Harbor, Highway 16, parks, and waterfront recreation, this is your chance to create something truly special.

1415 208th Avenue SW, Lakebay

819 E Madrona Boulevard NW, Lakebay
$189,900
2 Beds ⋅ 1 Baths ⋅ 2533508 MLS
Island living doesn’t get more charming than this! Tucked away on ferry-access-only Herron Island, this 2-bedroom, 1-bath home offers beautiful water views, abundant wildlife, and the peaceful escape you’ve been looking for. Located just about 25 minutes outside of Seattle, this charming island retreat makes a fantastic vacation getaway or weekend escape. The island’s friendly resident deer are frequent visitors, adding to the one-of-a-kind experience. Enjoy slow mornings and relaxing evenings on the oversized covered deck while taking in the quiet surroundings and beautiful scenery. With resident-only access, Herron Island offers a private, peaceful atmosphere while still keeping you within reach of the city. Whether you’re looking for a vacation spot, weekend retreat, or a place to simply get away from it all, this island gem is ready and waiting—come make it your own!

819 E Madrona Boulevard NW, Lakebay

826 E Herron Blvd NW, Lakebay
$180,000
2487098 MLS
Tucked away on private Herron Island, this rare ½-acre property with water views offers the perfect blend of peaceful island living and future potential. Accessible by ferry, this is your opportunity to own a true Pacific Northwest retreat. The property is cleared and build-ready, featuring a permitted 320 sq ft custom tiny home (classified as an outbuilding) set on a foundation with electricity and water already connected. The tiny home includes a main-level kitchen with mini fridge and microwave, dining area, and living space with large pull-out bed, plus an upstairs loft for additional sleeping or office space. A major bonus—sellers have completed a 3-bedroom septic design with a recently approved permit, making this property primed for expansion. Live simply in the existing tiny home while you build, create a private getaway, or explore Airbnb/short-term rental potential. Additional features include a 10x10 shed, dog kennel, and even a paddleboat. Herron Island is a private community offering incredible amenities: North Beach Park with sandy beachfront, boat launch, dock, kayak racks, and covered picnic area, plus South Beach Park, scenic trails, and a vibrant community. Whether you're searching for a tiny home escape, build-ready land with utilities, or a unique investment opportunity, this property delivers. Peaceful, private, and about an hour from Tacoma and Puyallup—your island retreat awaits.

826 E Herron Blvd NW, Lakebay

826 E Herron Blvd NW, Lakebay
$180,000
2486688 MLS
Tucked away on private Herron Island, this rare ½-acre property with water views offers the perfect blend of peaceful island living and future potential. Accessible by ferry, this is your opportunity to own a true Pacific Northwest retreat. The property is cleared and build-ready, featuring a permitted 320 sq ft custom tiny home (classified as an outbuilding) set on a foundation with electricity and water already connected. The tiny home includes a main-level kitchen with mini fridge and microwave, dining area, and living space with large pull-out bed, plus an upstairs loft for additional sleeping or office space. A major bonus—sellers have completed a 3-bedroom septic design with a recently approved permit, making this property primed for expansion. Live simply in the existing tiny home while you build, create a private getaway, or explore Airbnb/short-term rental potential. Additional features include a 10x10 shed, dog kennel, and even a paddleboat. Herron Island is a private community offering incredible amenities: North Beach Park with sandy beachfront, boat launch, dock, kayak racks, and covered picnic area, plus South Beach Park, scenic trails, and a vibrant community. Whether you're searching for a tiny home escape, build-ready land with utilities, or a unique investment opportunity, this property delivers. Peaceful, private, and about an hour from Tacoma and Puyallup—your island retreat awaits.

826 E Herron Blvd NW, Lakebay

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


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.

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