Lakebay Real Estate

Lakebay Real Estate

Welcome to Lakebay, Washington – a hidden gem nestled in the heart of Pierce County. This picturesque community, situated on the stunning Key Peninsula, offers a tranquil escape from the hustle and bustle of city life while still providing convenient access to urban amenities. With its breathtaking waterfront views and lush natural surroundings, Lakebay is the perfect place to call home.

One of the standout features of Lakebay is its close-knit community vibe. Residents enjoy a friendly atmosphere, where neighbors become friends and local events bring everyone together. The area is known for its strong sense of community spirit, making it an ideal location for families and individuals alike.

Nature enthusiasts will fall in love with the abundance of outdoor activities available in Lakebay. The nearby Penrose Point State Park offers miles of hiking trails, pristine beaches, and opportunities for kayaking and fishing. Whether you’re looking to spend a leisurely day by the water or embark on an adventurous hike, Lakebay has it all.

In addition to its natural beauty, Lakebay boasts a variety of local shops, farmers' markets, and dining options that showcase the region's unique charm. Enjoy fresh, locally-sourced produce or savor a meal at one of the cozy eateries that dot the landscape.

With its stunning scenery, welcoming community, and rich recreational opportunities, Lakebay is not just a place to live; it’s a lifestyle. Discover your perfect home in this serene paradise and experience the best of Pacific Northwest living!

Newest Listings in Lakebay

$599,950
3 Beds ⋅ 2 Baths ⋅ 2561905 MLS ⋅ ACTIVE Status
Beautifully remodeled 3 bedroom, den, 2 bath home with a bright open floor plan, brand-new kitchen, and new flooring throughout. Enjoy peace of mind with a newer roof and endless possibilities on an oversized 87,120 sq ft lot. Complete with two huge detached garages—perfect for storage, hobbies, or workspace!

11 Webb Road SW, Lakebay

Listing courtesy of Dove Realty, Inc..

$250,000
2557345 MLS ⋅ ACTIVE Status
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

Listing courtesy of Redfin.

$1,498,000
3 Beds ⋅ 2 Baths ⋅ 2559099 MLS ⋅ ACTIVE Status
Welcome to your ultimate Pacific Northwest sanctuary. Nestled on 2.5 pristine, 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 complete serenity. The home is thoughtfully designed to showcase breathtaking, water views from almost every room, seamlessly blending indoor comfort with the majestic 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

Listing courtesy of Windermere Real Estate/HLC.

$65,000
2546506 MLS ⋅ ACTIVE Status
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

Listing courtesy of eXp Realty.

$899,950
7 Beds ⋅ 3 Baths ⋅ 2555609 MLS ⋅ ACTIVE Status
Experience the ultimate in privacy on nearly 5 acres, featuring 2 separate homes! ADU offers $2200+ est. rental income or multigen living! Long drive leads to custom built main home, ensuring peace & seclusion. 3 bdrms, plus office, 2 flex rooms, & a spacious bonus area, providing ample space for any lifestyle. Kitchen boasts granite counters, full tile backsplash, stainless steel appliances, & breakfast bar. The main floor primary suite includes a 5-piece bath w/ oversized walk-in closet. 2nd home has separate driveway and features vaulted ceilings, kitchen w/ breakfast bar, 3 bdrms, & 2 baths. Outdoors is a perfect blend of forested & open areas w/ endless possibilities. Plenty of room for parking toys or equipment, & expansion!

2727 Jackson Lake Road KPN NW, Lakebay

Listing courtesy of Pellego, Inc..

$625,000
3 Beds ⋅ 3 Baths ⋅ 2552977 MLS ⋅ ACTIVE Status
Get ready to fall in love! Exceptional opportunity in Lakebay is available now and promises to check every box for your lifestyle. Whether it's total privacy, homesteading, work-from-home, homeschooling, multigenerational living, or garage space. It can happen here. Well-maintained 2,537 SQFT main home welcomes you with an idyllic front porch. Inside features a spacious primary suite w/double doors, walk-in closet & full bath. 2 additional bedrooms + bonus room (w/closet) offers more possibilities—home office/playroom/schooling hub/walk-in pantry/gaming retreat or whatever you need! The expansive living room w/grand windows and soaring ceilings that create multiple inviting zones for entertainment and connection. The cozy family room features an elongated fireplace and is currently set up as a billiards area. All of this sits on nearly 5 private acres nestled among majestic trees, offering peace and room to roam. An approved ADU location is fully prepped with its own septic, power, and water—ready for your custom build, manufactured home, or guest suite while maintaining complete privacy between homes. There's still plenty of land left for a massive garage, chicken coops, garden sheds, greenhouses, and other outbuildings to fuel your self-sufficient dreams. Conveniently located just 30 minutes from Allyn, Belfair, and Gig Harbor, and only 10 minutes from Joemma Beach State Park and Penrose Point State Park. Don't miss your chance to own this rare Key Peninsula gem!

1208 205th Avenue Ct SW, Lakebay

Listing courtesy of Paramount Real Estate Group.

$1,025,000
4 Beds ⋅ 3 Baths ⋅ 2547247 MLS ⋅ ACTIVE Status
Luxury custom home nestled on 2 private acres in the gated Peninsula Meadows community! Thoughtfully designed with a spacious great room floorplan, this stunning home features a grand living room with custom built-ins and an oversized sliding glass door, creating seamless indoor-outdoor living. Rich laminate hardwood flooring and plush carpeting flow throughout. The formal dining room is perfect for entertaining and opens to the gourmet kitchen showcasing granite countertops, full-height tile backsplash, stainless steel appliances, and abundant cabinetry. Retreat to the main-level primary suite featuring a spa-inspired bath with a relaxing soaker tub, tiled shower, and spacious walk-in closet. A main-floor den/office offers added flexibility for work or guests. Upstairs you'll find a large bonus room with wet bar, 3 generously sized guest rooms, and a full guest bath. Enjoy year-round outdoor living on the covered deck with cozy gas FP or relax on the covered lower patio overlooking the serene, terraced, park-like setting with plenty of space for a future bonfire pit.

917 Tiedman Road NW, Lakebay

Listing courtesy of John L. Scott, Inc..

$949,995
3 Beds ⋅ 3 Baths ⋅ 2549176 MLS ⋅ ACTIVE Status
Rare opportunity to own a waterfront property in the heart of Lakebay with stunning views of Delano Bay, Carr Inlet, Puget Sound and majestic Mt Rainier. Follow the steps leading to your own beach with 8x16 dock, waterfront patio and firepit area. There are 4 lots total (1.03 acres), the 2 waterfront lots feature the home and approximately 120 feet of waterfront. Built in 1974, this well built rambler with basement offers 2,800 sq ft of living space with 3 bedrooms and 3 baths. On the main floor you'll find the kitchen, dining and living rooms and access to the private deck showcasing breathtaking views. The primary suite features a walk-in closet and private bath. The main floor also includes a second bedroom and full bath. The lower level has its own entrance for added privacy, an office, bedroom with a large dressing room/closet, a 3/4 bath and laundry area. The huge bonus room leads out to the paver patio. Oversized 2 car garage, plus don't miss the 16x28 flex space off of the garage; use for storage/shop/hobby room, make it your own! Partially fenced with greenhouse and outbuilding. Plenty of room for an RV. The other 2 lots are across the street where you'll find another greenhouse, a storage shed, detached carport, plus a flat grassy area. Surrounded by mature forest, the setting offers privacy and abundant wildlife. Waterfront homes in this area rarely become available, making this an exceptional opportunity!

603 151st Avenue Ct SW, Lakebay

Listing courtesy of John L. Scott, Inc..

$715,000
4 Beds ⋅ 3 Baths ⋅ 2546154 MLS ⋅ ACTIVE Status
NEW PRICE!! Escape to the peace and privacy of the Key Peninsula in this spacious 2,700 sq ft classic two-story home nestled on 1.5 acres in the Lakebay community. With 4 bedrooms, and office, a bonus room, and 3 bathrooms, there's room for EVERYONE! — including the convenience of a main-floor primary bedroom. The generous kitchen features abundant cabinetry and a breakfast nook, perfect for morning gatherings. Bring your paintbrush and flooring ideas to customize the interior and make it truly your own — a great opportunity to add instant equity with your personal touches. Relax on the welcoming front porch, roam the large yard, and also the fenced backyard, and enjoy rare private access to Jackson Lake for swimming and non-motorized watercraft. Minutes to the community of Home, Key Center and KPN Middle School. Tranquil living with the space and amenities you've been waiting for.

3014 175th Avenue NW, Lakebay

Listing courtesy of COMPASS.

$995,000
2 Beds ⋅ 3 Baths ⋅ 2542607 MLS ⋅ ACTIVE Status
Architecturally inspired & beautifully sited on nearly two acres of medium-bank waterfront, this extraordinary custom residence captures sweeping views of the Sound, majestic mountains & Heron Island ferry. Inspired by renowned modernist architect Richard Meier & thoughtfully designed by acclaimed Gig harbor architect James E. Kaczmarek, the home is a striking blend of contemporary design & natural beauty. Floor-to-ceiling windows, soaring skylights, graceful coved architectural details, & an open-concept layout fill the home with abundant natural light & frame the ever-changing waterfront vistas. Main level features a refined kitchen & expansive gathering spaces opening to 2 view decks. Upstairs, 2 luxurious primary suites each enjoy private baths, view balconies, including a grand waterfront retreat & a second more secluded sanctuary. Lofted seating area overlooks the dining room & spectacular views beyond. Step outside, add a path down to the beach, to embrace an exceptional waterfront lifestyle with endless opportunities to explore the shoreline just beyond your doorstep. Or simply relax & enjoy spectacular sunsets. Wildlife abounds with eagles, seals, orcas, & deer frequenting the property. Detached 2-car garage w/workshop, flex space, & storage complements the lush grounds adorned w/fruit trees, flowering gardens & mature landscaping, creating a truly exceptional PNW estate. Amazing View ADU potential on the property or above the garage for income or multi-gen living.

20515 21st Street NW, Lakebay

Listing courtesy of Windermere Prof Partners.

$2,800,000
3 Beds ⋅ 5 Baths ⋅ 2528397 MLS ⋅ ACTIVE Status
Striking Pacific Northwest architecture meets an unmatched waterfront setting in this thoughtfully designed home on 103 feet of highly usable shoreline. Exposed beams, repeating square design details, and oversized windows draw the eye outward to the water at every turn - a home that feels as intentional as it is welcoming. The primary bedroom is conveniently located on the main floor. Whether you're envisioning a full-time residence or the ultimate waterfront retreat, the layout delivers: gather spaces flow naturally, gear storage is built in, and beach access is effortless. A finished bonus suite above the garage features an updated kitchen and bath — ideal for guests or rental potential. Both buildings received new 50-year roofs in 2024. Outdoor showers, a firepit, and a permitted buoy round out the waterfront amenities, while the private sandspit - exclusive to the gated community of Driftwood Point - offers rare beachcombing, waterfront entertaining, and easy boat launching. This is the waterfront lifestyle, fully realized.

3709 140th Avenue SW, Lakebay

Listing courtesy of Windermere Prof Partners.

$135,000
2543374 MLS ⋅ ACTIVE Status
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

Listing courtesy of RE/MAX Exclusive.

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