Palmer Lake Homes with FHA Terms

Palmer Lake Homes with FHA Terms

Palmer Lake: A Serene Neighborhood in Lakebay, Washington

Nestled in the picturesque city of Lakebay, Washington, Palmer Lake is a charming neighborhood that offers residents a tranquil and serene lifestyle. Located in Pierce County, this area is known for its natural beauty and close-knit community.

Situated in the heart of Lakebay, Palmer Lake is surrounded by stunning landscapes, including lush forests, sparkling lakes, and breathtaking mountain views. Residents can enjoy a variety of outdoor activities, such as hiking, fishing, and boating, making it an ideal location for nature enthusiasts.

One of the notable features of Palmer Lake is its abundance of homes with FHA terms. For those looking to purchase a home, FHA terms provide an attractive option. With FHA financing, buyers can benefit from lower down payments, flexible credit requirements, and competitive interest rates. This makes homeownership more accessible and affordable for many individuals and families.

In Palmer Lake, you'll find a range of housing options to suit different preferences and budgets. From cozy cottages to spacious family homes, there is something for everyone. The neighborhood boasts well-maintained properties and a sense of community pride.

When it comes to amenities, Palmer Lake is conveniently located near schools, shopping centers, and restaurants, ensuring residents have easy access to everyday necessities. Additionally, the neighborhood is within a short drive of larger cities like Tacoma and Seattle, offering even more entertainment and employment opportunities.

If you're seeking a peaceful and welcoming neighborhood with homes available on FHA terms, look no further than Palmer Lake in Lakebay, Washington. Discover the beauty and charm this area has to offer and find your perfect home in this idyllic community.

Newest Palmer Lake Homes with FHA Terms

$524,900
3 Beds ⋅ 2 Baths ⋅ 2572328 MLS ⋅ ACTIVE Status
First Time on the Market! One-owner home, completely remodeled and move-in ready—everything is NEW! Thoughtfully redesigned with a nature-inspired, biophilic aesthetic, the home showcases exposed natural wood elements that bring warmth, texture, and an organic feel throughout. Step inside to a bright, open floor plan featuring vaulted ceilings, recessed lighting, modern rattan light fixtures, premium fixtures throughout, and durable luxury vinyl plank flooring. The home offers three spacious bedrooms and a beautifully updated bathrooms with a custom premium pine vanity. The completely remodeled kitchen features all-new appliances, custom birch countertops, a real bamboo backsplash, and natural finishes that complement the home's unique design. Fresh interior paint and thoughtful updates throughout make this home truly move-in ready. Three doors open both ways, adding flexibility and functionality while enhancing the home's connection to the outdoors. Outside, the spacious property offers room for a potential ADU, providing exciting possibilities for multigenerational living, guests, a home office, or additional income—buyer to verify. A two-car garage provides plenty of space for parking, storage, hobbies, and more. A rare opportunity to own a beautifully remodeled, one-owner home that blends modern updates, premium finishes, natural warmth, and plenty of room for the future!

19716 20th Street SW, Lakebay

Listing courtesy of eXp Realty.

$429,999
3 Beds ⋅ 2 Baths ⋅ 2569353 MLS ⋅ ACTIVE Status
Palmer Lake Community is calling your name! Tucked into a fabulous area with parks and waterfront nearby, this open-concept single-story home checks every box. Fully fenced to keep the wayward soccer ball on property (should you like that sort of thing), and placed midway down a peaceful cul-de-sac for extra privacy. Need a place to store your gardening treasures or hobby creations? A gate large enough for your boat or RV leads to a sturdy, super-dry shed. Want a cover for that boat, too? The seller is willing to leave an additional cover just inside the gates.Inside, vaulted ceilings let this home live large, while french doors off the great room open to the perfect patio for BBQs and entertaining. And with Palmer Lake itself just moments away, summer fun is never far — swimming, boating, and lakeside relaxation all included. Truly a gem worthy of your viewing.

2616 196th Avenue SW, Lakebay

Listing courtesy of John L. Scott, Inc..

$400,000
3 Beds ⋅ 2 Baths ⋅ 2558370 MLS ⋅ ACTIVE Status
Just over a quarter acre in the beautiful Palmer Lake community with private lake access. Fully fenced backyard with plenty of room for gardening, entertaining, pets, or relaxing in privacy. New, durable storage shed for your gardening or storage needs. The 2 car garage and generous driveway offer parking for up to 6 vehicles, with additional space for an RV. Inside, the well-designed kitchen offers plenty of workspace and a practical layout that makes cooking and entertaining easy. Upgrades include new flooring, electric fireplace, new back deck, and fresh interior and exterior paint. Less than 3 mi from Joemma Beach State Park, a beautiful beachfront offering recreational activities including camping, fishing, and boating.

1706 194th Avenue SW, Lakebay

Listing courtesy of Keller Williams West Sound.

$525,000
2 Beds ⋅ 2 Baths ⋅ 2560183 MLS ⋅ PENDING - BACKUP OFFER REQUESTED Status
Waterfront Lake living with a new private dock, fenced property, oversized carport, ample additional parking & spacious outbuilding with power. This 2 bedroom, 2 bath charmer sports vaulted wood ceilings, great room concept living, laundry and huge windows that embrace the natural light & sweeping view. The 536 sq.ft. deck overlooks your manicured beachfront & dock. This wonderful lake view is ever changing with the seasons. The Palmer Lake Country Beach Club provides community events and two parks on each end of the lake. The main beach park features playground, docks, raft and loads of fun! A true Pacific Northwest Gem.

1907 194th Avenue SW, Lakebay

Listing courtesy of Coldwell Banker Bain.

$465,000
4 Beds ⋅ 3 Baths ⋅ 2559055 MLS ⋅ ACTIVE Status
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

Listing courtesy of Windermere RE West Sound Inc..

$135,000
2550147 MLS ⋅ ACTIVE Status
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

Listing courtesy of Windermere Prof Partners.

$444,000
2 Beds ⋅ 1 Baths ⋅ 2551316 MLS ⋅ ACTIVE Status
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 19th SW, Lakebay

Listing courtesy of Kelly Right RE of Seattle LLC.

$480,000
3 Beds ⋅ 3 Baths ⋅ 2514462 MLS ⋅ ACTIVE Status
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

Listing courtesy of Keller Williams South Sound.

$485,000
3 Beds ⋅ 2 Baths ⋅ 2515256 MLS ⋅ ACTIVE Status
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

Listing courtesy of Crafted Real Estate.

$369,000
3 Beds ⋅ 2 Baths ⋅ 2502301 MLS ⋅ ACTIVE Status
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

Listing courtesy of Keller Williams Realty.

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