98349 Homes under $700,000

98349 Homes under $700,000

Welcome to Lakebay, Washington, nestled in the picturesque Pierce County and proudly bearing the zip code 98349. This charming community is a hidden gem, offering a serene lifestyle surrounded by the natural beauty of the Pacific Northwest. With stunning views of the Puget Sound and the majestic Olympic Mountains, Lakebay is perfect for those who appreciate the great outdoors.

One of the most enticing aspects of Lakebay is its diverse real estate market, particularly for homebuyers seeking properties under $700,000. Here, you’ll find a delightful array of homes that cater to various tastes and lifestyles. Whether you're searching for a cozy cottage, a modern family home, or a spacious retreat, Lakebay has something for everyone. Many of these homes are set against a backdrop of lush forests and sparkling waters, making it an ideal sanctuary for nature lovers.

Living in Lakebay means embracing a tranquil lifestyle while still enjoying easy access to nearby amenities. The community boasts local parks, waterfront access, and recreational opportunities such as hiking, boating, and fishing. Additionally, you’re just a short drive away from the vibrant city of Gig Harbor, where you can explore boutique shopping, dining, and cultural attractions.

If you’re ready to find your dream home in a peaceful setting without breaking the bank, Lakebay’s real estate market under $700,000 offers a fantastic opportunity. Discover the charm of this remarkable community today, and start your journey toward a fulfilling life in Lakebay!

Newest 98349 Homes under $700,000

19116 21st Street SW, Lakebay
$315,000
3 Beds ⋅ 2 Baths ⋅ 2587967 MLS ⋅ ACTIVE Status
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

Listing Broker: eXp Realty; Berklee Olson; 209-819-0528; berkleeo@gmail.com

19518 18TH Street Ct SW, Lakebay
$386,500
3 Beds ⋅ 2 Baths ⋅ 2587463 MLS ⋅ ACTIVE Status
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

Listing Broker: Pellego, Inc.; Vito Dunmire; 520-551-4840; Vito@iSellHousesWA.com

19117 21st Street Ct SW, Lakebay
$535,000
2 Beds ⋅ 2 Baths ⋅ 2582223 MLS ⋅ ACTIVE Status
Custom built, wonderfully designed 2 BR home with absolutely to die for 1564 sq ft 6 car detached heated, and finished garage!!! The home was exquisitely designed, equipped and built with so many special unique features! Incredible bank of pictures windows in the great room with soaring cathedral ceilings brings in so much natural light! Separate dining room with built in bookshelf and cabinets! Efficient smaller kitchen with wood cabinetry, gorgeous slab quartz countertops with single bowl drop-in undermount sink, and all newer stainless appliances. The home basically has 2 primary BR set-ups, with a large main floor BR with bathroom right next door with special walk-in tub shower unit. The upstairs boasts a primary suite with amazing 3/4 bath with walk-in custom tiled shower! Upstairs laundry with built-in cabinetry and sink. Every part of this home boasts natural wood trimmed windows, doors & so many built-in, well thought out cabinetry and storage features. The 1564 sq ft garage is AMAZING, and worth the price of this home alone! The garage is heated, insulated, and full of cabinetry, air compressor system, car lift and more! Back-up, propane powered generator system for home and garage! Two sheds, one with a heated office. Manicured yard with mature landscaping and full sprinkler system! This is simply a one of a kind property! Hurry!

19117 21st Street Ct SW, Lakebay

Listing Broker: RE/MAX Northwest; Larry Tuell; 253-312-1757; lartuell@msn.com

20401 22nd Street SW, Lakebay
$625,000
3 Beds ⋅ 3 Baths ⋅ 2574425 MLS ⋅ ACTIVE Status
Peaceful Key Peninsula living at its finest! This spacious property is tucked away on a private cul-de-sac and sits on 2.5 private, wooded acreage. Step inside of this home and immediately get met with vaulted ceilings and an open-concept great room anchored by a cozy wood stove. The spacious kitchen is fully updated and features stainless steel appliances, abundant storage, and a full-size corner pantry. The main level offers 3 bedrooms with a large master suite, a private bath, and a generous walk-in closet. Upstairs, a versatile loft-style family room overlooks the living room and leads to an additional bedroom and full bath that is ideal for guests, a home office, or bonus space! Outside, enjoy the serenity of the surrounding trees, an attached 2-car garage, and plenty of additional parking. A rare opportunity to enjoy acreage, privacy, and room to spread out while still being within reach of Gig Harbor and the amenities of the Key Peninsula!

20401 22nd Street SW, Lakebay

Listing Broker: COMPASS; Gervon Simon; 206-601-4775; gervon.simon@compass.com

15615 53rd Street NW, Lakebay
$475,000
2 Beds ⋅ 2 Baths ⋅ 2571025 MLS ⋅ ACTIVE Status
Discover comfort and small town charm in this beautiful rambler offering 1,662 square feet of comfortable living space. Featuring 2 bedrooms 2 baths situated on 1.148 acres awaiting your future garden and animals. Enjoy the peace and seclusion of the Key Peninsula. Step inside to an inviting open concept. Layout highlighted by abundant natural light. Large chef's island, stainless steel appliances perfect for entertaining or everyday living. Move in ready featuring a new roof, new stove, new paint throughout, new carpet, and more. Fully finished garage with fresh paint. Individual Well.

15615 53rd Street NW, Lakebay

Listing Broker: List4FlatFee.com, LLC; Stacie Whitfield; 425-344-6779; mls@list4flatfee.com

406 E Madrona Drive, Lakebay
$289,000
1 Beds ⋅ 1 Baths ⋅ 2572099 MLS ⋅ ACTIVE Status
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

Listing Broker: Morrison House Sotheby's Intl; Christopher Floyd; 253-220-5700; epicPNWhomes@gmail.com

16119 Pollack Drive NW, Lakebay
$439,950
3 Beds ⋅ 2 Baths ⋅ 2572115 MLS ⋅ ACTIVE Status
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

Listing Broker: MLS4owners.com; Chris C. Nye; 253-460-1900; sales@mls4owners.com

19716 20th Street SW, Lakebay
$509,000
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! Pre-inspection completed, plus full duct and furnace cleaning for added peace of mind! 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 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 Broker: eXp Realty; Mykel Noel Schroeder; 206-308-0859; mykel.schroeder@exprealty.com

1310 E Herron Boulevard NW, Lakebay
$495,000
3 Beds ⋅ 2 Baths ⋅ 2569775 MLS ⋅ ACTIVE Status
Discover island living at its best in this charming single-story cabin on a rare double lot—two separate taxable lots—with gorgeous water views. This inviting 3-bedroom, 2-bath home offers comfortable single-level living and a peaceful island retreat which looks down onto the community beach on the north end of the island. A unique bonus is the accessible area beneath the home, providing convenient parking/storage space for a small boat, golf cart, or similar recreational vehicle. Whether you're looking for a peaceful getaway, full-time island home, or a place to create lasting memories, this property offers an exceptional opportunity. Recent updates include a new roof, double pane windows and exterior paint. Herron Island is a private island community with its own passenger/vehicle ferry, making the journey part of the experience. Enjoy the water, explore the island, and embrace the relaxed pace of island living. With two lots, open water views, and versatile space beneath the home, this is a special opportunity to own your own piece of Herron Island! Interior photos to follow on Tuesday (18th)!!

1310 E Herron Boulevard NW, Lakebay

Listing Broker: Better Properties Gig Harbor; Karen D. Dorans; 253-219-4076; karen@herronisland.com

2616 196th Avenue SW, Lakebay
$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 Broker: John L. Scott, Inc.; AnnaLee Todd; ; annaleebaglio@johnlscott.com

2220 202nd Avenue SW, Lakebay
$625,000
3 Beds ⋅ 2 Baths ⋅ 2568857 MLS ⋅ ACTIVE Status
Welcome home to Joemma Beach Farms, where modern construction meets the tranquility of coastal acreage. This exceptional 3-bedroom, 2-bath rambler is situated on a level 2.5-acre lot, offering the rare privacy and space you’ve been looking for. The heart of the home is an open-concept great room, enhanced by vaulted ceilings and bathed in natural light. The primary suite is a standout, boasting a spacious layout and a comprehensive 5-piece bath for ultimate relaxation. Enjoy effortless year-round comfort with integrated air conditioning and the ambiance of a custom electric fireplace. The exterior living spaces are equally impressive, featuring a covered patio for sunset relaxing and substantial parking capacity—perfect for boats, RVs, and guests. A newly built retaining wall and full fencing completes the back yard. With private, direct access to the beach path and a serene neighborhood setting, this property is the coastal escape you’ve been waiting for.

2220 202nd Avenue SW, Lakebay

Listing Broker: Keller Williams West Sound; David Benefiel; 253-985-5114; davidbenefiel@kw.com

1706 194th Avenue SW, Lakebay
$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 Broker: Keller Williams West Sound; Lily Shouldis; 360-536-6489; lilyshouldis@kw.com

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