2723 Key Peninsula Highway SW, Lakebay, WA 98349

$895,000
4
BD
2
BA
2,534
SqFt

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Listing courtesy of RE/MAX Exclusive. Selling Office: Collison Realty LLC.

Sold Price
$895,000
List Price
$915,000
Status
SOLD
MLS#
2499275
Closing Date
Jul 17, 2026
Days on Market
53
Bedrooms
4
Finished SqFt
2,534
Area Total SqFt
2534
Annual Tax Ammount
6825
Lot Size (sq ft)
435,600
Fireplace
Yes
Sewer
Septic Tank

Property Description

Dreaming of country living with endless potential? This picturesque 10-acre hobby farm offers the perfect blend of rustic charm, functionality, and opportunity. The property features pasture for horses, a loafing shed, mini-barn, detached garage, huge pole building/shop, a seasonal duck pond, and a truly special original homestead barn over 100 years old, ready to be restored to its former glory or reimagined as a one-of-a-kind venue for gatherings, barn parties, or harvest celebrations. The inviting Craftsman farmhouse is full of warmth and character, highlighted by a large covered front porch made for sipping lemonade or sweet tea while taking in the peaceful farm setting. Adding to the property’s charm is a mature orchard featuring 16 varieties of apples, Asian pears, and plums, creating a beautiful and fruitful extension of the farm lifestyle. Inside, you’ll find a main-level primary suite, a charming country kitchen with pot-belly stove, a dining room overlooking the property, plus 3 upstairs bedrooms and an office/bonus room. Recently improved pricing reflects a seller who is prepared and ready for the next chapter, presenting a compelling opportunity for buyers seeking value and lifestyle. Whether you’re dreaming of animals, gardens, entertaining, or simply room to roam, this property is rich with possibility.

Additional Information

Community
Lakebay
Style
11 - 1 1/2 Story
Basement
None
Year Built
1940
Total Covered Parking
4
View
Pond, Territorial
Roof
Composition
Site Features
Barn, Cable TV, Deck, Fenced-Partially, Green House, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
Tax Year
2026
School District
Peninsula
Elementary School
Evergreen Elem
Middle School
Key Peninsula Mid
High School
Peninsula High
Potential Terms
Cash, Conventional, FHA, VA Loan
Interior Features
Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Wet Bar
Flooring
Ceramic Tile, Hardwood, Vinyl, Carpet
Driving Directions
From KPN: Past Key Center and the town of Home onto KPS -1/2 Mile Past Evergreen Elementary To Farmhouse on left side.
Appliance
Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Energy Source
Electric
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.
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