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$110,000
2565915 MLS ⋅ ACTIVE Status
Discover the endless possibilities on this gently sloping 5.56-acre parcel in beautiful Lakebay on the Key Peninsula! Whether you envision a custom dream home, hobby farm, private retreat, or peaceful country getaway, this property offers the space and flexibility to bring your vision to life. An existing dirt road provides access through the property, with potential building areas on either the east or west side. Enjoy views across your own expansive pasture, framed by strips of mature trees along both the eastern and western borders, providing a wonderful blend of open space, privacy, and natural beauty. Lakebay is known for its scenic surroundings and peaceful, rural character, yet you’re only approximately 18 miles from Gig Harbor and its shopping, dining, and amenities. Three additional 5.56-acre parcels are also available and offered separately, creating a unique opportunity for those seeking additional acreage. Must be accompanied by WA State real estate agent with approved appointment.

313 184th Avenue Ct SW, Lakebay

Listing courtesy of Gateway Real Estate.

$110,000
2565930 MLS ⋅ ACTIVE Status
Discover the diverse possibilities on this gently sloping 5.56-acre parcel in beautiful Lakebay on the Key Peninsula! Whether you envision a custom dream home, hobby farm, private retreat, or peaceful country getaway, this property offers the space and flexibility to bring your vision to life. An existing dirt road provides access through the property, with potential building areas on either the east or west side. Enjoy views across your own expansive pasture, framed by strips of mature trees along both the eastern and western borders, providing a wonderful blend of open space, privacy, and natural beauty. Lakebay is known for its scenic surroundings and peaceful, rural character, yet you’re only approximately 18 miles from Gig Harbor and its shopping, dining, and amenities. Three additional 5.56-acre parcels are also available and offered separately, creating a unique opportunity for those seeking additional acreage. Must be accompanied by WA State real estate agent with approved appointment.

317 184th Avenue Ct SW, Lakebay

Listing courtesy of Gateway Real Estate.

$120,000
2565877 MLS ⋅ ACTIVE Status
Discover the many possibilities on this gently sloping 5.56-acre parcel in beautiful Lakebay on the Key Peninsula! Whether you envision a custom dream home, hobby farm, private retreat, or peaceful country getaway, this property offers the space and flexibility to bring your vision to life. An existing dirt road provides access through the property, with potential building areas on either the east or west side. Enjoy views across your own expansive pasture, framed by strips of mature trees along both the eastern and western borders, providing a wonderful blend of open space, privacy, and natural beauty. Lakebay is known for its scenic surroundings and peaceful, rural character, yet you’re only approximately 18 miles from Gig Harbor and its shopping, dining, and amenities. Three additional 5.56-acre parcels are also available and offered separately, creating a unique opportunity for those seeking additional acreage. No Trespassing. Must be accompanied by WA State real estate agent with approved appointment.

119 184th Avenue Ct SW, Lakebay

Listing courtesy of Gateway Real Estate.

$120,000
2565902 MLS ⋅ ACTIVE Status
Discover the myriad of possibilities on this gently sloping 5.56-acre parcel in beautiful Lakebay on the Key Peninsula! Whether you envision a custom dream home, hobby farm, private retreat, or peaceful country getaway, this property offers the space and flexibility to bring your vision to life. An existing dirt road provides access through the property, with potential building areas on either the east or west side. Enjoy views across your own expansive pasture, framed by strips of mature trees along both the eastern and western borders, providing a wonderful blend of open space, privacy, and natural beauty. Lakebay is known for its scenic surroundings and peaceful, rural character, yet you’re only approximately 18 miles from Gig Harbor and its shopping, dining, and amenities. Three additional 5.56-acre parcels are also available and offered separately, creating a unique opportunity for those seeking additional acreage. Must be accompanied by WA State real estate agent with approved appointment.

202 184th Avenue Ct SW, Lakebay

Listing courtesy of Gateway Real Estate.

$769,000
3 Beds ⋅ 4 Baths ⋅ 2562331 MLS ⋅ ACTIVE Status
Discover a private, quintessential Northwest retreat nestled among mature trees and overlooking a seasonal pond. This inviting home features dramatic 22-foot vaulted ceilings, three spacious bedrooms, and 3.5 bathrooms, plus a generous loft and dedicated office area. Two fireplaces add warmth and character - one in the open-concept kitchen and living area and another in the expansive finished daylight basement. Outside, a wraparound deck overlooks the secluded yard and several fruit trees, creating an ideal setting for relaxing or entertaining. A durable metal roof tops both the home and the detached three-car garage. Home warranty included.

19002 20th Street NW, Lakebay

Listing courtesy of ALLEN Realtors.

$425,000
2565728 MLS ⋅ ACTIVE Status
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

Listing courtesy of eXp Realty.

$726,000
3 Beds ⋅ 2 Baths ⋅ 2566099 MLS ⋅ ACTIVE Status
Experience the best of Pacific Northwest country living on this move-in-ready 5-acre retreat, where privacy, nature, and convenience come together. Tucked among mature trees yet less than 30 minutes from Gig Harbor, Hwy 16, shopping, dining, and everyday amenities, this property offers the peaceful lifestyle you've been searching for without sacrificing accessibility. The inviting one-level home features an open floor plan and a spacious kitchen designed for preparing homegrown meals and gathering with the people who matter most. With 3 bedrooms, 2 bathrooms, and a private primary suite featuring dual walk-in closets, the home offers comfortable, functional living. Step outside to a fully fenced backyard with established fruit trees, garden space, winding nature trails, and a natural watershed that creates a lush, tranquil setting with minimal maintenance. Harvest fresh produce, enjoy morning coffee on the new deck, soak in the hot tub under the stars, and experience the simple joys of living surrounded by nature and abundant wildlife. Whether you're dreaming of a hobby farm, homestead, gardening, or simply room to breathe, this property offers endless possibilities. Complete with a whole-house generator, two versatile outbuildings, and a 3-car garage, this rare acreage retreat blends comfort, self-sufficiency, and peaceful rural living. All within an easy commute to modern conveniences.

1327 196th Avenue NW, Lakebay

Listing courtesy of Hawkins Poe.

$699,000
4 Beds ⋅ 3 Baths ⋅ 2556923 MLS ⋅ ACTIVE Status
Private. Peaceful. Move-in ready. Built in 2020 and set on nearly 2 acres, this like-new True Built custom rambler offers the perfect blend of modern comfort and PNW living. ALL NEW APPLIANCES! Expansive great room featuring soaring vaulted ceilings and oversized windows that bring the outdoors in. The chef-inspired kitchen offers granite countertops, soft-close cabinetry, stainless steel appliances, abundant storage, & a spacious breakfast bar perfect for gathering with friends. Private primary suite is a true retreat with a luxurious five-piece bath featuring dual sinks, soaking tub, separate shower, & generous walk-in closet. Enjoy versatile den ideal for a home office, media room, bedroom or guest space. Quality details throughout, including a hammered copper powder room sink, large mudroom, & OVERSIZED 780sqft. attached 3 car garage. Outside, enjoy everything homeowners dream about: • Nearly 2 acres of level usable land • Brand-new full-length concrete patio • Fully fenced backyard • RV parking with concrete pad, WPS hookup • Dual driveway access • 2 insulated outbuildings with electricity, lighting, & windows. -- perfect for hobby rooms, offices, GYM or workshops • Covered front porch • Leaf Filter gutter protection • Whole-house propane Generac generator. NO HOA, Just Road Maint. Conveniently located approx. 30-45 min to Naval Base Kitsap, JBLM, Gig Harbor, Tacoma, Southworth ferry & everyday amenities, offering the perfect balance of privacy, comfort & conveniences.

3417 188th Avenue NW, Lakebay

Listing courtesy of Coldwell Banker Danforth.

$525,000
2 Beds ⋅ 2 Baths ⋅ 2560183 MLS ⋅ ACTIVE 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..

$215,000
2557062 MLS ⋅ ACTIVE Status
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

Listing courtesy of Coldwell Banker Bain.

$321,500
2 Beds ⋅ 2 Baths ⋅ 2556878 MLS ⋅ ACTIVE Status
Escape to the peace and privacy of Herron Island, a charming island community with its own passenger and vehicle ferry, just 45 minutes from Tacoma. Perfectly positioned to capture beautiful water views, this inviting cabin offers a relaxing retreat where every day feels like a vacation.The main entry on the ground floor features the primary bedroom with closet, a full bathroom with double sinks, a classic clawfoot tub, and a stackable washer and dryer. You'll also find a finished bonus room (without a window) that's ideal for a walk-in closet, hobby room, or additional storage.The second level boasts an open-concept living room, dining area, and kitchen with abundant cabinetry and granite countertops, along with a second full bathroom. Vaulted ceilings and skylights fill the home with natural light, creating a bright and airy atmosphere. The upper level offers a second bedroom and an open loft, perfect for guests, a home office, or extra sleeping space.Step outside to the covered deck and take in the tranquil water views. Situated on a generous 0.26-acre (11,429 sq. ft.) lot, there's plenty of room to relax and enjoy the island lifestyle.Herron Island residents enjoy access to community beaches, parks, a boat launch, seasonal docks, and miles of natural beauty. Whether you're looking for a full-time residence or the perfect weekend getaway, this is your chance to own a slice of Pacific Northwest paradise.

310 Fir Lane NW, Lakebay

Listing courtesy of Better Properties Gig Harbor.

$425,000
2 Beds ⋅ 1 Baths ⋅ 2554330 MLS ⋅ CONTINGENT Status
This Is The One! Recharge your batteries or entertain friends in your fully furnished perfect beach getaway cabin! West facing waterfront retreat on Gorgeous Herron Island. Enjoy your amazing 88 feet of waterfront with stunning bulkhead while gazing into the sunset over Harstine Island. Snap sunset pics with the Olympic Mountain Range showcasing its majesty. Entertain on the stunning bulkhead and launch kayaks, paddle boards, boats, yourself, and fishing lures into the Case Inlet. Beachcombing is always rewarding and you can even stroll around the Island. Sellers have maintained oyster bags on the beach for years. Watch whales, seals, and porpoises swim by while lounging on the deck. Fantastic, quiet location on Herron Island with the perfect yard for lawn games, volleyball, and camping out. Treat neighbors and guests to pizza from your pizza oven. Store your beach toys on the bulkhead in the boat house for easy access and use. Cabin is updated with newer metal roof, paint, double pane windows, flooring, new electrical panel, kitchen counters, water heater, refrigerator, microwave and more. Stay warm in the winter with a cozy wood stove and electric heaters. Stay cool in the summer with west facing tinted windows. Four person, infrared Sauna with WIFI and Sound System. Stackable Washer Dryer. Once you experience it you won't want to leave!

1510 W Herron Blvd NW, Lakebay

Listing courtesy of Windermere Prof Partners.

$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..

$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.

$449,950
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.

$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..

$329,000
3 Beds ⋅ 3 Baths ⋅ 2547464 MLS ⋅ ACTIVE Status
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

Listing courtesy of Morrison House Sotheby's Intl.

$285,000
1 Beds ⋅ 1 Baths ⋅ 2546666 MLS ⋅ PENDING Status
Opportunity knocks to own a spectacular piece of medium/high-bank waterfront, complete with tidelands and a beautiful beach below. This west-facing property offers front-row views of the Olympic Mountains and some of the most breathtaking sunsets you'll ever experience. The existing A-frame cabin is in poor condition and is being sold AS-IS, presenting the perfect opportunity to build your dream waterfront retreat. The current 1-bedroom septic system was last inspected in August 2024 with no issues. Much of the groundwork has already been completed, included a recorded survey, a geotechnical (GEO)report, and a design for a new 3-bedroom septic system. Please note that the septic design approval expired in August 2022 and will require a new application with the Health Department. Situated on a generous 0.44 acre (19,370 sq. ft.) lot, the property features a fence along the north boundary and a staircase leading to the beach below (staircase may require repairs). Bring your vision and create the waterfront home you've always dreamed of in this exceptional location on a private island with its own community ferry!

922 W Herron Boulevard NW, Lakebay

Listing courtesy of Better Properties Gig Harbor.

$915,000
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.

$1,475,000
3 Beds ⋅ 3 Baths ⋅ 2541724 MLS ⋅ SOLD Status
Private luxury custom retreat on 15 breathtaking acres designed with intention, craftsmanship & timeless beauty. Beyond the gated entry, dramatic open living spaces & expansive floor-to-ceiling windows capture peaceful surroundings while filling the home with natural light. Living areas flow seamlessly onto a covered patio overlooking lush landscaping & tranquil grounds. The chef’s kitchen with dual islands was thoughtfully designed for entertaining & everyday luxury. Striking soapstone wood-burning cook stove & elegant dual-sided gas fireplace create warmth & inviting gathering spaces. Stunning primary suite offers a beautifully appointed ensuite, serene views & patio access. Two guest bedrooms each feature private baths, creating comfort & privacy for guests or multigenerational living. With 4,012 sq ft of living space, two laundry rooms, 2,456 sq ft garage space for up to 8 vehicles with workshop potential & 753 sq ft unfinished space above garage with private entrance, for future expansion, this property offers exceptional flexibility. Trails, fruit trees, sprinkler system, outbuildings, equipment carport, wired for generator, Astound high-speed internet, 1,500-gallon water tank & private well with Variable Frequency Drive system producing 20 GPM add long-term value. Minutes to Gig Harbor, Hwy 16 & future Lakebay Marina redevelopment. Inspection report available upon request.

311 Cornwall Road NW, Lakebay

Listing courtesy of Morrison House Sotheby's Intl. Selling Office: John L. Scott Arlington.

$624,950
2 Beds ⋅ 3 Baths ⋅ 2541483 MLS ⋅ PENDING Status
Welcome to Lakebay, where life slows down and there's finally room to live the way you've always imagined. Set on 4.74 usable acres behind an expansive gated driveway, this charming country property offers the perfect balance of privacy, comfort, and opportunity. Surrounded by mature trees and beautiful afternoon views, the property invites you to embrace the outdoors. Enjoy summer evenings on the newer patio, pick cherries from your own tree, explore your land while winding through the scenic wooded portion of the property, or create the hobby farm you've always dreamed about. With ample open space, the land is well-suited for animals, gardens, recreational vehicles, outdoor hobbies, and so much more. Inside, the home offers a functional and comfortable layout that lives like a 3-bedroom home, with a spacious primary suite featuring an ensuite bath and walk-in closet. The inviting kitchen provides plenty of room to gather, while modern systems and thoughtful updates help make everyday living easy. A shared well serves the property, and multiple outbuildings provide valuable storage space for tools, equipment, recreational gear, or livestock supplies. Properties like this are becoming increasingly difficult to find. Offering nearly five acres of usable land, privacy, flexibility, and the peaceful lifestyle the Key Peninsula is known for, this is more than just a home. It's an opportunity to create the lifestyle you've been searching for.

308 Key Peninsula Highway NW, Lakebay

Listing courtesy of PropertiesNW of Gig Harbor Ltd.

$369,000
3 Beds ⋅ 2 Baths ⋅ 2539591 MLS ⋅ ACTIVE Status
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

Listing courtesy of Martin Real Estate Group.

$150,000
2538464 MLS ⋅ ACTIVE Status
Opportunity is knocking on this shy 5-acre parcel off Delano Road. Previously logged in 2020, the property has been subject to a 6-year building permit moratorium that is now nearing its end, creating a timely opportunity for buyers ready to plan ahead. Driveway freshly paved! The land offers privacy, seclusion, and usable space for future development, with a private gravel easement providing access. The neighboring shy 5-acre parcel is also available, offering the chance to purchase nearly 10 acres total. Enjoy nearby outdoor amenities including Penrose Point State Park and Lakebay Marina. Owner financing may be available with a large down payment. Bring your vision and start preparing for what this property can become.

4 Lot 9th Street SW, Lakebay

Listing courtesy of Paramount Real Estate Group.

$300,000
2538471 MLS ⋅ ACTIVE Status
Rare opportunity to purchase two neighboring shy 5-acre parcels together for a combined total of nearly 10 acres. Lots 2 and 4 are part of the same short plat and offer privacy, seclusion, and long-term development potential off Delano Road. Previously logged in 2020, the parcels have been subject to a 6-year building permit moratorium that is now nearing its end, creating a timely opportunity for buyers ready to plan ahead. A private gravel easement provides access to both lots, with usable land, natural surroundings, and room to create your vision. Enjoy nearby outdoor amenities including Penrose Point State Park and Lakebay Marina. Owner financing may be available with a large down payment.

24 156th Avenue SW, Lakebay

Listing courtesy of Paramount Real Estate Group.

$150,000
2538462 MLS ⋅ ACTIVE Status
Opportunity is knocking on this shy 5-acre parcel off Delano Road. Previously logged in 2020, the property has been subject to a 6-year building permit moratorium that is now nearing its end, creating a timely opportunity for buyers ready to plan ahead. Driveway freshly paved! The land offers privacy, seclusion, and usable space for future development, with a private gravel easement providing access. The neighboring shy 5-acre parcel is also available, offering the chance to purchase nearly 10 acres total. Enjoy nearby outdoor amenities including Penrose Point State Park and Lakebay Marina. Owner financing may be available with a large down payment. Bring your vision and start preparing for what this property can become.

2 Lot 156th Avenue SW, Lakebay

Listing courtesy of Paramount Real Estate Group.

$150,000
2535158 MLS ⋅ ACTIVE Status
"SERENITY AWAITS YOU' This practically level 4+ Acre lot provides many opportunities of exclusiveness. Partially cleared. Private Well and Power is on site. Close to Penrose State Park. Septic plan has been approved for 4 bedrooms. The 20 feet long X 8 feet wide X 9.5 feet high cube container on the property will convey with sale. Great for storage. Very short drive to Key IGA a local; independent grocery store serving as a primary community food market for offering everyday essentials.

1629 148th Avenue SW, Lakebay

Listing courtesy of John L. Scott Dupont.

$480,000
3 Beds ⋅ 2 Baths ⋅ 2535622 MLS ⋅ SOLD Status
Where Old Roots Meet New Beginnings - A Farmhouse Ready to Bloom Again. Tucked along a country road, this 1930 farmhouse sits on 3.5 sun-dappled acres. Once the historic Steiner Rhododendron Nursery, the property is draped in healthy mature rhododendrons that paint the landscape in season, a living legacy of what this land has always been: a place where things grow. The essentials are handled: well, septic, new roof, water heater, heaters, electrical panel, and partial siding update. Move in and finish the details to your liking, on your timeline. The floor plan shines - primary bedroom on the main with a full bath and private exterior door. Upstairs, two bedrooms, a 3/4 bath, and an attic hideaway full of potential. Positioned above the road with a sense of elevation, mature trees perfect for swings, and a forested hillside backdrop, the setting feels like a storybook. The wraparound driveway and yard need only minor love for great reward. Transform the front and back porch into a welcoming retreat. Three outbuildings, fenced areas, a modest orchard in the making, and room for animals and expanded gardens. Built for the hobby farmer, the homesteader, or anyone craving their own nature paradise amongst the trees. Minutes to many breathtaking parks for recreation such as Penrose State & Gateway Park, only five lots to South Puget Sound waters, golfing, & a reasonable commute to Gig Harbor. Highly acclaimed Peninsula School District. Come grow something here.

17816 Herron Road NW, Lakebay

Listing courtesy of eXp Realty. Selling Office: Keller Williams West Sound.

$424,500
2 Beds ⋅ 1 Baths ⋅ 2532521 MLS ⋅ PENDING Status
Welcome home to this charming Craftsman cottage nestled in the sought-after Palmer Lake community on the Key Peninsula. Thoughtfully designed for comfort & easy living, this inviting home features soaring 10-foot ceilings, a bright open-concept great room, & an abundance of natural light that enhances the home's warm & welcoming atmosphere. The beautifully appointed kitchen is sure to impress w/ quartz countertops, counter seating, stainless steel appliances (2025), & timeless white shaker cabinetry, making it equally suited for everyday living & entertaining. French doors open to a spacious, sun-filled deck creating a seamless indoor-outdoor living experience where you can entertain friends, dine al fresco, & unwind after a long day; make use of the separated covered BBQ space on any night of the year! Modern flooring flows throughout the home all the way to the bedrooms and shared bath. The oversized detached garage w/ high ceilings offers plenty of room for vehicles, gear, & extra storage. RV parking provides added convenience, & the yard offers a blank canvas to imprint your vision w/ space to garden, relax, & enjoy the outdoors year-round. At this community, you'll enjoy access to a stocked private lake w/ a fishing dock, parks, & a private beach! With Palmer Lake just a short walk away, this delightful property offers a wonderful blend of comfort, recreation, & the relaxed charm of Pacific Northwest living- This house is perfectly ready for a new loving owner.

2007 191st Avenue Ct SW, Lakebay

Listing courtesy of Better Properties N. Proctor.

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