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$375,000
2 Beds 2 Baths 2520753 MLS ACTIVE Status
Affordable One Level Home on Acreage! Situated just 30 minutes from the creature comforts of Gig Harbor on the beautiful Key Peninsula, this nearly 4-acre spread near the tiny town of Home is full of potential. Bring your vision goggles and make it yours. The heavy lifting has already been done: you’ve got a brand-new septic system, an upgraded well, a metal roof, and a heat pump to keep things cozy. Whether you choose to remodel the existing home or utilize the previous 2-bedroom build approval to create something new, you’ll be surrounded by a year-round stream, a private pond, and fruit trees. For the "Bring Your Vision" enthusiast, the remnants of the original homestead and poultry shed are waiting for a creative revival. This property works as hard as you do with 2 driveways and five outbuildings—including a 480sf detached garage, and full RV hookups for your "consultants" (or adventurous guests). A laurel hedge is growing to provide privacy from the road. Whether you’re looking to flip, expand, or establish a multi-generational estate, the infrastructure is in place and the potential is limitless. Bring your plans—Home is calling! FINANCING AVAILABLE, INQUIRE WITH A REAL ESTATE PROFESSIONAL TO SEE REMARKS.

1916 Key Peninsula Highway NW, Lakebay

Listing courtesy of Martin Real Estate Group.

$349,900
3 Beds 2 Baths 2519168 MLS ACTIVE Status
Welcome to your fully reimagined Herron Island retreat. Thoughtfully remodeled from top to bottom, this stunning 3-bedroom, 2-bath home offers 1,056 sq ft of stylish and functional living space in one of the Pacific Northwest’s most unique private island communities. Nearly every surface has been updated, creating a fresh, move-in-ready home that perfectly blends modern comfort with laid-back island charm. The open-concept layout is filled with natural light and designed for easy everyday living or weekend escapes. Updated finishes throughout give the home a clean, modern feel, while the spacious lot offers privacy, tranquility, and room to enjoy the outdoors. Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this home offers the perfect balance of comfort and island living. Located on private ferry-access Herron Island, residents enjoy access to community beaches, parks, trails, seasonal docks, and a boat launch—all surrounded by the natural beauty of the Puget Sound. A rare opportunity to own a turnkey island home where everything has already been done for you. Seller will provide a 12-month home warranty with an acceptable offer for added peace of mind. Be sure to ask about potential seller-paid closing cost assistance!

22504 Maple Drive NW, Lakebay

Listing courtesy of Better Properties Gig Harbor.

$499,900
2 Beds 1 Baths 2516613 MLS ACTIVE Status
Experience the best of Pacific Northwest waterfront living from this beautifully updated west-facing cabin, where spectacular sunsets and tranquil water views set the stage for everyday living. This rare property is one of only a handful on Herron Island offering both a private lagoon & tidelands—an exceptional opportunity to own a unique piece of waterfront. Inside, the light-filled 2-bedroom, 1-bath home features vaulted ceilings, skylights, & a wall of windows that showcase the ever-changing waterfront scenery. The open-concept living & dining areas flow effortlessly onto the deck, creating the perfect setting for entertaining or simply relaxing while watching the sun dip behind the Olympic Mountains. A charming petite A-frame trailer adds flexible living space, making an ideal guest retreat, art studio, home office, or cozy getaway. Extensive upgrades provide lasting value & peace of mind, including new metal roofs on all structures, resurfaced & refreshed decking, exterior paint, cable railing, & selective tree clearing. Inside, you'll appreciate updated appliances, tasteful bathroom improvements, replaced windows, & custom sun blinds. Additional features include a loft for extra storage, approx. 240 sq. ft. of storage beneath the deck, & a separate laundry room. Whether you're searching for a full-time residence, a peaceful weekend escape, or a memorable waterfront this exceptional property delivers comfort & an unparalleled island lifestyle—all at an incredible value!

108 Herron Lane NW, Lakebay

Listing courtesy of Better Properties Gig Harbor.

$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.

$229,000
2494351 MLS ACTIVE Status
Discover the opportunity to own 12.83 acres of private wooded land, in the peaceful waterfront community of Lakebay, on the scenic Key Peninsula. Tucked away in a tranquil setting, this expansive parcel offers TWO BUILDING SITES, creating the flexibility to design a private estate, multi-generational retreat, or a primary residence with a guest home. Towering evergreens, natural forested surroundings, and abundant wildlife also make it the perfect camping site; surrounded by the privacy and serenity you have been looking for. Life in Lakebay is defined by its relaxed coastal charm, where days are spent exploring nearby shorelines, kayaking or boating along Carr Inlet, visiting local parks, and enjoying a slower pace. Residents appreciate the strong sense of community and easy access to recreation while still being within reach of the shopping, dining, and marinas of Gig Harbor and the amenities of Tacoma and Gig Harbor. Whether you’re looking to build now or invest for the future, this rare acreage offers the chance to own something truly special in one of the peninsula’s most peaceful and naturally beautiful settings.

Cornwall Road NW, Lakebay

Listing courtesy of Coldwell Banker Bain.

$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.

$319,000
2 Beds 2 Baths 2492798 MLS ACTIVE Status
Slow down, you’ve made it to Herron Island — a private island community where life moves to the rhythm of the water, and the ferry ride on the Charlie Wells becomes part of your daily unwind. This single-level cabin, just shy of 1,500 square feet, offers easy, comfortable living with 2 bedrooms and 2 baths. The primary suite is spacious and filled with natural light, complete with its own ensuite bath (including washer/dryer plus walk-in closet. The second bedroom is generously sized for guests, hobbies, or quiet retreat. The heart of the home is the open living area that flows into the kitchen and dining space — perfect for slow mornings with coffee or relaxed evenings after a day on the beach. A small office nook makes working remotely feel a little less like work. Upstairs, a loft storage area keeps things practical, while the enclosed porch (not included in the square footage) invites you to linger a little longer with a book or a glass of wine. Set on a level 0.61-acre lot, there’s room to dream — a future garage, workshop, garden, or simply wide-open space to enjoy the privacy and peace that island living brings. The cabin could use some updating, but it’s completely livable as-is — giving you the chance to settle in first and make it your own over time. If you’ve been craving a place where weekends stretch longer and the mainland feels a world away, this might be it. Enjoy community features such as the beaches, trails, boat launch, seasonal boat docks & more!!

402 E Madrona Boulevard NW, Lakebay

Listing courtesy of Better Properties Gig Harbor.

$389,900
2 Beds 1 Baths 2489445 MLS ACTIVE Status
Perched above 60 feet of east-facing waterfront, including tidelands, this inviting island cabin offers the kind of peaceful escape that feels worlds away from the city — yet close enough for an easy weekend retreat. From its medium-bank setting, enjoy sweeping water views and breathtaking sunrises that greet you each morning in soft coastal light. Inside, the open living, dining, and kitchen area creates a relaxed gathering space — ideal for slow mornings, shared meals, and reconnecting without distractions. A ¾ bath and laundry are conveniently located on the main floor. Upstairs, two cozy bedrooms provide restful retreats, with the larger bedroom opening onto a covered deck — a quiet perch for morning coffee and the gentle rhythm of island life. The expansive wooden deck invites long, unhurried afternoons and easy evenings outdoors. The level 0.41-acre lot offers space to garden, play, or simply breathe a little deeper and enjoy the privacy. Whether you're looking for a weekend getaway from the city or a simpler full-time lifestyle, this cabin delivers water views, coastal charm, and that unmistakable sense of calm that only island living provides. A covered trailer is included at no cost to the buyer for overflow guests (or can be removed if preferred) and the 20’ x 18’ powered metal shop adds flexibility for storage, hobbies, or all your island gear.Wake with the sun, slow your pace, stay awhile! Community features: boat ramp, seasonal boat docks plus so much more!

711 E Herron Boulevard NW, Lakebay

Listing courtesy of Better Properties Gig Harbor.

$374,950
2 Beds 2 Baths 2461648 MLS ACTIVE Status
Rare 2.27-acre Lakebay property with strong potential and breath taking views! Property includes an unfinished home with approximately 1,032 sq ft of interior space plus 2 bedrooms and 2 baths with expansive acreage to create a custom home site, shop, ADU, or multi-use space. Located in a quiet rural setting with fully fenced grounds, this parcel offers RV parking, outbuildings, abundant room for toys, livestock, or future improvements, and privacy while still being just minutes from community amenities and Puget Sound access. Interior is unfinished — bring your contractor and transform this space into a one-of-a-kind Lakebay retreat or investment flip. With utilities in place including individual well and septic, there’s tremendous upside for the right buyer. Property Highlights: • Approx. 1,032 sq ft interior space • 2 beds, 2 baths (buyer to verify) • 2.27 acres of usable land (2 Parcels) • Fully fenced — great for pets, pasture, gardening • Outbuildings & storage, plus generous parking and room for shop, ADU, or detached garage • Individual well & septic present • Sold as-is — perfect for investors or buyers seeking a renovation project. This offering presents a significant opportunity to add value through finishing, creative redesign, or expansion in one of Pierce County’s peaceful and scenic rural pockets. Buyer to verify all measurements, zoning, permits, and intended use.

16602 - 16608 Delano Road, Lakebay

Listing courtesy of KW North Sound.

$529,000
3 Beds 3 Baths 2466227 MLS ACTIVE Status
Private Island living just 90 mins from Seattle and 30 min to Tacoma! Creative financing available! Herron Island, everyday life is a calm retreat. This spacious 3 story home sits on a rare triple lot with water views in two directions, abundant parking, two driveways, room to garden, gather, or simply enjoy the peaceful setting. Offering approx 2,860SF the one owner home features 3 beds, 3 baths, open concept living, dining and kitchen, plus expansive wraparound second story deck w waterproof flooring designed to take in the natural surroundings. A second ground level deck adds more outdoor living space. The oversized 20'/41' garage offers workshop space, hot/cold running water, and potential for future expansion, unfinished lower level provides room to expand or customize to your needs, while usable attic space and locking exterior storage add convenience. The home also includes a standby generator and ADT security system for added peace of mind. Herron Island's private ferry access community offers a truly unique lifestyle with beaches, parks, kayak access, boat launch, pickle ball, community garden, and seasonal gatherings. Wildlife is part of daily life, with deer wandering the island and eagles overhead. This is a rare opportunity to own in one of Washington's most distinctive island communities, known for its tranquility, welcoming atmosphere, and vacation home appeal. Island life is a dream afforded to few, this is your opportunity to turn the dream into a reality!

22415 S Herron Boulevard NW, Lakebay

Listing courtesy of Real Broker LLC.

$130,000
2428542 MLS ACTIVE Status
Let’s get the important question out of the way: Have you always wanted a tree fort? Because this is 2.5 acres of wooded privacy with a tiny home on stilts, and we’re pretty sure that’s just a socially acceptable way of saying “tree fort for adults.” Power is already on site, making weekend escapes, summer hideaways, and spontaneous campfire nights remarkably easy. A well and septic would be needed for permanent residency, but for now you’ve got everything required for s’mores, stargazing, and disappearing into the woods for a while. The local wildlife handles most of the neighborhood activity, there’s no HOA to keep track of, and the peace and quiet are included at no extra charge. Honestly, we’ve seen worse summer plans.

623 208th Avenue NW, Lakebay

Listing courtesy of Keller Williams West Sound.

$49,000
2424826 MLS ACTIVE Status
Welcome to your dream PNW location on a private island with its own community ferry! This beautiful 0.37 acre (16,000 sq. ft.) property is the perfect place to build your dream home, or set up a luxury camping site to getaway! Measuring 80' x 200' this lot has water (sourced from community well) plus electricity & a septic drain field (installed in 2009). The lot backs onto community owned land. The lots on either side (each the same size at 0.37 acre) are for sale (906 & 910 East Madrona Blvd). This island community offers seasonal boat docks, boat launch, community beaches (x 2), parks & trails. Enjoy the peace, tranquility & beauty of Herron Island & all that it has to offer!

908 E Madrona Boulevard NW, Lakebay

Listing courtesy of Better Properties Gig Harbor.

$199,000
2287787 MLS ACTIVE Status
Every so often, a truly special property comes along, and Herron Hill is one of those rare opportunities. Tucked away at the end of a quiet dead-end road on the Key Peninsula, this beautiful five-acre parcel offers the privacy, tranquility, and natural beauty that make country living so appealing. A partially cleared homesite near the top of the property is ready for your vision and may offer Olympic Mountain views with selective clearing. Mature trees provide a peaceful setting, along with the potential for marketable timber, and the property has already been surveyed with corners clearly marked. Whether you've been dreaming of building your forever home or simply owning a private retreat, this property offers an exceptional place to start. Seller financing may be available, creating a unique opportunity for buyers who have always wanted to own land but are looking for greater flexibility than traditional financing may offer. Just a short drive to Gig Harbor, Highway 16, parks, and waterfront recreation, this is your chance to create something truly special.

1415 208th Avenue SW, Lakebay

Listing courtesy of RE/MAX Exclusive.

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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