5227 Key Peninsula Highway NW Lakebay, WA $ 995,000
5227 Key Peninsula Highway NW
$ 995,000
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5227 Key Peninsula Highway NW

Lakebay, WA, 98349
$ 995,000
Bedrooms4 Baths2.1 Sq 3,039

Monthly Estimate*

$ 6,208

Listed by COMPASS
5227 Key Peninsula Highway NW, Lakebay, WA 98349 - Image 1
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Single Family Home for sale in Lakebay, WA

for $995,000 with 4 bedrooms and 2 full baths, 1 half bath. This 3,039 square foot home was built in 2006 on a lot size of 9.1.

Nestled in a tranquil country setting, this gorgeous 9-acre retreat offers peaceful living just minutes from Key Center! This charming one story home boasts vaulted ceilings that bring in beautiful natural light. Enjoy fresh fruit from your orchard and stroll the meandering trails throughout the property. Your animals can stretch out in the barn with two oversized stalls, complete with a fully insulated and heated tack room. A 30x36 ft shop is ideal for the car enthusiast or has ample room to store all your recreational toys. Work from home in your detached bonus space or use as playroom. Perfect for a hobby farm or bring the dirt bikes and quads. Set far back from the highway, you can relish the seclusion of your personal sanctuary.

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Single Family Contingent

Price

$ 995,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 7,575

Style

Traditional

Lot Size

9.1

Year Built

2006

Town/City

Lakebay

County/Region

Pierce

MLS | Web ID

2421576

Features
General
Living Area 3039
Sewer Septic Tank
Heating Forced Air Heat Pump High Efficiency (Unspecified) Stove/Free Standing
Cooling Forced Air Heat Pump
Possession Closing
Roof Composition
Appliances Dishwasher(s) Dryer(s) Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
HOA Fee 0
Garage Spaces 2
Architectural Style Traditional
Security Features Partially Fenced Security Gate
Year Built 2006
View Territorial
Topography Equestrian Level
Levels One
Property Subtype Single Family Residence
Tax Year 2025
County Pierce
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Lakebay
Garage Y/N Y
Full Baths 2
Special Listing Conditions None
Status Contingent
Directions From HWY 16 take SR 302 NW to Key Peninsula HWY NW. Driveway is on left house is down the gravel road approximately 1 000 ft off Key Peninsula HWY.
High School Peninsula High
City Lakebay
Entry Location Main
Senior Community Y/N N
High School District Peninsula
MLS Area 9 - Key Peninsula North
Lot Size Units Square Feet
Lot Size Square Feet 396396
Carport Y/N N
Listing Terms Cash Out Conventional
Elementary School Evergreen Elem
Land Lease Y/N N
Tax Annual Amount 7575
Middle/Junior High School Key Peninsula Mid
Property Condition Good
Public Remarks Nestled in a tranquil country setting this gorgeous 9-acre retreat offers peaceful living just minutes from Key Center! This charming one story home boasts vaulted ceilings that bring in beautiful na
Virtual Tour https://my.matterport.com/show/?m=QtkutYo3r7X&mls=1
Structure Type House
Building Area Units Square Feet
Standard Status Active Under Contract
Water Company private well
Property Style 10 - 1 Story
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Interior
Interior Amenities Bath Off Primary Dining Room Fireplace Hot Tub/Spa Jetted Tub Skylight(s) Vaulted Ceiling(s) Walk-In Closet(s) Water Heater Wired for Generator
Basement None
Flooring Bamboo/Cork Ceramic Tile
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 1
3/4 Baths 0
Total Bedrooms 4
Main Level Bedrooms 4
Total Baths 3
Bedrooms Possible 4
Water Heater Type electric
Water Heater Location Rec Room
Fireplaces Main 1
Power Production Type Electric Wood
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 1
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 2
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 2.5
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Exterior
Exterior Amenities Cement/Concrete
Vegetation Brush Fruit Trees Garden Space Pasture Wooded
Parking Features Driveway Detached Garage RV Parking
Lot Features Secluded
Water Source Individual Well Private
Total Parking 2
Inclusions Dishwasher(s) Dryer(s) Leased Equipment Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Foundation Details Poured Concrete
Spa Y
Building Area Total 3039
Lot Size Acres 9.1
Waterfront Y/N N
Covered Spaces 2
Irrigation Water Rights Y/N N
Site Features Arena-Outdoor Barn Fenced-Partially Gated Entry Hot Tub/Spa Outbuildings Patio RV Parking Shop
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Internal Only
OriginalMLSID NWM2421576
Street Number 1 5227
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* Excluded Features
List By
Amber Eaden

Listing Agent

Compass

Broker

Affordability Calculator

$6,839
Per Month
91%
9%
0%
Monthly Principal & Interest
$6,208
Monthly Property Taxes
$631
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256816 Elementary School
257425 Middle School
Peninsula High High School
Pricing History
DatePricePrice ChangeDescription
8/15/2025$995,000 Listed Price

Map


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5227 Key Peninsula Highway NW, Lakebay, WA, 98349 is a Single Family Home for sale at $995,000 with 3,039 sqft and a lot size of 9.1. 5227 Key Peninsula Highway NW has 4 bedrooms, 2.1 baths, and was built in 2006. The property's zip code is 98349 which is in Lakebay, WA