1916 Key Peninsula Highway NW Lakebay, WA $ 415,000
1916 Key Peninsula Highway NW
$ 415,000
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1916 Key Peninsula Highway NW

Lakebay, WA, 98349
$ 415,000
Bedrooms2 Baths2.0 Sq 1,248

Monthly Estimate*

$ 2,589

Listed by Paramount Real Estate Group
1916 Key Peninsula Highway NW, Lakebay, WA 98349 - Image 1
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Single Family Home for sale in Lakebay, WA

for $415,000 with 2 bedrooms and 2 full baths. This 1,248 square foot home was built in 1976 on a lot size of 3.86.

A rare opportunity to own 2 unique parcels offering acreage living & waterfront recreation! Home on acreage w/ garage along w/ a separate 50' waterfront/tideland parcel for recreational use a few blocks away. All just 30 min from Gig Harbor. Brand new septic, upgraded well, metal roof & heat pump. Property has full RV hookups, fruit trees, space to garden, a year round stream and pond. Remnants of the original homestead & poultry shed still remains just waiting to be revived. Enjoy summer days on the sandy beach & watch for passing Orcas in Carr Inlet. Whether you’re searching for a legacy property, a multi-parcel investment, future expansion, or a place play, & gather for generations-this one is a must-see. Financing available!

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Single Family Active

Price

$ 415,000

Bedrooms

2

Full Bath

2

Property Type

Single Family

Taxes

$ 2,996

Style

Manuf-Double Wide

Lot Size

3.86

Year Built

1976

Town/City

Lakebay

County/Region

Pierce

MLS | Web ID

2452968

Features
General
Living Area 1248
Sewer Septic Tank
Heating Heat Pump
Cooling Heat Pump
Possession Closing
Roof Metal
Appliances Dryer(s) Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
HOA Fee 0
Garage Spaces 2
Year Built 1976
View Bay Mountain(s) Sound Territorial
Topography Level Partial Slope Steep Slope
Levels One
Property Subtype Manufactured On Land
Tax Year 2025
Waterfront Features Low Bank Bayfront Bulkhead Saltwater
County Pierce
New Construction N
Property Type Residential
HOA N
Attached Garage N
Subdivision Name Home
Garage Y/N Y
Full Baths 2
Special Listing Conditions None
Status Active
Directions Home on acreage: South on Key Peninsula Hwy to property on right. Waterfront: South on Key Peninsula Hwy left on A St property just beyond public launch look for for sale sign.
High School Peninsula High
City Lakebay
Entry Location Main
Senior Community Y/N N
High School District Peninsula
MLS Area 4 - Key Peninsula South
Lot Size Units Square Feet
Lot Size Square Feet 168142
Carport Y/N N
Listing Terms Cash Out See Remarks
Elementary School Evergreen Elem
Land Lease Y/N N
Tax Annual Amount 2996
Body Type Double Wide
Middle/Junior High School Key Peninsula Mid
Public Remarks A rare opportunity to own 2 unique parcels offering acreage living & waterfront recreation! Home on acreage w/ garage along w/ a separate 50' waterfront/tideland parcel for recreational use a few blo
Structure Type Manufactured House
Building Area Units Square Feet
Standard Status Active
Property Style 21 - Manuf-Double Wide
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Interior
Interior Amenities Bath Off Primary Double Pane/Storm Window Dining Room Fireplace Wired for Generator
Basement None
Flooring Laminate Vinyl Carpet
Total Fireplaces 1
Fireplace Features Gas
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
3/4 Baths 0
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 2
Bedrooms Possible 2
Fireplaces Main 1
Power Production Type Electric Propane 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 0
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
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Exterior
Exterior Amenities Metal/Vinyl
Vegetation Brush Fruit Trees Garden Space Wooded
Parking Features Driveway Detached Garage Off Street RV Parking
Lot Features Open Space Paved Value In Land
Water Source Individual Well
Total Parking 2
Inclusions Dryer(s) Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Building Area Total 1248
Lot Size Acres 3.86
Waterfront Y/N Y
Covered Spaces 2
Irrigation Water Rights Y/N N
Waterfront Footage 50
Site Features Deck High Speed Internet Outbuildings RV Parking
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Internal Only
OriginalMLSID NWM2452968
Street Number 1 1916
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* Excluded Features
List By
Angelyna Welch

Listing Agent

Paramount Real Estate Group

Broker

Affordability Calculator

$2,839
Per Month
91%
9%
0%
Monthly Principal & Interest
$2,589
Monthly Property Taxes
$250
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
12/3/2025$415,000 -2.35% Price Down
11/6/2025$425,000 Listed Price

Map


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1916 Key Peninsula Highway NW, Lakebay, WA, 98349 is a Single Family Home for sale at $415,000 with 1,248 sqft and a lot size of 3.86. 1916 Key Peninsula Highway NW has 2 bedrooms, 2.0 baths, and was built in 1976. The property's zip code is 98349 which is in Lakebay, WA