Lakebay Real Estate

Welcome to Lakebay, a hidden gem nestled in the picturesque landscape of Pierce County, Washington. This charming community is located along the scenic shores of the magnificent Puget Sound, offering residents and visitors alike a tranquil retreat surrounded by nature’s beauty. With its lush greenery, sparkling waters, and stunning mountain views, Lakebay is the perfect place to unwind and connect with the great outdoors.

Lakebay is known for its close-knit community, where neighbors become friends and local events foster a sense of belonging. The area boasts a variety of recreational opportunities, from kayaking and paddleboarding on the calm waters to hiking along the numerous trails that wind through the nearby parks. For those who appreciate fishing, the region is abundant with opportunities to catch a variety of fish, making it a haven for anglers.

The local economy is bolstered by small businesses, artisan shops, and family-owned restaurants that showcase the region’s culinary delights. Residents enjoy a slower pace of life, with farmers’ markets and community gatherings that celebrate the unique culture of Lakebay.

Education is a priority in Lakebay, with access to quality schools and educational programs that nurture the next generation. The area is also conveniently located, providing easy access to larger cities like Tacoma and Seattle, where residents can enjoy urban amenities while returning to the peaceful embrace of Lakebay.

Whether you’re looking for a serene place to call home or a weekend getaway destination, Lakebay offers a perfect blend of natural beauty, community spirit, and endless opportunities for adventure. Come discover all that this enchanting corner of Washington has to offer!

Newest Listings in Lakebay

$599,950

3 Beds ⋅ 2 Baths ⋅ 2561905 MLS ⋅ ACTIVE Status

Beautifully remodeled 3 bedroom, den, 2 bath home with a bright open floor plan, brand-new kitchen, and new flooring throughout. Enjoy peace of mind with a newer roof and endless possibilities on an oversized 87,120 sq ft lot. Complete with two huge detached garages—perfect for storage, hobbies, or workspace!

11 Webb Road SW, Lakebay

Listing courtesy of Dove Realty, Inc..

$77,500

2556800 MLS ⋅ ACTIVE Status

Build your dream home in the desirable Palmer Lake community! This ready-to-build 9,271 sq. ft. lot offers public water already on the property, power available at the street, and an approved 3-bedroom septic design—saving you valuable time and expense. This property is ready for your custom home, manufactured home or future investment. As a property owner, you'll enjoy private community access to beautiful Palmer Lake, featuring a boat launch, recreational area, and playground for year-round outdoor fun. Located in the heart of the scenic Key Peninsula, you'll be surrounded by the best of the Pacific Northwest with nearby lakes, parks, hiking trails, boat launches, and Puget Sound recreation. Just minutes from Key Center for shopping, dining, and everyday conveniences, with an easy drive to Gig Harbor and Tacoma. Whether you're ready to build now or invest for the future, this is an exceptional opportunity to own a build-ready lot in a welcoming lakeside community.

19421 24th Street SW, Lakebay

Listing courtesy of Gateway Real Estate.

$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..

$250,000

2557345 MLS ⋅ ACTIVE Status

Discover the perfect setting for your dream home on this beautiful 9.08-acre level parcel, thoughtfully prepared and ready for your vision. The property features a 350 ft private well with electricity, an installed electrical meter, an RV hookup, a large gravel driveway, and an approved septic design valid through August 2027, making it easy to begin planning your build. Multiple groves of majestic cedar trees and stately maple trees create a picturesque landscape that offers both beauty and privacy, while the exceptional soil—featuring more than 5" of loamy sand—provides excellent drainage and versatility. Conveniently located just minutes from Joemma Beach and Penrose Point State Parks, you'll enjoy easy access to hiking, boating, and outdoor recreation. County-maintained 38th Street SW is a paved road providing convenient access to the property. This is a rare opportunity to own a nearly build-ready acreage that combines natural beauty, modern conveniences, and an outstanding location.

3853 146th Avenue SW, Lakebay

Listing courtesy of Redfin.

$1,498,000

3 Beds ⋅ 2 Baths ⋅ 2559099 MLS ⋅ ACTIVE Status

Welcome to your ultimate Pacific Northwest sanctuary. Nestled on 2.5 pristine, ultra-private acres, this exceptional estate offers a rare park-like setting where the grounds meet the tranquil shores of the Key Peninsula. From the moment you arrive, you are enveloped in complete serenity. The home is thoughtfully designed to showcase breathtaking, water views from almost every room, seamlessly blending indoor comfort with the majestic natural beauty outside. Inside, you'll find great functionality with custom, built-in storage solutions seamlessly integrated throughout the entire home. The crown jewel of this property is the remarkable rare, highly coveted true no-bank waterfront. Complete with deeded tideland rights, your backyard is a private playground for beachcombing, crabbing, and clamming. Listen to the sounds of eagles and the barking of seals. Accessing the shoreline is easy, thanks to a newly engineered bulkhead and a brand-new, set of private stairs leading directly to the beach. Beyond the main residence, the sprawling acreage features a giant detached shop. This large outbuilding is a hobbyist’s dream, offering limitless potential for a workshop, boat and RV parking, or a creative studio. Whether you are looking for a full-time coastal residence or a weekend getaway, this property is a rare legacy retreat that perfectly balances seclusion with immediate beach access--only 20 minutes from Gig Harbor shopping and dining. Come experience a true waterfront retreat!

16409 Hoff Road NW, Lakebay

Listing courtesy of Windermere Real Estate/HLC.

$65,000

2546506 MLS ⋅ ACTIVE Status

Priced to Sell parcel for sale in a semi-developed plot of single-family homes. Secluded and ready for you to plan your dream home in rural Pierce County on the peninsula. Embrace the peace and serenity of Pacific Northwest living with this fantastic, well-priced parcel located near the highly sought-after Palmer Lake community! Nestled in a quiet, semi-developed neighborhood of single-family homes in rural Pierce County, this secluded lot is a blank canvas ready for you to plan your dream home or next investment. Situated in the heart of the beautiful Key Peninsula near the quaint town of Home, you will enjoy the tranquility of rural living while still being just a short drive from local shops, restaurants, and the stunning waters of Joemma Beach State Park. With direct paved road access and an established neighborhood feel, this is an incredible opportunity to secure your own peaceful slice of the peninsula!

2218 194th Avenue SW, Lakebay

Listing courtesy of eXp Realty.

$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.

$459,000

3 Beds ⋅ 3 Baths ⋅ 2551486 MLS ⋅ ACTIVE Status

Better than new, this beautifully upgraded 2019 home offers stylish, move-in-ready living in the sought-after Palmer Lake community on the scenic Key Peninsula. A welcoming covered front porch provides year-round protection from the elements, while thoughtful upgrades throughout set this home apart. Upstairs, newly installed bamboo flooring flows seamlessly through the bright living room, dining area and spacious primary bedroom. The designer kitchen features quartz countertops, a large island and stainless steel appliances and opens to a private back deck, perfect for morning coffee, entertaining or simply relaxing in a peaceful setting. Enjoy the efficiency of premium triple-pane windows that add additional insulation against noise and temperature fluctuations. Modern bathrooms feature quartz counters and luxury vinyl flooring. The versatile lower level offers a spacious family room, third bedroom, 3/4 bath and laundry area, creating an ideal guest suite, home office or multi-generational living space. The fully fenced backyard with two gates offers privacy and room to create your own outdoor retreat. Enjoy Palmer Lake community amenities including a private stocked lake, beach, fishing dock, parks and recreation, all just minutes from the natural beauty of Joemma Beach State Park. Why wait for new construction when this thoughtfully upgraded home is ready to enjoy today?

2114 191st Avenue SW, Lakebay

Listing courtesy of eXp Realty.

$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..

$625,000

3 Beds ⋅ 3 Baths ⋅ 2552977 MLS ⋅ ACTIVE Status

Get ready to fall in love! Exceptional opportunity in Lakebay is available now and promises to check every box for your lifestyle. Whether it's total privacy, homesteading, work-from-home, homeschooling, multigenerational living, or garage space. It can happen here. Well-maintained 2,537 SQFT main home welcomes you with an idyllic front porch. Inside features a spacious primary suite w/double doors, walk-in closet & full bath. 2 additional bedrooms + bonus room (w/closet) offers more possibilities—home office/playroom/schooling hub/walk-in pantry/gaming retreat or whatever you need! The expansive living room w/grand windows and soaring ceilings that create multiple inviting zones for entertainment and connection. The cozy family room features an elongated fireplace and is currently set up as a billiards area. All of this sits on nearly 5 private acres nestled among majestic trees, offering peace and room to roam. An approved ADU location is fully prepped with its own septic, power, and water—ready for your custom build, manufactured home, or guest suite while maintaining complete privacy between homes. There's still plenty of land left for a massive garage, chicken coops, garden sheds, greenhouses, and other outbuildings to fuel your self-sufficient dreams. Conveniently located just 30 minutes from Allyn, Belfair, and Gig Harbor, and only 10 minutes from Joemma Beach State Park and Penrose Point State Park. Don't miss your chance to own this rare Key Peninsula gem!

1208 205th Avenue Ct SW, Lakebay

Listing courtesy of Paramount Real Estate Group.

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