308 Key Peninsula Highway NW, Lakebay, WA 98349 (MLS # 2541483)

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Listing provided courtesy of Northwest MLS; PropertiesNW of Gig Harbor Ltd

PRICE $650,000 dsIDX morgage calculator
BEDS 2
BATHS 2.5
HOME SIZE 1,768 sqft
LOT SIZE 4.74 ac

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.

LAST UPDATED 6/17/2026 TRACT Lakebay
YEAR BUILT 2017 COMMUNITY Lakebay
COUNTY Pierce STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Evergreen Elem
Jr. High School Key Peninsula Mid
High School Peninsula High


ADDITIONAL DETAILS
AIR Ductless
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Electric Water Heater, Microwave, Refrigerator, Water Heater
AREA 4 - Key Peninsula South
CONSTRUCTION Cement Siding
EXTERIOR Garden
GARAGE Attached Garage, Yes
HEAT Ductless , Electric, Wall Furnace
INTERIOR Water Heater
LOT 4.74 acre(s)
LOT DESCRIPTION Wooded
MLS STATUS Active
PARKING Driveway, Attached, RV Access/Parking
SEWER Septic Tank
STORIES 2
STYLE 12 - 2 Story
SUBDIVISION Lakebay
TAXES 5408.3
VIEW Yes
VIEW DESCRIPTION Territorial
WATER Shared Well
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 308 KEY PENINSULA HIGHWAY NW
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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/21/26 8:27 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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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