Skip to content
JRJeff ReynoldsCompass · Seattle

Listed by Angie Niethamer, KW North Sound

2
Bedrooms
2
Bathrooms
1,032
Square feet
$363
Per sq ft
Single Family Residence
Type
1920
Year built
98,881 sq ft
Lot
144
Days on market

About this property

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.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2461648
Listed
February 19, 2026
Days on market
144
Price per sq ft
$363
Original list price
$399,950

Unit & building

Unit levels
One

Parking

Parking
Attached GarageOff StreetRV Parking
Covered spaces
1

Construction

Year built
1920
Style
10 - 1 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Wall Furnace
Cooling
None
Energy source
Electric

Interior features

Features
Dbl Pane/Storm WindowWater Heater

Flooring

Flooring
LaminateVinylCarpet

Lot

Lot features
Paved
Lot size
98,881 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Individual Well
Sewer
Septic Tank
Power
Peninsula Light

Schools

District
Peninsula
Elementary
Evergreen Elem
Middle
Key Peninsula Mid
High
Peninsula High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • One
  • Attached Garage
  • Off Street
  • RV Parking
  • House
  • Composition
  • Wall Furnace
  • None
  • Electric
  • Dbl Pane/Storm Window
  • Water Heater
  • Laminate

Listing history

  1. Listed

    $399,950

    February 19, 2026

  2. Current price

    $374,950

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$2,183

Principal & interest
$1,896
Property tax (est.)
$287

Assumes $74,990 down (20%), a $299,960 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:15 PM PDT. 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.