Skip to content
JRJeff ReynoldsCompass · Seattle

Listed by Randi Walker, Keller Williams West Sound

2
Bedrooms
2
Bathrooms
1,970
Square feet
$241
Per sq ft
Single Family Residence
Type
1995
Year built
17,625 sq ft
Lot
59
Days on market

About this property

Rare opportunity in the sought-after Palmer Lake community in Lakebay! This versatile property features a charming 2 bedroom, 1.5 bath main home with attached 1-car garage PLUS a detached 2-car garage with a spacious apartment above offering 1 bedroom, office space, and a full kitchen and bath. Ideal for multi-generational living, guests, hobbies, or potential rental income. Situated on a corner lot with a peek-a-boo lake view, this property offers the perfect blend of flexibility, functionality, and Pacific Northwest charm. Enjoy a newer roof, ample parking and storage, and access to incredible community amenities including Palmer Lake beach access, docks, parks, trails and more.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2520798
Listed
May 14, 2026
Days on market
59
Price per sq ft
$241
Original list price
$490,000

Unit & building

Unit levels
One

Homeowners association

HOA dues
$230 annually

Parking

Parking
Attached GarageDetached Garage
Covered spaces
4
Total spaces
4

Views

View
LakePartial

Construction

Year built
1995
Style
10 - 1 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced AirHeat Pump
Cooling
None
Energy source
ElectricPropane

Interior features

Features
Second Primary BedroomDbl Pane/Storm WindowDining RoomFireplaceSkylight(s)Vaulted Ceiling(s)Water Heater
Fireplaces
1

Flooring

Flooring
LaminateVinylCarpet

Appliances

Appliances
Tankless Water Heater

Community & building features

Features
Boat LaunchCCRs

Lot

Lot features
Corner LotPaved
Lot size
17,625 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
WA Water Service Co.
Sewer
Septic
Power
Peninsula Light Co.

Schools

District
Peninsula

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
  • Detached Garage
  • Lake
  • Partial
  • House
  • Composition
  • Forced Air
  • Heat Pump
  • None
  • Electric
  • Propane

Listing history

  1. Listed

    $490,000

    May 14, 2026

  2. Current price

    $475,000

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

$2,785

Principal & interest
$2,402
Property tax (est.)
$364
HOA dues
$19

Assumes $95,000 down (20%), a $380,000 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.