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JRJeff ReynoldsCompass · Seattle

Listed by Julia Runyan, RE/MAX Exclusive

Land
Type
54,014 sq ft
Lot
48
Days on market

About this property

Beautiful level and nicely treed parcel located in a peaceful gated enclave near Joemma Beach State Park in desirable Lakebay on the Key Peninsula. This private setting offers a rare opportunity to build your dream home or peaceful getaway surrounded by the natural beauty the Pacific Northwest is known for. Water and power are already on site, and the septic design is currently in renewal, creating an exceptional head start for future development. Tucked within a small private enclave with only two other homes nearby, the property offers a sense of privacy, tranquility, and connection to nature. Enjoy all that the Key Peninsula lifestyle has to offer with nearby Joemma Beach and Penrose Point State Park, local farms, seasonal farm stands, agritourism, hiking, boating, kayaking, fishing, and endless outdoor recreation. The area is known for its welcoming community atmosphere, beautiful shoreline, towering evergreens, and highly regarded Peninsula School District. Whether you envision a full-time residence or weekend retreat, this beautiful property provides the perfect canvas to create something truly special in one of the most charming and naturally beautiful areas of the South Puget Sound.

Location & commute

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Directions

Property details

Listing details

Listing number
#2529539
Listed
May 26, 2026
Days on market
48
Original list price
$155,000

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot features
Corner LotPavedSecluded
Lot size
54,014 sq ft

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity AvailableSeptic Design Applied
Water
Available
Sewer
Not Available

Schools

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

What stands out to you?

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  • None
  • Corner Lot
  • Paved
  • Secluded
  • Cash
  • Conventional
  • Electricity Available
  • Septic Design Applied
  • Available
  • Not Available

Listing history

  1. Listed

    $155,000

    May 26, 2026

  2. Current price

    $149,950

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

$873

Principal & interest
$758
Property tax (est.)
$115

Assumes $29,990 down (20%), a $119,960 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 14, 2026 at 12:30 AM 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.