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JRJeff ReynoldsCompass · Seattle

411 151st Avenue Ct SW, Lakebay, WA 98349

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Active

Listed by Carrie Gatlin, eXp Realty

Active0 days on market

$425,000

411 151st Avenue Ct SW, Lakebay, WA 98349

Lakebay, WA, 98349

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Jeff Reynolds · Managing Broker, Compass

Start with a focused 15-minute call, then tour with a clear due-diligence plan.

Land
Type
74,625 sq ft
Lot
0
Days on market

About this property

Rare opportunity to own a build-ready high-bank waterfront parcel in the desirable Lakebay area with tideland rights, completed due diligence, and significant pre-development work already underway. This property offers sweeping water views and an exceptional opportunity for a custom home, vacation retreat, or long-term investment hold. Extensive groundwork has already been completed, including survey work, wetland review/certification, geotechnical evaluation, stormwater-related work, civil engineering coordination, and utility/planning documentation. Community well agreement information, easements, and supporting development-related materials available for buyer review. The property combines privacy, natural beauty, and future vision potential while substantially reducing the uncertainty and upfront investigative work often associated with waterfront and rural development parcels. Excellent opportunity for buyers seeking a premier homesite with meaningful legwork already completed. Buyer to verify all information to their own satisfaction regarding intended use, building plans, utilities, shoreline regulations, and development feasibility.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2565728
Listed
August 6, 2026
Days on market
0

Views

View
IslandsPartialSeaSound

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot features
Dead End Street
Lot size
74,625 sq ft
Waterfront
Yes

Terms

Terms offered
CashConventionalVA Loan

Utilities

Utilities
Electricity Available
Water
See RemarksShare Available
Sewer
Not Available

Schools

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

Listing history

  1. Listed

    $425,000

    August 6, 2026

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

$2,475

Principal & interest
$2,149
Property tax (est.)
$326

Assumes $85,000 down (20%), a $340,000 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 August 7, 2026 at 12:45 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.