411 151st Avenue Ct SW, Lakebay, WA 98349
Listed by Carrie Gatlin, eXp Realty
Tour this home
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.
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
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

$359,000
16518 34th Street Ct NW
Lakebay, WA

$299,950
19111 19th st sw
Lakebay, WA
$489,950
1615 Lake Drive SW
Lakebay, WA
$440,000
16511 84th Street NW
Lakebay, WA

$525,000
1907 194th Avenue SW
Lakebay, WA

$449,950
19112 19th SW
Lakebay, WA
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.