Listed by Hilary Cox, Hawkins Poe
- Land
- Type
- 142,006 sq ft
- Lot
- 88
- Days on market
About this property
Level, cleared 3.28-acre parcel on the Key Peninsula in Lakebay, South Puget Sound, accessed by a private drive. No wetlands, no HOA, no CCRs. Tacoma-Pierce County Health Department has approved a 5-bedroom gravity on-site sewage system (OSS) design with preliminary site plan, valid through November 2026. The design covers a 3-bedroom main home, a detached 2-bedroom accessory dwelling unit (ADU), and two RV hookup sites. Two level building areas have been cleared, as has the septic area. Power has been extended to the parcel and stubbed. A private well with Variable Frequency Drive system was drilled December 2024, producing 10.5 gallons per minute. A 20ft storage container is on site. Joemma Beach State Park is approximately 1 mile away and Penrose Point State Park approximately 4 miles. Gig Harbor is approximately 30 minutes by car. Peninsula School District. Pierce County parcel.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2570998
- Listed
- August 18, 2026
- Days on market
- 88 (includes a prior listing period)
Views
- View
- Territorial
Construction
- Style
- 41 - Res-Over 1 Acre
- Structure
- None
Lot
- Lot features
- Dead End StreetSecluded
- Lot size
- 142,006 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Utilities
- Electricity ConnectedSeptic Design Applied
- Water
- Private Well
- Sewer
- Not Available
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.
- Territorial
- None
- Dead End Street
- Secluded
- Cash
- Conventional
- Electricity Connected
- Septic Design Applied
- Private Well
- Not Available
Listing history
Listed
$249,000
August 18, 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
$1,450
- Principal & interest
- $1,259
- Property tax (est.)
- $191
Assumes $49,800 down (20%), a $199,200 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.
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Based on information submitted to the MLS GRID as of August 18, 2026 at 10:30 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.