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$715,000
4 Beds 3 Baths 2546154 MLS ACTIVE Status
NEW PRICE!! Escape to the peace and privacy of the Key Peninsula in this spacious 2,700 sq ft classic two-story home nestled on 1.5 acres in the Lakebay community. With 4 bedrooms, and office, a bonus room, and 3 bathrooms, there's room for EVERYONE! — including the convenience of a main-floor primary bedroom. The generous kitchen features abundant cabinetry and a breakfast nook, perfect for morning gatherings. Bring your paintbrush and flooring ideas to customize the interior and make it truly your own — a great opportunity to add instant equity with your personal touches. Relax on the welcoming front porch, roam the large yard, and also the fenced backyard, and enjoy rare private access to Jackson Lake for swimming and non-motorized watercraft. Minutes to the community of Home, Key Center and KPN Middle School. Tranquil living with the space and amenities you've been waiting for.

3014 175th Avenue NW, Lakebay

Listing courtesy of COMPASS.

$75,000
2543620 MLS ACTIVE Status
Welcome to Herron Island, a private island community served by its own ferry, the Charlie Wells. This unique property consists of two original tax parcels that were combined into one, creating a spacious 30,762 sq. ft. (0.71-acre) lot backing to wetlands and a community park for added privacy and a peaceful natural setting.A recorded wetland variance has been approved by the county, and the septic design was approved by the Health Department. The current approval is scheduled to expire in June 2026; however, the owner has applied for an extension. The approved design is for the construction of a 16' x 28' shop with a bathroom. Any future conversion to a dwelling would require a remodel application and approval from the appropriate authorities.The property already has power and community well water connected, making it an excellent opportunity for future development. While planning your dream home or island getaway, you can enjoy the tiny home currently on the property, along with an additional storage shed.Herron Island amenities include community beaches, parks, walking trails, a boat launch, and seasonal boat docks. Conveniently located just 1.5 hours from Seattle and approximately 45 minutes from Tacoma, this is your chance to enjoy island living without being far from the city.Come discover the beauty and tranquility of Herron Island!

730 E Madrona Boulevard NW, Lakebay

Listing courtesy of Better Properties Gig Harbor.

$1,083,000
4 Beds 4 Baths 2544943 MLS ACTIVE Status
Significant price reduction! You are sure to fall in love with this private Northwest retreat! Nestled on over 2.5 picturesque acres in the heart of Lakebay, this exceptional property offers the perfect balance of privacy and convenience… just a short walk to the charming town center, grocery store, and local restaurants. Surrounded by breathtaking territorial views and abundant wildlife, you'll enjoy the peaceful lifestyle you've been dreaming of. The spacious home is designed for comfort and connection to the outdoors. The expansive primary suite is a true sanctuary, featuring a cozy fireplace and direct deck access to the hot tub for relaxing under the stars. Large windows and vaulted cedar ceilings capture the beauty of the surrounding landscape. Outside, summer memories await with a sparkling pool, freshly painted pool deck, and brand-new diving board. Equestrian enthusiasts and homesteaders alike will appreciate the 5-stall horse barn, ample space for an arena, separate pastures, and thoughtfully designed transition alleys for seasonal grazing or managing animals with ease. A rare opportunity to enjoy country living, recreation, and small-town charm all in one remarkable property.

8802 Key Peninsula Highway NW, Lakebay

Listing courtesy of COMPASS.

$995,000
2 Beds 3 Baths 2542607 MLS ACTIVE Status
Architecturally inspired & beautifully sited on nearly two acres of medium-bank waterfront, this extraordinary custom residence captures sweeping views of the Sound, majestic mountains & Heron Island ferry. Inspired by renowned modernist architect Richard Meier & thoughtfully designed by acclaimed Gig harbor architect James E. Kaczmarek, the home is a striking blend of contemporary design & natural beauty. Floor-to-ceiling windows, soaring skylights, graceful coved architectural details, & an open-concept layout fill the home with abundant natural light & frame the ever-changing waterfront vistas. Main level features a refined kitchen & expansive gathering spaces opening to 2 view decks. Upstairs, 2 luxurious primary suites each enjoy private baths, view balconies, including a grand waterfront retreat & a second more secluded sanctuary. Lofted seating area overlooks the dining room & spectacular views beyond. Step outside, add a path down to the beach, to embrace an exceptional waterfront lifestyle with endless opportunities to explore the shoreline just beyond your doorstep. Or simply relax & enjoy spectacular sunsets. Wildlife abounds with eagles, seals, orcas, & deer frequenting the property. Detached 2-car garage w/workshop, flex space, & storage complements the lush grounds adorned w/fruit trees, flowering gardens & mature landscaping, creating a truly exceptional PNW estate. Amazing View ADU potential on the property or above the garage for income or multi-gen living.

20515 21st Street NW, Lakebay

Listing courtesy of Windermere Prof Partners.

$135,000
2543374 MLS ACTIVE Status
8.5+ acres of possibility in one of the Key Peninsula's most peaceful settings. Tucked away in Lakebay near Bay Lake, this exceptional parcel offers the rare combination of privacy, usable acreage, and significant due diligence already completed. Power is available at the paved road, a 3-bedroom septic design is pending approval, and a wetland delineation exhibit has been completed—helping you move one step closer to bringing your vision to life. Whether you're dreaming of a custom estate, hobby farm, shop, or simply room to spread out, this property delivers the space and flexibility that's becoming increasingly difficult to find. No HOA, no crowded neighborhoods—just 8.5 acres of affordable Pacific Northwest beauty waiting for what's next.

15261 24th Street SW, Lakebay

Listing courtesy of RE/MAX Exclusive.

$399,900
3 Beds 2 Baths 2541067 MLS ACTIVE Status
Welcome home to this charming one-level retreat in the sought-after Palmer Lake community on the Key Peninsula. Offering 3 bedrooms, 2 bathrooms and a 2-car garage. Enjoy the convenience of RV parking and a spacious, level yard with plenty of room to garden, entertain, relax, or create your ideal outdoor space. Just a short walk from the lake, this property offers access to the best of Pacific Northwest living. Palmer Lake residents enjoy a stocked private lake, fishing dock, parks, and a private community beach. Spend your days fishing, swimming, kayaking, exploring nearby trails, or taking a quick drive to beautiful Joemma State Park. A wonderful opportunity to enjoy comfort, recreation, and the relaxed charm of Key Peninsula living.

19105 17th st SW, Lakebay

Listing courtesy of Better Properties Real Estate.

$369,000
3 Beds 2 Baths 2539591 MLS ACTIVE Status
Welcome to your dream lake-life haven! Built in 2024, this modern and charming 3-bedroom, 2-bathroom single-level home is perfectly situated at the end of a quiet cul-de-sac in the desirable Key Peninsula neighborhood of Palmer Lake. The bright, open-concept layout offers seamless, stair-free living with contemporary finishes throughout, while the spacious, fully fenced lot provides ultimate privacy for pets, play, and outdoor entertaining around the fire pit! There's a shed for extra storage. Summer is the perfect time to move in and embrace everything this vibrant community has to offer—enjoy swimming, kayaking, and paddleboarding on the lake, take advantage of the community playground and beach, or enjoy beautiful lake views on your evening walks. Best of all, you get the peace of peninsula living with incredible convenience, located just a short drive from Gig Harbor’s boutique shopping, dining, and St. Anthony Hospital, with easy access to Belfair and South Kitsap. Turn-key and ready for summer fun!

19613 25th Street Ct SW, Lakebay

Listing courtesy of Martin Real Estate Group.

$150,000
2538464 MLS ACTIVE Status
Opportunity is knocking on this shy 5-acre parcel off Delano Road. Previously logged in 2020, the property has been subject to a 6-year building permit moratorium that is now nearing its end, creating a timely opportunity for buyers ready to plan ahead. Driveway freshly paved! The land offers privacy, seclusion, and usable space for future development, with a private gravel easement providing access. The neighboring shy 5-acre parcel is also available, offering the chance to purchase nearly 10 acres total. Enjoy nearby outdoor amenities including Penrose Point State Park and Lakebay Marina. Owner financing may be available with a large down payment. Bring your vision and start preparing for what this property can become.

4 Lot 9th Street SW, Lakebay

Listing courtesy of Paramount Real Estate Group.

$300,000
2538471 MLS ACTIVE Status
Rare opportunity to purchase two neighboring shy 5-acre parcels together for a combined total of nearly 10 acres. Lots 2 and 4 are part of the same short plat and offer privacy, seclusion, and long-term development potential off Delano Road. Previously logged in 2020, the parcels have been subject to a 6-year building permit moratorium that is now nearing its end, creating a timely opportunity for buyers ready to plan ahead. A private gravel easement provides access to both lots, with usable land, natural surroundings, and room to create your vision. Enjoy nearby outdoor amenities including Penrose Point State Park and Lakebay Marina. Owner financing may be available with a large down payment.

24 156th Avenue SW, Lakebay

Listing courtesy of Paramount Real Estate Group.

$150,000
2538462 MLS ACTIVE Status
Opportunity is knocking on this shy 5-acre parcel off Delano Road. Previously logged in 2020, the property has been subject to a 6-year building permit moratorium that is now nearing its end, creating a timely opportunity for buyers ready to plan ahead. Driveway freshly paved! The land offers privacy, seclusion, and usable space for future development, with a private gravel easement providing access. The neighboring shy 5-acre parcel is also available, offering the chance to purchase nearly 10 acres total. Enjoy nearby outdoor amenities including Penrose Point State Park and Lakebay Marina. Owner financing may be available with a large down payment. Bring your vision and start preparing for what this property can become.

2 Lot 156th Avenue SW, Lakebay

Listing courtesy of Paramount Real Estate Group.

$564,950
3 Beds 3 Baths 2536375 MLS ACTIVE Status
One of the Prettiest & Most Peaceful spots on the Key Peninsula - Shows Well! Perfect For Year-Round OR As a Profitable Vacation Rental/Airbnb with Multiple Options! Hard to Find Desirable Custom Water View 3/3 Home in a small, peaceful and private gated community along Carr Inlet.Thoughtfully designed, one owner home featuring an inviting living area, comfortable bedrooms with full baths, and a well appointed kitchen and dining room with quality cabinetry & appliances. Glass doors open to a wrap around covered deck where you can relax and enjoy views of the water & glimpses of Mt.Rainier. On the main entry level there's a light & bright Bonus Room or Bedroom w/ensuite full bath easily used as a self-contained rental studio! Wander thru the beautiful parklike fenced grounds featuring mature landscaping, prolific fruit trees, and quiet sitting areas leading to a charming 2 story workshop/artist studio/“boat house" with additional covered storage.There’s a dedicated RV parking pad w/concrete pad & hookups at the rear of the property plus a large attached garage. This home situated on a corner lot for added privacy, is well maintained & move-in ready in a convenient location close to Penrose Park, local marinas & boat launches - just a quick walk to access the beach and an easy drive to all services & big box stores. Whether year round living or vacation getaway, you'll never want to leave one of the best spots on the Key Peninsula! *Be sure to click on Virtual Tour Icon *

2608 142nd Avenue SW, Lakebay

Listing courtesy of Kelly Right RE of Seattle LLC.

$230,400
2 Beds 1 Baths 2533508 MLS ACTIVE Status
sland living doesn't get more charming than this. Tucked away on the ferry-access-only Herron Island, this 2-bed, 1-bath gem delivers water views, wildlife sightings, and the kind of quiet you didn't know you were missing. The resident deer are so friendly they'll eat right out of your hand — mornings here come with their own welcome committee! The oversized covered deck is made for slow mornings and long evenings, and the resident-only access means your neighborhood stays exactly as peaceful as it looks. This little island escape is ready and waiting — just bring yourself and make it your own. One or more members of Trade In Holdings, LLC and other Trade In Holdings, LLC related entities are licensed real estate agents or licensed real estate brokers in Arizona.

819 E Madrona Boulevard NW, Lakebay

Listing courtesy of Amo Realty.

$149,950
2529539 MLS ACTIVE Status
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.

20116 9th Street SW, Lakebay

Listing courtesy of RE/MAX Exclusive.

$275,000
2519417 MLS ACTIVE Status
Vacant residential acreage on the Key Peninsula, South Puget Sound. 3.28-acre cleared lot in Lakebay on a private drive. No wetlands, no HOA, no CCRs. A 5-bedroom gravity on-site sewage system (OSS) design with preliminary site plan has been approved by Tacoma-Pierce County Health Department. The design includes a 3-bedroom main home, a detached 2-bedroom accessory dwelling unit (ADU), and two RV hookup sites. Two level areas have been cleared on the property. Septic area has been cleared. OSS approval valid through November 2026. Power has been extended to the parcel and stubbed. A private well with Variable Frequency Drive system was drilled in December 2024, producing 10.5 gallons per minute. A 20ft storage container is on site. Joemma Beach State Park is approximately 1 mile from the property. Penrose State Park is approximately 4 miles away. Gig Harbor is approximately 30 minutes by car. Located in the Peninsula School District. Pierce County parcel.

19205 30th Street SW, Lakebay

Listing courtesy of Hawkins Poe.

$375,000
2 Beds 2 Baths 2520753 MLS ACTIVE Status
Affordable One Level Home on Acreage! Situated just 30 minutes from the creature comforts of Gig Harbor on the beautiful Key Peninsula, this nearly 4-acre spread near the tiny town of Home is full of potential. Bring your vision goggles and make it yours. The heavy lifting has already been done: you’ve got a brand-new septic system, an upgraded well, a metal roof, and a heat pump to keep things cozy. Whether you choose to remodel the existing home or utilize the previous 2-bedroom build approval to create something new, you’ll be surrounded by a year-round stream, a private pond, and fruit trees. For the "Bring Your Vision" enthusiast, the remnants of the original homestead and poultry shed are waiting for a creative revival. This property works as hard as you do with 2 driveways and five outbuildings—including a 480sf detached garage, and full RV hookups for your "consultants" (or adventurous guests). A laurel hedge is growing to provide privacy from the road. Whether you’re looking to flip, expand, or establish a multi-generational estate, the infrastructure is in place and the potential is limitless. Bring your plans—Home is calling! FINANCING AVAILABLE, INQUIRE WITH A REAL ESTATE PROFESSIONAL TO SEE REMARKS.

1916 Key Peninsula Highway NW, Lakebay

Listing courtesy of Martin Real Estate Group.

$199,000
2518701 MLS ACTIVE Status
Discover your perfect slice of the Pacific Northwest! This level, 1.6-acre wooded parcel on Hoff Road sits just south of Joe’s Bay in the charming Town of Home—known for its boat ramp, mooring areas, park, and playground. Skip the stress of permits and planning! This property includes county-approved architectural plans and active building permits for a stunning 3BD/2.5BA, 2,223 sq. ft. home with vaulted ceilings and a spacious great room. The sellers built this same home next door—it’s gorgeous! Love the design but not the build process? The seller, a licensed general contractor, can potentially construct it for you. Listing is for vacant land only. Price reflects land value. Permits included (Pierce County #1048938).

16456 Hoff Road NW, Lakebay

Listing courtesy of Keller Williams Realty.

$349,900
3 Beds 2 Baths 2519168 MLS ACTIVE Status
Welcome to your fully reimagined Herron Island retreat. Thoughtfully remodeled from top to bottom, this stunning 3-bedroom, 2-bath home offers 1,056 sq ft of stylish and functional living space in one of the Pacific Northwest’s most unique private island communities. Nearly every surface has been updated, creating a fresh, move-in-ready home that perfectly blends modern comfort with laid-back island charm. The open-concept layout is filled with natural light and designed for easy everyday living or weekend escapes. Updated finishes throughout give the home a clean, modern feel, while the spacious lot offers privacy, tranquility, and room to enjoy the outdoors. Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this home offers the perfect balance of comfort and island living. Located on private ferry-access Herron Island, residents enjoy access to community beaches, parks, trails, seasonal docks, and a boat launch—all surrounded by the natural beauty of the Puget Sound. A rare opportunity to own a turnkey island home where everything has already been done for you. Seller will provide a 12-month home warranty with an acceptable offer for added peace of mind. Be sure to ask about potential seller-paid closing cost assistance!

22504 Maple Drive NW, Lakebay

Listing courtesy of Better Properties Gig Harbor.

$499,900
2 Beds 1 Baths 2516613 MLS ACTIVE Status
Experience the best of Pacific Northwest waterfront living from this beautifully updated west-facing cabin, where spectacular sunsets and tranquil water views set the stage for everyday living. This rare property is one of only a handful on Herron Island offering both a private lagoon & tidelands—an exceptional opportunity to own a unique piece of waterfront. Inside, the light-filled 2-bedroom, 1-bath home features vaulted ceilings, skylights, & a wall of windows that showcase the ever-changing waterfront scenery. The open-concept living & dining areas flow effortlessly onto the deck, creating the perfect setting for entertaining or simply relaxing while watching the sun dip behind the Olympic Mountains. A charming petite A-frame trailer adds flexible living space, making an ideal guest retreat, art studio, home office, or cozy getaway. Extensive upgrades provide lasting value & peace of mind, including new metal roofs on all structures, resurfaced & refreshed decking, exterior paint, cable railing, & selective tree clearing. Inside, you'll appreciate updated appliances, tasteful bathroom improvements, replaced windows, & custom sun blinds. Additional features include a loft for extra storage, approx. 240 sq. ft. of storage beneath the deck, & a separate laundry room. Whether you're searching for a full-time residence, a peaceful weekend escape, or a memorable waterfront this exceptional property delivers comfort & an unparalleled island lifestyle—all at an incredible value!

108 Herron Lane NW, Lakebay

Listing courtesy of Better Properties Gig Harbor.

$480,000
3 Beds 3 Baths 2514462 MLS ACTIVE Status
Discover this charming home in Palmer Lake community of Lakebay, nestled on the beautiful Key Peninsula! Home boasts modern kitchen with butcher-block countertops, stainless steel appliances, and a central island with a breakfast bar. Open concept living on the main floor that combines the living room, dining room and kitchen which is ideal for entertaining. Back porch and fenced backyard that is spacious so bring your creative ideas for fun outdoor living! The upstairs has primary suite with private bathroom and two more bedrooms! There is ample parking and two parking spots in the garage and the home is situated in a peaceful cul-de-sac. Sit on the front covered porch and enjoy the solitude! The community has lake, cabana, beach & dock! Sellers moving due to job relocation. New Roof in 22/23 **Lease-to-own financing options may be available for qualified buyers through a preferred lender, subject to buyer and property eligibility requirements and program guidelines.

19617 21st Street Ct SW, Lakebay

Listing courtesy of Keller Williams South Sound.

$485,000
3 Beds 2 Baths 2515256 MLS ACTIVE Status
Impeccably maintained single story home in the Palmer Lake community where pride of ownership is clear from the moment you arrive. Designed with an open concept great room and vaulted ceilings, the layout offers a natural flow that works beautifully for both daily living and gathering with friends. A wood stove anchors the space, adding warmth and a welcoming touch. The open kitchen features oak cabinetry, newer stainless steel appliances, pantry & breakfast bar. Flow seamlessly into the dedicated dining area that feels elevated from the typical eat in setup. A flexible den creates options for a home office, hobby room, or quiet escape, while 3 bedrooms and 2 full baths provide a layout that simply makes sense. The primary suite includes a private bath & walk in closet. Step outside to a wraparound deck overlooking a .22 acre lot, offering space to relax, entertain, or enjoy the outdoors. Located in the Palmer Lake community, this home offers a comfortable lifestyle in a setting that feels tucked away yet connected. View today!

1704 197th Avenue SW, Lakebay

Listing courtesy of Crafted Real Estate.

$532,950
3 Beds 2 Baths 2515083 MLS CONTINGENT Status
NEW ROOF on this perfect blend of country living and equestrian lifestyle on 2.5 fully usable acres of flat, horse-ready land. This well-maintained, single-story ranch home featuring 3 bedrooms, 2 bathrooms, and an open-concept layout filled with natural light and designed for comfortable everyday living. Enjoy outdoor living with low-maintenance Trex decking—ideal for entertaining or relaxing—surrounded by mature fruit trees and wide-open space. The property offers fenced pasture and is fully equipped for horse lovers, featuring a 2-stall Noble shelter with a convenient bunk-out hay room and plenty of room to add a riding arena, round pen, or additional equine facilities. This horse property also includes a spacious garage/shop perfect for a workshop, equipment storage, or home-based business, plus dedicated RV parking with space for trailers, horse rigs, and recreational vehicles. With flat, usable acreage, expansion potential, and a peaceful rural setting, this property is ideal for those seeking a hobby farm, ranch property, or equestrian estate with room to grow.

3416 171 Avenue Ct NW, Lakebay

Listing courtesy of John L. Scott, Inc..

Based on information submitted to the MLS GRID as of . 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.
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