Exceptional Waterfront Investment Opportunity, 19 Acres of rare coastal land offers immediate lifestyle value and long-term growth opportunity. Ideal for short-term rental income, 1200 sq ft fully updated cabin is a private retreat. Huge Potential for development, this property combines flexibility and functionality. Harvest oysters, kayak, or crab from your own shoreline, then relax on the rooftop deck with panoramic water views that elevate the guest experience. High-demand vacation appeal, strong potential for cash flow, and owner financing available, this is a standout opportunity for investors seeking a rare mix of natural beauty, development upside, and income potential in a market with limited waterfront inventory.
LAST UPDATED
|
7/15/2025
|
NEIGHBORHOOD
|
Lakebay
|
YEAR BUILT
|
1968
|
COMMUNITY
|
Lakebay
|
COUNTY
|
Pierce
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
Elementary School |
Buyer To Verify |
Jr. High School |
Buyer To Verify |
High School |
Buyer To Verify |
Prior to Apr 11, '25
|
$3,500,000
|
Apr 11, '25 - Apr 30, '25 |
$2,900,000
|
Apr 30, '25 - May 28, '25 |
$2,650,000
|
May 28, '25 - Jun 14, '25 |
$2,550,000
|
Jun 14, '25 - Today |
$2,500,000 |
AIR CONDITIONING |
Yes |
APPLIANCES |
Dishwasher, Refrigerator |
AREA |
9 - Key Peninsula North |
BARN/EQUESTRIAN |
Yes |
BASEMENT |
None |
CONSTRUCTION |
Wood Siding |
EXTERIOR |
Garden |
HEAT |
Electric |
INTERIOR |
Bath Off Primary, Double Pane/Storm Window |
LOT |
19 acre(s) |
LOT DESCRIPTION |
Dead End Street, Secluded, Value In Land |
LOT DIMENSIONS |
827640 |
MLS STATUS |
Active |
PARKING |
Driveway, Off Street, RV Access/Parking |
SEWER |
Septic Tank |
STORIES |
2 |
STYLE |
12 - 2 Story |
SUBDIVISION |
Lakebay |
TAXES |
8095 |
VIEW |
Yes |
VIEW DESCRIPTION |
Mountain(s), Ocean, Sound |
WATER |
Well, Private |
WATERFRONT |
Yes |
WATERFRONT DESCRIPTION |
Waterfront |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Tony
H to contact you even if your name is on a Federal or State
"Do not call List".
Properties with the
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 8/6/25 8:25 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
DMCA Notice

This IDX solution is (c) Diverse Solutions 2025.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts