The median home value in Lakebay, WA is $450,000.
This is
lower than
the county median home value of $475,000.
The national median home value is $308,980.
The average price of homes sold in Lakebay, WA is $450,000.
Approximately 59% of Lakebay homes are owned,
compared to 15.5% rented, while
25.5% are vacant.
Lakebay real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Lakebay real estate agent to arrange a tour today!
Learn more about Lakebay.
Ready to escape the city and enjoy peaceful country living? Welcome to The Happy Rooster Farm! This expansive property offers the ultimate retreat for animals and hobbies. With over an acre of usable land, you can create your own mini farm with horses, chickens and goats or start plans for building a dream home. Outbuildings galore for tools, toys and endless possibilities. RV parking too. just minutes away from Palmer Lake for summer fun and relaxation including swimming, fishing and picnicking. It's time to live your best life and it starts here!
Step into this beautifully remodeled triple-wide home on a private 1.25-acre lot and be amazed. Located near Penrose State Park, with a marina and Bay Lake's public boat launch just a short distance away, this home offers a serene country setting. The spacious interior features an open floor plan with vaulted ceilings and a large, updated dream kitchen that features new S/S appliances,new cabinets. The expansive primary suite includes a den and is separated from the three additional bedrooms for privacy. There is also a second primary suite with generous bedroom space. Enjoy the perfect blend of modern comfort and tranquil surroundings in this exceptional home. This home blends comfort and tranquility in a stunning setting. Must See!
Welcome home to your beautiful private island retreat w/water view. This nicely updated home has: 3 beds, 2.5 baths, spacious living room w/cozy wood burning stove, large kitchen w/tons of counter space, light filled dining nook, main level primary offers full bath, walk in closet & slider to entertaining deck. The enclosed sunroom is a year round space to hang out & enjoy the natural beauty and wildlife. Second level offers large 2nd & 3rd bedroooms. Outside enjoy the peaceful view from the shy acre lot & relax on the sprawling deck w/extra bedroom/sitting area w/in wall heater. Live here fulltime,second home or Airbnb investment property. This wonderful community offers: beaches, parks,boat launch/dock, community center & much more!
Key Peninsula area Ranch Style on 3 acres! Conveniently located & easy commute to Gig Harbor, minutes from Penrose Point & Joemma Beach State Parks. The home features a modern kitchen, updated bathrooms, & attached two-car garage. Enjoy an open-concept living area with a west facing territiorial view. The detached 1296 SF garage/flex space is complete with kitchen & 3/4 bath, heat pump/air conditioning, finished space for hobbies, entertaining. Another outbuilding serves as a home office. Two fenced pastures & fruit trees on site. Large paved parking area includes two RV hookup locations w/power & water. Great schools. This unique property promises comfort & convenience, with endless possibilities as a base for outdoor adventures!
Huge view of the Salish Sea and the majestic, Olympic Mountains. Situated on the quaint and private Herron Island with parks, beaches, boat launch and mooring. This will make a great forever home, a second, or a huge home as an Air B&B for an investment. This one will require some elbow grase as there are unfinished projects throughout the home as the price reflects. A massive opportunty to build sweat equity very quickly and have many options. Herron Island is a private Island owned by it's property owners. It has it's own ferry and crew and one MUST have a pass from a property owner to get on the Island making it one of the safest places around. Home also has a detached, oversized 2 car garage. Call your agent! Air B&Bs ok!
PRESALE PROPERTY currently under construction. Estimated finish date is March 31st 2025. Offer now to choose your own interior finishes! This home is being built on a beautiful, wooded 2.5 acre lot. The mature forest features a small, tranquil stream going down the center. One minute from Von Geldern Cove and the Key Pen Hwy yet private and hidden away! Get a brand new home from a reputable builder with a one year warranty on everything! Property from the pictures is an identical building which sold recently for $1,070,000. Do a drive-by today!
Escape to peaceful & private Herron Island, a small community with its own ferry, located just 45 mins from Tacoma. This cabin is perfectly perched to enjoy the gorgeous water view! There are 2 entries starting with the ground floor which offers main bedroom + closet & bathroom with double sink, claw foot tub & stackable washer/dryer. Also extra finished room (no window) for walk-in closet/storage. Upstairs to living room, dining room, kitchen with lots of cabinets & granite counters plus a full bathroom. Vaulted ceiling & skylight. Upstairs to second bedroom & open loft area. Outside to the covered deck! 0.30 acre/13,250 sq ft lot. Everyday is a vacation enjoying the community beaches, parks, boat launch & seasonal docks!!
New manufactured home with new septic system. This home offers exclusive access to the private community lake and two waterfront parks. A quick 5 minutes to Penrose Point State Park & Joemma State Park. Perfect for outdoor enthusiasts. Well laid out 1296 sf home. Three bedroom. The mix of carpet and trending LVP flooring offers a modern feel. The kitchens spacious island and sleek appliances add style and functionality. The dining room or possible office gives flexibility. Double sinks in the primary bath, smart thermostat with voice control and finished touches like wrapped windows, crown molding and blinds. Plus new cedar fence, fire pit, and room for a two car garage. Seller is offering 4k towards closing costs or prepaids.
If you enjoy the outdoors, then this is the home for you. Situated in the Palmer Lake community, this tastefully updated, affordable 3 bed 2 bath home sitting on an oversized lot,2 min walking distance to the lake.Enjoy all the amenities that come with the Palmer Lake Beach Club including a boat launch. Peacefully paddleboard or Kayak around the lake,(No motorized boats).newly built playground area,basketball hoop/sports court,restrooms, picnic tables and a dock. Fully stocked lake with trout fishing. Dont forget Joemma Beach is just 6 minutes away at the Joemma State Park, that includes a boat launch for your watersports enjoyment. If you dont have a boat there is plenty of places to swim, paddleboard, fish, clam dig,oysters and crabbing.
Welcome to Serenity! A secluded equestrian property with gated entry, on a fully fenced/cross fenced shy 8 acres. The rolling landscape includes mature trees & shrubs, plus your own private orchard. A 40x60 BARN w/2 stalls, Tack room & loft. Covered horse wash, pastures w/electric fencing & water. Deluxe chicken coop & greenhouse. Step inside to a modern farmhouse with high-end finishes. Granite counters, custom oversized island, new paint, fixtures & Hickory flooring throughout. Two heat pumps, A/C & wood burning stove for chilly nights. Luxurious primary includes 5pc bath with a sleek glass shower, soaking tub, shiplap surround & exquisite finishes. Lovely deck for entertaining, hot tub, gazebo & firepit. Words don't do this one justice!
Welcome to this secluded split-level gem, perfect for investors looking for a prime opportunity! Nestled among a tranquil backdrop of mature trees, this 3-bedroom, 2-bathroom residence offers both privacy and comfort. Enjoy the peaceful ambiance of nature while being conveniently located just moments away from the picturesque Palmer Lake and Little Palmer Lake"ideal for outdoor enthusiasts.
3-Bedroom, 2-Bath Home on 4.85 Acres"Country Living at Its Finest! Escape to tranquility with this 3-bedroom, 2-bath home set on nearly 5 acres of serene land, partially wooded for privacy and adventure. Located just minutes from a picturesque lake perfect for swimming and fishing, this property offers the ideal blend of nature and convenience. With a spacious barn and two additional outbuildings, you'll have endless storage and room for hobbies, livestock, or outdoor projects. Whether you're looking for a peaceful retreat or a homestead, this property has everything you need to enjoy country living!
Beautiful Meticulously Maintained Craftsman Cedarland Home. Move in now, you are home! Private lake community w/modern technological conveniences. Wide open great room w/cozy fireplace, laundry & powder room on main. Kitchen is every gourmet chef's delight w/all stainless appliances & quartz counter tops throughout. Features a primary suite w/huge walk-in closet & 5pc bath, 2 added beds, full bath, & generous bonus room, fully fenced rear yard for privacy & 2car attached garage. Palmer Lake Beach Club offers Swimming, Fishing, Playground & Picnic areas. Close to 2 State Parks, shopping & restaurants. Included are Lvl2 EV Charger, WiFi PTZ Security Cameras. "1yr home warranty with full price offer"
Once in a lifetime opportunity to own 620' no bank waterfront and tidelands along with 19 acres of mixed fruit trees boasting flat park-like grassy fields. A slight elevation leads to panoramic water views backed by a densely wooded forest with a slow moving stream that meanders into a small private lagoon emptying into the sound. This unique property offers pace and tranquility along with multiple home sites. The land currently has a waterfront cabin, two-story shop, green house and raised beds. Both buildings sold "as is" with 2 bed gravity septic, private well, and power to cabin.
This is your chance to own one of the most desirable gated lakefront estates with 300' +/- of waterfront. This property checks all the boxes. Privacy & luxury w/chef's kitchen w/2 Subzero fridge/freezers, 46' Decor double ovens & walk in pantry. Indoor basketball court w/heated floors. 1100SF MIL suite w/private entry. Two oversized carpeted garages w/7 stalls. Outdoor covered patio w/kitchen, bbq/pizza oven & radiant heat. Complete home gym. Massive media room. Private dock w/hydraulic boat lift. Wrap around deck w/stunning water views. Propane power generator to run the entire home automatically if the power was to go out. 30K upgrade in high-speed internet. Stunning sunsets & water views from every room. A truly amazing property.
Whoa! Stop the wagon train. Is that a cattle ranch on the Key Peninsula? Come make this just shy 13 acre ranch your very own western paradise. 2 add lots included = 12.69 acres. It has been worked over the years so it needs a little TLC but it is still working cattle to this day. The property is fenced and cross fenced for easy & safe movement of the livestock. The outbuildings and barn are in better shape on the inside than outside so maybe just a little exterior touch up. Some of them have been drywalled in and appear to be in great shape. The mobile has had ranch hands & or renters occupying it up to very recently & is in fair shape, you can stay in it while you build your own dream ranch house. Minutes away from Penrose state park.