Sold

Listed by: PropertiesNW of Gig Harbor Ltd

Bought with: PropertiesNW of Gig Harbor Ltd

$2,500,000

13912 34th Street SW, Lakebay, WA 98349

2beds

1,200sqft

Single Family Residence

Built in 1968

19 Acres Lot

$2,467,700 Zestimate^®

$2,083/sqft

$2,754 Estimated rent

Home value

$2,467,700

$2.29M - $2.64M

$2,754/mo

Zestimate^® history

Owner options

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$2,754/mo

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$2,754/mo

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$15,446/mo

Est. payment

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$15,446/mo

Est. payment

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What's special

Coastal landPrivate retreatFully updated cabin

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
3/4 bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 1

Bedroom

Level: Main

Bathroom three quarter

Level: Main

Entry hall

Level: Main

Family room

Level: Main

Kitchen with eating space

Level: Main

Utility room

Level: Main

Heating

Other – See Remarks, Electric

Cooling

Has cooling: Yes

Appliances

Included: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)

Features

Bath Off Primary
Flooring: See Remarks
Windows: Double Pane/Storm Window
Basement: None
Has fireplace: No
Fireplace features: Electric

Interior area

Total structure area: 1,200
Total interior livable area: 1,200 sqft

Property

Parking

Parking features: Driveway, Off Street, RV Parking

Features

Levels: Two
Stories: 2
Entry location: Main
Patio & porch: Bath Off Primary, Double Pane/Storm Window
Has spa: Yes
Has view: Yes
View description: Ocean, Sound, Strait
Has water view: Yes
Water view: Ocean,Sound,Strait
Waterfront features: Bulkhead, No Bank, Saltwater, Sound, Strait
Frontage length: Waterfront Ft: 620

Lot

Size: 19 Acres
Dimensions: 827640
Features: Dead End Street, Secluded, Value In Land, Barn, Cabana/Gazebo, Deck, Dog Run, Fenced-Partially, Gated Entry, High Speed Internet, Hot Tub/Spa, Outbuildings, Rooftop Deck, RV Parking, Shop
Topography: Equestrian,Level,Partial Slope
Residential vegetation: Fruit Trees, Garden Space, Pasture, Wooded

Details

Parcel number: 0120181000
Zoning: 8800
Zoning description: Jurisdiction: County
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Cape Cod
Property subtype: Single Family Residence

Materials

Wood Siding, Wood Products
Roof: Composition

Condition

Fixer
Year built: 1968
Major remodel year: 1968

Utilities & green energy

Electric: Company: Peninsula Light Company
Sewer: Septic Tank, Company: Septic
Water: Individual Well, Company: Private Well

Community & neighborhood

Location

Region: Lakebay
Subdivision: Lakebay

Other

Other facts

Cumulative days on market: 524 days

Price history

Date	Event	Price
8/22/2025	Sold	$2,500,000$2,083/sqft
Source: NWMLS as distributed by MLS GRID #2283345 Report a problem
8/7/2025	Pending sale	$2,500,000$2,083/sqft
Source: NWMLS as distributed by MLS GRID #2283345 Report a problem
6/14/2025	Price change	$2,500,000-2%$2,083/sqft
Source: NWMLS as distributed by MLS GRID #2283345 Report a problem
5/29/2025	Price change	$2,550,000-3.8%$2,125/sqft
Source: NWMLS as distributed by MLS GRID #2283345 Report a problem
4/30/2025	Price change	$2,650,000-8.6%$2,208/sqft
Source: NWMLS as distributed by MLS GRID #2283345 Report a problem
4/11/2025	Price change	$2,900,000-17.1%$2,417/sqft
Source: NWMLS as distributed by MLS GRID #2283345 Report a problem
2/7/2025	Listed for sale	$3,500,000+133.3%$2,917/sqft
Source: NWMLS as distributed by MLS GRID #2283345 Report a problem
9/5/2019	Sold	$1,500,000$1,250/sqft
Source: NWMLS as distributed by MLS GRID #1448069 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$8,166 +0.9%	$944,568 +4.6%
2023	$8,096 -14.7%	$903,165 -18.4%
2022	$9,490 +23.2%	$1,106,773 +43.9%
2021	$7,702 +2.8%	$769,142 +0.2%
2019	$7,489 +0.4%	$767,800 +6.3%
2018	$7,461 +6.9%	$722,000 +11.9%
2017	$6,981 +11.2%	$645,000 +11.5%
2016	$6,278	$578,677 +8.1%
2014	$6,278 -19%	$535,400 +1.9%
2013	$7,752	$525,200 -18.8%
2012	--	$647,100 -0.3%
2011	--	$649,200 -10.1%
2010	--	$722,300