Rare opportunity to own on ultra-private South Head Peninsula, where homes seldom come to market. Boasting over 500 feet of waterfront on both sides, this property offers unmatched seclusion and is surrounded by pristine old-growth forest. The light-filled, east-facing home showcases breathtaking sunrises with sweeping views of Mt. Rainier and the Puget Sound. Inside, the open floor plan feels airy and inviting, with a spacious primary suite awaiting your vision and a generous guest suite with attached full bath. Step out to the expansive sundeck, complete with an outdoor shower, or follow landscaped paths that lead directly to your own private beach. A rare legacy property combining total privacy, natural beauty, and timeless tranquility.
Sold
Listed by: John L. Scott R.E.Tacoma North • Tomio Blakey
Bought with: John L. Scott/Yelm
$1,045,000
1403 S Head Avenue SW, Lakebay, WA 98349
2beds
2,210sqft
Single Family Residence
Built in 1976
2.2 Acres Lot
$1,040,900 Zestimate®
$473/sqft
$3,568 Estimated rent
Home value
$1,040,900
$978,000 - $1.10M
$3,568/mo
Zestimate® history
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List your homeWhat's special
Open floor planBreathtaking sunrisesGenerous guest suiteLight-filled east-facing homeExpansive sundeckSpacious primary suiteUltra-private south head peninsula
Zillow last checked:
Listing updated:
Listed by:
Tomio Blakey,
John L. Scott R.E.Tacoma North
Bought with:
Kris Hart, 107505
John L. Scott/Yelm
Source: NWMLS as distributed by MLS GRID,MLS#: 2430895
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Other
- Level: Main
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Ductless, Forced Air, Wall Furnace, Electric, Propane, Wood
Cooling
- Ductless
Appliances
- Included: Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Washer(s), Water Heater: Electric
Features
- Bath Off Primary
- Flooring: Hardwood
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,210
- Total interior livable area: 2,210 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, RV Parking
- Has garage: Yes
- Covered spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Fireplace, Security System, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
- Has view: Yes
- View description: Bay, Mountain(s), Ocean, See Remarks, Territorial
- Has water view: Yes
- Water view: Bay,Ocean
- Waterfront features: High Bank, Medium Bank, Bulkhead, Ocean Front, Sound
- Frontage length: Waterfront Ft: 200
Lot
- Size: 2.2 Acres
- Features: Dead End Street, Paved, Secluded, Cable TV, Deck, Fenced-Partially, Outbuildings, Propane, RV Parking, Sprinkler System
- Topography: Level,Partial Slope,Steep Slope
- Residential vegetation: Brush, Fruit Trees, Garden Space, Wooded
Details
- Parcel number: 0120064020
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Foundation: Poured Concrete
- Roof: Metal
Condition
- Good
- Year built: 1976
- Major remodel year: 1997
Utilities & green energy
- Electric: Company: Peninsula Power and Light
- Sewer: Septic Tank, Company: Septic
- Water: Shared Well, Company: South Head Community Association
Community & HOA
Community
- Security: Security System
- Subdivision: Lakebay
HOA
- HOA phone: 253-224-9353
Location
- Region: Lakebay
Financial & listing details
- Price per square foot: $473/sqft
- Tax assessed value: $1,135,800
- Annual tax amount: $9,801
- Date on market: 1/27/2026
- Cumulative days on market: 176 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Sold | $1,045,000-12.6%$473/sqft |
Source:  NWMLS as distributed by MLS GRID #2430895 Report a problem | ||
| 1/13/2026 | Pending sale | $1,195,000$541/sqft |
Source: NWMLS as distributed by MLS GRID #2430895 Report a problem | ||
| 12/2/2025 | Price change | $1,195,000-4%$541/sqft |
Source: NWMLS as distributed by MLS GRID #2430895 Report a problem | ||
| 11/7/2025 | Price change | $1,245,000-3.9%$563/sqft |
Source: NWMLS as distributed by MLS GRID #2430895 Report a problem | ||
| 10/22/2025 | Price change | $1,295,000-3.7%$586/sqft |
Source: NWMLS as distributed by MLS GRID #2430895 Report a problem | ||
| 10/9/2025 | Price change | $1,345,000-3.6%$609/sqft |
Source: NWMLS as distributed by MLS GRID #2430895 Report a problem | ||
| 9/26/2025 | Listed for sale | $1,395,000+268.1%$631/sqft |
Source: NWMLS as distributed by MLS GRID #2430895 Report a problem | ||
| 6/6/2002 | Sold | $379,000$171/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $9,801 +6.7% | $1,135,800 +10.8% |
| 2023 | $9,182 +1.7% | $1,025,400 -2.5% |
| 2022 | $9,033 +7% | $1,051,600 +24.6% |
| 2021 | $8,445 +20.8% | $843,700 +19.8% |
| 2019 | $6,988 +1.7% | $704,500 +6.3% |
| 2018 | $6,873 +13.6% | $662,700 +13.4% |
| 2017 | $6,052 +7.1% | $584,400 +15.2% |
| 2016 | $5,649 | $507,300 +11.9% |
| 2014 | $5,649 -13.8% | $453,500 +4.4% |
| 2013 | $6,553 | $434,300 -15.2% |
| 2012 | -- | $512,400 -0.7% |
| 2011 | -- | $516,100 -9% |
| 2010 | -- | $567,200 |
Find assessor info on the county website
Neighborhood: 98349
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Nearby schools
GreatSchools rating
- 6/10Evergreen Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 4/10Key Peninsula Middle SchoolGrades: 6-8Distance: 4.6 mi
- 8/10Peninsula High SchoolGrades: 9-12Distance: 10.9 mi
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Estimated market value
$1,040,900
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Estimated market value
$1,040,900
- Washington
- Pierce County
- Lakebay
- 98349
- 1403 S Head Avenue SW
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