Every so often, a truly special property comes along, and Herron Hill is one of those rare opportunities. Tucked away at the end of a quiet dead-end road on the Key Peninsula, this beautiful five-acre parcel offers the privacy, tranquility, and natural beauty that make country living so appealing. A partially cleared homesite near the top of the property is ready for your vision and may offer Olympic Mountain views with selective clearing. Mature trees provide a peaceful setting, along with the potential for marketable timber, and the property has already been surveyed with corners clearly marked. Whether you've been dreaming of building your forever home or simply owning a private retreat, this property offers an exceptional place to start. Seller financing may be available, creating a unique opportunity for buyers who have always wanted to own land but are looking for greater flexibility than traditional financing may offer. Just a short drive to Gig Harbor, Highway 16, parks, and waterfront recreation, this is your chance to create something truly special.
Active
Listed by: RE/MAX Exclusive • Daniel Bennett
$199,000
1415 208th Avenue SW, Lakebay, WA 98349
--beds
--baths
5Acres
Unimproved Land
Built in ----
5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Beautiful five-acre parcelNatural beauty
- 727 days
- 54
- 7
Zillow last checked:
Listing updated:
Listed by:
Daniel Bennett,
RE/MAX Exclusive
Source: NWMLS as distributed by MLS GRID,MLS#: 2287787
Facts & features
Interior
Property
Features
- Has view: Yes
- View description: Mountain(s), Partial, Territorial
Lot
- Size: 5 Acres
- Features: Dead End Street, Brush, Comm. Grade Timber, Corners Flagged, Evergreens, Lightly Treed, Partially Cleared
- Topography: Level,Rolling,See Remarks,Sloped
- Residential vegetation: See Remarks
Details
- Parcel number: 0020043013
- Zoning: R10
- Zoning description: Residential,Jurisdiction: County
- Special conditions: Standard
Utilities & green energy
- Electric: In Street
- Gas: Not Available
- Sewer: Not Available
- Water: Well Needed
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Key Peninsula South
Location
- Region: Lakebay
Financial & listing details
- Tax assessed value: $109,500
- Annual tax amount: $968
- Date on market: 9/10/2024
- Cumulative days on market: 729 days
- Listing terms: Conventional
- Road surface type: Gravel
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 1/19/2026 | Price change | $199,000-16.7% |
Source: | ||
| 5/30/2025 | Price change | $239,000-7.7% |
Source: | ||
| 9/12/2024 | Listed for sale | $259,000+135.5% |
Source: | ||
| 4/30/2024 | Sold | $110,000+178.5% |
Source: Public Record Report a problem | ||
| 1/29/2001 | Sold | $39,500+97.5% |
Source: Public Record Report a problem | ||
| 1/31/2000 | Sold | $20,000-42.9% |
Source: Public Record Report a problem | ||
| 2/20/1997 | Sold | $35,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $978 -38.2% | $109,500 -6.5% |
| 2024 | $1,581 +63.4% | $117,100 +10.7% |
| 2023 | $968 +17% | $105,800 +12.9% |
| 2022 | $827 +10.2% | $93,700 +28.9% |
| 2021 | $751 +42.9% | $72,700 +48.1% |
| 2019 | $525 +5.5% | $49,100 +3.2% |
| 2018 | $498 +10.8% | $47,600 +17.8% |
| 2017 | $450 -11.3% | $40,400 +18.1% |
| 2016 | $507 | $34,200 -13.2% |
| 2014 | $507 -12.3% | $39,400 -7.9% |
| 2013 | $578 | $42,800 -2.7% |
| 2012 | -- | $44,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 98349
Nearby schools
Schools provided by the listing agent
- Elementary: Evergreen Elem
- Middle: Key Peninsula Mid
- High: Peninsula High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






