Rare 2.27-acre Lakebay property with strong potential and breath taking views! Property includes an unfinished home with approximately 1,032 sq ft of interior space plus 2 bedrooms and 2 baths with expansive acreage to create a custom home site, shop, ADU, or multi-use space. Located in a quiet rural setting with fully fenced grounds, this parcel offers RV parking, outbuildings, abundant room for toys, livestock, or future improvements, and privacy while still being just minutes from community amenities and Puget Sound access. Interior is unfinished — bring your contractor and transform this space into a one-of-a-kind Lakebay retreat or investment flip. With utilities in place including individual well and septic, there’s tremendous upside for the right buyer. Property Highlights: • Approx. 1,032 sq ft interior space • 2 beds, 2 baths (buyer to verify) • 2.27 acres of usable land (2 Parcels) • Fully fenced — great for pets, pasture, gardening • Outbuildings & storage, plus generous parking and room for shop, ADU, or detached garage • Individual well & septic present • Sold as-is — perfect for investors or buyers seeking a renovation project. This offering presents a significant opportunity to add value through finishing, creative redesign, or expansion in one of Pierce County’s peaceful and scenic rural pockets. Buyer to verify all measurements, zoning, permits, and intended use.
Active
Listed by: KW North Sound
Price cut: $25K (6/10)
$374,950
16602 - 16608 Delano Road, Lakebay, WA 98349
2beds
1,032sqft
Single Family Residence
Built in 1920
2.27 Acres Lot
$367,700 Zestimate®
$363/sqft
$-- HOA
What's special
Expansive acreageRv parkingBreathtaking viewsQuiet rural settingFully fenced grounds
- 126 days |
- 907 |
- 31 |
Zillow last checked:
Listing updated:
Listed by:
Angelaun Niethamer,
KW North Sound,
Mariano Franco Hernandez,
KW North Sound
Source: NWMLS as distributed by MLS GRID,MLS#: 2461648
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Wall Furnace, Electric
Cooling
- None
Appliances
- Included: Water Heater: electric
Features
- Flooring: Laminate, Vinyl, Carpet
- Windows: Dbl Pane/Storm Window
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 1,032
- Total interior livable area: 1,032 sqft
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached Garage, Off Street, RV Parking
- Has attached garage: Yes
- Covered spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Dbl Pane/Storm Window, Water Heater
Lot
- Size: 2.27 Acres
- Features: Paved, Cable TV, Deck, Fenced-Fully, High Speed Internet, Outbuildings, RV Parking
- Topography: Equestrian,Level,Partial Slope
- Residential vegetation: Brush, Pasture, Wooded
Details
- Parcel number: 0020021019
- Zoning: R10
- Zoning description: Jurisdiction: County
- Special conditions: Standard
- Other equipment: Leased Equipment: none
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1920
- Major remodel year: 2007
Utilities & green energy
- Electric: Company: Peninsula Light
- Sewer: Septic Tank
- Water: Individual Well
Community & HOA
Community
- Subdivision: Lakebay
Location
- Region: Lakebay
Financial & listing details
- Price per square foot: $363/sqft
- Annual tax amount: $3,273
- Date on market: 2/19/2026
- Cumulative days on market: 127 days
- Listing terms: Conventional
- Inclusions: Leased Equipment
Estimated market value
$367,700
$349,000 - $386,000
$2,596/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/10/2026 | Price change | $374,950-6.3%$363/sqft |
Source:  NWMLS as distributed by MLS GRID #2461648 Report a problem | ||
| 2/20/2026 | Listed for sale | $399,950$388/sqft |
Source: NWMLS as distributed by MLS GRID #2461648 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 98349
Nearby schools
GreatSchools rating
- 6/10Evergreen Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 4/10Key Peninsula Middle SchoolGrades: 6-8Distance: 3.7 mi
- 8/10Peninsula High SchoolGrades: 9-12Distance: 11.2 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- Pierce County
- Lakebay
- 98349
- 16602 - 16608 Delano Road
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