Rare opportunity in the sought-after Palmer Lake community in Lakebay! This versatile property features a charming 2 bedroom, 1.5 bath main home with attached 1-car garage PLUS a detached 2-car garage with a spacious apartment above offering 1 bedroom, office space, and a full kitchen and bath. Ideal for multi-generational living, guests, hobbies, or potential rental income. Situated on a corner lot with a peek-a-boo lake view, this property offers the perfect blend of flexibility, functionality, and Pacific Northwest charm. Enjoy a newer roof, ample parking and storage, and access to incredible community amenities including Palmer Lake beach access, docks, parks, trails and more.
Pending inspection
Listed by: Keller Williams West Sound • Randi Walker
Price cut: $15K (6/12)
$475,000
19113 21st Street SW, Lakebay, WA 98349
2beds
1,970sqft
Single Family Residence
Built in 1995
0.4 Acres Lot
$465,600 Zestimate®
$241/sqft
$19/mo HOA
What's special
Peek-a-boo lake viewAmple parking and storageCorner lotNewer roof
- 57 days |
- 524 |
- 35 |
Zillow last checked:
Listing updated:
Listed by:
Randi Walker,
Keller Williams West Sound
Source: NWMLS as distributed by MLS GRID,MLS#: 2520798
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Other
- Level: Second
Other
- Level: Main
Den office
- Level: Second
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Forced Air, Heat Pump, Electric, Propane
Cooling
- None
Appliances
- Included: Tankless Water Heater, Water Heater: Electric & Tankless
Features
- Dining Room
- Flooring: Laminate, Vinyl, Carpet
- Windows: Dbl Pane/Storm Window, Skylight(s)
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Main Level: 1, Fireplace
Interior area
- Total structure area: 1,970
- Total interior livable area: 1,970 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Attached Garage, Detached Garage
- Has attached garage: Yes
- Covered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Second Primary Bedroom, Dbl Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Vaulted Ceiling(s), Water Heater
- Has view: Yes
- View description: Lake, Partial
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.4 Acres
- Features: Corner Lot, Paved, Fenced-Partially, Outbuildings, Patio, Propane, Sprinkler System
- Topography: Level,Partial Slope
- Residential vegetation: Garden Space
Details
- Parcel number: 6661001980
- Zoning: R10
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Wood Products
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1995
- Major remodel year: 2001
Utilities & green energy
- Electric: Company: Peninsula Light Co.
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: WA Water Service Co.
Community & HOA
Community
- Features: Boat Launch, CCRs
- Subdivision: Peninsula
HOA
- HOA fee: $230 annually
Location
- Region: Lakebay
Financial & listing details
- Price per square foot: $241/sqft
- Tax assessed value: $493,200
- Annual tax amount: $4,958
- Date on market: 5/14/2026
- Cumulative days on market: 58 days
- Listing terms: Conventional,FHA,VA Loan
Estimated market value
$465,600
$442,000 - $489,000
$2,429/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Pending sale | $475,000$241/sqft |
Source:  NWMLS as distributed by MLS GRID #2520798 Report a problem | ||
| 6/12/2026 | Price change | $475,000-3.1%$241/sqft |
Source: NWMLS as distributed by MLS GRID #2520798 Report a problem | ||
| 5/14/2026 | Listed for sale | $490,000+172.5%$249/sqft |
Source: NWMLS as distributed by MLS GRID #2520798 Report a problem | ||
| 6/8/2016 | Sold | $179,800+44.2%$91/sqft |
Source: NWMLS as distributed by MLS GRID #914740 Report a problem | ||
| 1/26/2015 | Sold | $124,700+27.9%$63/sqft |
Source: Public Record Report a problem | ||
| 1/7/2015 | Price change | $97,500-35%$49/sqft |
Source: Auction.com Report a problem | ||
| 12/20/2014 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 4/26/2010 | Sold | $150,000+7.1%$76/sqft |
Source: NWMLS as distributed by MLS GRID #29093459 Report a problem | ||
| 11/22/2009 | Listing removed | $140,000$71/sqft |
Source: Windermere Real Estate/Key Realty #29093459 Report a problem | ||
| 11/1/2009 | Price change | $140,000-22%$71/sqft |
Source: Windermere Real Estate/Key Realty #29093459 Report a problem | ||
| 9/24/2009 | Listed for sale | $179,500+21.3%$91/sqft |
Source: Windermere Real Estate/Key Realty #29093459 Report a problem | ||
| 12/6/2002 | Sold | $147,950+1379.5%$75/sqft |
Source: NWMLS as distributed by MLS GRID #21139011 Report a problem | ||
| 12/6/1994 | Sold | $10,000$5/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,465 -0.6% | $493,200 +3.1% |
| 2023 | $4,491 +3.6% | $478,600 -0.4% |
| 2022 | $4,333 +0.3% | $480,400 +16.7% |
| 2021 | $4,319 +37% | $411,700 +31.1% |
| 2019 | $3,153 +3.5% | $314,000 +12.4% |
| 2018 | $3,046 +19.9% | $279,400 +15.7% |
| 2017 | $2,541 +24.9% | $241,400 +39.7% |
| 2016 | $2,035 | $172,800 +16.4% |
| 2014 | $2,035 -6.7% | $148,400 +13.7% |
| 2013 | $2,181 | $130,500 -26.2% |
| 2011 | -- | $176,800 -15.2% |
| 2010 | -- | $208,600 +24.2% |
| 2002 | $2,272 +4.4% | $168,000 +0.2% |
| 2001 | $2,177 | $167,600 +8.9% |
| 2000 | $2,177 | $153,900 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
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Climate risks
Neighborhood: 98349
Nearby schools
GreatSchools rating
- 6/10Evergreen Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 4/10Key Peninsula Middle SchoolGrades: 6-8Distance: 5.1 mi
- 8/10Peninsula High SchoolGrades: 9-12Distance: 13.1 mi
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- Washington
- Pierce County
- Lakebay
- 98349
- 19113 21st Street SW
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