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    • Listed by: Martin Real Estate Group • Marcie Martin
    $375,000

    1916 Key Peninsula Highway NW, Lakebay, WA 98349

    2beds
    1,248sqft
    Manufactured Home, Manufactured On Land
    Built in 1976
    3.86 Acres Lot
    $365,000 Zestimate®
    $300/sqft
    $-- HOA

    What's special

    Fruit treesFull rv hookupsFive outbuildingsPrivate pondYear-round streamMetal roof
    Affordable One Level Home on Acreage! Situated just 30 minutes from the creature comforts of Gig Harbor on the beautiful Key Peninsula, this nearly 4-acre spread near the tiny town of Home is full of potential. Bring your vision goggles and make it yours. The heavy lifting has already been done: you’ve got a brand-new septic system, an upgraded well, a metal roof, and a heat pump to keep things cozy. Whether you choose to remodel the existing home or utilize the previous 2-bedroom build approval to create something new, you’ll be surrounded by a year-round stream, a private pond, and fruit trees. For the "Bring Your Vision" enthusiast, the remnants of the original homestead and poultry shed are waiting for a creative revival. This property works as hard as you do with 2 driveways and five outbuildings—including a 480sf detached garage, and full RV hookups for your "consultants" (or adventurous guests). A laurel hedge is growing to provide privacy from the road. Whether you’re looking to flip, expand, or establish a multi-generational estate, the infrastructure is in place and the potential is limitless. Bring your plans—Home is calling! FINANCING AVAILABLE, INQUIRE WITH A REAL ESTATE PROFESSIONAL TO SEE REMARKS.
    80 days
    |
    349
    |
    32
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Marcie Martin,

    Martin Real Estate Group,

    TJ Martin,

    Martin Real Estate Group

    Source: NWMLS as distributed by MLS GRID,MLS#: 2520753MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 2
      Heating
      • Fireplace, Heat Pump, Electric, Propane, Wood
      Cooling
      • Heat Pump
      Features
      • Bath Off Primary, Dining Room
      • Flooring: Laminate, Vinyl, Carpet
      • Windows: Dbl Pane/Storm Window
      • Basement: None
      • Number of fireplaces: 1
      • Fireplace features: Gas, Main Level: 1, Fireplace
      Interior area
      • Total structure area: 1,248
      • Total interior livable area: 1,248 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Driveway, Detached Garage, RV Parking
      • Has garage: Yes
      • Covered spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Main
      • Patio & porch: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Wired for Generator
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 3.86 Acres
      • Features: Open Lot, Paved, Value In Land, Deck, High Speed Internet, Outbuildings, RV Parking
      • Topography: Level,Steep Slope
      • Residential vegetation: Brush, Fruit Trees, Garden Space, Wooded
      Details
      • Parcel number: 4585001711
      • Special conditions: Standard
      • Other equipment: Wired for Generator

      Construction

      Type & style
      • Home type: MobileManufactured
      • Architectural style: Manuf-Double Wide
      • Property subtype: Manufactured Home, Manufactured On Land
      Materials
      • Metal/Vinyl
      • Roof: Metal
      Condition
      • Year built: 1976

      Utilities & green energy

      • Electric: Company: Peninsula Light
      • Sewer: Septic Tank, Company: Septic
      • Water: Individual Well, Company: Individual Well
      • Utilities for property: Astound, Astound

      Community & HOA

      Community
      • Subdivision: Home
      Location
      • Region: Lakebay

      Financial & listing details

      • Price per square foot: $300/sqft
      • Tax assessed value: $332,100
      • Annual tax amount: $3,160
      • Date on market: 11/16/2025
      • Cumulative days on market: 255 days
      • Listing terms: Conventional,See Remarks,VA Loan
      • Body type: Double Wide

        Estimated market value

        $365,000

        $347,000 - $383,000

        $2,391/mo

        Price history

        DateEventPrice
        5/9/2026Listed for sale$375,000+83.8%$300/sqft
        Source: NWMLS as distributed by MLS GRID #2520753 Report a problem
        6/28/2022Sold$204,000+2%$163/sqft
        Source: NWMLS as distributed by MLS GRID #1938944 Report a problem
        6/15/2022Pending sale$200,000$160/sqft
        Source: NWMLS as distributed by MLS GRID #1938944 Report a problem
        5/25/2022Listed for sale$200,000+566.7%$160/sqft
        Source: NWMLS as distributed by MLS GRID #1938944 Report a problem
        9/9/1993Sold$30,000$24/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,583 +98.4%$332,100 -7.8%
        2023$3,318 +17.8%$360,200 +13.9%
        2022$2,816 +37.3%$316,300 +63%
        2021$2,051 +57.1%$194,100 +71.3%
        2019$1,305 $113,300 +0.4%
        2018-- $112,900 +26.4%
        2017$2,479 +93.3%$89,300 -0.7%
        2016$1,283 $89,900 -6.4%
        2014$1,283 +4%$96,000 +7.4%
        2013$1,233 $89,400 -0.3%
        2012-- $89,700
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        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.
        Get pre-qualified

        Climate risks

        Neighborhood: 98349

        Getting around

        21 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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