Vacant residential acreage on the Key Peninsula, South Puget Sound. 3.28-acre cleared lot in Lakebay on a private drive. No wetlands, no HOA, no CCRs. A 5-bedroom gravity on-site sewage system (OSS) design with preliminary site plan has been approved by Tacoma-Pierce County Health Department. The design includes a 3-bedroom main home, a detached 2-bedroom accessory dwelling unit (ADU), and two RV hookup sites. Two level areas have been cleared on the property. Septic area has been cleared. OSS approval valid through November 2026. Power has been extended to the parcel and stubbed. A private well with Variable Frequency Drive system was drilled in December 2024, producing 10.5 gallons per minute. A 20ft storage container is on site. Joemma Beach State Park is approximately 1 mile from the property. Penrose State Park is approximately 4 miles away. Gig Harbor is approximately 30 minutes by car. Located in the Peninsula School District. Pierce County parcel.
50 days
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120
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8
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Zillow last checked:
Listing updated:
Listed by:
Hilary Cox,
Hawkins Poe
Source: NWMLS as distributed by MLS GRID,MLS#: 2519417
Facts & features
Interior
Features
Has fireplace: No
Interior area
Total structure area: 0
Property
Features
Has view: Yes
View description: Territorial
Lot
Size: 3.26 Acres
Features: Dead End Street, Secluded, Comm. Grade Timber, Lightly Treed, Partially Cleared
Topography: Level
Details
Parcel number: 0020107005
Zoning description: Residential,Jurisdiction: County
Special conditions: Standard
Utilities & green energy
Electric: On Property
Gas: Not Available
Sewer: Not Available, Septic: Gravity, Septic Design Applied
Water: Private Well, Jurisdiction: Private Well
Utilities for property: Electricity Connected, Septic Design Applied
Community & HOA
Community
Subdivision: Lakebay
Location
Region: Lakebay
Financial & listing details
Tax assessed value: $144,200
Annual tax amount: $1,368
Date on market: 5/22/2026
Cumulative days on market: 50 days
Listing terms: Conventional
Electric utility on property: Yes
Road surface type: Gravel
Estimated market value
Zestimate®
$236,500
Estimated sales range
$213,000 - $263,000
Rent Zestimate®
$1,530/mo
Price history
Date
Event
Price
5/22/2026
Listed for sale
$275,000-6.8%
Source: NWMLS as distributed by MLS GRID #2519417Report a problem
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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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.