Level, cleared 3.28-acre parcel on the Key Peninsula in Lakebay, South Puget Sound, accessed by a private drive. No wetlands, no HOA, no CCRs. Tacoma-Pierce County Health Department has approved a 5-bedroom gravity on-site sewage system (OSS) design with preliminary site plan, valid through November 2026. The design covers a 3-bedroom main home, a detached 2-bedroom accessory dwelling unit (ADU), and two RV hookup sites. Two level building areas have been cleared, as has the septic area. Power has been extended to the parcel and stubbed. A private well with Variable Frequency Drive system was drilled December 2024, producing 10.5 gallons per minute. A 20ft storage container is on site. Joemma Beach State Park is approximately 1 mile away and Penrose Point State Park approximately 4 miles. Gig Harbor is approximately 30 minutes by car. Peninsula School District. Pierce County parcel.
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Zillow last checked:
Listing updated:
Listed by:
Hilary Cox,
Hawkins Poe
Source: NWMLS as distributed by MLS GRID,MLS#: 2570998
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: $153,700
Annual tax amount: $1,368
Date on market: 5/21/2026
Cumulative days on market: 97 days
Listing terms: Conventional
Electric utility on property: Yes
Road surface type: Gravel
Estimated market value
Zestimate®
$233,400
Estimated sales range
$208,000 - $261,000
Rent Zestimate®
$1,530/mo
Price history
Date
Event
Price
8/25/2026
Pending sale
$249,000
Source: NWMLS as distributed by MLS GRID #2570998Report a problem
8/19/2026
Listed for sale
$249,000-15.6%
Source: NWMLS as distributed by MLS GRID #2570998Report a problem
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.