Discover the myriad of possibilities on this gently sloping 5.56-acre parcel in beautiful Lakebay on the Key Peninsula! Whether you envision a custom dream home, hobby farm, private retreat, or peaceful country getaway, this property offers the space and flexibility to bring your vision to life. An existing dirt road provides access through the property, with potential building areas on either the east or west side. Enjoy views across your own expansive pasture, framed by strips of mature trees along both the eastern and western borders, providing a wonderful blend of open space, privacy, and natural beauty. Lakebay is known for its scenic surroundings and peaceful, rural character, yet you’re only approximately 18 miles from Gig Harbor and its shopping, dining, and amenities. Three additional 5.56-acre parcels are also available and offered separately, creating a unique opportunity for those seeking additional acreage. Must be accompanied by WA State real estate agent with approved appointment.
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Zillow last checked:
Listing updated:
Listed by:
Nathan Ellis,
Gateway Real Estate
Source: NWMLS as distributed by MLS GRID,MLS#: 2565902
Facts & features
Interior
Features
Has fireplace: No
Interior area
Total structure area: 0
Property
Features
Has view: Yes
View description: Territorial
Lot
Size: 5.56 Acres
Topography: Sloped
Details
Parcel number: 0020031021
Zoning description: Jurisdiction: County
Special conditions: Standard
Utilities & green energy
Electric: In Street
Gas: Not Available
Sewer: Not Available
Water: Well Needed
Utilities for property: Electricity Available
Community & HOA
Community
Subdivision: Lakebay
Location
Region: Lakebay
Financial & listing details
Tax assessed value: $91,300
Annual tax amount: $843
Date on market: 8/6/2026
Cumulative days on market: 3 days
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,867/mo
Price history
Date
Event
Price
8/8/2026
Listed for sale
$120,000
Source: NWMLS as distributed by MLS GRID #2565902Report a problem
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.
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.