Bring your dreams and favorite builder! Beautiful Olympic Mountain views from this pristine gently rolling 2.5 acre parcel ready for your custom home located on scenic Key Peninsula! Situated in wonderful Herron Heights neighborhood on a privately maintained road with power and water available at the site, this treed lot offers privacy but is only minutes to highway 302 and shopping. Located close to Joemma and Penrose State Parks, public boat launches. Property is situated between 7th St to the North and Russel Road to the South offering a choice of where to situate your perfect home for Olympic Mountain views, seclusion and privacy!
Active
Listed by: Homes of Washington • Stephen D. Heuer
$350,000
20906 7th St. SW, Lakebay, WA 98349
--beds
--baths
2.5Acres
Unimproved Land
Built in ----
2.5 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Beautiful olympic mountain viewsTreed lot offers privacyPrivately maintained road
- 76 days |
- 22 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Stephen D. Heuer,
Homes of Washington
Source: NWMLS as distributed by MLS GRID,MLS#: 2507112
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Features
- Has view: Yes
- View description: Mountain(s), Territorial
Lot
- Size: 2.5 Acres
- Dimensions: 370 x 300
- Features: Dead End Street, Lightly Treed
- Topography: Rolling
Details
- Parcel number: 2100040250
- Zoning description: Residential,Jurisdiction: County
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: Not Available
- Sewer: Not Available
- Water: Available, Jurisdiction: Palmer Lake Water System
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: Lakebay
Location
- Region: Lakebay
Financial & listing details
- Tax assessed value: $118,600
- Annual tax amount: $1,084
- Date on market: 4/20/2026
- Cumulative days on market: 77 days
- Listing terms: Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,622/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Listed for sale | $350,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,043 +6.5% | $118,600 +10.6% |
| 2023 | $980 +17.1% | $107,200 +13% |
| 2022 | $837 +10.3% | $94,900 +28.9% |
| 2021 | $759 +41% | $73,600 +46% |
| 2019 | $538 +5.7% | $50,400 +3.1% |
| 2018 | $509 +10.6% | $48,900 +18.1% |
| 2017 | $461 +4.8% | $41,400 +17.9% |
| 2016 | $440 | $35,100 +3.5% |
| 2014 | $440 -12.3% | $33,900 -8.1% |
| 2013 | $501 | $36,900 -2.6% |
| 2012 | -- | $37,900 |
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.
Climate risks
Neighborhood: 98349
Nearby schools
GreatSchools rating
- 6/10Evergreen Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 4/10Key Peninsula Middle SchoolGrades: 6-8Distance: 4.8 mi
- 8/10Peninsula High SchoolGrades: 9-12Distance: 13.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- Pierce County
- Lakebay
- 98349
- 20906 7th St. SW






