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    • Listed by: Windermere PeninsulaProperties • Cheri Gale
    Bought with: Up Realty, Inc.
    $670,000

    22 Key Peninsula Highway SW, Lakebay, WA 98349

    3beds
    1,558sqft
    Single Family Residence
    Built in 2000
    3 Acres Lot
    $657,200 Zestimate®
    $430/sqft
    $2,484 Estimated rent

    Home value

    $657,200

    $611,000 - $710,000

    $2,484/mo

    Zestimate® history
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    What's special

    Fruit treesRanch styleTwo fenced pasturesModern kitchenFinished space for hobbiesUpdated bathroomsWest facing territorial view
    Key Peninsula area Ranch Style on 3 acres! MULTI-GENERATIONAL LIVING OPPORTUNITY. Easy commute to Gig Harbor, minutes from Penrose Point & Joemma Beach State Parks. Home features modern kitchen, updated bathrooms, & attached two-car garage. Enjoy an open-concept living area with a west facing territorial view. The detached 1296 SF garage/flex space is complete with kitchen & 3/4 bath, heat pump/air conditioning, finished space for hobbies, entertaining. Another outbuilding serves as a home office. Two fenced pastures & fruit trees on site. Large paved parking area includes two RV hookup locations w/power & water. Great schools. This unique property promises comfort & convenience, with endless possibilities as a base for outdoor adventures!

    Zillow last checked:

    Listing updated:

    Listed by:

    Cheri Gale,

    Windermere PeninsulaProperties,

    Bob Flett,

    Windermere PeninsulaProperties

    Bought with:

    Jansen Braaten, 129690

    Up Realty, Inc.

    Source: NWMLS as distributed by MLS GRID,MLS#: 2317723MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bedroom
    • Level: Main
    Bathroom full
    • Level: Main
    Bathroom three quarter
    • Level: Main
    Other
    • Level: Garage
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, Forced Air, Electric
    Cooling
    • Ductless
    Appliances
    • Included: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: Electric, Water Heater Location: Laundry Room
    Features
    • Bath Off Primary, Ceiling Fan(s)
    • Flooring: Laminate, Vinyl, Carpet
    • Windows: Double Pane/Storm Window
    • Basement: None
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 1,558
    • Total interior livable area: 1,558 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached Garage, Detached Garage, Off Street, RV Parking
    • Attached garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Fireplace, Laminate, Walk-In Pantry, Water Heater
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 3 Acres
    • Features: Cable TV, Outbuildings, RV Parking
    • Topography: Level,Partial Slope
    • Residential vegetation: Brush, Garden Space, Wooded
    Details
    • Parcel number: 0020021022
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Northwest Contemporary,1 Story
    • Property subtype: Single Family Residence
    Materials
    • Cement Planked, Wood Siding, Wood Products, Cement Plank
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Good
    • Year built: 2000

    Utilities & green energy

    • Electric: Company: Peninsula Light
    • Sewer: Septic Tank, Company: On-site Septic System
    • Water: Individual Well, Private, Company: Private Well

    Community & HOA

    Community
    • Subdivision: Lakebay
    Location
    • Region: Lakebay

    Financial & listing details

    • Price per square foot: $430/sqft
    • Tax assessed value: $597,200
    • Annual tax amount: $4,700
    • Date on market: 12/20/2024
    • Listing terms: Conventional,USDA Loan,VA Loan
    • Inclusions: Dishwasher(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    5/8/2025Sold$670,000-4.1%$430/sqft
    Source: NWMLS as distributed by MLS GRID #2317723 Report a problem
    3/16/2025Pending sale$699,000$449/sqft
    Source: NWMLS as distributed by MLS GRID #2317723 Report a problem
    12/20/2024Listed for sale$699,000+141.9%$449/sqft
    Source: NWMLS as distributed by MLS GRID #2317723 Report a problem
    9/14/2016Listing removed$289,000+3.9%$185/sqft
    Source: Keller Williams - Gig Harbor #914992 Report a problem
    8/26/2016Sold$278,219-7.2%$179/sqft
    Source: NWMLS as distributed by MLS GRID #914992 Report a problem
    12/2/2015Listing removed$299,950$193/sqft
    Source: The Force Realty #864268 Report a problem
    10/28/2015Listed for sale$299,950+1053.7%$193/sqft
    Source: The Force Realty #864268 Report a problem
    8/19/1997Sold$26,000$17/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,291 +11.8%$597,200 +10.6%
    2024$4,733 +0.7%$539,800 +4.4%
    2023$4,700 +3.4%$517,000 -0.8%
    2022$4,547 +9.1%$521,000 +27.3%
    2021$4,168 +19.3%$409,200 +21.4%
    2019$3,492 +4.5%$337,100 +3.9%
    2018$3,341 +12.8%$324,500 +16.7%
    2017$2,961 +55.3%$278,000 +23.9%
    2016$1,907 $224,300 +9.6%
    2014$1,907 +1.9%$204,600 +2.4%
    2013$1,871 $199,800 +3.8%
    2012-- $192,400 -14.9%
    2011-- $226,000 -7%
    2010-- $243,000 -11.2%
    2009-- $273,800 -1%
    2008$1,424 $276,500 +5.1%
    2007$1,424 -26.5%$263,000 +79%
    2002$1,936 +5%$146,900 +1.7%
    2001$1,844 $144,400
    Find assessor info on the county website

    Neighborhood: 98349

    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.

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