Private luxury custom retreat on 15 breathtaking acres designed with intention, craftsmanship & timeless beauty. Beyond the gated entry, dramatic open living spaces & expansive floor-to-ceiling windows capture peaceful surroundings while filling the home with natural light. Living areas flow seamlessly onto a covered patio overlooking lush landscaping & tranquil grounds. The chef’s kitchen with dual islands was thoughtfully designed for entertaining & everyday luxury. Striking soapstone wood-burning cook stove & elegant dual-sided gas fireplace create warmth & inviting gathering spaces. Stunning primary suite offers a beautifully appointed ensuite, serene views & patio access. Two guest bedrooms each feature private baths, creating comfort & privacy for guests or multigenerational living. With 4,012 sq ft of living space, two laundry rooms, 2,456 sq ft garage space for up to 8 vehicles with workshop potential & 753 sq ft unfinished space above garage with private entrance, for future expansion, this property offers exceptional flexibility. Trails, fruit trees, sprinkler system, outbuildings, equipment carport, wired for generator, Astound high-speed internet, 1,500-gallon water tank & private well with Variable Frequency Drive system producing 20 GPM add long-term value. Minutes to Gig Harbor, Hwy 16 & future Lakebay Marina redevelopment. Inspection report available upon request.
Active
Listed by: Morrison House Sotheby's Intl
$1,475,000
311 Cornwall Road NW, Lakebay, WA 98349
3beds
4,765sqft
Single Family Residence
Built in 2018
15 Acres Lot
$1,433,000 Zestimate®
$310/sqft
$-- HOA
What's special
Fruit treesPatio accessNatural lightSerene viewsEquipment carportStunning primary suiteSprinkler system
- 1 day |
- 168 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Anne Watkins,
Morrison House Sotheby's Intl
Source: NWMLS as distributed by MLS GRID,MLS#: 2541724
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Lower
Bathroom three quarter
- Level: Main
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Great room
- Level: Main
Kitchen with eating space
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, 90%+ High Efficiency, Heat Pump, Recirculation Pump, Stove/Free Standing, Electric, Propane, Wood
Cooling
- 90%+ High Efficiency, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Water Heater: Electric, Water Heater Location: Lower garage
Features
- Bath Off Primary, Central Vacuum, Dining Room, High Tech Cabling, Pantry
- Flooring: Ceramic Tile, Engineered Hardwood, Vinyl Plank, Carpet
- Doors: French Doors
- Windows: Dbl Pane/Storm Window
- Basement: Daylight,Finished
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning, Main Level: 2, Fireplace
Interior area
- Total structure area: 4,765
- Total interior livable area: 4,765 sqft
Video & virtual tour
Property
Parking
- Total spaces: 14
- Parking features: Detached Carport, Driveway, Attached Garage, RV Parking
- Has attached garage: Yes
- Has carport: Yes
- Covered spaces: 8
- Uncovered spaces: 6
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Built-In Vacuum, Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, High Tech Cabling, Pantry, Security System, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wired for Generator
- Has view: Yes
- View description: Territorial
Lot
- Size: 15 Acres
- Features: Open Lot, Paved, Secluded, Deck, Fenced-Partially, Gated Entry, High Speed Internet, Outbuildings, Patio, Propane, RV Parking, Sprinkler System
- Topography: Level,Partial Slope
- Residential vegetation: Brush, Fruit Trees, Garden Space, Wooded
Details
- Parcel number: 0021353019
- Special conditions: Standard
- Other equipment: Wired for Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Cement Planked, Wood Products, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition,Metal
Condition
- Year built: 2018
- Major remodel year: 2018
Utilities & green energy
- Electric: Company: PenLight
- Sewer: Septic Tank
- Water: Individual Well, Private
- Utilities for property: Astound, Astound
Community & HOA
Community
- Security: Security System
- Subdivision: Lakebay
Location
- Region: Lakebay
Financial & listing details
- Price per square foot: $310/sqft
- Tax assessed value: $1,403,400
- Annual tax amount: $6,709
- Date on market: 4/29/2026
- Cumulative days on market: 51 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Estimated market value
$1,433,000
$1.36M - $1.50M
$5,137/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/17/2026 | Listed for sale | $1,475,000+953.6%$310/sqft |
Source:  NWMLS as distributed by MLS GRID #2541724 Report a problem | ||
| 9/11/2014 | Sold | $140,000+64.7%$29/sqft |
Source: NWMLS as distributed by MLS GRID #587984 Report a problem | ||
| 3/3/2004 | Sold | $85,000+54.2%$18/sqft |
Source: Public Record Report a problem | ||
| 1/24/2003 | Sold | $55,139+8.6%$12/sqft |
Source: Public Record Report a problem | ||
| 6/1/2000 | Sold | $50,776$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,583 -32.4% | $1,091,456 +0.3% |
| 2023 | $9,735 +4.2% | $1,087,963 0% |
| 2022 | $9,343 -7.3% | $1,088,180 +7.7% |
| 2021 | $10,084 +140.4% | $1,010,000 +22.9% |
| 2019 | $4,194 +165.9% | $821,500 +109.5% |
| 2018 | $1,577 +14.9% | $392,200 +193.1% |
| 2017 | $1,372 +3.1% | $133,800 +27.7% |
| 2016 | $1,331 | $104,800 -1.8% |
| 2014 | $1,331 +4.7% | $106,700 +7.7% |
| 2013 | $1,271 | $99,100 +0.2% |
| 2012 | -- | $98,900 -20.8% |
| 2011 | -- | $124,800 -22.2% |
| 2010 | -- | $160,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
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Climate risks
Neighborhood: 98349
Nearby schools
GreatSchools rating
- 6/10Evergreen Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 4/10Key Peninsula Middle SchoolGrades: 6-8Distance: 3.4 mi
- 8/10Peninsula High SchoolGrades: 9-12Distance: 11.5 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Washington
- Pierce County
- Lakebay
- 98349
- 311 Cornwall Road NW
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