Striking Pacific Northwest architecture meets an unmatched waterfront setting in this thoughtfully designed home on 103 feet of highly usable shoreline. Exposed beams, repeating square design details, and oversized windows draw the eye outward to the water at every turn - a home that feels as intentional as it is welcoming. The primary bedroom is conveniently located on the main floor. Whether you're envisioning a full-time residence or the ultimate waterfront retreat, the layout delivers: gather spaces flow naturally, gear storage is built in, and beach access is effortless. A finished bonus suite above the garage features an updated kitchen and bath — ideal for guests or rental potential. Both buildings received new 50-year roofs in 2024. Outdoor showers, a firepit, and a permitted buoy round out the waterfront amenities, while the private sandspit - exclusive to the gated community of Driftwood Point - offers rare beachcombing, waterfront entertaining, and easy boat launching. This is the waterfront lifestyle, fully realized.
Active
Listed by: Windermere Prof Partners • Nancy Forsythe
$2,800,000
3709 140th Avenue SW, Lakebay, WA 98349
3beds
5,114sqft
Single Family Residence
Built in 1997
1.07 Acres Lot
$2,619,400 Zestimate®
$548/sqft
$23/mo HOA
What's special
Exposed beamsOutdoor showersOversized windowsUnmatched waterfront settingRepeating square design detailsGather spaces flow naturallyPermitted buoy
- 16 days |
- 616 |
- 38 |
Zillow last checked:
Listing updated:
Listed by:
Nancy Forsythe,
Windermere Prof Partners,
Victoria Burgess,
Windermere Prof Partners
Source: NWMLS as distributed by MLS GRID,MLS#: 2528397
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 3
- 1/2 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom
- Level: Second
Bedroom
- Level: Second
Bathroom full
- Level: Second
Bathroom full
- Level: Main
Bathroom full
- Level: Garage
Other
- Level: Lower
Other
- Level: Main
Den office
- Level: Second
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Rec room
- Level: Lower
Heating
- Fireplace, Forced Air, Heat Pump, Electric, Propane
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater Location: basement
Features
- Bath Off Primary, Central Vacuum, Ceiling Fan(s)
- Flooring: Ceramic Tile, Hardwood, Stone, Vinyl Plank
- Doors: French Doors
- Windows: Dbl Pane/Storm Window
- Basement: Finished
- Number of fireplaces: 2
- Fireplace features: Electric, Gas, Lower Level: 1, Main Level: 1, Fireplace
Interior area
- Total structure area: 5,114
- Total interior livable area: 5,114 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage
- Has garage: Yes
- Covered spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Window, Fireplace, French Doors, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Generator
- Has spa: Yes
- Has view: Yes
- View description: Bay, See Remarks, Sound
- Has water view: Yes
- Water view: Bay,Sound
- Waterfront features: Low Bank, Medium Bank, Bayfront, Saltwater, Sound
- Frontage length: Waterfront Ft: 92
Lot
- Size: 1.07 Acres
- Features: Dead End Street, Paved, Deck, Electric Car Charging, Hot Tub/Spa, Patio, Propane, Sprinkler System
- Topography: Partial Slope,Sloped
- Residential vegetation: Garden Space
Details
- Parcel number: 3000180131
- Special conditions: Standard
- Other equipment: Wired for Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary,2 Stories w/Bsmnt
- Property subtype: Single Family Residence
Materials
- Cement Planked, Wood Siding, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Year built: 1997
- Major remodel year: 2009
Details
- Builder name: Kelly Oswald
Utilities & green energy
- Electric: Company: Peninsula Light
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: Peninsula Light
- Utilities for property: Starlink
Community & HOA
Community
- Features: CCRs, Gated, Park
- Subdivision: Lakebay
HOA
- Services included: Common Area Maintenance, Road Maintenance
- HOA fee: $275 annually
Location
- Region: Lakebay
Financial & listing details
- Price per square foot: $548/sqft
- Tax assessed value: $1,558,100
- Annual tax amount: $13,522
- Date on market: 6/22/2026
- Cumulative days on market: 18 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
Estimated market value
$2,619,400
$2.49M - $2.75M
$2,847/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Listed for sale | $2,800,000$548/sqft |
Source:  NWMLS as distributed by MLS GRID #2528397 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $13,522 +8.7% | $1,558,100 +12.9% |
| 2023 | $12,443 -4% | $1,380,600 -8% |
| 2022 | $12,958 +7.2% | $1,500,600 +24.9% |
| 2021 | $12,091 +23.8% | $1,201,200 +23.3% |
| 2019 | $9,770 +2.7% | $974,400 +6% |
| 2018 | $9,514 +18.4% | $919,500 +14.6% |
| 2017 | $8,037 +4.7% | $802,500 +19.7% |
| 2016 | $7,676 | $670,200 +9.7% |
| 2014 | $7,676 -6.8% | $610,700 +6.4% |
| 2013 | $8,239 | $574,000 -10.1% |
| 2012 | -- | $638,300 -1% |
| 2011 | -- | $645,000 -8.6% |
| 2010 | -- | $705,500 |
Find assessor info on the county website
Monthly payment
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Payment breakdown
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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: 2.6 mi
- 4/10Key Peninsula Middle SchoolGrades: 6-8Distance: 6.1 mi
- 8/10Peninsula High SchoolGrades: 9-12Distance: 12.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- Pierce County
- Longbranch
- 98349
- 3709 140th Avenue SW
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