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    • Listed by: COMPASS • Megan Wiese
    $1,183,000

    8802 Key Peninsula Highway NW, Lakebay, WA 98349

    4beds
    2,953sqft
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    Single Family Residence
    Built in 1975
    2.6 Acres Lot
    $1,132,800 Zestimate®
    $401/sqft
    $-- HOA

    What's special

    Sparkling poolCozy fireplaceSeparate pasturesLarge windowsExpansive primary suiteBrand-new diving boardFreshly painted pool deck
    Welcome to your own private Northwest retreat! Nestled on over 2.5 picturesque acres in the heart of Lakebay, this exceptional property offers the perfect balance of privacy and convenience… just a short walk to the charming town center, grocery store, and local restaurants. Surrounded by breathtaking territorial views and abundant wildlife, you'll enjoy the peaceful lifestyle you've been dreaming of. The spacious home is designed for comfort and connection to the outdoors. The expansive primary suite is a true sanctuary, featuring a cozy fireplace and direct deck access to the hot tub for relaxing under the stars. Large windows and vaulted cedar ceilings capture the beauty of the surrounding landscape. Outside, summer memories await with a sparkling pool, freshly painted pool deck, and brand-new diving board. Equestrian enthusiasts and homesteaders alike will appreciate the 5-stall horse barn, ample space for an arena, separate pastures, and thoughtfully designed transition alleys for seasonal grazing or managing animals with ease. A rare opportunity to enjoy country living, recreation, and small-town charm all in one remarkable property.
    26 days
    |
    931
    |
    55
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Megan Wiese,

    COMPASS

    Source: NWMLS as distributed by MLS GRID,MLS#: 2544943MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 1
      • 3/4 bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 3
      • Main level bedrooms: 4
      Primary bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bedroom
      • Level: Main
      Bathroom three quarter
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom three quarter
      • Level: Main
      Other
      • Level: Lower
      Dining room
      • Level: Main
      Entry hall
      • Level: Main
      Kitchen with eating space
      • Level: Main
      Living room
      • Level: Main
      Rec room
      • Level: Lower
      Utility room
      • Level: Lower
      Heating
      • Fireplace, Heat Pump, Electric
      Cooling
      • Has cooling: Yes
      Appliances
      • Included: Dishwasher, Double Oven, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Microwave(s), Refrigerator(s)
      Features
      • Bath Off Primary, Central Vacuum, Ceiling Fan(s), Dining Room
      • Flooring: Bamboo/Cork, Ceramic Tile, Hardwood, Carpet
      • Doors: French Doors
      • Windows: Dbl Pane/Storm Window, Skylight(s)
      • Basement: Daylight
      • Number of fireplaces: 3
      • Fireplace features: Gas, Lower Level: 1, Main Level: 2, Fireplace
      Interior area
      • Total structure area: 2,953
      • Total interior livable area: 2,953 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Attached Carport, Driveway, Detached Garage, RV Parking
      • Has garage: Yes
      • Has carport: Yes
      • Covered spaces: 4
      • Uncovered spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Main
      • Patio & porch: Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Hot Tub/Spa, Skylight(s), Sprinkler System, Vaulted Ceiling(s), Wet Bar, Wine/Beverage Refrigerator, Wired for Generator
      • Pool features: In Ground, In-Ground
      • Has spa: Yes
      • Spa features: Indoor
      • Has view: Yes
      • View description: Territorial
      Lot
      • Size: 2.6 Acres
      • Features: Paved, Secluded, Barn, Cable TV, Deck, Fenced-Fully, Gas Available, Gated Entry, High Speed Internet, Hot Tub/Spa, Outbuildings, Patio, Propane, RV Parking, Shop, Sprinkler System, Stable
      • Topography: Equestrian,Level,Partial Slope
      • Residential vegetation: Fruit Trees, Garden Space, Pasture
      Details
      • Parcel number: 0021012024
      • Special conditions: Standard
      • Other equipment: Leased Equipment: Propane tank, Wired for Generator

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: 1 Story w/Bsmnt.
      • Property subtype: Single Family Residence
      Materials
      • Wood Products
      • Foundation: Poured Concrete
      • Roof: Composition
      Condition
      • Year built: 1975

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Individual Well

      Community & HOA

      Community
      • Subdivision: Key Center
      Location
      • Region: Lakebay

      Financial & listing details

      • Price per square foot: $401/sqft
      • Tax assessed value: $762,000
      • Annual tax amount: $7,003
      • Date on market: 6/23/2026
      • Cumulative days on market: 28 days
      • Listing terms: Conventional,FHA,USDA Loan,VA Loan
      • Inclusions: Dishwasher(s), Double Oven, Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s)

        Estimated market value

        $1,132,800

        $1.08M - $1.19M

        $3,949/mo

        Price history

        DateEventPrice
        6/25/2026Listed for sale$1,183,000+247.9%$401/sqft
        Source: NWMLS as distributed by MLS GRID #2544943 Report a problem
        5/14/2013Sold$340,000+9.8%$115/sqft
        Source: NWMLS as distributed by MLS GRID #456516 Report a problem
        4/23/2012Sold$309,750-13.9%$105/sqft
        Source: Public Record Report a problem
        3/15/2012Price change$359,950+20%$122/sqft
        Source: Priority One Realty, Inc Report a problem
        12/7/2011Price change$299,950-6%$102/sqft
        Source: Priority One Realty Inc Report a problem
        10/21/2011Price change$319,000-3%$108/sqft
        Source: Priority One Realty Inc #279675 Report a problem
        10/3/2011Price change$329,000-17.5%$111/sqft
        Source: Priority One Realty Inc #279675 Report a problem
        10/1/2011Price change$399,000+17.7%$135/sqft
        Source: Priority One Realty, Inc #279675 Report a problem
        9/26/2011Price change$339,000+4.6%$115/sqft
        Source: Owner Report a problem
        9/13/2011Price change$324,000-7.2%$110/sqft
        Source: Owner Report a problem
        9/9/2011Price change$349,000-22.3%$118/sqft
        Source: Owner Report a problem
        9/1/2011Price change$449,000+25.1%$152/sqft
        Source: Owner Report a problem
        8/26/2011Price change$359,000-1.6%$122/sqft
        Source: Owner Report a problem
        7/28/2011Price change$365,000-2.7%$124/sqft
        Source: Owner Report a problem
        6/16/2011Price change$375,000-3.6%$127/sqft
        Source: Owner Report a problem
        6/11/2011Price change$389,000-2.5%$132/sqft
        Source: Owner Report a problem
        4/1/2011Listed for sale$399,000$135/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,622 -2%$762,000 +1.5%
        2023$6,760 +4.6%$750,700 +0.4%
        2022$6,462 +7%$747,600 +24.8%
        2021$6,038 +15.6%$599,200 +14.6%
        2019$5,223 +4.9%$523,000 +6.3%
        2018$4,978 +12.7%$491,900 +17.1%
        2017$4,416 +20%$420,000 +32.1%
        2016$3,679 $318,000 +8.9%
        2014$3,679 +3.6%$292,000 +10.7%
        2013$3,550 $263,700 -3.6%
        2012-- $273,600 -3.7%
        2011-- $284,200 -7.3%
        2010-- $306,600 +33.1%
        2001$3,114 $230,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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

        Getting around

        39 / 100
        Car-Dependent
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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