1916 Key Peninsula Highway NW, Lakebay, WA 98349

• 2 beds |
• 2 baths |
• 1,248 sqft

Property Description

Affordable One Level Home on Acreage! Situated just 30 minutes from the creature comforts of Gig Harbor on the beautiful Key Peninsula, this nearly 4-acre spread near the tiny town of Home is full of potential. Bring your vision goggles and make it yours. The heavy lifting has already been done: you’ve got a brand-new septic system, an upgraded well, a metal roof, and a heat pump to keep things cozy. Whether you choose to remodel the existing home or utilize the previous 2-bedroom build approval to create something new, you’ll be surrounded by a year-round stream, a private pond, and fruit trees. For the "Bring Your Vision" enthusiast, the remnants of the original homestead and poultry shed are waiting for a creative revival. This property works as hard as you do with 2 driveways and five outbuildings—including a 480sf detached garage, and full RV hookups for your "consultants" (or adventurous guests). A laurel hedge is growing to provide privacy from the road. Whether you’re looking to flip, expand, or establish a multi-generational estate, the infrastructure is in place and the potential is limitless. Bring your plans—Home is calling!

Listing Status:

Active

Data Last Updated:

July 5, 2026 at 6:22PM

Listing Office:

Martin Real Estate Group : 360-602-1035

Listing Agent:

Marcie Martin : 360-602-1035

MLS ID:

2520753

Interior

• General: Bath Off PrimaryDbl Pane/Storm WindowDining RoomFireplaceWired for Generator
• Basement: None
• Flooring: LaminateVinylCarpet
• A/C: Heat Pump
• Heating: Heat Pump
• Fireplace: GasFireplaceFireplaces: 1

Exterior

• General: Metal/Vinyl
• Parking: DrivewayDetached GarageRV ParkingParking spaces: 2

Construction

• Roofing: Metal
• General: One

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Peninsula
• County: Pierce

Lot

• Topography: LevelSteep Slope
• Zoning: 4585001711
• View: TerritorialView

Utilities

• Water: Individual Well
• Sewer: Septic Tank

Financial

• Source: nwmls