$762,500
Listed at $795,0003 bd•2 ba•1,778 sq ft
1218 166th Avenue Ct Nw, Lakebay, WA 98349
• Listed 2025-06-11
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Based on information submitted to the MLS GRID as of September 22, 2025 at 04:05am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Spectacular waterfront property on the shores of Von Geldren Cove in sleepy Lakebay. 148 feet of prime low-bank frontage with concrete bulkhead, boat house & boat launch. 3 parcels included in the sale totaling 2.01 acres. Western exposure with breathtaking sunsets from an expansive lawn that stretches from the main home to the water’s edge. Single level main home with a fully remodeled kitchen, new flooring and interior paint. Spacious primary with remodeled bathroom. Bright and airy great room with vaulted ceilings and slider doors out to the full length deck to soak in the views. Excellent clam and oyster beds. Huge parking pads for RV's and boat trailers! Great as investment and/or AirBnb too!
Listed by Patrick W. Mercado • PropertiesNW of Gig Harbor Ltd
Listing updated: September 22, 2025 at 04:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2391602
Open houses
No upcoming open houses scheduled for this property.
$724,000
-$38,500 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $489K and $950K.
Rental earnings
$2,175/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$762,500Last sold price
1218 166th Avenue Ct Nw, Lakebay, WA 98349

$610,000Last sold price
10 Cornwall Road Sw, Lakebay, WA 98349
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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Lakebay is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 22 days.
$598,000 Sold
5 days ago
3 bd•1 ba•~1,656 sq ft•Single Family
17208 3rd Avenue Nw, Lakebay, WA 98349
0%
Over list
—
Days on market
0.4 mi
Distance
$480,000 Sold
3 weeks ago
3 bd•1 ba•~1,092 sq ft•Single Family
17816 Herron Road Nw, Lakebay, WA 98349
3%
Over list
—
Days on market
0.8 mi
Distance
$643,000 Sold
4 weeks ago
3 bd•2 ba•~1,440 sq ft•Single Family
17310 Herron Road Nw, Lakebay, WA 98349
3%
Over list
—
Days on market
0.4 mi
Distance
$65,000 Sold
5 weeks ago
•Single Family
0 D Street Nw, Lakebay, WA 98349
7%
Under list
—
Days on market
0.6 mi
Distance
$120,000 Sold
3 months ago
•Single Family
14516 45th Street Sw #10, Lakebay, WA 98349
4%
Under list
—
Days on market
0.6 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
Peninsula School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.