$418,500
Listed at $425,0003 bd•2 ba•1,392 sq ft
5117 Key Peninsula Highway Nw, Lakebay, WA 98349
• Listed 2025-10-01
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Lakebay Charmer! Welcome to this beautifully updated 2.26 acre Lakebay home featuring 3 bedrooms & 2 bathrooms. Step inside to find a spacious kitchen w/ an eating area, complemented by new hardware throughout the home. Enjoy the comfort of new vinyl plank flooring, plush carpet & modern light fixtures that brighten every room. The entire home has been refreshed w/ new interior and exterior paint, giving it a clean, move-in ready feel. Step outside to your own retreat with a private rock patio and deck, perfect for relaxing or entertaining. With thoughtful updates inside and out, this property combines comfort, style, and privacy in a serene setting. Don’t miss your chance to own this Lakebay charmer — ready for your finishing touches!
Open houses
No upcoming open houses scheduled for this property.
$535,000
+$116,500 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $387K and $804K.
Rental earnings
$1,600/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$418,500Last sold price
5117 Key Peninsula Highway Nw, Lakebay, WA 98349
$700,000Last sold price
4207 159th Avenue Ct Nw, 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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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of December 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Listed by Megan DeHan • Highest Offer
Listing updated: December 22, 2025 at 04:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2428464
$350,000
1207 E Madrona Boulevard Nw, Lakebay, WA 98349
Christopher Floyd · Morrison House Sotheby's Intl
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.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
