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← Back to search results/Lakebay, WA/16602 - 16608 Delano Road
1 / 40SOLD SEP 28, 2026
Listed by Angie Niethamer • KW North Sound. Buyer represented by KW North Sound.
SOLD SEP 28, 2026

$325,000

Listed at $374,950

2 bd•2 ba•1,032 sq ft

16602 - 16608 Delano Road, Lakebay, WA 98349

• Listed Feb 19, 2026

RexMont Market Signal for 16602 - 16608 Delano Road

Sold price on record

RexMont Market Signal $325,000

Closed sale price · as of September 28, 2026, the day it sold.

Market Signal since the sale

$355,246

Likely $292,911 – $466,682 · wide read: talk to Adriano · as of November 1, 2026

Estimate, not an appraisal.

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.

Your home value, prepared by the designated broker

Adriano ToriPrepared by Adriano ToriFounder & Designated Broker · WA Lic. #27660

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Listing Broker: KW North Sound; Angie Niethamer; 425-346-8301; crownhillangie@gmail.com

Buyer Broker: KW North Sound

About this home

Rare 2.27-acre Lakebay property with strong potential and breath taking views! Property includes an unfinished home with approximately 1,032 sq ft of interior space plus 2 bedrooms and 2 baths with expansive acreage to create a custom home site, shop, ADU, or multi-use space. Located in a quiet rural setting with fully fenced grounds, this parcel offers RV parking, outbuildings, abundant room for toys, livestock, or future improvements, and privacy while still being just minutes from community amenities and Puget Sound access. Interior is unfinished — bring your contractor and transform this space into a one-of-a-kind Lakebay retreat or investment flip. With utilities in place including individual well and septic, there’s tremendous upside for the right buyer. Property Highlights: • Approx. 1,032 sq ft interior space • 2 beds, 2 baths (buyer to verify) • 2.27 acres of usable land (2 Parcels) • Fully fenced — great for pets, pasture, gardening • Outbuildings & storage, plus generous parking and room for shop, ADU, or detached garage • Individual well & septic present • Sold as-is — perfect for investors or buyers seeking a renovation project. This offering presents a significant opportunity to add value through finishing, creative redesign, or expansion in one of Pierce County’s peaceful and scenic rural pockets. Buyer to verify all measurements, zoning, permits, and intended use.

Property type
Single Family
Year built
1920
Interior
1,032 sq ft
Lot size
2.27 acres
Parking
1-car garage
Price / sq ft
$315
HeatingWall Furnace
CoolingNone
Property taxes$3,273/yr (est.)
School districtPeninsula

Listed by Angie Niethamer • KW North Sound

Listing updated: September 29, 2026 at 10:04am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2461648

Around this home

Property details

Interior features

  • Dbl Pane/Storm Window
  • Water Heater

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 2 full bathrooms
  • 2 on the main level

Layout

  • 1 Story
  • 1,032 sq ft finished
  • 282 sq ft garage

Flooring

  • Laminate
  • Vinyl
  • Carpet

Heating & cooling

  • Wall Furnace heating
  • None cooling

Schools

Ratings via SchoolDigger

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.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Equestrian,Level,Partial Slope
Vegetation
Brush, Pasture, Wooded
Zoning code
R10
Zoning jurisdiction
County

Systems

Energy source
Electric
Power production
Electric
Water heater
electric
Power company
Peninsula Light
Irrigation water rights
No

Rooms & extras

Bathtubs
1
Showers
1
Excluded items
No

New construction

Square footage source
realist
Lot size source
98881
Effective year built source
Public Records

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

Opens with the report above.

Sales & Tax Records for 16602 - 16608 Delano Road

NWMLS via MLS Grid · Pierce County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Sep 28, 2026
    Sold
    NWMLS via MLS Grid · #2461648
    $325,000
    $315/sq ft
  2. Aug 26, 2026
    Pending
    NWMLS via MLS Grid · #2461648
    $374,950
    $363/sq ft
  3. Aug 26, 2026
    Price reduced
    NWMLS via MLS Grid · #2461648
    $374,950
    $363/sq ft
  4. Feb 19, 2026
    Listed
    NWMLS via MLS Grid · #2461648
    $399,950
    $388/sq ft
  5. Mar 31, 2022
    Sold
    NWMLS via MLS Grid · #1886519
    $310,000
    $300/sq ft
  6. Mar 2, 2022
    Pending
    NWMLS via MLS Grid · #1886519
    $300,000
    $291/sq ft

Market pulse

Lakebay is a buyer's market.

Inventory is rising and homes are sitting longer. Buyers have room to negotiate.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells for about 1% below list price.

  • Time on market: The average home goes pending in around 93 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $325,000 Sold

    6 weeks ago

    2 bd•2 ba•~1,032 sq ft•Single Family

    16602 - 16608 Delano Road, Lakebay, WA 98349

    13%

    Under list

    221

    Days on market

    0.1 mi

    Distance

  • $630,000 Sold

    3 months ago

    2 bd•2.5 ba•~1,768 sq ft•Single Family

    308 Key Peninsula Highway NW, Lakebay, WA 98349

    1%

    Over list

    65

    Days on market

    0.5 mi

    Distance

  • $1,475,000 Sold

    4 months ago

    3 bd•2.5 ba•~4,012 sq ft•Single Family

    311 Cornwall Road NW, Lakebay, WA 98349

    0%

    Over list

    35

    Days on market

    1.0 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 agent

Market data from MLS GRID / NWMLS · Updated Nov 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of November 7, 2026 at 8:08 PM PT (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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