$389,000
Est. $2,108/moPrice reduced $40,000 from the original $429,000 asking price
5118 Key Peninsula Highway SW, Longbranch, WA 98351
• Listed Mar 12, 2026•218 days active · 218 cumulative
Listing Broker: Redfin; Alan Johnson; 360-620-4403; alan.johnson@redfin.com
Talk to a local RexMont expert
A local broker replies within minutes
Listing Broker: Redfin; Alan Johnson; 360-620-4403; alan.johnson@redfin.com
About this home
Discover the potential of this 20.73-acre parcel in the peaceful Longbranch area, just minutes from scenic Filucy Bay. This expansive property offers a beautiful blend of heavily forested landscape and partially cleared areas, creating a natural setting with flexibility for a variety of future plans. Towering evergreens provide privacy, shade, and the feeling of being surrounded by nature, while the cleared portions open the door to envisioning building sites, recreational spaces, or a retreat away from the pace of the city. Quiet of the woods add to the sense of seclusion while still being conveniently located near the water. Whether you are looking for a quiet getaway, a place to explore the outdoors, or land to shape into your vision over time, this property offers space, natural beauty, and opportunity. Enjoy the best of the Pacific Northwest landscape with room to roam, mature trees, and a location that keeps you close to the charm and recreation of Filucy Bay and the surrounding Longbranch community.
Listed by Alan Johnson • Redfin
Listing updated: September 17, 2026 at 11:42am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2488989
Open houses
No upcoming open houses scheduled for this property.
Around this home
How much should you offer?
5118 Key Peninsula Highway SW, Longbranch, WA 98351
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Res-Over 1 Acre
Schools
Ratings via SchoolDiggerPeninsula School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
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.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 20.73 acres
- Lot square feet
- 902,999 sq ft
- Topography
- Level,Rolling,Sloped
- Lot details
- Dead End Street
Zoning & use
- Zoning code
- Pierce
- Zoning jurisdiction
- County
- Restrictions
- Unknown
- Easements
- Historical gravel driveway
- Improvements
- Dwelling,Fenced-Partially
Utilities
- Utilities
- Electricity Connected
- Electricity
- On Property
- Gas
- Not Available
- Water
- Drilled Well, Well Site Approved
- Sewer
- Not Available
Road & access
- Road surface
- Paved
- Road responsibility
- County
- Road information
- County Maintained,Paved
- Road on which side
- North
Surveys & reports
- Soil feasibility test
- Yes
- Sketch submitted
- No
- Reports and documents completed
- Geotech,Septic "As Built",Wetland Delineation
Water & irrigation
- Waterfront
- Yes
- Irrigation water rights
- No
Taxes & assessment
- Annual taxes
- $2,272
- Tax year
- 2025
- Financing
- Cash, Conventional
- Seller disclosure
- Provided
- Preliminary title ordered
- Yes
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.
Opens with the report above.
Sales & Tax Records for 5118 Key Peninsula Highway SW
NWMLS via MLS Grid · Pierce County AssessorEvery 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.
- Sep 17, 2026Price reducedNWMLS via MLS Grid · #2488989$389,000
- Mar 12, 2026ListedNWMLS via MLS Grid · #2488989$429,000
- Jul 14, 2020Recorded salePierce County recorder · Statutory warranty deed$140,000
Down payment assistance
6 programs may be available to provide you with up to $19,450 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$2,394 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Redfin; Alan Johnson; 360-620-4403; alan.johnson@redfin.com
Market pulse
Longbranch is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
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 184 days.
Recent sales nearby
Within 1 mile · last 6 months$349,950 Sold
3 months ago
1 bd•1 ba•~756 sq ft•Single Family
4803 165th Avenue SW, Longbranch, WA 98351
0%
Over list
168
Days on market
0.5 mi
Distance
$613,000 Sold
4 months ago
2 bd•0.75 ba•~768 sq ft•Single Family
6714 156th Avenue SW, Longbranch, WA 98351
1%
Under list
39
Days on market
0.8 mi
Distance
$482,000 Sold
5 months ago
2 bd•2 ba•~1,216 sq ft•Single Family
17306 65th Street SW, Longbranch, WA 98351
1%
Over list
41
Days on market
0.8 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 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 9, 2026 at 11:56 AM 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.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
