Active
Listed by Nancy Wallace • Coldwell Banker Bain.
FOR SALE
$249,000
Est. $1,256/mo0 Cornwall Road Nw, Lakebay, WA 98349
• Listed 2026-03-18•40 days on market
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About this home
Discover the opportunity to own 12.83 acres of private wooded land, in the peaceful waterfront community of Lakebay, on the scenic Key Peninsula. Tucked away in a tranquil setting, this expansive parcel offers TWO BUILDING SITES, creating the flexibility to design a private estate, multi-generational retreat, or a primary residence with a guest home. Towering evergreens, natural forested surroundings, and abundant wildlife also make it the perfect camping site; surrounded by the privacy and serenity you have been looking for. Life in Lakebay is defined by its relaxed coastal charm, where days are spent exploring nearby shorelines, kayaking or boating along Carr Inlet, visiting local parks, and enjoying a slower pace. Residents appreciate the strong sense of community and easy access to recreation while still being within reach of the shopping, dining, and marinas of Gig Harbor and the amenities of Tacoma and Gig Harbor. Whether you’re looking to build now or invest for the future, this rare acreage offers the chance to own something truly special in one of the peninsula’s most peaceful and naturally beautiful settings.
Property type
Single Family
Year built
Not listed
Open houses
No upcoming open houses scheduled for this property.
Around this home
RexMont Market Signal©
$330,000
+$81,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $250K and $565K.
Rental earnings
$1,000/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
Viewing 1 of 5
$250,000Last sold price
1 beds1 baths580 sq ft
1116 Bayshore Court Nw, Lakebay, WA 98349
$431/sq ft0.7 mi awaysmaller lot
$565,000Last sold price
1 beds1 baths832 sq ft
1617 Von Geldern Cove Road Nw, Lakebay, WA 98349
$679/sq ft1.3 mi awaysmaller lot
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.
RexMont OfferEdge™
How much should you offer?
0 Cornwall Road Nw, Lakebay, WA 98349
List price
$249,000
Down payment
$49,800
Consult a RexMont agent — Contact me now
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
Neighborhood mobility
Walk, bike & transit scores
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Mortgage payment forecast
$1,363 per month
Great ratePrincipal and interest
Property taxes
HOA dues
Home insurance
Takes about 5 minutes & won't affect your credit
Get pre-approvedPlan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of April 28, 2026 at 10:18am (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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