$229,000
Est. $1,168/mo0 Cornwall Road Nw, Lakebay, WA 98349
• Listed 2026-03-18•46 days on market
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Based on information submitted to the MLS GRID as of June 12, 2026 at 11:10am (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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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.
Listed by Nancy Wallace • Coldwell Banker Bain
Listing updated: June 12, 2026 at 11:10am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2494351
Open houses
No upcoming open houses scheduled for this property.
$320,000
+$91,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $250K and $425K.
Rental earnings
$950/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$250,000Last sold price
1116 Bayshore Court Nw, Lakebay, WA 98349
$320,000Last sold price
407 195th Avenue 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.
0 Cornwall Road Nw, Lakebay, WA 98349
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.
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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.
$1,475,000 Sold
6 days ago
3 bd•1 ba•~4,012 sq ft•Single Family
311 Cornwall Road Nw, Lakebay, WA 98349
0%
Over list
—
Days on market
0.7 mi
Distance
$598,000 Sold
2 weeks ago
3 bd•1 ba•~1,656 sq ft•Single Family
17208 3rd Avenue Nw, Lakebay, WA 98349
0%
Over list
—
Days on market
0.9 mi
Distance
$480,000 Sold
4 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
0.7 mi
Distance
$643,000 Sold
5 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
0.7 mi
Distance
$55,000 Sold
6 weeks ago
•Single Family
919 Sanford Avenue, Lakebay, WA 98349
15%
Under list
—
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 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.
