$520,000
Listed at $549,9953 bd•2 ba•2,076 sq ft
16618 40th Street Ct Nw, Lakebay, WA 98349
• Listed 2026-04-09
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Welcome to this picture-perfect Pacific Northwest beauty! Stunning, usable flat 1.25 acres in serene Lakebay. Recently remodeled, the seller spared no expense - 2076 sqft of pure bliss! Spacious 3-bedroom plus bonus room/den. Primary has ensuite 5-piece bathroom. New roof, flooring and paint throughout, updated bathrooms and new lawn sprinkler system. Ample parking and a brand new 14x14 shed. Private backyard with stamped concrete pathways leading to a beautiful patio for entertaining. PLUS county has indicated that an ADU can be permitted - seller has a set of building plans and an approved 2-bed septic system permit. There is also a second water connection available for this lot. Hurry on over!
Listed by Johan Bester • Paramount Real Estate Group
Listing updated: August 26, 2026 at 01:49pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2504961
Neighborhood mobility
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.
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 29 days.
$520,000 Sold
2 weeks ago
3 bd•2 ba•~2,076 sq ft•Single Family
16618 40th Street Ct Nw, Lakebay, WA 98349
5%
Under list
—
Days on market
0.1 mi
Distance
$70,000 Sold
3 months ago
•Single Family
17616 30th Street Nw, Lakebay, WA 98349
0%
Over list
—
Days on market
0.9 mi
Distance
$70,000 Sold
4 months ago
•Single Family
17903 Bass Lane Nw, Lakebay, WA 98349
3%
Under list
—
Days on market
0.9 mi
Distance
$520,000 Sold
4 months ago
3 bd•1.75 ba•~1,680 sq ft•Single Family
3609 174th Avenue Nw, Lakebay, WA 98349
1%
Under list
—
Days on market
0.5 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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 26, 2026 at 01:49pm (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.
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.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
See more →
Open Sun, Sep 13
Open Sun, Sep 13$644,000
+$124,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $495K and $700K.
Rental earnings
$1,925/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$520,000Last sold price
16618 40th Street Ct 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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