$149,950
Est. $801/moPrice reduced $5,050 from the original $155,000 asking price
20116 9th Street Sw, Lakebay, WA 98349
• Listed May 26, 2026•127 days active · 127 cumulative
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Listing Broker: RE/MAX Exclusive; Julia Runyan; 253-549-5110; juliarunyanrealestate@gmail.com
About this home
Beautiful level and nicely treed parcel located in a peaceful gated enclave near Joemma Beach State Park in desirable Lakebay on the Key Peninsula. This private setting offers a rare opportunity to build your dream home or peaceful getaway surrounded by the natural beauty the Pacific Northwest is known for. Water and power are already on site, and the septic design is currently in renewal, creating an exceptional head start for future development. Tucked within a small private enclave with only two other homes nearby, the property offers a sense of privacy, tranquility, and connection to nature. Enjoy all that the Key Peninsula lifestyle has to offer with nearby Joemma Beach and Penrose Point State Park, local farms, seasonal farm stands, agritourism, hiking, boating, kayaking, fishing, and endless outdoor recreation. The area is known for its welcoming community atmosphere, beautiful shoreline, towering evergreens, and highly regarded Peninsula School District. Whether you envision a full-time residence or weekend retreat, this beautiful property provides the perfect canvas to create something truly special in one of the most charming and naturally beautiful areas of the South Puget Sound.
Listed by Julia Runyan • RE/MAX Exclusive
Listing updated: September 21, 2026 at 09:30am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2529539
Open houses
No upcoming open houses scheduled for this property.
Around this home
How much should you offer?
20116 9th Street Sw, Lakebay, WA 98349
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
Neighborhood mobility
Walk, bike & transit scores
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
Schools
Ratings via SchoolDiggerPeninsula School District
- Evergreen ElementaryPublic · Grades PK-5 · State rank 308 of 1,1388/10
- Key Peninsula Middle SchoolPublic · Grades 6-8 · State rank 230 of 5146/10
- Peninsula High SchoolPublic · Grades 9-12 · State rank 92 of 4388/10
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.
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.
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
$910 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%.
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Market pulse
Lakebay 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 very close to list price.
Time on market: The average home goes pending in around 95 days.
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 September 21, 2026 at 09:30am (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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