$155,000
Est. $782/mo20116 9th Street Sw, Lakebay, WA 98349
• Listed 2026-05-26•12 days on market
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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.
Open houses
No upcoming open houses scheduled for this property.
$350,000
+$195,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $320K and $530K.
Rental earnings
$1,050/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$320,000Last sold price
407 195th Avenue Sw, Lakebay, WA 98349

$530,000Last sold price
19214 21st Street 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.
20116 9th Street Sw, 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.
Neighborhood mobility
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$893 per month
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 26, 2026 at 01:40pm (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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Listed by Julia Runyan • RE/MAX Exclusive
Listing updated: May 26, 2026 at 01:40pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2529539
Lakebay is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: Days-on-market data not available for this area.
$397,000 Sold
2 weeks ago
3 bd•2 ba•~1,504 sq ft•Single Family
19308 22nd Street Ct Sw, Lakebay, WA 98349
4%
Under list
—
Days on market
1.0 mi
Distance
$470,000 Sold
4 weeks ago
3 bd•2.5 ba•~1,470 sq ft•Single Family
19107 17th Street Ct Sw, Lakebay, WA 98349
0%
Over list
—
Days on market
0.8 mi
Distance
$118,000 Sold
7 weeks ago
•Single Family
0 Tiedman Road Sw, Lakebay, WA 98349
1%
Over list
—
Days on market
0.6 mi
Distance
$375,000 Sold
7 weeks ago
3 bd•2 ba•~1,296 sq ft•Single Family
1810 193rd Avenue Sw, Lakebay, WA 98349
1%
Over list
—
Days on market
0.7 mi
Distance
$320,000 Sold
4 months ago
1 bd•1 ba•~960 sq ft•Single Family
407 195th Avenue Sw, Lakebay, WA 98349
3%
Over 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 Jun 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.