$624,950
Est. $3,177/mo2 bd•2.5 ba•1,768 sq ft
308 Key Peninsula Highway Nw, Lakebay, WA 98349
• Listed 2026-06-17•8 days on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of July 13, 2026 at 04:44pm (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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Welcome to Lakebay, where life slows down and there's finally room to live the way you've always imagined. Set on 4.74 usable acres behind an expansive gated driveway, this charming country property offers the perfect balance of privacy, comfort, and opportunity. Surrounded by mature trees and beautiful afternoon views, the property invites you to embrace the outdoors. Enjoy summer evenings on the newer patio, pick cherries from your own tree, explore your land while winding through the scenic wooded portion of the property, or create the hobby farm you've always dreamed about. With ample open space, the land is well-suited for animals, gardens, recreational vehicles, outdoor hobbies, and so much more. Inside, the home offers a functional and comfortable layout that lives like a 3-bedroom home, with a spacious primary suite featuring an ensuite bath and walk-in closet. The inviting kitchen provides plenty of room to gather, while modern systems and thoughtful updates help make everyday living easy. A shared well serves the property, and multiple outbuildings provide valuable storage space for tools, equipment, recreational gear, or livestock supplies. Properties like this are becoming increasingly difficult to find. Offering nearly five acres of usable land, privacy, flexibility, and the peaceful lifestyle the Key Peninsula is known for, this is more than just a home. It's an opportunity to create the lifestyle you've been searching for.
Listed by Hailee Keely • PropertiesNW of Gig Harbor Ltd
Listing updated: July 13, 2026 at 04:44pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2541483
Open houses
8 dates$720,000
+$95,050 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $489K and $950K.
Rental earnings
$2,150/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$610,000Last sold price
10 Cornwall Road Sw, Lakebay, WA 98349
$950,000Last sold price
16617 Delano Road 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.
308 Key Peninsula Highway 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.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,784 per month
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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 22 days.
$598,000 Sold
4 days ago
3 bd•1 ba•~1,656 sq ft•Single Family
17208 3rd Avenue Nw, Lakebay, WA 98349
0%
Over list
—
Days on market
0.8 mi
Distance
$480,000 Sold
3 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
0.6 mi
Distance
$643,000 Sold
4 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
0.5 mi
Distance
$55,000 Sold
5 weeks ago
•Single Family
919 Sanford Avenue, Lakebay, WA 98349
15%
Under list
—
Days on market
0.9 mi
Distance
$120,000 Sold
3 months ago
•Single Family
14516 45th Street Sw #10, Lakebay, WA 98349
4%
Under list
—
Days on market
0.6 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
