$630,000
Listed at $624,9502 bd•2.5 ba•1,768 sq ft
308 Key Peninsula Highway NW, Lakebay, WA 98349
• Listed Jun 17, 2026
RexMont Market Signal for 308 Key Peninsula Highway NW
Sold price on recordRexMont Market Signal $630,000
Closed sale price · as of August 21, 2026, the day it sold.
Market Signal since the sale
$651,851
Likely $615,204 – $799,804 · solid read · as of October 1, 2026
Estimate, not an appraisal.
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.
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A local broker replies within minutes
Listing Broker: PropertiesNW of Gig Harbor Ltd; Hailee Keely; 253-514-1651; Hailee.keely@propertiesnw.com
Buyer Broker: Premier Real Estate Partners
About this home
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: September 21, 2026 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2541483
Around this home
Property details
Interior features
- Water Heater
Kitchen
- Dishwasher
- Microwave
- Refrigerator
- See Remarks
- Stove(s)/Range(s)
Bedrooms
- 2 bedrooms total
- 2 upstairs
Bathrooms
- 2 full bathrooms
- 1 half bathroom
- 2.5 bathrooms total (NWMLS count)
- 1 on the main level
Layout
- 2 Story
- 1,768 sq ft finished
- 528 sq ft garage
Flooring
- Vinyl Plank
- Carpet
Heating & cooling
- Ductless heating
- Wall Furnace heating
- Ductless cooling
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 62 of 3968/10
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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Partial Slope
- Vegetation
- Brush, Fruit Trees, Garden Space, Wooded
- Zoning jurisdiction
- County
Systems
- Energy source
- Electric
- Power production
- Electric
- Water heater
- Electric
- Water heater location
- Garage
- Power company
- Peninsula Light
- Water company
- Shared Well
- Garbage service
- Murrey's
- Irrigation water rights
- No
- Internet connected
- Starlink
Rooms & extras
- Bathtubs
- 2
- Showers
- 2
- Excluded items
- Yes
New construction
- Square footage source
- Realist
- Lot size source
- Realist
- Effective year built source
- Public Records
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 308 Key Peninsula Highway NW
NWMLS via MLS Grid · Pierce County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Aug 21, 2026SoldNWMLS via MLS Grid · #2541483$630,000$356/sq ft
- Jul 26, 2026PendingNWMLS via MLS Grid · #2541483$624,950$353/sq ft
- Jul 26, 2026Price reducedNWMLS via MLS Grid · #2541483$624,950$353/sq ft
- Jun 17, 2026ListedNWMLS via MLS Grid · #2541483$650,000$368/sq ft
- Feb 3, 2021SoldNWMLS via MLS Grid · #1697677$439,950$249/sq ft
- Jan 12, 2021PendingNWMLS via MLS Grid · #1697677$439,950$249/sq ft
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 84 days.
Recent sales nearby
Within 1 mile · last 6 months$325,000 Sold
3 weeks ago
2 bd•2 ba•~1,032 sq ft•Single Family
16602 - 16608 Delano Road, Lakebay, WA 98349
13%
Under list
221
Days on market
0.5 mi
Distance
$120,000 Sold
5 weeks ago
•Single Family
712 Cornwall Road NW, Lakebay, WA 98349
4%
Under list
101
Days on market
1.0 mi
Distance
$110,000 Sold
7 weeks ago
•Single Family
206 184th Avenue Ct NW, Lakebay, WA 98349
8%
Under list
245
Days on market
0.9 mi
Distance
$630,000 Sold
8 weeks ago
2 bd•2.5 ba•~1,768 sq ft•Single Family
308 Key Peninsula Highway NW, Lakebay, WA 98349
1%
Over list
65
Days on market
0.1 mi
Distance
$1,475,000 Sold
3 months ago
3 bd•2.5 ba•~4,012 sq ft•Single Family
311 Cornwall Road NW, Lakebay, WA 98349
0%
Over list
35
Days on market
0.7 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 Oct 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 18, 2026 at 2:16 PM PT (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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