$899,900
Est. $4,985/moPrice reduced $95,100 from the original $995,000 asking price
2 bd•2 ba•2,058 sq ft
20515 21st Street NW, Lakebay, WA 98349
• Listed Jun 23, 2026•117 days active · 117 cumulative
Listing Broker: Windermere Prof Partners; Kimber Parker; 206-948-8041; kimber@kimberparker.com
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Listing Broker: Windermere Prof Partners; Kimber Parker; 206-948-8041; kimber@kimberparker.com
About this home
Architecturally inspired & beautifully sited on nearly two acres of medium-bank waterfront, this extraordinary custom residence captures sweeping views of the Sound, majestic mountains & Heron Island ferry. Inspired by renowned modernist architect Richard Meier & thoughtfully designed by acclaimed Gig harbor architect James E. Kaczmarek, the home is a striking blend of contemporary design & natural beauty. Floor-to-ceiling windows, soaring skylights, graceful coved architectural details, & an open-concept layout fill the home with abundant natural light & frame the ever-changing waterfront vistas. Main level features a refined kitchen & expansive gathering spaces opening to 2 view decks. Upstairs, 2 luxurious primary suites each enjoy private baths, view balconies, including a grand waterfront retreat & a second more secluded sanctuary. Lofted seating area overlooks the dining room & spectacular views beyond. Step outside, add a path down to the beach, to embrace an exceptional waterfront lifestyle with endless opportunities to explore the shoreline just beyond your doorstep. Or simply relax & enjoy spectacular sunsets. Wildlife abounds with eagles, seals, orcas, & deer frequenting the property. Detached 2-car garage w/workshop, flex space, & storage complements the lush grounds adorned w/fruit trees, flowering gardens & mature landscaping, creating a truly exceptional PNW estate. Amazing View ADU potential on the property or above the garage for income or multi-gen living.
Listed by Kimber Parker • Windermere Prof Partners
Listing updated: October 6, 2026 at 12:27pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2542607
Around this home
How much should you offer?
20515 21st Street NW, 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
Interior features
- Second Primary Bedroom
- Bath Off Primary
- Dbl Pane/Storm Window
- Dining Room
- Skylight(s)
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Water Heater
Kitchen
- Dishwasher
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 2 bedrooms total
- 2 upstairs
Bathrooms
- 2 three-quarter bathrooms (shower, no tub)
- 1 half bathroom
- 2 bathrooms total (NWMLS count)
- 1 on the main level
Layout
- 1 1/2 Story
- 2,058 sq ft finished
- 563 sq ft garage
Flooring
- Ceramic Tile
- Laminate
- Carpet
Heating & cooling
- Forced Air heating
- None cooling
Schools
Ratings via SchoolDiggerPeninsula School District
- Buyer To VerifyPublic · Grades Elementary—
- 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
- Level,Partial Slope,Sloped
- Vegetation
- Brush, Fruit Trees, Garden Space, Wooded
- Faces
- West
Systems
- Energy source
- Propane
- Power production
- Propane
- Water heater
- Propane
- Water heater location
- Kitchen Closet
- Power company
- Pen Light
- Water company
- Well
- Sewer company
- Septic
- Gas company
- CHS Northwest
- Garbage service
- Murray's
- Irrigation water rights
- No
- Internet connected
- Astound Broadband
Rooms & extras
- Showers
- 2
- Excluded items
- No
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 20515 21st Street NW
NWMLS via MLS GridEvery 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.
- Oct 6, 2026Price reducedNWMLS via MLS Grid · #2542607$899,900$437/sq ft
- Jun 23, 2026ListedNWMLS via MLS Grid · #2542607$995,000$483/sq ft
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.
Northwest MLS lists this home as eligible for down payment assistance programs
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
$5,335 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%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Windermere Prof Partners; Kimber Parker; 206-948-8041; kimber@kimberparker.com
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$420,000 Sold
3 months ago
3 bd•2 ba•~1,512 sq ft•Single Family
18618 27th Street NW, Lakebay, WA 98349
6%
Under list
125
Days on market
0.9 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 1:09 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.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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