$1,000,000
Listed at $1,083,0004 bd•3 ba•2,953 sq ft
8802 Key Peninsula Highway NW, Lakebay, WA 98349
• Listed Jun 24, 2026
RexMont Market Signal for 8802 Key Peninsula Highway NW
Sold price on recordRexMont Market Signal $1,000,000
Closed sale price · as of September 14, 2026, the day it sold.
Market Signal since the sale
$868,243
Likely $678,603 – $1,145,807 · wide read: talk to Adriano · as of November 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.
Your home value, prepared by the designated broker
Prepared by Adriano ToriFounder & Designated Broker · WA Lic. #27660Own a home near 8802 Key Peninsula Highway NW? This sale moved its value.
Adriano Tori prepares your home's value from the closed sales around it, this one counted, within 24 hours. No automated estimate, no obligation.
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Watching: Lakebay $800K–$1.2M · 4+ bd
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Listing Broker: COMPASS; Megan Wiese; 253-987-1778
Buyer Broker: Real Broker LLC
About this home
Significant price reduction! You are sure to fall in love with this private Northwest retreat! Nestled on over 2.5 picturesque acres in the heart of Lakebay, this exceptional property offers the perfect balance of privacy and convenience… just a short walk to the charming town center, grocery store, and local restaurants. Surrounded by breathtaking territorial views and abundant wildlife, you'll enjoy the peaceful lifestyle you've been dreaming of. The spacious home is designed for comfort and connection to the outdoors. The expansive primary suite is a true sanctuary, featuring a cozy fireplace and direct deck access to the hot tub for relaxing under the stars. Large windows and vaulted cedar ceilings capture the beauty of the surrounding landscape. Outside, summer memories await with a sparkling pool, freshly painted pool deck, and brand-new diving board. Equestrian enthusiasts and homesteaders alike will appreciate the 5-stall horse barn, ample space for an arena, separate pastures, and thoughtfully designed transition alleys for seasonal grazing or managing animals with ease. A rare opportunity to enjoy country living, recreation, and small-town charm all in one remarkable property.
Listed by Megan Wiese • COMPASS
Listing updated: September 15, 2026 at 08:05pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2544943
Around this home
Property details
Interior features
- Bath Off Primary
- Built-In Vacuum
- Ceiling Fan(s)
- Dbl Pane/Storm Window
- Dining Room
- Fireplace
- Fireplace (Primary Bedroom)
- French Doors
- Hot Tub/Spa
- Skylight(s)
- Sprinkler System
- Vaulted Ceiling(s)
- Wet Bar
- Wine/Beverage Refrigerator
- Wired for Generator
- 3 fireplaces (gas)
- Daylight basement
Kitchen
- Dishwasher
- Double Oven
- Microwave
- Refrigerator
- Stove(s)/Range(s)
Bedrooms
- 4 bedrooms total
- 4 on the main level
Bathrooms
- 1 full bathroom
- 2 three-quarter bathrooms (shower, no tub)
- 1 half bathroom
- 3 bathrooms total (NWMLS count)
- 3 on the main level
Layout
- 1 Story w/Bsmnt.
- 2,953 sq ft finished
- 1,216 sq ft garage
Flooring
- Bamboo/Cork
- Ceramic Tile
- Hardwood
- Carpet
Heating & cooling
- Heat Pump heating
- Central Air cooling
Schools
Ratings via SchoolDigger- Vaughn Elementary SchoolPublic · Grades PK-5 · 1.1 mi · State rank 536 of 1,1386/10
- Key Peninsula Middle SchoolPublic · Grades 6-8 · 2.1 mi · State rank 230 of 5146/10
- Gig Harbor HighPublic · Grades 9-12 · 6.7 mi · State rank 52 of 3968/10
Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Equestrian,Level,Partial Slope
- Vegetation
- Fruit Trees, Garden Space, Pasture
Systems
- Energy source
- Electric
- Power production
- Electric
- Irrigation water rights
- No
Rooms & extras
- Pool
- In-Ground
- Spa
- Yes
- Bathtubs
- 1
- Showers
- 3
- Fireplaces on main
- 2
- Fireplaces lower level
- 1
New construction
- Square footage source
- Realist
- Lot size source
- Realist
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 8802 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.
- Sep 14, 2026SoldNWMLS via MLS Grid · #2544943$1,000,000$339/sq ft
- Aug 14, 2026PendingNWMLS via MLS Grid · #2544943$1,083,000$367/sq ft
- Aug 14, 2026Price reducedNWMLS via MLS Grid · #2544943$1,083,000$367/sq ft
- Jun 24, 2026ListedNWMLS via MLS Grid · #2544943$1,183,000$401/sq ft
- May 14, 2013SoldNWMLS via MLS Grid · #456516$340,000$115/sq ft
- Apr 5, 2013PendingNWMLS via MLS Grid · #456516$350,000$119/sq ft
Market pulse
Lakebay is a buyer's market.
Inventory is rising and homes are sitting longer. Buyers have room to negotiate.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 93 days.
Recent sales nearby
Within 1 mile · last 6 months$424,000 Sold
1 week ago
2 bd•1 ba•~967 sq ft•Single Family
16511 84th Street NW, Lakebay, WA 98349
4%
Under list
92
Days on market
0.5 mi
Distance
$1,000,000 Sold
8 weeks ago
4 bd•3 ba•~2,953 sq ft•Single Family
8802 Key Peninsula Highway NW, Lakebay, WA 98349
8%
Under list
82
Days on market
0.1 mi
Distance
$725,000 Sold
2 months ago
3 bd•2.75 ba•~3,792 sq ft•Single Family
16318 82nd Street NW, Lakebay, WA 98349
9%
Under list
147
Days on market
0.6 mi
Distance
$160,000 Sold
3 months ago
•Single Family
8909 Key Peninsula Highway NW, Lakebay, WA 98349
0%
Over list
—
Days on market
0.1 mi
Distance
$1,103,501 Sold
3 months ago
3 bd•3.75 ba•~3,672 sq ft•Single Family
9012 146th Avenue NW, Lakebay, WA 98349
5%
Over list
38
Days on market
0.8 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 Nov 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 November 7, 2026 at 8:08 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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