$915,000
Est. $4,709/mo3 bd•2.5 ba•2,800 sq ft
603 151st Avenue Ct Sw, Lakebay, WA 98349
• Listed 2026-07-03•12 days on market
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Based on information submitted to the MLS GRID as of August 5, 2026 at 02:42pm (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.
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Rare opportunity to own a waterfront property in the heart of Lakebay with stunning views of Delano Bay, Carr Inlet, Puget Sound and majestic Mt Rainier. Follow the steps leading to your own beach with 8x16 dock, waterfront patio and firepit area. There are 4 lots total (1.03 acres), the 2 waterfront lots feature the home and approximately 120 feet of waterfront. Built in 1974, this well built rambler with basement offers 2,800 sq ft of living space with 3 bedrooms and 3 baths. On the main floor you'll find the kitchen, dining and living rooms and access to the private deck showcasing breathtaking views. The primary suite features a walk-in closet and private bath. The main floor also includes a second bedroom and full bath. The lower level has its own entrance for added privacy, an office, bedroom with a large dressing room/closet, a 3/4 bath and laundry area. The huge bonus room leads out to the paver patio. Oversized 2 car garage, plus don't miss the 16x28 flex space off of the garage; use for storage/shop/hobby room, make it your own! Partially fenced with greenhouse and outbuilding. Plenty of room for an RV. The other 2 lots are across the street where you'll find another greenhouse, a storage shed, detached carport, plus a flat grassy area. Surrounded by mature forest, the setting offers privacy and abundant wildlife. Waterfront homes in this area rarely become available, making this an exceptional opportunity!
Listed by Sophia N. Cosola • John L. Scott, Inc.
Listing updated: August 5, 2026 at 02:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2549176
Open houses
2 dates$988,000
+$73,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $620K and $1.04M.
Rental earnings
$2,975/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$1,045,000Last sold price
1403 S Head Avenue Sw, Lakebay, WA 98349
$895,000Last sold price
2723 Key Peninsula Highway 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.
603 151st Avenue Ct 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.
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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 21 days.
$55,000 Sold
2 months ago
•Single Family
919 Sanford Avenue, Lakebay, WA 98349
15%
Under list
—
Days on market
0.9 mi
Distance
$1,045,000 Sold
4 months ago
2 bd•2.25 ba•~2,210 sq ft•Single Family
1403 S Head Avenue Sw, Lakebay, WA 98349
13%
Under list
—
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 Aug 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.
