$875,000
Est. $4,522/mo3 bd•2.5 ba•2,800 sq ft
603 151st Avenue Ct Sw, Lakebay, WA 98349
• Listed 2026-07-03•New today
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Imagine mornings looking at Mt. Rainier & evenings gathered around the fire at your own private beach. Rare Lakebay property offers 120' of waterfront & sweeping views across Delano Bay, Carr Inlet & Puget Sound. Follow steps to water where a 8x16 dock, waterfront patio & firepit area create an unforgettable setting for boating, kayaking, entertaining & peaceful NW living.4 lots totaling 1.03 acres provide exceptional space, privacy & flexibility. 2 waterfront lots include a 1974 rambler w/basement offering approximately 2,800'-3 beds/3 baths. Main level offers kitchen, dining, living areas w/access to view deck, primary suite w/WIC & bath, 2nd bdrm & full bath. Lower level has separate entrance & office, bdrm w/large dressing rm/closet, .75 bath, laundry, expansive family rm opening to paver patio. Flexible layout appeals to multigenerational living, extended guests or buyers wishing to explore vacation-rental or other income-producing possibilities, subject to buyer verification. Other features are oversized 2-car garage, 16x28 flex rm, greenhouse, outbuilding, & RV parking. Across the street, 2 additional lots, detached carport, storage shed, greenhouse & level grassy area. Surrounded by mature trees & abundant wildlife, peaceful waterfront retreat feels worlds & offers remarkable versatility as full-time residence, private getaway, multigenerational retreat or investment opportunity. Waterfront properties with land, frontage & flexibility rarely become available.
Listed by Sophia N. Cosola • John L. Scott, Inc.
Listing updated: September 8, 2026 at 04:07pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2549176
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.
Neighborhood mobility
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.
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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 29 days.
$540,000 Sold
1 week ago
3 bd•2 ba•~1,512 sq ft•Single Family
14919 24th Street Sw, Lakebay, WA 98349
1%
Over list
—
Days on market
1.0 mi
Distance
$55,000 Sold
3 months ago
•Single Family
919 Sanford Avenue, Lakebay, WA 98349
15%
Under list
—
Days on market
0.9 mi
Distance
$1,045,000 Sold
5 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 Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 8, 2026 at 04:07pm (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Open houses
3 datesNearby open houses (1)
See more →
Open Sun, Sep 13$988,000
+$113,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $725K 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
$725,000Last sold price
2918 158th Avenue 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.
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