$625,000
Est. $3,177/mo3 bd•2.5 ba•2,537 sq ft
1208 205th Avenue Ct Sw, Lakebay, WA 98349
• Listed 2026-07-12•1 day on market
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Based on information submitted to the MLS GRID as of July 20, 2026 at 01:14pm (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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Get ready to fall in love! Exceptional opportunity in Lakebay is available now and promises to check every box for your lifestyle. Whether it's total privacy, homesteading, work-from-home, homeschooling, multigenerational living, or garage space. It can happen here. Well-maintained 2,537 SQFT main home welcomes you with an idyllic front porch. Inside features a spacious primary suite w/double doors, walk-in closet & full bath. 2 additional bedrooms + bonus room (w/closet) offers more possibilities—home office/playroom/schooling hub/walk-in pantry/gaming retreat or whatever you need! The expansive living room w/grand windows and soaring ceilings that create multiple inviting zones for entertainment and connection. The cozy family room features an elongated fireplace and is currently set up as a billiards area. All of this sits on nearly 5 private acres nestled among majestic trees, offering peace and room to roam. An approved ADU location is fully prepped with its own septic, power, and water—ready for your custom build, manufactured home, or guest suite while maintaining complete privacy between homes. There's still plenty of land left for a massive garage, chicken coops, garden sheds, greenhouses, and other outbuildings to fuel your self-sufficient dreams. Conveniently located just 30 minutes from Allyn, Belfair, and Gig Harbor, and only 10 minutes from Joemma Beach State Park and Penrose Point State Park. Don't miss your chance to own this rare Key Peninsula gem!
Listed by Annette Nitz • Paramount Real Estate Group
Listing updated: July 20, 2026 at 01:14pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2552977
Open houses
$695,000
+$70,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $405K and $690K.
Rental earnings
$2,075/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$569,000Last sold price
20112 13th Street Sw, Lakebay, WA 98349

$405,000Last sold price
19523 17th Street 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.
1208 205th 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
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
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Janet Lee · COMPASS
Lakebay is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: Days-on-market data not available for this area.
$300,000 Sold
6 days ago
1 bd•~864 sq ft•Single Family
1822 190th Avenue Sw, Lakebay, WA 98349
3%
Under list
—
Days on market
1.0 mi
Distance
$614,950 Sold
4 weeks ago
3 bd•1 ba•~1,655 sq ft•Single Family
2219 202nd Avenue Sw, Lakebay, WA 98349
0%
Over list
—
Days on market
0.7 mi
Distance
$569,000 Sold
6 weeks ago
3 bd•2 ba•~2,046 sq ft•Single Family
20112 13th Street Sw, Lakebay, WA 98349
0%
Over list
—
Days on market
0.3 mi
Distance
$350,000 Sold
7 weeks ago
3 bd•2 ba•~1,309 sq ft•Single Family
19612 24th Street Sw, Lakebay, WA 98349
0%
Over list
—
Days on market
1.0 mi
Distance
$397,000 Sold
2 months ago
3 bd•2 ba•~1,504 sq ft•Single Family
19308 22nd Street Ct Sw, Lakebay, WA 98349
4%
Under list
—
Days on market
1.0 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 Jul 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.