$590,000
Est. $3,049/mo3 bd•2.5 ba•2,537 sq ft
1208 205th Avenue Ct Sw, Lakebay, WA 98349
• Listed 2026-07-12•14 days on market
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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. Recently updated with new flooring, windows and HVAC system! 2537 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/place for woodstove, grand windows and soaring ceilings that create multiple inviting zones for entertainment & connection. The cozy family room features an elongated fireplace and is currently set up as a billiards area. Sits on nearly 5 private acres nestled among majestic trees, offering peace and room to roam. An approved ADU location is fully prepped w/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 & other outbuildings to fuel your self-sufficient dreams. Conveniently located just 30 minutes from Allyn, Belfair &Gig Harbor, 7 only 10 minutes from Joemma Beach State Park & Penrose Point State Park. Call your broker today to see!
Listed by Annette Nitz • Paramount Real Estate Group
Listing updated: August 24, 2026 at 08:43pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2552977
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.
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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.
$485,000 Sold
5 weeks ago
2 bd•1.5 ba•~1,970 sq ft•Single Family
19113 21st Street Sw, Lakebay, WA 98349
2%
Over list
—
Days on market
1.0 mi
Distance
$324,500 Sold
7 weeks ago
3 bd•1 ba•~710 sq ft•Single Family
2308 197th Avenue Sw, Lakebay, WA 98349
2%
Over list
—
Days on market
0.8 mi
Distance
$480,000 Sold
7 weeks ago
3 bd•2 ba•~1,782 sq ft•Single Family
719 Tiedeman Road, Lakebay, WA 98349
0%
Over list
—
Days on market
0.3 mi
Distance
$300,000 Sold
8 weeks ago
1 bd•0.75 ba•~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
3 months ago
3 bd•1.75 ba•~1,655 sq ft•Single Family
2219 202nd Avenue Sw, Lakebay, WA 98349
0%
Over list
—
Days on market
0.7 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 August 24, 2026 at 08:43pm (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
Nearby open houses (2)
See more →
Open Sun, Sep 13
Open Sun, Sep 13$682,000
+$92,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $405K and $575K.
Rental earnings
$2,050/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
$480,000Last sold price
719 Tiedeman Road, 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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