$215,000
Est. $1,191/mo1905 194th Avenue SW, Lakebay, WA 98349
• Listed Jul 19, 2026•45 days active · 45 cumulative
Listing Broker: Coldwell Banker Bain; McGriz McHugh-Griesmeyer; 253-208-0755; conniemchugh@cbbain.com
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Listing Broker: Coldwell Banker Bain; McGriz McHugh-Griesmeyer; 253-208-0755; conniemchugh@cbbain.com
About this home
Palmer Lake Waterfront buildable parcel provides you with 43' lowbank private beachfront property. The SW view of the lake highlights the future level building site which slopes down to your very own beach. A very lovely 17,926 square foot lot is waiting to provide someone years of enjoyment. You will also be a member of the Palmer Lake Beach Club Community which offers & maintains 2 additional community beaches, parks, playground, docks, launch, sport court & more. Quality of lakeside living is in your future. This peaceful setting & location is just minutes from the town of Home, Joemma State Park & Penrose State Park for saltwater adventures & beach combing. Key Center is a quick drive bringing you additional shopping, resturants and more amendities. Rare opportunity to own & build on the magical Key Peninsula, a true PNW Gem.
Listed by McGriz McHugh-Griesmeyer • Coldwell Banker Bain
Listing updated: September 21, 2026 at 11:39pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2557062
Around this home
How much should you offer?
1905 194th Avenue SW, Lakebay, WA 98349
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Layout
- Res-Less thn 1 Ac
Schools
Ratings via SchoolDiggerPeninsula School District
- Evergreen ElementaryPublic · Grades PK-5 · State rank 308 of 1,1388/10
- Key Peninsula Middle SchoolPublic · Grades 6-8 · State rank 230 of 5146/10
- Peninsula High SchoolPublic · Grades 9-12 · State rank 62 of 3968/10
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.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 0.41 acres
- Lot square feet
- 17,926 sq ft
- Topography
- Level,Sloped
- Lot number
- 3
- Block
- 4
- Lot details
- Paved
Zoning & use
- Zoning description
- Residential,See Remarks
- Zoning jurisdiction
- County
- Possible use
- Residential, See Remarks
- Restrictions
- CC&R,Manufactured Homes OK
- Improvements
- Fenced-Partially
Utilities
- Utilities
- Electricity Connected, Septic Design Installed
- Electricity
- On Property
- Gas
- Not Available
- Water
- Community Well
- Water jurisdiction
- Washington Water
- Water access
- Community Waterfront/Pvt Beach
- Sewer
- Not Available
- Septic installed
- Yes
Road & access
- Road surface
- Paved
- Road responsibility
- County
- Road information
- County Maintained,Paved
Surveys & reports
- Sketch submitted
- No
- Reports and documents completed
- CCRs,Septic "As Built"
Water & irrigation
- Waterfront
- Yes
- Irrigation water rights
- No
Taxes & assessment
- Annual taxes
- $1,900
- Tax year
- 1900
- Senior exemption
- No
- Financing
- Cash, Conventional
- Seller disclosure
- Provided
- Preliminary title ordered
- Yes
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 1905 194th Avenue SW
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.
- Jul 19, 2026ListedNWMLS via MLS Grid · #2557062$215,000
- Oct 30, 2018Recorded salePierce County recorder · Statutory warranty deed$60,000
- Mar 21, 2014SoldNWMLS via MLS Grid · #594992$130,000
- Feb 22, 2014PendingNWMLS via MLS Grid · #594992$139,000
- Feb 19, 2014ListedNWMLS via MLS Grid · #594992$139,000
- Sep 4, 2012Recorded salePierce County recorder · Statutory warranty deed$110,000
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$1,422 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Coldwell Banker Bain; McGriz McHugh-Griesmeyer; 253-208-0755; conniemchugh@cbbain.com
Market pulse
Lakebay is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 92 days.
Recent sales nearby
Within 1 mile · last 6 months$325,000 Sold
3 weeks ago
3 bd•2 ba•~1,456 sq ft•Single Family
19821 23rd Street SW, Lakebay, WA 98349
4%
Under list
39
Days on market
0.2 mi
Distance
$530,000 Sold
3 weeks ago
2 bd•1.75 ba•~864 sq ft•Single Family
1907 194th Avenue SW, Lakebay, WA 98349
1%
Over list
68
Days on market
0.1 mi
Distance
$150,000 Sold
4 weeks ago
•Single Family
1809 208th Avenue SW, Lakebay, WA 98349
6%
Under list
130
Days on market
0.7 mi
Distance
$305,000 Sold
4 weeks ago
2 bd•1.5 ba•~672 sq ft•Single Family
19111 19th st sw, Lakebay, WA 98349
3%
Over list
118
Days on market
0.3 mi
Distance
$611,000 Sold
5 weeks ago
3 bd•2.5 ba•~3,037 sq ft•Single Family
2311 202nd Avenue SW, Lakebay, WA 98349
0%
Over list
301
Days on market
0.4 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 Oct 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 October 21, 2026 at 4:54 AM 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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© 2026 Northwest Multiple Listing Service. All rights reserved.
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