Listing provided courtesy of Coldwell Banker BainNWMLSas Distributed by MLSGrid- MLS# NWM2494351MLS Provider

0 Cornwall Road NWLakebay, WA 98349

Vacant Land · 12.83 Acres
$229,000 Active

0 Cornwall Road NW Overview

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Discover the opportunity to own 12.83 acres of private wooded land, in the peaceful waterfront community of Lakebay, on the scenic Key Peninsula. Tucked away in a tranquil setting, this expansive parcel offers TWO BUILDING SITES, creating the flexibility to design a private estate, multi-generational retreat, or a primary residence with a guest home. Towering evergreens, natural forested surroundings, and abundant wildlife also make it the perfect camping site; surrounded by the privacy and serenity you have been looking for. Life in Lakebay is defined by its relaxed coastal charm, where days are spent exploring nearby shorelines, kayaking or boating along Carr Inlet, visiting local parks, and enjoying a slower pace. Residents appreciate the strong sense of community and easy access to recreation while still being within reach of the shopping, dining, and marinas of Gig Harbor and the amenities of Tacoma and Gig Harbor. Whether you’re looking to build now or invest for the future, this rare acreage offers the chance to own something truly special in one of the peninsula’s most peaceful and naturally beautiful settings.

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0 Cornwall Road NW Facts & Features

  • Type Vacant Land
  • Lot 12.83 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: Peninsula
  • Elementary School: Evergreen Elem
  • Middle Or Junior School: Key Peninsula Mid
  • High School: Peninsula High

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 4 - Key Peninsula South
  • Subdivision Name: Lakebay

Tax Information

  • Tax Annual Amount: $538.83
  • Tax Year: 2025

General Information

  • Listing Terms: Cash, Conventional, Farm Home Loan, FHA, VA Loan
  • Parcel Number: 0020022004
  • Possible Use: Agricultural
  • Property Sub Type: Land
  • Property Type: Land
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Exterior

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Secluded
  • Lot Size Acres: 12.83
  • Lot Size Square Feet: 558874
  • Lot Size Units: Square Feet
  • Property Features: Brush,Evergreens,Heavily Forested
  • Road Responsibility: Private Maintained Road
  • Topography: See Remarks
  • Vegetation: See Remarks
  • Elevation Units: Feet
  • Water Source: Well Needed

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Structure Type: None

General Information

  • Carport: No
  • Electric On Property: No
  • Sewer: Not Available
  • Utilities: Electricity Available

0 Cornwall Road NW Neighborhood

Community

98349 (Lakebay) Demographics

42
Median Age
121
Population Density (per sq. mile)
34%
College Educated
$73,308
Estimated Median Income
1,802
Estimated Total Home Owners
258
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

0 Cornwall Road NW Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

0 Cornwall Road NW Market Data

Based on the last 30 days in this zip code

$637,771
Average List Price
$341
Average Price per Square Foot
8
Properties Sold
81
Average Days on Market
56
Properties for Sale
Calculations provided by Reliance Network

0 Cornwall Road NW History

Date Event Value Agent
6/9/2026Source: NWMLS Price Reduction
$229,000 -8.0%
4/22/2026Source: NWMLS Added to Database
April 22, 2026