Listing provided courtesy of Paramount Real Estate GroupNWMLSas Distributed by MLSGrid- MLS# NWM2538462MLS Provider

2 Lot 156th Avenue SWLakebay, WA 98349

Vacant Land · 4.80 Acres
$150,000 Active

2 Lot 156th Avenue SW Overview

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Opportunity is knocking on this shy 5-acre parcel off Delano Road. Previously logged in 2020, the property has been subject to a 6-year building permit moratorium that is now nearing its end, creating a timely opportunity for buyers ready to plan ahead. Driveway freshly paved! The land offers privacy, seclusion, and usable space for future development, with a private gravel easement providing access. The neighboring shy 5-acre parcel is also available, offering the chance to purchase nearly 10 acres total. Enjoy nearby outdoor amenities including Penrose Point State Park and Lakebay Marina. Owner financing may be available with a large down payment. Bring your vision and start preparing for what this property can become.

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2 Lot 156th Avenue SW Facts & Features

  • Type Vacant Land
  • Lot 4.80 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: Key Peninsula South

Tax Information

  • Tax Annual Amount: $1,047.46
  • Tax Year: 2026

General Information

  • Listing Terms: Cash, Conventional, Owner Will Carry, VA Loan
  • Parcel Number: 0020014017
  • Possible Use: Residential
  • 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: Dead End Street, Open Space
  • Lot Size Acres: 4.8
  • Lot Size Dimensions: 320 * 650
  • Lot Size Square Feet: 209088
  • Lot Size Units: Square Feet
  • Property Features: Comm. Grade Timber,Lightly Treed
  • Road Surface Type: Gravel
  • Topography: Level
  • Elevation Units: Feet
  • Water Source: Well Needed

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Structure Type: None

General Information

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

2 Lot 156th Avenue SW 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.

2 Lot 156th Avenue SW 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.

2 Lot 156th Avenue SW 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

2 Lot 156th Avenue SW History

Date Event Value Agent
6/11/2026Source: NWMLS Added to Database
June 11, 2026