


308 Key Peninsula Highway NWLakebay, WA 98349
Single Family · 2 Beds · 2 Full Baths · 1 Half Bath · 1,768 Sq. ft. | 4.74 Acres308 Key Peninsula Highway NW Overview
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Welcome to Lakebay, where life slows down and there's finally room to live the way you've always imagined. Set on 4.74 usable acres behind an expansive gated driveway, this charming country property offers the perfect balance of privacy, comfort, and opportunity. Surrounded by mature trees and beautiful afternoon views, the property invites you to embrace the outdoors. Enjoy summer evenings on the newer patio, pick cherries from your own tree, explore your land while winding through the scenic wooded portion of the property, or create the hobby farm you've always dreamed about. With ample open space, the land is well-suited for animals, gardens, recreational vehicles, outdoor hobbies, and so much more. Inside, the home offers a functional and comfortable layout that lives like a 3-bedroom home, with a spacious primary suite featuring an ensuite bath and walk-in closet. The inviting kitchen provides plenty of room to gather, while modern systems and thoughtful updates help make everyday living easy. A shared well serves the property, and multiple outbuildings provide valuable storage space for tools, equipment, recreational gear, or livestock supplies. Properties like this are becoming increasingly difficult to find. Offering nearly five acres of usable land, privacy, flexibility, and the peaceful lifestyle the Key Peninsula is known for, this is more than just a home. It's an opportunity to create the lifestyle you've been searching for.
308 Key Peninsula Highway NW Facts & Features
- Type Single Family
- Sq. ft. 1,768
- Price/Sq.ft. $368
- Lot 4.74 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
Building Information
- New Construction: No
- Year Built: 2017
Location/Region
- Country: US
- County Or Parish: Pierce
- MLS Area Major: 4 - Key Peninsula South
- Subdivision Name: Lakebay
Rent/Lease Information
- Land Lease: No
Tax Information
- Tax Annual Amount: $5,408.30
- Tax Year: 2026
General Information
- Inclusions: Dishwasher(s), Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s)
- Listing Terms: Cash, Conventional, FHA, VA Loan
- Parcel Number: 0021354030
- Property Condition: Very Good
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Senior Community: No
- Special Listing Conditions: None
Interior
Building Information
- Building Information: Built On Lot
Parking Information
- Garage: Yes
Beds/Baths
- Bathrooms Full: 2
- Bathrooms Half: 1
- Bathrooms Three Quarter: 0
- Bathrooms Total: 3
- Bedrooms Total: 2
- Bedrooms Lower: 0
- Bedrooms Possible: 2
- Bedrooms Upper: 2
Building Interior
- Appliances Included: Dishwasher(s), Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s)
- Building Area Total: 1768
- Building Area Units: Square Feet
- Calculated Square Footage: 1768
- Square Footage Finished: 1768
- Square Footage Unfinished: 0
General Information
- Appliances: Dishwasher, Microwave, Refrigerator, See Remarks, Stove(s)/Range(s)
- Cooling: Yes
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl Plank, Carpet
- Foundation Details: Poured Concrete
- Heating: Yes
- Interior Features: Water Heater
- Levels: Two
- Living Area: 1768
- Main Level Bathrooms: 1
- Main Level Bedrooms: 0
- Power Production Type: Electric
- Security Features: Security Gate
Exterior
Parking Information
- Open Parking: No
- Parking Features: Driveway, Attached Garage, RV Parking
- Parking Total: 4
- Parking Uncovered Total: 2
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 4.74
- Lot Size Square Feet: 206474
- Lot Size Units: Square Feet
- Site Features: Gated Entry, Outbuildings, RV Parking
- Topography: Partial Slope
- Vegetation: Brush,Fruit Trees,Garden Space,Wooded
- Elevation Units: Feet
- Water Source: Shared Well
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Attached Garage: Yes
- Roof: Composition
- Structure Type: House
General Information
- Carport: No
- Covered Spaces: 2
- Exterior Features: Cement Planked
- Sewer: Septic Tank
Room Information
Room: Bathroom Half
- Level: Main
Room: Dining Room
- Level: Main
Room: Family Room
- Level: Main
Room: Kitchen With Eating Space
- Level: Main
Room: Living Room
- Level: Main
Room: Utility Room
- Level: Main
Room: Bathroom Full
- Level: Second
Room: Bathroom Full
- Level: Second
Room: Bedroom
- Level: Second
Room: Extra Fin Room
- Level: Second
Room: Primary Bedroom
- Level: Second
308 Key Peninsula Highway NW Neighborhood
Community
98349 (Lakebay) Demographics
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.308 Key Peninsula Highway NW Monthly Cost
308 Key Peninsula Highway NW Market Data
Based on the last 30 days in this zip code
308 Key Peninsula Highway NW History
| Date | Value | Agent |
|---|---|---|
| 6/17/2026Source: NWMLS | June 17, 2026 |
|
| 6/20/2022Source: NWMLS | June 01, 2021 |













































