Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$995,000

  • For Sale
  • Under Contract
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 3,039 Sq. Ft.
  • 2 Car Garage
  • Updated 8 days ago

Listed by Amber Eaden | Compass | (425) 242-6440 and Nicole Ji | Compass | (206) 353-2146

See This Home
Save This Home
See This Home
Save This Home
Nestled in a tranquil country setting, this gorgeous 9-acre retreat offers peaceful living just minutes from Key Center! This charming one story home boasts vaulted ceilings that bring in beautiful natural light. Enjoy fresh fruit from your orchard and stroll the meandering trails throughout the property. Your animals can stretch out in the barn with two oversized stalls, complete with a fully insulated and heated tack room. A 30x36 ft shop is ideal for the car enthusiast or has ample room to store all your recreational toys. Work from home in your detached bonus space or use as playroom. Perfect for a hobby farm or bring the dirt bikes and quads. Set far back from the highway, you can relish the seclusion of your personal sanctuary.

Full Property Details for 5227 Key Peninsula Hwy NW

General

  • Price: $995,000
  • Taxes: $7,575 (2025)
  • Status: Under Contract
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2421576
  • Updated: 1/9/2026
  • Added to Site: 156 day(s) ago

Interior

  • Interior Features: Bath Off Primary, Dining Room, Fireplace, Hot Tub/Spa, Jetted Tub, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wired for Generator
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Bamboo/Cork, Ceramic Tile

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Floor Baths: 3
  • Main - 1/2 Baths: 1

Bedrooms

  • Total Bedrooms: 4
  • Bedrooms Main: 4

Additional Information

  • Amenities: Arena-Outdoor, Barn, Fenced-Partially, Gated Entry, Hot Tub/Spa, Outbuildings, Patio, RV Parking, Shop
  • Spa: Yes
  • Security/Safety: Partially Fenced, Security Gate

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Driveway, Detached Garage, RV Parking

Location

  • Area: 9 - Key Peninsula North
  • County: Pierce
  • Subdivision: Lakebay
  • Driving Directions: From HWY 16, take SR 302 NW to Key Peninsula HWY NW. Driveway is on left, house is down the gravel road approximately 1, 000 ft off Key Peninsula HWY.

School Information

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

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Forced Air, Heat Pump
  • Heating Type: Forced Air, Heat Pump, High Efficiency (Unspecified), Stove/Free Standing
  • Water Heater: electric

Utilities

  • Sewer: Septic Tank
  • Water: Individual Well, Private

Structural Information

  • Architectural Style: Traditional
  • Structure Type: House
  • Exterior Const.: Cement/Concrete
  • Basement Desc.: None
  • Foundation: Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 3,039
  • Finished Total: 3,039 Sq. Ft.
  • Year Built: 2006
  • Property Condition: Good

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 9.1
  • Lot Size (Sq. Ft.): 396,396
  • Lot Size Source: public records
  • Topography: Equestrian, Level
  • Lot Features: Secluded
  • Trees/Vegetation: Brush, Fruit Trees, Garden Space, Pasture, Wooded

Financial Considerations

  • Tax Amount: $7,575
  • Tax Year: 2025
  • Terms: Cash Out, Conventional

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 21137001

Listed by Amber Eaden | Compass | (425) 242-6440 and Nicole Ji | Compass | (206) 353-2146

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Get a Great Insurance Rate

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 5227 Key Peninsula Hwy NW

School District:Peninsula School District
NameGradesDistance
Vaughn Elementary School
17521 Hall Road Northwest, Vaughn, WA 98394
PK-52.9 mi
Key Peninsula Middle School
5510 Key Peninsula Hwy N, Lakebay, WA 98349
6-80.4 mi
Peninsula High School
14105 Purdy Drive, Gig Harbor, WA 98332
9-128.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5227 Key Peninsula Hwy NW Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/15/2025
Listed
$995,000
172.68%
MLS
9/24/2007
Sold
$364,900
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5227 Key Peninsula Hwy NW

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,575
5%
$874,000
9%
2024
$7,243
4%
$805,300
-1%
2023
$6,990
8%
$809,900
26%
2022
$6,456
3%
$641,600
11%
2021
$6,239
2%
$579,500
8%
2020
$6,089
11%
$537,700
8%
2018
$5,480
—
$498,700
8%
2018
$5,480
17%
$463,500
15%
2017
$4,675
5%
$402,200
12%
2016
$4,435
15%
$359,300
11%
2014
$3,848
—
$322,600
8%
2014
$3,848
—
$297,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5227 Key Peninsula Hwy NW

$
Down Payment
%
$
%

$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Amber Eaden | Compass | (425) 242-6440 and Nicole Ji | Compass | (206) 353-2146

Recent Sales near 5227 Key Peninsula Hwy NW

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

19709 Whiteman Cove Rd SW, Longbranch, WA 98351 - Photo 1 Sold
$885,000

19709 Whiteman Cove Rd SW  Longbranch, WA 98351

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,734
    Sq. Ft.
Listed by Aarde Aarde | Better Properties N. Proctor and Kendra Varadi | Better Properties N. Proctor
Sold by Spencer Hutchins | Keller Williams West Sound
331 E Robbins Rd, Grapeview, WA 98546 - Photo 1 Sold
$874,900

331 E Robbins Rd  Grapeview, WA 98546

  • Single Family
  • Closed
  • 2
    Beds
  • 2
    Total Baths
  • 1,504
    Sq. Ft.
Listed by Anna McClusky | Keller Williams Realty PS
Sold by Emily Anderson | Every Door Real Estate
422 7th Ave, Fox Island, WA 98333 - Photo 1 Sold
$982,500

422 7th Ave  Fox Island, WA 98333

  • Single Family
  • Closed
  • Updated 2 days ago
  • 3
    Beds
  • 3
    Total Baths
  • 2,452
    Sq. Ft.
Listed by Kate Diaz | Windermere Prof Partners
Sold by Denise Steigers | Olympic Sotheby's Int'l Realty
481 7th Ave, Fox Island, WA 98333 - Photo 1 Sold
$903,000

481 7th Ave  Fox Island, WA 98333

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,773
    Sq. Ft.
Listed by Roger Maggio | Windermere Real Estate/PSR Inc
Sold by Satya Rowan Delgadillo | Coldwell Banker Danforth

5227 Key Peninsula Highway NW, Lakebay, WA 98349 (MLS# 2421576) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 5227 Key Peninsula Highway NW is currently listed for $995,000 and was received on August 15, 2025. Want to learn more about 5227 Key Peninsula Highway NW? Do you have questions about finding other Single Family real estate for sale in Lakebay? You can browse all Lakebay real estate or contact a Coldwell Banker agent to request more information.

Tour this property