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$815,000
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Property Description
Tucked along the shoreline in Lakebay, this waterfront property feels like one of those spots you're lucky to find. With 90 feet of sandy beachfront, it captures that dream of owning your own beach. It's the kind of shoreline people are always hoping for but rarely come across. Soft sand, a quiet stretch of shoreline, and space to spread out and unwind. A well-established trail leads you to the water, where both water and power are already in place, making it easy to spend full days right at the beach. Set on a spacious lot, the home offers flexibility in all the right ways. Main floor living keeps things simple, while the daylight basement includes a second kitchen, additional bedroom space, and room to spread out. In total, you'll find 3 bedrooms plus an additional finished room for a fourth bedroom, office, gym, or storage. The layout works well for multi-generational living, guests, or a setup that could live like two separate units within a single-family home. Plenty of parking, including covered space for a boat or toys. Walls of windows bring in natural light and frame peaceful water views, while the massive deck gives you a front row seat to long, easy evenings by the water. A separate beachside cabin adds even more charm and flexibility. Whether you're looking for a full-time home, weekend getaway, or something in between, this is a property worth experiencing in person.
Full Property Details
Full Property Details for 14118 42nd St Ct SW
General
- Sold For: $815,000
- Taxes: $5,225 (2026)
- Status: Closed
- Type: Single Family
- Source: NWMLS
- MLS ID: 2514072
- Added to Site: 34 day(s) ago
Interior
- Interior Features: Second Kitchen, Ceiling Fan(s), Water Heater
- Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Flooring: Ceramic Tile, Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
- Main Floor Baths: 1
- Lower - 3/4 Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Lower: 1
- Bedrooms Main: 2
Parking
- Garage: Yes
- Attached garage: Yes
- Carports: Yes
- Covered Spaces: 2
- Uncovered Spaces: 2
- Parking Features: Attached Carport, Driveway, Attached Garage, Off Street
Location
- Area: 4 - Key Peninsula South
- County: Pierce
- Subdivision: Lakebay
- Driving Directions: From Hwy 16, take Purdy Dr NW exit, follow to WA-302 W, continue to Key Peninsula Hwy, left on 92nd St NW, right on 144th Ave NW, follow to 42nd St Ct SW. May need address as "Home" instead of Lakebay
- Direction Faces: Southwest
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: Ductless
- Heating Type: Ductless
- Water Heater: Electric
Utilities
- Sewer: Septic Tank
- Water: Shared Well
Structural Information
- Structure Type: House
- Exterior Const.: Wood
- Basement Desc.: Daylight, Finished
- Foundation: Poured Concrete
- Roof: Composition
- Square Feet: 1,824
- Finished Total: 1,824 Sq. Ft.
- Year Built: 1979
- Property Condition: Average
Lot Features
- Property View: See Remarks, Sound, Territorial
- Lot Size (Acres): 0.8264
- Lot Size (Sq. Ft.): 36,000
- Lot Size Source: Realist
- Topography: Sloped
- Lot Features: Dirt Road, Secluded
Water Features
- Water Front: Yes
Financial Considerations
- Tax Amount: $5,225
- Tax Year: 2026
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: None
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Property ID: 120188003
Listed by Hailee Keely | PropertiesNW of Gig Harbor Ltd | (253) 851-2511
Sold by Derek Stenson Sarrett | Skyline Properties, Inc.
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Schools
Schools serving 14118 42nd St Ct SW
School District:Peninsula School District
| Name | Grades | Distance |
|---|---|---|
Evergreen Elementary School, Lakebay, WA 1820 Key Peninsula Hwy KPS, Lakebay, WA 98349 | PK-5 | 2.6 mi |
Artondale Elementary School 6219 40th Street Northwest, Gig Harbor, WA 98335 | PK-5 | 7.2 mi |
Vaughn Elementary School 17521 Hall Road Northwest, Vaughn, WA 98394 | PK-5 | 9 mi |
Key Peninsula Middle School 5510 Key Peninsula Hwy N, Lakebay, WA 98349 | 6-8 | 6.3 mi |
Peninsula High School 14105 Purdy Drive, Gig Harbor, WA 98332 | 9-12 | 12.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 14118 42nd St Ct SW
Date
Details
Price
Change
Source
5/22/2026
Sold
$815,000
1.88%
MLS
5/07/2026
Listed
$799,950
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
14118 42nd Street Ct SW, Lakebay, WA 98349 (MLS# 2514072) is a Single Family property that was sold at $815,000 on May 22, 2026. Want to learn more about 14118 42nd Street Ct SW? 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.
