1905 194th Avenue SW, Lakebay, WA 98349 - Photo 1

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$215,000

For Sale
Active
Land Residential
0.4115 Acres

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Property Description

Palmer Lake Waterfront buildable parcel provides you with 43' lowbank private beachfront property. The SW view of the lake highlights the future level building site which slopes down to your very own beach. A very lovely 17,926 square foot lot is waiting to provide someone years of enjoyment. You will also be a member of the Palmer Lake Beach Club Community which offers & maintains 2 additional community beaches, parks, playground, docks, launch, sport court & more. Quality of lakeside living is in your future. This peaceful setting & location is just minutes from the town of Home, Joemma State Park & Penrose State Park for saltwater adventures & beach combing. Key Center is a quick drive bringing you additional shopping, resturants and more amendities. Rare opportunity to own & build on the magical Key Peninsula, a true PNW Gem.

Full Property Details

Full Property Details for 1905 194th Ave SW

General

Price: $215,000
HOA FEE: $19/month
HOA FEE FREQ.: Annually
Taxes: $1,900 (1900)
Status: Active
Type: Land Residential
Source: NWMLS
MLS ID: 2557062
Updated: 7/19/2026
Added to Site: 39 day(s) ago

Additional Information

Improvements: Fenced-Partially

Location

Area: 4 - Key Peninsula South
County: Pierce
Subdivision: Palmer Lake
Building Name: Palmer Lake Div.2
Driving Directions: GPS Friendly.

School Information

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

Community

Association: Yes
Assoc. Fees Include: Common Area Maintenance

Utilities

Electric Available: Yes
Water: Community Well
Utility Description: Electricity Connected, Septic Design Installed

Structural Information

Structure Type: None

Lot Features

Property View: Lake, Territorial
Lot Size (Acres): 0.4115
Lot Size (Sq. Ft.): 17,926
Lot Size Source: County
Street/Road Desc.: County Maintained, Paved
Topography: Level, Sloped
Lot Features: Paved
Zoning: Residential, See Remarks

Water Features

Water Front: Yes

Financial Considerations

Association Fee: $230
Assoc Fee Freq.: Annually
Tax Amount: $1,900
Tax Year: 1900
Terms: Cash, Conventional

Disclosures and Reports

Special Conditions: None
Restrictions: CC&R, Manufactured Homes OK
Property ID: 6661201390
Block: 4
Lot Number: 3

Buyer's Brokerage Compensation: 2.5%

Not binding unless confirmed by separate agreement among applicable parties.

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Meet the listing agent

— 1905 194th Ave SW —

Connie McHugh-Griesmeyer

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(253) 208-0755 mobile

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Schools

Schools serving 1905 194th Ave SW

School District:Peninsula School District

Name	Grades	Distance
Evergreen Elementary School, Lakebay, WA 1820 Key Peninsula Hwy KPS, Lakebay, WA 98349	PK-5	1.3 mi
Vaughn Elementary School 17521 Hall Road Northwest, Vaughn, WA 98394	PK-5	7.5 mi
Artondale Elementary School 6219 40th Street Northwest, Gig Harbor, WA 98335	PK-5	9.2 mi
Key Peninsula Middle School 5510 Key Peninsula Hwy N, Lakebay, WA 98349	6-8	5.1 mi
Peninsula High School 14105 Purdy Drive, Gig Harbor, WA 98332	9-12	13.2 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 1905 194th Ave SW Get Price Alerts and Save Property

Date

Details

Price

Change

Source

7/19/2026

Listed

$215,000

258.33%

MLS

10/30/2018

Sold

$60,000

—

Public Record

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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

Tax History for 1905 194th Ave SW

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,699

—

$201,300

10%

2025

$1,699

$183,300

10%

2024

$1,604

$166,000

—

2023

$1,544

$166,000

17%

2022

$1,534

18%

$141,800

28%

2021

$1,301

24%

$110,700

35%

2020

$1,052

$82,100

—

2018

$1,019

—

$82,100

2018

$1,019

12%

$76,600

11%

2017

$911

-4%

$69,100

—

2016

$947

12%

$69,100

14%

2015

$848

-12%

$60,400

-12%

2014

$967

—

$68,400

—

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

Estimate the Cost for 1905 194th Ave SW

1905 194th Avenue SW, Lakebay, WA 98349 (MLS# 2557062) is a Land Residential property with a lot size of 0.4115 acres. 1905 194th Avenue SW is currently listed for $215,000 and was received on July 19, 2026. This property is listed by Connie McHugh-Griesmeyer from our Tacoma Main Office.Want to learn more about 1905 194th Avenue SW? Do you have questions about finding other Land Residential real estate for sale in Lakebay? You can browse all Lakebay real estate or contact a Coldwell Banker agent to request more information.

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1905 194th Ave SW Lakebay, WA 98349