20401 22nd Street SW, Lakebay, WA 98349 - Photo 1

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$625,000 Just Listed

For Sale
Active
Single Family
3 Beds
2 Full Baths
1 Partial Bath
2,289 Sq. Ft.
Updated 17 hours ago

Listed by Gervon Simon | Compass | (253) 987-1778

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Property Description

Peaceful Key Peninsula living at its finest! This spacious property is tucked away on a private cul-de-sac and sits on 2.5 private, wooded acreage. Step inside of this home and immediately get met with vaulted ceilings and an open-concept great room anchored by a cozy wood stove. The spacious kitchen is fully updated and features stainless steel appliances, abundant storage, and a full-size corner pantry. The main level offers 3 bedrooms with a large master suite, a private bath, and a generous walk-in closet. Upstairs, a versatile loft-style family room overlooks the living room and leads to an additional bedroom and full bath that is ideal for guests, a home office, or bonus space! Outside, enjoy the serenity of the surrounding trees, an attached 2-car garage, and plenty of additional parking. A rare opportunity to enjoy acreage, privacy, and room to spread out while still being within reach of Gig Harbor and the amenities of the Key Peninsula!

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Full Property Details

Full Property Details for 20401 22nd St SW

General

Price: $625,000
HOA FEE: $21/month
HOA FEE FREQ.: Annually
Taxes: $4,634 (2025)
Status: Active
Type: Single Family
Source: NWMLS
MLS ID: 2574425
Updated: 9/2/2026
Added to Site: 2 day(s) ago

Interior

Interior Features: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling
Fireplace: Yes
Number of Fireplaces: 1
Fireplace(s): Wood Burning
Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Flooring: Vinyl Plank, Carpet

Rooms

Bathrooms

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

Bedrooms

Total Bedrooms: 3
Bedrooms Main: 3

Additional Information

Amenities: Cable TV, High Speed Internet, Patio

Parking

Garage: Yes
Attached garage: Yes
Covered Spaces: 2
Parking Features: Attached Garage

Location

Area: 4 - Key Peninsula South
County: Pierce
Subdivision: Key Peninsula South
Building Name: Joemma Beach
Driving Directions: Key Pen Hwy...Turn right on Herron Rd, Left on Tiedman, Left on 10th, Right on 205th, Right at T, Left on 22nd to home end of cul-de-sac

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: Road Maintenance

Heating & Cooling

Cooling Type: None
Heating Type: Stove/Free Standing, Wall Furnace

Utilities

Sewer: Available
Water: Public

Structural Information

Structure Type: House
Exterior Const.: Wood
Basement Desc.: None
Foundation: Poured Concrete
Roof: Composition
Entry Location: Main
Square Feet: 2,289
Finished Total: 2,289 Sq. Ft.
Year Built: 2005

Lot Features

Lot Size (Acres): 2.5
Lot Size (Sq. Ft.): 108,900
Lot Size Source: Public Records
Topography: Level, Partial Slope
Lot Features: Cul-De-Sac, Paved
Trees/Vegetation: Brush, Garden Space, Wooded

Financial Considerations

Association Fee: $250
Assoc Fee Freq.: Annually
Tax Amount: $4,634
Tax Year: 2025
Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

Special Conditions: None
Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Property ID: 2100050300
Lot Number: 30

Listed by Gervon Simon | Compass | (253) 987-1778

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Schools

Schools serving 20401 22nd St SW

School District:Peninsula School District

Name	Grades	Distance
Evergreen Elementary School, Lakebay, WA 1820 Key Peninsula Hwy KPS, Lakebay, WA 98349	PK-5	1.8 mi
Vaughn Elementary School 17521 Hall Road Northwest, Vaughn, WA 98394	PK-5	7.6 mi
Artondale Elementary School 6219 40th Street Northwest, Gig Harbor, WA 98335	PK-5	9.6 mi
Key Peninsula Middle School 5510 Key Peninsula Hwy N, Lakebay, WA 98349	6-8	5.4 mi
Peninsula High School 14105 Purdy Drive, Gig Harbor, WA 98332	9-12	13.5 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 20401 22nd St SW Get Price Alerts and Save Property

Date

Details

Price

Change

Source

9/01/2026

Listed

$625,000

83.82%

MLS

9/19/2017

Sold

$340,000

—

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 20401 22nd St SW

Year

Property Taxes

Change

Tax Assessment

Change

2025

$4,634

—

$519,500

-2%

2025

$4,634

$528,200

2024

$4,590

$504,500

-1%

2023

$4,467

14%

$511,600

33%

2022

$3,923

$384,300

2021

$3,854

$353,000

11%

2020

$3,646

12%

$316,700

2018

$3,241

—

$310,800

15%

2018

$3,241

13%

$269,300

11%

2017

$2,871

$242,500

13%

2016

$2,703

$215,000

10%

2014

$2,504

—

$196,100

2014

$2,504

—

$190,500

—

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

Estimate the Cost for 20401 22nd St SW

20401 22nd Street SW, Lakebay, WA 98349 (MLS# 2574425) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 20401 22nd Street SW is currently listed for $625,000 and was received on September 01, 2026. Want to learn more about 20401 22nd Street 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.

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20401 22nd St SW Lakebay, WA 98349