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$630,000

  • Sold
  • Closed
  • Single Family
  • 2 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 1,768 Sq. Ft.
  • Updated 9 days ago

Listed by Hailee Keely | PropertiesNW of Gig Harbor Ltd | (253) 851-2511
Sold by Khalid Farrah | Premier Real Estate Partners

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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.

Full Property Details for 308 Key Peninsula Hwy NW

General

  • Sold For: $630,000
  • Taxes: $5,408 (2026)
  • Status: Closed
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2541483
  • Added to Site: 75 day(s) ago

Interior

  • Interior Features: Water Heater
  • Appliances: Dishwasher(s), Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s)
  • Flooring: Vinyl Plank, Carpet

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Upper: 2

Additional Information

  • Amenities: Gated Entry, Outbuildings, RV Parking
  • Security/Safety: Security Gate

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Covered Spaces: 2
  • Uncovered Spaces: 2
  • Parking Features: Driveway, Attached Garage, RV Parking

Location

  • Area: 4 - Key Peninsula South
  • County: Pierce
  • Subdivision: Lakebay
  • Driving Directions: From Hwy 16, take the Purdy/Key Peninsula exit onto SR 302 W. Continue approx. 15 miles, then left onto Key Peninsula Hwy NW. Property is on the right at 308 Key Peninsula Hwy NW.

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, Wall Furnace
  • Water Heater: Electric

Utilities

  • Sewer: Septic Tank
  • Water: Shared Well

Structural Information

  • Structure Type: House
  • Exterior Const.: Cement Planked
  • Foundation: Poured Concrete
  • Roof: Composition
  • Square Feet: 1,768
  • Finished Total: 1,768 Sq. Ft.
  • Year Built: 2017
  • Property Condition: Very Good

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 4.74
  • Lot Size (Sq. Ft.): 206,474
  • Lot Size Source: Realist
  • Topography: Partial Slope
  • Trees/Vegetation: Brush, Fruit Trees, Garden Space, Wooded

Financial Considerations

  • Tax Amount: $5,408.3
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Microwave(s), Refrigerator(s), See Remarks, Stove(s)/Range(s)
  • Property ID: 21354030

Listed by Hailee Keely | PropertiesNW of Gig Harbor Ltd | (253) 851-2511
Sold by Khalid Farrah | Premier Real Estate Partners

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 308 Key Peninsula Hwy NW

School District:Peninsula School District
NameGradesDistance
Evergreen Elementary School, Lakebay, WA
1820 Key Peninsula Hwy KPS, Lakebay, WA 98349
PK-51.4 mi
Vaughn Elementary School
17521 Hall Road Northwest, Vaughn, WA 98394
PK-55.9 mi
Artondale Elementary School
6219 40th Street Northwest, Gig Harbor, WA 98335
PK-57.2 mi
Key Peninsula Middle School
5510 Key Peninsula Hwy N, Lakebay, WA 98349
6-83.3 mi
Peninsula High School
14105 Purdy Drive, Gig Harbor, WA 98332
9-1211 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 308 Key Peninsula Hwy NW

Date
Details
Price
Change
Source
8/21/2026
Sold
$630,000
0.81%
MLS
7/13/2026
Price Reduced
$624,950
-3.85%
MLS
6/17/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Hailee Keely | PropertiesNW of Gig Harbor Ltd | (253) 851-2511
Sold by Khalid Farrah | Premier Real Estate Partners

Recent Sales near 308 Key Peninsula Hwy NW

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17310 Herron Rd NW, Lakebay, WA 98349 - Photo 1 Sold
$643,000

17310 Herron Rd NW  Lakebay, WA 98349

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 1,440
    Sq. Ft.
Listed by Lynn MacGougan | Neighborhood Experts Real Est. and Paige Schulte | Neighborhood Experts Real Est.
Sold by Blake Williams | Infinity Real Estate, LLC
17208 3rd Ave NW, Lakebay, WA 98349 - Photo 1 Sold
$598,000

17208 3rd Ave NW  Lakebay, WA 98349

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths
  • 2,160
    Sq. Ft.
Listed by Neil Bender | PropertiesNW of Gig Harbor Ltd
Sold by Sami Dale | Every Door Real Estate
2507 Creviston Rd SW, Lakebay, WA 98349 - Photo 1 Sold
$620,000

2507 Creviston Rd SW  Lakebay, WA 98349

  • Single Family
  • Closed
  • 3
    Beds
  • 3
    Total Baths
  • 2,102
    Sq. Ft.
Listed by Harvey Long | Redfin
Sold by Pat DeWees | Redfin
18117 Bass Ln NW, Lakebay, WA 98349 - Photo 1 Sold
$575,000

18117 Bass Ln NW  Lakebay, WA 98349

  • Single Family
  • Closed
  • Updated 3 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,536
    Sq. Ft.
Listed by Dena Skodinski | Paramount Real Estate Group and Joshua Friedman | Paramount Real Estate Group
Sold by Ellie Renne | Renne Real Estate

308 Key Peninsula Highway NW, Lakebay, WA 98349 (MLS# 2541483) is a Single Family property that was sold at $630,000 on August 21, 2026. Want to learn more about 308 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.