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$320,000
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Property Description
The existing home has been moved twice, & financing is available! Enjoy 3% buyer credit toward closing costs on this exceptional Lakebay property, offering over 5 acres of fully usable, tranquil land. A second, build-ready lot is already equipped with a 4-bedroom septic, water, & power, perfect for future expansion. Inside the home, modern updates shine with stainless steel appliances, fresh flooring, Paint, & stylish fixtures. Outside, privacy, open space, and room to create your ideal lifestyle. With two septic systems-one for the current home & one ready for a future 4-bedroom build-the options are endless. Minutes from lakes and Joemma Beach State Park, this is true Northwest living with peace, adventure, freedom, &no HOA.
Full Property Details
Full Property Details for 407 195th Ave SW
General
- Sold For: $320,000
- Taxes: $111 (2025)
- Status: Closed
- Type: Land Residential
- Source: NWMLS
- MLS ID: 2447513
- Added to Site: 233 day(s) ago
Location
- Area: 9 - Key Peninsula North
- County: Pierce
- Subdivision: Lakebay
- Building Name: Lls#8401110242
- Driving Directions: Key Peninsula Hwy to right on Herron Road. Left on Tiedman Road, Left on 195th to Left about two blocks down on the left hand side.
School Information
- High School District: Peninsula
- Elementary School: Buyer To Verify
- Middle School: Buyer To Verify
- High School: Buyer To Verify
Utilities
- Water: Available
- Utility Description: Electricity Not Available, Septic Design Applied, Septic Design Installed
Structural Information
- Structure Type: Unspecified
Lot Features
- Property View: Territorial
- Lot Size (Acres): 5.06
- Lot Size (Sq. Ft.): 220,414
- Lot Size Source: Public Records
- Street/Road Desc.: See Remarks
- Topography: Level
- Zoning: Residential
Financial Considerations
- Tax Amount: $111.19
- Tax Year: 2025
- Terms: Cash Out, Conventional, See Remarks, VA Loan
Disclosures and Reports
- Special Conditions: None
- Restrictions: Manufactured Homes OK, No Restrictions
- Property ID: 20032029
- Lot Number: 12
Listed by Corey Lofton | Kelly Right RE of Seattle LLC | (206) 525-5235
Sold by Mitch Morey | Coldwell Banker Park Shore RE
Get Pre-Approved Today
Schools
Schools serving 407 195th 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 | 1.6 mi |
Key Peninsula Middle School 5510 Key Peninsula Hwy N, Lakebay, WA 98349 | 6-8 | 4.2 mi |
Peninsula High School 14105 Purdy Drive, Gig Harbor, WA 98332 | 9-12 | 12.4 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 407 195th Ave SW
Date
Details
Price
Change
Source
1/30/2026
Sold
$320,000
3.23%
MLS
12/12/2025
Price Reduced
$310,000
-4.62%
MLS
12/01/2025
Price Reduced
$325,000
-9.72%
MLS
11/05/2025
Price Reduced
$360,000
-4%
MLS
10/20/2025
Listed
$375,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
407 195th Avenue SW, Lakebay, WA 98349 (MLS# 2447513) is a Land Residential property that was sold at $320,000 on January 30, 2026. Want to learn more about 407 195th 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.

