8802 Key Peninsula Highway NW, Lakebay, WA 98349 - Photo 1

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$1,183,000

For Sale
Active
Single Family
4 Beds
1 Full Bath
3 Partial Baths
2,953 Sq. Ft.
Updated 11 days ago

Listed by Megan Wiese | Compass | (253) 987-1778

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Property Description

Welcome to your own private Northwest retreat! Nestled on over 2.5 picturesque acres in the heart of Lakebay, this exceptional property offers the perfect balance of privacy and convenience... just a short walk to the charming town center, grocery store, and local restaurants. Surrounded by breathtaking territorial views and abundant wildlife, you'll enjoy the peaceful lifestyle you've been dreaming of. The spacious home is designed for comfort and connection to the outdoors. The expansive primary suite is a true sanctuary, featuring a cozy fireplace and direct deck access to the hot tub for relaxing under the stars. Large windows and vaulted cedar ceilings capture the beauty of the surrounding landscape. Outside, summer memories await with a sparkling pool, freshly painted pool deck, and brand-new diving board. Equestrian enthusiasts and homesteaders alike will appreciate the 5-stall horse barn, ample space for an arena, separate pastures, and thoughtfully designed transition alleys for seasonal grazing or managing animals with ease. A rare opportunity to enjoy country living, recreation, and small-town charm all in one remarkable property.

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Full Property Details

Full Property Details for 8802 Key Peninsula Hwy NW

General

Price: $1,183,000
Taxes: $7,003 (2026)
Status: Active
Type: Single Family
Source: NWMLS
MLS ID: 2544943
Updated: 6/24/2026
Added to Site: 21 day(s) ago

Interior

Interior Features: Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Hot Tub/Spa, Skylight(s), Sprinkler System, Vaulted Ceiling(s), Wet Bar, Wine/Beverage Refrigerator, Wired for Generator
Fireplace: Yes
Number of Fireplaces: 3
Fireplace(s): Gas
Appliances: Dishwasher(s), Double Oven, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Flooring: Bamboo/Cork, Ceramic Tile, Hardwood, Carpet

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 1
3/4 Bathrooms: 2
Half Bathrooms: 1
Main Floor Baths: 3
Main - 3/4 Baths: 2
Lower - 1/2 Baths: 1

Bedrooms

Total Bedrooms: 4
Bedrooms Main: 4

Additional Information

Amenities: Barn, Cable TV, Deck, Fenced-Fully, Gas Available, Gated Entry, High Speed Internet, Hot Tub/Spa, Outbuildings, Patio, Propane, RV Parking, Shop, Sprinkler System, Stable
Pool: Yes
Pool Description: In-Ground
Spa: Yes
Security/Safety: Fully Fenced, Security Gate

Parking

Garage: Yes
Carports: Yes
Covered Spaces: 4
Uncovered Spaces: 2
Parking Features: Attached Carport, Driveway, Detached Garage, RV Parking

Location

Area: 9 - Key Peninsula North
County: Pierce
Subdivision: Key Center
Driving Directions: GPS is accurate.

School Information

High School District: Peninsula

Heating & Cooling

Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Heat Pump

Utilities

Sewer: Septic Tank
Water: Individual Well

Structural Information

Structure Type: House
Exterior Const.: Wood Products
Basement Desc.: Daylight
Foundation: Poured Concrete
Roof: Composition
Entry Location: Main
Square Feet: 2,953
Finished Total: 2,953 Sq. Ft.
Year Built: 1975

Lot Features

Property View: Territorial
Lot Size (Acres): 2.6
Lot Size (Sq. Ft.): 113,256
Lot Size Source: Realist
Topography: Equestrian, Level, Partial Slope
Lot Features: Paved, Secluded
Trees/Vegetation: Fruit Trees, Garden Space, Pasture

Financial Considerations

Tax Amount: $7,003
Tax Year: 2026
Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Disclosures and Reports

Special Conditions: None
Inclusions: Dishwasher(s), Double Oven, Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Property ID: 21012024

Listed by Megan Wiese | Compass | (253) 987-1778

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Schools

Schools serving 8802 Key Peninsula Hwy NW

School District:Peninsula School District

Name	Grades	Distance
Vaughn Elementary School 17521 Hall Road Northwest, Vaughn, WA 98394	PK-5	1.2 mi
Artondale Elementary School 6219 40th Street Northwest, Gig Harbor, WA 98335	PK-5	6.7 mi
Evergreen Elementary School, Lakebay, WA 1820 Key Peninsula Hwy KPS, Lakebay, WA 98349	PK-5	6.8 mi
Key Peninsula Middle School 5510 Key Peninsula Hwy N, Lakebay, WA 98349	6-8	2.1 mi
Peninsula High School 14105 Purdy Drive, Gig Harbor, WA 98332	9-12	6.8 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 8802 Key Peninsula Hwy NW Get Price Alerts and Save Property

Date

Details

Price

Change

Source

6/24/2026

Listed

$1,183,000

247.94%

MLS

5/07/2013

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 8802 Key Peninsula Hwy NW

Year

Property Taxes

Change

Tax Assessment

Change

2025

$6,622

-2%

$796,700

2024

$6,760

$750,700

—

2023

$6,462

$747,600

25%

2022

$6,038

$599,200

2021

$5,944

—

$551,500

2020

$5,926

19%

$523,000

2018

$4,978

—

$491,900

17%

2018

$4,978

13%

$420,000

11%

2017

$4,416

12%

$379,300

19%

2016

$3,939

15%

$318,000

2014

$3,423

—

$292,000

11%

2014

$3,423

—

$263,700

—

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 8802 Key Peninsula Hwy NW

8802 Key Peninsula Highway NW, Lakebay, WA 98349 (MLS# 2544943) is a Single Family property with 4 bedrooms, 1 full bathroom and 3 partial bathrooms. 8802 Key Peninsula Highway NW is currently listed for $1,183,000 and was received on June 24, 2026. Want to learn more about 8802 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.

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8802 Key Peninsula Hwy NW Lakebay, WA 98349