Listing Office: Martin Real Estate Group Northwest Multiple Listing Service Logo

1916 Key Peninsula Highway Nw, Lakebay, WA

$375,000

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2

Beds

Baths

1,248

Square feet

3.86

Acres

About 1916 Key Peninsula Highway Nw

Affordable One Level Home on Acreage! Situated just 30 minutes from the creature comforts of Gig Harbor on the beautiful Key Peninsula, this nearly 4-acre spread near the tiny town of Home is full of potential. Bring your vision goggles and make it yours. The heavy lifting has already been done: you’ve got a brand-new septic system, an upgraded well, a metal roof, and a heat pump to keep things cozy. Whether you choose to remodel the existing home or utilize the previous 2-bedroom build approval to create something new, you’ll be surrounded by a year-round stream, a private pond, and fruit trees. For the "Bring Your Vision" enthusiast, the remnants of the original homestead and poultry shed are waiting for a creative revival. This property works as hard as you do with 2 driveways and five outbuildings—including a 480sf detached garage, and full RV hookups for your "consultants" (or adventurous guests). A laurel hedge is growing to provide privacy from the road. Whether you’re looking to flip, expand, or establish a multi-generational estate, the infrastructure is in place and the potential is limitless. Bring your plans—Home is calling! FINANCING AVAILABLE, INQUIRE WITH A REAL ESTATE PROFESSIONAL TO SEE REMARKS.

Features of 1916 Key Peninsula Highway Nw

MLS® # 2520753
Price $375,000
Bedrooms 2
Bathrooms 1.75
Full Baths 1
Square Footage 1,248
Acres 3.86
Year Built 1976
Type Residential
Sub-Type Manufactured On Land
Status Active

Community Information

Address 1916 Key Peninsula Highway Nw
Area 4 - Key Peninsula South
Subdivision Home
City Lakebay
County Pierce
State WA
Zip Code 98349

Amenities

Parking Spaces 2
Parking Driveway, Detached Garage, RV Parking
View Territorial
Is Waterfront No

Interior

Interior Features Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Wired for Generator
Heating Heat Pump
Cooling Heat Pump
Fireplace Yes
# of Fireplaces 1
Fireplaces Gas

Exterior

Exterior Features Metal/Vinyl
Lot Description Open Space, Paved, Value In Land

School Information

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

Additional Information

Date Listed May 9th, 2026
Days on Market 290
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMartin Real Estate Group

Listing Map

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