Lakebay Homes for Sale

/40
$795,000
- 3 Beds
- 2 Baths
- 1,778 Sq Ft
1218 166th Avenue Ct NW, Lakebay, WA 98349

Spectacular waterfront property on the shores of Von Geldren Cove in sleepy Lakebay. 148 feet of prime low-bank frontage with concrete bulkhead, boat house & boat launch. 3 parcels included in the sale totaling 2.01 acres. Western exposure with breathtaking sunsets from an expansive lawn that stretches from the main home to the water’s edge. Single level main home with a fully remodeled kitchen,

Patrick Mercado PropertiesNW of Gig Harbor Ltd

1218 166th Avenue Ct NW, Lakebay, WA 98349
/21
$350,000
- 1 Bed
- 1 Bath
- 580 Sq Ft
1116 Bayshore Ct NW, Lakebay, WA 98349

To be, perfect getaway cabin in sleepy Lakebay. Expansive water views and incredible sunsets from the deck of this sturdy little 1950's built cabin. Perched on a gentle hillside on a .43 acre parcel. One story with an unfinished basement, totaling 1,160 sq feet under the roof. Full basement with updated service panel and a new oil furnace. Bring that toolbox and transform it into a perfect

Patrick Mercado PropertiesNW of Gig Harbor Ltd

1116 Bayshore Ct NW, Lakebay, WA 98349
/32
$210,000
- Land
- 3.61 Acres
- $58,172 per Acre
16402 Hoff Rd NW, Lakebay, WA 98349

Come take a look at this beautiful 3.6 acre property a stones throw away from the cute little town of Home. The seller has put in a ton of time, energy and money getting this property build ready. They have installed electric enough to power a 4 bedroom home & a 4000 sf shop, drilled well w/pressure tank & aerator. There has been 2 approved pump septic designs, one for a 4 bedroom house & another

Seth Courtney Windermere Prof Partners

16402 Hoff Rd NW, Lakebay, WA 98349
/28
$599,500
- 1 Bed
- 1 Bath
- 832 Sq Ft
1617 von Geldern Cove Rd NW, Lakebay, WA 98349

Don't miss this incredible waterfront opportunity featuring 66 feet of medium bank/low bank saltwater beach with 180 degree picturesque north easterly views of Puget Sound's Carr Inlet, Fox Island and Purdy Bridges, Penrose State Park, Chambers Bay Golf Course and Mt Rainier. Beach vibes throughout and offering ample living space with large main floor bedroom and updated kitchen and bath, wood

Neil Bender PropertiesNW of Gig Harbor Ltd

1617 von Geldern Cove Rd NW, Lakebay, WA 98349
/4
$430,000
- 2 Beds
- 1 Bath
- 1,032 Sq Ft
16608 Delano Rd SW, Home, WA 98349

Investment opportunity knocks or discover the feel of country living on 2.27 acres and make this your dream home. Perfect for those looking to create a custom space tailored to their needs. This property offers possibilities for a beautiful home, a storage/shop combination, or even an ADU, RV parking, and more. Buyer must verify all intended uses, permits, zoning, divisions, and

Sol Lemus John L. Scott Dupont

16608 Delano Rd SW, Home, WA 98349
/10
$95,000
- Land
- 0.53 Acre
- $179,347 per Acre
919 Sanford Ave SW, Lakebay, WA 98349

Your own lake front escape at Bay Lake, in Lakebay. Approximately 69 feet of no-bank lakefront on a half acre lot. Use your own imagination and customize this treed property your way or enjoy it as is. The public boat launch is two lots away. Bay lake is a 130-acre lake with trout, largemouth bass, bluegill and more. Bring your boat and fishing poles and enjoy your own lakefront property. Only 30

Rachel Dean Windermere PeninsulaProperties

919 Sanford Ave SW, Lakebay, WA 98349

Washington Longbranch Lakebay

Why Live in Lakebay

Lakebay in Longbranch offers a tranquil lifestyle with a close-knit community and picturesque views of Puget Sound. The neighborhood is characterized by narrow roadways leading to the water's edge and homes that include Cape Cods, modern farmhouses, and contemporary styles, often surrounded by towering trees. The Peninsula School District, which has high ratings, serves the area, with students attending Evergreen Elementary School, Key Peninsula Middle School, and Peninsula High School. Outdoor enthusiasts will appreciate Penrose Point State Park, which features over 2 miles of saltwater shoreline and 2.5 miles of trails for hiking, biking, and nature walks. The park also offers opportunities for swimming, boating, scuba diving, fishing, and birdwatching. While the area is peaceful, residents need to drive to nearby towns for dining and shopping, with Gig Harbor being the closest option, about 30 minutes away. The Key Peninsula Highway is the main route for these trips, as there is no mass transit system. Although major events are rare in Lakebay, local celebrations like the Fourth of July Parade and occasional bluegrass music performances add to the community spirit.

Learn more about living in Lakebay

Frequently Asked Questions

Is Lakebay a good place to live?

Lakebay is a good place to live. Lakebay is considered very car-dependent and somewhat bikeable. Lakebay is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. Lakebay has 6 parks for recreational activities. It is sparse in population with 0.3 people per acre and a median age of 56. The average household income is $121,801 which is above the national average. College graduates make up 38.8% of residents. A majority of residents in Lakebay are home owners, with 15% of residents renting and 85% of residents owning their home. A local real estate agent serving Lakebay can help you decide if this neighborhood is the right one for you. Learn more on our Lakebay neighborhood guide.

Is Lakebay, WA a safe neighborhood?

Lakebay, WA is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.

How much do you need to make to afford a house in Lakebay?

The median home price in Lakebay is $574,975. If you put a 20% down payment of $115,000 and had a 30-year fixed mortgage with an interest rate of 6.84%, your estimated principal and interest payment would be $3,010 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $129K a year to afford the median home price in Lakebay. The average household income in Lakebay is $122K.

What are the best public schools in Lakebay?

The best public schools that serve Lakebay are:

Peninsula High School has a B+ Niche grade, a student teacher ratio of 21:1 and an average review score of 3.8.
Evergreen Elementary School has a B Niche grade and a student teacher ratio of 16:1.
Key Peninsula Middle School has a B Niche grade and a student teacher ratio of 18:1.

What are the most popular zip codes in Lakebay, Longbranch, WA?

The most popular zip codes in Lakebay, Longbranch, WA include 98584, 98367, 98387, 98513 and 98501.

What are the most popular neighborhoods near Lakebay, Longbranch, WA?

The most popular neighborhoods near Lakebay, Longbranch, WA are Kopachuck Ridge/Horsehead Bay, Shore Acres, West End, Gig Harbor North and Oakbrook.

Are home prices dropping in Lakebay?

Yes, home prices in Lakebay are down 26% in the last 12 months.

Home Trends in Lakebay, WA

On average, homes in Lakebay, Longbranch sell after 134 days on the market compared to the national average of 49 days. The median sale price for homes in Lakebay, Longbranch over the last 12 months is $660,000, down 20% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$660,000

Median Single Family Sale Price

$524,750

Average Price Per Sq Ft

$455

Number of Homes for Sale

Last 12 months Home Sales

Months of Supply

12.00

Median List Price

$574,975

Median Change From 1st List Price

10%

Median Home Sale Price YoY Change

-20%

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
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