Lakebay Homes for Sale

Q: 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.Key Peninsula Middle School has a B Niche grade, a student teacher ratio of 18:1 and an average review score of 1.0.Evergreen Elementary School has a B Niche grade and a student teacher ratio of 16:1.

/40
$949,995
- 3 Beds
- 3 Baths
- 2,800 Sq Ft
603 151st Avenue Ct SW, Lakebay, WA 98349

Rare opportunity to own a waterfront property in the heart of Lakebay with stunning views of Delano Bay, Carr Inlet, Puget Sound and majestic Mt Rainier. Follow the steps leading to your own beach with 8x16 dock, waterfront patio and firepit area. There are 4 lots total (1.03 acres), the 2 waterfront lots feature the home and approximately 120 feet of waterfront. Built in 1974, this well built

Sophia Yazaryan-Cosola

John L. Scott, Inc.

603 151st Avenue Ct SW, Lakebay, WA 98349
Explore Lakebay
/11
$150,000
- Land
- 4.8 Acres
- $31,250 per Acre
2 Lot 156th Ave SW, Lakebay, WA 98349

Opportunity is knocking on this shy 5-acre parcel off Delano Road. Previously logged in 2020, the property has been subject to a 6-year building permit moratorium that is now nearing its end, creating a timely opportunity for buyers ready to plan ahead. Driveway freshly paved! The land offers privacy, seclusion, and usable space for future development, with a private gravel easement providing

Carla Crawford Paramount Real Estate Group

2 Lot 156th Ave SW, Lakebay, WA 98349
/16
$175,000
- Land
- 4.85 Acres
- $36,082 per Acre
14802 Delano Rd SW, Longbranch, WA 98349

Your new sanctuary awaits! This beautiful 4.8 acres sits back behind the road for added privacy. Property filled with mature trees and vegetation. Build your home and have plenty of privacy with your own stream in your backyard. Power at road. Minutes from LakeBay and Penrose Point State Park. Buyer to verify.

Caterina Sandoval John L. Scott Mukilteo

14802 Delano Rd SW, Longbranch, WA 98349
/40
$925,000

$45K PRICE DROP
- 2 Beds
- 2 Baths
- 2,110 Sq Ft
909 Lorenz Rd NW, Lakebay, WA 98349

An incredible opportunity to own two truly special waterfront properties. Step back in time with vintage charm—the décor may echo the 80s and 90s, but the views and beach are timeless. First time on the market, this property features two homes perched above Mayo Cove, overlooking Carr Inlet, views of Mt. Rainier and approximately 180 feet of waterfront. Walk down the gently sloped path to skip

Monica Scoutten Windermere Prof Partners

909 Lorenz Rd NW, Lakebay, WA 98349
/11
$300,000
- Land
- 9.79 Acres
- $30,644 per Acre
24 156th Ave SW, Lakebay, WA 98349

Rare opportunity to purchase two neighboring shy 5-acre parcels together for a combined total of nearly 10 acres. Lots 2 and 4 are part of the same short plat and offer privacy, seclusion, and long-term development potential off Delano Road. Previously logged in 2020, the parcels have been subject to a 6-year building permit moratorium that is now nearing its end, creating a timely opportunity

Justin Weis Paramount Real Estate Group

24 156th Ave SW, Lakebay, WA 98349
/8
$150,000

$75K PRICE DROP
- Land
- 4.85 Acres
- $30,928 per Acre
1629 148th Ave SW, Longbranch, WA 98349

"SERENITY AWAITS YOU' This practically level 4+ Acre lot provides many opportunities of exclusiveness. Partially cleared. Private Well and Power is on site. Close to Penrose State Park. Septic plan has been approved for 4 bedrooms. The 20 feet long X 8 feet wide X 9.5 feet high cube Container on the property does not convey with sale, but owner is open for negotiations.

David Hayes John L. Scott Dupont

1629 148th Ave SW, Longbranch, WA 98349
/12
$150,000
- Land
- 4.99 Acres
- $30,060 per Acre
4 Lot 9th St SW, Lakebay, WA 98349

Opportunity is knocking on this shy 5-acre parcel off Delano Road. Previously logged in 2020, the property has been subject to a 6-year building permit moratorium that is now nearing its end, creating a timely opportunity for buyers ready to plan ahead. Driveway freshly paved! The land offers privacy, seclusion, and usable space for future development, with a private gravel easement providing

Justin Weis Paramount Real Estate Group

4 Lot 9th St SW, Lakebay, WA 98349
/15
$199,000
- Land
- 1.6 Acres
- $124,375 per Acre
16456 Hoff Rd NW, Home, WA 98349

Discover your perfect slice of the Pacific Northwest! This level, 1.6-acre wooded parcel on Hoff Road sits just south of Joe’s Bay in the charming Town of Home—known for its boat ramp, mooring areas, park, and playground. Skip the stress of permits and planning! This property includes county-approved architectural plans and active building permits for a stunning 3BD/2.5BA, 2,223 sq. ft. home with

Kari Montgomery Keller Williams Realty

16456 Hoff Rd NW, Home, WA 98349
/40
$374,950

$25K PRICE DROP
- 2 Beds
- 2 Baths
- 1,032 Sq Ft
16608 Delano Rd SW, Home, WA 98349

Rare 2.27-acre Lakebay property with strong potential and breath taking views! Property includes an unfinished home with approximately 1,032 sq ft of interior space plus 2 bedrooms and 2 baths with expansive acreage to create a custom home site, shop, ADU, or multi-use space. Located in a quiet rural setting with fully fenced grounds, this parcel offers RV parking, outbuildings, abundant room for

Angelaun Niethamer KW North Sound

16608 Delano Rd SW, Home, WA 98349

Washington Pierce County Longbranch

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

Lakebay Home Prices vs. Nearby Longbranch, WA Neighborhoods

	Lakebay	Home	Longbranch	Key Center
Median Home Price	$633,875	$699,000	$599,999	$700,000
Median Sale Price	$565,000 -14% YoY	$635,000 +11% YoY	$550,000 +5% YoY	$645,000 +7% YoY
Median Single Family Price	$587,500	$670,000	$592,225	$685,000
Total Active Listings	3	5	21	32
Market Conditions	7 Months of Supply Buyer's Market	6 Months of Supply Balanced Market	4 Months of Supply Seller's Market	4 Months of Supply Balanced Market

Frequently Asked Questions

Is Lakebay a good place to live?

Lakebay is a good place to live. Lakebay is considered very car-dependent and bikeable. Lakebay is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Lakebay has 6 parks for recreational activities. It is sparse in population with 1.0 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 2 out of 10.

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

The median home price in Lakebay is $633,875. If you put a 20% down payment of $126,800 and had a 30-year fixed mortgage with an interest rate of 6.55%, your estimated principal and interest payment would be $3,220 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $138K a year to afford the median home price in Lakebay. Learn how much home you can afford with our Home Affordability Calculator. 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.
Key Peninsula Middle School has a B Niche grade, a student teacher ratio of 18:1 and an average review score of 1.0.
Evergreen Elementary School has a B Niche grade and a student teacher ratio of 16:1.

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

The most popular zip codes in Lakebay, Longbranch, WA include 98349, 98351, 98335, 98394 and 98333.

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

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

Are home prices dropping in Lakebay?

Yes, home prices in Lakebay are down 15% in the last 12 months.

How to Buy a Home How to Finance a Home How to Sell a Home

Lakebay Types of Homes for Sale

More About Living in Lakebay

Homes for Sale in Nearby Neighborhoods

Homes for Sale in Nearby Cities

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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. ©2026 NWMLS.
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