Listed by PropertiesNW of Gig Harbor Ltd
$250,000
SOLD SEP 11, 2025

1116 Bayshore Ct NW Lakebay, WA 98349

Lakebay Neighborhood
1 Bed
1 Bath
580 Sq Ft
0.43 Acres

Recently Sold

$431 Per Sq Ft

29% Below List Price

Highlights

  • Ocean View
  • Fruit Trees
  • No HOA
  • RV Access or Parking
  • Deck
  • Bathroom on Main Level

About This Home

As of September 2025

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 short term rental or private weekender cabin. So much potential, come see!

Last Agent to Sell the Property

Patrick Mercado

PropertiesNW of Gig Harbor Ltd License #24129 Listed on: 06/11/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2391483

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,236

Year Built

  • Built in 1950

Lot Details

  • 0.43 Acre Lot
  • West Facing Home
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden

Property Views

  • Ocean
  • Views of a Sound
  • Bay

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 580 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Deck

Schools

  • Evergreen Elementary School
  • Key Peninsula Mid Middle School
  • Peninsula High School

Utilities

  • Forced Air Heating System
  • Shared Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lakebay Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,236

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 1950
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 1160
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2391483?w=Consumer&agent=27429
  • Special Features: VirtualTour

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Main
  • Fireplace: No
  • Flooring: See Remarks
  • Living Area: 580
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bathrooms: 1
  • BathsFullMain: 1
  • SquareFootageFinished: 580
  • SquareFootageUnfinished: 580
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 1

Exterior Features

  • Roof: Composition
  • View: Bay, Sea, Sound
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Direction Faces: West
  • Exterior Features: Wood
  • Foundation Details: Slab
  • Property Condition: Fair
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Off Street, RV Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Shared Well
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • PowerCompany: Pen Light
  • SewerCompany: Septic
  • WaterCompany: Shared well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Peninsula
  • High School: Peninsula High
  • Middle Or Junior School: Key Peninsula Mid

Lot Info

  • Parcel Number: 0021351010
  • Topography: Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 0.43
  • Lot Size Sq Ft: 18731
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,RV Parking
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Oil

Rental Info

  • ShortTermRentalYN: true

Tax Info

  • Year: 2025
  • Tax Annual Amount: 2236

Multi Family

  • EnergySource: Oil

MLS Schools

  • Elementary School: Evergreen Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2020
Sold by
Buhre Betty L
Bought by
Hock Mariann P and Hock Thomas F

Purchase Details

Closed on
Jun 29, 2009
Sold by
Buhre Betty L
Bought by
Buhre Betty L and Betty L Buhre Living Trust

Purchase Details

Closed on
Oct 31, 2001
Sold by
Buhre Donald W
Bought by
Buhre Betty L and Buhre Donald W
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $860,989 Cw Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2025 09/11/25 Sold $250,000 -28.6% $431 / Sq Ft
08/14/2025 08/14/25 Pending -- -- --
06/11/2025 06/11/25 For Sale $350,000 -- $603 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,236 $248,500 $134,000 $114,500
2024 $2,236 $260,900 $138,300 $122,600
2023 $2,236 $237,600 $125,400 $112,200
2022 $1,952 $237,300 $125,400 $111,900
2021 $1,825 $160,300 $69,200 $91,100
2019 $1,483 $144,100 $59,000 $85,100
2018 $1,498 $130,200 $51,500 $78,700
2017 $1,289 $118,100 $42,900 $75,200
2016 $1,267 $90,600 $33,600 $57,000
2014 $1,132 $94,400 $43,000 $51,400
2013 $1,132 $86,800 $39,800 $47,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2391483

Northwest Multiple Listing Service (NWMLS)

APN: 002135-1010