Listed by PropertiesNW of Gig Harbor Ltd
$350,000

1116 Bayshore Ct NW Lakebay, WA 98349

Lakebay Neighborhood

Estimated payment $2,044/month

Total Views 399
1 Bed
1 Bath
580 Sq Ft
$603 Price per Sq Ft

Highlights

  • Very Popular Property
  • RV Access or Parking
  • Deck
  • Ocean View
  • Fruit Trees
  • No HOA

About This Home

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 Listed By

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: Active
  • Prev Status: Active
  • 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
  • Cumulative Days on Market: 5

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 1
  • Possible Bedrooms: 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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 For Sale $350,000 -- $603 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

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

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2391483

Northwest Multiple Listing Service (NWMLS)

APN: 002135-1010