Listed by Coldwell Banker Bain
$1,074,000

216 Cornwall Rd NW Lakebay, WA 98349

Estimated payment $6,245/month

Total Views 2,914
3 Beds
2.5 Baths
2,122 Sq Ft
$506 Price per Sq Ft

Highlights

  • RV Access or Parking
  • Fruit Trees
  • Secluded Lot
  • 25.65 Acre Lot
  • Deck
  • Territorial View

About This Home

Privacy, adventure, and endless possibilities await you with 25 acres of forested serenity. This rare property features a charming main home plus two additional building sites. Perfect for multi-generational living, a guest cottage, creative studio, or abundant gardens. The cozy main residence offers an open-concept kitchen, whole home water filtration system, Generac generator with auto transfer start, 150 gallon blue water tank, and three tank septic system, and an oversized back patio that is ideal for entertaining. Once two separate 12-acre parcels, now combined, it is tailor-made for hiking, biking, and ATV adventures. Wander along three private hiking trails that invite both exploration and relaxation. All at an improved price!

Listing Agent

Nancy Wallace

Coldwell Banker Bain License #22017732 Listed on: 08/11/2025

Coldwell Banker Bain

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2415941

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,275

Year Built

  • Built in 2017

Lot Details

  • 25.65 Acre Lot
  • Gated Home
  • Partially Fenced Property
  • Brush Vegetation
  • Secluded Lot
  • Level Lot
  • Fruit Trees
  • Wooded Lot
  • Garden
  • Value in Land
  • Property is in very good condition

Parking

  • 2 Car Attached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Composition Roof
  • Wood Siding
  • Cement Board or Planked

Interior Spaces

  • 2,122 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Territorial Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating System
  • Propane
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lakebay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0020022011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,275

Year Built

Built in 2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 10 - 1 Story
  • Year Built: 2017
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2122
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • SOCComments: You Deserve it!
  • NWM_ExcludedItemsYN: false
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: See Remarks
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Fireplace, Water Heater
  • Living Area: 2122
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Bathrooms: 2.25
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2122
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved, Secluded, Value In Land
  • View: Yes
  • Waterfront: No
  • Construction Type: Cement Plank, Wood
  • Exterior Features: Cement Planked, Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • WaterfrontFootage: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, RV Parking
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: Partially Fenced, Security Gate
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Tankless

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

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

Lot Info

  • Parcel Number: 0020022011
  • Topography: Level,Partial Slope
  • Land Lease: No
  • Lot Size Acres: 25.6499
  • Lot Size: 1,117,313
  • Lot Size Sq Ft: 1117313
  • Zoning: RF
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Fenced-Partially,Gas Available,Gated Entry,High Speed Internet,Outbuildings,Patio,Propane,RV Parking
  • MLSLotSizeSource: KCAR
  • MLSSquareFootageSource: KCAR
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Propane

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6275.44

Multi Family

  • EnergySource: Electric,Propane

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
2025 $5,734 $887,900 $355,200 $532,700
2024 $5,734 $807,000 $345,700 $461,300
2023 $5,734 $769,000 $312,300 $456,700
2022 $5,143 $766,100 $276,600 $489,500
2021 $5,111 $540,200 $171,700 $368,500
2019 $2,098 $489,400 $140,900 $348,500
2018 $313 $243,500 $136,700 $106,800
2017 $313 $83,500 $83,500 $0
2016 $312 $22,964 $22,964 $0
2014 $177 $71,800 $71,800 $0
2013 $177 $78,100 $78,100 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 For Sale $1,074,000 +117.0% $506 / Sq Ft
03/13/2019 03/13/19 Sold $495,000 -0.9% $231 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
07/13/2018 07/13/18 Price Changed $499,500 +2.0% $233 / Sq Ft
04/14/2018 04/14/18 For Sale $489,500 -- $228 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $495,000 Ticor Title
Warranty Deed $45,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $505,835 VA
Closed $505,642 VA
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2415941

Northwest Multiple Listing Service (NWMLS)

APN: 002002-2011