Listed by John L. Scott, Inc.
$1,150,000
$1M PRICE INCREASE

2219 Key Peninsula Hwy SW Lakebay, WA 98349

Lakebay Neighborhood

Estimated payment $6,757/month

Total Views 62,929
4 Beds
3 Baths
3,012 Sq Ft
$382 Price per Sq Ft

Highlights

  • Very Popular Property
  • RV Access or Parking
  • Contemporary Architecture
  • Horses Allowed On Property
  • 7.35 Acre Lot
  • Wooded Lot

About This Home

Turn-key 4BR/3BA custom home with a 3 bdrm ADU Rambler on a fully equipped hobby farm! Enjoy 3,000 sq ft of updated living space w/AC, jetted tub, office, digital climate controls & ceiling fans in all BRs. Outdoors: 7.35 Acres, 3 fenced pastures, horse round pen, ATV trails, chicken coop, duck enclosure w/plumbed pool, 200 sq ft shed, RV hookup, EV-ready garage & generator plug-in. Relax w/water feature, hot tub & fire pit. Gated entry w/remotes & package slide. ADT security, high-speed DSL. ADU w/ 1200 sq ft, 3BR/2BA, garage & fenced yard. Prime location—school bus stop at driveway, 2 min to Evergreen Elem, 11 min to Key Center, 29 min to Costco, near Joemma & Penrose Parks. A rare blend of comfort, space & rural charm!

Listing Agent

Dan Olague

John L. Scott, Inc. License #40923 Listed on: 07/08/2025

John L. Scott, Inc.

Co-Listing Agent

Pam Olague

John L. Scott, Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2402196

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,118

Year Built

  • Built in 2006

Lot Details

  • 7.35 Acre Lot
  • Gated Home
  • Property is Fully Fenced
  • Brush Vegetation
  • Level Lot
  • Wooded Lot
  • Garden
  • Property is in very good condition

Parking

  • 3 Car Attached Garage
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Composition Roof
  • Cement Board or Planked

Interior Spaces

  • 3,012 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Dining Room
  • Territorial Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Hydromassage or Jetted Bathtub
  • Spa Bath

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows

Outdoor Features

  • Patio
  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Generator Hookup
  • Well
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • High Tech Cabling

Additional Features

  • ADU includes 3 Bedrooms and 2 Bathrooms
  • Pasture
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Key Peninsula South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0020111031

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,118

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 2006
  • Inclusions: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Northwest Contemporary
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 4200
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Private Spa: Yes
  • Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Location: Main
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Interior Amenities: Bath Off Primary, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, High Tech Cabling, Hot Tub/Spa, Jetted Tub, Security System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wired for Generator
  • Living Area: 3012
  • Main Level Bathrooms: 1
  • Bathrooms: 3
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 3012
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 4
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • ADUBaths: 2
  • ADUBeds: 3
  • NWM_NumberOfBathtubs: 3

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Cement Plank
  • Exterior Features: Cement Planked
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, RV Parking
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Individual Well
  • Security: Fully Fenced, Security Gate, Security System
  • Cooling: Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • PowerCompany: Peninsula Light
  • SewerCompany: Septic
  • WaterCompany: Individual
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric

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: 0020111031
  • Topography: Equestrian,Level
  • Land Lease: No
  • Lot Size Acres: 7.35
  • Lot Size Sq Ft: 320166
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Fenced-Fully,Gated Entry,High Speed Internet,Outbuildings,Patio,RV Parking
  • MLSLotSizeSource: Tax Records
  • MLSSquareFootageSource: Tax Records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 8118

Multi Family

  • EnergySource: Electric

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 $8,122 $1,004,900 $288,000 $716,900
2024 $8,122 $922,600 $280,300 $642,300
2023 $8,122 $890,300 $253,200 $637,100
2022 $7,294 $907,600 $224,200 $683,400
2021 $7,248 $663,400 $139,200 $524,200
2019 $6,497 $627,700 $119,400 $508,300
2018 $5,566 $602,800 $115,800 $487,000
2017 $5,566 $522,300 $87,300 $435,000
2016 $4,795 $419,500 $74,000 $345,500
2014 $4,613 $374,500 $74,600 $299,900
2013 $4,613 $362,600 $81,100 $281,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2025 09/23/25 Price Changed $1,150,000 -2.5% $382 / Sq Ft
07/23/2025 07/23/25 Price Changed $1,180,000 +98644.8% $392 / Sq Ft
07/08/2025 07/08/25 For Sale $1,195 -- $0 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $389,900 Ticor Title Of Wa Inc
Warranty Deed $79,500 Ticor Title Of Wa Inc
Warranty Deed $45,000 Ticor Title Company
Quit Claim Deed -- Commonwealth Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $311,900 Purchase Money Mortgage
Previous Owner $313,000 Construction
Previous Owner $35,000 Seller Take Back
Source: Public Records

About the Listing Agent

Dan Olague

John L. Scott, Inc.

(253) 652-5414

Section Image

Dan & Pam Olague – TEAM DAN-O | John L. Scott Realtors
Experience. Dedication. Results You Can Trust. Dan Olague, known to many as “Dan-O,” began his real estate career in 1989 and soon joined the John L. Scott office in Puyallup. Drawn to the independence and limitless potential of real estate, Dan-O quickly built a reputation for integrity, strong negotiation skills, and deep market knowledge. Over three decades later, he and his wife, Pam, now work side-by-side, helping clients at every

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2402196

Northwest Multiple Listing Service (NWMLS)

APN: 002011-1031