14118 42nd Street Ct SW, Lakebay, WA 98349 (MLS # 2514072)

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Listing provided courtesy of Northwest MLS; PropertiesNW of Gig Harbor Ltd

PRICE $799,950
BEDS 3
BATHS 1.75
HOME SIZE 1,824 sqft
LOT SIZE 35,998 sqft
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Tucked along the shoreline in Lakebay, this waterfront property feels like one of those spots you're lucky to find. With 90 feet of sandy beachfront, it captures that dream of owning your own beach. It's the kind of shoreline people are always hoping for but rarely come across. Soft sand, a quiet stretch of shoreline, and space to spread out and unwind. A well-established trail leads you to the water, where both water and power are already in place, making it easy to spend full days right at the beach. Set on a spacious lot, the home offers flexibility in all the right ways. Main floor living keeps things simple, while the daylight basement includes a second kitchen, additional bedroom space, and room to spread out. In total, you'll find 3 bedrooms plus an additional finished room for a fourth bedroom, office, gym, or storage. The layout works well for multi-generational living, guests, or a setup that could live like two separate units within a single-family home. Plenty of parking, including covered space for a boat or toys. Walls of windows bring in natural light and frame peaceful water views, while the massive deck gives you a front row seat to long, easy evenings by the water. A separate beachside cabin adds even more charm and flexibility. Whether you're looking for a full-time home, weekend getaway, or something in between, this is a property worth experiencing in person.

LAST UPDATED 5/7/2026 TRACT Lakebay
YEAR BUILT 1979 COMMUNITY Lakebay
COUNTY Pierce STATUS Pending Inspection
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Evergreen Elem
Jr. High School Key Peninsula Mid
High School Peninsula High


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Ductless
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer, Water Heater
AREA 4 - Key Peninsula South
BASEMENT Daylight, Finished, Yes
CONSTRUCTION Wood Siding
GARAGE Attached Garage, Yes
HEAT Ductless , Electric
INTERIOR Ceiling Fan(s), Second Kitchen, Water Heater
LOT 0.8264 acre(s)
LOT DESCRIPTION Dirt Road, Secluded
MLS STATUS Pending Inspection
PARKING Attached Carport, Driveway, Off Street, Attached
SEWER Septic Tank
STORIES 1
STYLE 16 - 1 Story w/Bsmnt.
SUBDIVISION Lakebay
TAXES 5225
VIEW Yes
VIEW DESCRIPTION See Remarks, Sound, Territorial
WATER Shared Well
WATERFRONT Yes
WATERFRONT DESCRIPTION Waterfront

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Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 5/8/26 1:36 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. 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.

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