1916 Key Peninsula Highway NW, Lakebay, WA 98349 (MLS # 2520753)

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Listing provided courtesy of Northwest MLS; Martin Real Estate Group

PRICE $375,000
BEDS 2
BATHS 1.75
HOME SIZE 1,248 sqft
LOT SIZE 3.86 ac
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Affordable One Level Home on Acreage! Situated just 30 minutes from the creature comforts of Gig Harbor on the beautiful Key Peninsula, this nearly 4-acre spread near the tiny town of Home is full of potential. Bring your vision goggles and make it yours. The heavy lifting has already been done: you've got a brand-new septic system, an upgraded well, a metal roof, and a heat pump to keep things cozy. Whether you choose to remodel the existing home or utilize the previous 2-bedroom build approval to create something new, you'll be surrounded by a year-round stream, a private pond, and fruit trees. For the "Bring Your Vision" enthusiast, the remnants of the original homestead and poultry shed are waiting for a creative revival. This property works as hard as you do with 2 driveways and five outbuildings"”including a 480sf detached garage, a full-sized shipping container, and full RV hookups for your "consultants" (or adventurous guests). A laurel hedge is growing to provide privacy from the road. Whether you're looking to flip, expand, or establish a multi-generational estate, the infrastructure is in place and the potential is limitless. Bring your plans"”Home is calling!

LAST UPDATED 5/9/2026 TRACT Home
YEAR BUILT 1976 COMMUNITY Home
COUNTY Pierce STATUS Active
PROPERTY TYPE(S) Mobile/Manufactured

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


ADDITIONAL DETAILS
AIR Heat Pump
AIR CONDITIONING Yes
AREA 4 - Key Peninsula South
BASEMENT None
CONSTRUCTION Metal Siding, Vinyl Siding
EXTERIOR Garden
FIREPLACE Yes
GARAGE Yes
HEAT Electric, Heat Pump, Propane, Wood
INTERIOR Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Wired for Generator
LOT 3.86 acre(s)
LOT DESCRIPTION Open Space, Paved, Value In Land
MLS STATUS Active
PARKING Driveway, Detached, RV Access/Parking
SEWER Septic Tank
STORIES 1
STYLE 21 - Manuf-Double Wide
SUBDIVISION Home
TAXES 3160
VIEW Yes
VIEW DESCRIPTION Territorial
WATER Well, Private

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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 5/10/26 3:16 AM 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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