About this home

Tucked away on the scenic Key Peninsula, this shy 5-acre parcel offers a peaceful, private setting with a cleared homesite ready for your dream dwelling. Enjoy a bright and sunny yard with ample space for a garden, recreational area, or outdoor retreat. Located just minutes from Joemma Beach and Penrose Point State Parks, this property is a gateway to hiking, camping, and endless outdoor adventures. Close proximity to the Herron Island ferry, A-Street boat launch, and the Longbranch Marina makes it ideal for boating and water recreation. You’ll enjoy the charm of the idyllic, unincorporated town of Home, as well as nearby Lakebay and Longbranch, where a slower pace and community spirit thrive.

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Peninsula High

Property details

View: Territorial
Lot: Adjacent to Public Land, Secluded
Water source: Well Needed
Sewer: Not Available
Utilities: Electricity Available

Costs

Annual taxes: $1,537 (2025)

Estimate your monthly payment

$887/mo

Principal & interest: $758
Property taxes: $128

Down payment (20%) $30,000 Interest rate (%) Loan term (years)

Loan amount $120,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Lakebay, WA 98349

Approximate location. Contact us to confirm the exact address.

Listing courtesy of PropertiesNW of Gig Harbor Ltd— Emily Niles.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.