Rare 2.27-acre Lakebay property with strong potential and breath taking views! Property includes an unfinished home with approximately 1,032 sq ft of interior space plus 2 bedrooms and 2 baths with expansive acreage to create a custom home site, shop, ADU, or multi-use space. Located in a quiet rural setting with fully fenced grounds, this parcel offers RV parking, outbuildings, abundant room for toys, livestock, or future improvements, and privacy while still being just minutes from community amenities and Puget Sound access. Interior is unfinished — bring your contractor and transform this space into a one-of-a-kind Lakebay retreat or investment flip. With utilities in place including individual well and septic, there’s tremendous upside for the right buyer. Property Highlights: • Approx. 1,032 sq ft interior space • 2 beds, 2 baths (buyer to verify) • 2.27 acres of usable land (2 Parcels) • Fully fenced — great for pets, pasture, gardening • Outbuildings & storage, plus generous parking and room for shop, ADU, or detached garage • Individual well & septic present • Sold as-is — perfect for investors or buyers seeking a renovation project. This offering presents a significant opportunity to add value through finishing, creative redesign, or expansion in one of Pierce County’s peaceful and scenic rural pockets. Buyer to verify all measurements, zoning, permits, and intended use.
Listing Provided Courtesy of Angie Niethamer, KW North Sound
General Information
NWM2461648
Single Family Residence
1
DOM
2
2.27 acres
2
1032
1920
Pierce
Evergreen Elem
Key Peninsula M
Peninsula High
Residential
Single Family Residence
Listing Provided Courtesy of Angie Niethamer, KW North Sound
Krishna Realty data last checked: Feb 22, 2026 07:16 | Listing last modified Feb 21, 2026 01:02,
Source:
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Residence Information
1032
2
2
0
2
Composition
10 - 1 Story
1920
None
None
Poured Concrete
Features and Utilities
Dbl Pane/Storm Window, Water Heater
Wood
Individual Well
Septic Tank
Financial
3273
Cash, Conventional
02-19-2026
Comparable Information
1
1
Cash, Conventional
$399,950
$399,950
Feb 21, 2026 01:02
Schools
Elementary : Evergreen ElemN/ARatings Middle : Key Peninsula M N/ARatings High : Peninsula HighN/ARatings
Rare 2.27-acre Lakebay property with strong potential and breath taking views! Property includes an unfinished home with approximately 1,032 sq ft of interior space plus 2 bedrooms and 2 baths with expansive acreage to create a custom home site, shop, ADU, or multi-use space. Located in a quiet rural setting with fully fenced grounds, this parcel offers RV parking, outbuildings, abundant room for toys, livestock, or future improvements, and privacy while still being just minutes from community amenities and Puget Sound access. Interior is unfinished — bring your contractor and transform this space into a one-of-a-kind Lakebay retreat or investment flip. With utilities in place including individual well and septic, there’s tremendous upside for the right buyer. Property Highlights: • Approx. 1,032 sq ft interior space • 2 beds, 2 baths (buyer to verify) • 2.27 acres of usable land (2 Parcels) • Fully fenced — great for pets, pasture, gardening • Outbuildings & storage, plus generous parking and room for shop, ADU, or detached garage • Individual well & septic present • Sold as-is — perfect for investors or buyers seeking a renovation project. This offering presents a significant opportunity to add value through finishing, creative redesign, or expansion in one of Pierce County’s peaceful and scenic rural pockets. Buyer to verify all measurements, zoning, permits, and intended use.