$375,000

2 Beds 2 Baths 1,248 SQFT 3.86 Acres
Type: Single Family

1916 Key Peninsula Highway NW
Lakebay, WA 98349

MLS#: 2520753
Presented by: Martin Real Estate Group and NWMLS

Property Description

 

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, 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! FINANCING AVAILABLE, INQUIRE WITH A REAL ESTATE PROFESSIONAL TO SEE REMARKS.


 

Interior Features

Bedrooms

Bedrooms Lower0
Bedrooms Possible2
Bedrooms Upper0
Main Level Bedrooms2
Total Bedrooms2

Bathrooms

3/4 Baths1
Bathrooms1.75
Baths Full Garage0
Baths Full Lower0
Baths Full Main1
Baths Full Upper0
Baths Half Garage0
Baths Half Lower0
Baths Half Main0
Baths Half Upper0
Baths Three Quarter Garage0
Baths Three Quarter Lower0
Baths Three Quarter Main1
Baths Three Quarter Upper0
Half Baths0
Total Baths2

Other Interior Features

Air Conditioning Y/NYes
BasementNone
Fireplace FeaturesGas
Fireplace Y/NYes
Fireplaces Main1
FlooringLaminate, Vinyl, Carpet
Heating Y/NYes
Interior AmenitiesBath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Wired for Generator
Power Production TypeElectric, Propane, Wood
Total Fireplaces1

General

Attached Garage No
Body TypeDouble Wide
Building Area Units0 sqft
Carport Y/NNo
CityLakebay
CoolingHeat Pump
CountyPierce
DirectionsHead south on Key Peninsula Hwy NW, property will be on the right.
Elementary SchoolEvergreen Elem
Entry LocationMain
Full Baths1
Garage Y/NYes
HOANo
HOA Fee$0
HeatingHeat Pump
High SchoolPeninsula High
High School DistrictPeninsula
Land Lease Y/NNo
LevelsOne
Listing TermsCash, Conventional, See Remarks, VA Loan
Living Area1,248 sqft
Lot Size Square Feet168,142 sqft
Lot Size UnitsSquare Feet
MLS Area4 - Key Peninsula South
Middle/Junior High SchoolKey Peninsula Mid
NWM_ShowMapLinkY
New ConstructionNo
PossessionClosing
Property Style21 - Manuf-Double Wide
Property SubtypeManufactured On Land
Property TypeResidential
Public RemarksAffordable 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
RoofMetal
Senior Community Y/NNo
SewerSeptic Tank
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeManufactured House
Subdivision NameHome
Tax Annual Amount$3,160
Tax Year2026
TopographyLevel, Steep Slope
ViewTerritorial
Water CompanyIndividual Well
Year Built1976

Exterior

Building Area Total1,248 sqft
Covered Spaces2
Exterior AmenitiesMetal/Vinyl
Irrigation Water Rights Y/NNo
Lot FeaturesOpen Space, Paved, Value In Land
Lot Size Acres3.86
Parking FeaturesDriveway, Detached Garage, RV Parking
Site FeaturesDeck, High Speed Internet, Outbuildings, RV Parking
Total Parking2
VegetationBrush, Fruit Trees, Garden Space, Wooded
Water SourceIndividual Well
Waterfront Y/NNo

Additional Details

Price History

Schools 

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

  

Similar Properties

$375,000

2 Beds 2 Baths 1,248 SQFT 3.86 Acres
Type: Single Family

1916 Key Peninsula Highway NW
Lakebay, WA 98349

MLS#: 2520753