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Lakebay, WA, 98338 • 98338 • Pierce County
$325/sqft
Down payment assistance available
7Beds
5Baths
5,982Sqft
10 acLot
1971Built
Territorial Views
Territorial
2 Stories w/Bsmnt Style
Built 1971 · 55 years of history
Graham
98338
Outdoor Living
Bath Off Primary · Ceiling Fan(s) · Dining Room · Fireplace · Fireplace (Primary Bedroom) · Vaulted Ceiling(s) · Walk-In Closet(s) · Water Heater · Wet Bar · Wired for Generator
3 Fireplaces
Gas · See Remarks · Wood Burning · Lower Level: 1 · Main Level: 1 · Upper Level: 1 · Fireplace
Special Features
ADU Beds: 2 · ADU Baths: 1
Garage
Driveway · Attached Garage · Detached Garage
Ceramic Tile Floors
Quality flooring throughout
This home is getting attention
Listed 33 days ago · 1,095 views · 27 saves
Demand and pricing signals for this listing
1,095 views
People checking out this listing
27 saves
Buyers have saved this home
33 days on market
Established listing
$325/sqft
Price per square foot
This home ranks in the top 41% of listings most likely to go under contract soon, based on market activity and demand signals.
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Single Family · Built 1971
Rare 10-acre dual-residence estate with exceptional potential! Truly one-of-a-kind property featuring two homes on two tax parcels, multiple large shops, and a beautiful gated, park-like setting. The main home is a custom-built 3,438 sf 5 bed/3 bath two-story w/basement—spacious kitchen w/Viking cooktop, wall oven, and built-ins, generous dining, office/den, great room w/wood & propane fireplaces, and large entertainment/media area w/bar. Primary suite features fireplace, built-ins, custom closet & ¾ bath w/dual-head shower. Updated paint, gutters, heat pump, electric furnace, durable Hardi-style siding, plus a home generator for peace of mind during inclement weather. Delightful in-ground pool w/new pump & fenced yard. Second home is a charming 936 sf 2 bed/1 bath rambler w/full kitchen, great room, wood fireplace & a huge 1,296 sf 2-bay garage w/shop, lighting, 1/2 bathroom, storage & separate power. Incredible outbuildings include a massive 9-bay and an additional 3-bay corrugated metal garage—both w/power, lighting & concrete floors (lifts excluded)—plus a barn, two sheds, and cross-fencing for horses or livestock. Rolling grassy grounds, mature evergreens, and gated entry offer privacy, function & limitless opportunity—ideal for multi-generational living, car collection, restoration, home business, or investment. A rare Graham treasure ready for modernization & new vision.
Standout features identified
Our analysis highlights beautiful gated park-like setting, multiple large shops, and mature evergreens as key attractions of this home.
Based on current rates
Est. 6.19% rate · 30yr fixed · $1,556,000 loan
Full calculator →Key facts and listing details
14 categories of property features
17 rooms detailed
Master Bedroom
SecondBedroom
SecondBedroom
SecondBedroom
SecondBedroom
SecondBathroom Full
MainMarket data and value estimates
3 schools rated nearby
Lakebay, WA, 98338
2 events
19 years of records
Local context around this listing
Lakebay, WA • Pierce County
Nearby cities
Nearby zip codes
Based on information submitted to the MLS GRID as of 2026-04-07 07:48:29 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. [Click here for more information](/mls-disclaimers/#39)
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