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Lakebay, WA, 98349 • 98349 • Pierce County
2.2 acLot
Waterfront Property
Bank-Low, No Bank, Saltwater, Sound
Scenic Views
Bay · Sound · Territorial
Lakebay
98349
Garage
Garage
Demand and pricing signals for this listing
850 days on market
Established listing
Lot
Truly one of the best waterfront properties available today. This property has 380' of prime low bank waterfront and is part of the original Penrose estate with an amazing history. Property has many features that it makes it one of the ultimate hidden gems in the Puget Sound area. Including a restored boat house and cabana that sit on piers above the water, restored cedar multi car garage with loft, the dock is fully owned. The property also has 2 manufactured homes at the water's edge. These homes are very rough and might need to be replaced but have been left in place because of the close proximity to the water giving the new owner the opportunity the replace them where they sit. Property has large pasture areas and many fruit trees.
Based on current rates
Est. 6.18% rate · 30yr fixed · $660,000 loan
Full calculator →Key facts and listing details
5 categories of property features
Market data and value estimates
3 schools rated nearby
Lakebay, WA, 98349
7 events
15 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 04:28:27 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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