Sold850d on market
213 Ulsh Road SW
Lakebay, WA, 98349 • 98349 • Pierce County
$825,000
2.2 acLot
Property DNA
Waterfront Property
Bank-Low, No Bank, Saltwater, Sound
Scenic Views
Bay · Sound · Territorial
Lakebay
98349
Garage
Garage
Market activity
Demand and pricing signals for this listing
850 days on market
Established listing
About this home
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.
Estimated monthly payment
Based on current rates
$5,134/month
Principal & Interest$4,034
Property Tax$825
Insurance$275
Down payment20% ($165,000)
3%50%
Est. 6.18% rate · 30yr fixed · $660,000 loan
Full calculator →At a glance
Key facts and listing details
Property
Home typeLot
Sub-typeUnimproved Land
Systems
Water / SewerAvailable, Drilled Well, Jurisdiction: private / Not Available, Septic Design Installed
Parking & Outdoor
ParkingGarage
Lot2.16 Acres
Location & Tax
Neighborhood98349
Annual tax$4,212
Parcel4346060000
Features & details
5 categories of property features
Exterior Features
Parking
Garage
Lot Features
Dead End Street
Open Lot
Paved
Evergreens
Garden/Fruit Trees
Lightly Treed
Partially Cleared
Pasture Land
Views
Bay
Sound
Territorial
Utilities
Electricity Connected
Septic Design Installed
Gas
Not Available
Listing insights
Market data and value estimates
StatusSold
Days on market850
Est. rent$1,966/mo
Tax rate0.88%
On marketAug 23, 2023
PostedApr 29, 2023
Last sold$825,000
MLS statusSold
MLS updatedMar 6, 2024
Tour days6
How are the schools in Lakebay?
3 schools rated nearby
Location
Lakebay, WA, 98349
Price history
7 events
DateEventPrice$/sqftSource
Dec 8, 2023Sold$825,000—NWMLS as distributed by MLS GRID
Nov 13, 2023Pending Sale$850,000—NWMLS as distributed by MLS GRID
Nov 13, 2023Listed For Sale$850,000—NWMLS as distributed by MLS GRID
Dec 7, 2020Sold$549,000—NWMLS as distributed by MLS GRID
Oct 15, 2020Pending Sale$549,000—Windermere Real Estate/Key Realty
Sep 26, 2020Price Change$549,000—Windermere Real Estate/Key Realty
Jul 18, 2020Listed For Sale$649,000—Windermere Real Estate/Key Realty
Sold$825,000
Dec 8, 2023•NWMLS as distributed by MLS GRID
Pending Sale$850,000
Nov 13, 2023•NWMLS as distributed by MLS GRID
Listed For Sale$850,000
Nov 13, 2023•NWMLS as distributed by MLS GRID
Sold$549,000
Dec 7, 2020•NWMLS as distributed by MLS GRID
Pending Sale$549,000
Oct 15, 2020•Windermere Real Estate/Key Realty
Price Change$549,000
Sep 26, 2020•Windermere Real Estate/Key Realty
Listed For Sale$649,000
Jul 18, 2020•Windermere Real Estate/Key Realty
Tax history
15 years of records
YearTax paidAssessed value
Apr 7, 2023$9$1,000
Apr 7, 2022$8$1,000
Apr 7, 2021$10$1,000
Apr 7, 2019$31$3,000
Apr 7, 2018—$3,000
Apr 7, 2017$122$3,000
Apr 7, 2016$122$3,000
Apr 7, 2014$122$9,600
Apr 7, 2013$114$9,200
Apr 7, 2012—$8,700
Apr 7, 2011—$8,900
Apr 7, 2010—$9,700
Apr 7, 2009—$10,000
Apr 7, 2008$7,532$10,400
Apr 7, 2007$2,502$13,000
Nearby homes
Neighborhood details
Local context around this listing
Lakebay, WA • Pierce County
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
98349
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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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