This home's estimate is 4% higher than the average sale price ($516K) of 6 comparable homes.
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12 Cornwall Rd SW, Lakebay, WA 98349
About this home
This Beautiful Cedar Homestead Is Just The Perfect Place To Relax and Unwind! Gorgeous Birch Hardwood floors Throughout, Large Open Ceiling's, Newer Vinyl Windows, Large Open Living Area, Bonus Room, Den/Office With Closet, Huge Deck To Entertain on This Summer, Partial View of The Bay & Marina, Especially In The Winter When The Leaves Fall. Newer Split System A/C. Enjoy This stunning 6.7 Acres Has To Offer! Very Short Walk to Lakebay Marina. Love To Bake? Cherry, Apple and Pear Trees To Enjoy, Nice Garden Area With Hops, Mint, Raspberries, Onion and Lavender. Come and Enjoy This Peaceful Property! A Slice of Paradise Awaits You! Free Home Warranty Included.

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Market trends in 98349, WA
Last updated October 2026
Buyer's Market
Seller's Market
Seller's market
- $465,0003 beds2 baths1,880 sq ft1704 197th Ave SW, Lakebay, WA 98349Brittney Bell • Crafted Real Estate
- OPEN NOV 14, 11AM TO 2PM$375,0003 beds2 baths1,280 sq ft19307 22nd ST Ct, Lakebay, WA 98349Shari Evans • Better Properties Gig Harbor
- OPEN TODAY, 11AM TO 1PM$645,0003 beds2 baths1,760 sq ft1515 188th Ave SW, Lakebay, WA 98349Stephanie Urquhart • Real Broker LLC
- $299,0003 beds2.5 baths1,370 sq ft1207 E Madrona Blvd NW, Lakebay, WA 98349Christopher Floyd • Morrison House Sotheby's Intl
- SHORT SALE
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Provided by Redfin
Sale history for 12 Cornwall Rd SW
$304/sq ft
$293/sq ft
$207/sq ft
$204/sq ft
Tax history for 12 Cornwall Rd SW
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
R10
Rural 10 Zone
The Rural 10 (R10) zone classification is intended to provide for rural uses at a rural density.Include but are not limited to:
- Agriculture
- Housing-Single unit
- Housing-Multiple units
- Fire house
- Police station
- Transportation
- Housing-Mobile home park
Property details
Parking
- Parking Information
- Parking Features: RV Parking, None
Interior
- Bedroom Information
- # of Bedrooms: 2
- # of Bedrooms Main: 2
- Bedrooms Possible: 2
- Bathroom Information
- # of Full Baths (Total): 1
- # of Three Quarter Baths (Total): 1
- # of Full Baths (Main): 1
- # of Three Quarter Baths (Upper): 1
- Basement Information
- Basement Features: None
- Heating & Cooling
- Has Heating
- Has Cooling
- Interior Features
- Interior Features: Ductless HP-Mini Split, Hardwood, Vaulted Ceiling(s), Water Heater
- Appliances: Dryer, Washer
- Flooring: Hardwood
- Appliances Included: Dishwasher,Dryer,Range/Oven,Refrigerator,Washer
Exterior
- Building Information
- Building Information: Built On Lot
- Roof: Composition
- Exterior Features
- Exterior Features: Wood
- Property Information
- Energy Source: Electric
- Sq. Ft. Finished: 1,416
- Style Code: 12 - 2 Story
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Property Condition: Very Good
- Has View
- Land Information
- Vegetation: Fruit Trees, Garden Space, Wooded
- Lot Information
- MLS Lot Size Source: Pierce County
- Site Features: Cable TV,Deck,Gated Entry,RV Parking
- Lot Features: Corner Lot, Paved, Secluded
- Lot Size Units: Square Feet
- Lot Size Acres: 6.5039
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $3,255
- Tax Year: 2021
- Financial Information
- Listing Terms: Cash Out, Conventional, FHA
- Buyer Financing: FHA
Utilities
- Utility Information
- Water Source: Individual Well
- Water Company: Well
- Power Company: Peninsula Light
- Sewer: Septic Tank
- Sewer Company: Septic
- Utilities: Cable Connected, Septic System, Electric, Individual Well
- Water Heater Location: Closet/Attic
- Water Heater Type: Electric
Location
- Multi-Unit Information
- Furnished: Unfurnished
- HOA Information
- Association Fee Frequency: Monthly
- School Information
- Elementary School: Evergreen Elem
- Middle Or Junior High School: Key Peninsula Mid
- High School: Peninsula High
- High School District: Peninsula
- Location Information
- Directions: Hwy 16 to Hwy 302. Straight on Key Peninsula Hwy to left on Cornwall. Go past the Lakebay Church start down the hill. Property on right.
- Topography: Level,PartialSlope
- Community Information
- Senior Exemption: false
Public facts
- Beds: 2
- Baths: 2.0
- Sq. Ft.: 1,416
- Stories: 2.0
- Parking Spaces: 4
- Basement: No
- Accessible: No
- Lot Size: 6.5 acres
- Style: Single Family Residential
- Year Built: 1930
- Year Renovated: 2023
- County: Pierce County
- APN: 0020021029
- HOA Dues: —
- Garage: No
- Features: Views
Other
- Listing Information
- Mls Status: Sold
- Listing Date Information
- Offers Review Date: Sunday, July 11, 2021
- On Market Date: Thursday, July 8, 2021
- Green Information
- Direction Faces: West
- Power Production Type: Electric
- Home Information
- Living Area: 1,416
- Living Area Units: Square Feet
- Calculated Square Footage: 1416
- MLS Square Footage Source: Pierce County
- Building Area Total: 1416
- Building Area Units: Square Feet
- Foundation Details: Poured Concrete
- Year Built Effective: 2004
- Effective Year Built Source: Public Records
- Structure Type: House
- Levels: Two
- Entry Location: Main
Around this home
Schools
- K - 12
- Preschool & daycare
Public PreK-5 • Assigned • 1.1mi
Public 6-8 • Assigned • 3.6mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 87° expected this year, 14 days in 30 years
Minimal risk of severe winds over next 30 years
15 unhealthy days expected this year, 23 days in 30 years
Sun exposure
In this area, properties receive around 8.7 hours in June and 1.8 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 98349
Home values near 12 Cornwall Rd SW
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 2934 Sq. Ft. | $587,837 |
1 Beds | 1 Baths | 1436 Sq. Ft. | $491,487 |
4 Beds | 2 Baths | 2294 Sq. Ft. | $712,082 |
2 Beds | 2 Baths | 1680 Sq. Ft. | $483,567 |
2 Beds | 2 Baths | 1032 Sq. Ft. | $359,042 |
2 Beds | 1 Baths | 972 Sq. Ft. | $357,880 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 1 Baths | 1502 Sq. Ft. | $473,848 |
3 Beds | 2 Baths | 924 Sq. Ft. | $425,373 |
3 Beds | 2 Baths | 1830 Sq. Ft. | $941,098 |
3 Beds | 2 Baths | 2640 Sq. Ft. | $607,695 |
3 Beds | 2 Baths | 1500 Sq. Ft. | $489,142 |
4 Beds | 3 Baths | 4583 Sq. Ft. | $1,140,125 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 924 Sq. Ft. | $73,248 |
2 Beds | 1 Baths | 620 Sq. Ft. | $403,966 |
2 Beds | 1 Baths | 882 Sq. Ft. | $524,595 |
1 Beds | 1 Baths | 952 Sq. Ft. | $333,021 |
4 Beds | 2.5 Baths | 4309 Sq. Ft. | $551,039 |
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