SOLD DEC 24, 2025

Listed by Nancy Wallace • Coldwell Banker Bain. Bought with John L. Scott, Inc.

Off market dec 2025 for $859K

$899,128

Est. refi paymentEst. refi $3,922/mo

•

2,122

sq ft

216 Cornwall Rd NW, Lakebay, WA 98349

About this home

UPDATE: Previously listed as two combined parcels, this property is now offered as a single 12.82-acre lot w/home. At a newly reduced and very attractive price! If you’re interested in the second parcel, please inquire. Nestled on the Key Peninsula, Lakebay offers peaceful surroundings, abundant wildlife, and easy access to nearby marinas and state parks. This beautiful, better-than-new home features an open-concept kitchen, a whole-home water filtration system, Generac generator with automatic transfer start, 150-gallon blue water tank, three-tank septic system, and an oversized back patio ideal for entertaining. Perfect for hiking, biking, and ATV adventures with private trails. Adventure awaits, now at a serious value!

Single-familyProperty Type

2017Year Built

12.82 acresLot Size

$424Est. Price/Sq.Ft.

2 spacesParking

Listed by Nancy Wallace • Coldwell Banker Bain

Bought with Susan Wood • John L. Scott, Inc.

Redfin checked: 2 minutes ago

•Source:NWMLS as Distributed by MLS Grid #2415941

Redfin Estimate

$899,128

$40K since sold in December 2025$9,000 since October

Recently sold homes
Estimate history

This home's estimate is 13.1% higher than the average sale price ($795K) of 6 comparable homes.

SOLD AUG 21, 2026
$630,000
A
2 beds2.5 baths1,768 sq ft
308 Key Peninsula Hwy NW, Lakebay, WA 98349
Listing provided by nwmls
SOLD JUL 22, 2026
$1,475,000
B
3 beds3 baths4,765 sq ft
311 Cornwall Rd NW, Lakebay, WA 98349
Listing provided by nwmls
SOLD MAR 30, 2026
$640,000
C
3 beds2 baths1,940 sq ft
2212 184th Ave SW, Lakebay, WA 98349
Listing provided by nwmls
SOLD JUN 12, 2026
$569,000
D
3 beds2 baths2,046 sq ft
20112 13th St SW, Lakebay, WA 98349
Listing provided by nwmls
SOLD AUG 21, 2026
$725,000
E
3 beds2 baths2,091 sq ft
2918 158th Ave SW, Lakebay, WA 98349
Listing provided by nwmls
SOLD FEB 12, 2026
$729,000
F
3 beds2 baths2,372 sq ft
821 174th Ave NW, Lakebay, WA 98349
Listing provided by nwmls

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Earn from this home

Sell

$156,936

Est. take-home

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Refinance

Est. cash available

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Market trends in 98349, WA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.6%

0.8% MoM

Median sale price

$582K

$7K MoM

Avg. days on market

50d

5 days MoM

Recently sold homes

1 MoM

New listings for sale

OPEN SAT, 11AM TO 2PM
$459,900
3 beds2 baths1,546 sq ft
516 Tiedman Rd SW, Lakebay, WA 98349
Julia Clayton • eXp Realty
$465,000
3 beds2 baths1,880 sq ft
1704 197th Ave SW, Lakebay, WA 98349
Brittney Bell • Crafted Real Estate
OPEN SAT, 11AM TO 2PM
$375,000
3 beds2 baths1,280 sq ft
19307 22nd ST Ct, Lakebay, WA 98349
Shari Evans • Better Properties Gig Harbor
$645,000
3 beds2 baths1,760 sq ft
1515 188th Ave SW, Lakebay, WA 98349
Stephanie Urquhart • Real Broker LLC
$299,000
3 beds2.5 baths1,370 sq ft
1207 E Madrona Blvd NW, Lakebay, WA 98349
Christopher Floyd • Morrison House Sotheby's Intl
SHORT SALE
$275,000
3 beds2 baths1,188 sq ft
19116 21st St SW, Lakebay, WA 98349
Berklee Olson • eXp Realty
See all

Provided by Redfin

Sale history for 216 Cornwall Rd NW

Date

Event

Price

Dec 24, 2025

Sold (MLS) (Closed)

NWMLS as Distributed by MLS Grid #2415941

$859,000

$405/sq ft

Nov 26, 2025

Pending

NWMLS as Distributed by MLS Grid #2415941

—

Oct 20, 2025

Price Changed

NWMLS as Distributed by MLS Grid #2415941

$869,000

$410/sq ft

Aug 11, 2025

Listed (Active)

NWMLS as Distributed by MLS Grid #2415941

$1,074,000

$506/sq ft

Mar 13, 2019

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1274053

$495,000

$233/sq ft

Dec 20, 2018

Pending (Pending Inspection)

NWMLS as Distributed by MLS Grid #1274053

—

Dec 6, 2018

Relisted (Active)

NWMLS as Distributed by MLS Grid #1274053

—

Oct 12, 2018

Contingent

NWMLS as Distributed by MLS Grid #1274053

—

Oct 12, 2018

Pending

NWMLS as Distributed by MLS Grid #1274053

—

Jul 13, 2018

Price Changed

NWMLS as Distributed by MLS Grid #1274053

$499,500

$235/sq ft

Apr 14, 2018

Listed (Active)

NWMLS as Distributed by MLS Grid #1274053

$489,500

$231/sq ft

Apr 3, 2006

Sold

Public Records

$45,000

$21/sq ft

Apr 14, 1992

Sold

Public Records

$66,000

$31/sq ft

Apr 30, 1991

Sold

Public Records

$28,295

$13/sq ft

Apr 30, 1990

Sold

Public Records

$110,000

$52/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$6,471 (+12.8%)

$355,200 + $532,700

$887,900

2025

$5,737

$355,200 + $532,700

$887,900

2024

$5,734 (+2.2%)

$345,700 + $461,300

$807,000

2023

$5,610 (+9.1%)

$312,300 + $456,700

$769,000

2022

$5,143 (+0.6%)

$276,600 + $489,500

$766,100

2021

$5,111 (+3.4%)

$214,600 + $386,300

$600,900

2020

$4,942 (+135.5%)

$171,700 + $368,500

$540,200

2019

$2,098 (+506.1%)

$140,900 + $348,500

$489,400

2018

$346 (+594.6%)

$83,500

2010

$50 (+7.2%)

$168,900

2009

$46

$168,900

Tax history for 216 Cornwall Rd NW

Year

Property tax

Land + Additions

Assessment*

2026

$6,471 (+12.8%)

$355,200 + $532,700

$887,900

2025

$5,737

$355,200 + $532,700

$887,900

2024

$5,734 (+2.2%)

$345,700 + $461,300

$807,000

2023

$5,610 (+9.1%)

$312,300 + $456,700

$769,000

2022

$5,143 (+0.6%)

$276,600 + $489,500

$766,100

2021

$5,111 (+3.4%)

$214,600 + $386,300

$600,900

2020

$4,942 (+135.5%)

$171,700 + $368,500

$540,200

2019

$2,098 (+506.1%)

$140,900 + $348,500

$489,400

2018

$346 (+594.6%)

$83,500

2010

$50 (+7.2%)

$168,900

2009

$46

$168,900

*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

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

12.82 Acres

Year renovated

2017

Sq. Ft.

3,042

Year built

2017

Style

Vacant Land

County

Pierce County

APN

0020022011

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Nov 3, 2026.

Rural Farm Zone

The Rural Farm (RF) zone classification is intended to protect agricultural lands that may or may not have soils to qualify as Agricultural Resource Lands (ARL). The Rural Farm classification will reflect the properties that have historically been used for agricultural activities or zoned agriculture that have not been converted to more intensive and incompatible uses or that are currently being used for agricultural activities (which may include non-commercial agricultural or farming activities).

Permitted uses

Include but are not limited to:

Agriculture
Community / recreation center
Housing-Single unit
Housing-Multiple units
Lodging & hospitality
Educational/school
Agriculture-Cropland
Housing-Mobile home park
Park & open space

Property details

Parking

Parking Information
Covered Spaces: 2
Parking Features: Driveway, Attached Garage, RV Parking
Has Attached Garage
Has Garage
Garage Square Feet: 920

Interior

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Main: 3
Bedrooms Possible: 3

Bathroom Information
# of Full Baths (Total): 1
# of Three Quarter Baths (Total): 1
# of Half Baths (Total): 1
# of Main Level Bathrooms (Total): 3
# of Full Baths (Main): 1
# of Half Baths (Main): 1
# of Three Quarter Baths (Main): 1
# of Bathtubs: 1
# of Showers: 2

Room 1 Information
Room Type: Entry Hall
Room Level: Main

Room 2 Information
Room Type: Family Room
Room Level: Main

Room 3 Information
Room Type: Kitchen With Eating Space
Room Level: Main

Room 4 Information
Room Type: Living Room
Room Level: Main

Room 5 Information
Room Type: Primary Bedroom
Room Level: Main

Room 6 Information
Room Type: Bathroom Half
Room Level: Main

Room 7 Information
Room Type: Bathroom Full
Room Level: Main

Room 8 Information
Room Type: Bathroom Three Quarter
Room Level: Main

Room 9 Information
Room Type: Bedroom
Room Level: Main

Room 10 Information
Room Type: Bedroom
Room Level: Main

Basement Information
Basement Features: None

Fireplace Information
Has Fireplace
# of Fireplaces: 1
Fireplace Features: See Remarks
# of Fireplaces Main: 1

Heating & Cooling
Has Heating
Heating Information: Forced Air
Cooling Information: None

Interior Features
Interior Features: Ceiling Fan(s), Fireplace, Water Heater
Appliances: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Flooring: Ceramic Tile, Engineered Hardwood, Carpet
Appliances Included: Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior

Building Information
Building Information: Built On Lot
Construction Materials: Cement Plank, Wood
Roof: Composition

Exterior Features
Exterior Features: Cement Planked, Wood

Waterfront Information
Waterfront Footage: 0

Property Information
Energy Source: Electric,Propane
Sq. Ft. Finished: 2,122
Style Code: 10 - 1 Story
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: Very Good
Has View
Zoning: RF

Land Information
Vegetation: Brush, Fruit Trees, Garden Space, Wooded

Lot Information
MLS Lot Size Source: KCAR
Site Features: Cable TV,Deck,Fenced-Partially,Gas Available,Gated Entry,High Speed Internet,Outbuildings,Patio,Propane,RV Parking
Zoning Jurisdiction: City
Lot Features: Paved, Secluded, Value In Land
Lot Size Units: Square Feet
Lot Size Acres: 12.82
Lot Size Dimensions: 1,117,313
Elevation Units: Feet

Financial

Tax Information
Tax Annual Amount: $6,275.44
Tax Year: 2025

Financial Information
Listing Terms: Cash Out, Conventional
Buyer Financing: Conventional

Utilities

Utility Information
Water Source: Individual Well
Sewer: Septic Tank
Water Heater Location: Garage
Water Heater Type: Tankless

Location

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: GPS works great!
Topography: Level,Partial Slope

Community Information
Senior Exemption: false

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 3,042
Stories: 1.0
Lot Size: 12.82 acres
Style: Vacant Land
Year Built: 2017
Year Renovated: 2017
County: Pierce County
APN: 0020022011

Home facts updated by county records on Nov 3, 2026

Other

Listing Information
Buyer Brokerage Compensation: 2.5
Buyer Brokerage Compensation Type: %
Mls Status: Sold

Listing Date Information
On Market Date: Monday, August 11, 2025

Green Information
Power Production Type: Electric, Propane

Home Information
Living Area: 2,122
Calculated Square Footage: 2122
MLS Square Footage Source: KCAR
Building Area Total: 2122
Building Area Units: Square Feet
Foundation Details: Poured Concrete
Year Built Effective: 2017
Effective Year Built Source: Public Records
Structure Type: House
Levels: One
Security Features: Security Gate
Entry Location: Main

Around this home

Schools

K - 12
Preschool & daycare

Evergreen Elementary School

Public PreK-5 • Assigned • 1.1mi

6/10

Key Peninsula Middle School

Public 6-8 • Assigned • 3.6mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 87° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

15 unhealthy days expected this year, 23 days in 30 years

Provided by First Street

Historical weather

Lakebay, WA • 98349

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

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.

8.7 hrs

1.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$855,000 – $1.03M

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Nearby similar homes

$299,000

3 beds2.5 baths1,370 sq ft

1207 E Madrona Blvd NW, Lakebay, WA 98349

Metal roof • Private ferry • Community beach

Listing provided by NWMLS as Distributed by MLS Grid

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Listing provided by NWMLS as Distributed by MLS Grid

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20515 21st St NW, Lakebay, WA 98349

Sweeping views • Refined kitchen • View decks

Listing provided by NWMLS as Distributed by MLS Grid

$425,000

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Sunny kitchen • Quartz counters • Large deck

Listing provided by NWMLS as Distributed by MLS Grid

$465,000

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1704 197th Ave SW, Lakebay, WA 98349

Wood stove • Oak cabinetry • Flexible den

Listing provided by NWMLS as Distributed by MLS Grid

$470,000

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Listing provided by NWMLS as Distributed by MLS Grid

New listings for sale in 98349

OPEN SAT, 11AM TO 2PM

$459,900

3 beds2 baths1,546 sq ft

516 Tiedman Rd SW, Lakebay, WA 98349

Greenbelt backing • Granite countertops • Walk-in pantry

Listing provided by NWMLS as Distributed by MLS Grid

$465,000

3 beds2 baths1,880 sq ft

1704 197th Ave SW, Lakebay, WA 98349

Wood stove • Oak cabinetry • Flexible den

Listing provided by NWMLS as Distributed by MLS Grid

OPEN SAT, 11AM TO 2PM

$375,000

3 beds2 baths1,280 sq ft

19307 22nd ST Ct, Lakebay, WA 98349

Palmer lake views • Beach park • Boat launch

Listing provided by NWMLS as Distributed by MLS Grid

$645,000

3 beds2 baths1,760 sq ft

1515 188th Ave SW, Lakebay, WA 98349

One story home • Nearly 1 acre • Open concept layout

Listing provided by NWMLS as Distributed by MLS Grid

$299,000

3 beds2.5 baths1,370 sq ft

1207 E Madrona Blvd NW, Lakebay, WA 98349

Metal roof • Private ferry • Community beach

Listing provided by NWMLS as Distributed by MLS Grid

SHORT SALE

$275,000

3 beds2 baths1,188 sq ft

19116 21st St SW, Lakebay, WA 98349

Lakefront living • Premier lot • Picturesque gardens

Listing provided by NWMLS as Distributed by MLS Grid

Home values near 216 Cornwall Rd NW

Data from public records.

Address	Redfin Estimate
126 Cornwall Road Northwest, Lakebay, WA 3 Beds \| 2 Baths \| 1408 Sq. Ft.	$550,262
408 Bergeson Road Southwest, Lakebay, WA 1 Beds \| 1 Baths \| 600 Sq. Ft.	$382,561
224 Bergeson Road Southwest, Lakebay, WA 2 Beds \| 2 Baths \| 1429 Sq. Ft.	$619,594

Address	Redfin Estimate
311 Cornwall Road Northwest, Lakebay, WA 3 Beds \| 3 Baths \| 4765 Sq. Ft.	$1,409,175
322 Bergeson Road Southwest, Lakebay, WA 2 Beds \| 2 Baths \| 924 Sq. Ft.	$88,160
259 Bergeson Road Southwest, Lakebay, WA 4 Beds \| 3 Baths \| 2670 Sq. Ft.	$786,503

Address	Redfin Estimate
312 Cornwall Road Northwest, Lakebay, WA 3 Beds \| 2.5 Baths \| 1940 Sq. Ft.	$748,995
409 Bergeson Road Southwest, Lakebay, WA 3 Beds \| 2 Baths \| 1318 Sq. Ft.	$432,054

Property information provided by NWMLS as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 98349, WA

Sale history for 216 Cornwall Rd NW

Tax history for 216 Cornwall Rd NW

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 98349

Home values near 216 Cornwall Rd NW

More real estate resources