This home's estimate is 78.5% higher than the average sale price ($811K) of 6 comparable homes.
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311 Cornwall Rd NW, Lakebay, WA 98349
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About this home
Private luxury custom retreat on 15 breathtaking acres designed with intention, craftsmanship & timeless beauty. Beyond the gated entry, dramatic open living spaces & expansive floor-to-ceiling windows capture peaceful surroundings while filling the home with natural light. Living areas flow seamlessly onto a covered patio overlooking lush landscaping & tranquil grounds. The chef’s kitchen with dual islands was thoughtfully designed for entertaining & everyday luxury. Striking soapstone wood-burning cook stove & elegant dual-sided gas fireplace create warmth & inviting gathering spaces. Stunning primary suite offers a beautifully appointed ensuite, serene views & patio access. Two guest bedrooms each feature private baths, creating comfort & privacy for guests or multigenerational living. With 4,012 sq ft of living space, two laundry rooms, 2,456 sq ft garage space for up to 8 vehicles with workshop potential & 753 sq ft unfinished space above garage with private entrance, for future expansion, this property offers exceptional flexibility. Trails, fruit trees, sprinkler system, outbuildings, equipment carport, wired for generator, Astound high-speed internet, 1,500-gallon water tank & private well with Variable Frequency Drive system producing 20 GPM add long-term value. Minutes to Gig Harbor, Hwy 16 & future Lakebay Marina redevelopment. Inspection report available upon request.

Redfin Estimate
Market trends in 98349, WA
Last updated August 2026
Buyer's Market
Seller's Market
Seller's market
- $535,0002 beds2 baths1,024 sq ft19117 21st Street Ct SW, Lakebay, WA 98349Larry Tuell • RE/MAX Northwest
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Sale and tax history for 311 Cornwall Rd NW
- Sale History
- Tax History
$310/sq ft
$310/sq ft
$29/sq ft
$31/sq ft
$35/sq ft
$18/sq ft
Public record
- Public record
- Zoning
RSR
Rural Sensitive Resource Zone
The Rural Sensitive Resource (RSR) zone classification is intended to provide low density rural residential development in order to protect environmentally sensitive areas such as stream corridors, aquifer recharge areas, and fish and wildlife habitat areas. The RSR classification is applied to parcels that have at least 50 percent of the land area located within a designated open space corridor. Permitted and conditional uses employing low impact development techniques are compatible with the RSR zone. New development within the RSR classification shall utilize low impact development (LID) techniques as outlined in the Pierce County Stormwater Management and Site Development Manual.Include but are not limited to:
- Agriculture
- Community / recreation center
- Housing-Single unit
- Housing-Multiple units
- Educational/school
- Fire house
- Police station
- Housing-Mobile home park
Property details
Parking
- Parking Information
- Parking Uncovered Total: 6
- Covered Spaces: 8
- Parking Features: Detached Carport, Driveway, Attached Garage, RV Parking
- Has Carport
- Has Attached Garage
- Has Garage
- Garage Square Feet: 2,456
Interior
- Virtual Tour
- Bedroom Information
- # of Bedrooms: 3
- # of Bedrooms Main: 2
- # of Beds Lower: 1
- Bedrooms Possible: 4
- Bathroom Information
- # of Full Baths (Total): 1
- # of Three Quarter Baths (Total): 2
- # of Main Level Bathrooms (Total): 2
- # of Full Baths (Main): 1
- # of Three Quarter Baths (Main): 1
- # of Three Quarter Baths (Lower): 1
- # of Bathtubs: 1
- # of Showers: 3
- Room 1 Information
- Room Type: Den/Office
- Room Level: Main
- Room 2 Information
- Room Type: Dining Room
- Room Level: Main
- Room 3 Information
- Room Type: Entry Hall
- Room Level: Main
- Room 4 Information
- Room Type: Great Room
- Room Level: Main
- Room 5 Information
- Room Type: Kitchen With Eating Space
- Room Level: Main
- Room 6 Information
- Room Type: Primary Bedroom
- Room Level: Main
- Room 7 Information
- Room Type: Utility Room
- Room Level: Main
- Room 8 Information
- Room Type: Bathroom Full
- Room Level: Main
- Room 9 Information
- Room Type: Bathroom Three Quarter
- Room Level: Lower
- Room 10 Information
- Room Type: Bathroom Three Quarter
- Room Level: Main
- Room 11 Information
- Room Type: Bedroom
- Room Level: Lower
- Room 12 Information
- Room Type: Bedroom
- Room Level: Main
- Basement Information
- Basement Features: Daylight, Finished
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 2
- Fireplace Features: Gas, Wood Burning
- # of Fireplaces Main: 2
- Heating & Cooling
- Has Heating
- Heating Information: 90%+ High Efficiency, Heat Pump, Stove/Free Standing
- Has Cooling
- Cooling Information: 90%+ High Efficiency, Heat Pump
- Interior Features
- Interior Features: Built-In Vacuum, Dining Room, Fireplace, French Doors, High Tech Cabling, Pantry, Security System, Vaulted Ceiling(s), Walk-in Closet(s), Water Heater, Wired for Generator
- Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s)
- Flooring: Ceramic Tile, Engineered Hardwood, Vinyl Plank, Carpet
- Appliances Included: Dishwasher(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s)
Exterior
- Building Information
- Building Information: Built On Lot,Detached
- Construction Materials: Cement Plank, Wood
- Roof: Composition, Metal
- Exterior Features
- Exterior Features: Cement Planked, Wood Products
- Property Information
- Energy Source: Electric,Propane,Wood
- Sq. Ft. Finished: 4,012
- Sq. Ft. Unfinished: 753
- Style Code: 10 - 1 Story
- Property Type: Residential
- Property Sub Type: Single Family Residence
- Has View
- Land Information
- Vegetation: Brush, Fruit Trees, Garden Space, Wooded
- Lot Information
- MLS Lot Size Source: Co Assessor
- Site Features: Deck,Fenced-Partially,Gated Entry,High Speed Internet,Outbuildings,Patio,Propane,RV Parking,Sprinkler System
- Lot Features: Open Space, Paved, Secluded
- Lot Size Units: Square Feet
- Lot Size Acres: 15
- Elevation Units: Feet
Financial
- Tax Information
- Tax Annual Amount: $6,709.70
- Tax Year: 2026
- Financial Information
- Listing Terms: Cash, Conventional, FHA, VA Loan
- Buyer Financing: Conventional
Utilities
- Utility Information
- Water Source: Individual Well, Private
- Power Company: PenLight
- Sewer: Septic Tank
- Water Heater Location: Lower garage
- Water Heater Type: Electric
- Cable Connected: Astound
- Internet Connected: Astound
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: Hwy 16 to Purdy exit, cross Purdy bridge and follow Key Peninsula Hwy through town of Home, right on Cornwall to property on right.
- Topography: Level,Partial Slope
- Community Information
- Senior Exemption: false
Public facts
- Beds: 3
- Baths: 3.0
- Sq. Ft.: 4,765
- Stories: 1.0
- Parking Spaces: 14
- Basement: Yes
- Accessible: No
- Lot Size: 15 acres
- Style: Single Family Residential
- Year Built: 2018
- Year Renovated: 2018
- County: Pierce County
- APN: 0021353019
- HOA Dues: —
- Garage: Yes
- Features: Views, Green
Other
- Listing Information
- Buyer Brokerage Compensation: 2.5
- Buyer Brokerage Compensation Type: %
- Mls Status: Sold
- Listing Date Information
- On Market Date: Wednesday, June 17, 2026
- Green Information
- Power Production Type: Electric, Propane, Wood
- Home Information
- Living Area: 4,012
- Calculated Square Footage: 4765
- MLS Square Footage Source: Co Assessor
- Building Area Total: 4765
- Building Area Units: Square Feet
- Foundation Details: Poured Concrete
- Year Built Effective: 2018
- Effective Year Built Source: Public Records
- Structure Type: House
- Levels: One
- Security Features: Partially Fenced, Security Gate, Security System
- Entry Location: Main
Around this home
Schools
Public PreK-5 • Assigned • 1.4mi
Public 6-8 • Assigned • 3.5mi
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, 15 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
Exceptional sunlight
SunscoreThis home receives average direct sun exposure in Lakebay. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Nearby similar homes
New listings for sale in 98349
Home values near 311 Cornwall Rd NW
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1408 Sq. Ft. | $538,194 |
3 Beds | 2 Baths | 1964 Sq. Ft. | $516,291 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1782 Sq. Ft. | $507,030 |
- Beds | - Baths | - Sq. Ft. | $272,715 |
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1716 Sq. Ft. | $637,854 |
3 Beds | 2.5 Baths | 2122 Sq. Ft. | $893,920 |
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