Listed by Nancy Wallace • Coldwell Banker Bain.

For sale

$229,000

Est. $1,283/mo —

Land

•

12.83

acres (lot)

0 Cornwall Rd NW, Lakebay, WA 98349

About this home

Discover the opportunity to own 12.83 acres of private wooded land, in the peaceful waterfront community of Lakebay, on the scenic Key Peninsula. Tucked away in a tranquil setting, this expansive parcel offers TWO BUILDING SITES, creating the flexibility to design a private estate, multi-generational retreat, or a primary residence with a guest home. Towering evergreens, natural forested surroundings, and abundant wildlife also make it the perfect camping site; surrounded by the privacy and serenity you have been looking for. Life in Lakebay is defined by its relaxed coastal charm, where days are spent exploring nearby shorelines, kayaking or boating along Carr Inlet, visiting local parks, and enjoying a slower pace. Residents appreciate the strong sense of community and easy access to recreation while still being within reach of the shopping, dining, and marinas of Gig Harbor and the amenities of Tacoma and Gig Harbor. Whether you’re looking to build now or invest for the future, this rare acreage offers the chance to own something truly special in one of the peninsula’s most peaceful and naturally beautiful settings.

Vacant landProperty Type

12.83 acresLot Size

$17,849Price/Acres

Listed by Nancy Wallace • Coldwell Banker Bain

Listing updated: Jun 12, 2026 at 11:09am

Redfin checked: a minute ago

•Source:NWMLS as Distributed by MLS Grid #2494351

Payment calculator

$1,283 per month

Principal and interest$1,203

Property taxes

$45

HOA dues

Home insurance

$34

Utilities

Add

Mortgage resources

See this home in person

Open houses

No upcoming open houses.

Nearby open houses (10)

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Chris Conroy • Ensemble
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Tanya Headrick • eXp Realty
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Emma Kowalski • Keller Williams South Sound
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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 • 3.7mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Secluded setting
Brush, evergreens and heavily forested

Sale and tax history for 0 Cornwall Rd NW

Sale History
Tax History

Date

Event

Price

Jun 9, 2026

Price Changed

NWMLS as Distributed by MLS Grid #2494351

$229,000

Mar 18, 2026

Listed (Active)

NWMLS as Distributed by MLS Grid #2494351

$249,000

Apr 4, 2019

Sold (MLS) (Sold)

NWMLS as Distributed by MLS Grid #1396629

$95,000

Mar 28, 2019

Pending

NWMLS as Distributed by MLS Grid #1396629

—

Feb 7, 2019

Pending (Pending Feasibility)

NWMLS as Distributed by MLS Grid #1396629

—

Jan 1, 2019

Listed (Active)

NWMLS as Distributed by MLS Grid #1396629

$95,000

Apr 3, 2006

Sold

Public Records

$100,000

Apr 14, 1992

Sold

Public Records

$66,000

May 9, 1991

Sold

Public Records

$37,000

Apr 30, 1990

Sold

Public Records

$110,000

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

12.83 Acres

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Vacant Land

County

Pierce County

APN

0020022004

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Apr 9, 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

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

99/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 17% for direct sun exposure in Lakebay. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.8 hrs

5.8 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 0 Cornwall Rd NW

$210,051

$19K under list price of $229K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $70K to $350K.

BOUGHT WITH REDFIN JUL 16, 2026
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smaller lot
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Land— sq ft
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larger lot
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Land— sq ft
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smaller lot
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Land— sq ft
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smaller lot
SOLD AUG 13, 2026
$349,950 Last sold price
1 bed1 bath756 sq ft
4803 165th Ave SW, Longbranch, WA 98351
smaller lot
SOLD JUN 24, 2026
$70,000 Last sold price
Land— sq ft
17616 30th St NW, Home, WA
smaller lot

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