Key Peninsula South, WA homes for sale & real estate

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NEW CONSTRUCTION

ABOUT THIS HOME
Key Peninsula South, WA Homes for Sale
If privacy is what you're looking for, you've found it! Nestled among mature trees on a level 2.74-acre lot, this brand-new 3-bedroom, 2-bathroom home offers the perfect blend of peaceful country living and modern comfort. The expansive property provides plenty of room to build a shop, create additional parking, or store your RV, boat, and other recreational toys. Ideally located just minutes from Joemma Beach State Park and the Palmer Lake community, you'll enjoy easy access to a community dock, boat launch, fishing, swimming, and endless outdoor recreation. Whether you're seeking a private retreat or a place with room to grow, this property offers the best of both worlds.

$484,950

3 beds2 baths1,298 sq ft

1615 Lake Dr SW, Lakebay, WA 98349

2.74-acre lot • Boat launch • Community dock

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Key Peninsula South, WA Homes for Sale
Discover the perfect balance of privacy and potential with this exceptional nearly 10-acre property located in the peaceful and secluded community of Lakebay, Washington. Surrounded by stunning cedar trees and rich forestry, this unique parcel offers the ideal setting for you to build your dream home or private getaway. With power and water available, including a drilled well, much of the groundwork is ready for your vision. While the lot was previously cleared and featured a long driveway leading to a remote clearing offset from the road, it will need to be refreshed, presenting an exciting opportunity to design the property to suit your needs. The land is primarily flat for easy building,

$220,000

Land9.45 acres (lot)

3009 Whiteman Rd SW, Lakebay, WA 98349

Remote clearing • Long driveway • Drilled well

Listing provided by NWMLS as Distributed by MLS Grid

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ABOUT THIS HOME
Key Peninsula South, WA Homes for Sale
Escape to your own Pacific Northwest retreat! This one-of-a-kind custom home offers rustic charm, modern comforts, and an incredible connection to nature. From the stunning stone entry to the warm exposed woodwork and abundant natural light, you’ll feel right at home. Enjoy a spacious loft, bonus room, and an amazing rooftop deck—perfect for entertaining, stargazing, or relaxing with your morning coffee. Thoughtful updates include a tankless hot water heater, durable metal roof, upgraded 20-amp outdoor outlets, remote-controlled laundry room ceiling fan, wireless window security sensors, and a transferable security system. Outside, you’ll find apple, cherry, and plum trees

$444,000

2 beds1 bath1,236 sq ft

19112 19th SW, Lakebay, WA 98349

Rooftop deck • Metal roof • Outdoor outlets

Listing provided by NWMLS as Distributed by MLS Grid

ABOUT THIS HOME
Key Peninsula South, WA Homes for Sale
Are you wanting the Peninsula lifestyle without chasing Gig Harbor prices? This parcel in Lakebay’s Palmer Lake community deserves a closer look. Surrounded by natural beauty in a quiet wooded setting, this property offers the chance to build in an area known for recreation, privacy, and a slower pace of life. Near Palmer Lake and Joemma Beach State Park, it may be a smart fit for buyers seeking a more attainable path into Peninsula living. Water is active to the meter, though no piping has been run beyond that point. Septic plans were previously approved and are now expired. Buyer to verify all development and utility details.

$65,000

Land9,235 sq ft (lot)

19025 SW 23rd St, Lakebay, WA 98349

Listed 148 days

Listing provided by NWMLS as Distributed by MLS Grid

Based on information submitted to the MLS GRID as of Thu Sep 10 2026. 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. Some IDX listings have been excluded from this website.

Average home prices near Key Peninsula South, WA

Cities

Olympia homes for sale
$549,950
Port Orchard homes for sale
$599,995
Bremerton homes for sale
$537,000
Lacey homes for sale
$529,000
Steilacoom homes for sale
$780,000
Shelton homes for sale
$412,475
Gig Harbor homes for sale
$1,027,000
Belfair homes for sale
$484,250
Vashon homes for sale
$899,000
University Place homes for sale
$709,000
Fircrest homes for sale
$640,000
Lakewood homes for sale
$599,999
Tumwater homes for sale
$575,000
DuPont homes for sale
$570,000
Tacoma homes for sale
$500,000

Zip Codes

98349 homes for sale
$487,000
98351 homes for sale
$694,998

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* Data from the last year

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