2723 Key Peninsula Highway SW, Lakebay, WA 98349 (MLS # 2499275)

Save to Favorites
Print
Share
Listing provided courtesy of Northwest MLS; RE/MAX Exclusive

PRICE $939,000
BEDS 4
BATHS 1.75
HOME SIZE 2,534 sqft
LOT SIZE 10.00 ac

Dreaming of country living with endless potential? This picturesque 10-acre hobby farm offers the perfect blend of rustic charm, functionality, and opportunity. The property features pasture for horses, a loafing shed, mini-barn, detached garage, huge pole building/shop, a seasonal duck pond, and a truly special original homestead barn over 100 years old, ready to be restored to its former glory or reimagined as a one-of-a-kind venue for gatherings, barn parties, or harvest celebrations. The inviting Craftsman farmhouse is full of warmth and character, highlighted by a large covered front porch made for sipping lemonade or sweet tea while taking in the peaceful farm setting. Adding to the property's charm is a mature orchard featuring 16 varieties of apples, Asian pears, and plums, creating a beautiful and fruitful extension of the farm lifestyle. Inside, you'll find a main-level primary suite, a charming country kitchen with pot-belly stove, a dining room overlooking the property, plus 3 upstairs bedrooms and an office/bonus room. Whether you're dreaming of animals, gardens, entertaining, workshops, or simply room to roam, this property is rich with possibility.

LAST UPDATED 4/3/2026 TRACT Lakebay
YEAR BUILT 1940 COMMUNITY Lakebay
COUNTY Pierce STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Evergreen Elem
Jr. High School Key Peninsula Mid
High School Peninsula High


ADDITIONAL DETAILS
AIR Ceiling Fan(s), Heat Pump
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Washer
AREA 4 - Key Peninsula South
BARN/EQUESTRIAN Yes
BASEMENT None
CONSTRUCTION Wood Siding
EXTERIOR Garden
FIREPLACE Yes
GARAGE Yes
HEAT Electric, Forced Air, Heat Pump
INTERIOR Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Wet Bar
LOT 10 acre(s)
LOT DESCRIPTION Level, Rolling Slope
MLS STATUS Active
PARKING Detached Carport, Driveway, Detached, RV Access/Parking
SEWER Septic Tank
STORIES 1.5
STYLE 11 - 1 1/2 Story
SUBDIVISION Lakebay
TAXES 6825
UTILITIES Cable Available
VIEW Yes
VIEW DESCRIPTION Pond, Territorial
WATER Well, Private

SATELLITE VIEW



 
CONTACT US ABOUT 2723 KEY PENINSULA HIGHWAY SW
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Danne Neill to contact you even if your name is on a Federal or State "Do not call List".

Properties with the Logo icon are courtesy of Northwest MLS.

Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 4/3/26 7:46 PM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.

DMCA Notice

  Logo

This IDX solution is (c) Diverse Solutions 2026.