24 156th Avenue SW, Lakebay, WA 98349 (MLS # 2538471)
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Listing provided courtesy of Northwest MLS; Paramount Real Estate Group
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Rare opportunity to purchase two neighboring shy 5-acre parcels together for a combined total of nearly 10 acres. Lots 2 and 4 are part of the same short plat and offer privacy, seclusion, and long-term development potential off Delano Road. Previously logged in 2020, the parcels have been subject to a 6-year building permit moratorium that is now nearing its end, creating a timely opportunity for buyers ready to plan ahead. A private gravel easement provides access to both lots, with usable land, natural surroundings, and room to create your vision. Enjoy nearby outdoor amenities including Penrose Point State Park and Lakebay Marina. Owner financing may be available with a large down payment.
| LAST UPDATED | 6/11/2026 | TRACT | Key Peninsula South |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Key Peninsula South |
| COUNTY | Pierce | STATUS | Active |
| PROPERTY TYPE(S) | Lot/Land/Acreage |
| Elementary School | Evergreen Elem |
|---|---|
| Jr. High School | Key Peninsula Mid |
| High School | Peninsula High |
| ADDITIONAL DETAILS | |
| AREA | 4 - Key Peninsula South |
|---|---|
| HEAT | None |
| LOT | 9.79 acre(s) |
| LOT DESCRIPTION | Dead End Street, Open Space |
| LOT DIMENSIONS | Irregular |
| MLS STATUS | Active |
| STYLE | 41 - Res-Over 1 Acre |
| SUBDIVISION | Key Peninsula South |
| TAXES | 2296 |
| UTILITIES | Electricity Available |
| ZONING | Residential |
| SATELLITE VIEW |
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Properties with the 
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 6/12/26 3:44 AM 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.
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