411 151st Avenue Ct SW, Lakebay, WA 98349 (MLS # 2565728)
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Listing provided courtesy of Northwest MLS; eXp Realty
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Rare opportunity to own a build-ready high-bank waterfront parcel in the desirable Lakebay area with tideland rights, completed due diligence, and significant pre-development work already underway. This property offers sweeping water views and an exceptional opportunity for a custom home, vacation retreat, or long-term investment hold. Extensive groundwork has already been completed, including survey work, wetland review/certification, geotechnical evaluation, stormwater-related work, civil engineering coordination, and utility/planning documentation. Community well agreement information, easements, and supporting development-related materials available for buyer review. The property combines privacy, natural beauty, and future vision potential while substantially reducing the uncertainty and upfront investigative work often associated with waterfront and rural development parcels. Excellent opportunity for buyers seeking a premier homesite with meaningful legwork already completed. Buyer to verify all information to their own satisfaction regarding intended use, building plans, utilities, shoreline regulations, and development feasibility.
| LAST UPDATED | 8/6/2026 | TRACT | Peninsula |
|---|---|---|---|
| YEAR BUILT | 0 | COMMUNITY | Peninsula |
| 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 | 1.7132 acre(s) |
| LOT DESCRIPTION | Dead End Street |
| MLS STATUS | Active |
| STYLE | 41 - Res-Over 1 Acre |
| SUBDIVISION | Peninsula |
| TAXES | 3509 |
| UTILITIES | Electricity Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Sound |
| WATER | See Remarks |
| WATERFRONT | Yes |
| WATERFRONT DESCRIPTION | Waterfront |
| ZONING | Residential,See Remarks |
TOTAL MONTHLY PAYMENT
| 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 8/7/26 7:59 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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