Key Peninsula South Real Estate

Welcome to Key Peninsula South, a hidden gem nestled in the heart of Pierce County, Washington. This picturesque community offers a unique blend of natural beauty, outdoor adventure, and a tight-knit atmosphere that makes it an ideal place to call home.

Key Peninsula South is renowned for its stunning waterfront views, lush forests, and abundant recreational opportunities. Residents enjoy easy access to the breathtaking shores of the Puget Sound, where you can indulge in kayaking, fishing, and beachcombing. The surrounding parks, such as the scenic Penrose Point State Park, invite you to explore miles of hiking trails, picnic spots, and wildlife watching, making it a paradise for nature enthusiasts.

The neighborhood boasts a warm, welcoming community spirit, with local events and gatherings fostering connections among residents. Whether you’re enjoying a farmers market, participating in community clean-up days, or attending seasonal festivals, there’s always something happening to bring neighbors together.

Families will appreciate the quality education provided by the Peninsula School District, which is committed to nurturing young minds in a supportive environment. The area is also home to a variety of local businesses, from charming boutiques to cozy cafes, ensuring that you have everything you need right at your doorstep.

With its serene surroundings, vibrant community, and a wealth of activities, Key Peninsula South is more than just a place to live; it’s a lifestyle. Experience the perfect blend of tranquility and adventure in this enchanting corner of Washington state—your dream home awaits!

Newest Listings in Key Peninsula South

$129,900

2536832 MLS ⋅ ACTIVE Status

Build your dream home on this private and peaceful 5-acre parcel! This mostly level, lightly treed property offers abundant usable land, with the majority of the acreage dry and ready for development. The lot has been partially cleared, corners are marked, and perc tests have already been completed, making it easy to envision your future homesite. Explore the property's layout and spacious buildable area while enjoying the tranquility of a rural setting. Conveniently located near grocery stores and just minutes from boat launches, beaches, and parks, this property offers the perfect blend of privacy and accessibility.

45 Whiteman Road SW, Lakebay

Listing courtesy of Keller Williams Rty Tacoma.

$150,000

2538464 MLS ⋅ ACTIVE Status

Opportunity is knocking on this shy 5-acre parcel off Delano Road. Previously logged in 2020, the property has 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. Driveway freshly paved! The land offers privacy, seclusion, and usable space for future development, with a private gravel easement providing access. The neighboring shy 5-acre parcel is also available, offering the chance to purchase nearly 10 acres total. Enjoy nearby outdoor amenities including Penrose Point State Park and Lakebay Marina. Owner financing may be available with a large down payment. Bring your vision and start preparing for what this property can become.

4 Lot 9th Street SW, Lakebay

Listing courtesy of Paramount Real Estate Group.

$300,000

2538471 MLS ⋅ ACTIVE Status

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.

24 156th Avenue SW, Lakebay

Listing courtesy of Paramount Real Estate Group.

$150,000

2538462 MLS ⋅ ACTIVE Status

2 Lot 156th Avenue SW, Lakebay

Listing courtesy of Paramount Real Estate Group.

$150,000

2535158 MLS ⋅ ACTIVE Status

"SERENITY AWAITS YOU' This practically level 4+ Acre lot provides many opportunities of exclusiveness. Partially cleared. Private Well and Power is on site. Close to Penrose State Park. Septic plan has been approved for 4 bedrooms. The 20 feet long X 8 feet wide X 9.5 feet high cube container on the property will convey with sale. Great for storage. Very short drive to Key IGA a local; independent grocery store serving as a primary community food market for offering everyday essentials.

1629 148th Avenue SW, Lakebay

Listing courtesy of John L. Scott Dupont.

$485,000

2532374 MLS ⋅ ACTIVE Status

Hard to find mostly level 4.96 acres on Key Peninsula Highway NW just minutes from Gig Harbor and Highway 16. Fantastic investment opportunity for a contractor's yard, agriculture-based business or a beautiful homesite. This site was originally being developed into a church and has storm water and hydrants in place. Water service is currently on site with easy access to power at the street. The drain field easement is on an adjoining parcel. Highway frontage and a large gravel parking lot and circular driveway is already in place. It is currently being used by a business to park their semi tractor/trailers.

12006 Key Peninsula Highway NW, Gig Harbor

Listing courtesy of Kelly Right RE of Seattle LLC.

$230,000

2503135 MLS ⋅ ACTIVE Status

Opportunity knocks! PRICED under assessment! Don’t miss your chance to own this nearly 10-acre lot featuring mature timber and a mostly level terrain. Power transformer on the property. Whether you're looking to build, invest, or create your private retreat, this property offers endless potential

6315 Whiteman Road, Longbranch

Listing courtesy of RSVP Brokers ERA.

$611,000

3 Beds ⋅ 3 Baths ⋅ 2456063 MLS ⋅ PENDING SHORT SALE Status

SHORT SALE!! Escape to a Private sanctuary in Lakebay - 3,037 sq. ft. home w/daylight basement that sits on 2.5 acres, offering unmatched tranquility & room to breathe. The seamless layout invites effortless living, while the expansive full-length deck provides a stunning backdrop for outdoor dining, quiet mornings, or gatherings beneath the Evergreens. Granite surfaces elevate the kitchen & baths & the primary suite offers a spa-quality experience with soaking tub, walk-in shower w/dual heads, & direct access to the deck. A walk-in pantry, dining alcove, generous laundry room, & flexible outbuilding add convenience & versatility. Space for RVs, boats, & more. Joemma Beach State Park only minutes away! A property that captures the essence of PNW Living!

2311 202nd Avenue SW, Lakebay

Listing courtesy of Keller Williams Eastside.

$310,000

2445533 MLS ⋅ ACTIVE Status

Amazing Waterfront lot at West Bluff Estates with 180 degree views from Harstine Island all the way down to Olympia. Easy access to community stairs leading to a gorgeous sandy beach. Southwest exposure maximizes the sunlight that you get to enjoy! Great place to build your dream home! 4 bedroom septic plan was approved (expired).

6908 190th Avenue SW, Longbranch

Listing courtesy of Best Choice Realty LLC.

$199,000

2287787 MLS ⋅ ACTIVE Status

Every so often, a truly special property comes along, and Herron Hill is one of those rare opportunities. Tucked away at the end of a quiet dead-end road on the Key Peninsula, this beautiful five-acre parcel offers the privacy, tranquility, and natural beauty that make country living so appealing. A partially cleared homesite near the top of the property is ready for your vision and may offer Olympic Mountain views with selective clearing. Mature trees provide a peaceful setting, along with the potential for marketable timber, and the property has already been surveyed with corners clearly marked. Whether you've been dreaming of building your forever home or simply owning a private retreat, this property offers an exceptional place to start. Seller financing may be available, creating a unique opportunity for buyers who have always wanted to own land but are looking for greater flexibility than traditional financing may offer. Just a short drive to Gig Harbor, Highway 16, parks, and waterfront recreation, this is your chance to create something truly special.

1415 208th Avenue SW, Lakebay

Listing courtesy of RE/MAX Exclusive.

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Based on information submitted to the MLS GRID as of . 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.
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