Lakebay Homes under $500,000

Welcome to Lakebay, Washington—a hidden gem nestled in the heart of Pierce County. This charming community offers a unique blend of serene natural beauty and a welcoming atmosphere, making it an ideal place for families, retirees, and anyone looking to escape the hustle and bustle of city life. With its picturesque waterfront views of the Puget Sound and lush green landscapes, Lakebay is a paradise for outdoor enthusiasts and nature lovers alike.

The neighborhood is characterized by its friendly community spirit, where neighbors know each other by name and local events bring everyone together. Explore the scenic trails, enjoy boating and fishing on the serene waters, or simply take in the breathtaking sunsets that paint the sky in vibrant hues—Lakebay has it all!

For those seeking affordable housing options, Lakebay offers an impressive selection of homes under $500,000. Whether you’re searching for a cozy cottage, a charming single-family home, or a modern townhouse, you’ll find a variety of choices that fit your budget without compromising on quality or comfort. Many of these homes come with spacious yards, perfect for gardening or enjoying family gatherings, and are conveniently located near local amenities, parks, and schools.

With a strong sense of community, stunning natural surroundings, and affordable housing options, Lakebay is more than just a place to live—it's a place to thrive. Discover your dream home in this enchanting neighborhood and experience the tranquility and charm that Lakebay has to offer!

Newest Lakebay Homes under $500,000

$474,999

3 Beds ⋅ 2 Baths ⋅ 2593773 MLS ⋅ ACTIVE Status

A private setting, room to spread out and fresh updates await on approximately 1.7 acres in Lakebay. This 1,546 sq ft single-level home offers 3 bedrooms, 1.75 baths and an expansive recreation room. Vaulted ceilings enhance the open living spaces, while new luxury vinyl plank flooring extends through the main living area, kitchen, dining area, laundry and hallway. The kitchen features a walk-in pantry and brand-new stainless steel appliances, including a French-door refrigerator, range, microwave and dishwasher. The primary suite includes a walk-in closet and attached bath, with new carpet in all bedrooms. Additional updates include a new water heater, in-wall A/C unit and LED light fixtures throughout. Enjoy outdoor gatherings beneath the covered picnic area or evenings around the fire pit. A storage shed and fencing along two sides round out this spacious property.

516 Tiedeman Road SW, Lakebay

Listing Broker: Windermere Real Estate/East; Tammy Yao; 650-288-8242; tammy@vestus.com

$439,950

3 Beds ⋅ 2 Baths ⋅ 2572115 MLS ⋅ ACTIVE Status

Private charming 3 bedroom house sitting on 1 1/4 acres in a park like setting. Two full bathrooms, dressing area, kitchen, dining area, den, living room, and laundry room. There are beautiful aluminum ramps for easy access for handicap accessibility. All new paint inside and new laminate flooring thru out the house. A new roof was professionally installed this year. The house comes with 1/4 share in the well that serves the house. It is move in ready and just waiting for a new owner.

16119 Pollack Drive NW, Lakebay

Listing Broker: MLS4owners.com; Chris C. Nye; 253-460-1900; sales@mls4owners.com

$459,950

3 Beds ⋅ 2 Baths ⋅ 2564058 MLS ⋅ ACTIVE Status

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.

1615 Lake Drive SW, Lakebay

Listing Broker: Kelly Right RE of Seattle LLC; Bobby Brown; 253-312-7188; Bobby@bobbybrownre.com

$369,000

3 Beds ⋅ 2 Baths ⋅ 2539591 MLS ⋅ ACTIVE Status

Welcome to your dream lake-life haven! Built in 2024, this modern and charming 3-bedroom, 2-bathroom single-level home is perfectly situated at the end of a quiet cul-de-sac in the desirable Key Peninsula neighborhood of Palmer Lake. The bright, open-concept layout offers seamless, stair-free living with contemporary finishes throughout, while the spacious, fully fenced lot provides ultimate privacy for pets, play, and outdoor entertaining around the fire pit! There's a shed for extra storage. Summer is the perfect time to move in and embrace everything this vibrant community has to offer—enjoy swimming, kayaking, and paddleboarding on the lake, take advantage of the community playground and beach, or enjoy beautiful lake views on your evening walks. Best of all, you get the peace of peninsula living with incredible convenience, located just a short drive from Gig Harbor’s boutique shopping, dining, and St. Anthony Hospital, with easy access to Belfair and South Kitsap. Turn-key and ready for summer fun!

19613 25th Street Ct SW, Lakebay

Listing Broker: Martin Real Estate Group; Marcie Martin; 253-549-5657; Marcie@martinteamnw.com

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