Property Details
16602 – 16608 Delano Road
Lakebay, WA 98349
$374,950
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About This Home
Rare 2.27-acre Lakebay property with strong potential and breath taking views! Property includes an unfinished home with approximately 1,032 sq ft of interior space plus 2 bedrooms and 2 baths with expansive acreage to create a custom home site, shop, ADU, or multi-use space. Located in a quiet rural setting with fully fenced grounds, this parcel offers RV parking, outbuildings, abundant room for toys, livestock, or future improvements, and privacy while still being just minutes from community amenities and Puget Sound access. Interior is unfinished — bring your contractor and transform this space into a one-of-a-kind Lakebay retreat or investment flip. With utilities in place including individual well and septic, there’s tremendous upside for the right buyer. Property Highlights: • Approx. 1,032 sq ft interior space • 2 beds, 2 baths (buyer to verify) • 2.27 acres of usable land (2 Parcels) • Fully fenced — great for pets, pasture, gardening • Outbuildings & storage, plus generous parking and room for shop, ADU, or detached garage • Individual well & septic present • Sold as-is — perfect for investors or buyers seeking a renovation project. This offering presents a significant opportunity to add value through finishing, creative redesign, or expansion in one of Pierce County’s peaceful and scenic rural pockets. Buyer to verify all measurements, zoning, permits, and intended use.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Pierce
Neighborhood
Lakebay
Listed
Feb 19, 2026
Original Price
$399,950
Structure Type
House
Parcel Number
0020021019
Tax & HOA
Annual Property Tax
$3,273 (2025)
Est. Monthly Tax
$273/mo
Interior Features
Bedrooms
2
Bathrooms
2.0
Living Area
1,032 sq ft
Basement
None
Entry Level
Main
Interior Features
Dbl Pane/Storm Window, Water Heater
Exterior & Lot
Lot Size
2.27 sqft
Year Built
1920
Exterior Materials
Wood
Parking
Attached Garage, Off Street, RV Parking
Sewer
Septic Tank
Water Source
Individual Well
Lot Features
Paved
Exterior Features
Wood
Community & Access
Directions
Take Key Peninsula Hwy NW south to Lakebay, left on Cornwall, right on Delano Rd Sw, home is on the right.
Location
City
Lakebay
County
Pierce
Coordinates
47.25389, -122.75975
Schools
School District
Peninsula
Elementary School
Evergreen Elem
Middle School
Key Peninsula Mid
High School
Peninsula High
Additional Information
Tax Year
2025
Annual Taxes
$3,273
Possession
Array
Inclusions
Leased Equipment
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of June 10, 2026 11:30 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
