24 156th Avenue SW · Lakebay, WA 98349
Source: NWMLS · Paramount Real Estate Group · Justin Weis #NWM2538471
About this home
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.
Location
Basics
- Property type
- Land
- Style
- Res-Over 1 Acre
- Lot size
- 426,452 sq ft (9.79 acres)
- County
- Pierce
- MLS #
- NWM2538471
Interior
- Heating
- None
- Cooling
- None
Exterior & lot
- Lot features
- Dead End Street, Open Space
- Topography
- Level
- Waterfront
- No
Utilities
- Water
- Well Needed
- Sewer
- Not Available
- Utilities
- Electricity Available
Community & fees
- Subdivision
- Key Peninsula South
- Property tax
- $2,296 (2026)
Transaction
- Listed on
- Jun 11, 2026
- Days on market
- 106
- Listing terms
- Cash, Conventional, Owner Will Carry, VA Loan
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2026-06-11
- Active$150,000
- 2020-09-08
- Sold$75,000
Schools
School district: Peninsula
- Elementary
- Evergreen Elem
- Middle
- Key Peninsula Mid
- High
- Peninsula High SchoolSchoolDigger 4 stars · Top 21% in WA
Listing provided courtesy of: Paramount Real Estate Group
Listing agent: Justin Weis.
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. IDX information 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. Information is deemed reliable but not guaranteed.
Data last updated 2026-09-22.