6 months on rocket

5227 Key Peninsula Hwy NW, Lakebay, WA, 98349

$999,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
3,168 SqFt
$315/SqFt
House

Location

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5227 Key Peninsula Hwy NW, Lakebay$999,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

ParkingDriveway, Detached Garage, Off Street, RV Parking
Garage3 spaces
Year Built2006
HeatingHeat Pump
CoolingCentral Air, Heat Pump, Ceiling Fan(s)
FireplaceWood Burning
ViewTerritorial
MLS #2226235
Lot Size9.10 Acres
StatusActive

About 5227 Key Peninsula Hwy NW

Discover your dream Ranch Home on nearly 10 picturesque acres (2 separate parcels)! This horse-ready, one-level home boasts 3,168 sq. ft. of spacious living, featuring a welcoming sitting porch and 2 covered patios—perfect for enjoying serene Sunrises and Sunsets. The property includes a HUGE 2-car shop/garage, an orchard with a variety of mature fruit trees, and a charming She Shed. Fully Gated, Fenced and cross-fenced for privacy & security. With a modern heat pump for year-round comfort & an amazing wood stove for those chilly nights. This is a private setting just minutes from Key Center IGA, boat launch, Volunteer Park, Schools & close to Gig Harbor. This is the ideal sanctuary for both relaxation and equestrian pursuits.

Property Details

Property Features

Property Information:

  • Architectural Style: Northwest Contemporary
  • Year Built: 2006
  • Living Area: 3,168 SqFt

Listing Office:

  • Office Name: Best Choice Realty
  • Office Phone: (206) 886-3986
  • Listing Agent: Ruth deMille

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Bath Off Primary, Ceiling Fan(s), Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Hardwood, Jetted Tub, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Territorial
  • Exterior: Cement Planked

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Driveway, Detached Garage, Off Street, RV Parking

Virtual/3D Tour

  • Virtual Tour: 5227 Key Peninsula Hwy NW
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Lot Features

Lot Information:

  • Lot: Secluded
  • Lot Size: 9.10 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air, Heat Pump, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Hwy 16, take SR 302 exit. Head south to Key Center, about 2.5 miles on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,000
  • Price Per SqFt: $315/SqFt

Tax Information:

  • Annual Amount: $6,239
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lakebay, WA.

Med. Sold Price

$489.9K

Med. Price/SqFt

$308

Avg. Days On Market

73

# of Sold Homes

9

5227 Key Peninsula Hwy NW vs Lakebay

206 DAYS ON ROCKET

+133 Days

$999,000

+$509K More

$315/SqFt

+$6 More

KEY TAKEAWAY

This property is $509K more than the Median Sold Price and $6/SqFt more than other homes in Lakebay, WA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NWMLS
  • MLS Number: #2226235

Listing Office:

  • Office Name: Best Choice Realty
  • Office Phone: (206) 886-3986
  • Listing Agent: Ruth deMille

IDX Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.

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.

IDXThe data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved.

DMCA Notice

Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site 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. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 5:18:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 26, 2007Home Sold
$364,900
Jan 17, 2006Home Sold
$102,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,239$579,500
2020$6,089$579,500
2018$5,479$498,700
2017$5,480$463,500

History based on county public records data.

Payment Calculator

$5,053

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,062

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-6861
6
/10
  • Vaughn Elementary School

  • 17521 Hall Rd NW

  • 2.87 miles

  • Public District Grades PK-5

school-card-donut-6862
7
/10
  • Voyager Elementary School

  • 5615 Kopachuck Dr NW

  • 3.42 miles

  • Public District Grades KG-5

school-card-donut-6863
7
/10
  • Evergreen Elementary School

  • 1820 Key Peninsula Hwy SW

  • 4.57 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $61,442. Residents of Lakebay, WA typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5227 Key Peninsula Hwy NW

What is the listing price of this property?

The listing price of 5227 Key Peninsula Hwy NW property is $999,000.

What type of property is this?

The property 5227 Key Peninsula Hwy NW is a house located in Lakebay, Washington, 98349.

Is this property for sale now?

Active Listing: 5227 Key Peninsula Hwy NW is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,239 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 26, 2007 for $364,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5227 Key Peninsula Hwy NW has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5227 Key Peninsula Hwy NW is 3,168 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5227 Key Peninsula Hwy NW is 2006.

Rocket Homes›Washington›Pierce County›Lakebay›98349›5227 Key Peninsula Hwy NW

This home is located at 5227 Key Peninsula Hwy NW in Lakebay, WA and zip code 98349. This 3,168 square foot home, which was built in 2006, sits on a 9.10 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $999,000.

In October 2024 more than 6 listings in Lakebay, WA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 1 were sold below. The number of homes for sale in Lakebay, WA decreased by 10% between September 2024 and October 2024. While the average time on the market in October 2024 was 73 days, the median list price was $489,950.

From Rocket Homes Real Estate and based on county public records data.

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