2 Lot 156th Avenue SW · Lakebay, WA 98349
Source: NWMLS · Paramount Real Estate Group · Carla Crawford #NWM2538462
About this home
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.
Location
Basics
- Property type
- Land
- Style
- Res-Over 1 Acre
- Lot size
- 209,088 sq ft (4.8 acres)
- County
- Pierce
- MLS #
- NWM2538462
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
- $1,047 (2026)
Transaction
- Listed on
- Jun 11, 2026
- Days on market
- 101
- 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$300,000
- 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: Carla Crawford.
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 2026-06-18.