20515 21st Street NW · Lakebay, WA 98349
Source: NWMLS · Windermere Prof Partners · Kimber Parker #NWM2542607
About this home
Architecturally inspired & beautifully sited on nearly two acres of medium-bank waterfront, this extraordinary custom residence captures sweeping views of the Sound, majestic mountains & Heron Island ferry. Inspired by renowned modernist architect Richard Meier & thoughtfully designed by acclaimed Gig harbor architect James E. Kaczmarek, the home is a striking blend of contemporary design & natural beauty. Floor-to-ceiling windows, soaring skylights, graceful coved architectural details, & an open-concept layout fill the home with abundant natural light & frame the ever-changing waterfront vistas. Main level features a refined kitchen & expansive gathering spaces opening to 2 view decks. Upstairs, 2 luxurious primary suites each enjoy private baths, view balconies, including a grand waterfront retreat & a second more secluded sanctuary. Lofted seating area overlooks the dining room & spectacular views beyond. Step outside, add a path down to the beach, to embrace an exceptional waterfront lifestyle with endless opportunities to explore the shoreline just beyond your doorstep. Or simply relax & enjoy spectacular sunsets. Wildlife abounds with eagles, seals, orcas, & deer frequenting the property. Detached 2-car garage w/workshop, flex space, & storage complements the lush grounds adorned w/fruit trees, flowering gardens & mature landscaping, creating a truly exceptional PNW estate. Amazing View ADU potential on the property or above the garage for income or multi-gen living.
Location
Basics
- Property type
- Single Family Residence
- Style
- Contemporary
- Stories
- One and one half
- Condition
- Very Good
- Year built
- 1997 (renovated 2003)
- Lot size
- 71,438 sq ft (1.64 acres)
- County
- Pierce
- MLS #
- NWM2542607
Interior
- Heating
- Forced Air
- Cooling
- None
- Flooring
- Ceramic Tile, Laminate, Carpet
- Appliances
- Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
- Interior features
- Second Primary Bedroom, Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
- Entry level
- Main
Exterior & lot
- Exterior features
- Stucco
- Roof
- Flat
- Foundation
- Poured Concrete
- Lot features
- Dirt Road, Secluded
- Topography
- Level,Partial Slope,Sloped
- View
- Bay, Mountains, Sea, Sound
- Waterfront
- Yes
Parking
- Parking spaces
- 6
- Garage
- Yes
- Covered spaces
- 2
- Parking features
- Driveway, Detached Garage
Utilities
- Water
- Individual Well
- Sewer
- Septic Tank
- Power
- Propane
Community & fees
- Subdivision
- Lakebay
- Property tax
- $1,496 (2024)
Transaction
- Listed on
- Jun 23, 2026
- Days on market
- 88
- Price per sq ft
- $483
- Listing terms
- Conventional, FHA, VA Loan
- Possession
- Closing
More homes nearby
Schools
School district: Peninsula
- Elementary
- Buyer To Verify
- Middle
- Key Peninsula Mid
- High
- Peninsula High SchoolSchoolDigger 4 stars · Top 21% in WA

Listing provided courtesy of: Windermere Prof Partners
Listing agent: Kimber Parker.
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 2026-07-21.