603 151st Avenue Ct SW · Lakebay, WA 98349
Source: NWMLS · John L. Scott, Inc. · Sophia N. Cosola #NWM2549176
About this home
Imagine mornings looking at Mt. Rainier & evenings gathered around the fire at your own private beach. Rare Lakebay property offers 120' of waterfront & sweeping views across Delano Bay, Carr Inlet & Puget Sound. Follow steps to water where a 8x16 dock, waterfront patio & firepit area create an unforgettable setting for boating, kayaking, entertaining & peaceful NW living.4 lots totaling 1.03 acres provide exceptional space, privacy & flexibility. 2 waterfront lots include a 1974 rambler w/basement offering approximately 2,800'-3 beds/3 baths. Main level offers kitchen, dining, living areas w/access to view deck, primary suite w/WIC & bath, 2nd bdrm & full bath. Lower level has separate entrance & office, bdrm w/large dressing rm/closet, .75 bath, laundry, expansive family rm opening to paver patio. Flexible layout appeals to multigenerational living, extended guests or buyers wishing to explore vacation-rental or other income-producing possibilities, subject to buyer verification. Other features are oversized 2-car garage, 16x28 flex rm, greenhouse, outbuilding, & RV parking. Across the street, 2 additional lots, detached carport, storage shed, greenhouse & level grassy area. Surrounded by mature trees & abundant wildlife, peaceful waterfront retreat feels worlds & offers remarkable versatility as full-time residence, private getaway, multigenerational retreat or investment opportunity. Waterfront properties with land, frontage & flexibility rarely become available.
Location
Basics
- Property type
- Single Family Residence
- Style
- 1 Story w/Bsmnt.
- Stories
- 1 story
- Condition
- Good
- Year built
- 1974 (renovated 1991)
- Lot size
- 44,905 sq ft (1.03 acres)
- County
- Pierce
- MLS #
- NWM2549176
Interior
- Heating
- Forced Air
- Cooling
- None
- Flooring
- Hardwood, Vinyl, Vinyl Plank, Carpet
- Appliances
- Dishwasher, Disposal, Dryer, Refrigerator, Stove(s)/Range(s), Washer
- Fireplace
- 1 · Wood Burning
- Interior features
- Dbl Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Walk-In Closet(s), Water Heater
- Entry level
- Main
Exterior & lot
- Exterior features
- Wood
- Roof
- Composition
- Foundation
- Slab
- Topography
- Level,Partial Slope
- View
- Bay, Mountains, Sound
- Waterfront
- Yes
Parking
- Parking spaces
- 3
- Garage
- Yes (attached)
- Carport
- Yes
- Covered spaces
- 3
- Parking features
- Detached Carport, Attached Garage, RV Parking
Utilities
- Water
- Private
- Sewer
- Septic Tank
- Power
- Electric
Community & fees
- Subdivision
- Lakebay
- Property tax
- $8,039 (2026)
Transaction
- Original list price
- $949,995 (7.9% price cut)
- Listed on
- Jul 3, 2026
- Days on market
- 78
- Price per sq ft
- $313
- Listing terms
- Cash, Conventional, FHA, VA Loan
- Possession
- Closing
More homes nearby
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: John L. Scott, Inc.
Listing agent: Sophia N. Cosola.
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 2026-09-08.