Bought with: eXp Realty
$485,000
$475,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1.5 Baths
1,970 SqFt
SOLD DATE : 08/04/2026
Key Details
Sold Price $485,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,970 sqft
Price per Sqft $246
Subdivision Peninsula
MLS Listing ID 2520798
Sold Date 08/04/26
Style 10 - 1 Story
Bedrooms 2
Full Baths 1
Half Baths 1
HOA Fees $19/ann
Year Built 1995
Annual Tax Amount $4,958
Lot Size 0.405 Acres
Property Sub-Type Single Family Residence
Property Description
Rare opportunity in the sought-after Palmer Lake community in Lakebay! This versatile property features a charming 2 bedroom, 1.5 bath main home with attached 1-car garage PLUS a detached 2-car garage with a spacious apartment above offering 1 bedroom, office space, and a full kitchen and bath. Ideal for multi-generational living, guests, hobbies, or potential rental income. Situated on a corner lot with a peek-a-boo lake view, this property offers the perfect blend of flexibility, functionality, and Pacific Northwest charm. Enjoy a newer roof, ample parking and storage, and access to incredible community amenities including Palmer Lake beach access, docks, parks, trails and more.
Location
State WA
County Pierce
Area 4 - Key Peninsula South
Rooms
Basement None
Main Level Bedrooms 2
Interior
Interior Features Second Primary Bedroom, Dbl Pane/Storm Window, Dining Room, Fireplace, Skylight(s), Vaulted Ceiling(s), Water Heater
Flooring Laminate, Vinyl, Carpet
Fireplaces Number 1
Fireplace true
Appliance Tankless Water Heater
Exterior
Exterior Feature Wood Products
Community Features Boat Launch, CCRs
Amenities Available Fenced-Partially, Outbuildings, Patio, Propane, Sprinkler System
View Y/N Yes
View Lake, Partial
Roof Type Composition
Garage Yes
Building
Lot Description Corner Lot, Paved
Story One
Sewer Septic Tank
Water Public
New Construction No
Schools
School District Peninsula
Others
Senior Community No
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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