16602 – 16608 Delano Road, Lakebay, WA 98349 (MLS # 2461648)
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Rare 2.27-acre Lakebay property with strong potential and breath taking views! Property includes an unfinished home with approximately 1,032 sq ft of interior space plus 2 bedrooms and 2 baths with expansive acreage to create a custom home site, shop, ADU, or multi-use space. Located in a quiet rural setting with fully fenced grounds, this parcel offers RV parking, outbuildings, abundant room for toys, livestock, or future improvements, and privacy while still being just minutes from community amenities and Puget Sound access. Interior is unfinished "” bring your contractor and transform this space into a one-of-a-kind Lakebay retreat or investment flip. With utilities in place including individual well and septic, there's tremendous upside for the right buyer. Property Highlights: "¢ Approx. 1,032 sq ft interior space "¢ 2 beds, 2 baths (buyer to verify) "¢ 2.27 acres of usable land (2 Parcels) "¢ Fully fenced "” great for pets, pasture, gardening "¢ Outbuildings & storage, plus generous parking and room for shop, ADU, or detached garage "¢ Individual well & septic present "¢ Sold as-is "” perfect for investors or buyers seeking a renovation project. This offering presents a significant opportunity to add value through finishing, creative redesign, or expansion in one of Pierce County's peaceful and scenic rural pockets. Buyer to verify all measurements, zoning, permits, and intended use.
| LAST UPDATED | 2/19/2026 | TRACT | Lakebay |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | Lakebay |
| COUNTY | Pierce | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Evergreen Elem |
|---|---|
| Jr. High School | Key Peninsula Mid |
| High School | Peninsula High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Electric Water Heater, Water Heater |
| AREA | 4 - Key Peninsula South |
| BASEMENT | None |
| CONSTRUCTION | Wood Siding |
| GARAGE | Attached Garage, Yes |
| HEAT | Electric |
| INTERIOR | Dbl Pane/Storm Window, Water Heater |
| LOT | 2.27 acre(s) |
| LOT DESCRIPTION | Paved |
| MLS STATUS | Active |
| PARKING | Off Street, Attached, RV Access/Parking |
| SEWER | Septic Tank |
| STORIES | 1 |
| STYLE | 10 - 1 Story |
| SUBDIVISION | Lakebay |
| TAXES | 3273 |
| UTILITIES | Cable Available |
| WATER | Well, Private |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2/22/26 3:34 PM PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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