Waterfront
Address
20515 21st Street Nw, Lakebay, WA
Price
$ 995,000
Property Attributes
- ID#2542607
- TypeSingle Family
- CountyPIERCE
- CityLakebay
- AreaKey Peninsula South
- NeighborhoodLakebay
- Zip98349
- StyleContemporary
- Year Built1997
- Taxes$ 1496
- Price$ 995,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage2058
- Lot Size1.64 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| Buyer To Verify Elementary School | Key Peninsula Mid | Peninsula High |
| Price History | |
|---|---|
| 6/24/2026 | Listed $995,000 |
General Features
| Living Area | 2058 |
|---|---|
| Sewer | Septic Tank |
| Heating | Forced Air |
| Cooling | None |
| Possession | Closing |
| Roof | Flat |
| Appliances | Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Washer |
| Architectural Style | Contemporary |
| Year Built | 1997 |
| View | Bay,Mountains,Sea,Sound |
| Topography | Level,Partial Slope,Sloped |
| Levels | One and One Half |
| Property Subtype | Single Family Residence |
| Tax Year | 2024 |
| Waterfront Features | Medium Bank,Bayfront,Saltwater,Sea,Sound |
| County | Pierce |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Attached Garage | No |
| Subdivision Name | Lakebay |
| Facing Direction | West |
| Garage Y/N | Yes |
| Special Listing Conditions | None |
| Status | Active |
| Directions | South on Key Peninsula Hwy to Home,WA. Turn right before the bridge onto Herron Rd NW which turns into N Herron Rd NW past Herron Ferry Terminal. Left on 21st St NW. Last house on 21st. |
| High School | Peninsula High |
| City | Lakebay |
| Entry Location | Main |
| Senior Community Y/N | No |
| High School District | Peninsula |
| MLS Area | 4 - Key Peninsula South |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 71438 |
| Carport Y/N | No |
| Listing Terms | Conventional,FHA,VA Loan |
| Elementary School | Buyer To Verify |
| Land Lease Y/N | No |
| Tax Annual Amount | 1496 |
| Middle/Junior High School | Key Peninsula Mid |
| Property Condition | Very Good |
| Public Remarks | 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 f |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Well |
| Property Style | 11 - 1 1/2 Story |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Second Primary Bedroom,Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Skylight(s),Vaulted Ceiling(s),Walk-In Closet(s),Water Heater |
|---|---|
| Basement | None |
| Flooring | Ceramic Tile,Laminate,Carpet |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Half Baths | 1 |
| 3/4 Baths | 2 |
| Total Bedrooms | 2 |
| Total Baths | 3 |
| Bedrooms Possible | 4 |
| Water Heater Type | Propane |
| Water Heater Location | Kitchen Closet |
| Power Production Type | Propane |
| Baths Three Quarter Upper | 2 |
| Bedrooms Upper | 2 |
| Baths Half Main | 1 |
| Bathrooms | 2 |
Exterior Features
| Exterior Amenities | Stucco |
|---|---|
| Vegetation | Brush,Fruit Trees,Garden Space,Wooded |
| Parking Features | Driveway,Detached Garage |
| Lot Features | Dirt Road,Secluded |
| Water Source | Individual Well |
| Total Parking | 6 |
| Inclusions | Dishwasher(s),Dryer(s),Leased Equipment,Refrigerator(s),Stove(s)/Range(s),Washer(s) |
| Foundation Details | Poured Concrete |
| Building Area Total | 2058 |
| Lot Size Acres | 1.64 |
| Waterfront Y/N | Yes |
| Covered Spaces | 2 |
| Irrigation Water Rights Y/N | No |
| Waterfront Footage | 104 |
| Site Features | Deck,Patio,Shop |
| Parking Uncovered Total | 4 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98349
Price
Taxes
Year Built
Visits
In The Neighborhood
Open House
Lakebay
$ 985,000
- Type
- Single Family | Active
- Size
- 2,952 SqFt
- Rooms
- 6 Beds + 2 Baths
Listed by: Best Choice Realty LLC
Waterfront
Lakebay
$ 1,250,000
- Type
- Single Family | Active
- Size
- 1,770 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Windermere Real Estate/HLC
Views
Lakebay
$ 439,950
- Type
- Single Family | Active
- Size
- 1,404 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: MLS4owners.com
Reduced
Lakebay
$ 699,999
- Type
- Single Family | Active
- Size
- 2,915 SqFt
- Rooms
- 3 Beds + 3.5 Baths
Listed by: ALLEN Realtors
Views
Lakebay
$ 1,050,000
- Type
- Single Family | Active
- Size
- 2,922 SqFt
- Rooms
- 4 Beds + 3 Baths
Listed by: John L. Scott, Inc.
Views
Lakebay
$ 726,000
- Type
- Single Family | Contingent
- Size
- 2,254 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Hawkins Poe
Open House
Lakebay
$ 695,000
- Type
- Single Family | Active
- Size
- 2,100 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Listed by: Coldwell Banker Danforth
Reduced
Lakebay
$ 479,950
- Type
- Single Family | Active
- Size
- 1,298 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Kelly Right RE of Seattle LLC
Views
Lakebay
$ 899,950
- Type
- Single Family | Active
- Size
- 3,891 SqFt
- Rooms
- 7 Beds + 3 Baths
Listed by: Pellego, Inc.
Reduced
Lakebay
$ 560,000
- Type
- Single Family | Active
- Size
- 2,537 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Listed by: Paramount Real Estate Group
Open House
Lakebay
$ 974,999
- Type
- Single Family | Active
- Size
- 3,174 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Listed by: John L. Scott, Inc.
Reduced
Lakebay
$ 875,000
- Type
- Single Family | Active
- Size
- 2,800 SqFt
- Rooms
- 3 Beds + 3 Baths
Listed by: John L. Scott, Inc.
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than Vancouver Mall are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 24, 2026 9:47 PM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
