Exceptional Waterfront Investment Opportunity, 19 Acres of rare coastal land offers immediate lifestyle value and long-term growth opportunity. Ideal for short-term rental income, 1200 sq ft fully updated cabin is a private retreat. Huge Potential for development, this property combines flexibility and functionality. Harvest oysters, kayak, or crab from your own shoreline, then relax on the rooftop deck with panoramic water views that elevate the guest experience. High-demand vacation appeal, strong potential for cash flow, and owner financing available, this is a standout opportunity for investors seeking a rare mix of natural beauty, development upside, and income potential in a market with limited waterfront inventory.
Sold
Listed by:
Emily Niles,
PropertiesNW of Gig Harbor Ltd
$2,500,000
13912 34th Street SW, Lakebay, WA 98349
2beds
1,200sqft
Single Family Residence
Built in 1968
19 Acres Lot
$2,499,700 Zestimate®
$2,083/sqft
$2,285 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 22, 2025 at 05:17pm
Listed by:
Emily Niles,
PropertiesNW of Gig Harbor Ltd
Bought with:
Alison Paoli, 22036277
PropertiesNW of Gig Harbor Ltd
Source: NWMLS,MLS#: 2283345

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- 3/4 bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Bedroom
- Level: Main
Bathroom three quarter
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Utility room
- Level: Main
Heating
- Other – See Remarks, Electric
Cooling
- Other – See Remarks
Appliances
- Included: Dishwasher(s), Refrigerator(s), Stove(s)/Range(s)
Features
- Bath Off Primary
- Flooring: See Remarks
- Windows: Double Pane/Storm Window
- Basement: None
- Has fireplace: No
- Fireplace features: Electric
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
Property
Parking
- Parking features: Driveway, Off Street, RV Parking
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Bath Off Primary, Double Pane/Storm Window
- Has spa: Yes
- Has view: Yes
- View description: Mountain(s), Ocean, Sound, Strait
- Has water view: Yes
- Water view: Ocean,Sound,Strait
- Waterfront features: Bulkhead, No Bank, Saltwater, Sound, Strait
- Frontage length: Waterfront Ft: 620
Lot
- Size: 19 Acres
- Dimensions: 827640
- Features: Dead End Street, Secluded, Value In Land, Barn, Cabana/Gazebo, Deck, Dog Run, Fenced-Partially, Gated Entry, High Speed Internet, Hot Tub/Spa, Outbuildings, Rooftop Deck, RV Parking, Shop
- Topography: Equestrian,Level,Partial Slope
- Residential vegetation: Fruit Trees, Garden Space, Pasture, Wooded
Details
- Parcel number: 0120181000
- Zoning: 8800
- Zoning description: Jurisdiction: County
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Roof: Composition
Condition
- Fixer
- Year built: 1968
- Major remodel year: 1968
Utilities & green energy
- Electric: Company: Peninsula Light Company
- Sewer: Septic Tank, Company: Septic
- Water: Individual Well, Company: Private Well
Community & neighborhood
Location
- Region: Lakebay
- Subdivision: Lakebay
Other
Other facts
- Listing terms: Cash Out,Owner Will Carry
- Cumulative days on market: 338 days
Services availability
Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$2,499,700
2% more+ $49,994
With Zillow Showcase(estimated)
$2,549,694