UPDATE: Previously listed as two combined parcels, this property is now offered as a single 12.82-acre lot w/home. At a newly reduced and very attractive price! If you’re interested in the second parcel, please inquire. Nestled on the Key Peninsula, Lakebay offers peaceful surroundings, abundant wildlife, and easy access to nearby marinas and state parks. This beautiful, better-than-new home features an open-concept kitchen, a whole-home water filtration system, Generac generator with automatic transfer start, 150-gallon blue water tank, three-tank septic system, and an oversized back patio ideal for entertaining. Perfect for hiking, biking, and ATV adventures with private trails. Adventure awaits, now at a serious value!
Sold
Listed by:
Nancy Wallace,
Coldwell Banker Bain
Bought with: John L. Scott, Inc.
$859,000
216 Cornwall Road NW, Lakebay, WA 98349
3beds
2,122sqft
Single Family Residence
Built in 2017
12.82 Acres Lot
$858,800 Zestimate®
$405/sqft
$3,248 Estimated rent
Home value
$858,800
$816,000 - $910,000
$3,248/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: December 26, 2025 at 03:34pm
Listed by:
Nancy Wallace,
Coldwell Banker Bain
Bought with:
Susan Wood, 27880
John L. Scott, Inc.
Source: NWMLS,MLS#: 2415941
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Other
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- Fireplace, Forced Air, Electric, Propane
Cooling
- None
Appliances
- Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Water Heater: Tankless, Water Heater Location: Garage
Features
- Bath Off Primary, Ceiling Fan(s)
- Flooring: Ceramic Tile, Engineered Hardwood, Carpet
- Basement: None
- Number of fireplaces: 1
- Fireplace features: See Remarks, Main Level: 1, Fireplace
Interior area
- Total structure area: 2,122
- Total interior livable area: 2,122 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, RV Parking
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Fireplace, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 12.82 Acres
- Dimensions: 1,117,313
- Features: Paved, Secluded, Value In Land, Cable TV, Deck, Fenced-Partially, Gas Available, Gated Entry, High Speed Internet, Outbuildings, Patio, Propane, RV Parking
- Topography: Level,Partial Slope
- Residential vegetation: Brush, Fruit Trees, Garden Space, Wooded
Details
- Parcel number: 0020022011
- Zoning: RF
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Cement Planked, Wood Siding, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Very Good
- Year built: 2017
- Major remodel year: 2017
Utilities & green energy
- Sewer: Septic Tank
- Water: Individual Well
Community & neighborhood
Location
- Region: Lakebay
- Subdivision: Lakebay
Other
Other facts
- Listing terms: Cash Out,Conventional
- Cumulative days on market: 226 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/24/2025 | Sold | $859,000-1.2%$405/sqft |
Source:  NWMLS #2415941 Report a problem | ||
| 11/27/2025 | Pending sale | $869,000$410/sqft |
Source: NWMLS #2415941 Report a problem | ||
| 10/20/2025 | Price change | $869,000-19.1%$410/sqft |
Source: NWMLS #2415941 Report a problem | ||
| 8/11/2025 | Listed for sale | $1,074,000+117%$506/sqft |
Source: NWMLS #2415941 Report a problem | ||
| 3/13/2019 | Sold | $495,000+1000%$233/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,737 +0% | $657,815 +3.7% |
| 2023 | $5,734 +2.2% | $634,241 -1.9% |
| 2022 | $5,610 +9.1% | $646,740 +27.2% |
Find assessor info on the county website
Neighborhood: 98349
Nearby schools
GreatSchools rating
- 7/10Evergreen Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 5/10Key Peninsula Middle SchoolGrades: 6-8Distance: 3.7 mi
- 8/10Peninsula High SchoolGrades: 9-12Distance: 11.6 mi
Schools provided by the listing agent
- Elementary: Evergreen Elem
- Middle: Key Peninsula Mid
- High: Peninsula High
Source: NWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$858,800
2% more+ $17,176
With Zillow Showcase(estimated)
$875,976