Experience elevated living in this extraordinary retreat set on 15 breathtaking acres where privacy, nature, and thoughtful design create a truly unforgettable lifestyle. Beyond the gated entry, dramatic architecture welcomes you with soaring 22’ ceilings, an impressive 18’ custom shiplap ceiling in the great room, and expansive spaces designed for both relaxation and entertaining. The chef’s kitchen features dual islands and opens to inviting living areas flowing onto a walkout covered patio overlooking lush landscaping and peaceful surroundings. A striking double-sided fireplace and soapstone wood-burning cook stove create warmth and comfort for cozy Pacific Northwest days.The main-floor office offers a beautiful and functional work-from-home space. The stunning primary suite features 17’ vaulted ceilings, a luxury private ensuite, and patio access for quiet mornings or peaceful evenings outdoors. Two guest bedrooms each offer their own private bathrooms, providing comfort and privacy. With 4,012 sq ft of living space, two laundry rooms, 2,456 sq ft of garage space, and additional unfinished space above the garage, this property offers exceptional flexibility for multigenerational living, guest quarters, hobbies, or future expansion. A rare opportunity to experience tranquil Pacific Northwest living just minutes from Gig Harbor and Hwy 16.
Active
Listed by: Morrison House Sotheby's Intl
$2,159,000
311 Cornwall Road NW, Lakebay, WA 98349
3beds
4,765sqft
Est.:
Single Family Residence
Built in 2018
15 Acres Lot
$2,032,400 Zestimate®
$453/sqft
$-- HOA
What's special
Striking double-sided fireplaceSoapstone wood-burning cook stoveGated entry
- 2 days |
- 117 |
- 9 |
Zillow last checked:
Listing updated:
Offers reviewed: May 04
Listed by:
Anne Watkins,
Morrison House Sotheby's Intl
Source: NWMLS as distributed by MLS GRID,MLS#: 2495780
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Lower
Bathroom three quarter
- Level: Main
Den office
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Great room
- Level: Main
Kitchen with eating space
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, 90%+ High Efficiency, Heat Pump, Recirculation Pump, Stove/Free Standing, Electric, Propane, Wood
Cooling
- 90%+ High Efficiency, Heat Pump
Appliances
- Included: Dishwasher, Disposal, Microwave, Refrigerator, Stove(s)/Range(s), Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Water Heater: Electric, Water Heater Location: Lower garage
Features
- Bath Off Primary, Central Vacuum, Dining Room, High Tech Cabling, Pantry
- Flooring: Ceramic Tile, Engineered Hardwood, Vinyl Plank, Carpet
- Doors: French Doors
- Windows: Dbl Pane/Storm Window
- Basement: Daylight,Finished
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning, Main Level: 2, Fireplace
Interior area
- Total structure area: 4,765
- Total interior livable area: 4,765 sqft
Video & virtual tour
Property
Parking
- Total spaces: 14
- Parking features: Detached Carport, Driveway, Attached Garage, RV Parking
- Has attached garage: Yes
- Has carport: Yes
- Covered spaces: 8
- Uncovered spaces: 6
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Bath Off Primary, Built-In Vacuum, Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, High Tech Cabling, Pantry, Security System, Sprinkler System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wired for Generator
- Has view: Yes
- View description: Territorial
Lot
- Size: 15 Acres
- Features: Open Lot, Paved, Secluded, Deck, Fenced-Partially, Gated Entry, High Speed Internet, Outbuildings, Patio, Propane, RV Parking, Sprinkler System
- Topography: Level,Partial Slope
- Residential vegetation: Brush, Fruit Trees, Garden Space, Wooded
Details
- Parcel number: 0021353019
- Special conditions: Standard
- Other equipment: Wired for Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Cement Planked, Wood Products, Cement Plank
- Foundation: Poured Concrete
- Roof: Composition,Metal
Condition
- Year built: 2018
- Major remodel year: 2018
Utilities & green energy
- Electric: Company: PenLight
- Sewer: Septic Tank
- Water: Individual Well, Private
- Utilities for property: Astound, Astound
Community & HOA
Community
- Security: Security System
- Subdivision: Lakebay
Location
- Region: Lakebay
Financial & listing details
- Price per square foot: $453/sqft
- Tax assessed value: $1,403,400
- Annual tax amount: $6,709
- Offers reviewed: 05/04/2026
- Date on market: 4/29/2026
- Cumulative days on market: 3 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s)
Estimated market value
$2,032,400
$1.93M - $2.13M
$3,679/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Listed for sale | $2,159,000+1442.1%$453/sqft |
Source:  NWMLS as distributed by MLS GRID #2495780 Report a problem | ||
| 9/11/2014 | Sold | $140,000+64.7%$29/sqft |
Source: NWMLS as distributed by MLS GRID #587984 Report a problem | ||
| 3/3/2004 | Sold | $85,000+54.2%$18/sqft |
Source: Public Record Report a problem | ||
| 1/24/2003 | Sold | $55,139+8.6%$12/sqft |
Source: Public Record Report a problem | ||
| 6/1/2000 | Sold | $50,776$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,583 -32.4% | $1,091,456 +0.3% |
| 2023 | $9,735 +4.2% | $1,087,963 0% |
| 2022 | $9,343 -7.3% | $1,088,180 +7.7% |
| 2021 | $10,084 +140.4% | $1,010,000 +22.9% |
| 2019 | $4,194 +165.9% | $821,500 +109.5% |
| 2018 | $1,577 +14.9% | $392,200 +193.1% |
| 2017 | $1,372 +3.1% | $133,800 +27.7% |
| 2016 | $1,331 | $104,800 -1.8% |
| 2014 | $1,331 +4.7% | $106,700 +7.7% |
| 2013 | $1,271 | $99,100 +0.2% |
| 2012 | -- | $98,900 -20.8% |
| 2011 | -- | $124,800 -22.2% |
| 2010 | -- | $160,500 |
Find assessor info on the county website
Monthly payment
Est. payment
$12,244/mo
Principal & interest
$10661
Property taxes
$1583
More affordability tools
Climate risks
Neighborhood: 98349
Nearby schools
GreatSchools rating
- 7/10Evergreen Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 5/10Key Peninsula Middle SchoolGrades: 6-8Distance: 3.4 mi
- 8/10Peninsula High SchoolGrades: 9-12Distance: 11.5 mi
Schools provided by the listing agent
- Elementary: Evergreen Elem
- Middle: Key Peninsula Mid
- High: Peninsula High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Washington
- Pierce County
- Lakebay
- 98349
- 311 Cornwall Road NW
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