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    Lakebay, WA
    Waterfront

    Lakebay, WA Waterfront Land for Sale

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    7 properties
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    Partially Cleared Waterfront Lot
    Updated: May 9
    Partially Cleared Waterfront Lot

    905 E Madrona Blvd Nw, Lakebay, WA

    $34,900
    0.32 AC lot
    0.32‑acre (about 14,000 SF) flat vacant lot on a quiet dead‑end street on Herron Island
    Lot dimensions are 80' x 175' x 80' x 175' and is partially cleared
    Power and water are available on the property
    Partial water view
    Herron Island community amenities include seasonal boat docks, a boat launch, community beaches (2), parks, and trails
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    Vacant Waterfront Lot
    Updated: May 9
    Vacant Waterfront Lot

    909 E Madrona Blvd Nw, Lakebay, WA

    $34,900
    0.32 AC lot
    0.32‑acre vacant lot (14,000 SF) on a quiet dead‑end street in Herron Island
    Flat lot dimensions: 80' x 175' x 80' x 175', partially cleared
    Water is on the property
    Includes a partial water view
    Herron Island community amenities include seasonal boat docks, boat launch, and community beaches (2)
    View details
    Land
    Land

    907 E Madrona Blvd Nw, Lakebay, WA

    $34,900
    0.32 AC lot

    Waterfront Land · 0.32 Acres

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    See what stands out in Pierce County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Unimproved Land
    Unimproved Land

    911 Sanford Avenue SW, Lakebay, WA 98349

    $161,900

    Waterfront Land

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    Land
    Land

    1905 194th Ave Sw, Lakebay, WA

    $215,000

    Waterfront Land

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    Land
    Land

    411 151st Avenue Ct Sw, Lakebay, WA

    $425,000

    Waterfront Land

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Vacant Land
    Vacant Land

    2501 195th Ave SW, Lakebay, WA 98349

    $60,000

    Waterfront Land

    View details
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Lakebay, WA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Wooded Waterfront Development Land
    Wooded Waterfront Development Land

    705 E Colonel Wright Road, Shelton, WA 98584

    $124,900
    4.91 AC lot

    Power is available at the road, and soils appear suitable for septic on mostly wooded waterfront acreage.

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    Land
    Land

    50 Lot2B E Philura Ln, Shelton, WA 98584

    $239,000

    Waterfront Land

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    Permit-Ready Waterfront Homesite
    Permit-Ready Waterfront Homesite

    6902 190th Ave Sw, Longbranch, WA

    $339,900

    Waterfront land offering permit-ready building plans and an approved three-bedroom septic design for a custom build.

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    Waterfront Land with Saltwater Frontage
    Waterfront Land with Saltwater Frontage

    6809 SW Cliff, Longbranch, WA 98351

    Contact for pricing

    Waterfront acreage with tidelands, an installed driveway, treed uplands, and a gazebo overlooking the water.

    View details

    Lakebay, WA Waterfront Land Market Trends and Statistics

    Explore 7 waterfront land for sale in Lakebay, WA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 41,818 square feet of properties for sale, with an estimated market value of $966,600.

    Sale prices for water rights properties in Lakebay, WA start at $34,900, averaging $138,085, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 26
    Waterfront Land 9
    Agricultural land / Farmland 4

    Demographics Overview

    Population 6,853
    Population Growth (5Y) +32.4%
    Median Household Income $100,678
    College Educated 30.2%

    High-Yield Neighborhoods for Investment

    Identify Lakebay submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    98349 $111K

    Taxes & Financing

    Tax Rate (average for all types) 0.72%
    Property Tax per SF $17.19 per SF
    Tax Rate vs County Average 0.19 pp below county avg
    Average Loan-to-Value 65.0%

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