16602 - 16608 Delano Road, Lakebay, WA, 98349
About This Home
Rare 2.27-acre Lakebay property with strong potential and breath taking views! Property includes an unfinished home with approximately 1,032 sq ft of interior space plus 2 bedrooms and 2 baths with expansive acreage to create a custom home site, shop, ADU, or multi-use space. Located in a quiet rural setting with fully fenced grounds, this parcel offers RV parking, outbuildings, abundant room for toys, livestock, or future improvements, and privacy while still being just minutes from community amenities and Puget Sound access. Interior is unfinished — bring your contractor and transform this space into a one-of-a-kind Lakebay retreat or investment flip. With utilities in place including individual well and septic, there’s tremendous upside for the right buyer. Property Highlights: • Approx. 1,032 sq ft interior space • 2 beds, 2 baths (buyer to verify) • 2.27 acres of usable land (2 Parcels) • Fully fenced — great for pets, pasture, gardening • Outbuildings & storage, plus generous parking and room for shop, ADU, or detached garage • Individual well & septic present • Sold as-is — perfect for investors or buyers seeking a renovation project. This offering presents a significant opportunity to add value through finishing, creative redesign, or expansion in one of Pierce County’s peaceful and scenic rural pockets. Buyer to verify all measurements, zoning, permits, and intended use.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Poured Concrete
- Roof: Composition
- Construction materials: Wood Siding
Notable Dates
- Major remodel year: 2007
Type & Style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Water Heater: electric
Basement
- Basement: None
Bathroom Full
- Level: Main
Bathroom Full
- Level: Main
Bedroom
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Dining Room
- Level: Main
Entry Hall
- Level: Main
Features
- Window features: Dbl Pane/Storm Window
- Flooring: Laminate,Vinyl,Carpet
Heating & Cooling
- Heating features: Wall Unit(s),Electric
- Cooling features: None
Interior Area
- Total structure area: 1,032
- Total interior livable area: 1,032 sqft
Kitchen Without Eating Space
- Level: Main
Living Room
- Level: Main
Utility Room
- Level: Main
Property
Details
- Parcel number: 0020021019
- Zoning: R10
- Zoning description: Jurisdiction: County
- Special condition: Standard
- Other equipment: Leased Equipment: none
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Dbl Pane/Storm Window,Water Heater
- Topography of land: Equestrian,Level,Partial Slope
- Residential vegetation: Brush,Pasture,Wooded
Lot
- Lot size: 2.27 Acres
- Features: Paved,Cable TV,Deck,Fenced-Fully,High Speed Internet,Outbuildings,RV Parking
Parking
- Total spaces: 1
- Parking features: Attached Garage,Off Street,RV Parking
- Has garage: Yes
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Coastal Flooding
- Heat Wave
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Pierce County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,895 | $22,740 |
| Home Insurance * | $113 | $1,356 |
| Property Taxes | $265 | $3,180 |
| Electricity | $149 | $1,793 |
| Total | $2,422 | $29,064 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-20 | Listed for sale | $399,950 |
| 2025-07-17 | Listing removed | $430,000 |
| 2025-01-25 | Listed for sale | $430,000 |
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