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16318 82nd Street NW, Lakebay, WA, 98349

3beds
3baths
3,792sqft
$800,000
$211price/sqft
$5,103/moest. monthly cost
$204,120/yrincome needed

About This Home

Rare, Award-Winning, Impeccably Kept Log Home on 2.5 Private Acres accessed by a newly grated + graveled road where the only traffic is a deer or bunny! Home features fireplace with dramatic 2-story high stovepipe, wraparound front porch, hot-tub ready covered deck off the primary. All exterior and interior logs and wood surfaces have been expertly refinished and re-stained, and chinking expertly upgraded. Main floor primary has two closets, incl floor-ceiling closet system, french-door access to backyard. Up the dramatic oak stairs are two more bedrooms, full bath and large flex area that overlooks main living space. Third floor loft is perfect for playroom, music studio, sleep space, hangout. Just a few steps from the home is a separate 3 story permitted building that seller had home gym on the lower level, guest quarters (including charming 3/4 bath) on the top level, with slider leading to deck offering sweeping views, home office on middle level, with built-in standing desk plus gathering space and office/ craft organization. Perfect multi-gen living space, nanny's quarters, home office, home school, church meetings, daycare, artist's or crafter's studio? Exterior bonuses include fenced sport court, firepit, circular driveway, new roof on back bldg and shed,perfect star-gazing, solitude with only two other(long-time owners)homes on the road. All homes on this plat are on 2.5 acres-ultimate in privacy! Just 1 mile to Key Center and 20-30 min to Gig Harbor or The Narrows.

Getting Around

11
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

7/10
Vaughn Elementary SchoolGrades PK-51.2 mi
5/10
8/10
Peninsula High SchoolGrades 9-127.3 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1990

Materials

  • Foundation: Poured Concrete
  • Roof: Composition,See Remarks
  • Construction materials: Log,Wood Siding,Wood Products

Type & Style

  • Home type: SingleFamily
  • Architectural style: 2 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s),Water Heater Location: main floor closet

Basement

  • Basement: None

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Garage

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Bonus Room

  • Level: Third

Den Office

  • Level: Second

Dining Room

  • Level: Main

Family Room

  • Level: Third

Features

  • Ceiling Fan(s),Dining Room,Loft
  • Door features: French Doors
  • Window features: Dbl Pane/Storm Window,Skylight(s)
  • Flooring: Ceramic Tile,Hardwood,Laminate,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Gas,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Ductless,Wall Furnace,Electric,Propane
  • Cooling features: Ductless

Interior Area

  • Total structure area: 3,792
  • Total interior livable area: 3,792 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Other

  • Level: Main

Rec Room

  • Level: Third

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 0021017024
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Ceiling Fan(s),Dbl Pane/Storm Window,Dining Room,Fireplace,French Doors,Loft,Skylight(s),Sprinkler System,Vaulted Ceiling(s),Walk-In Closet(s)
  • Has view: Yes
  • View description: Territorial
  • Topography of land: Level,Partial Slope,Terraces
  • Residential vegetation: Garden Space,Wooded

Lot

  • Lot size: 2.54 Acres
  • Features: Dead End Street,Secluded,Athletic Court,Deck,Outbuildings,Propane,RV Parking,Sprinkler System

Parking

  • Parking features: Driveway,Off Street,RV Parking

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

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Pierce County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $4,045$48,540
Home Insurance *$242$2,904
Property Taxes $557$6,684
Electricity $259$3,112
Total$5,103$61,236
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$174,960/yr
40% on housing$153,090/yr
45% on housing$136,080/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

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.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$211This listing

vs Other Active Listings

Avg $/sqft

ZIP 98349$221
Pierce County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 98349$281
Pierce County$312

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

DateEventPrice
2026-04-04Listed for sale$850,000
2023-03-07Listing removed--
2022-05-17Pending sale$899,000
2022-05-16Sold$850,000
2022-04-25Pending sale$899,000
2022-03-08Price change$899,000
2022-02-19Price change$939,000
2022-01-19Listed for sale$949,000
2016-03-03Sold$493,200
1997-07-03Sold$189,950

For Sale by Agent

AgentGeorge Graham
BrokerageJohn L. Scott, Inc

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