Palmer Lake Real Estate

Welcome to Palmer Lake, a hidden gem nestled in the serene landscapes of Lakebay, Washington. This charming neighborhood is a perfect blend of natural beauty and community spirit, making it an ideal place for families, retirees, and anyone seeking a tranquil lifestyle.

Surrounded by lush forests and sparkling waters, Palmer Lake offers residents a picturesque setting that is hard to resist. The lake itself is a central feature, providing opportunities for fishing, kayaking, and leisurely strolls along its shores. Imagine waking up to the gentle sounds of nature and sipping your morning coffee while enjoying breathtaking views of the water!

The community is known for its friendly atmosphere, where neighbors become friends and gatherings are a common occurrence. Local events, such as seasonal festivals and farmers' markets, foster a sense of belonging and allow residents to connect with one another. Families will appreciate the nearby parks and recreational areas, offering playgrounds, trails, and picnic spots perfect for weekend outings.

Conveniently located within a short drive to larger towns, Palmer Lake provides easy access to shopping, dining, and entertainment options while maintaining its peaceful charm. With top-rated schools in the vicinity, it’s a fantastic choice for families looking to provide their children with quality education.

Whether you’re seeking a weekend retreat or a place to call home, Palmer Lake in Lakebay, WA, offers an enchanting lifestyle surrounded by nature and community warmth. Come explore this delightful neighborhood and discover all it has to offer!

Newest Listings in Palmer Lake

$340,000

3 Beds ⋅ 2 Baths ⋅ 2576578 MLS ⋅ ACTIVE Status

Experience all that lakefront living has to offer, while recreating or relaxing from this one-level view home ideally situated on a premier lot adjacent to Palmer Lake. Complete with picturesque gardens and a lawn that gently slopes toward the lake, the property offers a sense of peaceful retreat and endless opportunities from the private community swimming and fishing docks, picnic areas, and park. Bordered by a green belt for privacy, the home features 3 bedrooms and 2 baths, living room connected to a large kitchen with dining space, newer floors, patio for entertaining, fenced back yard, and ample parking. Appreciate the Palmer Lake sense of community and enjoy nearby Joemma and Penrose State Parks on the Puget Sound.

19116 21st Street SW, Lakebay

Listing courtesy of eXp Realty.

$524,900

3 Beds ⋅ 2 Baths ⋅ 2572328 MLS ⋅ ACTIVE Status

First Time on the Market! One-owner home, completely remodeled and move-in ready—everything is NEW! Thoughtfully redesigned with a nature-inspired, biophilic aesthetic, the home showcases exposed natural wood elements that bring warmth, texture, and an organic feel throughout. Step inside to a bright, open floor plan featuring vaulted ceilings, recessed lighting, modern rattan light fixtures, premium fixtures throughout, and durable luxury vinyl plank flooring. The home offers three spacious bedrooms and a beautifully updated bathrooms with a custom premium pine vanity. The completely remodeled kitchen features all-new appliances, custom birch countertops, a real bamboo backsplash, and natural finishes that complement the home's unique design. Fresh interior paint and thoughtful updates throughout make this home truly move-in ready. Three doors open both ways, adding flexibility and functionality while enhancing the home's connection to the outdoors. Outside, the spacious property offers room for a potential ADU, providing exciting possibilities for multigenerational living, guests, a home office, or additional income—buyer to verify. A two-car garage provides plenty of space for parking, storage, hobbies, and more. A rare opportunity to own a beautifully remodeled, one-owner home that blends modern updates, premium finishes, natural warmth, and plenty of room for the future!

19716 20th Street SW, Lakebay

Listing courtesy of eXp Realty.

$429,999

3 Beds ⋅ 2 Baths ⋅ 2569353 MLS ⋅ ACTIVE Status

Palmer Lake Community is calling your name! Tucked into a fabulous area with parks and waterfront nearby, this open-concept single-story home checks every box. Fully fenced to keep the wayward soccer ball on property (should you like that sort of thing), and placed midway down a peaceful cul-de-sac for extra privacy. Need a place to store your gardening treasures or hobby creations? A gate large enough for your boat or RV leads to a sturdy, super-dry shed. Want a cover for that boat, too? The seller is willing to leave an additional cover just inside the gates.Inside, vaulted ceilings let this home live large, while french doors off the great room open to the perfect patio for BBQs and entertaining. And with Palmer Lake itself just moments away, summer fun is never far — swimming, boating, and lakeside relaxation all included. Truly a gem worthy of your viewing.

2616 196th Avenue SW, Lakebay

Listing courtesy of John L. Scott, Inc..

$400,000

3 Beds ⋅ 2 Baths ⋅ 2558370 MLS ⋅ ACTIVE Status

Just over a quarter acre in the beautiful Palmer Lake community with private lake access. Fully fenced backyard with plenty of room for gardening, entertaining, pets, or relaxing in privacy. New, durable storage shed for your gardening or storage needs. The 2 car garage and generous driveway offer parking for up to 6 vehicles, with additional space for an RV. Inside, the well-designed kitchen offers plenty of workspace and a practical layout that makes cooking and entertaining easy. Upgrades include new flooring, electric fireplace, new back deck, and fresh interior and exterior paint. Less than 3 mi from Joemma Beach State Park, a beautiful beachfront offering recreational activities including camping, fishing, and boating.

1706 194th Avenue SW, Lakebay

Listing courtesy of Keller Williams West Sound.

$525,000

2 Beds ⋅ 2 Baths ⋅ 2560183 MLS ⋅ PENDING - BACKUP OFFER REQUESTED Status

Waterfront Lake living with a new private dock, fenced property, oversized carport, ample additional parking & spacious outbuilding with power. This 2 bedroom, 2 bath charmer sports vaulted wood ceilings, great room concept living, laundry and huge windows that embrace the natural light & sweeping view. The 536 sq.ft. deck overlooks your manicured beachfront & dock. This wonderful lake view is ever changing with the seasons. The Palmer Lake Country Beach Club provides community events and two parks on each end of the lake. The main beach park features playground, docks, raft and loads of fun! A true Pacific Northwest Gem.

1907 194th Avenue SW, Lakebay

Listing courtesy of Coldwell Banker Bain.

$69,999

2556800 MLS ⋅ ACTIVE Status

Build your dream home in the desirable Palmer Lake community! This ready-to-build 9,271 sq. ft. lot offers public water already on the property, power available at the street, and an approved 3-bedroom septic design—saving you valuable time and expense. This property is ready for your custom home, manufactured home or future investment. As a property owner, you'll enjoy private community access to beautiful Palmer Lake, featuring a boat launch, recreational area, and playground for year-round outdoor fun. Located in the heart of the scenic Key Peninsula, you'll be surrounded by the best of the Pacific Northwest with nearby lakes, parks, hiking trails, boat launches, and Puget Sound recreation. Just minutes from Key Center for shopping, dining, and everyday conveniences, with an easy drive to Gig Harbor and Tacoma. Whether you're ready to build now or invest for the future, this is an exceptional opportunity to own a build-ready lot in a welcoming lakeside community.

19421 24th Street SW, Lakebay

Listing courtesy of Gateway Real Estate.

$435,000

4 Beds ⋅ 3 Baths ⋅ 2559055 MLS ⋅ ACTIVE Status

Welcome home to this move-in-ready 1,640 sq ft Palmer Lake home on the Key Peninsula! Situated on a spacious .21-acre fully fenced corner lot, this home offers a comfortable floor plan with a sunny kitchen featuring quartz counters & new stainless appliances. The kitchen & dining area open to a large deck, perfect for entertaining. Enjoy plenty of room to garden, play & relax outdoors, plus a garden shed and spacious 2-car garage for parking, storage & hobbies. Upstairs offers 4 bedrooms, including a generous primary suite with walk-in closet, 3 additional bedrooms, full bath & convenient upper-level laundry. Enjoy Palmer Lake amenities including a private lake, swimming docks, boat launch & recreation—all within walking distance. Canoe, paddle boat, swim or relax lakeside. Enjoy comfortable living in a wonderful lake community!

1718 193rd Avenue Ct SW, Lakebay

Listing courtesy of Windermere RE West Sound Inc..

$215,000

2557062 MLS ⋅ ACTIVE Status

Palmer Lake Waterfront buildable parcel provides you with 43' lowbank private beachfront property. The SW view of the lake highlights the future level building site which slopes down to your very own beach. A very lovely 17,926 square foot lot is waiting to provide someone years of enjoyment. You will also be a member of the Palmer Lake Beach Club Community which offers & maintains 2 additional community beaches, parks, playground, docks, launch, sport court & more. Quality of lakeside living is in your future. This peaceful setting & location is just minutes from the town of Home, Joemma State Park & Penrose State Park for saltwater adventures & beach combing. Key Center is a quick drive bringing you additional shopping, resturants and more amendities. Rare opportunity to own & build on the magical Key Peninsula, a true PNW Gem.

1905 194th Avenue SW, Lakebay

Listing courtesy of Coldwell Banker Bain.

$135,000

2550147 MLS ⋅ ACTIVE Status

Palmer Lake Beach Club rare lot on private cul-de-sac...this ready to build 9390 Sq.Ft. site with septic already installed includes both water & electric on site is fully fenced around its 29X103X137X132 dimensions & can accommodate a new 3/2 SF stick built or new Manufactured home of your choice. The CC&R's allow an RV to be on site for a short term while construction is underway...! Palmer Lake & the surrounding Key Peninsula areas offer swimming, boating, fishing, Salt Water access to Case Inlet at Joemma Beach, Carr Inlet at Penrose State Parks, Drayton Passage from Filucy Bay, Bay Lake is stocked yearly. Shopping & fuel at Home Colony is a quick 7 minutes away, Key Center amenities are a quick 12 minute drive...Gig Harbor is 25 minutes away & Tacoma, Port Orchard & Bremerton are less than a 45 minute commute time even in winter...! If you are looking for serenity & sense of community...you can find it here in the Heart of the Key Peninsula. You need to see the area to fully enjoy & appreciate it...

1723 193rd Avenue Ct SW, Lakebay

Listing courtesy of Windermere Prof Partners.

$444,000

2 Beds ⋅ 1 Baths ⋅ 2551316 MLS ⋅ ACTIVE Status

Escape to your own Pacific Northwest retreat! This one-of-a-kind custom home offers rustic charm, modern comforts, and an incredible connection to nature. From the stunning stone entry to the warm exposed woodwork and abundant natural light, you’ll feel right at home.Enjoy a spacious loft, bonus room, and an amazing rooftop deck—perfect for entertaining, stargazing, or relaxing with your morning coffee. Thoughtful updates include a tankless hot water heater, durable metal roof, upgraded 20-amp outdoor outlets, remote-controlled laundry room ceiling fan, wireless window security sensors, and a transferable security system.Outside, you’ll find apple, cherry, and plum trees, along with blueberries, huckleberries, and lingonberries, plus a beautiful wildflower meadow that attracts birds and butterflies. Spend summer days in the above-ground outdoor pool, and enjoy the convenience of a large covered carport, spacious storage outbuilding, and all appliances included.As part of the sought-after Palmer Lake Community, you’ll enjoy access to two private lakes with beaches, a large waterfront park, playground, picnic areas, fishing dock, and private boat launch. Conveniently located just 17 miles from Hwy 16, this property offers the perfect blend of peaceful living and outdoor recreation.Rarely do homes with this much character, privacy, and community lifestyle become available. Schedule your private showing today!

19112 19th SW, Lakebay

Listing courtesy of Kelly Right RE of Seattle LLC.

$480,000

3 Beds ⋅ 3 Baths ⋅ 2514462 MLS ⋅ ACTIVE Status

Discover this charming home in Palmer Lake community of Lakebay, nestled on the beautiful Key Peninsula! Home boasts modern kitchen with butcher-block countertops, stainless steel appliances, and a central island with a breakfast bar. Open concept living on the main floor that combines the living room, dining room and kitchen which is ideal for entertaining. Back porch and fenced backyard that is spacious so bring your creative ideas for fun outdoor living! The upstairs has primary suite with private bathroom and two more bedrooms! There is ample parking and two parking spots in the garage and the home is situated in a peaceful cul-de-sac. Sit on the front covered porch and enjoy the solitude! The community has lake, cabana, beach & dock! Sellers moving due to job relocation. New Roof in 22/23 **Lease-to-own financing options may be available for qualified buyers through a preferred lender, subject to buyer and property eligibility requirements and program guidelines.

19617 21st Street Ct SW, Lakebay

Listing courtesy of Keller Williams South Sound.

$465,000

3 Beds ⋅ 2 Baths ⋅ 2515256 MLS ⋅ ACTIVE Status

Impeccably maintained single story home in the Palmer Lake community where pride of ownership is clear from the moment you arrive. Designed with an open concept great room and vaulted ceilings, the layout offers a natural flow that works beautifully for both daily living and gathering with friends. A wood stove anchors the space, adding warmth and a welcoming touch. The open kitchen features oak cabinetry, newer stainless steel appliances, pantry & breakfast bar. Flow seamlessly into the dedicated dining area that feels elevated from the typical eat in setup. A flexible den creates options for a home office, hobby room, or quiet escape, while 3 bedrooms and 2 full baths provide a layout that simply makes sense. The primary suite includes a private bath & walk in closet. Step outside to a wraparound deck overlooking a .22 acre lot, offering space to relax, entertain, or enjoy the outdoors. Located in the Palmer Lake community, this home offers a comfortable lifestyle in a setting that feels tucked away yet connected. View today!

1704 197th Avenue SW, Lakebay

Listing courtesy of Crafted Real Estate.

Start Your Search

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.