Tacoma · Home sale

8802 Key Peninsula Hwy NW in Lakebay sells for $1 million

A single-family home at 8802 Key Peninsula Hwy NW, Lakebay sold for $1,000,000 on September 9, 2026. See the seller and buyer net sheets for this sale.

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Aerial view of 8802 Key Peninsula Hwy NW, Lakebay with the parcel outlined
Aerial photo: U.S. Geological Survey. Parcel outline: Pierce County Assessor. The photo can predate the sale. See the full listing on Zillow.
Sale price
$1,000,000
Sold
September 9, 2026
Property type
Single-family home
Living area
2,953 sq ft
Price per sq ft
$339
Year built
1975

The home at 8802 Key Peninsula Hwy NW in Lakebay sold for $1,000,000 on September 9, 2026. That is 15% above its $866,300 market value on record, according to the Pierce County Assessor-Treasurer's sales records.

An aerial photo shows a pool, with open land around the property.

The Assessor's records show 3 bedrooms, 3.25 bathrooms, 2,953 square feet of living area, a build year of 1975 and a 2.6-acre lot. The sale price works out to $339 per square foot. The last sale on record was $340,000 in 2013. This sale price is 2.9 times that amount.

This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.

What were the closing costs in Pierce County?

By our estimate, the seller's two largest charges, not counting commission and prorations, were $11,855 for the state real estate excise tax (graduated) and $5,000 for the local real estate excise tax (0.50%). Who pays what follows Pierce County custom.

How much did the seller net?

By our estimate, the seller netted about $927,404. That assumes a 5% commission. It is before any mortgage payoff.

How much cash did the buyer bring to closing?

A buyer putting 20% down would need about $220,105 at closing. That covers the down payment and closing costs.

Run this net sheet with your numbers (free) See photos on Zillow

8802 Key Peninsula Hwy NW, Lakebay, WA.

Source: Pierce County Assessor-Treasurer, sales data downloads, document 4698795. Property details: Pierce County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.

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