20515 21st Street NW, Lakebay, WA 98349 (MLS # 2542607)
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Listing provided courtesy of Northwest MLS; Windermere Prof Partners
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Architecturally inspired & beautifully sited on nearly two acres of medium-bank waterfront, this extraordinary custom residence captures sweeping views of Puget Sound, majestic mountains, & the Heron Island ferry. Inspired by the work of renowned modernist architect Richard Meier & thoughtfully designed by acclaimed Gig harbor architect James E. Kaczmarek, the home is a striking blend of contemporary design & natural beauty. Floor-to-ceiling windows, soaring skylights, graceful coved architectural details, & an open-concept layout fill the home with abundant natural light & frame the ever-changing waterfront vistas. The main level features a refined kitchen & expansive gathering spaces opening to two view decks. Upstairs, two luxurious primary suites each enjoy private baths, private view balconies, including a grand waterfront retreat & a second more secluded sanctuary. A lofted seating area overlooks the dining room & spectacular views beyond. Step outside to embrace an exceptional waterfront lifestyle with beachcombing, kayaking, paddleboarding, & endless opportunities to explore the shoreline just beyond your doorstep. Or simply relax & enjoy spectacular sunsets over the water. Wildlife abounds with eagles, seals, orcas, deer & rabbits frequenting the property. A detached 2-car garage with workshop, flex space, & storage complements the lush grounds adorned with fruit trees, flowering gardens, & mature landscaping, creating a truly exceptional PNW estate.
| LAST UPDATED | 6/23/2026 | TRACT | Lakebay |
|---|---|---|---|
| YEAR BUILT | 1997 | COMMUNITY | Lakebay |
| COUNTY | Pierce | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Buyer To Verify |
|---|---|
| Jr. High School | Key Peninsula Mid |
| High School | Peninsula High |
| ADDITIONAL DETAILS | |
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Dryer, Refrigerator, Washer, Water Heater |
| AREA | 4 - Key Peninsula South |
| BASEMENT | None |
| CONSTRUCTION | Stucco |
| EXTERIOR | Garden |
| GARAGE | Yes |
| HEAT | Forced Air, Propane |
| INTERIOR | Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Second Primary Bedroom, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater |
| LOT | 1.64 acre(s) |
| LOT DESCRIPTION | Dirt Road, Secluded |
| MLS STATUS | Active |
| PARKING | Driveway, Detached |
| SEWER | Septic Tank |
| STORIES | 1.5 |
| STYLE | 11 - 1 1/2 Story |
| SUBDIVISION | Lakebay |
| TAXES | 1496 |
| VIEW | Yes |
| VIEW DESCRIPTION | Bay, Mountain(s), Sound |
| WATER | Well, Private |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Properties with the 
icon are courtesy of Northwest MLS.
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 6/24/26 2:00 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.
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