Real Estate Investment Properties for Sale in Lakebay, WA

Looking for investment property in Lakebay, WA with high ROI ?

Explore a variety of short-term homes & houses in Lakebay, WA. Invest wisely with VRBO & Lakebay, WA Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Lakebay, WA

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1327 196th Avenue NW Lakebay, WA Experience the serenity of a 5-acre sanctuary with this charming one-level home. Featuring...	3 beds \| 2 baths \| 2,254 sq.ft.	$865,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 2.67% Airbnb Rental Income: $1182 Traditional Rental Income: $3670 Airbnb ROI: -0.9% Traditional ROI: 2.67%
821 174th Ave NW Lakebay, WA 821 174th Ave NW, Lakebay, WA 98349 \| Single Family Residential	3 beds \| 2 baths \| 2,372 sq.ft.	$759,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 2.38% Airbnb Rental Income: $1182 Traditional Rental Income: $3171 Airbnb ROI: -0.98% Traditional ROI: 2.38%
809 W Herron Blvd NW Lakebay, WA 809 W Herron Blvd NW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$99,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.09% Airbnb Rental Income: $null Traditional Rental Income: $1030 Airbnb ROI: N/A Traditional ROI: 4.09%
0 Tiedman Rd SW Lakebay, WA 0 Tiedman Rd SW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$117,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.47% Airbnb Rental Income: $null Traditional Rental Income: $1046 Airbnb ROI: N/A Traditional ROI: 6.47%
919 Sanford Ave Lakebay, WA 919 Sanford Ave, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$95,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.32% Airbnb Rental Income: $null Traditional Rental Income: $1046 Airbnb ROI: N/A Traditional ROI: 8.32%
1809 208th Ave SW Lakebay, WA 1809 208th Ave SW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$189,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.31% Airbnb Rental Income: $null Traditional Rental Income: $1046 Airbnb ROI: N/A Traditional ROI: 3.31%
14817 24th St SW Lakebay, WA 14817 24th St SW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$238,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.25% Airbnb Rental Income: $null Traditional Rental Income: $1046 Airbnb ROI: N/A Traditional ROI: 2.25%
1415 208th Ave SW Lakebay, WA 1415 208th Ave SW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$239,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.25% Airbnb Rental Income: $null Traditional Rental Income: $1046 Airbnb ROI: N/A Traditional ROI: 2.25%
0 196th Ave NW Lakebay, WA 0 196th Ave NW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$149,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.68% Airbnb Rental Income: $null Traditional Rental Income: $1046 Airbnb ROI: N/A Traditional ROI: 4.68%
2311 202nd Ave SW Lakebay, WA 2311 202ND Ave SW, Lakebay, WA 98349 \| Single Family Residential	3 beds \| 2 baths \| 3,206 sq.ft.	$699,900	Airbnb cash on cash: -0.94% Traditional cash on cash: 2.18% Airbnb Rental Income: $1182 Traditional Rental Income: $2833 Airbnb ROI: -0.94% Traditional ROI: 2.18%
15261 24th St SW Lakebay, WA 15261 24th St SW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.08% Airbnb Rental Income: $null Traditional Rental Income: $1046 Airbnb ROI: N/A Traditional ROI: 4.08%
21402 S Herron Rd NW Lakebay, WA 21402 S Herron Rd NW, Lakebay, WA 98349 \| Single Family Residential	4 beds \| 4 baths \| 5,014 sq.ft.	$7,999,500	Airbnb cash on cash: -1.83% Traditional cash on cash: -1.32% Airbnb Rental Income: $1642 Traditional Rental Income: $4913 Airbnb ROI: -1.83% Traditional ROI: -1.32%
18307 Herron Rd NW Lakebay, WA 18307 Herron Rd NW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.67% Airbnb Rental Income: $null Traditional Rental Income: $1046 Airbnb ROI: N/A Traditional ROI: 4.67%
411 208th Ave NW Lakebay, WA 411 208th Ave NW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$115,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.61% Airbnb Rental Income: $null Traditional Rental Income: $1046 Airbnb ROI: N/A Traditional ROI: 6.61%
2219 Key Peninsula Hwy SW Lakebay, WA 2219 Key Peninsula Hwy SW, Lakebay, WA 98349 \| Single Family Residential	4 beds \| 3 baths \| 3,012 sq.ft.	$1,100,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 1.36% Airbnb Rental Income: $1642 Traditional Rental Income: $3504 Airbnb ROI: -0.91% Traditional ROI: 1.36%
14802 Delano Rd SW Lakebay, WA 14802 Delano Rd SW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$225,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.5% Airbnb Rental Income: $null Traditional Rental Income: $1046 Airbnb ROI: N/A Traditional ROI: 2.5%
17226 17th Street Ct SW Lakebay, WA 17226 17th Street Ct SW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$185,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.45% Airbnb Rental Income: $null Traditional Rental Income: $1046 Airbnb ROI: N/A Traditional ROI: 3.45%
408 Herron Ln NW Lakebay, WA 408 Herron Ln NW, Lakebay, WA 98349 \| Single Family Residential	2 beds \| 2 baths \| 1,440 sq.ft.	$677,500	Airbnb cash on cash: -1.41% Traditional cash on cash: 0.74% Airbnb Rental Income: $1194 Traditional Rental Income: $2160 Airbnb ROI: -1.41% Traditional ROI: 0.74%
1510 Key Peninsula Hwy SW Lakebay, WA 1510 Key Peninsula Hwy SW, Lakebay, WA 98349 \| Manufactured Home	4 beds \| 2 baths \| 1,836 sq.ft.	$480,000	Airbnb cash on cash: 0.45% Traditional cash on cash: 3.75% Airbnb Rental Income: $1642 Traditional Rental Income: $2662 Airbnb ROI: 0.45% Traditional ROI: 3.75%
415 W Herron Blvd NW Lakebay, WA 415 W Herron Blvd NW, Lakebay, WA 98349 \| Single Family Residential	3 beds \| 2 baths \| 1,248 sq.ft.	$439,900	Airbnb cash on cash: -1.13% Traditional cash on cash: 2.66% Airbnb Rental Income: $1182 Traditional Rental Income: $2357 Airbnb ROI: -1.13% Traditional ROI: 2.66%
19111 19th St SW Lakebay, WA 19111 19th St SW, Lakebay, WA 98349 \| Single Family Residential	2 beds \| 1 baths \| 672 sq.ft.	$250,000	Airbnb cash on cash: 0.96% Traditional cash on cash: 4.99% Airbnb Rental Income: $1194 Traditional Rental Income: $1757 Airbnb ROI: 0.96% Traditional ROI: 4.99%
908 E Madrona Blvd NW Lakebay, WA 908 E Madrona Blvd NW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$49,000	Airbnb cash on cash: N/A Traditional cash on cash: 11.11% Airbnb Rental Income: $null Traditional Rental Income: $1096 Airbnb ROI: N/A Traditional ROI: 11.11%
623 208th Ave NW Lakebay, WA 623 208th Ave NW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$175,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.14% Airbnb Rental Income: $null Traditional Rental Income: $1111 Airbnb ROI: N/A Traditional ROI: 4.14%
2704 196th Ave SW Lakebay, WA 2704 196th Ave SW, Lakebay, WA 98349 \| Single Family Residential	3 beds \| 2 baths \| 1,584 sq.ft.	$450,000	Airbnb cash on cash: -0.36% Traditional cash on cash: 4.34% Airbnb Rental Income: $1182 Traditional Rental Income: $2773 Airbnb ROI: -0.36% Traditional ROI: 4.34%
1906 197th Ave SW Lakebay, WA 1906 197th Ave SW, Lakebay, WA 98349 \| Manufactured Home	3 beds \| 2 baths \| 1,628 sq.ft.	$449,950	Airbnb cash on cash: -0.35% Traditional cash on cash: 4.09% Airbnb Rental Income: $1182 Traditional Rental Income: $2667 Airbnb ROI: -0.35% Traditional ROI: 4.09%
1403 S Head Ave SW Lakebay, WA 1403 S Head Ave SW, Lakebay, WA 98349 \| Single Family Residential	2 beds \| 2 baths \| 2,210 sq.ft.	$1,195,000	Airbnb cash on cash: -1.33% Traditional cash on cash: 0.07% Airbnb Rental Income: $1194 Traditional Rental Income: $2364 Airbnb ROI: -1.33% Traditional ROI: 0.07%
414 Webb Rd SW Lakebay, WA 414 Webb Rd SW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$200,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.44% Airbnb Rental Income: $null Traditional Rental Income: $1119 Airbnb ROI: N/A Traditional ROI: 3.44%
0 0 Herron Rd NW Lakebay, WA 0 0 Herron Rd NW, Lakebay, WA 98349 \| Single Family Residential	4 beds \| 3 baths \| 2,922 sq.ft.	$1,025,000	Airbnb cash on cash: -0.83% Traditional cash on cash: 1.96% Airbnb Rental Income: $1642 Traditional Rental Income: $3841 Airbnb ROI: -0.83% Traditional ROI: 1.96%
120 184th Avenue Ct NW Lakebay, WA 120 184th Avenue Ct NW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$150,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.09% Airbnb Rental Income: $null Traditional Rental Income: $1106 Airbnb ROI: N/A Traditional ROI: 5.09%
1720 193rd Ave SW Lakebay, WA 1720 193rd Ave SW, Lakebay, WA 98349 \| Manufactured Home	3 beds \| 2 baths \| 1,248 sq.ft.	$395,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 3.86% Airbnb Rental Income: $1182 Traditional Rental Income: $2274 Airbnb ROI: -0.13% Traditional ROI: 3.86%
407 195th Ave SW Lakebay, WA 407 195th Ave SW, Lakebay, WA 98349 \| Manufactured Home	1 beds \| 1 baths \| 960 sq.ft.	$325,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 3.15% Airbnb Rental Income: $1232 Traditional Rental Income: $1656 Airbnb ROI: 0.47% Traditional ROI: 3.15%
19617 21st Street Ct SW Lakebay, WA 19617 21st Street Ct SW, Lakebay, WA 98349 \| Single Family Residential	3 beds \| 2 baths \| 1,346 sq.ft.	$480,000	Airbnb cash on cash: -0.45% Traditional cash on cash: 3.13% Airbnb Rental Income: $1182 Traditional Rental Income: $2407 Airbnb ROI: -0.45% Traditional ROI: 3.13%
2212 184th Ave SW Lakebay, WA 2212 184th Ave SW, Lakebay, WA 98349 \| Single Family Residential	3 beds \| 2 baths \| 1,940 sq.ft.	$700,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 2.26% Airbnb Rental Income: $1182 Traditional Rental Income: $2856 Airbnb ROI: -0.9% Traditional ROI: 2.26%
16456 Hoff Rd NW Lakebay, WA 16456 Hoff Rd NW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$235,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.54% Airbnb Rental Income: $null Traditional Rental Income: $1095 Airbnb ROI: N/A Traditional ROI: 2.54%
2303 197th Ave SW Lakebay, WA 2303 197th Ave SW, Lakebay, WA 98349 \| Single Family Residential	3 beds \| 2 baths \| 1,064 sq.ft.	$365,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 4.88% Airbnb Rental Income: $1182 Traditional Rental Income: $2460 Airbnb ROI: 0.02% Traditional ROI: 4.88%
819 E Madrona Blvd NW Lakebay, WA 819 E Madrona Blvd NW, Lakebay, WA 98349 \| Single Family Residential	2 beds \| 1 baths \| 801 sq.ft.	$375,000	Airbnb cash on cash: -1% Traditional cash on cash: 2.11% Airbnb Rental Income: $1194 Traditional Rental Income: $1900 Airbnb ROI: -1% Traditional ROI: 2.11%
19518 26th Street Ct SW Lakebay, WA 19518 26th Street Ct SW, Lakebay, WA 98349 \| Single Family Residential	4 beds \| 2 baths \| 1,837 sq.ft.	$545,000	Airbnb cash on cash: 0.12% Traditional cash on cash: 3.82% Airbnb Rental Income: $1642 Traditional Rental Income: $3063 Airbnb ROI: 0.12% Traditional ROI: 3.82%
917 Tiedman Rd NW Lakebay, WA 917 Tiedman Rd NW, Lakebay, WA 98349 \| Single Family Residential	4 beds \| 2 baths \| 3,174 sq.ft.	$999,900	Airbnb cash on cash: -0.81% Traditional cash on cash: 1.62% Airbnb Rental Income: $1642 Traditional Rental Income: $3437 Airbnb ROI: -0.81% Traditional ROI: 1.62%
2619 194th Ave SW Lakebay, WA 2619 194th Ave SW, Lakebay, WA 98349 \| Single Family Residential	3 beds \| 2 baths \| 1,207 sq.ft.	$444,900	Airbnb cash on cash: -0.33% Traditional cash on cash: 3.35% Airbnb Rental Income: $1182 Traditional Rental Income: $2330 Airbnb ROI: -0.33% Traditional ROI: 3.35%
1809 193rd Ave SW Lakebay, WA 1809 193rd Ave SW, Lakebay, WA 98349 \| Single Family Residential	1 beds \| 1 baths \| 964 sq.ft.	$219,000	Airbnb cash on cash: 1.52% Traditional cash on cash: 5.37% Airbnb Rental Income: $1232 Traditional Rental Income: $1636 Airbnb ROI: 1.52% Traditional ROI: 5.37%

Real Estate investment in Lakebay, WA

There are 47 properties for sale in the city of Lakebay . The median list price in Lakebay is $350,000 and the average price per square foot is $190. In December 2025, the average monthly cash on cash return in Lakebay is 3.00%. The average monthly rental income in Lakebay is $1,900.

Lakebay, WA Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 47 investment properties available for sale in Lakebay.

In 2025, the best neighborhood to buy investment property is Lakebay.

The ROI for Long-Term is higher than the Short-Term in Lakebay with average rental income of $1,900.

Your search for investment property begins and ends here

Investment Property for Sale in Lakebay, WA

1327 196th Avenue NW

Lakebay, WA

3 beds | 2 baths | 2,254 sq.ft.

$865,000

Airbnb cash on cash: -0.9%

Traditional cash on cash: 2.67%

Airbnb Rental Income: $1182

Traditional Rental Income: $3670

Airbnb ROI: -0.9%

Traditional ROI: 2.67%

821 174th Ave NW

Lakebay, WA

3 beds | 2 baths | 2,372 sq.ft.

$759,000

Airbnb cash on cash: -0.98%

Traditional cash on cash: 2.38%

Airbnb Rental Income: $1182

Traditional Rental Income: $3171

Airbnb ROI: -0.98%

Traditional ROI: 2.38%

809 W Herron Blvd NW

Lakebay, WA

N/A beds | N/A baths | N/A

$99,900

Airbnb cash on cash: N/A

Traditional cash on cash: 4.09%

Airbnb Rental Income: $null

Traditional Rental Income: $1030

Airbnb ROI: N/A

Traditional ROI: 4.09%

0 Tiedman Rd SW

Lakebay, WA

N/A beds | N/A baths | N/A

$117,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.47%

Airbnb Rental Income: $null

Traditional Rental Income: $1046

Airbnb ROI: N/A

Traditional ROI: 6.47%

919 Sanford Ave

Lakebay, WA

N/A beds | N/A baths | N/A

$95,000

Airbnb cash on cash: N/A

Traditional cash on cash: 8.32%

Airbnb Rental Income: $null

Traditional Rental Income: $1046

Airbnb ROI: N/A

Traditional ROI: 8.32%

1809 208th Ave SW

Lakebay, WA

N/A beds | N/A baths | N/A

$189,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.31%

Airbnb Rental Income: $null

Traditional Rental Income: $1046

Airbnb ROI: N/A

Traditional ROI: 3.31%

14817 24th St SW

Lakebay, WA

N/A beds | N/A baths | N/A

$238,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.25%

Airbnb Rental Income: $null

Traditional Rental Income: $1046

Airbnb ROI: N/A

Traditional ROI: 2.25%

1415 208th Ave SW

Lakebay, WA

N/A beds | N/A baths | N/A

$239,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.25%

Airbnb Rental Income: $null

Traditional Rental Income: $1046

Airbnb ROI: N/A