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.	$880,000	Airbnb cash on cash: -0.55% Traditional cash on cash: 2.6% Airbnb Rental Income: $1531 Traditional Rental Income: $3670 Airbnb ROI: -0.55% Traditional ROI: 2.6%
821 174th Ave NW Lakebay, WA 821 174th Ave NW, Lakebay, WA 98349 \| Single Family Residential	3 beds \| 2 baths \| 2,372 sq.ft.	$789,000	Airbnb cash on cash: -0.62% Traditional cash on cash: 2.21% Airbnb Rental Income: $1531 Traditional Rental Income: $3171 Airbnb ROI: -0.62% Traditional ROI: 2.21%
19602 Herron Rd NW Lakebay, WA 19602 Herron Rd NW, Lakebay, WA 98349 \| Single Family Residential	4 beds \| 2 baths \| 2,112 sq.ft.	$975,000	Airbnb cash on cash: -0.89% Traditional cash on cash: 1.04% Airbnb Rental Income: $1513 Traditional Rental Income: $2826 Airbnb ROI: -0.89% Traditional ROI: 1.04%
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%
17227 4th Ave NW Lakebay, WA 17227 4th Ave NW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$144,999	Airbnb cash on cash: N/A Traditional cash on cash: 4.9% Airbnb Rental Income: $null Traditional Rental Income: $1046 Airbnb ROI: N/A Traditional ROI: 4.9%
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%
216 Cornwall Rd NW Lakebay, WA 216 Cornwall Rd NW, Lakebay, WA 98349 \| Single Family Residential	3 beds \| 2 baths \| 2,122 sq.ft.	$1,074,000	Airbnb cash on cash: -0.98% Traditional cash on cash: 0.94% Airbnb Rental Income: $1531 Traditional Rental Income: $3000 Airbnb ROI: -0.98% Traditional ROI: 0.94%
409 Bergeson Rd SW Lakebay, WA 409 Bergeson Rd SW, Lakebay, WA 98349 \| Manufactured Home	3 beds \| 2 baths \| 1,318 sq.ft.	$489,000	Airbnb cash on cash: 0.2% Traditional cash on cash: 2.61% Airbnb Rental Income: $1531 Traditional Rental Income: $2189 Airbnb ROI: 0.2% Traditional ROI: 2.61%
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%
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%
913 E Herron Blvd NW Lakebay, WA 913 E Herron Blvd, Lakebay, WA 98349 \| Single Family Residential	3 beds \| 1 baths \| 1,920 sq.ft.	$575,000	Airbnb cash on cash: -0.76% Traditional cash on cash: 1.32% Airbnb Rental Income: $1531 Traditional Rental Income: $2203 Airbnb ROI: -0.76% Traditional ROI: 1.32%
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: -1.84% Traditional cash on cash: -1.32% Airbnb Rental Income: $1513 Traditional Rental Income: $4913 Airbnb ROI: -1.84% 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%
19308 22nd Street Ct SW Lakebay, WA 19308 22nd Street Ct SW, Lakebay, WA 98349 \| Manufactured Home	3 beds \| 2 baths \| 1,504 sq.ft.	$435,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 3.75% Airbnb Rental Income: $1531 Traditional Rental Income: $2444 Airbnb ROI: 0.42% Traditional ROI: 3.75%
22415 S Herron Blvd NW Lakebay, WA 22415 S Herron Blvd NW, Lakebay, WA 98349 \| Single Family Residential	3 beds \| 3 baths \| 2,860 sq.ft.	$637,500	Airbnb cash on cash: -0.9% Traditional cash on cash: 2.76% Airbnb Rental Income: $1531 Traditional Rental Income: $3263 Airbnb ROI: -0.9% Traditional ROI: 2.76%
711 E Herron Blvd NW Lakebay, WA 711 E Herron Blvd NW, Lakebay, WA 98349 \| Single Family Residential	2 beds \| 1 baths \| 894 sq.ft.	$399,900	Airbnb cash on cash: -0.73% Traditional cash on cash: 1.68% Airbnb Rental Income: $1316 Traditional Rental Income: $1811 Airbnb ROI: -0.73% Traditional ROI: 1.68%
19516 26th Street Ct SW Lakebay, WA 19516 26th Street Ct SW, Lakebay, WA 98349 \| Single Family Residential	2 beds \| 1 baths \| 1,300 sq.ft.	$365,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 2.89% Airbnb Rental Income: $1316 Traditional Rental Income: $1779 Airbnb ROI: 0.34% Traditional ROI: 2.89%
19 xx "F" St NW Lakebay, WA 174 xx 4th Ave NW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$75,000	Airbnb cash on cash: N/A Traditional cash on cash: 10.91% Airbnb Rental Income: $null Traditional Rental Income: $1046 Airbnb ROI: N/A Traditional ROI: 10.91%
411 208th Ave NW Lakebay, WA 411 208th Ave NW, Lakebay, WA 98349 \| Other	N/A beds \| N/A baths \| N/A	$125,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.95% Airbnb Rental Income: $null Traditional Rental Income: $1046 Airbnb ROI: N/A Traditional ROI: 5.95%
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.	$1,150,000	Airbnb cash on cash: -1.06% Traditional cash on cash: 1.22% Airbnb Rental Income: $1513 Traditional Rental Income: $3504 Airbnb ROI: -1.06% Traditional ROI: 1.22%
16617 Delano Rd SW Lakebay, WA 16617 Delano Rd SW, Lakebay, WA 98349 \| Single Family Residential	3 beds \| 2 baths \| 1,826 sq.ft.	$990,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 0.83% Airbnb Rental Income: $1531 Traditional Rental Income: $2673 Airbnb ROI: -0.9% Traditional ROI: 0.83%
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%
2016 192nd Avenue Ct SW Lakebay, WA 2016 192nd Avenue Ct SW, Lakebay, WA 98349 \| Single Family Residential	2 beds \| 1 baths \| 1,280 sq.ft.	$355,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 3.07% Airbnb Rental Income: $1316 Traditional Rental Income: $1792 Airbnb ROI: 0.42% Traditional ROI: 3.07%
17226 17th Street Ct SW Lakebay, WA 17226 17th Street Ct 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: 3.05% Airbnb Rental Income: $null Traditional Rental Income: $1046 Airbnb ROI: N/A Traditional ROI: 3.05%
822 E Herron Blvd Lakebay, WA 822 E Herron Blvd, Lakebay, WA 98349 \| Single Family Residential	2 beds \| 2 baths \| 962 sq.ft.	$399,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 2.28% Airbnb Rental Income: $1316 Traditional Rental Income: $2019 Airbnb ROI: -0.69% Traditional ROI: 2.28%
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: -1.27% Traditional cash on cash: 0.65% Airbnb Rental Income: $1316 Traditional Rental Income: $2160 Airbnb ROI: -1.27% Traditional ROI: 0.65%
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.	$485,000	Airbnb cash on cash: 0.19% Traditional cash on cash: 3.69% Airbnb Rental Income: $1513 Traditional Rental Income: $2662 Airbnb ROI: 0.19% Traditional ROI: 3.69%
2416 205th Ave SW Lakebay, WA 2416 205th Ave SW, Lakebay, WA 98349 \| Manufactured Home	3 beds \| 2 baths \| 1,440 sq.ft.	$399,950	Airbnb cash on cash: 0.61% Traditional cash on cash: 4.03% Airbnb Rental Income: $1531 Traditional Rental Income: $2369 Airbnb ROI: 0.61% Traditional ROI: 4.03%
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: -0.42% Traditional cash on cash: 2.66% Airbnb Rental Income: $1531 Traditional Rental Income: $2357 Airbnb ROI: -0.42% 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.	$274,900	Airbnb cash on cash: 1.17% Traditional cash on cash: 4.45% Airbnb Rental Income: $1316 Traditional Rental Income: $1757 Airbnb ROI: 1.17% Traditional ROI: 4.45%
210 Tiedeman Rd NW Lakebay, WA 210 Tiedeman Rd NW, Lakebay, WA 98349 \| Single Family Residential	4 beds \| 2 baths \| 1,582 sq.ft.	$549,999	Airbnb cash on cash: -0.07% Traditional cash on cash: 3.2% Airbnb Rental Income: $1513 Traditional Rental Income: $2751 Airbnb ROI: -0.07% Traditional ROI: 3.2%
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%
2106 Lake Dr SW Lakebay, WA 2106 Lake Dr SW, Lakebay, WA 98349 \| Single Family Residential	3 beds \| 2 baths \| 1,664 sq.ft.	$389,000	Airbnb cash on cash: 0.75% Traditional cash on cash: 4.9% Airbnb Rental Income: $1531 Traditional Rental Income: $2600 Airbnb ROI: 0.75% Traditional ROI: 4.9%
821 153rd Ave SW Lakebay, WA 821 153rd Ave SW, Lakebay, WA 98349 \| Single Family Residential	2 beds \| 1 baths \| 2,600 sq.ft.	$425,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 2.18% Airbnb Rental Income: $1316 Traditional Rental Income: $1745 Airbnb ROI: 0.07% Traditional ROI: 2.18%
15521 20th St SW Lakebay, WA 15521 20th St 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%
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: 0.22% Traditional cash on cash: 4.01% Airbnb Rental Income: $1531 Traditional Rental Income: $2773 Airbnb ROI: 0.22% Traditional ROI: 4.01%

Real Estate investment in Lakebay, WA

There are 47 properties for sale in the city of Lakebay . The median list price in Lakebay is $377,000 and the average price per square foot is $200. In October 2025, the average monthly cash on cash return in Lakebay is 3.00%. The average monthly rental income in Lakebay is $1,786.

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 Short-Term is higher than the Long-Term in Lakebay with average rental income of $1,522.

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.

$880,000

Airbnb cash on cash: -0.55%

Traditional cash on cash: 2.6%

Airbnb Rental Income: $1531

Traditional Rental Income: $3670

Airbnb ROI: -0.55%

Traditional ROI: 2.6%

821 174th Ave NW

Lakebay, WA

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

$789,000

Airbnb cash on cash: -0.62%

Traditional cash on cash: 2.21%

Airbnb Rental Income: $1531

Traditional Rental Income: $3171

Airbnb ROI: -0.62%

Traditional ROI: 2.21%

19602 Herron Rd NW

Lakebay, WA

4 beds | 2 baths | 2,112 sq.ft.

$975,000

Airbnb cash on cash: -0.89%

Traditional cash on cash: 1.04%

Airbnb Rental Income: $1513

Traditional Rental Income: $2826

Airbnb ROI: -0.89%

Traditional ROI: 1.04%

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%

17227 4th Ave NW

Lakebay, WA

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

$144,999

Airbnb cash on cash: N/A

Traditional cash on cash: 4.9%

Airbnb Rental Income: $null

Traditional Rental Income: $1046

Airbnb ROI: N/A

Traditional ROI: 4.9%

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%

216 Cornwall Rd NW

Lakebay, WA

3 beds | 2 baths | 2,122 sq.ft.

$1,074,000

Airbnb cash on cash: -0.98%

Traditional cash on cash: 0.94%

Airbnb Rental Income: $1531

Traditional Rental Income: $3000

Airbnb ROI: -0.98%