Rare opportunity to own a waterfront property in the heart of Lakebay with stunning views of Delano Bay, Carr Inlet, Puget Sound and majestic Mt Rainier. Follow the steps leading to your own beach with 8x16 dock, waterfront patio and firepit area. There are 4 lots total (1.03 acres), the 2 waterfront lots feature the home and approximately 120 feet of waterfront. Built in 1974, this well built rambler with basement offers 2,800 sq ft of living space with 3 bedrooms and 3 baths. On the main floor you'll find the kitchen, dining and living rooms and access to the private deck showcasing breathtaking views. The primary suite features a walk-in closet and private bath. The main floor also includes a second bedroom and full bath. The lower level has its own entrance for added privacy, an office, bedroom with a large dressing room/closet, a 3/4 bath and laundry area. The huge bonus room leads out to the paver patio. Oversized 2 car garage, plus don't miss the 16x28 flex space off of the garage; use for storage/shop/hobby room, make it your own! Partially fenced with greenhouse and outbuilding. Plenty of room for an RV. The other 2 lots are across the street where you'll find another greenhouse, a storage shed, detached carport, plus a flat grassy area. Surrounded by mature forest, the setting offers privacy and abundant wildlife. Waterfront homes in this area rarely become available, making this an exceptional opportunity!