Imagine mornings looking at Mt. Rainier & evenings gathered around the fire at your own private beach. Rare Lakebay property offers 120' of waterfront and sweeping views across Delano Bay, Carr Inlet, and Puget Sound. Follow steps to water where an 8x16 dock, waterfront patio, and firepit area create an unforgettable setting for boating, kayaking, entertaining, and peaceful NW living. 4 lots totaling 1.03 acres provide exceptional space, privacy, and flexibility. 2 waterfront lots include a 1974 rambler with basement offering approximately 2,800'-3 bedrooms/3 bathrooms. Main level offers kitchen, dining, living areas with access to view deck, primary suite with WIC and bath, 2nd bedroom and full bath. Lower level has separate entrance and office, bedroom with large dressing rm/closet, .75 bath, laundry, expansive family rm opening to paver patio. Flexible layout appeals to multigenerational living, extended guests or buyers wishing to explore vacation-rental or other income-producing possibilities, subject to buyer verification. Other features are oversized two-car garage, 16x28 flex rm, greenhouse, outbuilding, and RV parking. Across the street, 2 additional lots, detached carport, storage shed, greenhouse, and level grassy area. Surrounded by mature trees and abundant wildlife, peaceful waterfront retreat feels worlds and offers remarkable versatility as a full-time residence, private getaway, multigenerational retreat, or investment opportunity. Waterfront properties with land, frontage, and flexibility rarely become available.