8.5+ acres of possibility in one of the Key Peninsula's most peaceful settings. Tucked away in Lakebay near Bay Lake, this exceptional parcel offers the rare combination of privacy, usable acreage, and significant due diligence already completed. Power is available at the paved road, a 3-bedroom septic design is pending approval, and a wetland delineation exhibit has been completed—helping you move one step closer to bringing your vision to life. Whether you're dreaming of a custom estate, hobby farm, shop, or simply room to spread out, this property delivers the space and flexibility that's becoming increasingly difficult to find. No HOA, no crowded neighborhoods—just 8.5 acres of affordable Pacific Northwest beauty waiting for what's next.