$309,000
 $1,659 est/mo Sourced by Back At You

406 E Madrona Drive,Lakebay, WA 98349

Lakebay, WA 98349

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Description

Board the ferry, watch the mainland fade into the distance, and step onto a place most people never even know exists. Herron Island is one of Puget Sound's last private islands, a tight-knit community of just over 100 neighbors where eagles circle overhead, deer roam at will, and the rest of the world genuinely feels far away. Fill your days at North Beach Park, along the natural shoreline of South Beach, or relaxing at Goodpastor Park. It's the kind of island people stumble onto and can't stop thinking about afterward. This 1-bedroom, 1-bath bungalow with a bonus room sits on just over half an acre, one of the island's larger buildable lots, and has been thoughtfully improved with a full gut renovation of the kitchen and bathroom plus all-new appliances. The groundwork for a little homestead is already here: a deer-proof, fenced garden area where dahlias once flourished, and a chicken coop ready for new tenants. Use it as your personal escape, rent it out while you're away, or hold onto it and build something bigger down the road. HOA covers water. Access is via the community ferry, the Charlie Wells, a 10-minute crossing that makes all the difference. Step off the ferry and you'll pass a general store currently under construction, close enough that your ice cream won't have a chance to melt.

Details

MLS #2572099
Listing TypeFor Sale
StyleHouse
HOA Dues$315
Sub-TypeResale
StatusActive
Year1982
Days On Site11
Listing Provided ByMorrison House Sotheby's Intl | Christopher Floyd

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet864
Story(s)2
ZoningR10
Acreage0.59

Taxes

Property2131

Area Information

StateWA
CountyPierce
CityLakebay
Zip Code98349
Area4 Key Peninsula South
Community NameHerron Island
School DistrictPeninsula High
Elementary SchoolBuyer To Verify
High SchoolPeninsula High
Listing VS Median (in Herron Island)
Price:
$309,000
low | high
Med:
$339,450
40.145631067961% of Average
sqft:
864
low | high
Med:
1,213
9.606481481481% of Average
$ / sqft:
$358
low | high
Med:
$286
70.102273532576% of Average
On site:
11
low | high
Med:
88.5
12.429378531073% of Average
Sourced by Back At You

Market Activity 98349

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Learn More About This Property

StateWA
CountyPierce
CityLakebay
Zip Code98349
Area4 Key Peninsula South
Community NameHerron Island
School DistrictPeninsula High
Elementary SchoolBuyer To Verify
High SchoolPeninsula High
Listing VS Median (in Herron Island)
Price:
$309,000
low | high
Med:
$339,450
40.145631067961% of Average
sqft:
864
low | high
Med:
1,213
9.606481481481% of Average
$ / sqft:
$358
low | high
Med:
$286
70.102273532576% of Average
On site:
11
low | high
Med:
88.5
12.429378531073% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $231K - $386K
sqft: 648 - 1,000
Nearby Listings Property ImageNearby Listings Details
711 E Herron Boulevard Property Photo 1
$389,900
711 E Herron Boulevard
Lakebay, WA 98349
Listing Updated: August 22, 2026 at 4:11:12 AM PDT