Property Details
406 E Madrona Boulevard NW
Lakebay, WA 98349
$309,000
Active
Schedule a Tour
Select your date preference
Request More Info
1 / 28
About This Home
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.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Pierce
Neighborhood
Herron Island
Listed
Feb 19, 2026
Original Price
$317,000
Structure Type
House
Parcel Number
4450500661
Tax & HOA
Annual Property Tax
$2,131 (2025)
Est. Monthly Tax
$178/mo
HOA Fee
$315/monthly
HOA Includes
Road Maintenance, See Remarks, Water
Interior Features
Bedrooms
1
Bathrooms
1.0
Living Area
864 sq ft
Basement
None
Entry Level
Main
Interior Features
Fireplace
Exterior & Lot
Lot Size
0.59 sqft
Year Built
1982
Exterior Materials
Wood
Parking
Driveway, Off Street
Sewer
Septic Tank
Water Source
Community
Exterior Features
Wood
Community & Access
Community Features
Boat Launch, CCRs, Club House, Park, Playground
Directions
When you get off the ferry, follow Ferry St NW to E Madrona Blvd NW and go left – follow to address.
Location
City
Lakebay
County
Pierce
Coordinates
47.26163, -122.83524
Schools
School District
Peninsula
Elementary School
Buyer To Verify
Middle School
Key Peninsula Mid
High School
Peninsula High
HOA / Association
HOA Fee
$315 / Monthly
HOA Includes
Road Maintenance, See Remarks, Water
Additional Information
Tax Year
2025
Annual Taxes
$2,131
Possession
Array
Community Features
Boat Launch, CCRs, Club House, Park, Playground
Inclusions
Dishwasher(s),Dryer(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of July 3, 2026 4:45 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
