Views
Address
402 E Madrona Boulevard Nw, Lakebay, WA
Price
$ 319,000
Property Attributes
- ID#2492798
- TypeSingle Family
- CountyPIERCE
- CityLakebay
- AreaKey Peninsula South
- NeighborhoodHerron Island
- Zip98349
- StyleCabin
- Year Built1975
- Taxes$ 3681
- Price$ 319,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1467
- Lot Size0.6128 Acres
Data Source:
Northwest Multiple Listing Service (NWMLS)
Property Description
Slow down, you’ve made it to Herron Island — a private island community where life moves to the rhythm of the water, and the ferry ride on the Charlie Wells becomes part of your daily unwind. This single-level cabin, just shy of 1,500 square feet, offers easy, comfortable living with 2 bedrooms and 2 baths. The primary suite is spacious and filled with natural light, complete with its own ensuite bath (including washer/dryer plus walk-in closet. The second bedroom is generously sized for guests, hobbies, or quiet retreat. The heart of the home is the open living area that flows into the kitchen and dining space — perfect for slow mornings with coffee or relaxed evenings after a day on the beach. A small office nook makes working remotely feel a little less like work. Upstairs, a loft storage area keeps things practical, while the enclosed porch (not included in the square footage) invites you to linger a little longer with a book or a glass of wine. Set on a level 0.61-acre lot, there’s room to dream — a future garage, workshop, garden, or simply wide-open space to enjoy the privacy and peace that island living brings. The cabin could use some updating, but it’s completely livable as-is — giving you the chance to settle in first and make it your own over time. If you’ve been craving a place where weekends stretch longer and the mainland feels a world away, this might be it. Enjoy community features such as the beaches, trails, boat launch, seasonal boat docks & more!!
| Elementary School | Middle School | High School |
|---|---|---|
| Evergreen Elem | Key Peninsula Mid | Peninsula High |
| Price History | |
|---|---|
| 3/15/2026 | Listed $379,000 |
| 5/1/2026 | 8$349,000 |
| 7/4/2026 | 9$319,000 |
General Features
| Living Area | 1467 |
|---|---|
| Sewer | Septic Tank |
| Heating | Baseboard,Wall Furnace |
| Cooling | None |
| Possession | Closing |
| Roof | Composition |
| Appliances | Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Washer |
| HOA Fee | 1880 |
| Association Fee Includes | Common Area Maintenance,Road Maintenance |
| Architectural Style | Cabin |
| Security Features | Partially Fenced |
| Year Built | 1975 |
| View | Partial,See Remarks,Territorial |
| Topography | Level |
| Levels | One |
| Property Subtype | Single Family Residence |
| Tax Year | 2026 |
| Community Features | Athletic Court,Boat Launch,Park,Playground,Trail(s) |
| Building Name | Herron Island Div # 5 |
| Assoc Fee Paid Per | Semi-Annually |
| County | Pierce |
| New Construction | No |
| Property Type | Residential |
| HOA | Yes |
| Attached Garage | No |
| Subdivision Name | Herron Island |
| Facing Direction | East |
| Full Baths | 1 |
| Special Listing Conditions | None |
| Status | Active |
| Directions | Hwy 16,Purdy exit. Key Peninsula Hwy to the town of Home,turn R (immediately after USPS) on Herron Road follow 3 miles to the ferry. Off island,up hill,stay L,take 2nd left then first L. |
| High School | Peninsula High |
| City | Lakebay |
| Entry Location | Main |
| Senior Community Y/N | No |
| High School District | Peninsula |
| MLS Area | 4 - Key Peninsula South |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 26693 |
| Carport Y/N | No |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Elementary School | Evergreen Elem |
| Land Lease Y/N | No |
| Tax Annual Amount | 3681.46 |
| Middle/Junior High School | Key Peninsula Mid |
| Property Condition | Average |
| Public Remarks | Slow down,youve made it to Herron Island a private island community where life moves to the rhythm of the water,and the ferry ride on the Charlie Wells becomes part of your daily unwind. This singl |
| Structure Type | House |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Water Company | Herron Island Water |
| Property Style | 10 - 1 Story |
| NWM_ShowMapLink | Yes |
Interior Features
| Interior Amenities | Bath Off Primary,Dbl Pane/Storm Window,Loft,Walk-In Closet(s),Water Heater |
|---|---|
| Basement | None |
| Flooring | Vinyl,Carpet |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| 3/4 Baths | 1 |
| Total Bedrooms | 2 |
| Main Level Bedrooms | 2 |
| Total Baths | 2 |
| Water Heater Type | Electric |
| Water Heater Location | Kitchen cupboard |
| Power Production Type | Electric |
| Baths Three Quarter Main | 1 |
| Baths Full Main | 1 |
| Bathrooms | 1.75 |
Exterior Features
| Exterior Amenities | Wood,Wood Products |
|---|---|
| Vegetation | Fruit Trees,Garden Space |
| Parking Features | Driveway,Off Street,RV Parking |
| Water Source | Community |
| Total Parking | 2 |
| Inclusions | Dishwasher(s),Dryer(s),Leased Equipment,Refrigerator(s),Stove(s)/Range(s),Washer(s) |
| Building Area Total | 1467 |
| Lot Dimensions | 195x148x116x154 |
| Lot Size Acres | 0.6128 |
| Waterfront Y/N | No |
| Irrigation Water Rights Y/N | No |
| Site Features | Deck,Fenced-Partially,Outbuildings,Propane,RV Parking |
| Parking Uncovered Total | 2 |
| Lot Number | 34 & 35 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 98349
Price
Taxes
Year Built
Visits
In The Neighborhood
Reduced
Lakebay
$ 289,000
- Type
- Single Family | Active
- Size
- 864 SqFt
- Rooms
- 1 Beds + 1 Baths
Listed by: Morrison House Sotheby's Intl
Water Views
Lakebay
$ 495,000
- Type
- Single Family | Active
- Size
- 1,220 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Better Properties Gig Harbor
Water Views
Lakebay
$ 321,500
- Type
- Single Family | Active
- Size
- 1,276 SqFt
- Rooms
- 2 Beds + 2 Baths
Listed by: Better Properties Gig Harbor
Waterfront
Lakebay
$ 425,000
- Type
- Single Family | Contingent
- Size
- 600 SqFt
- Rooms
- 2 Beds + 1 Baths
Listed by: Windermere Prof Partners
Reduced
Lakebay
$ 209,900
- Type
- Single Family | Active
- Size
- 801 SqFt
- Rooms
- 2 Beds + 1 Baths
Listed by: Amo Realty
Reduced
Lakebay
$ 349,900
- Type
- Single Family | Active
- Size
- 1,056 SqFt
- Rooms
- 3 Beds + 2 Baths
Listed by: Better Properties Gig Harbor
Reduced
Lakebay
$ 389,900
- Type
- Single Family | Active
- Size
- 894 SqFt
- Rooms
- 2 Beds + 1 Baths
Listed by: Better Properties Gig Harbor
Reduced
Lakebay
$ 180,000
- Type
- Single Family | Active
- Size
- 326 SqFt
- Rooms
- 0 Beds + 0 Baths
Listed by: Keller Williams Realty PS
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLSTM of Portland, Oregon. Real estate listings held by brokerage firms other than Weichert, Realtors® - Equity Nw - Vancouver are marked with the RMLSTM logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLSTM, Portland, Oregon.
This content last updated on September 25, 2026 6:34 PM UTC at 4 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
