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402 E Madrona Boulevard NW

Lakebay, WA 98349
  • $349,000
  • STATUS: Active
  • MLS #: 2492798
$349,000
  • 2
    BEDS
  • 0.61
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,467
    SQFT
  • $238
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1975
County:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Better Properties Gig Harbor.
Mortgage Calculator is provided by BoomTown.

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!!

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Tri-Cities Realty Group, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-05-19T00:15:33.23. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-05-19T00:15:33.23. 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.

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402 E Madrona Boulevard NW Lakebay, WA 98349

  • Price: $349,000
  • Status: Active
  • On Site: Days
  • MLS #: 2492798
2
Beds
2
Baths
0
½ Baths
0.61
Acres
1,467
SQFT
$238
$/SQFT
1975
Built
Neighborhood:
Herron Island
County:
Pierce
Area:
4 - Key Peninsula South
Elementary School:
Evergreen Elem
Middle School:
Key Peninsula Mid
High School:
Peninsula High
School District:
Peninsula
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!!
Exterior Features

Attached Garage YN No Carport YN No Covered Spaces 0 Entry Location Main Exterior Features WoodWood Products Levels One Lot Size Dimensions 195x148x116x154 Open Parking YN No Parking Features DrivewayOff StreetRV Parking Parking Total 2 Roof Composition Structure Type House Style Code 10 - 1 Story Topography Level Vegetation Fruit TreesGarden Space View PartialSee RemarksTerritorial View YN Yes Water Access Community Waterfront/Pvt Beach Waterfront YN No

Interior Features

Appliances DishwasherDryerRefrigeratorStove(s)/Range(s)Washer Appliances Included Dishwasher(s)Dryer(s)Refrigerator(s)Stove(s)/Range(s)Washer(s) Basement None Baths Full Main 1 Baths Three Quarter Main 1 Building Area Total 1467 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring VinylCarpet Heating BaseboardWall Furnace Heating YN Yes Interior Features Bath Off PrimaryDbl Pane/Storm WindowLoftWalk-In Closet(s)Water Heater Living Area 1467 Main Level Bedrooms 2 Rooms Entry Hall (Main Level) Extra Fin Room (Main Level) Kitchen With Eating Space (Main Level) Living Room (Main Level) Primary Bedroom (Main Level) Bathroom Full (Main Level) Bathroom Three Quarter (Main Level) Bedroom (Main Level) Square Footage Finished 1467

Property Features

Association Fee 1880 Association Fee Frequency Semi-Annually Association Fee Includes Common Area MaintenanceRoad Maintenance Association YN Yes Building Information Built On LotDetached Building Name Herron Island Div # 5 Bus Line Nearby No Community Features Athletic CourtBoat LaunchParkPlaygroundTrail(s) Direction Faces East Down Payment Resource YN Yes Energy Source Electric FIRPTAYN No First Right Of Refusal No Inclusions Dishwasher(s)Dryer(s)Leased EquipmentRefrigerator(s)Stove(s)/Range(s)Washer(s) Irrigation Water Rights YN No Land Lease YN No Leased Equipment Propane Tank Listing Terms CashConventionalFHAVA Loan Lot Number 34 & 35 New Construction YN No Possession Closing Power Company Peninsula Light Power Production Type Electric Property Condition Average Property Sub Type Single Family Residence Security Features Partially Fenced Senior Community YN No Senior Exemption No Sewer Septic Tank Sewer Company Septic Short Term Rental YN Yes Site Features DeckFenced-PartiallyOutbuildingsPropaneRV Parking Special Listing Conditions None Tax Annual Amount 3681.46 Tax Year 2026 Water Company Herron Island Water Water Heater Location Kitchen cupboard Water Heater Type Electric Water Source Community Year Built Effective 1998 Zoning Jurisdiction County

MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Tri-Cities Realty Group, LLC are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-05-19T00:15:33.23. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-05-19T00:15:33.23. 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.

Digital Millennium Copyright Act
 
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Logo
Tri-Cities Realty Group, LLC
1919 N 20th Ave
Pasco WA, 99301
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Better Properties Gig Harbor.
Mortgage Calculator is provided by BoomTown.