Listing provided courtesy of Better Properties Gig HarborNWMLSas Distributed by MLSGrid- MLS# NWM2492798
Images
Request Info402 E Madrona Boulevard NWLakebay, WA 98349
Single Family · 2 Beds · 1 Full Bath · 1 Three Quarter Bath · 1,467 Sq. ft. | 0.61 Acres$349,000
Active
402 E Madrona Boulevard NW Overview
- Visits:
- 0
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!!
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
402 E Madrona Boulevard NW Facts & Features
- Type Single Family
- Sq. ft. 1,467
- Price/Sq.ft. $238
- Lot 0.61 Acres
Details
General
Association/HOA
- Association Fee: $1,880.00
- Association Fee Frequency: Semi-Annually
- Association Fee Includes: Common Area Maintenance, Road Maintenance
School Information
- School District: Peninsula
- Elementary School: Evergreen Elem
- Middle Or Junior School: Key Peninsula Mid
- High School: Peninsula High
Building Information
- Building Name: Herron Island Div # 5
- New Construction: No
- Year Built: 1975
Location/Region
- Country: US
- County Or Parish: Pierce
- MLS Area Major: 4 - Key Peninsula South
- Subdivision Name: Herron Island
Community/Development
- Community Features: Athletic Court, Boat Launch, Park, Playground, Trail(s)
Rent/Lease Information
- Land Lease: No
Tax Information
- Tax Annual Amount: $3,681.46
- Tax Year: 2026
General Information
- Inclusions: Dishwasher(s), Dryer(s), Leased Equipment, Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Listing Terms: Cash, Conventional, FHA, VA Loan
- Parcel Number: 4450500631
- Property Condition: Average
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Senior Community: No
- Special Listing Conditions: None
Interior
Building Information
- Building Information: Built On Lot,Detached
Beds/Baths
- Bathrooms Full: 1
- Bathrooms Half: 0
- Bathrooms Three Quarter: 1
- Bathrooms Total: 2
- Bedrooms Total: 2
Building Interior
- Appliances Included: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Building Area Total: 1467
- Building Area Units: Square Feet
- Calculated Square Footage: 1467
- Square Footage Finished: 1467
General Information
- Appliances: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer
- Basement: None
- Cooling: No
- Entry Location: Main
- Fireplace: No
- Fireplaces Total: 0
- Flooring: Vinyl, Carpet
- Heating: Yes
- Interior Features: Bath Off Primary, Dbl Pane/Storm Window, Loft, Walk-In Closet(s), Water Heater
- Levels: One
- Living Area: 1467
- Main Level Bathrooms: 2
- Main Level Bedrooms: 2
- Power Production Type: Electric
- Security Features: Partially Fenced
Exterior
Parking Information
- Open Parking: No
- Parking Features: Driveway, Off Street, RV Parking
- Parking Total: 2
- Parking Uncovered Total: 2
Lot Information
- Irrigation Water Rights: No
- Lot Size Acres: 0.6128
- Lot Size Dimensions: 195x148x116x154
- Lot Size Square Feet: 26693
- Lot Size Units: Square Feet
- Site Features: Deck, Fenced-Partially, Outbuildings, Propane, RV Parking
- Topography: Level
- Vegetation: Fruit Trees,Garden Space
- Elevation Units: Feet
- Water Source: Community
Waterfront/View
- Waterfront: No
Building Exterior/Construction
- Attached Garage: No
- Direction Faces: East
- Roof: Composition
- Structure Type: House
General Information
- Carport: No
- Covered Spaces: 0
- Exterior Features: Wood, Wood Products
- Sewer: Septic Tank
Room Information
Room: Bathroom Full
- Level: Main
Room: Bathroom Three Quarter
- Level: Main
Room: Bedroom
- Level: Main
Room: Entry Hall
- Level: Main
Room: Extra Fin Room
- Level: Main
Room: Kitchen With Eating Space
- Level: Main
Room: Living Room
- Level: Main
Room: Primary Bedroom
- Level: Main
402 E Madrona Boulevard NW Neighborhood
Community
98349 (Lakebay) Demographics
42
Median Age
121
Population Density (per sq. mile)
34%
College Educated
$73,308
Estimated Median Income
1,802
Estimated Total Home Owners
258
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.402 E Madrona Boulevard NW Monthly Cost
402 E Madrona Boulevard NW Market Data
Based on the last 30 days in this zip code
$637,771
Average List Price
$341
Average Price per Square Foot
8
Properties Sold
81
Average Days on Market
56
Properties for Sale
402 E Madrona Boulevard NW History
| Date | Value | Agent |
|---|---|---|
| 5/1/2026Source: NWMLS | $349,000 -7.9% |
|
| 3/14/2026Source: NWMLS | March 14, 2026 |