All homes

$319,000

Reduced $60,000 — was $379,000

402 Madrona Boulevard

Lakebay, WA 98349

Active
Partial viewSee Remarks viewTerritorial view

Beds

2

Baths

2

Sq Ft

1,467

Lot

0.61 ac

Year built

1975

Type

Residential

Days listed

189

MLS #

2492798

About this home

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!!

Interior features

Bath Off PrimaryDbl Pane/Storm WindowLoftWalk-In Closet(s)Water Heater

Exterior features

WoodWood Products

Appliances

DishwasherDryerRefrigeratorStove(s)/Range(s)Washer

Schools

Elementary

Evergreen Elem

Middle

Key Peninsula Mid

High

Peninsula High

Property details

Heating
Baseboard, Wall Furnace
Cooling
None
Flooring
Vinyl, Carpet
Parking
Driveway, Off Street, RV Parking
View
Partial, See Remarks, Territorial
Water source
Community
Sewer
Septic Tank
Style
Cabin
Levels
One

Costs

Price / sq ft
$217
Annual taxes
$3,681 (2026)
HOA dues
$1,880 / semi-annually

Estimate your monthly payment

$2,076/mo

Principal & interest
$1,613
Property taxes
$307
HOA dues
$157
Loan amount $255,200

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Lakebay, WA 98349

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Better Properties Gig Harbor— Karen D. Dorans.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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