$319,000
Reduced $60,000 — was $379,000
402 Madrona Boulevard
Lakebay, WA 98349
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
Exterior features
Appliances
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
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.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.