$289,000
Reduced $20,000 — was $309,000
406 Madrona Drive
Lakebay, WA 98349
Beds
1
Baths
1
Sq Ft
864
Lot
0.59 ac
Year built
1982
Type
Residential
Days listed
23
MLS #
2572099
About this home
Catch the ferry, watch the shoreline shrink behind you, and arrive somewhere most people don't even know is real. Herron Island is one of the last privately-owned islands in Puget Sound, home to a close community of just over 100 residents, where eagles wheel overhead, deer wander freely, and the noise of everyday life feels miles away. Spend your time at North Beach Park, the untouched shoreline of South Beach, or the quiet of Goodpastor Park. It's the kind of place visitors stumble upon and keep thinking about long after they leave. This 1-bedroom, 1-bath bungalow with a versatile bonus room sits on just over half an acre — one of the island's bigger buildable lots — and has already been upgraded with a complete kitchen and bathroom remodel plus brand-new appliances. The foundation for a mini homestead is in place too: a fenced, deer-proof garden bed where dahlias used to bloom, and a chicken coop waiting for its next flock. Keep it as a private getaway, list it as a rental when you're not around, or hang onto it as a launchpad for something larger later. HOA includes water. You'll reach the island via the community ferry, the Charlie Wells, a quick 10-minute ride that changes everything.
Interior features
Exterior features
Appliances
Schools
Elementary
Buyer To Verify
Middle
Key Peninsula Mid
High
Peninsula High
Property details
- Heating
- Ductless
- Cooling
- Ductless
- Flooring
- Laminate
- Parking
- Driveway, Off Street
- Water source
- Community
- Sewer
- Septic Tank
- Levels
- Two
- Fireplaces
- 1
Costs
- Price / sq ft
- $334
- Annual taxes
- $2,131 (2025)
- HOA dues
- $315 / monthly
Estimate your monthly payment
$1,954/mo
- Principal & interest
- $1,461
- Property taxes
- $178
- HOA dues
- $315
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 Morrison House Sotheby's Intl— Christopher Floyd.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.