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← Back to search results/Lakebay, WA/1321 E Madrona Boulevard NW
1 / 39SOLD JAN 16, 2026
Listed by Karen D. Dorans • Better Properties Gig Harbor. Buyer represented by Better Properties Gig Harbor.
SOLD JAN 16, 2026

$349,900

1 bd•0.75 ba•680 sq ft

1321 E Madrona Boulevard NW, Lakebay, WA 98349

• Listed Aug 5, 2025

RexMont Market Signal for 1321 E Madrona Boulevard NW

Sold price on record

RexMont Market Signal $349,900

Closed sale price · as of January 16, 2026, the day it sold.

Market Signal since the sale

$355,581

Likely $305,257 – $419,173 · solid read · as of October 1, 2026

Estimate, not an appraisal.

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.

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Listing Broker: Better Properties Gig Harbor; Karen D. Dorans; 253-514-8492

Buyer Broker: Better Properties Gig Harbor

About this home

Private Herron Island retreat with stunning Case Inlet & Olympic Mountain views! This charming 1 bedroom/1 bathroom cabin sits on a fully fenced lot & features a newer (2008) 3-BD septic, Enter into open plan living/dining/kitchen with large windows & water views! Enjoy the wood burning stove & mini split for efficient heating & cooling. Large bedroom with ensuite bathroom. Lots of updates! Enjoy whale watching & sunsets from a spacious deck. Detached ADU with Murphy bed & 3/4 bathroom is perfect for guests, a home office or studio. 12' x 16' shed with loft. Easy community beach access via the trail & gate on waterside of property. The perfect island getaway awaits!

Property type
Single Family
Year built
1969
Interior
680 sq ft
Lot size
0.3688 acres
Parking
Driveway, Off Street
Price / sq ft
$515
HeatingDuctless, Stove/Free Standing, Wall Unit(s)
CoolingDuctless
Property taxes$2,418/yr (est.)
HOA dues$320/mo
School districtPeninsula

Listed by Karen D. Dorans • Better Properties Gig Harbor

Listing updated: February 16, 2026 at 04:02am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2417438

Around this home

Property details

Interior features

  • Bath Off Primary
  • Ceiling Fan(s)
  • Dbl Pane/Storm Window
  • Fireplace
  • French Doors
  • Water Heater
  • Fireplace (wood burning)

Kitchen

  • Dryer(s)
  • Refrigerator(s)
  • Stove(s)/Range(s)
  • Washer(s)

Bedrooms

  • 1 bedroom total
  • 1 on the main level

Bathrooms

  • 1 three-quarter bathroom (shower, no tub)
  • 1 on the main level

Layout

  • 1 Story
  • 680 sq ft finished

Flooring

  • Laminate

Heating & cooling

  • Ductless heating
  • Stove/Free Standing heating
  • Wall Unit(s) heating
  • Ductless cooling

Schools

Ratings via SchoolDigger

Peninsula School District

Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Lot dimensions
95x158x87x104
Topography
Level,Partial Slope,Sloped,Steep Slope
Vegetation
Garden Space
Lot number
10
Zoning code
Rural 10
Zoning jurisdiction
County
Faces
North

Systems

Energy source
Electric,Wood
Power production
Electric, Wood
Water heater
Electric
Water heater location
Closet
Power company
Peninsula Light
Water company
Herron Island Water
Sewer company
N/A
Irrigation water rights
No

Rooms & extras

Showers
1
Fireplaces on main
1
Excluded items
Yes

New construction

Square footage source
Public Records
Lot size source
Public Records
Effective year built source
Public Records

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

Opens with the report above.

Sales & Tax Records for 1321 E Madrona Boulevard NW

NWMLS via MLS Grid · Pierce County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Jan 16, 2026
    Sold
    NWMLS via MLS Grid · #2417438
    $349,900
    $515/sq ft
  2. Oct 3, 2025
    Pending
    NWMLS via MLS Grid · #2417438
    $349,900
    $515/sq ft
  3. Aug 5, 2025
    Listed
    NWMLS via MLS Grid · #2417438
    $349,900
    $515/sq ft
  4. Jan 17, 2019
    Recorded sale
    Pierce County recorder · Statutory warranty deed
    $160,000
    $235/sq ft
  5. Jun 8, 2009
    Sold
    NWMLS via MLS Grid · #28180284
    $159,000
    $234/sq ft
  6. May 4, 2009
    Pending
    NWMLS via MLS Grid · #28180284
    $159,000
    $234/sq ft

Market pulse

Lakebay is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • Offer insight: Homes typically sell with one offer near asking price.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 84 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $475,000 Sold

    1 week ago

    2 bd•1 ba•~880 sq ft•Single Family

    108 Herron Lane NW, Lakebay, WA 98349

    5%

    Under list

    161

    Days on market

    0.9 mi

    Distance

  • $260,000 Sold

    7 weeks ago

    1 bd•0.75 ba•~664 sq ft•Single Family

    922 W Herron Boulevard NW, Lakebay, WA 98349

    9%

    Under list

    60

    Days on market

    0.5 mi

    Distance

  • $339,000 Sold

    7 weeks ago

    1 bd•0.75 ba•~480 sq ft•Single Family

    415 E Herron Boulevard NW, Lakebay, WA 98349

    3%

    Under list

    100

    Days on market

    0.6 mi

    Distance

  • $182,500 Sold

    3 months ago

    •Single Family

    22418 Maple Drive NW, Lakebay, WA 98349

    6%

    Under list

    69

    Days on market

    0.5 mi

    Distance

  • $520,000 Sold

    4 months ago

    3 bd•1.5 ba•~1,920 sq ft•Single Family

    913 E Herron Blvd, Lakebay, WA 98349

    3%

    Under list

    141

    Days on market

    0.3 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

Want a deeper read on this market?

Ask a RexMont agent

Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 18, 2026 at 1:45 PM PT (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). 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 RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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