$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 recordRexMont Market Signal $349,900
Closed sale price · as of January 16, 2026, the day it sold.
Market Signal since the sale
$352,684
Likely $307,400 – $439,591 · solid read · as of November 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.
Your home value, prepared by the designated broker
Prepared by Adriano ToriFounder & Designated Broker · WA Lic. #27660Own a home near 1321 E Madrona Boulevard NW? This sale moved its value.
Adriano Tori prepares your home's value from the closed sales around it, this one counted, within 24 hours. No automated estimate, no obligation.
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Watching: Lakebay $280K–$420K · 1+ bd
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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!
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 SchoolDiggerPeninsula School District
- Evergreen ElementaryPublic · Grades PK-5 · State rank 308 of 1,1388/10
- Key Peninsula Middle SchoolPublic · Grades 6-8 · State rank 230 of 5146/10
- Peninsula High SchoolPublic · Grades 9-12 · State rank 62 of 3968/10
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.
Opens with the report above.
Sales & Tax Records for 1321 E Madrona Boulevard NW
NWMLS via MLS Grid · Pierce County AssessorEvery 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.
- Jan 16, 2026SoldNWMLS via MLS Grid · #2417438$349,900$515/sq ft
- Oct 3, 2025PendingNWMLS via MLS Grid · #2417438$349,900$515/sq ft
- Aug 5, 2025ListedNWMLS via MLS Grid · #2417438$349,900$515/sq ft
- Jan 17, 2019Recorded salePierce County recorder · Statutory warranty deed$160,000$235/sq ft
- Jun 8, 2009SoldNWMLS via MLS Grid · #28180284$159,000$234/sq ft
- May 4, 2009PendingNWMLS via MLS Grid · #28180284$159,000$234/sq ft
Market pulse
Lakebay is a buyer's market.
Inventory is rising and homes are sitting longer. Buyers have room to negotiate.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 93 days.
Recent sales nearby
Within 1 mile · last 6 months$475,000 Sold
4 weeks 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
2 months 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
2 months 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
4 months ago
•Single Family
22418 Maple Drive NW, Lakebay, WA 98349
6%
Under list
69
Days on market
0.5 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 agentMarket data from MLS GRID / NWMLS · Updated Nov 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 November 7, 2026 at 11:48 AM 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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