$349,900
1 bd•680 sq ft
1321 E Madrona Boulevard Nw, Lakebay, WA 98349
• Listed 2025-08-05
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of January 16, 2026 at 02:19pm (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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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: January 16, 2026 at 02:19pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2417438
Open houses
No upcoming open houses scheduled for this property.
$343,000
-$6,900 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $242K and $625K.
Rental earnings
$1,025/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$349,900Last sold price
1321 E Madrona Boulevard Nw, Lakebay, WA 98349

$625,000Last sold price
924 W Herron Boulevard Nw, Lakebay, WA 98349
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
Neighborhood mobility
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Lakebay is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 22 days.
$182,500 Sold
2 weeks ago
•Single Family
22418 Maple Drive Nw, Lakebay, WA 98349
6%
Under list
—
Days on market
0.5 mi
Distance
$520,000 Sold
5 weeks ago
3 bd•1.5 ba•~1,920 sq ft•Single Family
913 E Herron Blvd, Lakebay, WA 98349
3%
Under list
—
Days on market
0.3 mi
Distance
$625,000 Sold
8 weeks ago
2 bd•1 ba•~864 sq ft•Single Family
924 W Herron Boulevard Nw, Lakebay, WA 98349
15%
Over list
—
Days on market
0.5 mi
Distance
$689,000 Sold
3 months ago
4 bd•3 ba•~2,528 sq ft•Single Family
606 206 Avenue Nw, Lakebay, WA 98349
0%
Over list
—
Days on market
0.9 mi
Distance
$100,000 Sold
3 months ago
•Single Family
411 208th Avenue Nw, Lakebay, WA 98349
9%
Under list
—
Days on market
0.9 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 Jul 2026
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.