$309,000
Est. $1,571/mo1 bd•1 ba•864 sq ft
406 E Madrona Boulevard Nw, Lakebay, WA 98349
• Listed 2026-02-19•19 days on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of July 2, 2026 at 09:42pm (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Board the ferry, watch the mainland fade into the distance, and step onto a place most people never even know exists. Herron Island is one of Puget Sound's last private islands, a tight-knit community of just over 100 neighbors where eagles circle overhead, deer roam at will, and the rest of the world genuinely feels far away. Fill your days at North Beach Park, along the natural shoreline of South Beach, or relaxing at Goodpastor Park. It's the kind of island people stumble onto and can't stop thinking about afterward. This 1-bedroom, 1-bath bungalow with a bonus room sits on just over half an acre, one of the island's larger buildable lots, and has been thoughtfully improved with a full gut renovation of the kitchen and bathroom plus all-new appliances. The groundwork for a little homestead is already here: a deer-proof, fenced garden area where dahlias once flourished, and a chicken coop ready for new tenants. Use it as your personal escape, rent it out while you're away, or hold onto it and build something bigger down the road. HOA covers water. Access is via the community ferry, the Charlie Wells, a 10-minute crossing that makes all the difference. Step off the ferry and you'll pass a general store currently under construction, close enough that your ice cream won't have a chance to melt.
Listed by Christopher Floyd • Morrison House Sotheby's Intl
Listing updated: July 2, 2026 at 09:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2463344
Open houses
No upcoming open houses scheduled for this property.
$303,000
-$6,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $300K and $492K.
Rental earnings
$900/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$325,000Last sold price
416 W Herron Boulevard Nw, Lakebay, WA 98349
$492,000Last sold price
22610 S Herron Blvd 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.
406 E Madrona Boulevard Nw, Lakebay, WA 98349
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
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Great rateTakes about 5 minutes & won't affect your credit
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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
0.3 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
0.4 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
0.4 mi
Distance
$100,000 Sold
3 months ago
•Single Family
411 208th Avenue Nw, Lakebay, WA 98349
9%
Under list
—
Days on market
1.0 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.
