Active
Listed by Karen D. Dorans • Better Properties Gig Harbor.
FOR SALE
$349,000
Est. $1,761/mo2 bd•1 ba•1,467 sq ft
402 E Madrona Boulevard Nw, Lakebay, WA 98349
• Listed 2026-03-14•18 days on market
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About this home
Slow down, you’ve made it to Herron Island — a private island community where life moves to the rhythm of the water, and the ferry ride on the Charlie Wells becomes part of your daily unwind. This single-level cabin, just shy of 1,500 square feet, offers easy, comfortable living with 2 bedrooms and 2 baths. The primary suite is spacious and filled with natural light, complete with its own ensuite bath (including washer/dryer plus walk-in closet. The second bedroom is generously sized for guests, hobbies, or quiet retreat. The heart of the home is the open living area that flows into the kitchen and dining space — perfect for slow mornings with coffee or relaxed evenings after a day on the beach. A small office nook makes working remotely feel a little less like work. Upstairs, a loft storage area keeps things practical, while the enclosed porch (not included in the square footage) invites you to linger a little longer with a book or a glass of wine. Set on a level 0.61-acre lot, there’s room to dream — a future garage, workshop, garden, or simply wide-open space to enjoy the privacy and peace that island living brings. The cabin could use some updating, but it’s completely livable as-is — giving you the chance to settle in first and make it your own over time. If you’ve been craving a place where weekends stretch longer and the mainland feels a world away, this might be it. Enjoy community features such as the beaches, trails, boat launch, seasonal boat docks & more!!
Property type
Single Family
Year built
1975
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (1)
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Open Sat, Jun 13Around this home
RexMont Market Signal©
$582,000
+$233,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $449K and $1.09M.
Rental earnings
$1,750/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
Viewing 1 of 5
$540,000Last sold price
2 beds1.5 baths1,360 sq ft
724 W Herron Boulevard Nw, Lakebay, WA 98349
$397/sq ft0.3 mi awaysmaller lot12 years newer
$1,090,000Last sold price
2 beds2.5 baths1,877 sq ft
1011 E Herron Boulevard Nw, Lakebay, WA 98349
$581/sq ft0.5 mi awaysmaller lot40 years newer
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.
RexMont OfferEdge™
How much should you offer?
402 E Madrona Boulevard Nw, Lakebay, WA 98349
List price
$349,000
Down payment
$69,800
Consult a RexMont agent — Contact me now
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.
Property details
Interior features
- Bath Off Primary
- Dbl Pane/Storm Window
- Loft
- Walk-In Closet(s)
- Water Heater
- None basement
Kitchen
- Dishwasher
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 2 bedrooms total
Bathrooms
- 1 full bathroom
Flooring
- Vinyl
- Carpet
Heating & cooling
- Baseboard heating
- Wall Furnace heating
- None cooling
Neighborhood mobility
Walk, bike & transit scores
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Mortgage payment forecast
$4,035 per month
Great ratePrincipal and interest
Property taxes
HOA dues
Home insurance
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Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of May 20, 2026 at 02:37pm (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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