$75,000
Est. $382/mo730 E Madrona Boulevard Nw, Lakebay, WA 98349
• Listed 2026-06-25•32 days on market
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Based on information submitted to the MLS GRID as of June 26, 2026 at 09:27am (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.
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Welcome to Herron Island, a private island community served by its own ferry, the Charlie Wells. This unique property consists of two original tax parcels that were combined into one, creating a spacious 30,762 sq. ft. (0.71-acre) lot backing to wetlands and a community park for added privacy and a peaceful natural setting.A recorded wetland variance has been approved by the county, and the septic design was approved by the Health Department. The current approval is scheduled to expire in June 2026; however, the owner has applied for an extension. The approved design is for the construction of a 16' x 28' shop with a bathroom. Any future conversion to a dwelling would require a remodel application and approval from the appropriate authorities.The property already has power and community well water connected, making it an excellent opportunity for future development. While planning your dream home or island getaway, you can enjoy the tiny home currently on the property, along with an additional storage shed.Herron Island amenities include community beaches, parks, walking trails, a boat launch, and seasonal boat docks. Conveniently located just 1.5 hours from Seattle and approximately 45 minutes from Tacoma, this is your chance to enjoy island living without being far from the city.Come discover the beauty and tranquility of Herron Island!
Listed by Karen D. Dorans • Better Properties Gig Harbor
Listing updated: June 26, 2026 at 09:27am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2543620
Open houses
No upcoming open houses scheduled for this property.
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730 E Madrona Boulevard Nw, Lakebay, WA 98349
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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
3 weeks ago
•Single Family
22418 Maple Drive Nw, Lakebay, WA 98349
6%
Under list
—
Days on market
0.1 mi
Distance
$520,000 Sold
6 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
0.2 mi
Distance
$625,000 Sold
2 months ago
2 bd•1 ba•~864 sq ft•Single Family
924 W Herron Boulevard Nw, Lakebay, WA 98349
15%
Over list
—
Days on market
0.3 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
1.0 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.
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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.
