$285,000
Est. $1,449/mo1 bd•664 sq ft
922 W Herron Boulevard Nw, Lakebay, WA 98349
• Listed 2026-07-03•10 days on market
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Based on information submitted to the MLS GRID as of July 11, 2026 at 02:42pm (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.
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Opportunity knocks to own a spectacular piece of medium/high-bank waterfront, complete with tidelands and a beautiful beach below. This west-facing property offers front-row views of the Olympic Mountains and some of the most breathtaking sunsets you'll ever experience. The existing A-frame cabin is in poor condition and is being sold AS-IS, presenting the perfect opportunity to build your dream waterfront retreat. The current 1-bedroom septic system was last inspected in late 2025 with no issues. Much of the groundwork has already been completed, included a recorded survey, a geotechnical (GEO)report, and a design for a new 3-bedroom septic system. Please note that the septic design approval expired in August 2022 and will require a new application with the Health Department. Situated on a generous 0.44 acre (19,370 sq. ft.) lot, the property features a fence along the north boundary and a staircase leading to the beach below (staircase may require repairs). Bring your vision and create the waterfront home you've always dreamed of in this exceptional location on a private island with its own community ferry!
Listed by Karen D. Dorans • Better Properties Gig Harbor
Listing updated: July 11, 2026 at 02:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2546666
Open houses
No upcoming open houses scheduled for this property.
$338,000
+$53,000 over list price
Nearby comparable homes
RexMont uses 4 strongest recent nearby sales, priced between $242K and $565K.
Rental earnings
$1,025/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$242,100Last sold price
209 E Herron Boulevard Nw, Lakebay, WA 98349

$349,900Last sold price
1321 E Madrona 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.
922 W Herron 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
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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
0.2 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
0.5 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
0.1 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.