$350,000
Est. $1,779/mo3 bd•1.5 ba•1,370 sq ft
1207 E Madrona Boulevard Nw, Lakebay, WA 98349
• Listed 2026-07-04•15 days on market
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Based on information submitted to the MLS GRID as of July 6, 2026 at 01:37pm (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.
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Escape to your own slice of island life! This 1,370 sq. ft. cabin sits on Herron Island, accessible by private ferry, and offers 3 bedrooms and 2.5 baths across a layout built for gathering. Originally built in 1966, the home has seen thoughtful additions and updates over the years, including a durable metal roof. Step into a cozy living room with fireplace, open to the kitchen for easy entertaining. The main floor also features a laundry room with half bath, two bedrooms, a full bathroom, and a family room with a hide-away bed for extra guests. Upstairs, a private bedroom retreat awaits with its own 3/4 bath and covered deck, the perfect spot to soak in the filtered water views. Enjoy an easy stroll to the community beach, boat launch, seasonal docks, parks, and trails. The detached garage currently serves as a workshop, ready for your next project. Sale includes an additional vacant lot for a total of 0.80 acres, all tucked along a quiet island cul-de-sac road.
Listed by Christopher Floyd • Morrison House Sotheby's Intl
Listing updated: July 6, 2026 at 01:37pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2547464
Open houses
No upcoming open houses scheduled for this property.
$544,000
+$194,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $325K and $635K.
Rental earnings
$1,625/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$635,000Last sold price
1616 W Herron Place Nw, Lakebay, WA 98349

$540,000Last sold price
724 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.
1207 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
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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
•
22418 Maple Drive Nw, Lakebay, WA 98349
6%
Under list
—
Days on market
0.4 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
0.2 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.