$299,000
Est. $1,620/mo3 bd•2.25 ba•1,370 sq ft
1207 E Madrona Boulevard NW, Lakebay, WA 98349
• Listed Oct 26, 2026•85 days active · 85 cumulative
Listing Broker: Morrison House Sotheby's Intl; Christopher Floyd; 253-220-5700; epicPNWhomes@gmail.com
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Listing Broker: Morrison House Sotheby's Intl; Christopher Floyd; 253-220-5700; epicPNWhomes@gmail.com
About this home
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: October 27, 2026 at 05:01am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2598378
Around this home
How much should you offer?
1207 E Madrona Boulevard NW, Lakebay, WA 98349
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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
- Ceiling Fan(s)
- Dbl Pane/Storm Window
- Fireplace
- French Doors
- Skylight(s)
- Water Heater
- Fireplace (wood burning)
Bedrooms
- 3 bedrooms total
- 2 on the main level
- 1 upstairs
Bathrooms
- 1 full bathroom
- 1 three-quarter bathroom (shower, no tub)
- 1 half bathroom
- 2.25 bathrooms total (NWMLS count)
- 2 on the main level
Layout
- 1 1/2 Story
- 1,370 sq ft finished
Flooring
- Vinyl
- Carpet
Heating & cooling
- Baseboard heating
- None cooling
Schools
Ratings via SchoolDiggerPeninsula School District
- Evergreen ElementaryPublic · Grades PK-5 · State rank 308 of 1,1388/10
- Key Peninsula Middle SchoolPublic · Grades 6-8 · State rank 230 of 5146/10
- Peninsula High SchoolPublic · Grades 9-12 · State rank 62 of 3968/10
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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Level,Partial Slope,Sloped
- Vegetation
- Garden Space
Systems
- Energy source
- Electric,Wood
- Power production
- Electric, Wood
- Water heater
- Electric
- Water heater location
- Laundry room/bathroom
- Power company
- Peninsula Light
- Water company
- Herron Island Water
- Sewer company
- Septic
- Irrigation water rights
- No
Rooms & extras
- Fireplaces on main
- 1
New construction
- Square footage source
- Tax Records
- Lot size source
- Tax Records
- Effective year built source
- Public Records
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 1207 E Madrona Boulevard NW
NWMLS via MLS Grid · Pierce County AssessorEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 26, 2026ListedNWMLS via MLS Grid · #2598378$299,000$218/sq ft
- Mar 17, 2023SoldNWMLS via MLS Grid · #1991016$206,900$151/sq ft
- Feb 6, 2023PendingNWMLS via MLS Grid · #1991016$224,900$164/sq ft
- Feb 6, 2023Price reducedNWMLS via MLS Grid · #1991016$224,900$164/sq ft
- Sep 1, 2022ListedNWMLS via MLS Grid · #1991016$275,000$201/sq ft
Down payment assistance
6 programs may be available to provide you with up to $15,000 in down payment assistance, depending on your specific information.
Northwest MLS lists this home as eligible for down payment assistance programs
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$2,217 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
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Listing Broker: Morrison House Sotheby's Intl; Christopher Floyd; 253-220-5700; epicPNWhomes@gmail.com
Market pulse
Lakebay is a buyer's market.
Inventory is rising and homes are sitting longer. Buyers have room to negotiate.
Offer insight: Homes typically sell with one offer near asking price.
List to sale price: The average home sells for about 1% below list price.
Time on market: The average home goes pending in around 93 days.
Recent sales nearby
Within 1 mile · last 6 months$475,000 Sold
4 weeks ago
2 bd•1 ba•~880 sq ft•Single Family
108 Herron Lane NW, Lakebay, WA 98349
5%
Under list
161
Days on market
0.8 mi
Distance
$260,000 Sold
2 months ago
1 bd•0.75 ba•~664 sq ft•Single Family
922 W Herron Boulevard NW, Lakebay, WA 98349
9%
Under list
60
Days on market
0.5 mi
Distance
$339,000 Sold
2 months ago
1 bd•0.75 ba•~480 sq ft•Single Family
415 E Herron Boulevard NW, Lakebay, WA 98349
3%
Under list
100
Days on market
0.5 mi
Distance
$182,500 Sold
4 months ago
•Single Family
22418 Maple Drive NW, Lakebay, WA 98349
6%
Under list
69
Days on market
0.4 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 Nov 2026
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of November 7, 2026 at 11:48 AM PT (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.
Some IDX listings have been excluded from this website.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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