406 E Madrona Drive, Lakebay, WA 98349

Local realty services provided by:Better Homes and Gardens Real Estate Northwest Home Team
Listed by: christopher floyd
Office: morrison house sotheby's intl
MLS#:2463344
Source:NWMLS
406 E Madrona Drive,Lakebay, WA 98349
$317,000
  • 1 Beds
  • 1 Baths
  • 864 sq. ft.
  • Single family
  • Active

Price summary

  • Price:$317,000
  • Price per sq. ft.:$366.9
  • Monthly HOA dues:$315

About this home

Hop on the ferry, watch the mainland shrink behind you, and arrive somewhere most people never find. Herron Island is one of the few remaining private islands in Puget Sound, a close-knit community of just over 100 residents where eagles fly overhead, deer wander freely, and the outside world genuinely feels far away. Spend your days exploring North Beach Park, walking the natural shoreline of South Beach, or unwinding at Goodpastor Park. It is the kind of place people stumble onto and never stop thinking about. This 1 bed, 1 bath bungalow plus bonus room sits on just over a half-acre, one of the larger buildable lots on the island, and has been thoughtfully improved with a full gut renovation of the kitchen and bathroom and all-new appliances. The groundwork for a little homestead life is already here, a deer-proof fenced garden area where dahlias once flourished and a chicken coop ready for new tenants. Use it as your personal escape, rent it out while you are away, or hold it and

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Home facts

  • Year built:1982
  • Listing ID #:2463344
  • Updated:February 26, 2026 at 04:05 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Living area:864 sq. ft.

Structure and exterior

  • Roof:Composition
  • Year built:1982
  • Building area:864 sq. ft.
  • Lot area:0.59 Acres

Schools

  • High school:Peninsula High
  • Middle school:Key Peninsula Mid
  • Elementary school:Buyer To Verify

Utilities

  • Water:Community
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$317,000
  • Price per sq. ft.:$366.9
  • Tax amount:$2,131 (2025)
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