406 E Madrona Drive, Lakebay, WA 98349
Local realty services provided by:Better Homes and Gardens Real Estate Pacific Commons
Listed by: christopher floyd
Office: morrison house sotheby's intl
MLS#:2572099
Source:NWMLS
406 E Madrona Drive,Lakebay, WA 98349
$309,000
- 1 Beds
- 1 Baths
- 864 sq. ft.
- Single family
- Active
Price summary
- Price:$309,000
- Price per sq. ft.:$357.64
- Monthly HOA dues:$315
About this home
Board the ferry, watch the mainland fade into the distance, and step onto a place most people never even know exists. Herron Island is one of Puget Sound's last private islands, a tight-knit community of just over 100 neighbors where eagles circle overhead, deer roam at will, and the rest of the world genuinely feels far away. Fill your days at North Beach Park, along the natural shoreline of South Beach, or relaxing at Goodpastor Park. It's the kind of island people stumble onto and can't stop thinking about afterward. This 1-bedroom, 1-bath bungalow with a bonus room sits on just over half an acre, one of the island's larger buildable lots, and has been thoughtfully improved with a full gut renovation of the kitchen and bathroom plus all-new appliances. The groundwork for a little homestead 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're away, or hold onto it and build something bigger down the road. HOA covers water. Access is via the community ferry, the Charlie Wells, a 10-minute crossing that makes all the difference. Step off the ferry and you'll pass a general store currently under construction, close enough that your ice cream won't have a chance to melt....
Contact an agent
Home facts
- Year built:1982
- Subdivision & Development:Herron Island
- Listing ID #:2572099
- Updated:August 26, 2026 at 12:28 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Laminate
- Kitchen Description:Dishwasher, Refrigerator
- Bedroom Description:Upper Level Bedrooms : 1
- Basement:Yes
- Living area:864 sq. ft.
Structure and exterior
- Roof:Composition
- Year built:1982
- Building area:864 sq. ft.
- Lot area:0.59 Acres
- Construction Materials:Wood Exterior Finish
- Exterior Features:Deck, Fenced-Partially
- Foundation Description:None
- Levels:2 Story
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:$309,000
- Price per sq. ft.:$357.64
- Tax amount:$2,131 (2025)
Features and amenities
- Appliances:Dishwasher, Refrigerator, Washer
- Laundry features:Dryer, Washer
- Amenities:Green House
Parking
- Parking description:Driveway, Off Street Parking
New listings near 406 E Madrona Drive
- New
$340,000Active3 beds 2 baths1,456 sq. ft.19821 23rd Street Sw, Lakebay, WA 98349
MLS# 2571013Listed by: SIEVERS REAL ESTATE - New
$169,000Active5.01 Acres1209 196th Avenue Nw, Lakebay, WA 98349
MLS# 2573080Listed by: RE/MAX EXCLUSIVE - New
$520,000Active2 beds 2 baths1,662 sq. ft.15615 53rd Street Nw, Lakebay, WA 98349
MLS# 2571025Listed by: LIST4FLATFEE.COM, LLC - New
$350,000Active3 beds 2 baths1,782 sq. ft.6218 159th Avenue Ct Nw, Lakebay, WA 98349
MLS# 2571868Listed by: WINDERMERE ABODE - New
$100,000Active1.46 Acres6217 Key Peninsula Highway Nw, Lakebay, WA 98351
MLS# 2571869Listed by: WINDERMERE ABODE - New
$439,950Active3 beds 2 baths1,404 sq. ft.16119 Pollack Drive Nw, Lakebay, WA 98349
MLS# 2572115Listed by: MLS4OWNERS.COM - New
$539,900Active3 beds 2 baths1,437 sq. ft.19716 20th Street Sw, Lakebay, WA 98349
MLS# 2572328Listed by: EXP REALTY - New
$450,000Active9.06 Acres6529 Key Peninsula Hwy Nw, Lakebay, WA 98349
MLS# 2566756Listed by: BETTER PROPERTIES GIG HARBOR
$249,000Pending3.26 Acres19205 30th Street Sw, Lakebay, WA 98349
MLS# 2570998Listed by: HAWKINS POE