For Sale
Single family home for sale at 406 E Madrona Dr, Lakebay, WA 98349 | MLS# NWM2572099 | Listing updated on 2026-09-25
Photo 1 of Single family home for sale at 406 E Madrona Dr, Lakebay, WA 98349 | MLS# NWM2572099 | Listing updated on 2026-09-25
Photo 2 of Single family home for sale at 406 E Madrona Dr, Lakebay, WA 98349 | MLS# NWM2572099 | Listing updated on 2026-09-25
Photo 3 of Single family home for sale at 406 E Madrona Dr, Lakebay, WA 98349 | MLS# NWM2572099 | Listing updated on 2026-09-25
Photo 4 of Single family home for sale at 406 E Madrona Dr, Lakebay, WA 98349 | MLS# NWM2572099 | Listing updated on 2026-09-25
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Listed by: Christopher Floyd (253) 220-5700 | Morrison House Sotheby's Intl (253) 581-5100

$289,000

Monthly Est:$1,438

  • Beds Icon1 Bed
  • Beds Icon
    1 Bath
  • Beds Icon864sqft

406 E Madrona Dr, Lakebay, WA 98349

$1,438/moEst:

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  • Single Family Residence

  • Built in 1982

  • $315/mo HOA

  • 25,600 sqft lot

  • $334/sq.ft

Description

Catch the ferry, watch the shoreline shrink behind you, and arrive somewhere most people don't even know is real. Herron Island is one of the last privately-owned islands in Puget Sound, home to a close community of just over 100 residents, where eagles wheel overhead, deer wander freely, and the noise of everyday life feels miles away. Spend your time at North Beach Park, the untouched shoreline of South Beach, or the quiet of Goodpastor Park. It's the kind of place visitors stumble upon and keep thinking about long after they leave. This 1-bedroom, 1-bath bungalow with a versatile bonus room sits on just over half an acre — one of the island's bigger buildable lots — and has already been upgraded with a complete kitchen and bathroom remodel plus brand-new appliances. The foundation for a mini homestead is in place too: a fenced, deer-proof garden bed where dahlias used to bloom, and a chicken coop waiting for its next flock. Keep it as a private getaway, list it as a rental when you're not around, or hang onto it as a launchpad for something larger later. HOA includes water. You'll reach the island via the community ferry, the Charlie Wells, a quick 10-minute ride that changes everything.

  • Houzeo last checked: 8 hours ago
  • Listing updated: September 25, 2026 at 1:08 am
  • Source: Northwest Multiple Listing Service | MLS#: NWM2572099 Northwest Multiple Listing Service

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Pierce County

  • City

    Lakebay

  • Neighborhood

    --

  • Year Built

    1982

  • HOA Fees

    $315/mo

  • Finished Area

    864 sqft

  • Lot Size

    25,600 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Northwest Multiple Listing Service

  • MLS Number

    NWM2572099

  • MLS Status

    Active

  • Days on Market

    41

  • Cumulative Days on Market

    223

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Location

HOA Management

N/A

HOA Fees

$315/ Monthly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Road Maintenance Road Maintenance

Water Water

See Remarks See Remarks

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: 1

    Bathroom: 1

  • Entry Hall

    Level: Main

  • Extra Fin Room

    Level: Main

  • Kitchen With Eating Space

    Level: Main

  • Living Room

    Level: Main

  • Primary Bedroom

    Level: Second

  • Utility Room

    Level: Main

  • Bathroom Full

    Level: Main

Interior

  • Heating

    Ductless

  • Appliances

    Dishwasher, Dryer, Refrigerator, Stove(s)/range(s), Washer

  • Interior Features

    Fireplace

  • Sewer

    Septic Tank

  • Exterior Features

    Wood

  • Cooling

    Ductless

  • Flooring

    Laminate

Construction

  • Year Built

    Year Built: 1982

  • Home type

    Single Family Residence

  • Foundation Details

    Block

  • Roof

    Composition

  • Construction Materials

    Wood

Utilities & Energy

  • Parking Features

    Driveway, Off Street

  • Basement

    None

  • Security Features

    Partially Fenced

  • Water Source

    Community

  • Fireplace Features

    Wood Burning

Other Features

  • Subdivision Name

    Herron Island

  • Community Features

    Boat Launch, Cc Rs, Club House, Park, Playground

  • Vegetation

    Fruit Trees, Garden Space

Price History

DateEventPrice

08/21/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2572099

Price Increased

$309,000 +6.92%

$358/sqft

08/21/2026

Source: mls_logoNorthwest Multiple Listing Service #NWM2572099

Listed for Sale

$289,000

$334/sqft

Nearby Homes

Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 01, 2026, 02:47PM. 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.


IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.

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