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At a glance

406 E Madrona Drive, Lakebay, WA, 98349

$289,000·NWMLS #2572099

Every completed rebate is published: see all 249 closings.

Listing data from NWMLS. Listing courtesy of Christopher Floyd of Morrison House Sotheby's Intl. Rebate estimate calculated by Arrivva.

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$289,000
19 Days On Site

406 E Madrona Drive
Lakebay, WA 98349

For Sale|Single Family Residence|Active
1
Bed
1
Total Bath
1
Full Bath
864
SqFt
$334
/SqFt
1982
Built
Cumulative Days On Market:
202
Subdivision:
Herron Island
County:
Pierce
Courtesy of NWMLS
Listing courtesy of Christopher Floyd of Morrison House Sotheby's Intl
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
406 E Madrona Drive406 E Madrona Drive406 E Madrona Drive406 E Madrona Drive
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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.

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Listing Snapshot
Price 
$289,000
Days On Site 
19 Days
Bedrooms 
1
Inside Area (SqFt) 
864 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
0.5877 Acres
Year Built 
1982
MLS® Number 
2572099
Status 
Active
Property Tax 
$2,131
HOA/Condo/Coop Fees 
$315 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
yesterdayPrice changed to $289,000
3 weeks agoListing first seen on site
General Features
Acres 
0.5877
Foundation 
Block
Land Lease 
No
Levels 
Two
Parking 
DrivewayOff Street
Property Sub Type 
Single Family Residence
Sewer 
Septic Tank
SqFt Total 
864
Zoning 
R10
Interior Features
Appliances 
DishwasherDryerRefrigeratorWasher
Basement 
None
Cooling 
Ductless
Fireplace 
Yes
Fireplace Features 
Wood Burning
Fireplaces 
1
Flooring 
Laminate
Heating 
ElectricWoodDuctless
Bathroom Full 
Level - Main
Entry Hall 
Level - Main
Extra Fin Room 
Level - Main
Kitchen 
Level - Main
Living Room 
Level - Main
Master Bedroom 
Level - Second
Utility Room 
Level - Main
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Exterior Features
Exterior 
Garden
Fencing 
Partial
Lot Features 
Level
Other Structures 
Outbuilding
Patio And Porch 
Deck
Roof 
Composition
Community Features
Association Fee 
$315.0
Association Fee Frequency 
Monthly
Community Features 
ClubhouseParkPlayground
MLS Area 
4 - Key Peninsula South
School District 
Peninsula
Financing Terms Available 
CashConventional
Building Access 
Main
Schools
School District
Peninsula
Elementary School
Buyer To Verify
Middle School
Key Peninsula Mid
High School
Peninsula High
Courtesy of NWMLS
Listing courtesy of Christopher Floyd of Morrison House Sotheby's Intl



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-09-10 12:32 AM PDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.

Questions about this listing

Who is the listing brokerage for 406 E Madrona Drive, Lakebay, WA, 98349?
Listing courtesy of Christopher Floyd of Morrison House Sotheby's Intl, per NWMLS listing #2572099. Arrivva is not the listing brokerage: Arrivva is a separate flat-fee brokerage that represents you as the buyer, with your interests first and no dual agency, ever. How Arrivva represents buyers
How do I schedule a tour of 406 E Madrona Drive, Lakebay, WA, 98349?
Set up a quick chat with Arrivva by phone or video. The team confirms showing availability fast, tours the home with you, and walks you through offer strategy and the rebate math before you commit to anything. Set up a time to talk

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