LKV Realty
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Karen D. DoransBetter Properties Gig Harbor
$75,000
730 E Madrona Boulevard NW, Lakebay, WA 98349Listing ID 2543620

730 E Madrona Boulevard NW, Lakebay, WA 98349

Active
Herron Island
Last updated: Jul 15, 2026
Property Type
Property Type
Land
Property Sub Type
Property Sub Type
Land
Acres
Acres
0.71

Welcome to Herron Island, a private island community served by its own ferry, the Charlie Wells. This unique property consists of two original tax parcels that were combined into one, creating a spacious 30,762 sq. ft. (0.71-acre) lot backing to wetlands and a community park for added privacy and a peaceful natural setting.A recorded wetland variance has been approved by the county, and the septic design was approved by the Health Department. The current approval is scheduled to expire in June 2026; however, the owner has applied for an extension. The approved design is for the construction of a 16' x 28' shop with a bathroom. Any future conversion to a dwelling would require a remodel application and approval from the appropriate authorities.The property already has power and community well water connected, making it an excellent opportunity for future development. While planning your dream home or island getaway, you can enjoy the tiny home currently on the property, along with an additional storage shed.Herron Island amenities include community beaches, parks, walking trails, a boat launch, and seasonal boat docks. Conveniently located just 1.5 hours from Seattle and approximately 45 minutes from Tacoma, this is your chance to enjoy island living without being far from the city.Come discover the beauty and tranquility of Herron Island!

Property Information

Property Details

Location

Address
730 E Madrona Boulevard NW
County
Pierce
City
Lakebay
Zip Code
98349
Subdivision
Herron Island
School District
Peninsula
High School
Peninsula High
Elementary School
Evergreen Elem
MLS Area
4 - Key Peninsula South

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$363
Tax Year
2026

Homeowner Association

HOA Fee
$1,884
HOA Fee Frequency
Semi-Annually
Source: Northwest Multiple Listing Service
Northwest Multiple Listing Service logo

Based on information submitted to the MLS GRID as of 17 Aug 2026, 04:15 PM UTC. 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID. 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. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

For corrections to this data please contact Brytecore MLS Support.

NWM30801 • NWM141368

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.