$50,000
SOLD AUG 19, 2025

1012 E Herron Blvd NW Lakebay, WA 98349

0.37 Acre
$135,648 Price per Acre
16,056 Sq Ft Lot

Recently Sold

22 Days on Market

Highlights

  • Community Boat Launch
  • Corner Lot
  • Park
  • Territorial View
  • Sport Court
  • Trails

About This Lot

As of August 2025

0.369-acre parcel (16,057 sq. ft.) features 100' of road frontage. Formerly home to the island's only general store, this unique property served as the heart of the community for many years. It was the sole commercial site on the island until zoning changed to Rural 10 in the 1990s. However, as of June 2016, Pierce County rezoned the lot as a Rural Neighborhood Center (RNC)—reopening the opportunity to re-establish a general store/business. Partial water views. Building is in disrepair, do NOT enter. Being sold AS-IS. This lot presents a rare opportunity to revive a cherished community hub or create a new neighborhood business in a high-visibility, easily accessible location (information to be verified by buyer).

Last Agent to Sell the Property

Karen Dorans

Better Properties Gig Harbor License #18442 Listed on: 06/13/2025

Better Properties Gig Harbor

Co-Listed By

Paige DeClue

Better Properties Gig Harbor License #22013575

Last Buyer's Agent

Karen Dorans

Better Properties Gig Harbor License #18442 Listed on: 06/13/2025

Better Properties Gig Harbor

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2392906

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $401

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 100x160x100x166
  • Corner Lot
  • Level Lot

HOA Fees

  • $320 Monthly HOA Fees

Property Views

  • Territorial
  • Limited

Schools

  • Evergreen Elementary School
  • Key Peninsula Mid Middle School
  • Peninsula High School

Utilities

  • Community Well
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 1 / 3
  • Assessor Parcel Number 4450000372

Community Details

Overview

  • Association fees include common area maintenance, road maintenance
  • Herron Island Division # 1 Condos
  • Herron Island Subdivision

Recreation

  • Community Boat Launch
  • Sport Court
  • Community Playground
  • Park
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$401

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: Herron Island Division # 1
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Brush,Evergreens,Lightly Treed,Partially Cleared
  • Restrictions: See Remarks
  • LevelComment: East portion of property is level
  • Special Features: None
  • Cumulative Days on Market: 43

Interior Features

  • Possible Use: See Remarks
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: Partial, Territorial
  • Lot Features: Corner Lot
  • Road Surface Type: Gravel
  • View: Yes
  • Waterfront: No
  • Structure Type: Unspecified
  • RoadInformation: Gravel
  • RoadOnWhichSide: North & East
  • WaterJurisdiction: Herron Island Water Department
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Available, Community Well
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, Community Well, Park, Playground, Trail(s)
  • Senior Community: No
  • Association Fee: 320
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Road Maintenance
  • NWM_OtherDuesOrFeesYN: true

Schools

  • Junior High Dist: Peninsula
  • High School: Peninsula High
  • Middle Or Junior School: Key Peninsula Mid

Lot Info

  • Parcel Number: 4450000372
  • Topography: Level,Sloped
  • Lot Size Acres: 0.3686
  • Lot Size: 100x160x100x166
  • Lot Size Sq Ft: 16057
  • Zoning Description: See Remarks
  • Zoning: County-RNC
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • LotNumber: 1
  • SlopeComment: Slopes down to the road (east)

Rental Info

  • ShortTermRentalYN: true

Tax Info

  • Year: 2025
  • Tax Annual Amount: 401.17

MLS Schools

  • Elementary School: Evergreen Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2025
Closed on
Aug 12, 2025
Sold by
Stoddard Paul and Stoddart Paul
Bought by
Nds Adult Family Home Inc and Vick
Seller's Agent
Karen Dorans
Better Properties Gig Harbor
Buyer's Agent
Karen Dorans
Better Properties Gig Harbor
List Price
$50,000
Sold Price
$50,000
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.80%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $50,000 Ticor Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Sold $50,000 0.0% --
07/05/2025 07/05/25 Pending -- -- --
06/13/2025 06/13/25 For Sale $50,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $399 $33,100 $31,900 $1,200
2024 $399 $31,700 $30,500 $1,200
2023 $399 $30,400 $29,200 $1,200
2022 $335 $28,100 $26,900 $1,200
2021 $321 $18,200 $17,200 $1,000
2019 $287 $16,000 $15,100 $900
2018 $248 $15,200 $14,400 $800
2017 $248 $11,800 $11,100 $700
2016 $0 $12,400 $11,700 $700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2392906

Northwest Multiple Listing Service (NWMLS)

APN: 445000-0372