Listed by Better Properties Gig Harbor
$75,000

730 E Madrona Blvd NW Lakebay, WA 98349

Estimated payment $746/month

Total Views 656
0.71 Acre
$106,202 Price per Acre
30,762 Sq Ft Lot

Highlights

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

About This Lot

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!

Listing Agent

Karen Dorans

Better Properties Gig Harbor License #18442 Listed on: 06/25/2026

Better Properties Gig Harbor

Co-Listing Agent

Paige DeClue

Better Properties Gig Harbor License #22013575

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2543620

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $363

Lot Details

  • 30,762 Sq Ft Lot
  • Level Lot

HOA Fees

  • $314 Monthly HOA Fees

Property Views

  • Territorial Views

Schools

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

Utilities

  • Community Well
  • Septic Design Applied
  • Sewer Not Available

Listing and Financial Details

  • Legal Lot and Block 2 & 3 / 2
  • Assessor Parcel Number 4450400201

Community Details

Overview

  • Association fees include common area maintenance, road maintenance
  • Herron Island Division # 4 Condos
  • Herron Island Subdivision

Recreation

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

Property Details

Property Type

Land

Est. Annual Taxes

$363

Lot Details

0.71 Acres

HOA Fees

$314 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 40 - Res-Less thn 1 Ac
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: Herron Island Division # 4
  • Structure Type: None
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Evergreens,Lightly Treed,Partially Cleared
  • Restrictions: No Restrictions
  • Improvements: Outbuilding(s),Tiny Home
  • Special Features: None

Interior Features

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

Exterior Features

  • View: Territorial
  • Road Surface Type: Gravel
  • View: Yes
  • Waterfront: No
  • RoadInformation: Gravel
  • RoadOnWhichSide: East
  • WaterJurisdiction: Herron Island Water Dept
  • WaterAccess: Community Waterfront/Pvt Beach

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: Not Available
  • Water Source: Community Well, On Property
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Septic Design Applied
  • ElectricityStatus: On Property
  • GasStatus: Not Available
  • SepticDesignApplied: true
  • SepticDesignInstalled: false
  • SepticSystemType: Pre-treatment pressure distribution

Condo/Co-op/Association

  • Community Features: Athletic Court, Boat Launch, Community Well, Park, Playground, Trail(s)
  • Senior Community: No
  • Association Fee: 1884
  • Association Fee Frequency: Semi-Annually
  • 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: 4450400201
  • Topography: Level,Sloped
  • Lot Size Acres: 0.7062
  • Lot Size Sq Ft: 30762
  • Zoning Description: Residential
  • Zoning: Rural 10
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County
  • LotNumber: 2 & 3

Rental Info

  • ShortTermRentalYN: true

Tax Info

  • Year: 2026
  • Tax Annual Amount: 362.59

MLS Schools

  • Elementary School: Evergreen Elem

Map

Range of Values:

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Value Increase
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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $343 $39,100 $35,700 $3,400
2024 $337 $37,600 $34,100 $3,500
2023 $337 $35,600 $32,600 $3,000
2022 $223 $33,400 $30,100 $3,300
2021 $209 $17,200 $15,000 $2,200
2019 $178 $15,600 $13,400 $2,200
2018 $0 $14,700 $12,700 $2,000
2017 $143 $11,400 $9,800 $1,600
2016 $192 $10,400 $10,400 $0
2014 $93 $14,200 $14,200 $0
2013 $93 $11,300 $11,300 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2026 06/25/26 For Sale $75,000 +7.9% --
08/28/2023 08/28/23 Sold $69,500 0.0% -- View Prior Sale
08/11/2023 08/11/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $69,500 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $69,500 Ticor Title
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2543620

Northwest Multiple Listing Service (NWMLS)

APN: 445040-0201

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