Listing provided courtesy of Better Properties Gig HarborNWMLSas Distributed by MLSGrid- MLS# NWM2543620MLS Provider

730 E Madrona Boulevard NWLakebay, WA 98349

Vacant Land · 0.71 Acres
$75,000 Active

730 E Madrona Boulevard NW Overview

Visits:
1

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!

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730 E Madrona Boulevard NW Facts & Features

  • Type Vacant Land
  • Lot 0.71 Acres

Details

General

Association/HOA

  • Association Fee: $1,884.00
  • Association Fee Frequency: Semi-Annually
  • Association Fee Includes: Common Area Maintenance, Road Maintenance

School Information

  • School District: Peninsula
  • Elementary School: Evergreen Elem
  • Middle Or Junior School: Key Peninsula Mid
  • High School: Peninsula High

Building Information

  • Building Name: Herron Island Division # 4

Location/Region

  • Country: US
  • County Or Parish: Pierce
  • MLS Area Major: 4 - Key Peninsula South
  • Subdivision Name: Herron Island

Community/Development

  • Community Features: Athletic Court, Boat Launch, Community Well, Park, Playground, Trail(s)

Tax Information

  • Tax Annual Amount: $362.59
  • Tax Year: 2026

General Information

  • Listing Terms: Cash
  • Parcel Number: 4450400201
  • Possible Use: Residential
  • Property Sub Type: Land
  • Property Type: Land
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Beds/Baths

  • Bedrooms Upper: 0

Building Interior

  • Building Area Total: 0
  • Building Area Units: Square Feet
  • Calculated Square Footage: 0
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0

General Information

  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Heating: No
  • Living Area: 0
  • Main Level Bathrooms: 0

Exterior

Lot Information

  • Irrigation Water Rights: No
  • Lot Size Acres: 0.7062
  • Lot Size Square Feet: 30762
  • Lot Size Units: Square Feet
  • Property Features: Evergreens,Lightly Treed,Partially Cleared
  • Road Surface Type: Gravel
  • Topography: Level, Sloped
  • Elevation Units: Feet
  • Water Source: Community Well, On Property

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Structure Type: None

General Information

  • Carport: No
  • Electric On Property: Yes
  • Sewer: Not Available
  • Utilities: Electricity Connected, Septic Design Applied

730 E Madrona Boulevard NW Neighborhood

Community

98349 (Lakebay) Demographics

42
Median Age
121
Population Density (per sq. mile)
34%
College Educated
$73,308
Estimated Median Income
1,802
Estimated Total Home Owners
258
Estimated Total Renters
87% / 13%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

730 E Madrona Boulevard NW Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

730 E Madrona Boulevard NW Market Data

Based on the last 30 days in this zip code

$637,771
Average List Price
$341
Average Price per Square Foot
8
Properties Sold
81
Average Days on Market
56
Properties for Sale
Calculations provided by Reliance Network

730 E Madrona Boulevard NW History

Date Event Value Agent
6/25/2026Source: NWMLS Added to Database
June 25, 2026
8/28/2023Source: NWMLS Status Change
Sold
8/11/2023Source: NWMLS Status Change
Pending
6/30/2023Source: NWMLS Added to Database
June 30, 2023