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819 E Madrona Boulevard NW, Lakebay, WA, 98349

2beds
1baths
801sqft
$230,400
$288price/sqft
$1,640/moest. monthly cost
$65,600/yrincome needed

About This Home

sland living doesn't get more charming than this. Tucked away on the ferry-access-only Herron Island, this 2-bed, 1-bath gem delivers water views, wildlife sightings, and the kind of quiet you didn't know you were missing. The resident deer are so friendly they'll eat right out of your hand — mornings here come with their own welcome committee! The oversized covered deck is made for slow mornings and long evenings, and the resident-only access means your neighborhood stays exactly as peaceful as it looks. This little island escape is ready and waiting — just bring yourself and make it your own. One or more members of Trade In Holdings, LLC and other Trade In Holdings, LLC related entities are licensed real estate agents or licensed real estate brokers in Arizona.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

6/10
4/10
8/10
Peninsula High SchoolGrades 9-1213.0 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1966

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 1993

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin,1 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Refrigerator(s),Washer(s),Water Heater: Electric,Water Heater Location: closet

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Window features: Skylight(s)
  • Flooring: Hardwood,Laminate
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Wall Furnace,Electric,Wood
  • Cooling features: None

Interior Area

  • Total structure area: 801
  • Total interior livable area: 801 sqft

Kitchen Without Eating Space

  • Level: Main

Living Room

  • Level: Main

Property

Details

  • Parcel number: 4450000550
  • Zoning description: Jurisdiction: County
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Fireplace,Skylight(s),Water Heater
  • Has view: Yes
  • View description: Partial
  • Residential vegetation: Garden Space

Lot

  • Lot size: 0.32 Acres
  • Features: Open Lot,Cable TV,Deck,Outbuildings,RV Parking

Parking

  • Total spaces: 1
  • Parking features: Detached Carport,RV Parking
  • Covered spaces: 1
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Pierce County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,165$13,980
Home Insurance *$69$828
Property Taxes $257$3,084
Electricity $149$1,793
Total$1,640$19,680
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$56,228/yr
40% on housing$49,200/yr
45% on housing$43,733/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$288This listing

vs Other Active Listings

Avg $/sqft

ZIP 98349$226
Pierce County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 98349$281
Pierce County$312

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-29Price change$230,400
2026-07-14Price change$240,000
2026-06-30Price change$249,999
2026-06-02Listed for sale$265,000
2026-05-20Sold$265,000
2017-07-27Sold$84,719
2002-02-04Sold$20,000

For Sale by Agent

AgentAnita Monk
BrokerageAmo Realty

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