Active

$349,900

For sale

22504 Ma••••• Dr NW (Sign up for 50 free credits to unlock)Lakebay, WA 98349

3Beds

2Baths

1,056Sq Ft Living

15,838Sq Ft Lot

1968Year Built

Property Description

Welcome to your fully reimagined Herron Island retreat. Thoughtfully remodeled from top to bottom, this stunning 3-bedroom, 2-bath home offers 1,056 sq ft of stylish and functional living space in one of the Pacific Northwest's most unique private island communities. Nearly every surface has been updated, creating a fresh, move-in-ready home that perfectly blends modern comfort with laid-back island charm. The open-concept layout is filled with natural light and designed for easy everyday living or weekend escapes. Updated finishes throughout give the home a clean, modern feel, while the spacious lot offers privacy, tranquility, and room to enjoy the outdoors. Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this home offers the perfect balance of comfort and island living. Located on private ferry-access Herron Island, residents enjoy access to community beaches, parks, trails, seasonal docks, and a boat launch-all surrounded by the natural beauty of the Puget Sound. A rare opportunity to own a turnkey island home where everything has already been done for you. Seller will provide a 12-month home warranty with an acceptable offer for added peace of mind. Be sure to ask about potential seller-paid closing cost assistance!

Property Facts & Features

Property Type: Single Family
Status: Active
Listed: May 5, 2026
Price per Sq Ft: $331/sqft
ZIP Code: 98349
Full Baths: 1
Stories: 1
Parking: Driveway Parking, Off Street, RV Parking
Heating: Baseboard
Construction: Cement Planked, Wood, Cement Planked, Wood
HOA Fee: $313/mo
Property Tax (2026): $1,497/yr
Assessed Value: $160,700
Last Sold: $56,750 · Nov 12, 2020
County: Pierce
School District: Peninsula School District

Estimated Value

$338,000Range $235,436 to $397,900

Automated estimate. Not an appraisal.

Features & Amenities

Bedrooms

Bedrooms: 3
Bedrooms On Main Level: 3
Primary Bedroom Level: Main
Bedroom 1 Level: Main
Bedroom 2 Level: Main

Bathrooms

Total Bathrooms: 1.75
Full Bathrooms: 1
3/4 Bathrooms: 1
Bathrooms On Main Level: 2
Three Quarter Bathrooms On Main Level: 1
Full Bathrooms On Main Level: 1

Land Info

Land Lease: No
Lot Size Acres: 0.3636
Lot Size Dimensions: 80' x 200'
Topography: Level, Partial Slope, Steep Slope
Vegetation: Garden Space
Lot Size Square Feet: 15840

Utilities

Power Production Type: Electric
Sewer: Septic Tank
Water Source: Community

Appliances

Dishwasher
Dryer
Microwave
Refrigerator
Stove(s)/Range(s)
Washer

Other Rooms

Bathroom - Full Level: Main
Bathroom - Three Quarter Level: Main
Den/Office Level: Main
Entry Level: Main
Kitchen With Eating Space Level: Main
Utility Room Level: Main
Living Room Level: Main

Home Features

View: Partial, Territorial
Security Features: Partially Fenced

Interior Features

Bath Off Primary, Dbl Pane/Storm Window, French Doors, Water Heater
Flooring: Laminate, Wall to Wall Carpet

Garage and Parking

Covered Spaces: 0
Open Parking: No
Parking Features: Driveway Parking, Off Street, RV Parking

School Information

Elementary School: Evergreen Elem
High School: Peninsula High
High School District: Peninsula
Middle School: Key Peninsula Mid
School District: Peninsula

Heating and Cooling

Heating Features: Baseboard
Heating Fuel: Electric
Heating: Yes
Number of Fireplaces: 0
Water Heaters: Electric

Other Property Info

Annual Tax Amount: 1497
Source Listing Status: Active
County: Pierce
Directions: Hwy 16, Purdy exit. Key Peninsula Hwy to the town of Home, turn R (immediately after USPS) on Herron Road follow 3 miles to the ferry. Off island, up hill, stay L. Follow road to Yew Blvd - see signs.
Tax Year: 2026
Inclusions: Dishwasher(s), Dryer(s), Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Area: 4 - Key Peninsula South
List Development Name: Herron Island
Source Neighborhood: Herron Island
Parcel Number: 4450200800
Subdivision: Herron Island
Zoning: Rural 10

Homeowners Association

Association: Yes
Association Fee: 1880
Association Fee Frequency: Semi-Annually
Association Fee Includes: Common Area Maintenance, Road Maintenance
Calculated Total Monthly Association Fees: 313

Building and Construction

Total Square Feet Living: 1056
Year Built: 1968
Building Area Total: 1056
Building Area Units: Square Feet
Building Name: Herron Island Division # 2
Construction Materials: Cement Planked, Wood, Cement Planked, Wood
Direction Faces: South
Entry Location: Main
Foundation Details: Concrete Ribbon, Pillar/Post/Pier
Levels: One
Property Age: 58
Property Condition: Updated/Remodeled
Roof: Composition, Torch Down
Levels or Stories: One
Structure Type: House
House Style: 1 Story
Total Area Sqft: 1056
Elevation Units: Feet
Year Built Effective: 2026

Exterior and Lot Features

Deck
Fenced-Partially
RV Parking
Deck: Yes

Waterfront and Water Access

Water Features: Community Waterfront/Pvt Beach

Price & Event History

Date	Event	Price	$/Sq Ft
Jul 10, 2026	Price Changed	$349,900	$331
May 5, 2026	Listed	$364,950	$346
Nov 12, 2020	Sold	$56,750	$54
Aug 20, 2020	Listing removed	-	-
Aug 4, 2020	Listed	$85,000	$80
Nov 26, 2002	Sold	$80,000	$76

Property Tax History

Year	Tax	Assessed	Land	Building	Market
2026	$1,497	$160,700	$112,600	$48,100	$160,700
2025	$1,427	$160,700	$112,600	$48,100	$160,700
2024	$1,388	$146,900	$102,900	$44,000	$146,900
2023	$1,242	$135,300	$95,000	$40,300	$135,300
2022	$1,101	$101,700	$69,600	$32,100	$101,700
2021	$1,059	$91,400	$60,500	$30,900	$91,400
2020	$1,685	$145,600	$45,300	$100,300	$145,600
2019	$1,357	$124,200	$43,100	$81,100	$124,200
2018	$313	$98,300	$33,300	$65,000	$98,300
2017	$303	$94,300	$30,600	$63,700	$94,300
2016	$394	$109,000	$35,100	$73,900	$109,000
2015	$406	$111,500	$37,900	$73,600	$111,500