108 Herron Lane NW Lakebay, WA $ 499,900
108 Herron Lane NW
$ 499,900
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108 Herron Lane NW

Lakebay, WA, 98349
$ 499,900
Bedrooms2 Baths1.0 Sq 1,120

Monthly Estimate*

$ 3,156

Listed by Better Properties Gig Harbor
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Single Family Home for sale in Lakebay, WA

for $499,900 with 2 bedrooms and 1 full bath. This 1,120 square foot home was built in 1974 on a lot size of 0.683.

Experience the best of Pacific Northwest waterfront living from this beautifully updated west-facing cabin, where spectacular sunsets and tranquil water views set the stage for everyday living. This rare property is one of only a handful on Herron Island offering both a private lagoon & tidelands—an exceptional opportunity to own a unique piece of waterfront. Inside, the light-filled 2-bedroom, 1-bath home features vaulted ceilings, skylights, & a wall of windows that showcase the ever-changing waterfront scenery. The open-concept living & dining areas flow effortlessly onto the deck, creating the perfect setting for entertaining or simply relaxing while watching the sun dip behind the Olympic Mountains. A charming petite A-frame trailer adds flexible living space, making an ideal guest retreat, art studio, home office, or cozy getaway. Extensive upgrades provide lasting value & peace of mind, including new metal roofs on all structures, resurfaced & refreshed decking, exterior paint, cable railing, & selective tree clearing. Inside, you'll appreciate updated appliances, tasteful bathroom improvements, replaced windows, & custom sun blinds. Additional features include a loft for extra storage, approx. 240 sq. ft. of storage beneath the deck, & a separate laundry room. Whether you're searching for a full-time residence, a peaceful weekend escape, or a memorable waterfront this exceptional property delivers comfort & an unparalleled island lifestyle—all at an incredible value!

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Single Family Active

Price

$ 499,900

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 4,132

Style

Cabin

Lot Size

0.683

Year Built

1974

Town/City

Lakebay

County/Region

Pierce

MLS | Web ID

2516613

Features
General
Living Area 1120
Sewer Septic Tank
Heating Baseboard Wall Furnace
Cooling None
Possession Closing
Roof Metal
Appliances Dryer Microwave Refrigerator Stove(s)/Range(s) Washer
HOA Fee 1880
Association Fee Includes Common Area Maintenance Road Maintenance See Remarks
Architectural Style Cabin
Year Built 1974
View Mountains See Remarks Sound Territorial
Topography Level Partial Slope Sloped
Levels One and One Half
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Low Bank No Bank Saltwater Sound
Community Features Athletic Court Boat Launch Park Playground Trail(s)
Building Name Herron Island Division # 6
Assoc Fee Paid Per Semi-Annually
County Pierce
New Construction N
Property Type Residential
HOA Y
Attached Garage N
Subdivision Name Herron Island
Facing Direction West
Full Baths 1
Special Listing Conditions None
Status Active
Directions Hwy 16 take Purdy exit follow Key Peninsula Hwy. Take R turn at USPS in Home. Follow for 3 miles to ferry. Off ferry up hill stay L to property. GPS works to address.
High School Peninsula High
City Lakebay
Entry Location Main
Senior Community Y/N N
High School District Peninsula
MLS Area 4 - Key Peninsula South
Lot Size Units Square Feet
Lot Size Square Feet 29750
Carport Y/N Y
Listing Terms Cash Conventional FHA VA Loan
Elementary School Evergreen Elem
Land Lease Y/N N
Tax Annual Amount 4132.33
Middle/Junior High School Key Peninsula Mid
Property Condition Very Good
Public Remarks Experience the best of Pacific Northwest waterfront living from this beautifully updated west-facing cabin where spectacular sunsets and tranquil water views set the stage for everyday living. This r
Structure Type House
Building Area Units Square Feet
Standard Status Active
Water Company Herron Island Water Dept
Property Style 11 - 1 1/2 Story
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Interior
Interior Amenities Ceiling Fan(s) Dbl Pane/Storm Window Dining Room Fireplace Loft Skylight(s) Vaulted Ceiling(s) Water Heater
Flooring Ceramic Tile Hardwood
Total Fireplaces 1
Fireplace Features Wood Burning
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N Y
Half Baths 0
3/4 Baths 0
Total Bedrooms 2
Main Level Bedrooms 2
Total Baths 1
Water Heater Type Electric
Water Heater Location Cabin hallway & storage room
Fireplaces Main 1
Power Production Type Electric Wood
Baths Three Quarter Garage 0
Baths Three Quarter Lower 0
Baths Three Quarter Main 0
Baths Three Quarter Upper 0
Bedrooms Lower 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Half Main 0
Baths Half Lower 0
Baths Half Garage 0
Baths Full Upper 0
Baths Full Main 1
Baths Full Lower 0
Baths Full Garage 0
Bathrooms 1
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Exterior
Exterior Amenities Wood Wood Products
Vegetation Garden Space
Parking Features Detached Carport Driveway Off Street
Water Source Community
Total Parking 1
Inclusions Dryer(s) Leased Equipment Microwave(s) Refrigerator(s) Stove(s)/Range(s) Washer(s)
Foundation Details Concrete Ribbon Pillar/Post/Pier
Building Area Total 1120
Lot Dimensions 70 x 422 x 70 x 424
Lot Size Acres 0.683
Waterfront Y/N Y
Covered Spaces 1
Irrigation Water Rights Y/N N
Waterfront Footage 70
Site Features Deck Patio
Lot Number 13
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Internal Only
OriginalMLSID NWM2516613
Street Number 1 108
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* Excluded Features
List By
Karen D. Dorans

Listing Agent

Better Properties Gig Harbor

Broker

Affordability Calculator

$3,501
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,156
Monthly Property Taxes
$344
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
256816 Elementary School
257425 Middle School
Peninsula High High School
Pricing History
DatePricePrice ChangeDescription
7/30/2026$499,900 -13.06% Price Down
5/1/2026$575,000 Listed Price

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108 Herron Lane NW, Lakebay, WA, 98349 is a Single Family Home for sale at $499,900 with 1,120 sqft and a lot size of 0.683. 108 Herron Lane NW has 2 bedrooms, 1.0 baths, and was built in 1974. The property's zip code is 98349 which is in Lakebay, WA