$419,500 Price Analysis    ♡   Lakebay, WA 98349 2 bed 1 bath 616 SqFt ($681/SqFt) 0.41 acre lot. Built 1950 Listed 2024-05-13, HOA $320, Taxes $2,891 | ✓ USDA Eligible near Lakebay, WA |
Welcome to this perfectly perched WATERFRONT cabin!
Rare 60 feet of beachfront with tidal rights hit the market for the first time in over 35 years. Escape to peaceful and private Herron Island with its own community ferry! This east facing cabin features 616 sq. ft. of living space with vaulted ceiling to include 2 bedrooms and a 3/4 bathroom. It is move-in ready with ample potential for refreshing or design/build your dream home - septic was replaced in 2012 and sizd for 3 bedrooms!
Sit out on the large deck for morning coffee to enjoy the sunrise & to soak in the view! Steps down to your own beach with the property protected by a granite r ock bulkhead! Large parking area off the road paves the possibility for a detached garage/ADU.
Presented by Karen Dorans at
Better Properties Gig Harbor.
Property MLS #2218707 from NWMLS
Bedrooms Possible: 3
Bedrooms On Main Level: 2
Bedroom 1 Level: Main
3/4 Bathrooms: 1
Bathrooms On Main Level: 1
Three Quarter Bathrooms On Main Level: 1
Bathroom 1 Level: Main
Flooring: Vinyl
StovesRanges_
Heating Fuel: Electric
Heating: Yes
Water Heaters: Electric
Living Room Level: Main
Wood Products
Bank-Medium
Bulkhead
Saltwater
Waterfront Feet: 60
Lot Size Acres: 0.4063
Topography: Level, PartialSlope, Sloped, SteepSlope
Vegetation: Garden Space
Lot Size Square Feet: 17700
Association Fee: 320
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 320
Association Phone: 2538849350
High School: Peninsula High
High School District: Peninsula
Middle School: Key Peninsula Mid
Map directions Map directions Map directionsSource Listing Status: Active
Country Region: US
County: Pierce
Directions: Hwy 16, Purdy exit. Key Peninsula Hwy for 13 miles to Home. Turn right on Herron Road follow 3 miles to the ferry. Up hill, stay left to cabin. Park and walk down to cabin or backdown in AWD.
Tax Year: 2024
Source Property Type: Residential
Inclusions: Refrigerators, StovesRanges, LeasedEquipment
Area: 4 - Key Peninsula South
List Development Name: Herron Island
Source Neighborhood: Herron Island
Parcel Number: 4450000120
Street Suffix Modifier: Boulevard
Subdivision: Herron Island
Zoning Description: Rural 10
Lot Number: 12
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $73,700 + $264,200 $337,900 | $2,891 |
| 2022 | $54,200 + $198,200 $252,400 | $2,527 |
| 2021 | $55,600 + $172,800 $228,400 | $2,441 |
| 2020 | $52,800 + $156,800 $209,600 | $2,361 |
| 2019 | $49,700 + $147,900 $197,600 | $2,079 |
| 2018 | $31,400 + $100,600 $132,000 | $1,583 |
| 2017 | $31,400 + $100,600 $132,000 | $1,546 |
| 2016 | $35,900 + $115,400 $151,300 | $1,858 |
| 2015 | $34,300 + $110,600 $144,900 | $1,813 |
| 2014 | $36,600 + $114,700 $151,300 | $1,947 |
| 2013 | $35,900 + $143,400 $179,300 | $2,289 |
| 2012 | $42,100 + $163,900 $206,000 | $2,263 |
| 2011 | $48,700 + $196,700 $245,400 | $2,463 |
| 2010 | $45,500 + $209,000 $254,500 | $2,331 |
| 2008 | $46,200 + $245,800 $292,000 | $2,469 |
| 2007 | $58,400 + $224,000 $282,400 | $2,047 |
$419,500
NWMLS
Listed 2024-05-13
$439,500
NWMLS
Sold 1988-10-18
$45,000
Public Record
Building Area Total: 616
Building Area Units: Square Feet
Building Features: Built On Lot, Detached
Building Name: Herron Island Division # 1
Direction Faces: East
Entry Location: Main
Levels: One
Living Area Units: Square Feet
Property Age: 74
Property Condition: Good
Roof: Metal
Structure Type: House
House Style: 1 Story
Elevation Units: Feet
Year Built Effective: 1979
Architectural Style: Cabin
Sewer: Septic
Water Source: Community
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.