Opportunity knocks to own a spectacular piece of medium/high-bank waterfront, complete with tidelands and a beautiful beach below. This west-facing property offers front-row views of the Olympic Mountains and some of the most breathtaking sunsets you'll ever experience. The existing A-frame cabin is in poor condition and is being sold AS-IS, presenting the perfect opportunity to build your dream waterfront retreat. The current 1-bedroom septic system was last inspected in August 2024 with no issues. Much of the groundwork has already been completed, included a recorded survey, a geotechnical (GEO)report, and a design for a new 3-bedroom septic system. Please note that the septic design approval expired in August 2022 and will require a new application with the Health Department. Situated on a generous 0.44 acre (19,370 sq. ft.) lot, the property features a fence along the north boundary and a staircase leading to the beach below (staircase may require repairs). Bring your vision and create the waterfront home you've always dreamed of in this exceptional location on a private island with its own community ferry!
Pending
Listed by: Better Properties Gig Harbor • Karen D. Dorans
$285,000
922 W Herron Boulevard NW, Lakebay, WA 98349
1beds
664sqft
Single Family Residence
Built in 1965
0.44 Acres Lot
$273,700 Zestimate®
$429/sqft
$314/mo HOA
What's special
Breathtaking sunsetsBeautiful beach belowWest-facing property
- 46 days |
- 795 |
- 61 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Karen D. Dorans,
Better Properties Gig Harbor,
Paige DeClue,
Better Properties Gig Harbor
Source: NWMLS as distributed by MLS GRID,MLS#: 2546666
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
Primary bedroom
- Level: Second
Bathroom three quarter
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Heating
- None, Electric
Cooling
- None
Appliances
- Included: Refrigerator, Refrigerator(s), Water Heater: Electric, Water Heater Location: Bathroom
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 664
- Total interior livable area: 664 sqft
Property
Parking
- Parking features: Off Street, RV Parking
Features
- Levels: One and One Half
- Stories: 1
- Entry location: Main
- Patio & porch: Water Heater
- Has view: Yes
- View description: Mountain(s), See Remarks, Sound, Territorial
- Has water view: Yes
- Water view: Sound
- Waterfront features: Medium Bank, Saltwater, Sound
- Frontage length: Waterfront Ft: 70
Lot
- Size: 0.44 Acres
- Dimensions: 60 x 298 x 70 x 296
- Features: Value In Land, Deck, Fenced-Partially, Moorage, RV Parking
- Topography: Level,Partial Slope,Sloped,Steep Slope
- Residential vegetation: Garden Space
Details
- Parcel number: 4450200110
- Zoning: Rural 10
- Zoning description: Jurisdiction: County
- Special conditions: Standard
- Other equipment: Leased Equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: A-Frame,1 1/2 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding, Wood Products
- Roof: Metal
Condition
- Fixer
- Year built: 1965
- Major remodel year: 1981
Utilities & green energy
- Electric: Company: Peninsula Light Company
- Sewer: Septic Tank, Company: N/A - Septic
- Water: Community, Company: Herron Island Water Dept
- Utilities for property: No Current Service, No Current Service
Community & HOA
Community
- Features: Athletic Court, Boat Launch, Park, Playground, Trail(s)
- Subdivision: Herron Island
HOA
- Services included: Common Area Maintenance, Road Maintenance
- HOA fee: $1,884 semi-annually
- HOA phone: 253-884-9350
Location
- Region: Lakebay
Financial & listing details
- Price per square foot: $429/sqft
- Tax assessed value: $316,400
- Annual tax amount: $2,785
- Date on market: 7/4/2026
- Cumulative days on market: 47 days
- Listing terms: Rehab Loan,See Remarks
- Inclusions: Leased Equipment, Refrigerator(s)
Estimated market value
$273,700
$260,000 - $287,000
$1,467/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/29/2026 | Pending sale | $285,000$429/sqft |
Source:  NWMLS as distributed by MLS GRID #2546666 Report a problem | ||
| 7/4/2026 | Listed for sale | $285,000+68.6%$429/sqft |
Source: NWMLS as distributed by MLS GRID #2546666 Report a problem | ||
| 7/13/2020 | Sold | $169,000$255/sqft |
Source: NWMLS as distributed by MLS GRID #1614438 Report a problem | ||
| 6/13/2020 | Pending sale | $169,000$255/sqft |
Source: Better Properties Gig Harbor #1614466 Report a problem | ||
| 6/13/2020 | Listed for sale | $169,000+30.3%$255/sqft |
Source: Better Properties Gig Harbor #1614466 Report a problem | ||
| 9/11/2018 | Sold | $129,719$195/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,785 +10% | $316,400 +8.5% |
| 2024 | $2,532 -3.3% | $291,700 |
| 2023 | $2,617 +15.1% | $291,700 +11.3% |
| 2022 | $2,273 +13.1% | $262,000 +32.5% |
| 2021 | $2,011 +11.4% | $197,800 +32.8% |
| 2019 | $1,805 +29.9% | $149,000 -12.2% |
| 2018 | $1,389 +1.8% | $169,700 +48.5% |
| 2017 | $1,365 -9.9% | $114,300 -13.9% |
| 2016 | $1,515 | $132,800 +11.2% |
| 2014 | $1,515 +53.4% | $119,400 -4.3% |
| 2013 | $987 | $124,800 -18.6% |
| 2012 | -- | $153,400 -12.8% |
| 2011 | -- | $176,000 -16.9% |
| 2010 | -- | $211,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98349
Nearby schools
GreatSchools rating
- 6/10Evergreen Elementary SchoolGrades: PK-5Distance: 3.7 mi
- 4/10Key Peninsula Middle SchoolGrades: 6-8Distance: 4.8 mi
- 8/10Peninsula High SchoolGrades: 9-12Distance: 13.2 mi
Schools provided by the listing agent
- Elementary: Evergreen Elem
- Middle: Key Peninsula Mid
- High: Peninsula High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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