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$317,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 1 Bed
  • 1 Full Bath
  • 864 Sq. Ft.
  • Updated 10 hours ago

Listed by Christopher Floyd | Morrison House Sotheby's Intl | (253) 581-5100

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Hop on the ferry, watch the mainland shrink behind you, and arrive somewhere most people never find. Herron Island is one of the few remaining private islands in Puget Sound, a close-knit community of just over 100 residents where eagles fly overhead, deer wander freely, and the outside world genuinely feels far away. Spend your days exploring North Beach Park, walking the natural shoreline of South Beach, or unwinding at Goodpastor Park. It is the kind of place people stumble onto and never stop thinking about. This 1 bed, 1 bath bungalow plus bonus room sits on just over a half-acre, one of the larger buildable lots on the island, and has been thoughtfully improved with a full gut renovation of the kitchen and bathroom and all-new appliances. The groundwork for a little homestead life is already here, a deer-proof fenced garden area where dahlias once flourished and a chicken coop ready for new tenants. Use it as your personal escape, rent it out while you are away, or hold it and build something bigger down the road. HOA covers water. Access via the community ferry "Charlie Wells," a 10-minute crossing that makes all the difference. Step off the ferry and you will pass a general store currently under construction, close enough that your ice cream won't have a chance to melt.

Full Property Details for 406 E Madrona Dr

General

  • Price: $317,000
  • HOA FEE: $315/month
  • Taxes: $2,131 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2463344
  • Updated: 2/19/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Fireplace
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Wood Burning
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Laminate

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedrooms Upper: 1

Additional Information

  • Amenities: Deck, Fenced-Partially, Green House, Outbuildings
  • Security/Safety: Partially Fenced

Parking

  • Parking Features: Driveway, Off Street

Location

  • Area: 4 - Key Peninsula South
  • County: Pierce
  • Subdivision: Herron Island
  • Driving Directions: When you get off the ferry, follow Ferry St NW to E Madrona Blvd NW and go left - follow to address.

School Information

  • High School District: Peninsula
  • Elementary School: Buyer To Verify
  • Middle School: Key Peninsula Mid
  • High School: Peninsula High

Community

  • Association: Yes
  • Assoc. Fees Include: Road Maintenance, See Remarks, Water

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Ductless
  • Heating Type: Ductless

Utilities

  • Sewer: Septic Tank
  • Water: Community

Structural Information

  • Structure Type: House
  • Exterior Const.: Wood
  • Basement Desc.: None
  • Foundation: Block
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 864
  • Finished Total: 864 Sq. Ft.
  • Year Built: 1982

Lot Features

  • Lot Size (Acres): 0.5877
  • Lot Size (Sq. Ft.): 25,600
  • Lot Size Source: Realist
  • Topography: Level
  • Trees/Vegetation: Fruit Trees, Garden Space

Financial Considerations

  • Association Fee: $315
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $2,131
  • Tax Year: 2025
  • Terms: Cash, Conventional, Rehab Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 4450500661

Listed by Christopher Floyd | Morrison House Sotheby's Intl | (253) 581-5100

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Schools serving 406 E Madrona Dr

School District:Peninsula School District
NameGradesDistance
Evergreen Elementary School, Lakebay, WA
1820 Key Peninsula Hwy KPS, Lakebay, WA 98349
PK-53.4 mi
Vaughn Elementary School
17521 Hall Road Northwest, Vaughn, WA 98394
PK-56.6 mi
Artondale Elementary School
6219 40th Street Northwest, Gig Harbor, WA 98335
PK-510.3 mi
Key Peninsula Middle School
5510 Key Peninsula Hwy N, Lakebay, WA 98349
6-84.8 mi
Peninsula High School
14105 Purdy Drive, Gig Harbor, WA 98332
9-1213.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 406 E Madrona Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/19/2026
Listed
$317,000
40.89%
MLS
4/01/2024
Sold
$225,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 406 E Madrona Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,131
4%
$242,800
8%
2024
$2,049
12%
$224,700
9%
2023
$1,823
12%
$206,600
31%
2022
$1,628
3%
$157,300
10%
2021
$1,578
12%
$142,800
19%
2020
$1,409
35%
$119,500
14%
2018
$1,044
—
$104,500
26%
2018
$1,044
8%
$82,800
6%
2017
$971
-16%
$78,300
-13%
2016
$1,159
1%
$90,300
5%
2014
$1,146
—
$85,700
1%
2014
$1,146
—
$85,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Christopher Floyd | Morrison House Sotheby's Intl | (253) 581-5100

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406 E Madrona Drive, Herron Island, WA 98349 (MLS# 2463344) is a Single Family property with 1 bedroom and 1 full bathroom. 406 E Madrona Drive is currently listed for $317,000 and was received on February 19, 2026. Want to learn more about 406 E Madrona Drive? Do you have questions about finding other Single Family real estate for sale in Herron Island? You can browse all Herron Island real estate or contact a Coldwell Banker agent to request more information.

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