About this home

Rare opportunity to own a peaceful and private waterfront retreat on Lake Margaret in Duvall! With approximately 70 feet of low-bank waterfront and 11,552 square feet (.265 acres), this property offers endless possibilities. The existing 16' x 16' rustic cabin with a wood stove provides a cozy escape today, or serves as the perfect starting point for your vision. The home has electricity and water but no septic or sewer. Remodel, expand, or build your dream waterfront home or vacation getaway. Enjoy all that Lake Margaret has to offer, including two community beach lots and access to a public boat launch for electric motor boats. Spend your days swimming, fishing, paddleboarding, kayaking, or simply relaxing and taking in the tranquil lake views. Whether you're looking for a weekend retreat or an exceptional homesite, this unique waterfront property offers the opportunity to create something truly special.

Location

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Basics

Property type: Single Family Residence
Style: 1 Story
Stories: 1 story
Condition: Restored
Year built: 1962
Lot size: 11,552 sq ft (0.27 acres)
County: King
MLS #: NWM2554508

Interior

Heating: Stove/Free Standing
Cooling: None
Flooring: Softwood
Appliances: Refrigerator
Fireplace: 1 · Wood Burning
Interior features: Dbl Pane/Storm Window, Fireplace, Vaulted Ceiling(s)
Entry level: Main

Exterior & lot

Exterior features: Wood
Roof: Composition
Foundation: Pillar/Post/Pier
Lot features: Paved, Secluded
Topography: Partial Slope
View: Lake, Mountains, Territorial
Waterfront: Yes

Parking

Parking features: Driveway, RV Parking

Utilities

Water: Public
Sewer: None
Power: Electric, Wood

Community & fees

Subdivision: Duvall
Property tax: $3,372 (2026)

Transaction

Original list price: $360,000 (5.6% price cut)
Listed on: Jul 15, 2026
Days on market: 67
Price per sq ft: $1,789
Listing terms: Cash
Possession: Closing

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Schools

School district: Riverview

High: Cedarcrest High School
SchoolDigger 5 stars · Top 9% in WA

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Listing provided courtesy of: Windermere Real Estate Central

Listing agent: Andy Keating.

Based on information submitted to the MLS GRID as of —. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Data last updated 2026-09-01.