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$685,000 Sale Pending

  • For Sale
  • Pending
  • Townhouse
  • 2 Beds
  • 2 Partial Baths
  • 1,002 Sq. Ft.
  • Updated 2 days ago

Listed by Laurel Powell | Realogics Sotheby's Int'l Rlty | (206) 842-0842

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Two units, one remarkable opportunity. Whether you envision a live+work setup, two income-producing short-term rentals, or your own private island getaway, this property delivers - and the HOA was specifically drafted to allow it. The ground floor studio features a private fenced area, kitchenette, laundry, and ¾ bath. Above, a stylish 1-bedroom spans two stories and includes heated bathroom floors, laundry, and a stunning great room with soaring ceilings, a wall of windows framing native Douglas Firs, and a modern kitchen with quartz counters, tiled backsplash, and cabinetry in a unique neutral palette. An oversized covered deck extends the living space and feels like a treehouse. Top-nailed pine and polished concrete floors bring urban loft vibes to the heart of charming, quiet Winslow. Both units have private exterior entries. A tree-lined trail just outside leads to Winslow's dining, shopping, galleries, and entertainment, with paved bike lanes and sidewalks also connecting you to the ferry and town. Low HOA dues. Fiber internet, solar-ready, and ICF construction with a low-maintenance exterior keep this package smart and efficient. An affordable option without compromise on quality is rare on Bainbridge, rarer still with this kind of flexibility. Imagine the possibilities!

Full Property Details for 203 Madrona Way NE #F-1

General

  • Price: $685,000
  • HOA FEE: $383/month
  • Taxes: $5,091 (2026)
  • Status: Pending
  • Type: Townhouse
  • Source: NWMLS
  • MLS ID: 2543650
  • Updated: 7/8/2026
  • Added to Site: 17 day(s) ago

Rental Information

  • Short Term: Yes

Interior

  • Interior Features: Dbl Pane/Storm Window, High Tech Cabling, Vaulted Ceiling(s), Water Heater
  • Appliances: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Flooring: Ceramic Tile, Concrete, Softwood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • 3/4 Bathrooms: 2
  • Upper - 3/4 Baths: 1

Bedrooms

  • Total Bedrooms: 2
  • Bedrooms Upper: 2

Additional Information

  • Amenities: Deck, Dog Run, Electric Car Charging, Fenced-Partially, High Speed Internet, Patio
  • Security/Safety: Partially Fenced

Parking

  • Uncovered Spaces: 1
  • Parking Features: Driveway

Location

  • Area: 170 - Bainbridge Island
  • County: Kitsap
  • Subdivision: Winslow
  • Driving Directions: GPS friendly. Park along Madrona (parallel parking), in unit parking spot (east side of building, 3rd from north), or guest parking (marked)
  • Direction Faces: North

School Information

  • High School District: Bainbridge Island
  • Elementary School: Ordway Elem
  • Middle School: Buyer To Verify
  • High School: Bainbridge Isl

Community

  • Association: Yes
  • Assoc. Fees Include: Common Area Maintenance, Earthquake Insurance, Internet, Road Maintenance, Trash

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: 90%+ High Efficiency, Ductless, Heat Pump
  • Heating Type: 90%+ High Efficiency, Ductless, Heat Pump, Radiant
  • Water Heater: electric

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Architectural Style: Modern
  • Structure Type: Townhouse
  • Builder: Clark Construction
  • Exterior Const.: Cement/Concrete, Metal/Vinyl, See Remarks, Wood
  • Basement Desc.: None
  • Foundation: Slab
  • Roof: Composition
  • Entry Location: Upper (2nd Floor)
  • Square Feet: 1,002
  • Finished Total: 1,002 Sq. Ft.
  • Year Built: 2018
  • Property Condition: Very Good

Lot Features

  • Property View: Territorial
  • Lot Size (Acres): 0.02
  • Lot Size (Sq. Ft.): 871
  • Lot Size Source: County
  • Lot Dimensions: 39.16 x 27.25
  • Topography: Level, Partial Slope
  • Lot Features: Adjacent to Public Land, Corner Lot, Curbs, Dead End Street, Paved, Sidewalk

Green Features

  • Energy Efficient: Insulated Concrete Form (ICF)

Financial Considerations

  • Association Fee: $383
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $5,091.84
  • Tax Year: 2026
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Property ID: 56440000010000

Listed by Laurel Powell | Realogics Sotheby's Int'l Rlty | (206) 842-0842

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Schools serving 203 Madrona Way NE #F-1

School District:Bainbridge Island School District
NameGradesDistance
Ordway Elementary School
8555 North Madison Avenue Northeast, Bainbridge Island, WA 98110
PK-41.8 mi
Woodward Middle School
9100 Sportsman Club Road Northeast, Bainbridge Island, WA 98110
7-81.4 mi
Bainbridge High School
9330 High School Road Northeast, Bainbridge Island, WA 98110
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 203 Madrona Way NE #F-1 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/24/2026
Listed
$685,000
3.01%
MLS
10/23/2024
Sold
$665,000
—
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 203 Madrona Way NE #F-1

Year
Property Taxes
Change
Tax Assessment
Change
2026
$5,092
2%
$603,730
-5%
2025
$5,015
5%
$636,720
—
2024
$4,791
-4%
$636,720
—
2023
$5,011
-4%
$636,720
9%
2023
$5,239
-5%
$584,420
13%
2021
$5,500
—
$516,310
-6%
2021
$5,500
4%
$546,580
172%
2020
$5,276
82%
$201,200
62%
2019
$2,892
28%
$124,090
100%
2018
$2,263
—
—
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 Laurel Powell | Realogics Sotheby's Int'l Rlty | (206) 842-0842

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203 Madrona Way NE #F-1, Bainbridge Island, WA 98110 (MLS# 2543650) is a Townhouse property with 2 bedrooms, 0 full bathrooms and 2 partial bathrooms. 203 Madrona Way NE #F-1 is currently listed for $685,000 and was received on June 24, 2026. Want to learn more about 203 Madrona Way NE #F-1? Do you have questions about finding other Townhouse real estate for sale in Bainbridge Island? You can browse all Bainbridge Island real estate or contact a Coldwell Banker agent to request more information.

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