$4,050,000
SOLD DEC 20, 2024

11700 Arrow Point Dr NE Bainbridge Island, WA 98110

3 Beds
3.5 Baths
3,644 Sq Ft
6.23 Acres

Recently Sold

$1,111 Per Sq Ft

5% Below List Price

71 Days on Market

Highlights

  • Low Bank Waterfront Property
  • Docks
  • Deck
  • Bainbridge High School Rated A
  • Bay View
  • Wood Burning Stove

About This Home

As of December 2024

Manzanita Bay Retreat on Acreage with Deep-Water Dock ~ A winding drive through a lush gated forest welcomes you to 213' of low-bank bulkheaded waterfront with a newly rebuilt 40'x20' float (12' @ 0' tide), accommodating up to a ~60' boat year-round. Spanning 6.23 acres, it offers more land than any other waterfront offering on Bainbridge in the last 5 years and ranks in the top 10 ever listed. Create your dream multigenerational compound by developing the vacant waterfront lot using the existing 2-party well, create further subdivisions, or simply enjoy all the privacy and elbow room. The recently remodeled NW Contemporary home features an open floorplan and bay views from nearly every room. Has only changed hands once in nearly a century!

Last Agent to Sell the Property

Matthew Paige

Realogics Sotheby's Int'l Rlty License #125300 Listed on: 08/27/2024

Realogics Sotheby's Int'l Rlty

Co-Listed By

Danny Varona

Realogics Sotheby's Int'l Rlty License #96228

Last Buyer's Agent

Matthew Paige

Realogics Sotheby's Int'l Rlty License #125300 Listed on: 08/27/2024

Realogics Sotheby's Int'l Rlty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2282627

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,642

Year Built

  • Built in 1991

Lot Details

  • 6.23 Acre Lot
  • Low Bank Waterfront Property
  • 213 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • Street terminates at a dead end
  • East Facing Home
  • Gated Home
  • Brush Vegetation
  • Sloped Lot
  • Irrigation
  • Wooded Lot
  • Garden

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Poured Concrete
  • Shake Roof
  • Wood Siding

Interior Spaces

  • 3,644 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • 2 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • French Doors
  • Dining Room
  • Bay Views
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Bulkhead
  • Docks
  • Deck
  • Gazebo
  • Outbuilding

Schools

  • Bainbridge Isl High School

Utilities

  • Forced Air Heating and Cooling System
  • High Efficiency Heating System
  • Radiant Heating System
  • Generator Hookup
  • Propane
  • Private Water Source
  • Hot Water Circulator
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Arrow Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08250240242001

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,642

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1991
  • Buyer Agency Compensation: 2.5
  • Inclusions: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,LeasedEquipment,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3644
  • SeniorExemption: false
  • DetachedDwellingSqFtFinished: 0
  • Special Features: None
  • Cumulative Days on Market: 371

Interior Features

  • Fireplaces: 2
  • Basement: None
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Hardwood, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wall to Wall Carpet, Water Heater, Wired for Generator
  • Living Area: 3644
  • Main Level Bathrooms: 2
  • Bathrooms: 3.25
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 3644
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 2
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher(s),Double Oven,Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 2
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Cedar Shake
  • View: Bay
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Bank-Low, Bank-Medium, Bay/Harbor, Bulkhead, Saltwater
  • Waterfront: Yes
  • Direction Faces: East
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterfrontFootage: 213
  • WaterAccess: Tideland Rights

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage
  • Total Parking Spaces: 3

Utilities

  • Sewer: Septic Tank
  • Water Source: Private, See Remarks
  • Security: SecurityGate
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: 90%+ High Efficiency, Forced Air, Hot Water Recirc Pump, Insert, Radiant, Stove/Free Standing
  • Heating Yn: Yes
  • PowerCompany: Puget Sound Energy
  • SewerCompany: N/A
  • WaterCompany: N/A
  • WaterHeaterLocation: Garage
  • WaterHeaterType: On demand - propane
  • CableConnected: Comcast
  • InternetConnected: Comcast

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Bainbridge Island
  • High School: Bainbridge Isl
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 08250240242001
  • Topography: Partial Slope
  • Land Lease: No
  • Lot Size Acres: 6.2304
  • Lot Size Sq Ft: 271397
  • Zoning Description: R-1
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,Dock,Gated Entry,High Speed Internet,Irrigation,Moorage,Outbuildings,Propane
  • MLSLotSizeSource: County Records
  • MLSSquareFootageSource: County Records
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric, Propane, Wood

Tax Info

  • Year: 2024
  • Tax Annual Amount: 27642
  • AdditionalTaxIds: 08250240612005

Multi Family

  • EnergySource: Electric,Propane,Wood

MLS Schools

  • Elementary School: Buyer To Verify

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2024
Closed on
Dec 18, 2024
Sold by
Srinivasan Family Revocable Trust and Subramanian Srinivasan
Bought by
A11 Llc
Seller's Agent
Matthew Paige
Realogics Sotheby's Int'l Rlty
Buyer's Agent
Matthew Paige
Realogics Sotheby's Int'l Rlty
List Price
$4,242,000
Sold Price
$4,050,000
Premium/Discount to List
-$192,000
-4.53%
Views
27
Current Estimated Value
$3,526,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$523,535
Avg. Annual Appreciation
-21.39%
Original Mortgage
$3,037,500
Outstanding Balance
$3,029,671
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$467,303

Purchase Details

Closed on
Apr 8, 2022
Sold by
Subramanian and Sangeetha
Bought by
Srinivasan Family Revocable Trust

Purchase Details

Listed on
Oct 27, 2016
Closed on
May 23, 2017
Sold by
Pace Gene A and Peace Nancy Lou
Bought by
Subramanian Srinivasan and Suryanarayanan Sangeetha
Seller's Agent
Eileen Black
John L. Scott, Inc.
Buyer's Agent
Beth Billington
Coldwell Banker Bain
List Price
$3,200,000
Sold Price
$2,575,000
Premium/Discount to List
-$625,000
-19.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$1,775,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,050,000 Aegis Land Title
Warranty Deed $4,050,000 Aegis Land Title
Warranty Deed $313 None Listed On Document
Warranty Deed -- Chicagp Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,037,500 New Conventional
Closed $3,037,500 New Conventional
Previous Owner $1,775,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Sold $4,050,000 -4.5% $1,111 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
08/27/2024 08/27/24 For Sale $4,242,000 +64.7% $1,164 / Sq Ft
05/26/2017 05/26/17 Sold $2,575,000 -14.0% $707 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
03/08/2017 03/08/17 Price Changed $2,995,000 -6.4% $822 / Sq Ft
10/27/2016 10/27/16 For Sale $3,200,000 -- $878 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,568 $3,087,880 $1,412,720 $1,675,160
2024 $23,473 $3,087,880 $1,412,720 $1,675,160
2023 $19,788 $2,485,150 $1,130,180 $1,354,970
2022 $18,388 $1,966,190 $1,008,650 $957,540
2021 $19,275 $1,966,190 $1,008,650 $957,540
2020 $18,627 $1,873,260 $957,110 $916,150
2019 $16,390 $1,679,900 $854,050 $825,850
2018 $16,733 $1,464,270 $736,240 $728,030
2017 $15,056 $1,464,270 $736,240 $728,030
2016 $15,541 $1,434,570 $790,700 $643,870
2015 $13,921 $1,310,770 $716,720 $594,050
2014 -- $1,167,050 $633,490 $533,560
2013 -- $1,167,050 $633,490 $533,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2282627

Northwest Multiple Listing Service (NWMLS)

APN: 082502-4-024-2001