Listed by Paramount Real Estate Group
$15,000,000

201 Shore Dr Bremerton, WA 98310

Manette Neighborhood

Estimated payment $87,421/month

Total Views 3,302
50 Beds
50 Baths
45,904 Sq Ft
$327 Price per Sq Ft

Highlights

  • Low Bank Waterfront Property
  • 0.87 Acre Lot
  • No HOA
  • Views of a Sound
  • Deck
  • 1-minute walk to H.O. Whitey Domstad Park

About This Home

WATERFRONT ALERT!! Not only is this 50 unit apartment building located on 200 ft of waterfront across from the Seattle Ferry & PSNS but it has an elevator, new roof & UV windows and is furnished. That's right, every apartment is fully furnished for our corporate housing clients. This unique business model allows each of the 1 bed, 1 bath apartments to collect $3,300 a month with 3 units having been upgraded getting $4,500 a month. The building is mere feet away from the water with over 2000 sq ft of patio, 6 gazebos covering the outdoor kitchen with 2 bbqs, 14 ft bar, firepit & more. There is a small gym, 28 cameras, & the rec room has a full kitchen, several seating areas, 70" TV, office & business center. ONCE IN A LIFE TIME PROPERTY!

Listing Agent

Lou Ann Quast

Paramount Real Estate Group License #49805 Listed on: 08/05/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2416288

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $90,030

Year Built

  • Built in 1976

Lot Details

  • 0.87 Acre Lot
  • Low Bank Waterfront Property
  • Home fronts a sound
  • Street terminates at a dead end
  • Partially Fenced Property
  • Property is in good condition

Property Views

  • Views of a Sound
  • City
  • Mountain

Home Design

  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Wood Siding

Interior Spaces

  • 45,904 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 50 Bedrooms
  • 50 Bathrooms

Parking

  • 24 Parking Spaces
  • Open Parking

Outdoor Features

  • Bulkhead
  • Deck
  • Patio
  • Gazebo
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • The Waterside Condos
  • Manette Subdivision

Listing and Financial Details

  • Legal Lot and Block 6,7,8,9 / 9,10
  • Assessor Parcel Number 39130090060005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$90,030

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1976
  • MLS Status: Active
  • Prev Status: Active
  • Building Name: The Waterside
  • New Construction: No
  • CalculatedSquareFootage: 45904
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Possible Bedrooms: 50
  • Total Bedrooms: 50
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Clubhouse,Coin Op Laundry,Elevator,See Remarks,Storage,Thermal Windows

Exterior Features

  • Roof: Flat
  • View: City, Mountain(s), Sound
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront Features: Low Bank, Bulkhead, Saltwater, Sound
  • Waterfront: Yes
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Good
  • Structure Type: Multi Family
  • WaterAccess: Tideland Rights

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 24
  • Open Parking: Yes
  • Total Parking Spaces: 24
  • ParkingUncoveredSpaces: 24

Utilities

  • Sewer: Sewer Connected
  • Water Source: Community
  • Security: Partially Fenced
  • Cooling: Other – See Remarks, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: City of Bremerton
  • WaterCompany: City of Bremerton
  • CableConnected: Xfinity
  • InternetConnected: Xfinity
  • WaterSewerGarbage: 54679

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Bremerton #100c

Lot Info

  • Parcel Number: 39130090060005
  • Lot Size Acres: 0.87
  • Lot Size Sq Ft: 37897
  • Zoning Description: Multi-Family
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cabana/Gazebo,Cable TV,Deck,Fenced-Partially,High Speed Internet,Outbuildings,Patio,Propane
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: City
  • LotNumber: 6,7,8,9

Green Features

  • Efficiency: Thermal Windows
  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 7.67
  • LeasedItems: None
  • TotalMonthlyIncome: 163000

Multi Family

  • Gross Scheduled Income: 1956000
  • Net Operating Income: 1473489
  • Number Of Units Total: 50
  • Electric Expense: 65158
  • Insurance Expense: 65556
  • Leasable Area: 37000
  • EnergySource: Electric
  • UnitsInBuildingTotal: 50
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 90030

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 For Sale $15,000,000 -- $327 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2416288

Northwest Multiple Listing Service (NWMLS)
Washington Kitsap County Bremerton 98310 Manette

201 Shore Dr, Bremerton, WA

This home is located at 201 Shore Dr, Bremerton, WA 98310 and is currently priced at $15,000,000, approximately $326 per square foot. This property was built in 1976. 201 Shore Dr is a home located in Kitsap County with nearby schools including Catalyst Public Schools and Our Lady Star of the Sea School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northwest Multiple Listing Service (NWMLS) 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. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

Nearby Homes
Listing Agent
Lou Ann Quast
Section Image
Paramount Real Estate Group
(360) 495-1764