Listed by Realogics Sotheby's Int'l Rlty
$925,000
$14K PRICE DROP

203 Madrona Way NE Unit 3F Bainbridge Island, WA 98110

Estimated payment $6,289/month

Total Views 19,198
3 Beds
3.5 Baths
1,656 Sq Ft
$559 Price per Sq Ft

Highlights

  • Deck
  • Property is near public transit
  • Territorial View
  • Bainbridge High School Rated A
  • Wooded Lot
  • 4-minute walk to Winslow Green

About This Home

Discover the pinnacle of modern living in this stunning townhome, masterfully constructed with Insulating Concrete Forms (ICF). Experience energy efficiency, sound insulation, & unparalleled durability in this contemporary gem! This 3-bedroom townhome is in a fabulous location! Nestled in Madrona Way with easy trail & sidewalk access to parks, schools, shopping, dining, & the ferry. #3F is 1656 sq ft: 2 bedrooms with private baths on the 2nd floor plus a studio with a private entry on the main. Features include a modern spacious kitchen with quartz counter island and SS appliances. The covered deck extends the living space & faces west, capturing the evening sunlight. Separate living spaces can be used for short-term and long-term rentals.

Listing Agent

Jennifer Saez

Realogics Sotheby's Int'l Rlty License #86600 Listed on: 01/17/2025

Realogics Sotheby's Int'l Rlty

Co-Listing Agent

Beverly French

Better Properties Bainbridge License #18976

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2323540

Northwest Multiple Listing Service (NWMLS)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,260

Year Built

  • Built in 2018

Lot Details

  • 1,742 Sq Ft Lot
  • Street terminates at a dead end
  • East Facing Home
  • Partially Fenced Property
  • Brush Vegetation
  • Wooded Lot
  • Garden
  • Property is in very good condition

HOA Fees

  • $599 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Modern Architecture
  • Slab Foundation
  • Insulated Concrete Forms
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • Multi-Level Property
  • Territorial Views

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Schools

  • Woodward Mid Middle School
  • Bainbridge Isl High School

Utilities

  • Baseboard Heating
  • Water Heater
  • High Speed Internet
  • High Tech Cabling

Listing and Financial Details

  • Assessor Parcel Number 56440000030008

Community Details

Overview

  • Rachele Turnbull Association
  • Secondary HOA Phone (206) 276-2940
  • Madrona Townhomes Condos
  • Built by Clark Construction
  • Winslow Subdivision
  • The community has rules related to covenants, conditions, and restrictions

Recreation

  • Trails

Security

  • Storm Windows

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,260

Year Built

Built in 2018

Lot Details

0

HOA Fees

$599 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 32 - Townhouse
  • Year Built: 2018
  • Inclusions: Dishwasher(s),Dryer(s),Garbage Disposal,LeasedEquipment,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Modern
  • Building Name: Madrona Townhomes
  • Unit Levels: Multi/Split
  • New Construction: No
  • CalculatedSquareFootage: 1656
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: OpenHouse
  • Cumulative Days on Market: 149

Interior Features

  • Basement: None
  • Appliances: Dishwasher(s), Disposal, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: No
  • Flooring: Ceramic Tile, Concrete, Engineered Hardwood, Carpet
  • Interior Amenities: Ceramic Tile, Concrete, Double Pane/Storm Window, High Tech Cabling, Water Heater
  • Living Area: 1656
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Bathrooms: 3
  • BathsFullMain: 0
  • SquareFootageFinished: 1656
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 1
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 1
  • BedroomsLower: 0
  • BedroomsUpper: 2
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Composition
  • View: Territorial
  • Lot Features: Curbs, Dead End Street, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Builder Name: Clark Construction
  • Construction Type: Concrete, Wood
  • Direction Faces: East
  • Exterior Features: Cement/Concrete, Wood
  • Foundation Details: Slab
  • Property Condition: Very Good
  • Structure Type: Townhouse
  • BusLineNearby: true
  • ConstructionMethods: Insulated Concrete Form (ICF)

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Security: Partially Fenced
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Ductless
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: COBI
  • WaterCompany: COBI
  • WaterHeaterLocation: Garage
  • WaterHeaterType: Electric
  • CableConnected: none
  • InternetConnected: Net 253

Condo/Co-op/Association

  • Community Features: CCRs, Trail(s)
  • Senior Community: No
  • Association Fee: 599
  • Association Fee Frequency: Monthly
  • Phone: 206-276-2940
  • Association: Yes
  • Common Interest: Residential
  • AssociationContactName: Rachele Turnbull

Fee Information

  • NWM_OtherDuesOrFeesYN: false

Schools

  • Junior High Dist: Bainbridge Island
  • High School: Bainbridge Isl
  • Middle Or Junior School: Woodward Mid

Lot Info

  • Parcel Number: 56440000030008
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1742
  • Zoning: CITY
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,High Speed Internet,Patio
  • MLSLotSizeSource: Builder Plans
  • MLSSquareFootageSource: Builder Plans
  • ZoningJurisdiction: City

Green Features

  • Efficiency: Insulated Concrete Form (ICF)
  • Power Production Type: Electric

Rental Info

  • ShortTermRentalYN: true

Tax Info

  • Year: 2025
  • Tax Annual Amount: 6260

Multi Family

  • Total Actual Rent: 4200
  • EnergySource: Electric

MLS Schools

  • Elementary School: Buyer To Verify

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

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 $6,262 $794,790 $261,330 $533,460
2024 $5,983 $794,790 $261,330 $533,460
2023 $6,257 $794,790 $261,330 $533,460
2022 $7,218 $780,320 $222,370 $557,950
2021 $7,082 $729,700 $208,210 $521,490
2020 $6,783 $689,190 $196,880 $492,310
2019 $2,661 $275,770 $147,300 $128,470
2018 $1,410 $0 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Price Changed $925,000 -1.5% $559 / Sq Ft
01/17/2025 01/17/25 For Sale $939,000 -- $567 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Mortgage History

Date Status Loan Amount Loan Type
Closed $3,750,000 Stand Alone Refi Refinance Of Original Loan
Closed $636,000 Stand Alone Refi Refinance Of Original Loan
Closed $525,000 New Conventional
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2323540

Northwest Multiple Listing Service (NWMLS)

APN: 5644-000-003-00-08

Washington Kitsap County Bainbridge Island 98110

203 Madrona Way NE Unit 3F, Bainbridge Island, WA

This home is located at 203 Madrona Way NE Unit 3F, Bainbridge Island, WA 98110 and is currently priced at $925,000, approximately $558 per square foot. This property was built in 2018. 203 Madrona Way NE Unit 3F is a home located in Kitsap County with nearby schools including Bainbridge High School, Madrona School, and St. Cecilia Catholic 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

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Jennifer Saez
Listing Agent
Jennifer Saez
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Realogics Sotheby's Int'l Rlty
(206) 207-6844