Listed by The Agency Bainbridge Island
$875,000
$100K PRICE DROP

261 Ericksen Ave NE Bainbridge Island, WA 98110

Estimated payment $5,492/month

Total Views 4,276
0.27 Acre
$3,240,741 Price per Acre
11,761 Sq Ft Lot

Highlights

  • City View
  • No HOA
  • Level Lot
  • Bainbridge High School Rated A
  • Open Space

About This Lot

Developable land located in the Ericksen Ave overlay of the downtown mixed use core district. May be developed into multi-family condominiums or apartments or mixed use including retail, office, and multi-family. FAR AWARDED that goes with the property is 3000 SF. MIXED-USE FAR is 1:1 + 3000 SF RESIDENTIAL ONLY FAR IS .30 + 3000 SF A PROPOSED CONCEPT INCLUDES 8120 SF INCLUDING 6 UNIT TOWNHOUSES

Last Listed By

Bror Elmquist

The Agency Bainbridge Island License #25155 Listed on: 04/01/2025

The Agency Bainbridge Island

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2353194

Northwest Multiple Listing Service (NWMLS)

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,248

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 58' x 200'
  • Open Space
  • Level Lot
  • Zoning described as Commercial,Multi-Family,Residential

Schools

  • Xalilc Elementary School
  • Woodward Mid Middle School
  • Bainbridge Isl High School

Additional Features

  • City Views
  • Sewer in Street

Community Details

  • No Home Owners Association
  • Winslow Subdivision

Listing and Financial Details

  • Assessor Parcel Number 26250231562001

Property Details

Property Type

Land

Est. Annual Taxes

$7,248

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • StyleCode: 43 - Comm/Industrial
  • MLS Status: Active
  • Prev Status: Active
  • CalculatedSquareFootage: 0
  • SeniorExemption: false
  • PropertyFeatures: Evergreens,Partially Cleared
  • Improvements: Driveway
  • LevelComment: Level
  • Special Features: None
  • Cumulative Days on Market: 117

Interior Features

  • Possible Use: Commercial, Multi-Family, Residential
  • Fireplace: No
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0

Exterior Features

  • View: City
  • Lot Features: Open Space
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront: No
  • Structure Type: Industrial
  • RoadInformation: Paved
  • RoadOnWhichSide: East
  • Easements: Access Easement via Adjoining Property

Garage/Parking

  • Carport Y N: No

Utilities

  • Sewer: In Street
  • Water Source: In Street
  • Cooling Y N: No
  • Heating Yn: No
  • Electricity On Property: No
  • Utilities: Electricity Available
  • ElectricityStatus: In Street
  • GasStatus: Not Available
  • SepticDesignInstalled: false

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: 26250231562001
  • Topography: Level
  • Lot Size Acres: 0.27
  • Lot Size: 58' X 200'
  • Lot Size Sq Ft: 11761
  • Zoning Description: Commercial,Multi-Family,Residential
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: City
  • SoilFeasibilityTest: false
  • PublicLandSurvey: SEC 26, TWP 25, RNG

Tax Info

  • Year: 2025
  • Tax Annual Amount: 7248

MLS Schools

  • Elementary School: xalilc Elementary

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 $7,248 $889,000 $889,000 --
2024 $5,459 $693,870 $693,870 --
2023 $5,517 $672,050 $672,050 $0
2022 $6,421 $672,050 $672,050 $0
2021 $6,395 $638,730 $638,730 $0
2020 $6,207 $610,950 $610,950 $0
2019 $6,083 $610,950 $610,950 $0
2018 $6,189 $555,470 $555,470 $0
2017 $5,817 $555,470 $555,470 $0
2016 $5,192 $470,020 $470,020 $0
2015 $4,099 $376,020 $376,020 $0
2014 -- $329,020 $329,020 $0
2013 -- $436,450 $436,450 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 For Sale $975,000 -- --
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $280,280 Stewart Title Kitsap County
Warranty Deed -- None Available
Warranty Deed $232,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $65,452 Unknown
Previous Owner $55,000 Stand Alone Second
Previous Owner $220,000 Unknown
Previous Owner $525,000 No Value Available
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2353194

Northwest Multiple Listing Service (NWMLS)

APN: 262502-3-156-2001