Listed by Pellego, Inc., Bought with Windermere RE West Sound Inc.
$180,000
SOLD AUG 4, 2025

360 Knechtel Way NE Unit 401 Bainbridge Island, WA 98110

-- Bed
2 Baths
2,050 Sq Ft
$2,850/mo HOA Fee

Recently Sold

$88 Per Sq Ft

74% Below List Price

Highlights

  • Unit is on the top floor
  • Vaulted Ceiling
  • Forced Air Heating and Cooling System
  • Bainbridge High School Rated A
  • 2 Fireplaces
  • Carpet

About This Home

As of August 2025

Unique live-work opportunity in Bainbridge Island, combining commercial and residential spaces. The commercial area includes a functional space with kitchen, fireplace, and washer/dryer hookups; a versatile studio with mirrors and gym floors; and locker rooms with showers and restrooms. An optional 1,900 sq. ft. deck with pool offers outdoor potential. The deck also comes with a sauna+steaming room.HOA dues include electricity, benefiting operations like cryptocurrency mining and video production. The residence, a 345 sq. ft. studio currently operating as an Airbnb, features AC and heat,and is within walking distance to the ferry and local shops.Off-street parking and a new EV charging system are available. Both units have new HVAC systems.

Last Agent to Sell the Property

Faustine Samec

Pellego, Inc. License #133838 Listed on: 04/09/2025

Pellego, Inc.

Last Buyer's Agent

Jet Woelke

Windermere RE West Sound Inc. License #26253

Windermere RE West Sound Inc.

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2356914

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,517

Year Built

  • Built in 2004

HOA Fees

  • $2,850 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Wood Composite

Interior Spaces

  • 2 Bathrooms
  • 2,050 Sq Ft Home
  • 4-Story Property
  • Vaulted Ceiling
  • 2 Fireplaces
  • Electric Fireplace
  • Carpet

Kitchen

  • Microwave
  • Dishwasher

Laundry

  • Electric Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Propane

Additional Features

  • 81510004050005
  • Unit is on the top floor

Listing and Financial Details

Community Details

Overview

  • Association fees include central hot water, common area maintenance, earthquake insurance, lawn service, sewer, trash, water
  • 23 Units
  • The Meridian Condos
  • Bainbridge Island Subdivision

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,517

Year Built

Built in 2004

Lot Details

0

HOA Fees

$2,850 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • StyleCode: 34 - Condo (3 Levels)
  • Year Built: 2004
  • Inclusions: Dishwasher(s),Microwave(s),Refrigerator(s)
  • MLS Status: Sold
  • Prev Status: Closed
  • Building Name: The Meridian
  • Unit Levels: Three Or More
  • New Construction: No
  • CalculatedSquareFootage: 2050
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • DwellingType: Attached
  • NumberOfAccessStairs: 2
  • UnitFeatures: Top Floor,Vaulted Ceilings
  • NWM_DPRUrl: https://www.workforce-resource.com/dpr/listing/NWMLS/2356914?w=Consumer&agent=118536
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Appliances: Dishwasher(s), Microwave(s), Refrigerator(s)
  • Three Quarter Bathrooms: 2
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Flooring: Carpet
  • Interior Amenities: Dryer-Electric, Fireplace, Top Floor, Vaulted Ceiling(s), Washer
  • Stories: 4
  • Bathrooms: 1.5
  • BathsFullMain: 0
  • FireplacesMain: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 2
  • BedroomsLower: 0
  • BedroomsUpper: 0
  • FloorNumberOfUnit: 4
  • AppliancesIncluded: Dishwasher(s),Microwave(s),Refrigerator(s)
  • NWM_NumberOfBathtubs: 0
  • NWM_NumberOfShowers: 3

Exterior Features

  • Roof: Flat
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Parking Features: Off Street

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Forced Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • ApplianceHookups: Dryer-Electric,Washer

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 2850
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Subject to Restrictions
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Central Hot Water, Common Area Maintenance, Earthquake Insurance, Lawn Service, Sewer, Trash, Water

Schools

  • Junior High Dist: Bainbridge Island

Lot Info

  • Parcel Number: 81510004010005
  • Additional Parcels Description: 81510004050005
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSSquareFootageSource: Kitsap County

Green Features

  • Power Production Type: Electric, Propane

Tax Info

  • Year: 2025
  • Tax Annual Amount: 2517

Multi Family

  • Number Of Units In Community: 23
  • EnergySource: Electric,Propane
  • UnitsInBuildingTotal: 23

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
08/04/2025 08/04/25 Sold $180,000 -63.6% $88 / Sq Ft
07/05/2025 07/05/25 Pending -- -- --
06/23/2025 06/23/25 Price Changed $495,000 -16.8% $241 / Sq Ft
05/06/2025 05/06/25 Price Changed $595,000 -14.4% $290 / Sq Ft
04/09/2025 04/09/25 For Sale $695,000 -- $339 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2356914

Northwest Multiple Listing Service (NWMLS)