Listed by Windermere RE Bainbridge, Bought with Windermere RE Bainbridge
NOT LISTED FOR SALE

8929 Mandus Olson Rd NE Bainbridge Island, WA 98110

Estimated Value: $1,441,000 - $3,210,408

3 Beds
2 Baths
2,163 Sq Ft
$1,030/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $5,600,000 $2,589 Per Sq Ft

Current estimated payment $13,390/month

Highlights

  • Barn
  • Indoor Arena
  • Spa
  • Bainbridge High School Rated A
  • Greenhouse
  • RV Access or Parking

About This Home

As of April 2022

A TRULY RARE OPPORTUNITY. Almost 11 bucolic acres with views of majestic Olympic mountains sited on a high point on Bainbridge Island. The stunning main home has impressive design features such as rich-toned wood walls, repurposed plank floors, an Aga kitchen, hand-carved staircase details, floor to ceiling windows and a majestic stone fireplace, Originally an equestrian farm…. fast forward to today…it boasts magnificent gardens, pond, a greenhouse, large tennis arena and fully updated 1400 sq ft guest house. A separate large bunk house easily houses numerous guests w/sep office and a heated 4 car garage. Almost 5000 sq feet of beautiful living spaces. Hundreds of acres of nearby groomed trails to enjoy the outdoors and for the equestrian.

Last Agent to Sell the Property

Maureen Buckley

Windermere RE Bainbridge License #4377 Listed on: 03/31/2022

Windermere RE Bainbridge

Last Buyer's Agent

Ty Evans

Windermere RE Bainbridge License #18714

Windermere RE Bainbridge

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1905714

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,116

Year Built

  • Built in 1973

Lot Details

  • 10.94 Acre Lot
  • Street terminates at a dead end
  • South Facing Home
  • Gated Home
  • Property is Fully Fenced
  • Corner Lot
  • Level Lot
  • Sprinkler System
  • Fruit Trees
  • Garden
  • Zoning described as 2.5 acres

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,163 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • French Doors
  • Mountain Views

Kitchen

  • Oven or Range
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Softwood
  • Concrete
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Spa Bath

Home Security

  • Home Security System
  • Storm Windows

Parking

  • 5 Car Detached Garage
  • Attached Carport
  • RV Access or Parking

Outdoor Features

  • Spa
  • Patio
  • Greenhouse
  • Outbuilding

Additional Homes

  • 1,408 SF Accessory Dwelling Unit

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Bainbridge Schools Elementary School
  • Bainbridge Isl High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Indoor Arena
  • Stables

Utilities

  • Central Air
  • Heat Pump System
  • Generator Hookup
  • Well
  • Water Heater
  • Septic Tank
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 21250210192007

Community Details

Overview

  • No Home Owners Association
  • Built by Hal Moldstad
  • Bainbridge Island Subdivision

Recreation

  • Park
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,116

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Residential
  • StyleCode: 12 - 2 Story
  • Year Built: 1973
  • Inclusions: Dishwasher,GarbageDisposal,Refrigerator,StoveRange,LeasedEquipment
  • MLS Status: Sold
  • Prev Status: Closed
  • Architectural Style: Northwest Contemporary
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 3571
  • EffectiveYearBuiltSource: See Remarks
  • SeniorExemption: false
  • AccessoryDwellingUnit: DetachedDwelling
  • DetachedDwellingSqFtFinished: 1408
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Refrigerator, Stove/Range
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace: Yes
  • Flooring: Concrete, Softwood, Slate
  • Interior Amenities: Forced Air, Heat Pump, Central A/C, Concrete, Fir/Softwood, Wired for Generator, Double Pane/Storm Window, Sprinkler System, French Doors, Hot Tub/Spa, Security System, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater
  • Living Area: 2163
  • Bathrooms: 2
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 2163
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 1
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 3
  • AppliancesIncluded: Dishwasher,Garbage Disposal,Refrigerator,Stove/Range

Exterior Features

  • Roof: Metal
  • View: Mountain(s), See Remarks
  • Lot Features: Corner Lot, Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Builder Name: Hal Moldstad
  • Direction Faces: South
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • BusLineNearby: true
  • ConstructionMethods: Post & Beam,Standard Frame

Garage/Parking

  • Attached Garage: No
  • Carport Y N: Yes
  • Covered Parking Spaces: 5
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: RV Parking, Attached Carport, Detached Garage
  • Total Parking Spaces: 5

Utilities

  • Sewer: Septic Tank
  • Water Source: Community, Individual Well
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Connected, Septic System, Electricity Available, Individual Well, Cable Connected
  • HeatingCoolingType: Central A/C,Forced Air,Heat Pump,Radiant
  • PowerCompany: Puget Sound Energy
  • SewerCompany: septic
  • WaterCompany: PUD #1
  • WaterHeaterType: electrix
  • InternetConnected: century link

Condo/Co-op/Association

  • Community Features: Park, Trail(s)
  • 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: 21250210192007
  • Topography: Equestrian,Level
  • Land Lease: No
  • Lot Size Acres: 10.94
  • Lot Size Sq Ft: 476546
  • Zoning Description: 2.5 acres
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Arena-Indoor,Barn,Cable TV,Fenced-Fully,Gated Entry,Green House,Hot Tub/Spa,Irrigation,Outbuildings,Patio,RV Parking,Shop,Sprinkler System,Stable
  • MLSLotSizeSource: assessor
  • MLSSquareFootageSource: assessor
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Year: 2021
  • Tax Annual Amount: 28116
  • AdditionalTaxIds: 21250210412009

Multi Family

  • EnergySource: Electric

MLS Schools

  • Elementary School: Bainbridge Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
Apr 18, 2022
Sold by
Gillingham Thomas A and Gillingham Balaramisha
Bought by
Domus Consensus Trust
Seller's Agent
Maureen Buckley
Windermere RE Bainbridge
Buyer's Agent
Ty Evans
Windermere RE Bainbridge
List Price
$5,300,000
Sold Price
$5,600,000
Premium/Discount to List
$300,000
5.66%
Current Estimated Value
$2,228,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,371,531
Avg. Annual Appreciation
-23.62%

Purchase Details

Listed on
Apr 5, 2018
Closed on
Aug 6, 2018
Sold by
Phelps Esther M
Bought by
Gillingham Thomas A and Gillingham Balaramisha
Seller's Agent
Eileen Black
John L. Scott, Inc.
Buyer's Agent
Maureen Buckley
Windermere RE Bainbridge
List Price
$3,500,000
Sold Price
$3,100,000
Premium/Discount to List
-$400,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.28%
Original Mortgage
$1,499,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 28, 2011
Sold by
Adams Gerald E and Adams Tracy L
Bought by
Phelps Esther M

Purchase Details

Closed on
Sep 14, 2011
Sold by
Phelps Jonathan D
Bought by
Phelps Esther M
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Domus Consensus Trust -- New Title Company Name
Domus Consensus Trust $2,723,077 New Title Company Name
Gillingham Thomas A $3,100,000 Pacific Northwest Title Silv
Phelps Esther M $1,530,280 Pacific Nw Title
Phelps Esther M -- Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gillingham Thomas A $1,499,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2022 04/28/22 Sold $5,600,000 +5.7% $2,589 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $5,300,000 +71.0% $2,450 / Sq Ft
08/14/2018 08/14/18 Sold $3,100,000 -11.4% $1,433 / Sq Ft
06/01/2018 06/01/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $3,500,000 -- $1,618 / 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
2026 $18,898 $2,367,900 $912,600 $1,455,300
2025 $18,898 $2,367,900 $912,600 $1,455,300
2024 $18,056 $2,367,900 $912,600 $1,455,300
2023 $18,324 $2,299,090 $844,600 $1,454,490
2022 $17,582 $1,879,010 $752,150 $1,126,860
2021 $17,676 $1,801,360 $741,640 $1,059,720
2020 $17,033 $1,711,170 $651,450 $1,059,720
2019 $15,356 $1,572,650 $592,670 $979,980
2018 $15,828 $1,335,500 $489,810 $845,690
2017 $13,747 $1,335,500 $489,810 $845,690
2016 $10,578 $971,970 $413,270 $558,700
2015 $9,730 $911,950 $413,270 $498,680
2014 -- $856,850 $409,610 $447,240
2013 -- $680,230 $303,420 $376,810
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Maureen Buckley

    Windermere Corporate

    Section Image
  • Ty Evans

    Buyer's Agent in 2022

    Ty Evans

    Windermere Corporate

    (206) 795-0202

    181 in this area

    190 Total Sales

    Ty Evans
    Section Image
  • Eileen Black

    Seller's Agent in 2018

    Eileen Black

    John L Scott

    (206) 696-1540

    42 in this area

    55 Total Sales

    Eileen Black
    Section Image
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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1905714

Northwest Multiple Listing Service (NWMLS)

APN: 212502-1-019-2007

Washington Kitsap County Bainbridge Island 98110

8929 Mandus Olson Rd NE, Bainbridge Island, WA

This home is located at 8929 Mandus Olson Rd NE, Bainbridge Island, WA 98110 since 31 March 2022 and is currently estimated at $2,228,469, approximately $1,030 per square foot. This property was built in 1973. 8929 Mandus Olson Rd NE is a home located in Kitsap County with nearby schools including Bainbridge High School, Montessori Country School, and Voyager Montessori.

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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