Listing provided courtesy of Realogics Sotheby's Int'l RltyNWMLSas Distributed by MLSGrid- MLS# NWM2543650MLS Provider

203 Madrona Way NE #F-1Bainbridge Island, WA 98110

Single Family · 2 Beds · 2 Three Quarter Baths · 1,002 Sq. ft. | 0.02 Acres
$685,000 Active

203 Madrona Way NE #F-1 Overview

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Two units, one remarkable opportunity. Whether you envision a live+work setup, two income-producing short-term rentals, or your own private island getaway, this property delivers — and the HOA was specifically drafted to allow it. The ground floor studio features a private fenced area, kitchenette, laundry, and ¾ bath. Above, a stylish 1-bedroom spans two stories and includes heated bathroom floors, laundry, and a stunning great room with soaring ceilings, a wall of windows framing native Douglas Firs, and a modern kitchen with quartz counters, tiled backsplash, and cabinetry in a unique neutral palette. An oversized covered deck extends the living space and feels like a treehouse. Top-nailed pine and polished concrete floors bring urban loft vibes to the heart of charming, quiet Winslow. Both units have private exterior entries. A tree-lined trail just outside leads to Winslow’s dining, shopping, galleries, and entertainment, with paved bike lanes and sidewalks also connecting you to the ferry and town. Low HOA dues. Fiber internet, solar-ready, and ICF construction with a low-maintenance exterior keep this package smart and efficient. An affordable option without compromise on quality is rare on Bainbridge, rarer still with this kind of flexibility. Imagine the possibilities!

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203 Madrona Way NE #F-1 Facts & Features

  • Type Single Family
  • Sq. ft. 1,002
  • Price/Sq.ft. $684
  • Lot 0.02 Acres

Details

General

Association/HOA

  • Association Fee: $383.41
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Area Maintenance, Earthquake Insurance, Internet, Road Maintenance, Trash

School Information

  • School District: Bainbridge Island
  • Elementary School: Ordway Elem
  • Middle Or Junior School: Buyer To Verify
  • High School: Bainbridge Isl

Green Features

  • Green Energy Efficient: Insulated Concrete Form (ICF)

Building Information

  • Builder Name: Clark Construction
  • New Construction: No
  • Year Built: 2018

Location/Region

  • Country: US
  • County Or Parish: Kitsap
  • MLS Area Major: 170 - Bainbridge Island
  • Subdivision Name: Winslow

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $5,091.84
  • Tax Year: 2026

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 56440000010000
  • Property Condition: Very Good
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Attached/Zero Lot Line,Built On Lot

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Bedrooms Lower: 0
  • Bedrooms Possible: 1
  • Bedrooms Upper: 2

Building Interior

  • Appliances Included: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 1002
  • Building Area Units: Square Feet
  • Calculated Square Footage: 1002
  • Square Footage Finished: 1002
  • Square Footage Unfinished: 0

General Information

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Basement: None
  • Cooling: Yes
  • Entry Location: Upper (2nd Floor)
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Concrete, Softwood
  • Foundation Details: Slab
  • Heating: Yes
  • Interior Features: Dbl Pane/Storm Window, High Tech Cabling, Vaulted Ceiling(s), Water Heater
  • Levels: Multi/Split
  • Living Area: 1002
  • Main Level Bathrooms: 0
  • Main Level Bedrooms: 0
  • Power Production Type: Electric
  • Security Features: Partially Fenced

Unit Information

  • Unit Number: F-1

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Driveway
  • Parking Total: 1
  • Parking Uncovered Total: 1

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Adjacent to Public Land, Corner Lot, Curbs, Dead End Street, Paved, Sidewalk
  • Lot Size Dimensions: 39.16 x 27.25
  • Lot Size Square Feet: 871
  • Lot Size Units: Square Feet
  • Site Features: Deck, Dog Run, Electric Car Charging, Fenced-Partially, High Speed Internet, Patio
  • Topography: Level, Partial Slope
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: No
  • Construction Methods: Insulated Concrete Form (ICF)
  • Direction Faces: North
  • Roof: Composition
  • Structure Type: Townhouse

General Information

  • Carport: No
  • Covered Spaces: 0
  • Exterior Features: Cement/Concrete, Metal/Vinyl, See Remarks, Wood
  • Sewer: Sewer Connected

Room Information

Room: Bathroom Three Quarter

  • Level: Garage

Room: Studio

  • Level: Garage

Room: Bathroom Three Quarter

  • Level: Second

Room: Bedroom

  • Level: Second

Room: Entry Hall

  • Level: Second

Room: Primary Bedroom

  • Level: Second

Room: Utility Room

  • Level: Second

Room: Great Room

  • Level: Third

Room: Kitchen With Eating Space

  • Level: Third

203 Madrona Way NE #F-1 Neighborhood

Community

98110 (Bainbridge Island) Demographics

50
Median Age
637
Population Density (per sq. mile)
79%
College Educated
$125,861
Estimated Median Income
8,225
Estimated Total Home Owners
1,945
Estimated Total Renters
81% / 19%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

203 Madrona Way NE #F-1 Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

203 Madrona Way NE #F-1 Market Data

Based on the last 30 days in this zip code

$1,687,391
Average List Price
$682
Average Price per Square Foot
44
Properties Sold
50
Average Days on Market
165
Properties for Sale
Calculations provided by Reliance Network

203 Madrona Way NE #F-1 History

Date Event Value Agent
6/25/2026Source: NWMLS Added to Database
June 25, 2026