$880,000
Listed at $850,0001 bd•1 ba•2,516 sq ft
502 Cave Avenue Ne, Bainbridge Island, WA 98110
• Listed 2025-08-29
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Iconic Bainbridge Island Daycare and Preschool location for generations of kids. Right in the heart of town and ready for immediate operation. Zoned Residential, R-3.5 (3.5 units/acre) with Conditional Use as a Day Care Center. Maintaining Conditional Use vs. Reverting to Residential development is governed by specific zoning and permitting requirements. Serious Buyers are encouraged to perform due diligence directly with the City of Bainbridge Island. Current facilities were designed and built specifically with day care and preschool activities and areas in mind. On city sewer and water. Great location central to Downtown Winslow and Seattle commuters, yet a private country setting. Escorted showings permitted outside of operating hours.
Open houses
No upcoming open houses scheduled for this property.
$1,089,000
+$209,000 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $800K and $1.49M.
Rental earnings
$3,275/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$880,000Last sold price
502 Cave Avenue Ne, Bainbridge Island, WA 98110
$800,000Last sold price
5790 Ne Old Mill Road, Bainbridge Island, WA 98110
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 28, 2025 at 07:55am (date and time MLS GRID Data was obtained). 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 courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Listed by Chris Miller • Windermere RE Bainbridge
Listing updated: October 28, 2025 at 07:55am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2425275
Bainbridge Island School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
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Over list
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Days on market
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Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS
