$775,000
Est. $3,911/mo4 bd•3 ba•1,894 sq ft
866 Nw Karkainen Lane, Poulsbo, WA 98370
• Listed 2026-05-15•6 days on market
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Based on information submitted to the MLS GRID as of June 1, 2026 at 09:42pm (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.
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Welcome to this rare multi-home opportunity in the heart of Poulsbo! Situated on a spacious half-acre lot just inside the Poulsbo UTA, this versatile property offers endless possibilities for investors, multi-gen living, or owner-occupants seeking additional income potential. Both homes were remodeled and permitted in the 2022-2023 timeframe, blending modern updates with timeless character and charm.The beautifully updated main home features 3 bedrooms and 2 baths with a flexible floorplan that includes the primary bedroom and second bedroom on the main level. Upstairs, you'll discover a full loft-style third bedroom complete with a fun “special secret room” that adds character to the space. A partially finished basement has recently been waterproofed, offering additional storage or future expansion potential. Connected to sewer while maintaining the benefit of a private well. The det-ADU includes 1 bed, 1 bath, and a 1-car garage, currently generating $1,500 per month in rental income. The main home is tenant occupied but will be vacant at the end of June, creating an ideal opportunity for an owner-occupant or investor looking to maximize income potential. Outside, enjoy dedicated garden space, plenty of off-street parking, and room to spread out on the generous half-acre lot. Commute? What a breeze being 10min to Bangor or an easy ride to Bainbridge Ferry Terminal. Some interior photos are from a previous listing but do represent the home accurately.
Listed by Deborah Bonneville • Windermere Prof Partners
Listing updated: June 1, 2026 at 09:42pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2524977
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866 Nw Karkainen Lane, Poulsbo, WA 98370
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Poulsbo is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 12 days.
$770,000 Sold
3 weeks ago
3 bd•1 ba•~2,096 sq ft•Single Family
21988 Urdahl Road Nw, Poulsbo, WA 98370
3%
Under list
—
Days on market
0.8 mi
Distance
$745,500 Sold
5 weeks ago
3 bd•2.5 ba•~2,512 sq ft•Single Family
19795 4th Avenue Ne, Poulsbo, WA 98370
4%
Under list
—
Days on market
1.0 mi
Distance
$175,500 Sold
6 months ago
•Single Family
19545 Laurene Lane Nw, Poulsbo, WA 98370
4%
Under list
—
Days on market
0.8 mi
Distance
$560,000 Sold
6 months ago
3 bd•2.5 ba•~1,792 sq ft•Single Family
21772 Nw Monterey Loop, Poulsbo, WA 98370
1%
Under list
—
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 · Updated Jun 2026
North Kitsap #400 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.