$705,000
Listed at $724,8884 bd•3 ba•1,894 sq ft
866 NW Karkainen Lane, Poulsbo, WA 98370
• Listed May 15, 2026
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Listing Broker: Windermere Prof Partners; Deborah Bonneville; 360-340-3359; deborah@fetterplaceco.com
Buyer Broker: Salmon Capital Real Estate
About this home
Motivated Seller!!! 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: September 19, 2026 at 04:03am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2524977
Around this home
Property details
Interior features
- Second Kitchen
- Bath Off Primary
- Dbl Pane/Storm Window
- Water Heater
- Partially Finished basement
Kitchen
- Dishwasher
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 4 bedrooms total
- 3 on the main level
- 1 upstairs
Bathrooms
- 3 full bathrooms
- 3 on the main level
Layout
- 1 1/2 Stry w/Bsmt
- 1,894 sq ft finished, 512 sq ft unfinished
- 180 sq ft garage
Accessory dwelling unit
- 1 accessory dwelling unit (detached dwelling)
- 1 bd · 1 ba · 576 sq ft
Flooring
- Ceramic Tile
- Laminate
- Carpet
Heating & cooling
- Forced Air heating
- Wall Furnace heating
- None cooling
Schools
Ratings via SchoolDiggerNorth Kitsap #400 School District
- Buyer To VerifyPublic · Grades Elementary—
- Buyer To VerifyPublic · Grades Middle—
- Buyer To VerifyPublic · Grades High—
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.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Level,Partial Slope
- Vegetation
- Garden Space
- Zoning code
- Poulsbo UTA
- Zoning jurisdiction
- City
- Faces
- North
Systems
- Energy source
- Electric
- Power production
- Electric
- Water heater
- Electric
- Water heater location
- Basement
- Power company
- PSE
- Water company
- Individual Well
- Sewer company
- City of Poulsbo
- Garbage service
- Waste management
- Irrigation water rights
- No
- Internet connected
- Xfinity
- Cable connected
- xfinity
Rooms & extras
- Bathtubs
- 3
- Showers
- 3
New construction
- Square footage source
- Tax Records
- Lot size source
- tax records
- Effective year built source
- Public Records
Manufactured home
- Land lease
- No
Neighborhood mobility
Doorstep, Pedal & Station Scores
Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.
Ground Truth™
The ground, the slope, the flood zone and the noise at this address
Read from public hazard, flood, terrain and noise maps for this exact home.
Address Insider™
The members' report
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Market pulse
Poulsbo is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 63 days.
Recent sales nearby
Within 1 mile · last 6 months$674,000 Sold
2 days ago
5 bd•2.5 ba•~3,198 sq ft•Single Family
21122 Nordby Drive NW, Poulsbo, WA 98370
0%
Over list
140
Days on market
0.3 mi
Distance
$585,000 Sold
1 week ago
3 bd•2.5 ba•~2,299 sq ft•Single Family
1886 Claret Loop NW, Poulsbo, WA 98370
2%
Under list
57
Days on market
0.8 mi
Distance
$595,000 Sold
1 week ago
4 bd•2.5 ba•~1,970 sq ft•Single Family
1942 Claret Loop NW, Poulsbo, WA 98370
2%
Over list
65
Days on market
0.9 mi
Distance
$555,000 Sold
5 weeks ago
4 bd•2.25 ba•~2,105 sq ft•Single Family
20769 Staffordshire Lane NW, Poulsbo, WA 98370
17%
Over list
21
Days on market
0.1 mi
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 Oct 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 19, 2026 at 04:03am (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.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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