$6,000,000
Est. $33,234/mo0 Madison Avenue N, Bainbridge Island, WA 98110
• Listed Jun 1, 2026•49 days active · 49 cumulative
Listing Broker: The Agency Bainbridge Island; Bror Elmquist; 206-841-5091; Bror.Elmquist@TheAgencyRE.com
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Listing Broker: The Agency Bainbridge Island; Bror Elmquist; 206-841-5091; Bror.Elmquist@TheAgencyRE.com
About this home
The last large scale multi-family (R-8) development parcels available in downtown Bainbridge Island. Zoned for R-8 (5,400 Sf/ Unit) for a Base Density of 72 Units. Conceptual plans have been developed for a multi-family development consisting of 63 units for a total of 84,800 SF. All development rights/ zoning regulations must be confirmed by prospective buyers. This is a courtesy listing for information only. This is Commercial Brokers Association (CBA) listing # 44989982. All offers must use CBA forms.
Listed by Bror Elmquist • The Agency Bainbridge Island
Listing updated: September 21, 2026 at 09:30am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2533179
Around this home
How much should you offer?
0 Madison Avenue N, Bainbridge Island, WA 98110
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Layout
- Multi-Family
Schools
Ratings via SchoolDiggerBainbridge Island School District
- Ordway ElementaryPublic · Grades K-4 · State rank 72 of 1,13810/10
- Sonoji Sakai IntermediatePublic · Grades 5-6—
- Bainbridge IslPublic · 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.
Vacant land facts
As entered by the listing broker on Northwest MLS
Lot
- Acres
- 8.98 acres
- Lot square feet
- 391,168 sq ft
- Lot dimensions
- 331 X 1132
- Topography
- Sloped
- Lot details
- Adjacent to Public Land
Zoning & use
- Zoning description
- Multi-Family
- Zoning jurisdiction
- City
- Possible use
- Multi-Family
- Restrictions
- See Remarks
Utilities
- Utilities
- Electricity Available
- Electricity
- In Street
- Gas
- Not Available
- Water
- In Street
- Water jurisdiction
- COBI
- Sewer
- In Street
- Septic design applied
- No
- Septic installed
- No
Road & access
- Road surface
- Paved
- Road information
- Paved
- Road on which side
- West
Surveys & reports
- Soil feasibility test
- No
- Sketch submitted
- Yes
Water & irrigation
- Waterfront
- No
- Irrigation water rights
- No
Taxes & assessment
- Annual taxes
- $4,150
- Tax year
- 2026
- Financing
- Conventional
- Seller disclosure
- Exempt
- Preliminary title ordered
- Yes
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.
Sales & Tax Records for 0 Madison Avenue N
NWMLS via MLS GridEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Jun 1, 2026ListedNWMLS via MLS Grid · #2533179$6,000,000
Mortgage payment forecast
$35,080 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Listing Broker: The Agency Bainbridge Island; Bror Elmquist; 206-841-5091; Bror.Elmquist@TheAgencyRE.com
Market pulse
Bainbridge Island is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
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 52 days.
Recent sales nearby
Within 1 mile · last 6 months$2,250,000 Sold
1 week ago
5 bd•4 ba•~4,337 sq ft•Single Family
8777 NE Winslow Grove Court, Bainbridge Island, WA 98110
0%
Over list
16
Days on market
0.7 mi
Distance
$1,400,000 Sold
2 weeks ago
3 bd•2.5 ba•~2,305 sq ft•Single Family
779 Village Circle NW, Bainbridge Island, WA 98110
4%
Over list
20
Days on market
0.8 mi
Distance
$500,000 Sold
4 weeks ago
•Single Family
9495 Bucsit Lane NE, Bainbridge Island, WA 98110
9%
Under list
78
Days on market
0.8 mi
Distance
$500,000 Sold
4 weeks ago
•Single Family
9501 Bucsit Lane NE, Bainbridge Island, WA 98110
9%
Under list
78
Days on market
0.9 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
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 19, 2026 at 8:02 PM PT (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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© 2026 Northwest Multiple Listing Service. All rights reserved.
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