$685,000
Est. $3,460/mo2 bd•1,002 sq ft
203 Madrona Way Ne #f-1, Bainbridge Island, WA 98110
• Listed 2026-06-24•1 day on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 25, 2026 at 05:05am (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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Talk to a local RexMont expert
Avg response under 5 mins
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!
Listed by Laurel Powell • Realogics Sotheby's Int'l Rlty
Listing updated: June 25, 2026 at 05:05am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2543650
Open houses
4 datesNearby open houses (8)
See more →$666,000
-$19,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $749K and $833K.
Rental earnings
$2,000/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$749,000Last sold price
208 Shepard Way Nw, Bainbridge Island, WA 98110

$775,000Last sold price
210 Shepard Way Nw, 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.
203 Madrona Way Ne #f-1, Bainbridge Island, WA 98110
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.
Neighborhood mobility
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$4,439 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
More homes in this area that match your range.

$779,000
204 Shepard Way Nw, Bainbridge Island, WA 98110
Anne Reichard · COMPASS

$725,000
153 Madison Avenue N, Bainbridge Island, WA 98110
Craig Clark · Johansson Clark Real Estate

$509,000
213 Shepard Way Nw, Bainbridge Island, WA 98110
Jason Shutt · Windermere RE Bainbridge

$825,000
2729 Welcome Lane Nw, Bainbridge Island, WA 98110
Mariah OKeefe · Redfin

$798,000
449 Sprout Path Nw, Bainbridge Island, WA 98110
Claire Zaner · Lake & Company

$648,000
620 Ne Vineyard Lane #b203, Bainbridge Island, WA 98110
Arthur Mortell · Realogics Sotheby's Int'l Rlty

$779,000
204 Shepard Way Nw, Bainbridge Island, WA 98110
Anne Reichard · COMPASS

$779,000
204 Shepard Way Nw, Bainbridge Island, WA 98110
Anne Reichard · COMPASS

$678,000
672 Madison Avenue N #14, Bainbridge Island, WA 98110
Carl Sussman · Realogics Sotheby's Int'l Rlty

$725,000
153 Madison Avenue N, Bainbridge Island, WA 98110
Craig Clark · Johansson Clark Real Estate

$825,000
2729 Welcome Lane Nw, Bainbridge Island, WA 98110
Mariah OKeefe · Redfin

$798,000
449 Sprout Path Nw, Bainbridge Island, WA 98110
Claire Zaner · Lake & Company
Open Sat, Jun 2711:00 AM – 2:00 PM
$1.25M2 bd · 1 ba · 3,196 sqft
9793 Ne Murden Cove Drive, Bainbridge Island, WA 98110
Open Sat, Jun 27 +111:00 AM – 1:00 PM
$1.47M3 bd · 2.5 ba · 2,459 sqft
6575 Ne Honeysuckle Lane, Bainbridge Island, WA 98110
Open Sat, Jun 27 +111:00 AM – 2:00 PM
$2.75M4 bd · 1.5 ba · 3,438 sqft
10058 Ne Lafayette Avenue, Bainbridge Island, WA 98110
Open Sat, Jun 27 +1
Open Sat, Jun 271:00 PM – 3:00 PM
$2.39M4 bd · 3.5 ba · 6,699 sqft
10199 Affirmed Lane Ne, Bainbridge Island, WA 98110
Open Sat, Jun 27Bainbridge Island 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 8 days.
$925,000 Sold
3 weeks ago
•Single Family
250 Madrona Way Ne, Bainbridge Island, WA 98110
15%
Under list
—
Days on market
0.1 mi
Distance
$920,000 Sold
3 months ago
3 bd•1.5 ba•~1,624 sq ft•Single Family
522 Madrona Way Ne #4, Bainbridge Island, WA 98110
3%
Under list
—
Days on market
0.1 mi
Distance
$925 Sold
3 months ago
•2 ba•Single Family
755 Winslow Way E #102, Bainbridge Island, WA 98110
0%
Over list
—
Days on market
0.4 mi
Distance
$545,000 Sold
3 months ago
•Single Family
123 Bjune Drive SE #107, Bainbridge Island, WA 98110
0%
Over list
—
Days on market
0.2 mi
Distance
$317,000 Sold
3 months ago
•Single Family
141 Parfitt Way Sw #a-35, Bainbridge Island, WA 98110
2%
Under list
—
Days on market
0.4 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 Jun 2026
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.