$685,000
2 bd•1.5 ba•1,002 sq ft
203 Madrona Way NE #F-1, Bainbridge Island, WA 98110
• Listed Jun 24, 2026
RexMont Market Signal for 203 Madrona Way NE #F-1
Sold price on recordRexMont Market Signal $685,000
Closed sale price · as of July 30, 2026, the day it sold.
Market Signal since the sale
$638,003
Likely $572,553 – $727,470 · tight read · as of October 30, 2026
Estimate, not an appraisal.
Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID; King County Assessor records.
Your home value, prepared by the designated broker
Prepared by Adriano ToriFounder & Designated Broker · WA Lic. #27660Own a home near 203 Madrona Way NE #F-1? This sale moved its value.
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Watching: Bainbridge Island $550K–$820K · 2+ bd
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Listing Broker: Realogics Sotheby's Int'l Rlty; Laurel Powell; 206-842-0842
Buyer Broker: Realogics Sotheby's Int'l Rlty
About this home
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: August 30, 2026 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2543650
Around this home
Property details
Interior features
- Dbl Pane/Storm Window
- High Tech Cabling
- Vaulted Ceiling(s)
- Water Heater
Kitchen
- Dishwasher
- Disposal
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 2 bedrooms total
- 2 upstairs
Bathrooms
- 2 three-quarter bathrooms (shower, no tub)
Layout
- Townhouse
- 1,002 sq ft finished
Flooring
- Ceramic Tile
- Concrete
- Softwood
Heating & cooling
- 90%+ High Efficiency heating
- Ductless heating
- Heat Pump heating
- Radiant heating
- 90%+ High Efficiency cooling
- Ductless cooling
- Heat Pump cooling
Schools
Ratings via SchoolDiggerBainbridge Island School District
- Ordway ElementaryPublic · Grades K-4 · State rank 72 of 1,13810/10
- Buyer To VerifyPublic · Grades Middle—
- 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.
Townhome facts
As entered by the listing broker on Northwest MLS
Lot & site
- Lot dimensions
- 39.16 x 27.25
- Topography
- Level,Partial Slope
- Zoning jurisdiction
- City
- Faces
- North
- Bus route
- all
Systems
- Energy source
- Electric
- Power production
- Electric
- Water heater
- electric
- Water heater location
- studio closet
- Power company
- Puget Sound Energy
- Water company
- City of Bainbridge Isladn
- Sewer company
- City of Bainbridge Island
- Gas company
- N/A
- Garbage service
- through HOA (Bainbridge Disposal)
- Irrigation water rights
- No
- Internet connected
- Net 253
- Cable connected
- Xfinity
Green & certifications
- Energy-efficient features
- Insulated Concrete Form (ICF)
Rooms & extras
- Showers
- 2
New construction
- Builder
- Clark Construction
- Construction methods
- Insulated Concrete Form (ICF)
- Square footage source
- Builder
- Lot size source
- County
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.
Sales & Tax Records for 203 Madrona Way NE #F-1
NWMLS via MLS Grid · Kitsap County AssessorEvery 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.
- Jul 30, 2026SoldNWMLS via MLS Grid · #2543650$685,000$684/sq ft
- Jun 30, 2026PendingNWMLS via MLS Grid · #2543650$685,000$684/sq ft
- Jun 24, 2026ListedNWMLS via MLS Grid · #2543650$685,000$684/sq ft
- Oct 24, 2024SoldNWMLS via MLS Grid · #2251298$665,000$664/sq ft
- Sep 27, 2024PendingNWMLS via MLS Grid · #2251298$665,000$664/sq ft
- Sep 27, 2024Price reducedNWMLS via MLS Grid · #2251298$665,000$664/sq ft
Market pulse
Bainbridge Island 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 61 days.
Recent sales nearby
Within 1 mile · last 6 months$1,950,000 Sold
1 day ago
3 bd•3 ba•~3,519 sq ft•Single Family
7183 NE Eagle Harbor Drive NE, Bainbridge Island, WA 98110
10%
Under list
42
Days on market
1.0 mi
Distance
$1,740,000 Sold
2 days ago
4 bd•3.25 ba•~4,257 sq ft•Single Family
1176 Alexander Place NE, Bainbridge Island, WA 98110
3%
Over list
31
Days on market
0.8 mi
Distance
$1,400,000 Sold
5 days ago
4 bd•2.5 ba•~3,118 sq ft•Single Family
8700 Rosario Place NE, Bainbridge Island, WA 98110
7%
Under list
75
Days on market
0.7 mi
Distance
$1,499,990 Sold
2 weeks ago
3 bd•2.5 ba•~3,400 sq ft•Single Family
474 Glen Hollow Place SW, Bainbridge Island, WA 98110
0%
Over list
19
Days on market
0.3 mi
Distance
$1,382,500 Sold
2 weeks ago
3 bd•3 ba•~3,268 sq ft•Single Family
8289 New Holland Court NE, Bainbridge Island, WA 98110
7%
Over list
23
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 31, 2026 at 6:53 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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