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← Back to search results/Gig Harbor, WA/164 Madrona Drive NW
1 / 40SOLD SEP 2, 2026
Listed by Whitney Johnsen • Hawkins Poe. Buyer represented by Windermere Prof Partners.
SOLD SEP 2, 2026

$1,825,000

4 bd•2.25 ba•2,576 sq ft

164 Madrona Drive NW, Gig Harbor, WA 98335

• Listed Jul 22, 2026

RexMont Market Signal for 164 Madrona Drive NW

Sold price on record

RexMont Market Signal $1,825,000

Closed sale price · as of September 2, 2026, the day it sold.

Market Signal since the sale

$1,515,116

Likely $785,763 – $2,005,324 · wide read: talk to Adriano · as of October 1, 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.

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Listing Broker: Hawkins Poe; Whitney Johnsen; 206-300-7050; Whitney@key2see.com

Buyer Broker: Windermere Prof Partners

About this home

Some places simply have a way of making you slow down—Raft Island is one of them. Cross the bridge and discover this beautifully renovated retreat on 1.59 acres, where fresh, modern finishes blend effortlessly with timeless style. Filled with abundant natural light, warm, inviting materials, and thoughtfully selected fixtures, every space reflects attention to detail. The open-concept layout creates a seamless flow between the living spaces, while expansive windows frame breathtaking 180-degree views stretching from sunrise to sunset, showcasing Deadman's Island, the Olympic Mountains, and the waters of Puget Sound. The well-designed floor plan features a main-level primary suite, while three generous bedrooms on the lower level provide room to spread out. Multiple indoor and outdoor gathering spaces make entertaining effortless, from quiet mornings taking in the views to summer evenings by the pool. Enjoy the large level lawn, raised garden, and an oversized three-car garage with room for vehicles and hobbies. Steps away, the private beach offers kayak and paddleboard storage so you are on the water in minutes. Raft Island residents also enjoy a private boat launch, sport court, neighborhood park, and quiet roads perfect for walking or biking. This unique island community offers the rare combination of privacy, recreation, and connection, all just minutes from downtown Gig Harbor. 164 Madrona is Pacific Northwest living at its very best!

Property type
Single Family
Year built
1971
Interior
2,576 sq ft
Lot size
1.5871 acres
Parking
3-car garage
Price / sq ft
$708
HeatingForced Air
CoolingCentral Air
Property taxes$10,935/yr (est.)
HOA dues$200/mo
School districtPeninsula

Listed by Whitney Johnsen • Hawkins Poe

Listing updated: October 3, 2026 at 04:03am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2555418

Around this home

Property details

Interior features

  • Fireplace
  • Skylight(s)
  • Walk-In Closet(s)
  • Fireplace (gas)
  • Daylight basement

Bedrooms

  • 4 bedrooms total
  • 1 on the main level
  • 3 on the lower level

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1 half bathroom
  • 2.25 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • 1 Story w/Bsmnt.
  • 2,576 sq ft finished
  • 888 sq ft garage

Heating & cooling

  • Forced Air heating
  • Central Air cooling

Schools

Ratings via SchoolDigger

Peninsula School District

  • Buyer To Verify
    Public · Grades Elementary
    —
  • Buyer To Verify
    Public · Grades Middle
    —
  • Buyer To Verify
    Public · 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
Sloped
Zoning code
R10
Zoning jurisdiction
County

Systems

Energy source
Electric,Natural Gas
Power production
Electric, Natural Gas
Power company
Peninsula Light
Water company
Washington Water
Sewer company
Septic
Irrigation water rights
No

Rooms & extras

Pool
In-Ground
Spa
Yes
Bathtubs
1
Showers
2
Fireplaces on main
1

New construction

Square footage source
Co Assessor
Lot size source
Co Assessor
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.

Members

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Sales & Tax Records for 164 Madrona Drive NW

NWMLS via MLS Grid · Pierce County Assessor

Every 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.

  1. Sep 2, 2026
    Sold
    NWMLS via MLS Grid · #2555418
    $1,825,000
    $708/sq ft
  2. Jul 30, 2026
    Pending
    NWMLS via MLS Grid · #2555418
    $1,825,000
    $708/sq ft
  3. Jul 22, 2026
    Listed
    NWMLS via MLS Grid · #2555418
    $1,825,000
    $708/sq ft
  4. Jun 13, 2025
    Sold
    NWMLS via MLS Grid · #2357271
    $1,850,000
    $718/sq ft
  5. May 15, 2025
    Pending
    NWMLS via MLS Grid · #2357271
    $1,850,000
    $718/sq ft
  6. Apr 9, 2025
    Listed
    NWMLS via MLS Grid · #2357271
    $1,850,000
    $718/sq ft

Market pulse

Gig Harbor is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market
  • 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 71 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $840,000 Sold

    4 weeks ago

    4 bd•3.5 ba•~2,961 sq ft•Single Family

    152 Madrona Drive NW, Gig Harbor, WA 98335

    0%

    Over list

    42

    Days on market

    0.1 mi

    Distance

  • $1,505,000 Sold

    4 weeks ago

    3 bd•2.5 ba•~2,731 sq ft•Single Family

    7304 Plant Drive NW, Gig Harbor, WA 98335

    5%

    Over list

    41

    Days on market

    0.4 mi

    Distance

  • $720,000 Sold

    4 weeks ago

    3 bd•2 ba•~2,125 sq ft•Single Family

    114 Madrona Drive NW, Gig Harbor, WA 98335

    3%

    Over list

    45

    Days on market

    0.1 mi

    Distance

  • $540,000 Sold

    8 weeks ago

    3 bd•1 ba•~1,350 sq ft•Single Family

    202 Fir Drive NW, Gig Harbor, WA 98335

    3%

    Under list

    43

    Days on market

    0.1 mi

    Distance

  • $750,000 Sold

    8 weeks ago

    5 bd•2.75 ba•~2,381 sq ft•Single Family

    8220 71st Street Ct NW, Gig Harbor, WA 98335

    6%

    Under list

    90

    Days on market

    1.0 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market 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 29, 2026 at 5:56 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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