$699,999
Est. $3,602/mo3 bd•2 ba•2,125 sq ft
114 Madrona Drive Nw, Gig Harbor, WA 98335
• Listed 2026-08-14•New today
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Based on information submitted to the MLS GRID as of August 17, 2026 at 11:52am (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.
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Island living, elevated. Discover 114 Madrona on charming Raft Island, an impeccably updated, turnkey single-level home offering refined comfort, privacy, and effortless Pacific Northwest living. Set on a generous private lot in the award-winning Peninsula School District, this stylish 3-bedroom home includes a dedicated office and 2 beautifully appointed baths. Freshly painted inside and out, the interiors are bright and sophisticated, with new windows, designer accent walls, elegant shiplap detailing, & inviting fireplaces. The remodeled kitchen is a true centerpiece, showcasing striking backsplash tile, upgraded appliances, & tasteful lighting with seamless connection to the living and dining spaces. The spacious primary suite features a private en-suite bath, while two additional bedrooms and a versatile office provide exceptional flexibility. A spacious laundry room with custom built-ins & an oversized wood folding table adds both function and style. Outdoors, entertain with ease on the expansive party deck, gather around the fire pit, or enjoy private grounds- all fenced. A new roof and new 50-amp generator hookup provide added peace of mind. Raft Island residents enjoy two private sandy beaches, shoreline access, community amenities, and abundant wildlife. Launch a kayak or paddleboard and explore the surrounding waters toward Cutt's Island, then retreat home to your own island sanctuary. Just 10 minutes from downtown Gig Harbor, Uptown and all Gig Harbor has to offer.
Listed by Kelsey Weiland • Neighborhood Experts Real Est.
Listing updated: August 17, 2026 at 11:52am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2569784
Open houses
Nearby open houses (7)
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Open Sun, Aug 23$861,000
+$161,001 over list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $630K and $935K.
Rental earnings
$2,575/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$630,000Last sold price
156 Madrona Drive Nw, Gig Harbor, WA 98335
$665,000Last sold price
9928 56th Street Nw, Gig Harbor, WA 98335
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.
114 Madrona Drive Nw, Gig Harbor, WA 98335
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
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School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
Gig Harbor 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 11 days.
$1,050,000 Sold
2 months ago
2 bd•1.75 ba•~1,083 sq ft•Single Family
115 Alder Drive Nw, Gig Harbor, WA 98335
13%
Under list
—
Days on market
0.2 mi
Distance
$740,000 Sold
4 months ago
3 bd•2.5 ba•~2,133 sq ft•Single Family
132 Park Avenue Nw, Gig Harbor, WA 98335
1%
Under list
—
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 Aug 2026
