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← Back to search results/Gig Harbor, WA/114 Madrona Drive NW
1 / 40SOLD SEP 28, 2026
Listed by Kelsey Weiland • Neighborhood Experts Real Est.. Buyer represented by RE/MAX Exclusive.Some photos are virtually staged
SOLD SEP 28, 2026

$720,000

Listed at $699,999

3 bd•2 ba•2,125 sq ft

114 Madrona Drive NW, Gig Harbor, WA 98335

• Listed Aug 14, 2026

RexMont Market Signal for 114 Madrona Drive NW

Sold price on record

RexMont Market Signal $720,000

Closed sale price · as of September 28, 2026, the day it sold.

Market Signal since the sale

$727,858

Likely $631,580 – $870,026 · solid read · 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: Neighborhood Experts Real Est.; Kelsey Weiland; 360-742-4328; kelsey@neighborhoodexpertswa.com

Buyer Broker: RE/MAX Exclusive

About this home

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.

Property type
Single Family
Year built
2007
Interior
2,125 sq ft
Lot size
0.4557 acres
Parking
2-car garage
Price / sq ft
$339
HeatingForced Air, Heat Pump
CoolingForced Air, Heat Pump
Property taxes$6,409/yr (est.)
HOA dues$200/mo
School districtPeninsula

Listed by Kelsey Weiland • Neighborhood Experts Real Est.

Listing updated: September 28, 2026 at 05:38pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2569784

Around this home

Property details

Interior features

  • Bath Off Primary
  • Ceiling Fan(s)
  • Dbl Pane/Storm Window
  • Fireplace
  • Pantry
  • Security System
  • Skylight(s)
  • Walk-In Closet(s)
  • Water Heater
  • Wired for Generator
  • 2 fireplaces (electric)

Kitchen

  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 3 bedrooms total
  • 3 on the main level

Bathrooms

  • 2 full bathrooms
  • 2 on the main level

Layout

  • 1 Story
  • 2,125 sq ft finished
  • 484 sq ft garage

Flooring

  • Ceramic Tile
  • Engineered Hardwood
  • Laminate
  • Carpet

Heating & cooling

  • Forced Air heating
  • Heat Pump heating
  • Forced Air cooling
  • Heat Pump cooling

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level,Partial Slope
Vegetation
Garden Space

Systems

Energy source
Electric
Power production
Electric
Water heater
Electric
Water heater location
Garage
Power company
Pen light
Water company
WA Water
Sewer company
Septic
Irrigation water rights
No

Rooms & extras

Bathtubs
2
Showers
2
Fireplaces on main
2

New construction

Square footage source
Public Records
Lot size source
Public Records
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

Opens with the report above.

Sales & Tax Records for 114 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 28, 2026
    Sold
    NWMLS via MLS Grid · #2569784
    $720,000
    $339/sq ft
  2. Aug 30, 2026
    Pending
    NWMLS via MLS Grid · #2569784
    $699,999
    $329/sq ft
  3. Aug 14, 2026
    Listed
    NWMLS via MLS Grid · #2569784
    $699,999
    $329/sq ft
  4. Mar 20, 2017
    Sold
    NWMLS via MLS Grid · #1032834
    $345,000
    $162/sq ft
  5. Jan 23, 2017
    Pending
    NWMLS via MLS Grid · #1032834
    $349,999
    $165/sq ft
  6. Jan 23, 2017
    Price reduced
    NWMLS via MLS Grid · #1032834
    $349,999
    $165/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

    0.6 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

  • $1,825,000 Sold

    8 weeks ago

    4 bd•2.25 ba•~2,576 sq ft•Single Family

    164 Madrona Drive NW, Gig Harbor, WA 98335

    0%

    Over list

    42

    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 agent

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 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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