$950,000
Est. $5,262/mo2 bd•1.5 ba•1,350 sq ft
1129 Madison Avenue N, Bainbridge Island, WA 98110
• Listed Oct 1, 2026•10 days active · 10 cumulative
Listing Broker: Windermere RE West Sound Inc.; Alyssa Ahern; 360-930-2628; AlyssaAhern@windermere.com
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Listing Broker: Windermere RE West Sound Inc.; Alyssa Ahern; 360-930-2628; AlyssaAhern@windermere.com
About this home
Exceptional opportunity along Bainbridge Island’s Madison Avenue corridor, just minutes from the heart of Winslow and the Seattle ferry. This approximately .31-acre parcel offers multiple possibilities for its next owner: renovate the existing residence and enjoy a spacious in-town property, explore residential or multifamily redevelopment, or pursue a professional/mixed-use vision. The current owner previously invested significant time and resources exploring redevelopment of the site, including architectural, engineering and site planning for a substantial mixed-use building with commercial space and residences above. Prior plans and related development documents are available for buyer review, offering valuable insight into the property and its potential. With excellent Madison Avenue visibility, a sizable parcel and convenient access to downtown shopping, dining, schools and ferry service, this is a unique opportunity to reimagine a well-located Bainbridge Island property. Buyer to verify zoning, development capacity, utilities and intended use with the City.
Listed by Alyssa Ahern • Windermere RE West Sound Inc.
Listing updated: October 2, 2026 at 05:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2589487
Around this home
How much should you offer?
1129 Madison Avenue N, Bainbridge Island, WA 98110
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
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.
Property details
Interior features
- Dining Room
- Water Heater
Kitchen
- Microwave
- Refrigerator
- Stove(s)/Range(s)
Bedrooms
- 2 bedrooms total
- 2 on the main level
Bathrooms
- 1 full bathroom
- 1 half bathroom
- 1.5 bathrooms total (NWMLS count)
- 2 on the main level
Layout
- 1 Story
- 1,350 sq ft finished
- 300 sq ft garage
Flooring
- Carpet
Heating & cooling
- None heating
- None cooling
Schools
Ratings via SchoolDiggerBainbridge Island School District
- Ordway ElementaryPublic · Grades K-4 · State rank 72 of 1,13810/10
- Woodward Middle SchoolPublic · Grades 7-8 · State rank 8 of 51410/10
- Bainbridge High SchoolPublic · Grades 9-12 · State rank 1 of 39610/10
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
- Level
- Vegetation
- Garden Space
- Lot number
- 15
- Zoning jurisdiction
- City
- Faces
- East
Systems
- Energy source
- Electric
- Power production
- Electric
- Water heater
- Electric
- Water heater location
- Off Kitchen
- Power company
- PSE
- Water company
- City Of Bainbridge Island
- Sewer company
- City Of Bainbridge Island
- Garbage service
- Bainbridge Disposal
- Irrigation water rights
- No
New construction
- Construction methods
- Standard Frame
- 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.
Opens with the report above.
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$6,331 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: Windermere RE West Sound Inc.; Alyssa Ahern; 360-930-2628; AlyssaAhern@windermere.com
Market pulse
Bainbridge Island is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
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 44 days.
Recent sales nearby
Within 1 mile · last 6 months$2,250,000 Sold
2 days ago
5 bd•4 ba•~4,337 sq ft•Single Family
8777 NE Winslow Grove Court, Bainbridge Island, WA 98110
0%
Over list
16
Days on market
0.5 mi
Distance
$1,400,000 Sold
1 week ago
3 bd•2.5 ba•~2,305 sq ft•Single Family
779 Village Circle NW, Bainbridge Island, WA 98110
4%
Over list
20
Days on market
0.4 mi
Distance
$1,200,000 Sold
2 weeks ago
4 bd•2.75 ba•~2,847 sq ft•Single Family
221 NW Gowen Place, Bainbridge Island, WA 98110
0%
Over list
—
Days on market
0.9 mi
Distance
$1,450,000 Sold
5 weeks ago
3 bd•3 ba•~2,018 sq ft•Single Family
300 Bromley Place NW, Bainbridge Island, WA 98110
4%
Over list
23
Days on market
0.7 mi
Distance
$185,000 Sold
5 weeks ago
•Single Family
141 Parfitt Way SW ##B12, Bainbridge Island, WA 98110
6%
Under list
88
Days on market
0.8 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
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 2, 2026 at 05:04am (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.
HO
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