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!
Property Details
Price:
$685,000
MLS #:
NWM2543650
Status:
Pending
Beds:
2
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Winslow
Neighborhood:
170bainbridgeisland
Listed Date:
Jun 24, 2026
Finished Sq Ft:
1,002
Total Sq Ft:
1,002
Lot Size:
871 sqft / 0.02 acres (approx)
Year Built:
2018
ModernParking Total170 – Bainbridge Island170bainbridgeislandWinslowBainbridge IslandOrdway ElemBuyer To VerifyBainbridge IslTerritorial
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Schools
School District:
Bainbridge Island
Elementary School:
Ordway Elem
Middle School:
Buyer To Verify
High School:
Bainbridge Isl
Interior
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Bathrooms
2 Three Quarter Bathrooms
Cooling
90%+ High Efficiency, Ductless, Heat Pump
Flooring
Ceramic Tile, Concrete, Softwood
Heating
90%+ High Efficiency, Ductless, Heat Pump, Radiant
Interior Features
Dbl Pane/Storm Window, High Tech Cabling, Vaulted Ceiling(s), Water Heater
Levels
Multi/Split
Exterior
Architectural Style
Modern
Construction Materials
Cement, Metal/Vinyl, See Remarks, Wood
Direction Faces
North
Exterior Features
Cement/Concrete, Metal/Vinyl, See Remarks, Wood
Green Energy Efficient
Insulated Concrete Form (ICF)
Lot Features
Adjacent to Public Land, Corner Lot, Curbs, Dead End Street, Paved, Sidewalk
Parking Features
Driveway
Parking Spots
1
Parking Total
1
Roof
Composition
Security Features
Partially Fenced
View
Territorial
Financial
HOA Fee
$383
HOA Fee Frequency
Monthly
HOA Includes
Common Area Maintenance, Earthquake Insurance, Internet, Road Maintenance, Trash
Tax Year
2026
Taxes
$5,092
Map
Community
- Address203 Madrona Way NE #F-1 Bainbridge Island WA
- SubdivisionWinslow
- CityBainbridge Island
- CountyKitsap
- Zip Code98110
Subdivisions in Bainbridge Island
- Agate Point
- Arrow Point
- Bainbridge
- Bainbridge Island
- Baker Hill
- Battle Point
- Bill Point
- Crystal Springs
- Eagle Harbor
- Eagledale
- Emerald Heights
- Fort Ward
- Island Center
- Manitou Beach
- Manzanita
- Meadowmeer
- Pleasant Beach
- Point White
- Port Madison
- Rolling Bay
- Seabold
- South Beach
- Stetson Ridge
- Sunrise
- West Port Madison
- Wing Point
- Winslow
Market Summary
Current real estate data for Single Family in Bainbridge Island as of Jul 27, 2026
137
Single Family Listed
51
Avg DOM
678
Avg $ / SqFt
$1,842,798
Avg List Price
Property Summary
- Located in the Winslow subdivision, 203 Madrona Way NE #F-1 Bainbridge Island WA is a Single Family for sale in Bainbridge Island, WA, 98110. It is listed for $685,000 and features 2 beds, 2 baths, and has approximately 1,002 square feet of living space, and was originally constructed in 2018. The current price per square foot is $684. The average price per square foot for Single Family listings in Bainbridge Island is $678. The average listing price for Single Family in Bainbridge Island is $1,842,798. To schedule a showing of MLS#nwm2543650 at 203 Madrona Way NE #F-1 in Bainbridge Island, WA, contact your The Agency Bainbridge Island agent at 2068668002.
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© 2026 Northwest Multiple Listing Service as distributed by MLS GRID.
represents listings courtesy of NWMLS. Listed by Realogics Sotheby’s Int’l Rlty.
Disclaimer: Based on information submitted to the MLS GRID as of Jul-27-2026 1:33:38 pm. 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.
Copyright 2026. All rights reserved.
represents listings courtesy of NWMLS. Listed by Realogics Sotheby’s Int’l Rlty.Disclaimer: Based on information submitted to the MLS GRID as of Jul-27-2026 1:33:38 pm. 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.
Copyright 2026. All rights reserved.
203 Madrona Way NE #F-1
Bainbridge Island, WA

