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JRJeff ReynoldsCompass · Seattle

Listed by Deborah Bonneville, Windermere Prof Partners

4
Bedrooms
3
Bathrooms
2,406
Square feet
$301
Per sq ft
Single Family Residence
Type
1948
Year built
22,216 sq ft
Lot
59
Days on market

About this property

Motivated Seller!!! Welcome to this rare multi-home opportunity in the heart of Poulsbo! Situated on a spacious half-acre lot just inside the Poulsbo UTA, this versatile property offers endless possibilities for investors, multi-gen living, or owner-occupants seeking additional income potential. Both homes were remodeled and permitted in the 2022-2023 timeframe, blending modern updates with timeless character and charm.The beautifully updated main home features 3 bedrooms and 2 baths with a flexible floorplan that includes the primary bedroom and second bedroom on the main level. Upstairs, you'll discover a full loft-style third bedroom complete with a fun “special secret room” that adds character to the space. A partially finished basement has recently been waterproofed, offering additional storage or future expansion potential. Connected to sewer while maintaining the benefit of a private well. The det-ADU includes 1 bed, 1 bath, and a 1-car garage, currently generating $1,500 per month in rental income. The main home is tenant occupied but will be vacant at the end of June, creating an ideal opportunity for an owner-occupant or investor looking to maximize income potential. Outside, enjoy dedicated garden space, plenty of off-street parking, and room to spread out on the generous half-acre lot. Commute? What a breeze being 10min to Bangor or an easy ride to Bainbridge Ferry Terminal. Some interior photos are from a previous listing but do represent the home accurately.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2524977
Listed
May 15, 2026
Days on market
59
Price per sq ft
$301
Original list price
$795,000

Unit & building

Unit levels
One and One Half

Parking

Parking
DrivewayAttached GarageOff Street
Covered spaces
1
Total spaces
5

Construction

Year built
1948
Style
17 - 1 1/2 Stry w/Bsmt
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced AirWall Furnace
Cooling
None
Energy source
Electric

Interior features

Features
Second KitchenBath Off PrimaryDbl Pane/Storm WindowWater Heater

Flooring

Flooring
Ceramic TileLaminateCarpet

Appliances

Appliances
DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Community & building features

Bus line nearby
Yes

Lot

Lot features
Corner LotDead End StreetPaved
Lot size
22,216 sq ft

Terms

Terms offered
CashConventionalFHAVA Loan

Utilities

Water
Individual Well
Sewer
City of Poulsbo
Power
PSE

Schools

District
North Kitsap #400
Elementary
Buyer To Verify
Middle
Buyer To Verify
High
Buyer To Verify

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • One and One Half
  • Driveway
  • Attached Garage
  • Off Street
  • House
  • Composition
  • Forced Air
  • Wall Furnace
  • None
  • Electric
  • Second Kitchen
  • Bath Off Primary

Listing history

  1. Listed

    $795,000

    May 15, 2026

  2. Current price

    $724,888

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$4,221

Principal & interest
$3,665
Property tax (est.)
$556

Assumes $144,978 down (20%), a $579,910 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of July 13, 2026 at 11:01 PM PDT. 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.