Listed by Jan Johnson, Windermere RE Bainbridge
- Land
- Type
- 7,841 sq ft
- Lot
- 90
- Days on market
About this property
A rare opportunity! An income-generating Winslow corner lot near the Waterfront Park, Yacht Club, Senior Center, restaurants, shopping and Seattle Ferries. This coveted low maintenance location is currently occupied as a Ground Lease for the USPS parking lot. In the meantime, enjoy your strategic land bank investment backed by a secure Federal lease paying out a 4.11% annual return (plus tax reimbursement) till May of 2032, while making use of your time with designs and local governance zoning permits over the next few years. Seller's sketch for 'possibly' a 4-story/16 unit apartment complex to include an additional 7 offsite parking spots, is available. (CORE/Town Centr/Madison Overlay on the COBI website).
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Jeff's Neighborhood Guide
Get to know the Bainbridge Island area
Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.
Property details
Listing details
- Listing number
- #2552635
- Listed
- July 13, 2026
- Days on market
- 90
Unit & building
- Building
- Stafford's Addition
Construction
- Style
- 40 - Res-Less thn 1 Ac
- Structure
- None
Community & building features
- Features
- Boat LaunchPark
Lot
- Lot features
- Corner Lot
- Lot size
- 7,841 sq ft
Terms
- Terms offered
- Cash
Utilities
- Utilities
- Electricity Available
- Water
- In Street
- Sewer
- In Street
Schools
- District
- Bainbridge Island
- Elementary
- Buyer To Verify
- Middle
- Woodward Mid
- High
- Bainbridge Isl
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- None
- Boat Launch
- Park
- Corner Lot
- Cash
- Electricity Available
- In Street
Listing history
Listed
$1,400,000
July 13, 2026
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
$8,152
- Principal & interest
- $7,079
- Property tax (est.)
- $1,073
Assumes $280,000 down (20%), a $1,120,000 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.
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Based on information submitted to the MLS GRID as of October 12, 2026 at 8:00 AM 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.