164 Madrona Drive NW, Gig Harbor, WA 98335
Listed by Whitney Johnsen, Hawkins Poe
$1,825,000
$708 per sq ft
164 Madrona Drive NW, Gig Harbor, WA 98335
Gig Harbor, WA, 98335
- Beds
- 4
- Baths
- 3
- Sq ft
- 2,576
- Built
- 1971
- Parking
- Detached Garage, RV Parking
- HOA
- $200 monthly
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- 4
- Bedrooms
- 3
- Bathrooms
- 2,576
- Square feet
- $708
- Per sq ft
- Single Family Residence
- Type
- 1971
- Year built
- 69,133 sq ft
- Lot
- 0
- Days on market
About this property
Some places simply have a way of making you slow down—Raft Island is one of them. Cross the bridge and discover this beautifully renovated retreat on 1.59 acres, where fresh, modern finishes blend effortlessly with timeless style. Filled with abundant natural light, warm, inviting materials, and thoughtfully selected fixtures, every space reflects attention to detail. The open-concept layout creates a seamless flow between the living spaces, while expansive windows frame breathtaking 180-degree views stretching from sunrise to sunset, showcasing Deadman's Island, the Olympic Mountains, and the waters of Puget Sound. The well-designed floor plan features a main-level primary suite, while three generous bedrooms on the lower level provide room to spread out. Multiple indoor and outdoor gathering spaces make entertaining effortless, from quiet mornings taking in the views to summer evenings by the pool. Enjoy the large level lawn, raised garden, and an oversized three-car garage with room for vehicles and hobbies. Steps away, the private beach offers kayak and paddleboard storage so you are on the water in minutes. Raft Island residents also enjoy a private boat launch, sport court, neighborhood park, and quiet roads perfect for walking or biking. This unique island community offers the rare combination of privacy, recreation, and connection, all just minutes from downtown Gig Harbor. 164 Madrona is Pacific Northwest living at its very best!
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2555418
- Listed
- July 22, 2026
- Days on market
- 0
- Price per sq ft
- $708
Unit & building
- Unit levels
- One
Homeowners association
- HOA dues
- $200 monthly
- Dues include
- Common Area MaintenanceRoad MaintenanceSee Remarks
Parking
- Parking
- Detached GarageRV Parking
- Covered spaces
- 3
- Total spaces
- 3
Views
- View
- Bay
Construction
- Year built
- 1971
- Style
- 16 - 1 Story w/Bsmnt.
- Structure
- House
- Roof
- Composition
Heating & cooling
- Heating
- Forced Air
- Cooling
- Central Air
- Energy source
- ElectricNatural Gas
Interior features
- Features
- FireplaceSkylight(s)Walk-In Closet(s)
- Fireplaces
- 1
- Fireplace type
- Gas
Lot
- Lot features
- Paved
- Lot size
- 69,133 sq ft
Terms
- Terms offered
- CashConventionalFHAVA Loan
Utilities
- Water
- Washington Water
- Sewer
- Septic
- Power
- Peninsula Light
Schools
- District
- Peninsula
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
Listing history
Listed
$1,825,000
July 22, 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
$10,827
- Principal & interest
- $9,228
- Property tax (est.)
- $1,399
- HOA dues
- $200
Assumes $365,000 down (20%), a $1,460,000 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 July 22, 2026 at 2:15 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.