114 Madrona Drive NW, Gig Harbor, WA 98335
Listed by Kelsey Weiland, Neighborhood Experts Real Est.
$699,999
$329 per sq ft
114 Madrona Drive NW, Gig Harbor, WA 98335
Gig Harbor, WA, 98335
- Beds
- 3
- Baths
- 2
- Sq ft
- 2,125
- Built
- 2007
- Parking
- Driveway, Attached Garage
- HOA
- $200 annually
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- 3
- Bedrooms
- 2
- Bathrooms
- 2,125
- Square feet
- $329
- Per sq ft
- Single Family Residence
- Type
- 2007
- Year built
- 19,849 sq ft
- Lot
- 40
- Days on market
About this property
Island living, elevated. Discover 114 Madrona on charming Raft Island, an impeccably updated, turnkey single-level home offering refined comfort, privacy, and effortless Pacific Northwest living. Set on a generous private lot in the award-winning Peninsula School District, this stylish 3-bedroom home includes a dedicated office and 2 beautifully appointed baths. Freshly painted inside and out, the interiors are bright and sophisticated, with new windows, designer accent walls, elegant shiplap detailing, & inviting fireplaces. The remodeled kitchen is a true centerpiece, showcasing striking backsplash tile, upgraded appliances, & tasteful lighting with seamless connection to the living and dining spaces. The spacious primary suite features a private en-suite bath, while two additional bedrooms and a versatile office provide exceptional flexibility. A spacious laundry room with custom built-ins & an oversized wood folding table adds both function and style. Outdoors, entertain with ease on the expansive party deck, gather around the fire pit, or enjoy private grounds- all fenced. A new roof and new 50-amp generator hookup provide added peace of mind. Raft Island residents enjoy two private sandy beaches, shoreline access, community amenities, and abundant wildlife. Launch a kayak or paddleboard and explore the surrounding waters toward Cutt's Island, then retreat home to your own island sanctuary. Just 10 minutes from downtown Gig Harbor, Uptown and all Gig Harbor has to offer.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2569784
- Listed
- August 14, 2026
- Days on market
- 40 (includes a prior listing period)
- Price per sq ft
- $329
Unit & building
- Unit levels
- One
Homeowners association
- HOA dues
- $200 annually
- Dues include
- Common Area Maintenance
Parking
- Parking
- DrivewayAttached Garage
- Covered spaces
- 2
- Total spaces
- 2
Views
- View
- Territorial
Construction
- Year built
- 2007
- Style
- 10 - 1 Story
- Structure
- House
- Roof
- Composition
Heating & cooling
- Heating
- Forced AirHeat Pump
- Cooling
- Forced AirHeat Pump
- Energy source
- Electric
Interior features
- Features
- Bath Off PrimaryCeiling Fan(s)Dbl Pane/Storm WindowFireplacePantrySecurity SystemSkylight(s)Walk-In Closet(s)Water HeaterWired for Generator
- Fireplaces
- 2
- Fireplace type
- Electric
Flooring
- Flooring
- Ceramic TileEngineered HardwoodLaminateCarpet
Appliances
- Appliances
- DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer
Community & building features
- Features
- Athletic CourtBoat LaunchCCRsParkPlaygroundTrail(s)
Lot
- Lot features
- Paved
- Lot size
- 19,849 sq ft
Terms
- Terms offered
- CashConventionalFHAVA Loan
Utilities
- Water
- WA Water
- Sewer
- Septic
- Power
- Pen light
Schools
- District
- Peninsula
Listing history
Listed
$699,999
August 14, 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
$4,094
- Principal & interest
- $3,540
- Property tax (est.)
- $537
- HOA dues
- $17
Assumes $140,000 down (20%), a $559,999 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 August 15, 2026 at 1:45 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.