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JRJeff ReynoldsCompass · Seattle

114 Madrona Drive NW, Gig Harbor, WA 98335

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Active

Listed by Kelsey Weiland, Neighborhood Experts Real Est.

Active40 days on market

$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
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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.

Directions

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

  1. 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.

Similar nearby listings

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.