240 Shannon Drive SE, Bainbridge Island, WA 98110

Land
Built in ——
7,841sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

A rare opportunity to own a corner lot of .18 acres within prime downtown Winslow zoning. (CORE/Town Center/Madison Overlay). Strategic land banking with appreciation potential in this coveted location while local governance zoning decisions are made over the next few years. Currently occupied as an employee parking lot for the USPS, this 4.11% Annual return on your investment is backed by a secure 5+ year Ground Lease located adjacent existing above-ground multi-family housing and just up the street from the Waterfront Park.

Listing Status:: Active
Data Last Updated:: August 13, 2026 at 6:22AM
Listing Office:: Windermere RE Bainbridge : 206-842-5626
Listing Agent:: Jan Johnson : 206-842-5626
MLS ID:: 2552635

A/C: None
Heating: None
Fireplace: Fireplaces: 0

General: Partially Cleared
Improvements: Driveway

General: 40 - Res-Less thn 1 Ac

Road/Access: Paved
HOA Amenities: Boat LaunchPark0.0
Originating MLS: nwmls
School District: Bainbridge Island
County: Kitsap

Topography: Level
Zoning: 41140000070000

Utilities: Electricity Available
Water: In Street
Sewer: In Street

Source: nwmls

This listing courtesy of Jan Johnson , Windermere RE Bainbridge

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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