240 Shannon Drive SE Bainbridge Island, WA $ 1,400,000
240 Shannon Drive SE
$ 1,400,000
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240 Shannon Drive SE

Bainbridge Island, WA, 98110
$ 1,400,000
Baths0.0

Monthly Estimate*

$ 8,840

Listed by Windermere RE Bainbridge
240 Shannon Drive SE, Bainbridge Island, WA 98110 - Image 1
240 Shannon Drive SE, Bainbridge Island, WA 98110 - Image 2
240 Shannon Drive SE, Bainbridge Island, WA 98110 - Image 3
240 Shannon Drive SE, Bainbridge Island, WA 98110 - Image 4
240 Shannon Drive SE, Bainbridge Island, WA 98110 - Image 5
240 Shannon Drive SE, Bainbridge Island, WA 98110 - Image 6
240 Shannon Drive SE, Bainbridge Island, WA 98110 - Image 7
240 Shannon Drive SE, Bainbridge Island, WA 98110 - Image 8
240 Shannon Drive SE, Bainbridge Island, WA 98110 - Image 9
240 Shannon Drive SE, Bainbridge Island, WA 98110 - Image 10
Studio

Lots and Land for sale in Bainbridge Island, WA

for $1,400,000. The lot size is 0.18.

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.

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Lots and Land Active

Price

$ 1,400,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 5,936

Style

Res-Less thn 1 Ac

Lot Size

0.18

Town/City

Bainbridge Island

County/Region

Kitsap

MLS | Web ID

2552635

Features
General
Living Area 0
Sewer In Street
Utilities Electricity Available
Possession Subject To Tenant Rights
HOA Fee 0
Topography Level
Property Subtype Land
Tax Year 2026
Community Features Boat Launch Park
Building Name Stafford's Addition
County Kitsap
Property Type Land
HOA N
Subdivision Name Bainbridge Island
Possible Use Multi-Family Residential
Special Listing Conditions None
Status Active
Directions Off Ferry Left on Winslow Way to Madison Left to Bjune Drive & take a Left to lot on the SE corner of Bjune Drive and Shannon Drive. Driveway into lot off Shannon.
High School Bainbridge Isl
City Bainbridge Island
Senior Community Y/N N
High School District Bainbridge Island
Zoning Description Multi-Family Residential
MLS Area 170 - Bainbridge Island
Lot Size Units Square Feet
Lot Size Square Feet 7841
Carport Y/N N
Listing Terms Cash
Elementary School Buyer To Verify
Tax Annual Amount 5936
Middle/Junior High School Woodward Mid
Public Remarks 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 locat
Structure Type None
Building Area Units Square Feet
Standard Status Active
Property Features Partially Cleared
Gas Status Not Available
Property Style 40 - Res-Less thn 1 Ac
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Interior
Total Fireplaces 0
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Exterior
Lot Features Corner Lot
Water Source In Street
Building Area Total 0
Lot Dimensions irregular
Lot Size Acres 0.18
Road Surface Type Paved
Waterfront Y/N N
Irrigation Water Rights Y/N N
Lot Number Lot 7
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Internal Only
OriginalMLSID NWM2552635
Street Number 1 240
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* Excluded Features
List By
Jan Johnson

Listing Agent

Windermere Re Bainbridge

Broker

Affordability Calculator

$9,334
Per Month
95%
5%
0%
Monthly Principal & Interest
$8,840
Monthly Property Taxes
$495
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3100387 Elementary School
257969 Middle School
Bainbridge Isl High School High School
Pricing History
DatePricePrice ChangeDescription
7/14/2026$1,400,000 Listed Price

Map


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240 Shannon Drive SE, Bainbridge Island, WA, 98110 is a Lots and Land for sale at $1,400,000 with a lot size of 0.18. 240 Shannon Drive SE is a studio with 0.0 baths. The property's zip code is 98110 which is in Bainbridge Island, WA