866 NW Karkainen Lane Poulsbo, WA 98370
Listing Courtesy of: MLS LogoNorthwest MLS as distributed by MLS GRID / Listed By: Deborah Bonneville, Windermere Professional Partners / Jennifer Fetterplace

  866 NW Karkainen Lane Poulsbo, WA 98370

Active (1 Days)
$795,000 (USD)
4
BED
3
BATH
2,406
SQFT

Description

Welcome to this rare multi-home opportunity in the heart of Poulsbo! Situated on a spacious half-acre lot just inside the Poulsbo UTA, this versatile property offers endless possibilities for investors, multi-gen living, or owner-occupants seeking additional income potential. Both homes were remodeled and permitted in the 2022-2023 timeframe, blending modern updates with timeless character and charm.The beautifully updated main home features 3 bedrooms and 2 baths with a flexible floorplan that includes the primary bedroom and second bedroom on the main level. Upstairs, you'll discover a full loft-style third bedroom complete with a fun “special secret room” that adds character to the space. A partially finished basement has recently been waterproofed, offering additional storage or future expansion potential. Connected to sewer while maintaining the benefit of a private well. The det-ADU includes 1 bed, 1 bath, and a 1-car garage, currently generating $1,500 per month in rental income. The main home is tenant occupied but will be vacant at the end of June, creating an ideal opportunity for an owner-occupant or investor looking to maximize income potential. Outside, enjoy dedicated garden space, plenty of off-street parking, and room to spread out on the generous half-acre lot. Commute? What a breeze being 10min to Bangor or an easy ride to Bainbridge Ferry Terminal. Some interior photos are from a previous listing but do represent the home accurately.

MLS #:
2524977
Taxes
$5,425(2026)
Lot Size
0.51 acres
Type
Single-Family Home
Year Built
1948
Style
1 1/2 Stry W/Bsmt
School District
North Kitsap #400
County
Kitsap County
Community
Poulsbo

Listed By

Deborah Bonneville, Windermere Professional Partners
Jennifer Fetterplace, Windermere Professional Partners
Source
Northwest MLS
Last checked May 16 2026 at 7:03 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 3
Interior Features
  • Dishwasher
  • Microwave
  • Refrigerator
  • Dryer
  • Washer
  • Dbl Pane/Storm Window
  • Bath Off Primary
  • Water Heater
  • Second Kitchen
  • Stove(s)/Range(s)
Subdivision
  • Poulsbo
Lot Information
  • Corner Lot
  • Dead End Street
  • Paved
Property Features
  • Fenced-Partially
  • Fireplace: 0
  • Foundation: Poured Concrete
Heating and Cooling
  • Forced Air
  • Wall Furnace
Basement Information
  • Partially Finished
Flooring
  • Carpet
  • Laminate
  • Ceramic Tile
Exterior Features
  • Wood
  • Cement/Concrete
  • Roof: Composition
Utility Information
  • Sewer: Sewer Connected
  • Fuel: Electric
School Information
  • Elementary School: Buyer to Verify
  • Middle School: Buyer to Verify
  • High School: Buyer to Verify
Parking
  • Driveway
  • Off Street
  • Attached Garage
Stories
  • 1
Living Area
  • 1,894 sqft
Additional Listing Info
  • Buyer Brokerage Compensation: 2.5
Buyer's Brokerage Compensation not binding unless confirmed by separate agreement among applicable parties.
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Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
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Interest rate
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Mortgage calculator estimates are provided by Windermere Real Estate and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Square footage is based on information available to agent, including County records. Information has not been verified by agent and should be verified by buyer.
Based on information submitted to the MLS GRID as of 5/16/2026 07:03. 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.