866 NW Karkainen Lane, Poulsbo, WA 98370 | MLS #NWM2524977 | Berkshire Hathaway HomeServices Northwest Real Estate  
 
Listing provided courtesy of Windermere Prof PartnersNWMLSas Distributed by MLSGrid- MLS# NWM2524977MLS Provider

866 NW Karkainen LanePoulsbo, WA 98370

Single Family · 4 Beds · 3 Full Baths · 2,406 Sq. ft. | 0.51 Acres
$724,888 Active

866 NW Karkainen Lane Overview

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Motivated Seller!!! 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.

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866 NW Karkainen Lane Facts & Features

  • Type Single Family
  • Sq. ft. 2,406
  • Price/Sq.ft. $301
  • Lot 0.51 Acres

Details

General

Association/HOA

  • Association Fee: $0.00

School Information

  • School District: North Kitsap #400
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify

Building Information

  • New Construction: No
  • Year Built: 1948

Location/Region

  • Country: US
  • County Or Parish: Kitsap
  • MLS Area Major: 165 - Finn Hill
  • Subdivision Name: Poulsbo

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: $5,425.00
  • Tax Year: 2026

General Information

  • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Listing Terms: Cash, Conventional, FHA, VA Loan
  • Parcel Number: 15260120342004
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: None

Interior

Building Information

  • Building Information: Built On Lot

Parking Information

  • Garage: Yes

Beds/Baths

  • ADU Baths: 1
  • ADU Beds: 1
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 4
  • Bedrooms Lower: 0
  • Bedrooms Upper: 1

Building Interior

  • Appliances Included: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Building Area Total: 2406
  • Building Area Units: Square Feet
  • Calculated Square Footage: 2982
  • Square Footage Finished: 1894
  • Square Footage Unfinished: 512

General Information

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Basement: Partially Finished
  • Cooling: No
  • Fireplace: No
  • Fireplaces Total: 0
  • Flooring: Ceramic Tile, Laminate, Carpet
  • Foundation Details: Poured Concrete
  • Heating: Yes
  • Interior Features: Second Kitchen, Bath Off Primary, Dbl Pane/Storm Window, Water Heater
  • Levels: One and One Half
  • Living Area: 1894
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Power Production Type: Electric
  • Security Features: Partially Fenced

Exterior

Parking Information

  • Open Parking: No
  • Parking Features: Driveway, Attached Garage, Off Street
  • Parking Total: 5
  • Parking Uncovered Total: 4

Lot Information

  • Irrigation Water Rights: No
  • Lot Features: Corner Lot, Dead End Street, Paved
  • Lot Size Acres: 0.51
  • Lot Size Square Feet: 22216
  • Lot Size Units: Square Feet
  • Site Features: Fenced-Partially
  • Topography: Level, Partial Slope
  • Vegetation: Garden Space
  • Elevation Units: Feet
  • Water Source: Individual Well

Waterfront/View

  • View: No
  • Waterfront: No

Building Exterior/Construction

  • Attached Garage: Yes
  • Direction Faces: North
  • Roof: Composition
  • Structure Type: House

General Information

  • Carport: No
  • Covered Spaces: 1
  • Exterior Features: Cement/Concrete, Wood
  • Sewer: Sewer Connected

Room Information

Room: Approved Accessory

  • Level: Main

Room: Bathroom Full

  • Level: Main

Room: Bathroom Full

  • Level: Main

Room: Bathroom Full

  • Level: Main
  • Description: ADU Bathroom

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main

Room: Bedroom

  • Level: Main
  • Description: ADU Bedroom

Room: Bedroom

  • Level: Second

866 NW Karkainen Lane Neighborhood

Community

98370 (Poulsbo) Demographics

44
Median Age
482
Population Density (per sq. mile)
50%
College Educated
$85,299
Estimated Median Income
9,830
Estimated Total Home Owners
3,233
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

866 NW Karkainen Lane Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

866 NW Karkainen Lane Market Data

Based on the last 30 days in this zip code

$786,484
Average List Price
$348
Average Price per Square Foot
41
Properties Sold
76
Average Days on Market
181
Properties for Sale
Calculations provided by Reliance Network

866 NW Karkainen Lane History

Date Event Value Agent
6/12/2026Source: NWMLS Price Reduction
$724,888 -3.3%
6/11/2026Source: NWMLS Price Reduction
$749,800 -3.3%
6/1/2026Source: NWMLS Price Reduction
$775,000 -2.5%
5/15/2026Source: NWMLS Added to Database
May 15, 2026
6/16/2023Source: NWMLS Status Change
Sold
6/20/2022Source: NWMLS Added to Database
March 11, 2022
4/18/2022Source: NWMLS Status Change
Sold
3/14/2022Source: NWMLS Status Change
Pending