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Property view

866 NW Karkainen Lane, 
Poulsbo, WA 98370

$705,000


4

Beds


3

Baths


2,982

Sq Ft


Single Family

Sold

Listed by

Deborah Bonneville

, 

Jennifer Fetterplace

Bought with Salmon Capital Real Estate

Windermere Prof Partners

MLS#

2524977

Source:

NWMLS

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About This Home

866 NW Karkainen Lane

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.

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 1948

Subdivision & Development:

Poulsbo

Price Summary

724,888

$243 per Sq. Ft.

MLS #:

2524977

Sold:

August 19, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

2,982 Sq. Ft.


Structure

Structure

Architectural Style:

Craftsman

Building Area:

2,406 Sq. Ft.

Year Built:

1948


Lot

Lot Size (Sq. Ft):

22,216


Finances & Disclosures

Finances

Price:

$724,888

Price per Sq. Ft:

$243 per Sq. Ft.

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Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 28, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.