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Off market
  • $1,993,500

    14988 Sivertson Rd NE, Bainbridge Island, WA 98110

    1beds
    1.93Acres
    VacantLand
    Built in 1917
    1.93 Acres Lot
    $1,993,500 Zestimate®
    $1,533/sqft
    $2,692 Estimated rent

    Home value

    $1,993,500

    $1.69M - $2.33M

    $2,692/mo

    Zestimate® history
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    Owner options

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    $2,692/mo

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    $2,692/mo

    Rent Zestimate®

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    $11,884/mo

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    $11,884/mo

    Est. payment

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    What's special

    One of those few and far between opportunities has presented itself, as the magic of Port Madison comes together with an heirloom estate not seen on the market for generations, and not likely to be seen again for many more. Situated on two acres of stunning, park-like grounds, possibilities abound in a property of this caliber. Pristine land is ready for your vision: build a custom dream home on one of the identified building sites. The size of the parcel means you can even add an additional full guest house, ADU, or a separate dwelling/homesite on the upper portion to expand upon a legacy compound. On the land side, a quiet and peaceful street leads one to the property, set amongst some of Bainbridge Island's most prized waterfront estates. A private drive brings in glimpses of the tranquil shorefront leading through the grounds and down to the water's edge--a true aquatic oasis. A pier, dock, and boathouse complex meets protected deep-water moorage to complement a historic, 1917 built dwelling that spans 1,300 square feet. Shoreline rules and regulations allow for the dwelling to be repaired, enhanced, or rebuilt, so long as it is done within its existing footprint, if desired. The boathouse, constructed in 2016, is spectacular. It offers power and water, measures 22' wide by 50' long and 16' across from each interior walkway, has an automatic door height of over 16', and has been used to accommodate a 42' Grand Banks Trawler year-round. Boathouses of this footprint are no longer permitted on these waters, but this one is grandfathered in for eternity. The dock and float can support year-round moorage for a large sailboat, with the exception of only a few minus tides per year. This is a true boater's paradise! Port Madison Bay is one of the most popular boating areas in Central Puget Sound, and arguably the most desirable neighborhood on Bainbridge Island. Named for James Madison, the fourth president of the United States, this area was once home to a booming lumber mill scene. Time has seen transformation, as it has become a fantastic residential area and destination for boaters with its yacht club and easy access to Indianola and Suquamish. This is your once-in-a-lifetime opportunity to create something special and unique--to be passed down through generations and forever enjoyed.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Baseboard, Electric
    Cooling
    • None
    Features
    • Basement: Partially finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,300 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Carport
    Features
    • Exterior features: Other
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 1.93 Acres
    Details
    • Parcel number: 33260240052002

    Community & neighborhood

    Location
    • Region: Bainbridge Island

    Price history

    DateEventPrice
    5/6/2022Sold$1,750,000-10.3%$1,346/sqft
    Source: NWMLS as distributed by MLS GRID #1902195 Report a problem
    4/11/2022Pending sale$1,950,000$1,500/sqft
    Source: Realogics Sothebys International Realty #1902195 Report a problem
    4/11/2022Contingent$1,950,000$1,500/sqft
    Source: NWMLS as distributed by MLS GRID #1902195 Report a problem
    3/26/2022Listed for sale$1,950,000$1,500/sqft
    Source: NWMLS as distributed by MLS GRID #1902195 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$9,353 +15.3%$1,187,490 +10.1%
    2023$8,114 -4.4%$1,078,290
    2022$8,487 -8.3%$1,078,290 +7.8%
    2021$9,253 +2.2%$1,000,570 +7.2%
    2020$9,057 +17.5%$933,390 +16.7%
    2019$7,709 -4.8%$799,570 +19.1%
    2018$8,101 $671,370
    2017$8,101 +15.8%$671,370 +0.1%
    2016$6,996 -4.8%$670,780
    2015$7,346 $670,780 +12%
    2014$7,346 +2.1%$598,960
    2013$7,196 +4.8%$598,960 -3.2%
    2012$6,869 -5.3%$618,860 -12.1%
    2011$7,253 +2.2%$703,660 -3.5%
    2010$7,097 +8.9%$729,350 -4.5%
    2009$6,516 +10.2%$763,530 +8.2%
    2008$5,915 +3.3%$705,710 +14.4%
    2007$5,727 +18%$616,970 +40.5%
    2005$4,854 $439,030 +0.3%
    2002-- $437,810 +14.4%
    2001$4,872 +3.2%$382,620 +15.8%
    2000$4,721 $330,350

    Find assessor info on the county website

    Neighborhood: Seabold

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: BISD303
    • Middle: Sakai/Woodward
    • High: BHS

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.