Set in the peaceful and sought-after Madrona Point neighborhood, this charming waterfront one-story home with an unfinished basement offers the perfect blend of original character and untapped potential. Built in 1930 and set on a generous 0.29-acre lot, it’s a rare find with room to grow—whether you’re looking to update, expand, or simply make it your own.
Sold
Listed by: COMPASS • Porter Balke
Bought with: John L. Scott, Inc.
$560,000
1534 Madrona Point Drive, Bremerton, WA 98312
2beds
2,320sqft
Single Family Residence
Built in 1930
0.29 Acres Lot
$573,400 Zestimate®
$241/sqft
$2,089 Estimated rent
Home value
$573,400
$528,000 - $625,000
$2,089/mo
Zestimate® history
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$3,367/mo
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List your homeWhat's special
Original characterUntapped potentialOne-story home
Zillow last checked:
Listing updated:
Listed by:
Porter Balke,
COMPASS
Bought with:
Joseph D Simon, 79694
John L. Scott, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2425578
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Entry hall
- Level: Main
Living room
- Level: Main
Heating
- Fireplace, Forced Air, Electric
Cooling
- None
Appliances
- Included: Dishwasher(s), Disposal, Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal
Features
- Flooring: Hardwood, Carpet
- Basement: Unfinished
- Number of fireplaces: 2
- Fireplace features: Wood Burning, Main Level: 2, Fireplace
Interior area
- Total structure area: 2,320
- Total interior livable area: 2,320 sqft
Property
Parking
- Total spaces: 2
- Parking features: Detached Carport
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Fireplace
- Has view: Yes
- View description: Bay, Ocean, Sound
- Has water view: Yes
- Water view: Bay,Ocean,Sound
- Waterfront features: Bayfront, Ocean Front, Strait
Lot
- Size: 0.29 Acres
- Features: Dead End Street, Paved, Deck, High Speed Internet, Patio
- Topography: Partial Slope
- Residential vegetation: Garden Space, Wooded
Details
- Parcel number: 16240110422007
- Zoning: R-10
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Composition
Condition
- Year built: 1930
- Major remodel year: 1930
Utilities & green energy
- Sewer: Sewer Connected
- Water: Public
Community & HOA
Community
- Subdivision: Madrona Point
Location
- Region: Bremerton
Financial & listing details
- Price per square foot: $241/sqft
- Tax assessed value: $619,550
- Annual tax amount: $5,464
- Date on market: 10/13/2025
- Cumulative days on market: 166 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2025 | Sold | $560,000-5.9%$241/sqft |
Source:  NWMLS as distributed by MLS GRID #2425578 Report a problem | ||
| 9/11/2025 | Pending sale | $595,000$256/sqft |
Source: NWMLS as distributed by MLS GRID #2425578 Report a problem | ||
| 8/27/2025 | Listed for sale | $595,000$256/sqft |
Source: NWMLS as distributed by MLS GRID #2425578 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,462 +3.6% | $619,550 |
| 2023 | $5,271 -3.3% | $619,550 |
| 2022 | $5,448 +5.7% | $619,550 +17.6% |
| 2021 | $5,154 +6.8% | $526,960 +16.7% |
| 2020 | $4,826 +18.6% | $451,660 +14.6% |
| 2019 | $4,069 -7.5% | $394,270 +29.1% |
| 2018 | $4,400 | $305,460 |
| 2017 | $4,400 +10.1% | $305,460 +7.4% |
| 2016 | $3,998 +1.7% | $284,370 +21.4% |
| 2015 | $3,933 | $234,280 -2.9% |
| 2014 | $3,933 +20.8% | $241,370 |
| 2013 | $3,256 +3.7% | $241,370 -1.4% |
| 2012 | $3,139 -11.7% | $244,870 -17.8% |
| 2011 | $3,554 -3.4% | $298,010 -10.8% |
| 2010 | $3,681 -15.7% | $334,020 -22.2% |
| 2009 | $4,368 +5.5% | $429,570 |
| 2008 | $4,142 +13% | $429,570 +24.6% |
| 2007 | $3,664 +21% | $344,640 +52.3% |
| 2005 | $3,028 | $226,270 +13.7% |
| 2002 | -- | $199,080 |
Find assessor info on the county website
Neighborhood: 98312
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Nearby schools
GreatSchools rating
- 8/10Kitsap Lake Elementary SchoolGrades: K-5Distance: 0.7 mi
- 3/10Mountain View Middle SchoolGrades: 6-8Distance: 3.1 mi
- 4/10Bremerton High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$573,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$573,400
- Washington
- Kitsap County
- Bremerton
- 98312
- 1534 Madrona Point Drive
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