866 NW Karkainen Lane, Poulsbo, WA 98370

$705,000
4
BD
3
BA
1,894
SqFt

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Listing Broker: Windermere Prof Partners; Deborah Bonneville; 360-340-3359; deborah@fetterplaceco.com Selling Office: Salmon Capital Real Estate.

Sold Price
$705,000
List Price
$724,888
Status
SOLD
MLS#
2524977
Closing Date
Aug 19, 2026
Days on Market
70
Bedrooms
4
Finished SqFt
1,894
Area Total SqFt
2406
Annual Tax Ammount
5425
Internet Provider
Xfinity
Lot Size (sq ft)
22,216
Sewer
Sewer Connected

Property Description

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.

Additional Information

Community
Poulsbo
Style
17 - 1 1/2 Stry w/Bsmt
Basement
Partially Finished
Year Built
1948
Total Covered Parking
1
Roof
Composition
Site Features
Fenced-Partially
Tax Year
2026
School District
North Kitsap #400
Elementary School
Buyer To Verify
Middle School
Buyer To Verify
High School
Buyer To Verify
Potential Terms
Cash, Conventional, FHA, VA Loan
Interior Features
Second Kitchen, Bath Off Primary, Dbl Pane/Storm Window, Water Heater
Flooring
Ceramic Tile, Laminate, Carpet
Driving Directions
Highway 3 to Finn Hill Rd Exit, head East on Finn Hill to Right on Karkainen Lane The homes are on the corner of Finn Hill and Karkainen.
Appliance
Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
Appliances Included
Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Water Heater Location
Basement
Water Heater Type
Electric
Energy Source
Electric
Based on information submitted to the MLS GRID as of . 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.
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