Listing Office: Windermere RE Bainbridge Northwest Multiple Listing Service Logo

240 Shannon Drive Se, Bainbridge Island, WA

$1,400,000

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0.18

Acres

About 240 Shannon Drive Se

A rare opportunity to own a corner lot of .18 acres within prime downtown Winslow zoning. (CORE/Town Center/Madison Overlay). Strategic land banking with appreciation potential in this coveted location while local governance zoning decisions are made over the next few years. Currently occupied as an employee parking lot for the USPS, this 4.11% Annual return on your investment is backed by a secure 5+ year Ground Lease located adjacent existing above-ground multi-family housing and just up the street from the Waterfront Park.

Features of 240 Shannon Drive Se

MLS® # 2552635
Price $1,400,000
Acres 0.18
Type Land
Sub-Type Land
Status Active

Community Information

Address 240 Shannon Drive Se
Area 170 - Bainbridge Island
Subdivision Bainbridge Island
City Bainbridge Island
County Kitsap
State WA
Zip Code 98110

Amenities

Is Waterfront No

Interior

Fireplace No

Exterior

Lot Description Corner Lot

School Information

District Bainbridge Island
Elementary Buyer To Verify
Middle Woodward Mid
High Bainbridge Isl

Additional Information

Date Listed July 13th, 2026
Days on Market 45
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWindermere RE Bainbridge

Listing Map

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