$724,888
Est. $3,673/mo4 bd•3 ba•1,894 sq ft
866 Nw Karkainen Lane, Poulsbo, WA 98370
• Listed 2026-05-15•1 day on market
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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.
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866 Nw Karkainen Lane, Poulsbo, WA 98370
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
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MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of June 12, 2026 at 09:28am (date and time MLS GRID Data was obtained). 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 courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Listed by Deborah Bonneville • Windermere Prof Partners
Listing updated: June 12, 2026 at 09:28am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2524977
Open Sun, Jun 14 +5
Open Sun, Jun 14 +1Poulsbo is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 7 days.
$770,000 Sold
4 weeks ago
3 bd•1 ba
21988 Urdahl Road Nw, Poulsbo, WA 98370
3%
Under list
—
Days on market
0.8 mi
Distance
$745,500 Sold
6 weeks ago
3 bd•2.5 ba•~2,512 sq ft•Single Family
19795 4th Avenue Ne, Poulsbo, WA 98370
4%
Under list
—
Days on market
1.0 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
North Kitsap #400 School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
