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For Sale9 Days
$1,295,000

261 Madrona Street
Orcas Island, WA 98245

Residential For Sale
2 Beds
2 + 1 Half Baths
2,454 Sq. Ft.
0.15 Acre Lot
COMPASS

Provided by Northwest Multiple Listing Service, 2024.

Description for 261 Madrona Street, Orcas Island, WA 98245

Income opportunity in town! This charming 2 bed, 1.5 bath home offers a prime in-town location with serious income potential due to land-use designation as Village Commercial. Literally a three-minute walk to the nation’s best restaurants, galleries, bakeries, bookstore and more in the heart of town this original island home built in 1948 has been thoughtfully remodeled, has a fully fenced yard; two-car garage. Move in and enjoy all the island has to offer or take advantage of its multi-use designation by applying for a permit as bed and breakfast, hotel or fully redevelop with up to 40 units to the acre!

Property Details

Listing Details
For Sale
Residential
House/Single Family
None
For Sale
NWM2278467
$1,295,000
11/20/2024
2,454 Sqft
1948
2,454 Sqft
Single Family
Dishwasher(s),Stove(s)/range(s),Dryer(s),Refrigerator(s),Washer(s)
2
NWM39710
Location Information
US
WA
San Juan
Orcas Island
98245
Madrona
261
Street
Eastsound
W123° 5' 46.8''
N48° 41' 46.9''
261 Madrona Street , Orcas Island, WA 98245
901 - Orcas, Obstruction & Crane Island
Yes
Garage/Parking
Driveway
2
No
Yes
Interior Features
2
2
1
1
Dishwasher(s),Stove(s)/range(s),Dryer(s),Refrigerator(s),Washer(s)
Carpet,Laminate
Wall To Wall Carpet,Water Heater,Double Pane/storm Window,Laminate Hardwood,Fireplace
Fullyfenced
Basement
Daylight,Finished
Exterior Features
No
No
Wood
Composition
WaterFront and WaterAccess
No
Land Info
0.15 Acre
Paved,Value In Land
East
271454305000
Monthly
Utilities
Ductless Hp-mini Split
None
Sewer Connected
HOA Info
Monthly
No
Rental Info
Monthly
Tax Info
$4,379
2024
Schools
Orcas Elem
Orcas Isl High
Orcas Isl Mid
Listing Information
COMPASS
Wally Gudgell
96
NWM7654
Nwmls
$1,295,000
11/20/2024 20:10:09
Poured Concrete
House
Community
Orcas Island
NWM141048
COMPASS
Kevin Ranker

Price History

Source: MLS
DateEventPriceSource
2024-11-20For Sale$1,295,000MLS
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Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

4

Bike Score

7

Transit Score

3

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Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2024. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2024 NWMLS. All rights are reserved.
Disclaimer: The information contained in this listing has not been verified by listings.com and should be verified by the buyer.