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5482 Fletcher Landing NE, Bainbridge Island, WA, 98110

2beds
3baths
3,010sqft
$3,498,000
$1,162price/sqft
$20,726/moest. monthly cost
$829,040/yrincome needed

About This Home

Perched along the coveted shores of Fletcher Bay, this extraordinary single-level waterfront retreat lives like a private luxury resort, seamlessly blending refined design with exceptional indoor-outdoor living. Rebuilt to the studs in 2018, the home showcases impeccable craftsmanship, sophisticated finishes, and light-filled interiors throughout. Expansive walls of glass frame sweeping Puget Sound and Olympic Mountain views, delivering unforgettable sunsets. The gourmet chef’s kitchen is as elegant as it is functional, featuring marble countertops, premium Wolf and Sub-Zero appliances, and a beautifully designed wine room. The serene waterfront primary suite offers a true sense of escape, complete with tranquil bay views and a spa-inspired bath designed for ultimate relaxation. Just down the hall are an additional bedroom, a dedicated office or guest quarters, and two beautifully appointed baths. A separate media room with surround sound creates the perfect space for movie night. Outside, cascading tiers of expansive entertaining decks lead to a private dock, offering endless opportunities for boating, kayaking, paddleboarding, or simply enjoying the peaceful waterfront setting. Privately situated on an estate-like property with a paved drive and three-car garage, this exceptional home is nestled in the quiet beauty of Fletcher Bay — a destination cherished by boaters and nature lovers alike. A rare opportunity to experience island living at its absolute finest.

Getting Around

2
WalkingCar-Dependent
16
TransitMinimal Transit
17
BikeSomewhat Bikeable

Schools

8/10
Woodward Middle SchoolGrades 7-82.2 mi
10/10
Bainbridge High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1975

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Cement Planked,Cement Plank

Notable Dates

  • Major remodel year: 2018

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Double Oven,Dryer,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Refrigerator(s),Washer(s)

Basement

  • Basement: None

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 3/4 bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 2

Bonus Room

  • Level: Main

Den Office

  • Level: Main

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Bath Off Primary,Dining Room
  • Door features: French Doors
  • Window features: Dbl Pane/Storm Window
  • Flooring: Ceramic Tile,Hardwood,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Gas,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Forced Air,Heat Pump,Electric
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 3,010
  • Total interior livable area: 3,010 sqft

Kitchen Without Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Other

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 41920000050005
  • Special condition: Standard
  • Other equipment: Wired for Generator

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Fireplace,French Doors,Jetted Tub,Solarium/Atrium,Sprinkler System,Walk-In Closet(s),Wine/Beverage Refrigerator,Wired for Generator
  • Spa features: Bath
  • Has view: Yes
  • View description: Bay,Sound
  • Has water view: Yes
  • Water view: Bay,Sound
  • On waterfront: Yes
  • Waterfront features: Bayfront,No Bank,Sound
  • Frontage length: Waterfront Ft: 90
  • Topography of land: Partial Slope
  • Residential vegetation: Garden Space

Lot

  • Lot size: 0.45 Acres
  • Features: Dead End Street,Paved,Cable TV,Deck,Dock,Fenced-Partially,High Speed Internet,Moorage,Patio,Propane,Sprinkler System

Parking

  • Total spaces: 7
  • Parking features: Attached Garage
  • Has garage: Yes
  • Covered spaces: 3
  • Uncovered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Earthquake
Coastal Flooding
Landslide

FEMA Declared Disasters in Kitsap County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $17,687$212,244
Home Insurance *$650$7,800
Property Taxes $2,184$26,208
Electricity $205$2,470
Total$20,726$248,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$710,605/yr
40% on housing$621,780/yr
45% on housing$552,693/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 3.0%
3.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,162This listing

vs Other Active Listings

Avg $/sqft

ZIP 98110$513
Kitsap County$291

vs Homes Sold Last Month

Median $/sqft

ZIP 98110$545
Kitsap County$302

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Listed for sale$3,999,500
2017-09-27Sold$1,250,000
2017-09-19Listed for sale$1,195,000
2017-08-08Pending sale$1,195,000
2017-08-03Listed for sale$1,195,000

For Sale by Agent

AgentCheryl A. Mauer
BrokerageWindermere RE Bainbridge

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