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243 Shepard Way NW, Bainbridge Island, WA, 98110

2beds
2baths
1,288sqft
$499,000
$387price/sqft
$3,091/moest. monthly cost
$123,640/yrincome needed

About This Home

Enjoy easy Bainbridge Island living in this thoughtfully updated townhome-style home with great Winslow location, the Seattle ferry, shopping, dining and neighborhood parks. This wonderful end unit is filled with natural light, the open main level offers a welcoming living room with a wood-burning fireplace and an updated kitchen featuring stainless steel appliances, solid surface countertops, abundant cabinetry and breakfast bar seating. Upstairs are two spacious bedrooms, an updated full bath, convenient laundry and partial water and territorial views. Relax on the private deck overlooking mature landscaping or take advantage of the community pool and clubhouse. An attached one-car garage provides additional storage and convenience, making this move-in ready home an exceptional opportunity in one of Bainbridge Island's most desirable locations.

Getting Around

79
WalkingVery Walkable
28
TransitSome Transit
63
BikeBikeable

Schools

9/10
Ordway Elementary SchoolGrades K-40.9 mi
9/10
Woodward Middle SchoolGrades 7-81.5 mi
10/10
Bainbridge High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1978

Materials

  • Roof: Composition
  • Construction materials: Cement/Concrete,Wood Siding,Wood Products

Type & Style

  • Home type: Condo
  • Architectural style: Craftsman,Condo (2 Levels)
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s),Water Heater: Electric,Water Heater Location: Utility room

Bathroom Full

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1

Dining Room

  • Level: Main

Entry Hall

  • Level: Garage

Features

  • Window features: Coverings: Blinds
  • Flooring: Concrete,Laminate
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Lower Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Wall Furnace,Electric
  • Cooling features: None

Interior Area

  • Total structure area: 1,288
  • Total interior livable area: 1,288 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Second

Other

  • Level: Main

Utility Room

  • Level: Second

Property

Details

  • Parcel number: 80160055040005
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Garage
  • Patio & porch: Fireplace,Primary Bathroom,Walk-In Closet(s),Water Heater
  • Has view: Yes
  • View description: Territorial

Parking

  • Total spaces: 1
  • Parking features: Individual Garage
  • Has garage: Yes
  • Covered spaces: 1

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
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiModerate

How This Home’s Risks Compare

Earthquake
Coastal Flooding
Heat Wave
Tsunami

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 $2,523$30,276
Home Insurance *$92$1,104
Property Taxes $327$3,924
Electricity $149$1,793
Total$3,091$37,092
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$105,977/yr
40% on housing$92,730/yr
45% on housing$82,426/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

$387This listing

vs Other Active Listings

Avg $/sqft

ZIP 98110$531
Kitsap County$294

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
2026-07-09Listed for sale$499,000
2024-09-04Listing removed$2,900
2024-08-10Listed for rent$2,900
2005-07-29Sold$152,780

For Sale by Agent

AgentTimothy Thompson
BrokerageThe Agency Bainbridge Island

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