MLS: #NWM2552635, Listed By: Jan Johnson, Windermere RE Bainbridge, Source:NWMLS - Northwest Multiple Listing Service
240 Shannon Drive
Bainbridge Island, WA 98110
0.18Acre(Lot)
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Water Source
WaterSource: In Street
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Lot Information
Lot Dimensions: irregular Lot Description: Corner Lot Lot Square Feet: 7841 Lot Acres: 0.18Property Information
Property Type: Land Sub Type: Land Structure Type: None
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Listing Price Information
Original List Price:$1400000
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Tax Information
Annual Tax: $5936 Tax Year: 2026 Parcel Number: 41140000070000
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School Information
Elementary School: Buyer To Verify Junior High School: Woodward Mid Senior High School: Bainbridge Isl -
Utility Information
Electricity Available Sewer: In Street Water Source: In Street -
Location Information
Subdivision: Bainbridge Island City: Bainbridge Island Direction: Off Ferry, Left on Winslow Way to Madison, Left to Bjune Drive & take a Left to lot on the SE corner of Bjune Drive and Shannon Drive. Driveway into lot off Shannon.
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 10240 NE Lafayette Avenue, Bainbridge Island, WA, 98110 | $315,000 | -- | -- | -- | 0.21 Acre(Lot) |
| 17180 Agate Street, Bainbridge Island, WA, 98110 | $1,450,000 | -- | -- | -- | 2.96 Acres(Lot) |
| 113 XX North Madison Av.., Bainbridge Island, WA, 98110 | $395,000 | -- | -- | -- | 0.84 Acre(Lot) |
| 16230 Agate Pass Road #.., Bainbridge Island, WA, 98110 | $465,000 | -- | -- | -- | 2.16 Acres(Lot) |
| NE West Port Madison Road, Bainbridge Island, WA, 98110 | $600,000 | -- | -- | -- | 4.71 Acres(Lot) |
| 868 Gilmore Way, Bainbridge Island, WA, 98110 | $710,888 | -- | -- | -- | 0.30 Acre(Lot) |
| Madison Avenue, Bainbridge Island, WA, 98110 | $6,000,000 | -- | -- | -- | 8.98 Acres(Lot) |
| 9300 New Brooklyn Road, Bainbridge Island, WA, 98110 | $8,050,000 | -- | -- | -- | 8.06 Acres(Lot) |
| 9495 Bucsit Lane, Bainbridge Island, WA, 98110 | $595,000 | -- | -- | -- | 2.36 Acres(Lot) |
| 9501 Bucsit Lane, Bainbridge Island, WA, 98110 | $595,000 | -- | -- | -- | 2.54 Acres(Lot) |
Similar Land To 240 Shannon Drive
Nearby For Sale
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ByOwner last updated this listing 07/19/2026 @ 06:20
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