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Every listing shows your estimated rebate.

The green number on each home is what could come back to you: the buyer-broker fee (typically 2 to 3%) minus our flat $9,750. No other search shows you this, because no other brokerage gives it back.

At a glance

240 Shannon Drive SE, Bainbridge Island, WA, 98110

$1,400,000·NWMLS #2552635

Estimated Arrivva buyer rebate$18,000 to $33,000

Every completed rebate is published: see all 256 closings.

Listing data from NWMLS. Listing courtesy of Jan Johnson of Windermere RE Bainbridge. Rebate estimate calculated by Arrivva.

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$1,400,000
100 Days On Site

240 Shannon Drive SE
Bainbridge Island, WA 98110

For Sale|Land|Active
Cumulative Days On Market:
100
Subdivision:
Bainbridge Island
County:
Kitsap
Courtesy of NWMLS
Listing courtesy of Jan Johnson of Windermere RE Bainbridge
Call Now: (408) 868-2620
Is this the listing for you? We can help make it yours.
(408) 868-2620
240 Shannon Drive SE240 Shannon Drive SE240 Shannon Drive SE240 Shannon Drive SE
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A rare opportunity! An income-generating Winslow corner lot near the Waterfront Park, Yacht Club, Senior Center, restaurants, shopping and Seattle Ferries. This coveted low maintenance location is currently occupied as a Ground Lease for the USPS parking lot. In the meantime, enjoy your strategic land bank investment backed by a secure Federal lease paying out a 4.11% annual return (plus tax reimbursement) till May of 2032, while making use of your time with designs and local governance zoning permits over the next few years. Seller's sketch for 'possibly' a 4-story/16 unit apartment complex to include an additional 7 offsite parking spots, is available. (CORE/Town Centr/Madison Overlay on the COBI website).

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Listing Snapshot
Price 
$1,400,000
Days On Site 
100 Days
Bedrooms 
N/A
Inside Area (SqFt) 
0 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.18 Acres
Year Built 
N/A
MLS Number 
2552635
Status 
Active
Property Tax 
$5,936
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS
3 months agoStatus changed to Active
3 months agoListing first seen on site
General Features
Acres 
0.18
Additional Property Use 
Multi-FamilyResidential
Utilities 
Electricity Available
Zoning 
CORE-Madison Overlay
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Exterior Features
Lot Features 
LevelCorner Lot
Community Features
Community Features 
Park
MLS Area 
170 - Bainbridge Island
School District 
Bainbridge Island
Financing Terms Available 
Cash
Roads 
Paved
Schools
School District
Bainbridge Island
Elementary School
Buyer To Verify
Middle School
Woodward Mid
High School
Bainbridge Isl
Courtesy of NWMLS
Listing courtesy of Jan Johnson of Windermere RE Bainbridge



Listing information is provided by Participants of the Northwest MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Northwest MLS.
All data is obtained from various sources and may not have been verified by the 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.
Last checked: 2026-10-21 01:48 PM PDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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*Estimate only. Actual rebate may vary based on final price, lender requirements, MLS rules, and broker policies.

Questions about this listing

How much could a buyer get back on 240 Shannon Drive SE, Bainbridge Island, WA, 98110?
Arrivva estimates a buyer rebate of $18,000 to $33,000 on this listing. The buyer-broker fee, typically 2 to 3% of the price, goes back to you minus Arrivva's flat $9,750 fee. Every completed rebate is published on the Arrivva results page. See every completed closing
Who is the listing brokerage for 240 Shannon Drive SE, Bainbridge Island, WA, 98110?
Listing courtesy of Jan Johnson of Windermere RE Bainbridge, per NWMLS listing #2552635. Arrivva is not the listing brokerage: Arrivva is a separate flat-fee brokerage that represents you as the buyer, with your interests first and no dual agency, ever. How Arrivva represents buyers
How do I schedule a tour of 240 Shannon Drive SE, Bainbridge Island, WA, 98110?
Set up a quick chat with Arrivva by phone or video. The team confirms showing availability fast, tours the home with you, and walks you through offer strategy and the rebate math before you commit to anything. Set up a time to talk

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