Sold297d on market
164 Madrona Drive NW
Gig Harbor, WA, 98335 • 98335 • Pierce County
$1,850,000
$718/sqft
4Beds
3Baths
2,576Sqft
1.6 acLot
1971Built
Property DNA
Waterfront Property
Direct water access
Scenic Views
Bay · Sound · Territorial
Contemporary Style
Built 1971 · 55 years of history
Raft Island
98335
Outdoor Living
Bath Off Primary · Ceramic Tile · Double Pane/Storm Window · Dining Room · Fireplace · French Doors · Hot Tub/Spa · Skylight(s) · Water Heater
1 Fireplace
Gas · Main Level: 1 · Fireplace
3-Car Garage
Driveway · Detached Garage · RV Parking
Ceramic Tile Floors
Quality flooring throughout
This home is getting attention
Listed 297 days ago · 41 views · 1 saves
Market activity
Demand and pricing signals for this listing
41 views
People checking out this listing
1 saves
Buyers have saved this home
297 days on market
Established listing
$718/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 13% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1971
Escape the ordinary and come home to a dream! Cross the Raft Island bridge to find this incredibly peaceful & private 1.59 acre hideaway offering everything you'll need to live & play! Awe inspiring 180 degree SUNRISE to SUNSET views. The next best thing to waterfront awaits you w/ the community beach just steps away. Raft Island is a private island that is walkable, friendly, offers awesome beaches, boat launch, tennis/pickleball court, parks & more. Store your kayaks & paddle board at the community beach & you're just minutes away from being on the water. Relax & entertain at the pool while enjoying the views. If you're looking for the laid back vibe of island life & want to live just minutes from the Harbor & Hwy 16, then you've arrived!
Standout features identified
Our analysis highlights pool and hot tub, well-designed garden space, and outdoor oasis as key attractions of this home.
Estimated monthly payment
Based on current rates
$11,720/month
Principal & Interest$9,053
Property Tax$1,850
Insurance$617
HOA$200
Down payment20% ($370,000)
3%50%
Est. 6.19% rate · 30yr fixed · $1,480,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1971
HeatingFireplace, Fireplace Insert, Forced Air, Electric, Natural Gas
Parking3 Garage spaces
HOA$200 monthly
Lot1.59 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleContemporary
Year built1971
Stories1
Systems
HeatingFireplace, Fireplace Insert, Forced Air, Electric, Natural Gas
RoofComposition
ConstructionWood Siding
Water / SewerCommunity, Company: Washington Water / Septic Tank, Company: Septic
Parking & Outdoor
ParkingDriveway, Detached Garage, RV Parking
Garage3 spaces
BasementDaylight,Finished
Fireplaces1
Lot1.59 Acres
Location & Tax
Neighborhood98335
ZoningR10
Annual tax$9,160
Parcel7097000112
Bathrooms & Fees
Full baths1
HOA$200/mo
Features & details
14 categories of property features
Interior Features
Interior
Bath Off Primary
Dining Room
Appliances
Dishwasher(s)
Dryer(s)
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Water Heater: Gas
Water Heater Location: Laundry Room
Flooring
Ceramic Tile
Vinyl Plank
Carpet
Heating
Fireplace
Fireplace Insert
Forced Air
Electric
Natural Gas
Fireplace
Gas
Main Level: 1
Fireplace
Windows
Double Pane/Storm Window
Skylight(s)
Exterior Features
Parking
Driveway
Detached Garage
RV Parking
Construction
Wood Siding
Patio & Porch
Bath Off Primary
Ceramic Tile
Double Pane/Storm Window
Dining Room
Fireplace
French Doors
Hot Tub/Spa
Skylight(s)
Water Heater
Lot Features
Paved
Secluded
Cable TV
Deck
Fenced-Partially
Gas Available
High Speed Internet
Hot Tub/Spa
Irrigation
Patio
RV Parking
Shop
Sprinkler System
Community
Athletic Court
Boat Launch
CCRs
Park
Playground
Views
Bay
Sound
Territorial
Pool Features
In-Ground
Utilities
Xfinity
Room details
15 rooms detailed
Master Bedroom
MainBedroom
LowerBedroom
LowerBedroom
LowerBathroom Full
MainBathroom Three Quarter
LowerListing insights
Market data and value estimates
StatusSold
Days on market297
Est. value$1,802,300
Est. rent$4,194/mo
Tax rate0.88%
Price/sqft$718
On marketJun 29, 2025
PostedApr 9, 2025
Last sold$1,850,000
MLS statusSold
MLS updatedJul 14, 2025
Tour days6
Views41
Favorites1
How are the schools in Gig Harbor?
3 schools rated nearby
Location
Gig Harbor, WA, 98335
Price history
9 events
DateEventPrice$/sqftSource
Jun 13, 2025Sold$1,850,000$718NWMLS as distributed by MLS GRID
May 16, 2025Pending Sale$1,850,000$718NWMLS as distributed by MLS GRID
May 8, 2025Listed For Sale$1,850,000$718NWMLS as distributed by MLS GRID
Apr 16, 2025Pending Sale$1,850,000$718NWMLS as distributed by MLS GRID
Apr 9, 2025Listed For Sale$1,850,000$718NWMLS as distributed by MLS GRID
Dec 1, 2023Sold$659,600$256NWMLS as distributed by MLS GRID
Nov 11, 2023Pending Sale$699,000$271NWMLS as distributed by MLS GRID
Nov 10, 2023Listed For Sale$699,000$271NWMLS as distributed by MLS GRID
Aug 31, 2004Sold$500,000$194Public Record
Sold$1,850,000
Jun 13, 2025•$718/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,850,000
May 16, 2025•$718/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,850,000
May 8, 2025•$718/sqft•NWMLS as distributed by MLS GRID
Pending Sale$1,850,000
Apr 16, 2025•$718/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$1,850,000
Apr 9, 2025•$718/sqft•NWMLS as distributed by MLS GRID
Sold$659,600
Dec 1, 2023•$256/sqft•NWMLS as distributed by MLS GRID
Pending Sale$699,000
Nov 11, 2023•$271/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$699,000
Nov 10, 2023•$271/sqft•NWMLS as distributed by MLS GRID
Sold$500,000
Aug 31, 2004•$194/sqft•Public Record
Tax history
13 years of records
YearTax paidAssessed value
Apr 7, 2024$9,160$977,200
Apr 7, 2023$9,054$952,700
Apr 7, 2022$8,330$931,200
Apr 7, 2021$7,043$701,900
Apr 7, 2019$6,038$589,500
Apr 7, 2018$5,850$561,300
Apr 7, 2017$4,981$496,300
Apr 7, 2016$4,514$390,300
Apr 7, 2014$4,514$370,400
Apr 7, 2013$4,172$360,900
Apr 7, 2012—$335,000
Apr 7, 2011—$415,700
Apr 7, 2010—$470,500
Nearby homes
Neighborhood details
Local context around this listing
Gig Harbor, WA • Pierce County
Nearby neighborhoods
Peacock HillPurdyRosedale/HuntSoundviewStansberry LakeView BasinWestside
Nearby cities
Bonney LakeEnumclawGig HarborGrahamLakewoodParklandPuyallupSpanaway
Nearby zip codes
98329983329833598395
Similar homes
Based on information submitted to the MLS GRID as of 2026-04-07 06:03:27 PDT. All data is obtained from various sources and may not have been verified by 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. [Click here for more information](/mls-disclaimers/#39)
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