Some places simply have a way of making you slow down—Raft Island is one of them. Cross the bridge and discover this beautifully renovated retreat on 1.59 acres, where fresh, modern finishes blend effortlessly with timeless style. Filled with abundant natural light, warm, inviting materials, and thoughtfully selected fixtures, every space reflects attention to detail. The open-concept layout creates a seamless flow between the living spaces, while expansive windows frame breathtaking 180-degree views stretching from sunrise to sunset, showcasing Deadman’s Island, the Olympic Mountains, and the waters of Puget Sound. The well-designed floor plan features a main-level primary suite, while three generous bedrooms on the lower level provide room to spread out. Multiple indoor and outdoor gathering spaces make entertaining effortless, from quiet mornings taking in the views to summer evenings by the pool. Enjoy the large level lawn, raised garden, and an oversized three-car garage with room for vehicles and hobbies. Steps away, the private beach offers kayak and paddleboard storage so you are on the water in minutes. Raft Island residents also enjoy a private boat launch, sport court, neighborhood park, and quiet roads perfect for walking or biking. This unique island community offers the rare combination of privacy, recreation, and connection, all just minutes from downtown Gig Harbor. 164 Madrona is Pacific Northwest living at its very best!
Property Details
Price:
$1,825,000
MLS #:
NWM2555418
Status:
Active
Beds:
4
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Raft Island
Neighborhood:
7artondale
Listed Date:
Jul 22, 2026
Finished Sq Ft:
2,576
Total Sq Ft:
2,576
Lot Size:
69,133 sqft / 1.59 acres (approx)
Year Built:
1971
See this Listing
Schools
School District:
Peninsula
Elementary School:
Buyer To Verify
Middle School:
Buyer To Verify
High School:
Buyer To Verify
Interior
Bathrooms
1 Full Bathroom, 1 Three Quarter Bathroom, 1 Half Bathroom
Cooling
Central Air
Fireplaces Total
1
Heating
Forced Air
Interior Features
Fireplace, Skylight(s), Walk-In Closet(s)
Levels
One
Main Level Bathrooms
2
Main Level Bedrooms
1
Exterior
Architectural Style
Contemporary
Construction Materials
Wood
Covered Spaces
3
Exterior Features
Wood
Lot Features
Paved
Parking Features
Detached Garage, RV Parking
Parking Spots
3
Parking Total
3
Roof
Composition
Security Features
Partially Fenced
View
Bay
Financial
HOA Fee
$200
HOA Fee Frequency
Monthly
HOA Includes
Common Area Maintenance, Road Maintenance, See Remarks
Tax Year
2026
Taxes
$10,935
Map
Community
- Address164 Madrona Drive NW Gig Harbor WA
- SubdivisionRaft Island
- CityGig Harbor
- CountyPierce
- Zip Code98335
Subdivisions in Gig Harbor
- Arletta
- Artondale
- Bridgewood
- Burley
- Canterwood
- Colvos Passage
- Crescent Valley
- Cromwell
- East Gig Harbor
- Gig Harbor
- Gig Harbor North
- Henderson Bay
- Horsehead Bay
- In Town
- Key Center
- Key Peninsula
- Key Peninsula North
- Kopachuck
- Lake Holiday
- Lake Of The Woods
- Madrona
- Midway
- Minter
- North Rosedale
- North Vaughn
- Peacock Hill
- Peninsula
- Point Evans
- Point Fosdick
- Point Richmond
- Purdy
- Raft Island
- Rocky Bay
- Rosedale
- Seacliff
- Shore Acres
- Sylvia Lake
- The Narrows
- Vaughn
- Wauna
- Wauna Shores
- Wollochet
- Wollochet Area
- Wollochet Bay
- Wright Bliss
Market Summary
Current real estate data for Single Family in Gig Harbor as of Jul 25, 2026
333
Single Family Listed
82
Avg DOM
445
Avg $ / SqFt
$1,265,783
Avg List Price
Property Summary
- Located in the Raft Island subdivision, 164 Madrona Drive NW Gig Harbor WA is a Single Family for sale in Gig Harbor, WA, 98335. It is listed for $1,825,000 and features 4 beds, 3 baths, and has approximately 2,576 square feet of living space, and was originally constructed in 1971. The current price per square foot is $708. The average price per square foot for Single Family listings in Gig Harbor is $445. The average listing price for Single Family in Gig Harbor is $1,265,783. To schedule a showing of MLS#nwm2555418 at 164 Madrona Drive NW in Gig Harbor, WA, contact your Best in the West agent at 206-351-5550.
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© 2026 Northwest Multiple Listing Service as distributed by MLS GRID.
represents listings courtesy of NWMLS. Listed by Hawkins Poe.
Disclaimer: Based on information submitted to the MLS GRID as of Jul-25-2026 7:29:22 pm. 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.
Copyright 2026. All rights reserved.
represents listings courtesy of NWMLS. Listed by Hawkins Poe.Disclaimer: Based on information submitted to the MLS GRID as of Jul-25-2026 7:29:22 pm. 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.
Copyright 2026. All rights reserved.
164 Madrona Drive NW
Gig Harbor, WA


