Bainbridge Island, WA

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  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Bainbridge Island short-term rental market based on reliable data.

Listings

115 / 206

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$40,160

Middle-Earners Revenue

Occupancy

63%

Middle-Earners Occupancy

Home Value

$1,146,582

Median Home Sale Price

Top Earners

$90,354

Top-Earners Revenue

Bainbridge Island

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Bainbridge Island.

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B

Generally Investor friendly

Bainbridge Island Regulations

STRs are explicitly permitted citywide with a straightforward online registration system and defined operational rules, but involve moderate complexity through annual certificates, state licensing, insurance, and tax filings. There are no strict caps on the number of STRs, and enforcement via a complaint system and penalties is manageable without being overly burdensome. The overall regulatory tone is supportive of STRs as long as compliance with standards like occupancy limits and tax obligations is maintained.

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About Bainbridge Island

Bainbridge Island is a scenic city situated in Kitsap County, Washington. With a population of approximately 24,000 residents, Bainbridge Island offers a small-town feel while being conveniently located just a short ferry ride away from Seattle, the nearest major city, approximately 10 miles away across Puget Sound.

Known for its natural beauty and serene environment, Bainbridge Island is a popular destination for short-term rentals. Visitors are attracted to the picturesque landscapes, outdoor recreational opportunities, and vibrant local culture.

Landmarks and Points of Interest:

  1. Bainbridge Island Historical Museum: This museum provides a glimpse into the island's rich history, featuring exhibits that span from native cultures to contemporary times. Bainbridge Island Historical Museum

  2. Bloedel Reserve: A stunning 150-acre nature preserve that combines beautifully landscaped gardens and natural woodlands, ideal for those who appreciate peaceful strolls and horticulture. Bloedel Reserve

  3. Fay Bainbridge Park: Situated on the northeast tip of the island, this park offers panoramic views of Puget Sound, sandy beaches, and opportunities for picnicking and camping. Fay Bainbridge Park

  4. Bainbridge Island Museum of Art (BIMA): This museum showcases contemporary art and crafts from the Puget Sound region, supporting local artists and providing dynamic exhibits. Bainbridge Island Museum of Art

  5. Winslow Way: The main street of Bainbridge Island, Winslow Way, is filled with charming boutiques, cafes, and restaurants, making it a pleasant spot for shopping and dining.

Bainbridge Island's close proximity to Seattle, combined with its tranquil atmosphere and numerous attractions, make it an appealing destination for those considering short-term rentals, whether for a weekend getaway or a longer stay to explore the Pacific Northwest.

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