Listed by Michael Konopik, COMPASS
- 2
- Bedrooms
- 3
- Bathrooms
- 3,574
- Square feet
- $490
- Per sq ft
- Single Family Residence
- Type
- 2001
- Year built
- 19,601 sq ft
- Lot
- 328
- Days on market
About this property
Experience the rare combination of scale, beachfront presence, and dual-residence flexibility along one of Whidbey Island’s most sought-after shorelines. A total living space of 3574 sq ft (Main House = 2583 sf + Guest House = 1091 sf) graces this expansive, light-filled home spanning three levels of living, crowned by a rooftop deck and paired with a detached guest house and garage/shop—an uncommon offering for Mutiny Bay. Designed for effortless coastal living, the main level features open gathering spaces, with a private primary suite above and a generous lower level ideal for extended stays, recreation, or reimagined living. Floor-to-ceiling outlooks capture sweeping sunsets, mountain vistas, and the ever-changing marine life and shipping lanes of Puget Sound. The detached guest house offers exceptional versatility, complete with a 3-bay garage, shop space, and a spacious apartment above—perfect for guests, multigenerational living, or future rental income. A covered boathouse berth further enhances the waterfront lifestyle. While the property awaits thoughtful updates, the underlying value is undeniable. With its size, configuration, and premier location already in place, this is a rare chance to transform a waterfront compound into a legacy retreat. Motivated sellers have positioned this offering to reflect both current condition and exceptional future potential, and the Property is sold as-is.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2438345
- Listed
- October 3, 2025
- Days on market
- 328
- Price per sq ft
- $490
- Original list price
- $2,600,000
Unit & building
- Unit levels
- Three Or More
Parking
- Parking
- Attached CarportDetached Garage
- Covered spaces
- 3
Views
- View
- BayIslandsMountainsOceanSeaSoundStrait
Construction
- Year built
- 2001
- Style
- 13 - Tri-Level
- Structure
- House
- Roof
- Built-Up
Heating & cooling
- Heating
- Forced AirWall Furnace
- Cooling
- Heat Pump
- Energy source
- Electric
Interior features
- Features
- Water Heater
Flooring
- Flooring
- Ceramic TileHardwoodVinylCarpet
Appliances
- Appliances
- DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer
Community & building features
- Features
- Boat Launch
Lot
- Lot features
- Dead End StreetPaved
- Lot size
- 19,601 sq ft
- Waterfront
- Yes
Terms
- Terms offered
- CashConventionalVA Loan
Utilities
- Water
- W&B Waterworks
- Sewer
- Septic
- Power
- PSE
Schools
- District
- South Whidbey Island
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Buyer To Verify
What stands out to you?
Mark features you love or could do without. Saved on this device to tune what you see.
- Three Or More
- Attached Carport
- Detached Garage
- Bay
- Islands
- Mountains
- Ocean
- Sea
- Sound
- Strait
- House
- Built-Up
Listing history
Listed
$2,600,000
October 3, 2025
Current price
$1,749,995
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$10,191
- Principal & interest
- $8,849
- Property tax (est.)
- $1,342
Assumes $349,999 down (20%), a $1,399,996 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
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Based on information submitted to the MLS GRID as of August 28, 2026 at 4:45 AM 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.