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JRJeff ReynoldsCompass · Seattle

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

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Directions

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?

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  • Three Or More
  • Attached Carport
  • Detached Garage
  • Bay
  • Islands
  • Mountains
  • Ocean
  • Sea
  • Sound
  • Strait
  • House
  • Built-Up

Listing history

  1. Listed

    $2,600,000

    October 3, 2025

  2. 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.

Similar nearby listings

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.