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JRJeff ReynoldsCompass · Seattle

Listed by Philip Seel, Lifeline Equity

4
Bedrooms
5
Bathrooms
3,691
Square feet
$541
Per sq ft
Single Family Residence
Type
1905
Year built
14,649 sq ft
Lot
140
Days on market

About this property

A standout opportunity ahead of the 2026 peak season! Don’t miss your chance to secure this unique investment. Positioned on the shores of West Sound on scenic Orcas Island in the heart of the San Juan Islands, the historic Kingfish Inn offers a compelling, income-producing investment opportunity with both immediate cash flow and long-term upside. This established waterfront hospitality asset blends a proven business model with expansion potential in one of the Pacific Northwest’s most desirable destination markets. Originally built in 1902, the property has been thoughtfully maintained and operates as a boutique inn and restaurant with a strong reputation, repeat clientele, and consistent seasonal demand. The inn includes four well-appointed waterfront suites, two with private decks, commanding premium nightly rates and delivering a high-margin, experience-driven stay that supports strong occupancy. The on-site restaurant, known for its locally inspired offerings, provides a complementary revenue stream and is well-positioned to capitalize on both visitor traffic and the local community. A newly installed septic system minimizes near-term capital expenses and supports future growth. The property benefits from year-round appeal in a high-demand destination market. With limited waterfront commercial inventory available, this turnkey asset offers proven income, brand equity, and value-add potential.

Location & commute

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Directions

Property details

Listing details

Listing number
#2482354
Listed
February 23, 2026
Days on market
140
Price per sq ft
$541

Unit & building

Unit levels
Multi/Split

Parking

Parking
Off Street
Total spaces
8

Views

View
BayMountainsOcean

Construction

Year built
1905
Style
15 - Multi Level
Structure
House
Roof
Tile

Heating & cooling

Heating
BaseboardStove/Free Standing
Cooling
None
Energy source
ElectricPropane

Flooring

Flooring
SoftwoodVinylCarpet

Appliances

Appliances
DishwasherRefrigeratorStove(s)/Range(s)

Lot

Lot size
14,649 sq ft
Waterfront
Yes

Terms

Terms offered
Conventional

Utilities

Water
Community
Sewer
Septic Tank

Schools

District
San Juan 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.

  • Multi/Split
  • Off Street
  • Bay
  • Mountains
  • Ocean
  • House
  • Tile
  • Baseboard
  • Stove/Free Standing
  • None
  • Electric
  • Propane

Listing history

  1. Listed

    $1,998,000

    February 23, 2026

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

$11,635

Principal & interest
$10,103
Property tax (est.)
$1,532

Assumes $399,600 down (20%), a $1,598,400 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 July 13, 2026 at 11:01 PM 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.