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JRJeff ReynoldsCompass · Seattle

Listed by Mariah P. Dunning, True North Realty

4
Bedrooms
2
Bathrooms
1,881
Square feet
$1,488
Per sq ft
Single Family Residence
Type
1969
Year built
199,261 sq ft
Lot
118
Days on market

About this property

Panorama Point lives up to its name, perched on a southeast-facing point with an exceptional connection to the surrounding waters & natural beauty of Orcas Island. Expansive windows & soaring ceilings in the great room capture stunning waterfront views & fill the home with natural light throughout the day, creating an inviting & uplifting living space. A beautiful stone fireplace with a wood-burning insert provides warmth & ambiance, making the great room an ideal place to gather on cozy island evenings while enjoying the ever-changing scenery beyond. Thoughtfully designed to embrace both privacy & setting, and completely renovated in 2000, the home sits on nearly five acres of peaceful waterfront property. As you wind down the drive through the wooded landscape, the property offers a wonderful sense of arrival and seclusion. The generous acreage & installed 5 BD septic system provide room to further enhance the property and create a truly remarkable island estate. The home features four bedrooms (one in the loft with dramatic views), two full bathrooms, a loft, and a den, offering comfortable accommodations for owners and guests alike. Whether enjoyed as a private retreat or shared with visitors, the home is perfectly suited to island living. With an active vacation rental permit and a long-standing history of strong rental income, Panorama Point presents a rare opportunity to own a beautiful waterfront home on Orcas Island that also serves as a proven investment property.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2492969
Listed
March 17, 2026
Days on market
118
Price per sq ft
$1,488
Original list price
$2,988,000

Unit & building

Unit levels
Two

Parking

Parking
Driveway

Construction

Year built
1969
Style
12 - 2 Story
Structure
House
Roof
Metal

Heating & cooling

Heating
Forced Air
Cooling
Central Air
Energy source
Wood

Interior features

Features
Bath Off PrimaryDbl Pane/Storm WindowFireplaceVaulted Ceiling(s)
Fireplaces
1
Fireplace type
Wood Burning

Flooring

Flooring
Ceramic TileHardwoodCarpet

Appliances

Appliances
DishwasherDisposalDryerMicrowaveRefrigeratorSee RemarksStove(s)/Range(s)Washer

Lot

Lot size
199,261 sq ft
Waterfront
Yes

Terms

Terms offered
CashConventional

Utilities

Water
Individual Well
Sewer
Septic Tank
Power
OPALCO

Schools

District
Orcas Island

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • Two
  • Driveway
  • House
  • Metal
  • Forced Air
  • Central Air
  • Wood
  • Bath Off Primary
  • Dbl Pane/Storm Window
  • Fireplace
  • Vaulted Ceiling(s)
  • Wood Burning

Listing history

  1. Listed

    $2,988,000

    March 17, 2026

  2. Current price

    $2,799,000

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

$16,299

Principal & interest
$14,153
Property tax (est.)
$2,146

Assumes $559,800 down (20%), a $2,239,200 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 14, 2026 at 12:15 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.