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JRJeff ReynoldsCompass · Seattle

Listed by Michael Konopik, COMPASS

6
Bedrooms
5
Bathrooms
3,888
Square feet
$385
Per sq ft
Single Family Residence
Type
1887
Year built
16,988 sq ft
Lot
109
Days on market

About this property

A Turnkey investment opportunity in the heart of Coupeville, just blocks from the waterfront. **MOTIVATED SELLER! ~ Welcome to June on Whidbey Island! This wonderful property is FULLY BOOKED FOR THE SUMMER!**The iconic 1887 John & Jane Kineth House blends historic character with modern systems and a strong income track record. This unique historic property has been thoughtfully reimagined and is currently operating as a successful short-term rental, with prior use as a bed & breakfast and also as a personal residence. This property offers immediate revenue potential and a wide variety of uses. The elegant Italianate Victorian design features ornate trim, carved corbels, the original fir floors, a grand staircase, and a classic parlor with a marbleized fireplace. The updated electrical, plumbing, and systems provide modern reliability while preserving historic appeal. The flexible layout includes 6 bedrooms, 4 with private en-suite baths—ideal for guest accommodations. A spacious kitchen, a wonderful formal dining with butler’s pantry, and multiple gathering spaces both inside and out support high-occupancy use. Commercial zoning allows for continued STR operation, boutique inn, or mixed-use investment. The prime location just blocks from Coupeville’s waterfront, shops, and dining enhances year-round demand. This is truly a rare opportunity to acquire a high-performing, historically significant property.

Location & commute

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

Directions

Property details

Listing details

Listing number
#2496237
Listed
March 26, 2026
Days on market
109
Price per sq ft
$385
Original list price
$1,695,000

Unit & building

Unit levels
Two

Parking

Parking
DrivewayDetached GarageOff Street
Covered spaces
2
Total spaces
2

Views

View
MountainsOceanPartialTerritorial

Construction

Year built
1887
Style
12 - 2 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
BaseboardForced AirHeat PumpWall Furnace
Cooling
None
Energy source
ElectricPropane

Interior features

Features
Bath Off PrimaryCeiling Fan(s)Dining RoomFrench DoorsJetted TubPantryVaulted Ceiling(s)Water HeaterWine/Beverage Refrigerator
Fireplace type
ElectricWood Burning

Flooring

Flooring
Ceramic TileSoftwoodVinyl PlankCarpet

Appliances

Appliances
DishwasherDouble OvenDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Community & building features

Bus line nearby
Yes

Lot

Lot features
Sidewalk
Lot size
16,988 sq ft

Terms

Terms offered
CashConventionalUSDA LoanVA Loan

Utilities

Water
Town of Coupeville
Sewer
Town of Coupeville
Power
PSE

Schools

District
Coupeville
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.

  • Two
  • Driveway
  • Detached Garage
  • Off Street
  • Mountains
  • Ocean
  • Partial
  • Territorial
  • House
  • Composition
  • Baseboard
  • Forced Air

Listing history

  1. Listed

    $1,695,000

    March 26, 2026

  2. Current price

    $1,495,000

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

$8,706

Principal & interest
$7,560
Property tax (est.)
$1,146

Assumes $299,000 down (20%), a $1,196,000 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.