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JRJeff ReynoldsCompass · Seattle

Listed by Chris C. Nye, MLS4owners.com

3
Bedrooms
2
Bathrooms
1,485
Square feet
$1,007
Per sq ft
Single Family Residence
Type
1960
Year built
27,663 sq ft
Lot
163
Days on market

About this property

Once-in-a-generation waterfront opportunity on Goss Lake. Held by the same family for more than 50 years, this rare offering includes two adjoining waterfront tax lots, each with its own existing home, and approximately 120 feet of combined prime waterfront on what may be the most desirable stretch of Goss Lake, with the most sought-after exposure and best views on the entire lake. IMPORTANT: The square footage and bathroom count shown in the MLS are combined totals for TWO separate homes. Each tax lot has its own cabin of less than 900 square feet, and each cabin has its own full bathroom. One home sits on each tax lot. The value here is in the land, waterfront, and remarkable flexibility these footprints so close to the water. Options abound: Keep two distinct lake homes. Expand or add onto the existing homes. Create a multi-generational family compound. Live in one while reimagining the other. Or explore combining the two lots to create a larger legacy waterfront estate. 4801 is a fully restored jewel-box cabin with new electrical, plumbing, kitchen, and bath, handmade art tile, fir floors, granite counters, quarter-sawn Craftsman oak cabinetry, and stained-glass accents. Outside, enjoy a private dock, easy lake access, and a hot tub perched above the water. 4807, on the adjoining tax lot, has been taken down to the studs and offers a rare blank canvas in an irreplaceable location.

Location & commute

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

Directions

Jeff's Neighborhood Guide

Get to know the South Whidbey Island area

Jeff's Seattle & Eastside Neighborhood Guide profiles 70 communities: the streets, shorelines, parks, markets, and local places that define each one. It is editorial, separate from the MLS listing data above.

Property details

Listing details

Listing number
#2516587
Listed
May 1, 2026
Days on market
163
Price per sq ft
$1,007
Original list price
$1,795,000

Unit & building

Unit levels
Two

Homeowners association

HOA dues
$1,050 annually
Dues include
Water

Parking

Parking
Off Street

Views

View
Lake

Construction

Year built
1960
Style
12 - 2 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
BaseboardRadiant
Cooling
None
Energy source
Electric

Interior features

Fireplace type
Electric

Flooring

Flooring
Ceramic TileHardwood

Lot

Lot size
27,663 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Goss Lake
Sewer
Septic Tank
Power
PSE

Schools

District
South Whidbey Island

What stands out to you?

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

  • Two
  • Water
  • Off Street
  • Lake
  • House
  • Composition
  • Baseboard
  • Radiant
  • None
  • Electric
  • Ceramic Tile
  • Hardwood

Listing history

  1. Listed

    $1,795,000

    May 1, 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

$8,794

Principal & interest
$7,560
Property tax (est.)
$1,146
HOA dues
$88

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 October 12, 2026 at 3:30 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.