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For Sale 216 Days Online
$1,995,000
Originally $2,600,000
2 Bedrooms
2.5 Bathrooms
2,583 Sqft House
Built 2001
19,601 Sqft Lot
3-Car Garage
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.
Offer Review
Will review offers when submitted
Listing source NWMLS MLS #
2438345
Listed by
Michael Konopik, COMPASS
We don't currently have a buyer representative in this area. To be sure that you're getting objective advice, we always suggest buyers work with their own agent, someone who is not affiliated with the seller.
Bedroom & Bathroom Layout
THIRD
BDRM
FULL
BATH
SECOND
MAIN
½
BATH
LOWER
BDRM
FULL
BATH
Property History
Apr 22, 2026
Price Reduction arrow_downward
$1,995,000
NWMLS #2438345
Oct 03, 2025
Listed
$2,600,000
NWMLS #2438345
More
Listing Details
  • Status
    For Sale
  • Price
    $1,995,000
  • Original Price
    $2,600,000
  • List Date
    October 3, 2025
  • Last Status Change
    October 3, 2025
  • Last Update
    April 30, 2026
  • Days on Market
    216 Days
  • Cumulative DOM
    216 Days
  • $/sqft (Total)
    $772/sqft
  • $/sqft (Finished)
    $772/sqft
  • Listing Source
  • MLS Number
    2438345
  • Listing Broker
    Michael Konopik
  • Listing Office
    COMPASS
Monthly Payment Estimate
  • Principal and Interest
    $10,458 / month
  • Property Taxes
    $1,000 / month
  • Homeowners Insurance
    $378 / month
  • TOTAL
    $11,836 / month

  • based on 20% down
    ($399,000)
  • and a
    6.85% Interest Rate
  • About:
    All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
House Details
  • Sqft (Total)
    2,583 sqft
  • Sqft (Finished)
    2,583 sqft
  • Sqft (Unfinished)
    None
  • Property Type
    House
  • Sub Type
    Tri-Level
  • Bedrooms
    2 Bedrooms
  • Bathrooms
    2.5 Bathrooms
  • Lot
    19,601 sqft Lot
  • Lot Size Source
    ICGIS
  • Lot #
    6 & 24
  • Project
    Unspecified
  • Total Stories
    3 stories
  • Basement
    None
  • Sqft Source
    ICAO
Property Tax Info
  • 2025 Property Taxes
    $12,002 / year
  • No Senior Exemption
Public Parcel Data & Maps
  • County
    Island County
  • Parcel #
    S602000000060
  • County Website
    Unspecified
  • County Parcel Map
    Unspecified
  • County GIS Map
    Unspecified
  • About
    County links provided by Mainview LLC
Schools
  • School District
    South Whidbey Island
  • Elementary
    Buyer To Verify
  • Middle
    Buyer To Verify
  • High School
    Buyer To Verify
HOA
  • HOA Dues
    Unspecified
  • Fees Assessed
    Unspecified
  • HOA Dues Include
    Unspecified
  • HOA Contact
    Unspecified
  • Management Contact
Community Features
  • Community Features
    Boat Launch
Parking
  • Covered
    3-Car
  • Types
    Attached Carport
    Detached Garage
  • Has Garage
    Yes
Construction
  • Year Built
    2001
  • Home Builder
    Unspecified
Cooling
  • Includes
    Heat Pump
Heating
  • Includes
    Forced Air
    Wall Furnace
Interior
  • Flooring
    Ceramic Tile
    Hardwood
    Vinyl
    Carpet
  • Features
    Water Heater
Property
Appliances
  • Included
    Dishwasher
    Dryer
    Microwave
    Refrigerator
    Stove(s)/Range(s)
    Washer
Terms
  • 3rd Party Approval Required)
    No
  • Bank Owned (REO)
    No
  • Complex FHA Availability
    Unspecified
  • Potential Terms
    Cash
    Conventional
    VA Loan
Utilities
  • Energy
    Electric
  • Sewer
    Septic Tank
  • Water Source
    Community
Additional Info
  • Waterfront
    No
  • Air Conditioning (A/C)
    Yes
  • Buyer Broker's Compensation
    2.25%
  • MLS Area #
    Area 811
  • Number of Photos
    40
  • Last Modification Time
    Thursday, April 30, 2026 9:35 AM
  • System Listing ID
    5489581
Update Info
  • Price Reduction
    2026-04-28 06:41:00
  • First For Sale
    2025-10-03 12:48:46
Listing details based on information submitted to the MLS GRID as of Thursday, April 30, 2026 9:35 AM. 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.
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For Sale 216 Days Online
$1,995,000     ▼ Price Reduction $605K
2 BR    2.5 BA    2,583 SQFT  
Offer Review: Anytime
NWMLS #2438345. Michael Konopik, COMPASS
Map
 
Listing information is provided by the listing agent except as follows: BuilderB indicates that our system has grouped this listing under a home builder name that doesn't match the name provided by the listing broker. DevelopmentD indicates that our system has grouped this listing under a development name that doesn't match the name provided by the listing broker.