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Version: ...
For Sale
13 Days Online
$400,000
2 Bedrooms
1 Bathroom
868 Sqft House
Waterfront
Built 1966
21,026 Sqft Lot
1-Car Garage
HOA Dues $104 / month
Bank Owned Property (REO)
Rare waterfront opportunity in the sought-after Arcadia community, framed by sweeping views of Holmes Harbor. Tucked at the end of a long, private driveway, this home rests on nearly a half-acre of land that delivers seclusion, space, and room to dream. Inside, the living room is the heart of the home, where oversized corner windows pull the shimmering water into view and a classic wood-burning fireplace anchors the space with warmth and character. Just beyond, a light-filled sunroom opens through sliding doors onto a partial wrap-around deck — the perfect spot to sip morning coffee, take in the harbor breeze, and watch the water shift with the tides. This property is a blank canvas. Sold as-is and ready for its next chapter, it's a standout opportunity for investors, remodelers, and visionary buyers eager to build sweat equity in a location that simply can't be recreated. Homes on the water in Arcadia don't come along often — and even fewer offer this much upside. Bring your imagination, roll up your sleeves, and transform this diamond in the rough into the waterfront retreat you've always pictured. Whether you're chasing a smart investment or your forever view, the potential here is undeniable. Opportunities like this are defined by location, and this one has it in spades. Come see the possibilities for yourself.
Offer Review
Will review offers when submitted
Listing source NWMLS MLS #
2559855
Listed by
Ed Laine,
eXp Realty
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.
MAIN
BDRM
BDRM
FULL
BATH
BATH
Jul 24, 2026
Listed
$400,000
NWMLS #2559855
-
StatusFor Sale
-
Price$400,000
-
Original PriceSame as current
-
List DateJuly 24, 2026
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Last Status ChangeJuly 24, 2026
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Last UpdateAugust 5, 2026
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Days on Market13 Days
-
Cumulative DOM153 Days
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$/sqft (Total)$461/sqft
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$/sqft (Finished)$461/sqft
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Listing Source
-
MLS Number2559855
-
Listing BrokerEd Laine
-
Listing OfficeeXp Realty
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Principal and Interest$2,097 / month
-
HOA$104 / month
-
Property Taxes$435 / month
-
Homeowners Insurance$92 / month
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TOTAL$2,728 / month
-
-
based on 20% down($80,000)
-
and a6.85% Interest Rate
-
About:All calculations are estimates only and provided by Mainview LLC. Actual amounts will vary.
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Sqft (Total)868 sqft
-
Sqft (Finished)868 sqft
-
Sqft (Unfinished)None
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Property TypeHouse
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Sub Type1 Story
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Bedrooms2 Bedrooms
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Bathrooms1 Bathroom
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Lot21,026 sqft Lot
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Lot Size SourceIsland County Assessor
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Lot #7
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ProjectArcadia
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Total Stories1 story
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BasementNone
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Sqft SourceIsland County Assessor
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2026 Property Taxes$5,216 / year
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No Senior Exemption
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CountyIsland County
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Parcel #S604500020070
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County WebsiteUnspecified
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County Parcel MapUnspecified
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County GIS MapUnspecified
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AboutCounty links provided by Mainview LLC
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School DistrictCoupeville
-
ElementaryCoupeville Elem
-
MiddleCoupeville Mid
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High SchoolCoupeville High
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WaterfrontYes
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TypeSaltwater
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Frontage63' ft. Feet
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HOA Dues$104 / month
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Fees AssessedAnnually
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HOA Dues IncludeCommon Area Maintenance
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HOA ContactGunilla Ericksson 206-355-8780
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Management Contact
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Covered1-Car
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TypesDetached Carport
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Has GarageYes
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Nbr of Assigned Spaces3
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Carport Stalls1
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Ocean
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Year Built1966
-
Home BuilderUnspecified
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IncludesNone
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IncludesBaseboard
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FlooringCarpet
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FeaturesFireplace
Water Heater
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Lot FeaturesPaved
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Site FeaturesDeck
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IncludedRefrigerator
Stove(s)/Range(s)
-
3rd Party Approval Required)No
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Bank Owned (REO)Yes
-
Complex FHA AvailabilityUnspecified
-
Potential TermsCash
Conventional
Rehab Loan
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EnergyElectric
-
SewerSeptic Tank
-
Water SourcePublic
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WaterfrontYes
-
Air Conditioning (A/C)No
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Buyer Broker's Compensation2.5%
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MLS Area #Area 811
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Number of Photos40
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Last Modification TimeTuesday, August 4, 2026 9:42 PM
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System Listing ID5586756
-
First For Sale2026-07-24 16:25:59
Listing details based on information submitted to the MLS GRID as of Tuesday, August 4, 2026 9:42 PM.
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.
Sharing
For Sale
13 Days Online
$400,000
2 BR
1 BA
868 SQFT
Offer Review: Anytime
NWMLS #2559855.
Ed Laine,
eXp Realty
|
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.