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Listed by: Emily Shepodd (206) 617-4010 , Michael Konopik (308) 627-7866 | COMPASS (425) 242-6440
$2,800,000
Monthly Est:$13,937
3 Beds
3 Baths
6,480sqft
10 Front St NW, Coupeville, WA 98239
$2,800,000
$13,937/moEst:
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Multi Family
Built in 1864
$-- HOA
4,791 sqft lot
$432/sq.ft
Description
Positioned along one of Whidbey Island’s most iconic waterfront corridors, this rare mixed-use investment opportunity offers over 60 feet of coveted commercial frontage in the heart of historic Coupeville. The meticulously restored seven-unit property includes four street-level commercial spaces and three licensed short-term rental units, creating diversified income potential in a highly sought-after destination market. Nearly every unit captures sweeping views of Penn Cove, with front-row access to the island’s marine wildlife, boating activity, and vibrant waterfront atmosphere.Extensive capital improvements have already been completed, including new pilings, siding, and major system upgrades, allowing investors to step into a stabilized asset with strong operational history and immediate cash flow. Offered with two parcels, the property also presents future upside through expansion, redevelopment potential, or continued optimization of rental income. Located minutes from Fort Ebey, the Coupeville–Port Townsend ferry, and convenient routes to Seattle, Bellevue, and Everett, this is a rare opportunity to acquire a legacy waterfront asset in one of the Pacific Northwest’s most desirable tourism-driven markets.
- Houzeo last checked: 12 hours ago
- Listing updated: September 22, 2026 at 6:36 am
- Source: Northwest Multiple Listing Service | MLS#: NWM2548704
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1864
HOA Fees
-
Finished Area
6,480 sqft
Lot Size
4,791 sqft lot
Basement Area
- sqft
MLS Name
Northwest Multiple Listing Service
MLS Number
NWM2548704
MLS Status
Active
Days on Market
93
Cumulative Days on Market
132
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Interior
Exterior Features
Wood, Wood Products
Heating
Ductless, Wall Furnace
Sewer
Sewer Connected
Cooling
Ductless
Flooring
Ceramic Tile, Laminate
Construction
Year Built
Year Built: 1864
Home type
Multi Family
Construction Materials
Wood
Foundation Details
Pillar/post/pier
Property Condition
Restored
Roof
Composition
Utilities & Energy
Water Source
Public
Security Features
Partially Fenced
Other Features
Lot Features
Curbs, Paved, Sidewalk
Subdivision Name
Coupeville
Price History
| Date | Event | Price |
|---|---|---|
07/02/2026 Source: | Listed for Sale | $2,800,000 +558.82% $432/sqft |
04/16/2003 Source: | Sold | $425,000 $66/sqft |
Find Homes by Property Features in Coupeville, WA
Based on information submitted to the MLS GRID by Northwest Multiple Listing Service as of Oct 02, 2026, 09:01AM. 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.
IDX information is provided exclusively for consumers’ personal, noncommercial use; it may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing, that the data is deemed reliable, but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. © 2025 Northwest Multiple Listing Service. All Rights Reserved.
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