For many generations Whidbey Island waterfront homes were simply vacation homes for Seattle families to escape to during the heat of the summer. As such, many were simple cabins with few amenities, but fantastic locations and spectacular views.
Today, many of the original vacation cabins are almost unrecognizable, having been remodeled with all the comforts of city living and transformed into world-class vacation homes. And while many others of the original vacation cabins have been torn down and replaced with modern beachfront estates, there are still quite a few of the original cabins available for those with more modest taste or budgets!
Waterfront homes on Whidbey Island today range in price from less than $200,000 for a high-bank waterfront 1 bedroom home, to over $5,000,000 for a 26 acre waterfront estate. The median waterfront home available on Whidbey Island is priced at $562,450, and is 1,972 square feet in size with 2 bedrooms and 2 bathrooms.
Waterfront Condominiums on Whidbey Island range in price from $297,000 for a 2200 square foot no-bank waterfront condo in Oak Harbor, to $425,000 for a no-bank waterfront 3 bedroom condo in Freeland.
In 2010, there were 59 waterfront homes sold on Whidbey Island. The median waterfront home sold for $525,000, and measured 1,770 square feet and 2 bedrooms and 1.75 baths. The largest waterfront home sold in 2010 went for $1,620,000, for a 3600 square foot home on 100 feet of no-bank sandy beachfront. The least expensive waterfront home on Whidbey Island sold for $185,000 for a 2 bedroom, 1 bath, hi-bank waterfront foreclosure.
Whidbey Island waterfront homes are some of the best values in the entire Puget Sound area. With one of the largest coastlines of any island in the U.S., and easy access via bridge and ferry, Whidbey Island offers convenience for travelers and commuters from Seattle, the San Juan Islands, and the Olympic Peninsula. The island’s reasonable property values, with some of the lowest property taxes in the region, make it a desirable and popular place for retirement and vacation homes.