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Listed by Paula Bafaro • CENTURY 21 North Homes Realty.
FOR SALE

$599,900

Est. $3,323/mo

Price reduced $135,600 from the original $735,500 asking price

2 bd•1.75 ba•1,186 sq ft

49 M Whidbey Island Drive, Hat Island, WA 98206

• Listed Jun 18, 2025•481 days active · 481 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: CENTURY 21 North Homes Realty; Paula Bafaro; 206-240-6975; paulabafaro@gmail.com

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Listing Broker: CENTURY 21 North Homes Realty; Paula Bafaro; 206-240-6975; paulabafaro@gmail.com

About this home

Upscale Cape Cod style home with incredible west-facing ocean and sunset views. 2nd adjacent lot provides generous yard and expansive views. Lovingly maintained, fully furnished turn-key two-story home on private Hat Island, truly turn-key. Nearly every room and 2 decks offer breathtaking vistas of Puget Sound and the Olympic Mountains. Unobstructed panoramic views for whale watching, sunsets, and easy beach access. Hat Island delivers a one-of-a-kind lifestyle with its private 9-hole USGA golf course, scenic nature trails, pristine beaches, crabbing, clamming, fishing, summer beach concerts, yacht club happy hours, tennis, pirate ship playground. A rare invitation to embrace peace, adventure, and an unforgettable island lifestyle.

Property type
Single Family
Year built
2009
Interior
1,186 sq ft
Lot size
0.43 acres
Parking
Off Street
Price / sq ft
$506
HeatingHeat Pump, Wall Furnace
CoolingNone
Property taxes$4,848/yr (est.)
HOA dues$900 / quarter ($300/mo)
School districtMukilteo

Listed by Paula Bafaro • CENTURY 21 North Homes Realty

Listing updated: October 2, 2026 at 03:20pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2389126

Open houses

No upcoming open houses scheduled for this property.

Around this home

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49 M Whidbey Island Drive, Hat Island, WA 98206

List price
$599,900
Down payment
$119,980

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Interior features

  • Bath Off Primary
  • Ceiling Fan(s)
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • Skylight(s)
  • Vaulted Ceiling(s)
  • Walk-In Closet(s)
  • Water Heater
  • Fireplace (wood burning)

Kitchen

  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 2 bedrooms total
  • 1 on the main level
  • 1 upstairs

Bathrooms

  • 1 full bathroom
  • 1 three-quarter bathroom (shower, no tub)
  • 1.75 bathrooms total (NWMLS count)
  • 1 on the main level

Layout

  • 2 Story
  • 1,186 sq ft finished

Flooring

  • Slate
  • Carpet

Heating & cooling

  • Heat Pump heating
  • Wall Furnace heating
  • None cooling

Schools

Ratings via SchoolDigger

Schools shown are the nearest public Elementary, Middle, and High school for this property and may not be the assigned schools. Verify attendance boundaries with the district before purchasing.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level,Partial Slope
Lot number
48 and 49
Zoning code
R5
Faces
West

Systems

Energy source
Electric,Wood
Power production
Electric, Wood
Water heater
Electric
Water heater location
In closet off kitchen
Power company
Sno Co PUD
Water company
Hat Island Community
Sewer company
Septic
Irrigation water rights
No

Rooms & extras

Bathtubs
1
Showers
2
Fireplaces on main
1

New construction

Square footage source
Public Records
Lot size source
Public Records
Effective year built source
Public Records

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

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Members

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Sales & Tax Records for 49 M Whidbey Island Drive

NWMLS via MLS Grid

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Oct 2, 2026
    Price reduced
    NWMLS via MLS Grid · #2389126
    $599,900
    $506/sq ft
  2. Jun 18, 2025
    Listed
    NWMLS via MLS Grid · #2389126
    $735,500
    $620/sq ft

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$4,177 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: CENTURY 21 North Homes Realty; Paula Bafaro; 206-240-6975; paulabafaro@gmail.com

Market pulse

Hat Island is a strong buyer's market.

Inventory is high and demand is soft. Buyers have significant negotiating power.

Buyer's marketSeller's market
  • Offer insight: Sellers are often willing to negotiate on price and terms.

  • List to sale price: The average home sells for about 14% below list price.

  • Time on market: The average home goes pending in around 154 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $480,000 Sold

    2 weeks ago

    2 bd•1.75 ba•~1,024 sq ft•Single Family

    17 B Whidbey Island Drive, Hat Island, WA 98206

    14%

    Under list

    138

    Days on market

    0.4 mi

    Distance

  • $100,000 Sold

    7 weeks ago

    •Single Family

    22 H S Beach Drive, Hat Island, WA 98206

    26%

    Under list

    481

    Days on market

    0.8 mi

    Distance

  • $30,000 Sold

    8 weeks ago

    •Single Family

    61 M Cascade Drive, Hat Island, WA 98206

    14%

    Under list

    148

    Days on market

    0.1 mi

    Distance

  • $735,000 Sold

    2 months ago

    2 bd•2 ba•~1,396 sq ft•Single Family

    11 H South Beach, Hat Island, WA 98206

    7%

    Under list

    287

    Days on market

    0.7 mi

    Distance

  • $12,000 Sold

    4 months ago

    •Single Family

    89 F Tulalip Way, Hat Island, WA 98206

    20%

    Under list

    433

    Days on market

    0.7 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 2, 2026 at 03:20pm (date and time MLS GRID Data was obtained). 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.

Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Northwest Multiple Listing Service. All rights reserved.

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