$839,000
Est. $4,647/moPrice reduced $41,000 from the original $880,000 asking price
2 bd•3 ba•2,156 sq ft
27 M Cascade Drive, Hat Island, WA 98206
• Listed Mar 4, 2026•146 days active · 146 cumulative
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
Improved price! This beautiful, custom built home is architecturally designed with two fully independent, equivalent master suites making it a perfect opportunity for those seeking single- or co-ownership. Experience unparalleled island living in this expansive two-story home on Hat Island, boasting breathtaking panoramic views of Saratoga Passage, Olympic and Cascade Mountains, Mount Baker and surrounding islands from almost every room in the home. Enjoy privacy and serene waterfront-view living, perfect for a coastal retreat or full-time residence. This beautiful custom built home is ready for entertaining, with large deck, firepit, lawn games, BBQ and more. Large open floor plan, custom kitchen, dining room and full built in bar that seats up to 8 (you must see!). Walk in pantry and room for wine cellar. The two master suites on the second level feature decks and full en suite bathrooms, and additional bonus room for sleeping or den. Detached garage has loft for extra beds or storage. Separate beach shed can hold golf cart or lawn mower and tools. Private 48 passenger foot ferry or your own boat to this private island paradise, with 9-hole Golf Course, Private Marina, Tennis Court, Volunteer Garden, summer beach concert series, and more! This rare opportunity combines tranquil island life with ample functional space, making it a must-see for those seeking a unique PNW coastal retreat.
Listed by Paula Bafaro • CENTURY 21 North Homes Realty
Listing updated: September 17, 2026 at 11:33am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2480975
Open houses
No upcoming open houses scheduled for this property.
Around this home
How much should you offer?
27 M Cascade Drive, Hat Island, WA 98206
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
- Second Primary Bedroom
- Bath Off Primary
- Ceiling Fan(s)
- Dbl Pane/Storm Window
- Dining Room
- Fireplace
- Pantry
- Skylight(s)
- Vaulted Ceiling(s)
- Walk-In Closet(s)
- Water Heater
- Wet Bar
- Wine/Beverage Refrigerator
- Fireplace (pellet stove)
Kitchen
- Dishwasher
- Dryer
- Microwave
- Refrigerator
- Stove(s)/Range(s)
- Trash Compactor
- Washer
Bedrooms
- 2 bedrooms total
- 2 upstairs
Bathrooms
- 3 full bathrooms
- 1 on the main level
Layout
- 2 Story
- 2,156 sq ft finished
- 200 sq ft garage
Flooring
- Hardwood
- Carpet
Heating & cooling
- Stove/Free Standing heating
- Wall Furnace heating
- None cooling
Schools
Ratings via SchoolDiggerSchool information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.
Single-family home facts
As entered by the listing broker on Northwest MLS
Lot & site
- Topography
- Level
- Faces
- West
Systems
- Energy source
- Electric,Pellet
- Power production
- Electric, Pellet
- Water heater
- Electric
- Water heater location
- Laundry room
- Power company
- Snohomish County PUD
- Water company
- Hat Island Community Association
- Sewer company
- Septic
- Irrigation water rights
- No
Rooms & extras
- Bathtubs
- 3
- Showers
- 3
- Fireplaces on main
- 1
- Excluded items
- Yes
New construction
- Square footage source
- public records
- Lot size 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
Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.
Opens with the report above.
Sales & Tax Records for 27 M Cascade Drive
NWMLS via MLS GridEvery 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.
- Sep 17, 2026Price reducedNWMLS via MLS Grid · #2480975$839,000$389/sq ft
- Mar 4, 2026ListedNWMLS via MLS Grid · #2480975$880,000$408/sq ft
- Sep 1, 2022SoldNWMLS via MLS Grid · #1972118$870,777$404/sq ft
- Jul 30, 2022PendingNWMLS via MLS Grid · #1972118$877,777$407/sq ft
- Jul 22, 2022ListedNWMLS via MLS Grid · #1972118$877,777$407/sq ft
- Oct 16, 2002SoldNWMLS via MLS Grid · #22226076$54,000$25/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
$5,461 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: 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%.
Ask about this home
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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.
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 153 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
0.6 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
1.0 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
0.2 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
0.9 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
0.9 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 17, 2026 at 11:33am (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.
HO
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