$1,595,000
Est. $8,048/mo6 bd•3 ba•3,888 sq ft
702 N Main Street, Coupeville, WA 98239
• Listed 2026-03-26•7 days on market
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A Turnkey investment opportunity in the heart of Coupeville, just blocks from the waterfront. **Welcome to June on Whidbey Island! This wonderful property is FULLY BOOKED FOR THE MONTH OF JUNE!**The iconic 1887 John & Jane Kineth House blends historic character with modern systems and a strong income track record. This unique historic property has been thoughtfully reimagined and is currently operating as a successful short-term rental, with prior use as a bed & breakfast and also as a personal residence. This property offers immediate revenue potential and a wide variety of uses. The elegant Italianate Victorian design features ornate trim, carved corbels, the original fir floors, a grand staircase, and a classic parlor with a marbleized fireplace. The updated electrical, plumbing, and systems provide modern reliability while preserving historic appeal. The flexible layout includes 6 bedrooms, 4 with private en-suite baths—ideal for guest accommodations. A spacious kitchen, a wonderful formal dining with butler’s pantry, and multiple gathering spaces both inside and out support high-occupancy use. Commercial zoning allows for continued STR operation, boutique inn, or mixed-use investment. The prime location just blocks from Coupeville’s waterfront, shops, and dining enhances year-round demand. This is truly a rare opportunity to acquire a high-performing, historically significant property.
Listed by Michael Konopik • COMPASS
Listing updated: June 2, 2026 at 05:43pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2496237
$1,524,000
-$71,000 under list price
Nearby comparable homes
RexMont uses 1 strongest recent nearby sale, priced between $1.79M and $1.79M.
Rental earnings
$4,575/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
702 N Main Street, Coupeville, WA 98239
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.
Neighborhood mobility
$9,104 per month
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Coupeville is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 14 days.
$585,000 Sold
5 days ago
2 bd•1.5 ba•~896 sq ft•Single Family
407 Ne 4th Street, Coupeville, WA 98239
2%
Over list
—
Days on market
0.3 mi
Distance
$1,350,000 Sold
6 weeks ago
•Single Family
501 Ne 3rd Street, Coupeville, WA 98239
0%
Over list
—
Days on market
0.4 mi
Distance
$450,000 Sold
2 months ago
4 bd•1 ba•~1,134 sq ft•Single Family
505 Ne Kinney Street, Coupeville, WA 98239
5%
Under list
—
Days on market
0.2 mi
Distance
$450,000 Sold
2 months ago
•Single Family
505 Ne Kinney Street, Coupeville, WA 98239
5%
Under list
—
Days on market
0.2 mi
Distance
$587,475 Sold
2 months ago
3 bd•1 ba•~1,328 sq ft•Single Family
650 Ne Otis Street, Coupeville, WA 98239
2%
Under list
—
Days on market
0.4 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 Jun 2026
Coupeville School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.