About this home

A dynamic waterfront estate on Similk Bay offering two fully independent living residences joined by a light-filled atrium, creating genuine flexibility for multigenerational living, hosting friends and loved ones, or operating as an income-generating retreat. With an administrative use permit, the opportunity here extends well beyond the lifestyle. The main residence offers three bedrooms and generous living spaces oriented toward the water, where south-facing views stretch across the bay toward the Kukutali Preserve. There is also a flex space used by the current owner to host art classes which speaks to the kind of inspiration this setting quietly produces. The second residence mirrors the quality and views of the first with two bedrooms, two living rooms, and its own fully equipped kitchen. At 6,098 square feet across both residences, the scale supports every version of how this property can be lived in. What truly sets this estate apart is the waterfront and the access to it. Tideland rights give you private beach access where you could have your own hobby oyster farm, crab in the bay, or kayak across the characteristically calm water to Kiket Island and the Kukutali Preserve. The kind of coastal lifestyle most people only visit, and very few waterfront properties can actually offer. Lush grounds with mature gardens, room to host, and genuine peace and quiet complete a setting that has inspired owners, artists, and everyone lucky enough to visit.

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

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Market pulse

Anacortes is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

• Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

• List to sale price: The average home sells for about 1% below list price.

• Time on market: The average home goes pending in around 16 days.

Market data from MLS GRID / NWMLS · Updated Jun 2026

School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.