$1,150,000
Est. $5,827/mo3 bd•1 ba•1,900 sq ft
118 Cascade Way, Orcas Island, WA 98245
• Listed 2026-06-04•2 days on market
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Based on information submitted to the MLS GRID as of June 12, 2026 at 09:37am (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.
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Set on a sunny southern-facing hillside overlooking Cascade Bay, this beautifully maintained & freshly updated home offers a bright interior with views from most rooms. An efficient layout features main-level living with a primary suite, plus a lower level with a third bedroom, bath, & bonus space. Recent improvements include ductless mini-split systems, new paint, updated lighting, new appliances, new flooring, a new water heater, & more. Expansive, newly improved decking—including covered areas & pet-friendly gated access at both ends—creates comfortable outdoor living, with occasional whale sightings adding to the experience. The sunny, gently sloping lot features established garden beds, planters, drip irrigation, & a charming greenhouse. Nearby lakes & Cascade Bay offer fun opportunities for paddle boarding & kayaking. Additional features include a one-car garage with ample storage, a carport, & an EV charging outlet ready for an adapter. Located just moments from Moran State Park trailheads & a short drive to Rosario Resort & Eastsound Village. Seasonal Kenmore Air service at Rosario Marina nearby. An adjacent .62-acre southwest-facing view lot—partially cleared with striking mossy outcroppings & a gently sloping natural landscape—is available for purchase; pls inquire about pricing. Fronting Cascade Way, a private road, Washington Water & OPALCO (power) hookups are located near the top of the lot, ideally positioned to capture warm afternoon light & sunset views.
Listed by Asya Eberle • Orcas Island Realty
Listing updated: June 12, 2026 at 09:37am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2515637
Open houses
No upcoming open houses scheduled for this property.
$925,000
-$225,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $740K and $1.2M.
Rental earnings
$2,775/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$1,168,000Last sold price
1100 Rosario Road, Orcas Island, WA 98245

$740,000Last sold price
1052 Vusario Lane, Orcas Island, WA 98245
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.
118 Cascade Way, Orcas Island, WA 98245
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
$6,726 per month
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Orcas Island 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 5% below list price.
Time on market: The average home goes pending in around 17 days.
$900,000 Sold
6 months ago
5 bd•3.5 ba
101 Tomihi Drive, Orcas Island, WA 98245
0%
Over list
—
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.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jun 2026
Orcas Island 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.