$2,800,000
Est. $14,129/mo10 Nw Front Street, Coupeville, WA 98239
• Listed 2026-05-22•17 days on market
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Positioned along one of Whidbey Island’s most iconic waterfront corridors, this rare mixed-use investment opportunity offers over 60 feet of coveted commercial frontage in the heart of historic Coupeville. The meticulously restored seven-unit property includes four street-level commercial spaces and three licensed short-term rental units, creating diversified income potential in a highly sought-after destination market. Nearly every unit captures sweeping views of Penn Cove, with front-row access to the island’s marine wildlife, boating activity, and vibrant waterfront atmosphere.Extensive capital improvements have already been completed, including new pilings, siding, and major system upgrades, allowing investors to step into a stabilized asset with strong operational history and immediate cash flow. Offered with two parcels, the property also presents future upside through expansion, redevelopment potential, or continued optimization of rental income. Located minutes from Fort Ebey, the Coupeville–Port Townsend ferry, and convenient routes to Seattle, Bellevue, and Everett, this is a rare opportunity to acquire a legacy waterfront asset in one of the Pacific Northwest’s most desirable tourism-driven markets.
Listed by Emily Shepodd • COMPASS
Listing updated: May 23, 2026 at 11:58am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2528407
$0
-$2,800,000 under list price
Nearby comparable homes
RexMont uses 0 strongest recent nearby sales, priced between $InfinityM and $-InfinityK.1 outlier sale was excluded from this snapshot.Public-record comparables are supplemented with Google exterior imagery when MLS photos are unavailable.
Rental earnings
$0/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.
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Rental earningsEst. $0 per month, before expense review10 Nw Front 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.
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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
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407 Ne 4th Street, Coupeville, WA 98239
2%
Over list
—
Days on market
0.4 mi
Distance
$1,350,000 Sold
6 weeks ago
•Single Family
501 Ne 3rd Street, Coupeville, WA 98239
0%
Over list
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Days on market
0.6 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
0.3 mi
Distance
$450,000 Sold
2 months ago
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505 Ne Kinney Street, Coupeville, WA 98239
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Under list
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Days on market
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Distance
$587,475 Sold
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2%
Under list
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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.
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Ask a RexMont agentMarket 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.