$1,044,999
Est. $5,268/mo4 bd•1 ba•2,341 sq ft
5392 Shore Meadow Road, Freeland, WA 98249
• Listed 2026-06-01•9 days on market
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Based on information submitted to the MLS GRID as of June 10, 2026 at 10:06am (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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Discover the charm of country living on beautiful South Whidbey Island with this exceptional 5-acre equestrian farm offering sweeping pastoral views and a peaceful island setting just minutes from horseback-riding trails, beaches, shops, and dining. The property features a beautifully updated mid-century farmhouse full of character and warmth, along with a separate guest cottage ideal for visitors, multigenerational living, rental income, or a private home office retreat. Designed with both comfort and functionality in mind, this thoughtfully improved property has undergone extensive upgrades throughout both homes, the barn, and garage, including updated electrical, new roofing, fresh exterior paint, new appliances, and two brand-new septic systems. The equestrian facilities include updated fencing around the pastures, 5 horse stalls, barn space, a tack room and plenty of room for other animals, gardening, hobbies, or simply enjoying the open space and tranquil surroundings. Towering trees between the house and the road, sunny meadows, and classic farm charm create a truly special setting that feels private and serene while remaining conveniently close to Freeland, and island amenities. Whether you are seeking a hobby farm, equestrian property, weekend retreat, or full-time island lifestyle, this rare South Whidbey offering combines timeless appeal with extensive modern improvements and endless possibilities.
Listed by Kim Rossi • Lapis Homes
Listing updated: June 10, 2026 at 10:06am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2532624
Open houses
Nearby open houses (1)
See more →$803,000
-$241,999 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $625K and $930K.
Rental earnings
$2,400/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$685,000Last sold price
5295 Bounty Loop, Freeland, WA 98249
$930,000Last sold price
4987 Mutiny Bay Road, Freeland, WA 98249
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.
5392 Shore Meadow Road, Freeland, WA 98249
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 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$5,641 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedEstimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
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Freeland 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 for about 2% below list price.
Time on market: The average home goes pending in around 4 days.
$905,000 Sold
5 weeks ago
2 bd•1 ba•~1,609 sq ft•Single Family
898 E Meadowood Lane, Freeland, WA 98249
2%
Under list
—
Days on market
0.9 mi
Distance
$780,000 Sold
5 weeks ago
2 bd•1 ba•~2,010 sq ft•Single Family
980 Moonraker Drive, Freeland, WA 98249
8%
Under list
—
Days on market
0.6 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
South Whidbey 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.
