$849,900
Est. $4,414/mo1 bd•1 ba•912 sq ft
1982 Madrona Way, Coupeville, WA 98239
• Listed 2026-08-01•40 days on market
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Set on the tranquil shores of Penn Cove along sought-after Madrona Way, this waterfront retreat is all about the views, the setting & the lifestyle. Major remodel, top to bottom: NEW 50-year roof, concrete siding & trim, vinyl windows, gutters & synthetic decking — plus new carpet & LVP flooring, paint (inside & out), doors & updated bath over a treated crawl space. The big work is behind you, so weekends go to the water instead of the to-do list. Inside, 912 sq ft offers 2 bedrooms, 1 bath & a living room warmed by a cozy free-standing wood stove--where picture windows frame panoramic views of Penn Cove, Mount Baker & the Cascades. Outside, 50+ feet of no-bank waterfront & tideland rights open to your very own private beach. Kayak, paddle-board or beach-comb, then watch the sun set from the deck while sailboats drift across protected waters. Add in frequent Orca sightings & everyday life feels extraordinary. Minutes from historic Downtown Coupeville...and you've just unlocked something truly special...
Listed by Annie Cash • Windermere Whidbey Island
Listing updated: August 5, 2026 at 06:34pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2535976
1982 Madrona Way, 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
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.
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$4,934 per month
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Coupeville 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 23 days.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of August 5, 2026 at 06:34pm (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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Open houses
Nearby open houses (2)
See more →$833,000
-$16,900 under list price
Nearby comparable homes
RexMont uses 2 strongest recent nearby sales, priced between $585K and $770K.
Rental earnings
$2,500/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$585,000Last sold price
407 Ne 4th Street, Coupeville, WA 98239

$770,000Last sold price
301 Snakelum Point Road, Coupeville, WA 98239
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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