$2,800,000
Est. $14,395/mo10 Front Street Nw, Coupeville, WA 98239
• Listed 2026-07-02•15 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: July 15, 2026 at 03:56pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2548704
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10 Front Street Nw, Coupeville, WA 98239
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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 very close to list price.
Time on market: The average home goes pending in around 15 days.
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0 NW Front Street, Coupeville, WA 98239
18%
Under list
—
Days on market
0.1 mi
Distance
$580,000 Sold
5 weeks ago
3 bd•3 ba•~2,489 sq ft•Single Family
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3%
Under list
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Days on market
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Distance
$837,500 Sold
5 weeks ago
3 bd•1.75 ba•~2,259 sq ft•Single Family
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1%
Under list
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Days on market
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Distance
$1,350,000 Sold
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501 Ne 3rd Street, Coupeville, WA 98239
0%
Over list
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Days on market
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Distance
$450,000 Sold
4 months ago
4 bd•1.75 ba•~1,134 sq ft•Single Family
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5%
Under list
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Days on market
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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 Jul 2026
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.
