$2,395,000
Est. $12,022/mo3 bd•2.5 ba•2,606 sq ft
507 Race Road, Coupeville, WA 98239
• Listed 2026-07-05•2 days on market
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of July 6, 2026 at 09:14am (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.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Talk to a local RexMont expert
Avg response under 5 mins
Experience 770 feet of waterfront surrounding a crystal-clear lagoon that is continuously replenished by the adjoining Saratoga Passage known for its deep-water boat traffic. Race Lagoon serves as a peaceful bird sanctuary for the White Pelican, herons, eagles, owls and more. Set on 2.4 PRIVATE, level acres, this extraordinary retreat offers breathtaking water views from nearly every room. Launch a kayak or paddleboard from your shoreline, paddle directly into the open waters of Saratoga Passage, and enjoy one of Whidbey Island's most desired waterfront settings. Inside, this extraordinary timber-framed home features soaring vaulted ceilings with dramatic exposed beams and walls of glass that frame the spectacular views while seamlessly connecting to a private courtyard. The main-level primary suite and great room open to an entertainer's dream, complete with a hot tub, outdoor kitchen, fire pit, and the sparkling lagoon with Mt Baker as your backdrop. Radiant-heated concrete floors and a gas fireplace provide year-round comfort. A proven luxury vacation rental, this property is one of Whidbey Island's most sought-after VRBO generating exceptional rental income thanks to its rare waterfront setting, privacy, resort-style amenities, and unforgettable guest experience.
Listed by Alex Thomas • Realogics Sotheby's Int'l Rlty
Listing updated: July 6, 2026 at 09:14am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2549084
$1,347,000
-$1,048,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $1.25M and $1.8M.
Rental earnings
$4,050/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.

$1,325,000Last sold price
637 Race Road, Coupeville, WA 98239

$1,500,000Last sold price
222 Rhodena Drive, 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.
507 Race Road, 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
$13,501 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%.
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
More homes in this area that match your range.

$1,599,000
453 Race Road, Coupeville, WA 98239
Mary Bryson · Windermere Whidbey Island

$1,349,000
159 S Harrington Lagoon Road, Coupeville, WA 98239
Michael Konopik · COMPASS

$1,497,000
121 Keystone Avenue, Coupeville, WA 98239
Jim Woessner · Better Homes&Gardens McKenzie

$1,200,000
177 Keystone Avenue, Coupeville, WA 98239
Andy Erlandson · John L. Scott Whidbey Island S

$1,895,000
333 Keystone Avenue, Coupeville, WA 98239
Michael Konopik · COMPASS

$1,960,000
270 Kineth Point Place, Coupeville, WA 98239
Robert Luecke · ShopProp Inc.

$1,895,000
333 Keystone Avenue, Coupeville, WA 98239
Michael Konopik · COMPASS

$1,960,000
270 Kineth Point Place, Coupeville, WA 98239
Robert Luecke · ShopProp Inc.

$1,865,000
806 Nw Alexander Street, Coupeville, WA 98239
Lisa Dayton Leonard · Keller Williams Realty Bothell

$2,585,000
886 West Beach Road, Coupeville, WA 98239
Forbes Hansen · American Dream R. E. Services
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 16 days.
$575,000 Sold
3 months ago
2 bd•2.5 ba•~2,582 sq ft•Single Family
671 Edmonds Road, Coupeville, WA 98239
0%
Over list
—
Days on market
0.4 mi
Distance
$563,000 Sold
3 months ago
3 bd•1 ba•~1,764 sq ft•Single Family
345 Woods Lane, Coupeville, WA 98239
3%
Under 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 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.