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Listed by Paula Bafaro • CENTURY 21 North Homes Realty.
FOR SALE

$725,000

Est. $4,016/mo

2 bd•1.5 ba•1,493 sq ft

8 W Gedney Way, Hat Island, WA 98206

• Listed Jul 19, 2026•38 days active · 38 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: CENTURY 21 North Homes Realty; Paula Bafaro; 206-240-6975; paulabafaro@gmail.com

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Listing Broker: CENTURY 21 North Homes Realty; Paula Bafaro; 206-240-6975; paulabafaro@gmail.com

About this home

Welcome home to your private Pacific Northwest sanctuary. Nestled on a premier high bank waterfront lot, this exceptional residence beautifully blends coastal tranquility with everyday luxury. Expansive windows frame sweeping, unobstructed water views, filling the home with natural light and showcasing dramatic sunsets. Enjoy morning coffee on the spacious deck while watching local wildlife, or head down to the shoreline for clam digging, fishing, crabbing, swimming, kayaking and more. The thoughtful layout offers seamless indoor-outdoor entertaining spaces and high-end finishes throughout, including the double sided fireplace for cozy evenings in the living room or en suite master bedroom with heated floors in the master bathroom. Perfectly situated to offer maximum privacy while remaining a short boat ride from local shopping and dining. Your dream waterfront lifestyle starts here! A tranquil escape from the hustle and bustle or a year-round sanctuary. Hat Island ferry runs 6 days/week, you're just a short boat ride away from the mainland, while still feeling worlds apart. Hat Island provides a relaxed island lifestyle with community, and plenty of outdoor activities. Enjoy summer beach concert series, duck pond, tennis and pickleball, crabbing, clam digging, fishing, whale watching, bird watching, so much more!

Property type
Single Family
Year built
2012
Interior
1,493 sq ft
Lot size
0.73 acres
Parking
Off Street
Price / sq ft
$486
HeatingStove/Free Standing, Wall Furnace
CoolingNone
Property taxes$5,444/yr (est.)
HOA dues$150/mo
School districtMukilteo

Listed by Paula Bafaro • CENTURY 21 North Homes Realty

Listing updated: September 21, 2026 at 11:39pm

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2553525

Open houses

No upcoming open houses scheduled for this property.

Around this home

RexMont OfferEdge™

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8 W Gedney Way, Hat Island, WA 98206

List price
$725,000
Down payment
$145,000

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

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.

Property details

Interior features

  • Ceiling Fan(s)
  • Dbl Pane/Storm Window
  • Dining Room
  • Fireplace
  • Fireplace (Primary Bedroom)
  • Loft
  • Skylight(s)
  • Vaulted Ceiling(s)
  • Fireplace (wood burning)
  • Roughed In basement

Kitchen

  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 2 bedrooms total
  • 2 on the main level

Bathrooms

  • 1 full bathroom
  • 1 half bathroom
  • 1.5 bathrooms total (NWMLS count)
  • 2 on the main level

Layout

  • 1 1/2 Stry w/Bsmt
  • 1,493 sq ft finished, 1,246 sq ft unfinished

Flooring

  • Engineered Hardwood
  • Carpet

Heating & cooling

  • Stove/Free Standing heating
  • Wall Furnace heating
  • None cooling

Schools

Ratings via SchoolDigger

School information is unavailable for this listing. School boundaries can change, so verify the assigned schools with the district before purchasing.

Single-family home facts

As entered by the listing broker on Northwest MLS

Lot & site

Topography
Level,Steep Slope
Vegetation
Fruit Trees, Wooded
Faces
South

Systems

Energy source
Electric,Wood
Power production
Electric, Wood
Irrigation water rights
No

Rooms & extras

Bathtubs
2
Showers
2
Fireplaces on main
1

New construction

Square footage source
public records
Lot size source
public records

Manufactured home

Land lease
No

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

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Sales & Tax Records for 8 W Gedney Way

NWMLS via MLS Grid

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Jul 19, 2026
    Listed
    NWMLS via MLS Grid · #2553525
    $725,000
    $486/sq ft
  2. Nov 19, 2010
    Sold
    NWMLS via MLS Grid · #39341
    $75,000
    $50/sq ft
  3. Oct 19, 2010
    Pending
    NWMLS via MLS Grid · #39341
    $90,000
    $60/sq ft
  4. Mar 12, 2010
    Listed
    NWMLS via MLS Grid · #39341
    $90,000
    $60/sq ft

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Northwest MLS lists this home as eligible for down payment assistance programs

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$4,801 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: CENTURY 21 North Homes Realty; Paula Bafaro; 206-240-6975; paulabafaro@gmail.com

Market pulse

Hat Island is a strong buyer's market.

Inventory is high and demand is soft. Buyers have significant negotiating power.

Buyer's marketSeller's market
  • Offer insight: Sellers are often willing to negotiate on price and terms.

  • List to sale price: The average home sells for about 14% below list price.

  • Time on market: The average home goes pending in around 153 days.

Recent sales nearby

Within 1 mile · last 6 months
  • $25,000 Sold

    6 days ago

    •Single Family

    5 X Tulalip Way, Hat Island, WA 98206

    0%

    Over list

    63

    Days on market

    0.1 mi

    Distance

  • $480,000 Sold

    2 weeks ago

    2 bd•1.75 ba•~1,024 sq ft•Single Family

    17 B Whidbey Island Drive, Hat Island, WA 98206

    14%

    Under list

    138

    Days on market

    0.7 mi

    Distance

  • $100,000 Sold

    7 weeks ago

    •Single Family

    22 H S Beach Drive, Hat Island, WA 98206

    26%

    Under list

    481

    Days on market

    0.4 mi

    Distance

  • $735,000 Sold

    2 months ago

    2 bd•2 ba•~1,396 sq ft•Single Family

    11 H South Beach, Hat Island, WA 98206

    7%

    Under list

    287

    Days on market

    0.5 mi

    Distance

  • $49,950 Sold

    2 months ago

    •Single Family

    37 K Beach Way, Hat Island, WA 98206

    0%

    Over list

    412

    Days on market

    0.2 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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Market data from MLS GRID / NWMLS · Updated Oct 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 21, 2026 at 11:39pm (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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