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  • Listed by: COMPASS • Emily Shepodd
    $2,800,000

    10 Front Street NW, Coupeville, WA 98239

    3beds
    3baths
    6,480sqft
    : 
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    Multi Family
    Built in 1864
    -- sqft lot
    $-- Zestimate®
    $432/sqft
    $-- HOA

    What's special

    Iconic waterfront corridorsNew pilingsMajor system upgrades
    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.
    13 days
    |
    747
    |
    40
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Emily Shepodd,

    COMPASS,

    Michael Konopik,

    COMPASS

    Source: NWMLS as distributed by MLS GRID,MLS#: 2548704MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      Heating
      • Ductless, Wall Furnace, Electric, Propane
      Cooling
      • Ductless
      Features
      • Flooring: Ceramic Tile, Laminate
      • Has fireplace: No
      Interior area
      • Total structure area: 6,480
      • Total interior livable area: 6,480 sqft

      Property

      Features
      • Has view: Yes
      • View description: City, Islands, Mountain(s), Sound, Territorial
      • Has water view: Yes
      • Water view: Sound
      • Waterfront features: Low Bank, Saltwater, Sound
      Lot
      • Size: 4,791 Square Feet
      • Dimensions: 60 x 69
      • Features: Curbs, Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio, Sprinkler System
      Details
      • Parcel number: R132334093800
      • Zoning description: Business,Commercial,Multi-Family,Retail,Jurisdiction: City
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: 5-9 Units
      • Property subtype: Multi Family
      Materials
      • Wood Siding, Wood Products
      • Roof: Composition
      Condition
      • Restored
      • Year built: 1864
      • Major remodel year: 1864

      Utilities & green energy

      • Electric: Company: PSE
      • Sewer: Sewer Connected, Company: Town of Coupeville
      • Water: Public, Company: Town of Coupville
      • Utilities for property: Ziply, Ziply

      Community & HOA

      Community
      • Subdivision: Coupeville
      Location
      • Region: Coupeville

      Financial & listing details

      • Price per square foot: $432/sqft
      • Annual tax amount: $10,415
      • Date on market: 5/22/2026
      • Cumulative days on market: 55 days
      • Listing terms: Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,133/mo

        Price history

        DateEventPrice
        7/2/2026Listed for sale$2,800,000$432/sqft
        Source: NWMLS as distributed by MLS GRID #2548704 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 98239

        Getting around

        62 / 100
        Somewhat Walkable
        31 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Coupeville Elem
        • Middle: Coupeville Mid
        • High: Coupeville High

        Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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