Sold

Listed by: Orcas Island Realty • Mary M. Clure

Bought with: Orcas Island Realty

$1,862,500

1011 Palisades Drive, Orcas Island, WA 98245

3beds

2,852sqft

Single Family Residence

Built in 1981

2.15 Acres Lot

$1,817,500 Zestimate^®

$653/sqft

$4,683 Estimated rent

Home value

$1,817,500

$1.64M - $2.02M

$4,683/mo

Zestimate^® history

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$4,683/mo

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$4,683/mo

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$10,954/mo

Est. payment

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$10,954/mo

Est. payment

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What's special

Fully updated 3 bedrm/3 bath view home w/ 2 acres & 3 total lots (2 undeveloped) adjoining 40+ preserved acres next to Moran State Park trails. Luxury remodel from windows to decks & smart lighting. New decks and stone patios on all sides create a smooth indoor/outdoor flow in this natural setting. Gorgeous kitchen with quartz counters, center island w/ bar, walk in pantry. Open floor plan in dining and living areas all w/ views. The primary bedrm on the main is spacious w/ wool carpet, jetted tub & a walk in closet. Lower level is private suite w/ separate sitting area, exterior access & new Valor gas fireplace. All permitted/engineered. New electrical, fiber, 3 water hookups, solar, fenced garden. More view potential w/ bonus lot.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 1
3/4 bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 2

Primary bedroom

Level: Main

Bedroom

Level: Main

Bedroom

Level: Lower

Bathroom full

Level: Main

Bathroom three quarter

Level: Main

Dining room

Level: Main

Family room

Level: Lower

Kitchen with eating space

Level: Main

Living room

Level: Main

Heating

Fireplace, Forced Air, Wall Unit(s), Electric, Propane, Solar (Unspecified), Wood

Cooling

Forced Air

Appliances

Included: Dishwasher(s), Dryer(s), Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s), Garbage Disposal, Water Heater Location: Garage

Features

Bath Off Primary, Dining Room, High Tech Cabling
Flooring: Bamboo/Cork, Ceramic Tile, Hardwood, Carpet
Doors: French Doors
Windows: Double Pane/Storm Window
Number of fireplaces: 2
Fireplace features: Gas, Wood Burning, Lower Level: 1, Main Level: 1, Fireplace

Interior area

Total structure area: 2,852
Total interior livable area: 2,852 sqft

Property

Parking

Total spaces: 2
Parking features: Attached Garage, Off Street
Attached garage spaces: 2

Features

Levels: Two
Stories: 2
Patio & porch: Bamboo/Cork, Bath Off Primary, Ceramic Tile, Double Pane/Storm Window, Dining Room, Fireplace, French Doors, Hardwood, High Tech Cabling, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Wall to Wall Carpet
Has view: Yes
View description: Sound, Territorial
Has water view: Yes
Water view: Sound

Lot

Size: 2.15 Acres
Features: Adjacent to Public Land, Dead End Street, Deck, Fenced-Partially, Patio, Propane, Shop
Topography: Sloped,Terraces
Residential vegetation: Fruit Trees, Garden Space, Wooded

Details

Parcel number: 173154051000
Zoning description: Jurisdiction: County
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Architectural style: Northwest Contemporary,2 Story
Property subtype: Single Family Residence

Materials

Wood Siding
Foundation: Concrete Ribbon, Poured Concrete

Condition

Year built: 1981
Major remodel year: 2022

Utilities & green energy

Electric: Company: OPALCO
Sewer: Septic Tank
Water: Community, Private, Company: Washington Water
Utilities for property: Rock Island

Green energy

Energy generation: Solar

Community & HOA

Community

Features: CCRs, Trail(s)
Subdivision: Rosario

Location

Region: Eastsound

Financial & listing details

Price per square foot: $653/sqft
Tax assessed value: $1,522,990
Annual tax amount: $9,302
Date on market: 10/4/2024
Cumulative days on market: 656 days
Listing terms: Conventional
Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

Price history

Date	Event	Price
10/15/2024	Sold	$1,862,500-0.7%$653/sqft
Source: NWMLS as distributed by MLS GRID #2266977 Report a problem
8/26/2024	Pending sale	$1,875,000$657/sqft
Source: NWMLS as distributed by MLS GRID #2266977 Report a problem
8/14/2024	Listed for sale	$1,875,000+197.6%$657/sqft
Source: NWMLS as distributed by MLS GRID #2266977 Report a problem
6/11/2009	Sold	$630,000$221/sqft
Source: NWMLS as distributed by MLS GRID #28080861 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,338 +14.3%	$1,522,990 -2.4%
2024	$9,043 +17.7%	$1,560,900 +8.9%
2023	$7,684 +4.8%	$1,433,400 +16.1%
2022	$7,330	$1,235,110
2021	--	--
2020	--	--
2019	--	$684,350 +11.3%
2018	$4,302	$614,610 +14%
2017	$4,302 +20%	$539,130 +21.5%
2016	$3,586	$443,770 -1.6%
2015	$3,586	$450,880 +6.8%
2014	$3,586	$422,310 +2.8%
2012	$3,586	$410,940
2011	--	--
2010	--	--
2009	--	--
2008	--	$505,270
2007	--	$505,270 +14.1%
2004	--	$442,795