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ActivePrice cut: $15K (7/11)
$1,135,000
3beds
1,900sqft

118 Cascade Way, Orcas Island, WA 98245

3beds
1,900sqft
Single family residence
Built in 1976
0.55 Acres
2 Garage spaces
$597 price/sqft

What's special

Set on a sunny southern-facing hillside overlooking Cascade Bay, this beautifully maintained & freshly updated home offers a bright interior with views from most rooms. An efficient layout features main-level living with a primary suite, plus a lower level with a third bedroom, bath, & bonus space. Recent improvements include ductless mini-split systems, new paint, updated lighting, new appliances, new flooring, a new water heater, & more. Expansive, newly improved decking—including covered areas & pet-friendly gated access at both ends—creates comfortable outdoor living, with occasional whale sightings adding to the experience. The sunny, gently sloping lot features established garden beds, planters, drip irrigation, & a charming greenhouse. Nearby lakes & Cascade Bay offer fun opportunities for paddle boarding & kayaking. Additional features include a one-car garage with ample storage, a carport, & an EV charging outlet ready for an adapter. Located just moments from Moran State Park trailheads & a short drive to Rosario Resort & Eastsound Village. Seasonal Kenmore Air service at Rosario Marina nearby. An adjacent .62-acre southwest-facing view lot—partially cleared with striking mossy outcroppings & a gently sloping natural landscape—is available for purchase; pls inquire about pricing. Fronting Cascade Way, a private road, Washington Water & OPALCO (power) hookups are located near the top of the lot, ideally positioned to capture warm afternoon light & sunset views.

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Source: NWMLS as distributed by MLS GRID,MLS#: 2515637MLS Logo
Travel times

Living Room

Kitchen

Dining Room

Zillow last checked:

Listing updated:

Listed by:

Asya Eberle,

Orcas Island Realty

Source: NWMLS as distributed by MLS GRID,MLS#: 2515637MLS Logo

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
Bathroom three quarter
  • Level: Lower
Den office
  • Level: Lower
Entry hall
  • Level: Main
Kitchen without eating space
  • Level: Main
Living room
  • Level: Main
Heating
  • Fireplace, Ductless, Electric, Propane
Cooling
  • Ductless
Appliances
  • Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Rheem Performance Platinum “Gladiator”, Water Heater Location: Under-stair closet
Features
  • Bath Off Primary, Dining Room
  • Flooring: Ceramic Tile, Vinyl Plank, Carpet
  • Doors: French Doors
  • Basement: Finished
  • Number of fireplaces: 2
  • Fireplace features: See Remarks, Lower Level: 1, Main Level: 1, Fireplace
Interior area
  • Total structure area: 1,900
  • Total interior livable area: 1,900 sqft
Video & virtual tour

Property

Parking
  • Total spaces: 2
  • Parking features: Attached Carport, Detached Garage
  • Has garage: Yes
  • Has carport: Yes
  • Covered spaces: 2
Features
  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Bath Off Primary, Dining Room, Fireplace, French Doors, Jetted Tub, Vaulted Ceiling(s), Water Heater
  • Spa features: Bath
  • Has view: Yes
  • View description: Islands, Mountain(s), Sound, Strait, Territorial
  • Has water view: Yes
  • Water view: Sound,Strait
Lot
  • Size: 0.55 Acres
  • Dimensions: 23958
  • Features: Drought Resistant Landscape, Deck, Fenced-Partially, Green House, High Speed Internet, Irrigation, Propane, Shop
  • Topography: Level,Partial Slope,Sloped,Terraces
  • Residential vegetation: Garden Space
Details
  • Parcel number: 173152016000
  • Zoning: RR
  • Zoning description: Jurisdiction: County
  • Special conditions: Standard

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Traditional,1 Story
  • Property subtype: Single Family Residence
Materials
  • Cement/Concrete
  • Foundation: Block
  • Roof: Metal
Condition
  • Good
  • Year built: 1976
  • Major remodel year: 1976

Utilities & green energy

  • Electric: Company: OPALCO
  • Sewer: Septic Tank
  • Water: Community, Company: Washington Water

Community & HOA

Community
  • Subdivision: Rosario
Location
  • Region: Eastsound

Financial & listing details

  • Price per square foot: $597/sqft
  • Tax assessed value: $1,069,380
  • Annual tax amount: $7,328
  • Date on market: 6/4/2026
  • Listing terms: Conventional
  • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

Price history

DateEventPrice
7/11/2026Price change$1,135,000-1.3%$597/sqft
Source: NWMLS as distributed by MLS GRID #2515637 Report a problem
6/4/2026Listed for sale$1,150,000+19.8%$605/sqft
Source: NWMLS as distributed by MLS GRID #2515637 Report a problem
5/20/2022Sold$960,000-3.8%$505/sqft
Source: NWMLS as distributed by MLS GRID #1897700 Report a problem
4/28/2022Pending sale$998,000$525/sqft
Source: NWMLS as distributed by MLS GRID #1897700 Report a problem
4/10/2022Listed for sale$998,000+667.7%$525/sqft
Source: NWMLS as distributed by MLS GRID #1897700 Report a problem
12/22/2015Sold$130,000-72.6%$68/sqft
Source: Agent Provided Report a problem
9/19/2006Sold$475,000$250/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$7,329 +21.4%$1,069,380 +3.8%
2024$6,037 +8.8%$1,029,990 +0.6%
2023$5,548 +3.7%$1,023,780 +14.8%
2022$5,350 $891,600
2021-- --
2020-- --
2019-- $402,560 +16%
2018$2,473 $347,090 +13.8%
2017$2,473 -11.7%$304,900 +13.7%
2016$2,799 $268,210 -2.1%
2015$2,799 $274,040 -7.6%
2014$2,799 $296,490 -11.7%
2012$2,799 $335,870
2011-- --
2010-- --
2009-- --
2008-- $329,590
2007-- $329,590 +41.6%
2004-- $232,710

Find assessor info on the county website

Monthly payment

Est. payment
$6,784/mo
Principal & interest
$6245
Property taxes
$539
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Estimated market value

$1,082,700

$1.03M - $1.14M

$3,247/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 98245

Nearby schools

Orcas Island Elementary School
Grades K-5 • 3.7 miles
7/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
7/10
Orcas Island Middle School
Grades 6-8 • 3.7 miles
9/10
GreatSchools® Rating
Test Score Rating
8/10
Student Progress Rating
9/10
Orcas Island High School
Grades 9-12 • 3.7 miles
9/10
GreatSchools® Rating
Test Score Rating
8/10
College Readiness Rating
9/10