**Rare Old Town Opportunity: Updated Home + Detached Studio ADU Near Anchor Cove Marina**Enjoy the ideal combination of character, comfort, and flexibility in this beautifully updated 3-bedroom home with a detached studio ADU, perfectly situated in the heart of Old Town just moments from Anchor Cove Marina. Thoughtfully updated while preserving its timeless appeal, this inviting property offers a lifestyle that is both convenient and versatile.The main home features bright, light-filled living spaces, a functional floor plan, and an updated kitchen designed for everyday living. The bedrooms provide flexibility for full-time residents or visiting guests, while the expansive basement offers an additional finished room that can serve as a primary suite, along with abundant storage space.Step outside to enjoy dedicated garden areas and inviting spaces for entertaining. The private deck creates the perfect setting for outdoor dining, morning coffee, or relaxing evenings.Adding exceptional value and versatility, the detached studio ADU is ideal for guest accommodations, rental income potential, a home office, or a creative workspace.Set on an extra-large 9,000-square-foot lot in highly sought-after Old Town, this property supports a truly walkable and bike-friendly lifestyle. Enjoy easy access to downtown shops, restaurants, and everyday amenities, while nearby waterfront access and marine views enhance the appeal.A rare opportunity to own a versatile, updated property
Pending inspection
Listed by: RE/MAX Gateway
Price cut: $36K (6/12)
$699,000
1411 5th Street, Anacortes, WA 98221
5beds
2,484sqft
Single Family Residence
Built in 1958
9,147 Square Feet Lot
$685,100 Zestimate®
$281/sqft
$-- HOA
What's special
- 19 days |
- 1,711 |
- 89 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Kelli Lang,
RE/MAX Gateway
Source: NWMLS as distributed by MLS GRID,MLS#: 2538851
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Lower
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Living room
- Level: Main
Other
- Level: Main
Utility room
- Level: Lower
Heating
- Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: tankless, Water Heater Location: basement
Features
- Flooring: Ceramic Tile, Granite, Hardwood, Softwood, Travertine, Vinyl Plank, Carpet
- Windows: Dbl Pane/Storm Window, Skylight(s)
- Basement: Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 2,111
- Total interior livable area: 2,484 sqft
Property
Parking
- Total spaces: 2
- Parking features: Off Street
- Uncovered spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Dbl Pane/Storm Window, Hot Tub/Spa, Skylight(s), Vaulted Ceiling(s), Water Heater, Wine/Beverage Refrigerator
- Has spa: Yes
- Spa features: Indoor
- Has view: Yes
- View description: Islands, Partial, See Remarks, Sound
- Has water view: Yes
- Water view: Sound
Lot
- Size: 9,147 Square Feet
- Features: Curbs, Paved, Sidewalk, Cable TV, Deck, Fenced-Partially, High Speed Internet, Hot Tub/Spa
- Topography: Level
- Residential vegetation: Garden Space
Details
- Additional structures: ADU Beds: 1, ADU Baths: 1
- Parcel number: P55683
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story w/Bsmnt.
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Year built: 1958
- Major remodel year: 2015
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: City
- Water: Public, Company: City
Community & HOA
Community
- Subdivision: Old Town
Location
- Region: Anacortes
Financial & listing details
- Price per square foot: $281/sqft
- Tax assessed value: $656,200
- Annual tax amount: $5,361
- Date on market: 2/26/2026
- Cumulative days on market: 126 days
- Listing terms: Conventional,FHA,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$685,100
$651,000 - $719,000
$3,402/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/26/2026 | Pending sale | $699,000$281/sqft |
Source:  NWMLS as distributed by MLS GRID #2538851 Report a problem | ||
| 6/12/2026 | Price change | $699,000-4.9%$281/sqft |
Source: NWMLS as distributed by MLS GRID #2538851 Report a problem | ||
| 6/5/2026 | Listed for sale | $735,000$296/sqft |
Source: FSBO-Online.com Report a problem | ||
| 9/2/2025 | Listing removed | $2,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/12/2025 | Listed for rent | $2,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/14/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 10/29/2023 | Listed for rent | $2,900$1/sqft |
Source: Zillow Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,957 +8% | $656,200 +7.8% |
| 2023 | $4,591 -4.3% | $608,600 -5.9% |
| 2022 | $4,799 | $647,100 +25.8% |
| 2021 | -- | $514,300 +18.5% |
| 2020 | $3,836 +7.2% | $433,900 +6.5% |
| 2019 | $3,577 +19.9% | $407,300 +7.5% |
| 2018 | $2,982 +23.2% | $379,000 +33.2% |
| 2017 | $2,420 +0.2% | $284,500 +12% |
| 2016 | $2,416 +3.1% | $254,100 +4.2% |
| 2015 | $2,343 +34.8% | $243,900 +26.4% |
| 2013 | $1,738 | $192,900 +6.2% |
| 2012 | $1,738 -6.1% | $181,600 +2.5% |
| 2011 | $1,851 | $177,200 -16.8% |
| 2010 | $1,851 +10.8% | $213,000 -4% |
| 2009 | $1,671 +0.6% | $221,900 |
| 2008 | $1,661 | $221,900 |
| 2007 | $1,661 +27.1% | $221,900 +70.8% |
| 2003 | $1,307 -0.6% | $129,900 +2% |
| 2002 | $1,315 +1.2% | $127,400 +6.3% |
| 2001 | $1,300 +4.5% | $119,800 +10.6% |
| 2000 | $1,244 | $108,300 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 98221
Nearby schools
GreatSchools rating
- 8/10Island View Elementary SchoolGrades: K-5Distance: 1.1 mi
- 6/10Anacortes Middle SchoolGrades: 6-8Distance: 1 mi
- 9/10Anacortes High SchoolGrades: 9-12Distance: 0.8 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Washington
- Skagit County
- Anacortes
- 98221
- 1411 5th Street
Nearby cities
Nearby zip codes
Other Anacortes Topics
