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  • Listed by: KW South Whidbey • Suzanne Leisher
    Bought with: Windermere RE/South Whidbey
    $1,175,000

    4963 Magellan Drive, Freeland, WA 98249

    2beds
    2,536sqft
    Single Family Residence
    Built in 2004
    7,274 Square Feet Lot
    $1,175,000 Zestimate®
    $463/sqft
    $3,620 Estimated rent

    Home value

    $1,175,000

    $1.10M - $1.25M

    $3,620/mo

    Zestimate® history
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    What's special

    Wake to water viewsTerraced flower gardenEasy care manicured backyardSweeping water viewsPrivate wine cellarComfortable family roomPrivate deck
    Welcome to this turnkey gem nestled in the sought-after Bush Point beach community, where Whidbey Island living is at its finest. Enjoy direct access to a community boat launch and boathouse, with fishing and marine recreation right at your doorstep. Step inside to soaring vaulted knotty pine ceilings and a sun-drenched living room where engineered wood floors, a stunning rock-surround fireplace flanked by built-in cabinets & sweeping water views set the tone. The chef's kitchen impresses with a professional Viking stove, granite countertops, rich maple cabinetry, and a sit-up island perfect for gathering. The primary suite is a true retreat — wake to water views, unwind on your private deck, and indulge in a spa-inspired bath featuring a walk-in shower, soaking tub, radiant floor heat, and a heated towel rack. A dedicated home office with built-in cabinetry and bookcases offers inspiring views throughout the workday. Downstairs, a comfortable family room, private wine cellar, bedroom, flex/guest room, and full bath provide flexible space for every lifestyle. Outside, a newer composite deck wraps the living and dining areas — the ideal perch to entertain, relax, enjoy your favorite beverage, watch Orcas pods, passing ships and everchanging sunsets, and resident bald eagles soar overhead. The easy care manicured backyard, terraced flower garden & front yard add charm and tranquility, while the spotless two-car garage with workshop space completes this exceptional package.

    Zillow last checked:

    Listing updated:

    Listed by:

    Suzanne Leisher,

    KW South Whidbey

    Bought with:

    Dan Fouts, 23006246

    Windermere RE/South Whidbey

    Source: NWMLS as distributed by MLS GRID,MLS#: 2540741MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Lower
    Bathroom full
    • Level: Lower
    Bathroom full
    • Level: Main
    Other
    • Level: Second
    Other
    • Level: Main
    Bonus room
    • Level: Lower
    Den office
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Family room
    • Level: Lower
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, Fireplace Insert, Forced Air, Radiant, Electric, Propane
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Propane, Water Heater Location: Garage
    Features
    • Bath Off Primary, Dining Room
    • Flooring: Ceramic Tile, Engineered Hardwood, Carpet
    • Doors: French Doors
    • Windows: Dbl Pane/Storm Window
    • Basement: Daylight,Finished
    • Number of fireplaces: 2
    • Fireplace features: Gas, Main Level: 2, Fireplace
    Interior area
    • Total structure area: 2,536
    • Total interior livable area: 2,536 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Attached Garage
    • Has attached garage: Yes
    • Covered spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wine Cellar, Wired for Generator
    • Has view: Yes
    • View description: Mountain(s), Ocean, Pond, Sound
    • Has water view: Yes
    • Water view: Ocean,Pond,Sound
    Lot
    • Size: 7,274 Square Feet
    • Dimensions: 71 x 102
    • Features: Paved, Cable TV, Deck, High Speed Internet, Propane, Sprinkler System
    • Topography: Level,Terraces
    • Residential vegetation: Garden Space
    Details
    • Parcel number: S737502010380
    • Zoning description: Jurisdiction: County
    • Special conditions: Standard
    • Other equipment: Wired for Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: 1 Story w/Bsmnt.
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Wood Products
    • Foundation: Poured Concrete
    • Roof: Metal
    Condition
    • Very Good
    • Year built: 2004

    Utilities & green energy

    • Electric: Company: PSE
    • Sewer: Septic Tank, Company: Septic
    • Water: Community, Company: Lighthouse shores -King Water Manages
    • Utilities for property: Direct-Tv, Big Gig - Whidbey Tel

    Community & HOA

    Community
    • Features: Boat Launch, CCRs
    • Subdivision: Bush Point
    HOA
    • Services included: Common Area Maintenance
    • HOA fee: $150 annually
    • HOA phone: 425-246-4040
    Location
    • Region: Freeland

    Financial & listing details

    • Price per square foot: $463/sqft
    • Tax assessed value: $1,040,001
    • Annual tax amount: $8,190
    • Date on market: 6/18/2026
    • Listing terms: Conventional
    • Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    8/10/2026Sold$1,175,000-4.1%$463/sqft
    Source: NWMLS as distributed by MLS GRID #2540741 Report a problem
    7/2/2026Pending sale$1,225,000$483/sqft
    Source: NWMLS as distributed by MLS GRID #2540741 Report a problem
    6/18/2026Listed for sale$1,225,000+107.7%$483/sqft
    Source: NWMLS as distributed by MLS GRID #2540741 Report a problem
    2/22/2005Sold$589,900$233/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,191 +12.6%$1,040,001 +2.3%
    2024$7,273 +9.1%$1,016,728 -0.7%
    2023$6,665 +12.5%$1,023,455 +15.6%
    2022$5,924 +5.1%$885,372 +24.3%
    2021$5,636 +3.6%$712,146 +1.7%
    2020$5,442 +43%$700,377 +26.5%
    2019$3,807 -9.3%$553,707 +9.7%
    2018$4,199 +0.7%$504,718 -0.4%
    2017$4,169 +8.8%$506,556 -0.8%
    2016$3,831 -3.9%$510,598 -0.8%
    2015$3,985 $514,641 +4.8%
    2013-- $490,985
    2012-- --
    2010-- --
    2009-- $595,624 -0.7%
    2008-- $600,083 -0.7%
    2007-- $604,541 -0.1%
    2006-- $604,902 +58.1%
    2005-- $382,531 +396.8%
    2002-- $77,000 +2.7%
    2000$715 $75,000
    Find assessor info on the county website

    Neighborhood: 98249

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: So. Whidbey Intermed
    • High: So. Whidbey 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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