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.
Pending
Listed by: KW South Whidbey • Suzanne Leisher
$1,225,000
4963 Magellan Drive, Freeland, WA 98249
2beds
2,536sqft
Single Family Residence
Built in 2004
7,274 Square Feet Lot
$1,198,200 Zestimate®
$483/sqft
$13/mo HOA
What's special
Wake to water viewsTerraced flower gardenEasy care manicured backyardSweeping water viewsPrivate wine cellarComfortable family roomPrivate deck
- 28 days |
- 863 |
- 40 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Suzanne Leisher,
KW South Whidbey
Source: NWMLS as distributed by MLS GRID,MLS#: 2540741
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: $483/sqft
- Tax assessed value: $1,016,728
- Annual tax amount: $8,190
- Date on market: 6/17/2026
- Cumulative days on market: 30 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$1,198,200
$1.14M - $1.26M
$2,985/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Pending sale | $1,225,000$483/sqft |
Source:  NWMLS as distributed by MLS GRID #2540741 Report a problem | ||
| 6/18/2026 | Listed for sale | $1,225,000+107.7%$483/sqft |
Source: NWMLS as distributed by MLS GRID #2540741 Report a problem | ||
| 2/22/2005 | Sold | $589,900$233/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 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
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 98249
Nearby schools
GreatSchools rating
- 7/10South Whidbey ElementaryGrades: K-5Distance: 8.9 mi
- 7/10South Whidbey Middle SchoolGrades: 6-8Distance: 9 mi
- 9/10South Whidbey High SchoolGrades: 9-12Distance: 9 mi
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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A local lender can help you make sure your offer is ready when you are.
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