This 8.32 acre property with home is an ideal property for those looking to invest or develop inside Coupeville city limits with water views of Penn Cove and space to potentially build 24+ units. Coupeville City Council approved new zoning for 9600 sq. ft. lots (RM-9600). Utilities are in the street and on the property for everything you need. Access options from multiple points off NE 3rd St. and Lauren Street at a later point. This is one of the last develop-able properties in Coupeville and ideal for builders looking for an easier site with less clearing required. Take advantage of the opportunity. Whidbey Health Medical Center only a few blocks away!
Sold
Listed by: American Dream R. E. Services • Forbes Hansen
Bought with: Keller Williams Realty Bothell
$1,350,000
501 NE 3rd Street, Coupeville, WA 98239
--beds
--baths
8.33Acres
Unimproved Land
Built in ----
8.33 Acres Lot
$1,026,700 Zestimate®
$--/sqft
$2,572 Estimated rent
Home value
$1,026,700
$780,000 - $1.26M
$2,572/mo
Zestimate® history
Owner options
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$2,572/mo
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$2,572/mo
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$6,427/mo
Est. payment
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$6,427/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Forbes Hansen,
American Dream R. E. Services
Bought with:
Candace D Jordan, 19716
Keller Williams Realty Bothell
Source: NWMLS as distributed by MLS GRID,MLS#: 2457122
Facts & features
Interior
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Lot
- Size: 8.33 Acres
- Features: Adjacent to Public Land, Corner Lot
- Topography: Level,Sloped
Details
- Parcel number: R132341470170
- Zoning: Medium 9600
- Zoning description: Residential,Jurisdiction: City
- Special conditions: Standard
Utilities & green energy
- Electric: On Property
- Gas: On Property
- Sewer: Available, On Property
- Water: Available, On Property
- Utilities for property: Electricity Connected, Natural Gas Available
Community & HOA
Community
- Subdivision: Coupeville
Location
- Region: Coupeville
Financial & listing details
- Tax assessed value: $932,087
- Annual tax amount: $7,283
- Date on market: 2/15/2026
- Cumulative days on market: 157 days
- Listing terms: Conventional,See Remarks
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Sold | $1,350,000 |
Source:  NWMLS as distributed by MLS GRID #2457122 Report a problem | ||
| 3/6/2026 | Pending sale | $1,350,000 |
Source: NWMLS as distributed by MLS GRID #2457122 Report a problem | ||
| 11/23/2025 | Listed for sale | $1,350,000 |
Source: NWMLS as distributed by MLS GRID #2457122 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,915 -6.8% | $932,087 +3.4% |
| 2023 | $7,420 +6.8% | $901,701 +7.9% |
| 2022 | $6,950 +210% | $835,439 +17.6% |
| 2021 | $2,242 +13.3% | $710,599 +4.2% |
| 2020 | $1,979 -5.9% | $681,880 +9.1% |
| 2019 | $2,103 -3.2% | $624,928 +7.5% |
| 2018 | $2,172 +1.3% | $581,245 +3.1% |
| 2017 | $2,144 +9.1% | $563,906 +4.6% |
| 2016 | $1,966 +15.4% | $539,228 +11.5% |
| 2015 | $1,704 | $483,413 -8.4% |
| 2013 | -- | $528,020 |
| 2012 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | $661,236 -7.5% |
| 2008 | -- | $714,920 +20.9% |
| 2007 | -- | $591,142 |
Find assessor info on the county website
Neighborhood: 98239
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Nearby schools
GreatSchools rating
- 6/10Coupeville Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10Coupeville Middle SchoolGrades: 6-8Distance: 0.5 mi
- 6/10Coupeville High SchoolGrades: 9-12Distance: 0.5 mi
- Washington
- Island County
- Coupeville
- 98239
- 501 NE 3rd Street
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