Discover the charm of country living on beautiful South Whidbey Island with this exceptional 5-acre equestrian farm offering sweeping pastoral views and a peaceful island setting just minutes from horseback-riding trails, beaches, shops, and dining. The property features a beautifully updated mid-century farmhouse full of character and warmth, along with a separate guest cottage ideal for visitors, multigenerational living, rental income, or a private home office retreat. Designed with both comfort and functionality in mind, this thoughtfully improved property has undergone extensive upgrades throughout both homes, the barn, and garage, including updated electrical, new roofing, fresh exterior paint, new appliances, and two brand-new septic systems. The equestrian facilities include updated fencing around the pastures, 5 horse stalls, barn space, a tack room and plenty of room for other animals, gardening, hobbies, or simply enjoying the open space and tranquil surroundings. Towering trees between the house and the road, sunny meadows, and classic farm charm create a truly special setting that feels private and serene while remaining conveniently close to Freeland, and island amenities. Whether you are seeking a hobby farm, equestrian property, weekend retreat, or full-time island lifestyle, this rare South Whidbey offering combines timeless appeal with extensive modern improvements and endless possibilities.
Active
Listed by: Lapis Homes • Kim Rossi
Price cut: $47K (7/21)
$998,000
5392 Shore Meadow Road, Freeland, WA 98249
6beds
4,469sqft
:
Get pre-qualified$6,014/mo
Single Family Residence
Built in 1950
5 Acres Lot
$955,600 Zestimate®
$223/sqft
$-- HOA
What's special
Separate guest cottageSunny meadowsTack roomSweeping pastoral viewsPeaceful island settingBarn spaceNew appliances
- 63 days |
- 830 |
- 47 |
Zillow last checked:
Listing updated:
Listed by:
Kim Rossi,
Lapis Homes
Source: NWMLS as distributed by MLS GRID,MLS#: 2532624
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 3
Primary bedroom
- Level: Main
Bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Baseboard, Fireplace Insert, Stove/Free Standing, Wall Furnace, Electric, Propane, Wood
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dryer(s), Refrigerator(s), Washer(s), Water Heater: electric, Water Heater Location: laundry room
Features
- Bath Off Primary, Dining Room, Pantry
- Flooring: Concrete, Hardwood, Vinyl Plank
- Windows: Dbl Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 3,821
- Total interior livable area: 4,469 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached Carport, Driveway, Detached Garage, RV Parking
- Has garage: Yes
- Has carport: Yes
- Covered spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Pantry, Water Heater
- Has view: Yes
- View description: Territorial
Lot
- Size: 5 Acres
- Dimensions: 302' x 631'
- Features: Dead End Street, Paved, Barn, Cable TV, Deck, Dog Run, Fenced-Fully, Gated Entry, High Speed Internet, Outbuildings, Patio, Propane, RV Parking, Shop, Stable
- Topography: Equestrian,Level
- Residential vegetation: Fruit Trees, Garden Space, Pasture
Details
- Additional structures: ADU Beds: 2, ADU Baths: 1
- Parcel number: R229083005150
- Zoning description: Jurisdiction: County
- Special conditions: Standard
- Other equipment: Leased Equipment: propane - Vanderyacht
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mid-Century Modern,2 Story
- Property subtype: Single Family Residence
Materials
- Cement Planked, Wood Siding, Wood Products, Cement Plank
- Foundation: Poured Concrete
- Roof: Metal
Condition
- Updated/Remodeled
- Year built: 1950
- Major remodel year: 1960
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Septic Tank, Company: Septic Systems (2)
- Water: Individual Well, Company: Individual Well
- Utilities for property: Dish Network, Whidbey Telecom
Community & HOA
Community
- Features: Trail(s)
- Subdivision: Freeland
Location
- Region: Freeland
Financial & listing details
- Price per square foot: $223/sqft
- Tax assessed value: $736,298
- Annual tax amount: $1,344
- Date on market: 5/11/2026
- Cumulative days on market: 85 days
- Listing terms: Conventional
- Inclusions: Dryer(s), Leased Equipment, Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$955,600
$908,000 - $1.00M
$4,383/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Price change | $998,000-4.5%$223/sqft |
Source:  NWMLS as distributed by MLS GRID #2532624 Report a problem | ||
| 6/1/2026 | Listed for sale | $1,044,999+23.8%$234/sqft |
Source: NWMLS as distributed by MLS GRID #2532624 Report a problem | ||
| 3/22/2022 | Sold | $844,000+20.7%$189/sqft |
Source: Public Record Report a problem | ||
| 9/16/2020 | Listing removed | $699,000$156/sqft |
Source: John L Scott Real Estate #1609262 Report a problem | ||
| 8/17/2020 | Pending sale | $699,000$156/sqft |
Source: John L Scott Real Estate #1609262 Report a problem | ||
| 7/3/2020 | Price change | $699,000-4.1%$156/sqft |
Source: John L Scott Real Estate #1609262 Report a problem | ||
| 6/3/2020 | Listed for sale | $729,000+139%$163/sqft |
Source: John L Scott Real Estate #1609262 Report a problem | ||
| 2/27/2004 | Sold | $305,000$68/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,243 +11.8% | $736,298 +7.4% |
| 2023 | $1,111 -71.4% | $685,379 +19.3% |
| 2022 | $3,884 +0.8% | $574,645 +19.2% |
| 2021 | $3,852 +11.9% | $481,883 +9.9% |
| 2020 | $3,443 +47.6% | $438,600 +4.7% |
| 2019 | $2,332 -27.2% | $418,713 +35.4% |
| 2018 | $3,204 +27.9% | $309,158 +3% |
| 2017 | $2,505 +7.2% | $300,040 -2.2% |
| 2016 | $2,338 +6.5% | $306,816 +10.1% |
| 2015 | $2,196 | $278,591 -4.9% |
| 2013 | -- | $292,999 |
| 2012 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | $378,581 -2.1% |
| 2008 | -- | $386,796 +7.5% |
| 2007 | -- | $359,660 -0.3% |
| 2006 | -- | $360,871 +32% |
| 2005 | -- | $273,441 |
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: 7.5 mi
- 7/10South Whidbey Middle SchoolGrades: 6-8Distance: 7.5 mi
- 9/10South Whidbey High SchoolGrades: 9-12Distance: 7.5 mi
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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