Welcome to Mutiny Bay—the most coveted waterfront on Whidbey Island—where 60 feet of no-bank, sugar-sand frontage puts the Olympic Mountains, passing shipping lanes and ever-changing tides at your doorstep every single day. The main house offers 4 bedrooms plus a waterside office with private balcony, a light-filled loft area, and a cook's kitchen built for gathering—all opening to expansive decks that carry indoor comfort right out to the beach. Gather around the cozy fireplace on cool island evenings, then step outside to a covered BBQ area and private courtyard made for effortless entertaining. The 2-stall garage with boathouse stores every toy for life on the water, while an expansive guest house with loft sleeping area and custom built-ins welcomes visitors in true Whidbey style. A rare 5-bedroom septic system with dedicated reserve area adds real value and flexibility for the way you want to live. Step from your door to the beach for crabbing, kayaking, paddleboarding, beachcombing and sunsets that never repeat. Whether hosting a crowd or savoring a quiet morning coffee at the water's edge, this is the quintessential Island waterfront retreat—thoughtfully designed, impeccably located, and ready for its next chapter. Homes on no-bank Mutiny Bay frontage of this caliber rarely come to market. Come experience the surf, the salt air, and the feeling of home.
Active
Listed by: Windermere RE/South Whidbey • Daniel Fouts
$4,800,000
5936 Cedar Street, Freeland, WA 98249
4beds
5,430sqft
Single Family Residence
Built in 2001
0.28 Acres Lot
$3,786,600 Zestimate®
$884/sqft
$-- HOA
What's special
Light-filled loft areaCozy fireplaceCovered bbq area
- 3 days |
- 367 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Daniel Fouts,
Windermere RE/South Whidbey,
Jessica Hart,
Windermere RE/South Whidbey
Source: NWMLS as distributed by MLS GRID,MLS#: 2548565
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 2
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Main
Bathroom full
- Level: Second
Bathroom three quarter
- Level: Second
Bathroom three quarter
- Level: Main
Other
- Level: Main
Bonus room
- Level: Third
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Wall Furnace, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
Features
- Bath Off Primary, Dining Room, Loft
- Flooring: Hardwood, Carpet
- Basement: None
- Number of fireplaces: 1
- Fireplace features: See Remarks, Main Level: 1, Fireplace
Interior area
- Total structure area: 3,995
- Total interior livable area: 5,430 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, Off Street
- Has attached garage: Yes
- Covered spaces: 2
Features
- Entry location: Main
- Patio & porch: Bath Off Primary, Dining Room, Fireplace, Loft, Sprinkler System, Walk-In Closet(s)
- Has view: Yes
- View description: Sound, Territorial
- Has water view: Yes
- Water view: Sound
- Waterfront features: Sound
- Frontage length: Waterfront Ft: 60
Lot
- Size: 0.28 Acres
- Features: Paved, Deck, Sprinkler System
- Topography: Level
Details
- Additional structures: ADU Beds: 1, ADU Baths: 1
- Parcel number: S839500000160
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cape Cod,3 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Poured Concrete
- Roof: Composition
Condition
- Good
- Year built: 2001
- Major remodel year: 2001
Utilities & green energy
- Electric: Company: Puget Sound Energy
- Sewer: Septic Tank, Company: NA
- Water: Community, Company: Cascadia Water
- Utilities for property: Whidbey Telecom
Community & HOA
Community
- Subdivision: Mutiny Bay
Location
- Region: Freeland
Financial & listing details
- Price per square foot: $884/sqft
- Tax assessed value: $3,351,105
- Annual tax amount: $26,193
- Date on market: 7/1/2026
- Cumulative days on market: 5 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$3,786,600
$3.07M - $4.66M
$1,920/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Listed for sale | $4,800,000+83.5%$884/sqft |
Source:  NWMLS as distributed by MLS GRID #2548565 Report a problem | ||
| 5/1/2018 | Listing removed | $1,600 |
Source: Tara Property Management South LLC Report a problem | ||
| 4/19/2018 | Listed for rent | $1,600 |
Source: Tara Property Management South LLC Report a problem | ||
| 11/4/2010 | Sold | $2,615,280$482/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $23,872 +7.9% | $3,351,105 -1.8% |
| 2023 | $22,128 +10.1% | $3,413,633 +13% |
| 2022 | $20,099 +16.2% | $3,020,025 +37.5% |
| 2021 | $17,296 +16.5% | $2,197,116 +14.4% |
| 2020 | $14,842 +28.9% | $1,920,075 +14.7% |
| 2019 | $11,511 -8.7% | $1,674,386 +9.7% |
| 2018 | $12,608 +0.9% | $1,526,033 -0.2% |
| 2017 | $12,496 +9.3% | $1,529,284 -0.4% |
| 2016 | $11,436 -3.5% | $1,535,860 -0.4% |
| 2015 | $11,856 | $1,542,435 +2.5% |
| 2013 | -- | $1,504,709 |
| 2012 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | $1,676,989 -7.7% |
| 2008 | -- | $1,817,392 -0.3% |
| 2007 | -- | $1,822,431 +97% |
| 2005 | -- | $925,260 +24.8% |
| 2002 | -- | $741,266 +63.3% |
| 2000 | $4,606 | $453,972 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
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Climate risks
Neighborhood: 98249
Nearby schools
GreatSchools rating
- 7/10South Whidbey ElementaryGrades: K-5Distance: 6.2 mi
- 7/10South Whidbey Middle SchoolGrades: 6-8Distance: 6.1 mi
- 9/10South Whidbey High SchoolGrades: 9-12Distance: 6.1 mi
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.
- Washington
- Island County
- Freeland
- 98249
- 5936 Cedar Street
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