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  • Listed by: COMPASS • Eileen Hebert
    Bought with: Keller Williams Western Realty
    $1,400,000

    7001 Palm Lane, Anacortes, WA 98221

    4beds
    3,788sqft
    Single Family Residence
    Built in 1985
    5.3 Acres Lot
    $1,462,800 Zestimate®
    $370/sqft
    $4,326 Estimated rent

    Home value

    $1,462,800

    $1.39M - $1.54M

    $4,326/mo

    Zestimate® history
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    What's special

    Trailer parkingFruit treesOrganic gardenMountain viewsFenced pasturesRv and boat parkingWide plank european flooring
    Palm Lane Garden Estate. Discover a Private Anacortes Retreat where mountain views, extraordinary gardens and refined living come together. Tucked behind a gated entry, this beautiful estate offers main level living, Mt. Baker and Cascade views, and a newly remodeled designer kitchen with custom cabinetry, slab quartz, three ovens, drawer microwave, radiant heat and wide plank European flooring. Open living and dining spaces flow effortlessly to covered decks, sunlit courtyards, koi ponds, fountains and Mediterranean inspired gardens, creating a remarkable setting for peaceful mornings and memorable gatherings. The serene primary suite opens to its own private courtyard and flowering gardens. A bright sunroom, private office, theater room, lower level library with gas fireplace, guest bedrooms and abundant storage provide exceptional comfort and flexibility. A heated finished studio or shop, oversized garage, RV and boat parking, organic garden, fruit trees, private well and backup generator support a variety of passions and pursuits. For those who desire it, the property also offers a barn with water and power, tack and hay rooms, run in stalls, sand paddocks, round pen, fenced pastures and trailer parking. Nearby Anacortes Forest Lands trails enhance the peaceful Northwest lifestyle. Residence on 5.3 Acres Plus Included Adjacent Wooded 5 Acre Parcel offering added privacy and possibilities. A rare estate of beauty, quality and versatility. See Features List.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eileen Hebert,

    COMPASS

    Bought with:

    Heidi LaPuzza, 26006195

    Keller Williams Western Realty

    Amanda Murdock, 27770

    Keller Williams Western Realty

    Source: NWMLS as distributed by MLS GRID,MLS#: 2515955MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Lower
    Bedroom
    • Level: Lower
    Bathroom full
    • Level: Main
    Bathroom three quarter
    • Level: Lower
    Other
    • Level: Main
    Den office
    • Level: Main
    Dining room
    • Level: Main
    Entry hall
    • Level: Main
    Kitchen with eating space
    • Level: Main
    Living room
    • Level: Main
    Utility room
    • Level: Main
    Heating
    • Fireplace, 90%+ High Efficiency, Forced Air, Radiant, Electric
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Gas, Water Heater Location: Utility Closet LL
    Features
    • Bath Off Primary, Ceiling Fan(s), Dining Room
    • Flooring: Ceramic Tile, Engineered Hardwood, Stone, Vinyl, Vinyl Plank
    • Doors: French Doors
    • Windows: Dbl Pane/Storm Window, Skylight(s)
    • Basement: Daylight,Finished
    • Number of fireplaces: 2
    • Fireplace features: Gas, Lower Level: 1, Main Level: 1, Fireplace
    Interior area
    • Total structure area: 3,788
    • Total interior livable area: 3,788 sqft

    Property

    Parking
    • Total spaces: 9
    • Parking features: Driveway, Attached Garage, RV Parking
    • Has attached garage: Yes
    • Covered spaces: 3
    • Uncovered spaces: 6
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Main
    • Patio & porch: Bath Off Primary, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Jetted Tub, Skylight(s), Solarium/Atrium, Walk-In Closet(s), Water Heater, Wired for Generator
    • Spa features: Bath
    • Has view: Yes
    • View description: Mountain(s), See Remarks, Territorial
    Lot
    • Size: 5.3 Acres
    • Dimensions: 332 x 681 x 329 x 681
    • Features: Dead End Street, Secluded, Arena-Outdoor, Barn, Cable TV, Deck, Fenced-Partially, Gas Available, Gated Entry, High Speed Internet, Outbuildings, Patio, Propane, RV Parking, Shop, Stable
    • Topography: Equestrian,Steep Slope,Terraces
    • Residential vegetation: Fruit Trees, Garden Space, Pasture, Wooded
    Details
    • Parcel number: P20170
    • Zoning: Rural Reserve
    • Zoning description: Jurisdiction: County
    • Special conditions: Standard
    • Other equipment: Wired for Generator

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,1 Story w/Bsmnt.
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Wood Products
    • Foundation: Poured Concrete
    • Roof: Composition
    Condition
    • Updated/Remodeled
    • Year built: 1985
    • Major remodel year: 2016

    Utilities & green energy

    • Electric: Company: Puget Sound Energy
    • Sewer: Septic Tank, Company: Septic System 4 Bedrooms
    • Water: Individual Well, Company: Private 400 ft Well
    • Utilities for property: Xfinity

    Community & HOA

    Community
    • Features: Trail(s)
    • Subdivision: Gibralter
    Location
    • Region: Anacortes

    Financial & listing details

    • Price per square foot: $370/sqft
    • Tax assessed value: $1,240,600
    • Annual tax amount: $12,174
    • Date on market: 5/2/2026
    • Listing terms: Conventional,VA Loan
    • Inclusions: Dishwasher(s), Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
    • Road surface type: Dirt

    Price history

    DateEventPrice
    8/7/2026Sold$1,400,000-9.7%$370/sqft
    Source: NWMLS as distributed by MLS GRID #2515955 Report a problem
    6/29/2026Pending sale$1,550,000$409/sqft
    Source: NWMLS as distributed by MLS GRID #2515955 Report a problem
    6/1/2026Price change$1,550,000-6.1%$409/sqft
    Source: NWMLS as distributed by MLS GRID #2515955 Report a problem
    5/2/2026Listed for sale$1,650,000+435.7%$436/sqft
    Source: NWMLS as distributed by MLS GRID #2515955 Report a problem
    6/27/1994Sold$308,000$81/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,400 -0.4%$1,240,600 -4.1%
    2024$10,441 -4.9%$1,293,000 -5.6%
    2023$10,973 +7.7%$1,369,900 +11.9%
    2022$10,191 $1,224,300 +35.6%
    2021-- $903,000 +14.1%
    2020$7,834 +7.4%$791,700 +6.3%
    2019$7,297 +1.4%$744,600 +4%
    2018$7,198 +20%$716,100 +11.6%
    2017$6,000 +9.3%$641,500 +10%
    2016$5,490 +5.7%$583,300 +14.3%
    2015$5,194 -6.3%$510,200
    2013$5,543 $510,200 -6.7%
    2012$5,543 +0.7%$547,100 -4.1%
    2011$5,504 $570,400 -5%
    2010$5,504 -0.5%$600,700 -13.2%
    2009$5,529 -0.8%$692,400
    2008$5,572 $692,400
    2007$5,572 +19.3%$692,400 +55.7%
    2003$4,672 +33.1%$444,600 +24.1%
    2002$3,511 -2.8%$358,400 +10.7%
    2001$3,613 +4.3%$323,800 +10.2%
    2000$3,465 $293,700
    Find assessor info on the county website

    Neighborhood: 98221

    Nearby schools

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