A Turnkey investment opportunity in the heart of Coupeville, just blocks from the waterfront. **MOTIVATED SELLER! ~ Welcome to June on Whidbey Island! This wonderful property is FULLY BOOKED FOR THE SUMMER!**The iconic 1887 John & Jane Kineth House blends historic character with modern systems and a strong income track record. This unique historic property has been thoughtfully reimagined and is currently operating as a successful short-term rental, with prior use as a bed & breakfast and also as a personal residence. This property offers immediate revenue potential and a wide variety of uses. The elegant Italianate Victorian design features ornate trim, carved corbels, the original fir floors, a grand staircase, and a classic parlor with a marbleized fireplace. The updated electrical, plumbing, and systems provide modern reliability while preserving historic appeal. The flexible layout includes 6 bedrooms, 4 with private en-suite baths—ideal for guest accommodations. A spacious kitchen, a wonderful formal dining with butler’s pantry, and multiple gathering spaces both inside and out support high-occupancy use. Commercial zoning allows for continued STR operation, boutique inn, or mixed-use investment. The prime location just blocks from Coupeville’s waterfront, shops, and dining enhances year-round demand. This is truly a rare opportunity to acquire a high-performing, historically significant property.
Active
Listed by: COMPASS • Michael Konopik
Price cut: $100K (6/12)
$1,495,000
702 N Main Street, Coupeville, WA 98239
6beds
3,888sqft
Single Family Residence
Built in 1887
0.39 Acres Lot
$1,459,000 Zestimate®
$385/sqft
$-- HOA
What's special
Spacious kitchenOriginal fir floorsElegant italianate victorian designOrnate trimFlexible layoutCarved corbelsGrand staircase
- 161 days
- 1,160
- 92
Zillow last checked:
Listing updated:
Listed by:
Michael Konopik,
COMPASS
Source: NWMLS as distributed by MLS GRID,MLS#: 2496237
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 3
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Bedroom
- Description: BR
- Level: Main
Bedroom
- Level: Main
Bathroom three quarter
- Description: Bath
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Baseboard, Forced Air, Heat Pump, Wall Furnace, Electric, Propane
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: Electric, Water Heater Location: Utility Room
Features
- Bath Off Primary, Ceiling Fan(s), Dining Room, Pantry
- Flooring: Ceramic Tile, Softwood, Vinyl Plank, Carpet
- Doors: French Doors
- Basement: None
- Has fireplace: No
- Fireplace features: Electric, Wood Burning
Interior area
- Total structure area: 3,888
- Total interior livable area: 3,888 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Detached Garage, Off Street
- Has garage: Yes
- Covered spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Bath Off Primary, Ceiling Fan(s), Dining Room, French Doors, Jetted Tub, Pantry, Vaulted Ceiling(s), Water Heater, Wine/Beverage Refrigerator
- Spa features: Bath
- Has view: Yes
- View description: Mountain(s), Ocean, Partial, Territorial
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 0.39 Acres
- Features: Sidewalk, Cabana/Gazebo, Deck, Electric Car Charging, Fenced-Partially, Outbuildings, Patio, Propane
- Topography: Level
- Residential vegetation: Fruit Trees, Garden Space
Details
- Parcel number: R132333083890
- Zoning description: Jurisdiction: City
- Special conditions: Standard
- Other equipment: Leased Equipment: Propane Tank
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian,2 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Block
- Roof: Composition
Condition
- Very Good
- Year built: 1887
- Major remodel year: 1984
Utilities & green energy
- Electric: Company: PSE
- Sewer: Sewer Connected, Company: Town of Coupeville
- Water: Community, Company: Town of Coupeville
Community & HOA
Community
- Subdivision: Coupeville
Location
- Region: Coupeville
Financial & listing details
- Price per square foot: $385/sqft
- Tax assessed value: $1,074,207
- Annual tax amount: $7,878
- Date on market: 3/25/2026
- Cumulative days on market: 163 days
- Listing terms: Conventional,USDA Loan,VA Loan
- Inclusions: Dishwasher(s), Double Oven, Dryer(s), Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$1,459,000
$1.39M - $1.53M
$5,164/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Price change | $1,495,000-6.3%$385/sqft |
Source:  NWMLS as distributed by MLS GRID #2496237 Report a problem | ||
| 4/29/2026 | Price change | $1,595,000-5.9%$410/sqft |
Source: NWMLS as distributed by MLS GRID #2496237 Report a problem | ||
| 3/27/2026 | Listed for sale | $1,695,000+27.9%$436/sqft |
Source: NWMLS as distributed by MLS GRID #2496237 Report a problem | ||
| 4/7/2023 | Sold | $1,325,000-1.9%$341/sqft |
Source: NWMLS as distributed by MLS GRID #2026524 Report a problem | ||
| 1/21/2023 | Pending sale | $1,350,000$347/sqft |
Source: NWMLS as distributed by MLS GRID #2026524 Report a problem | ||
| 1/12/2023 | Listed for sale | $1,350,000+23.3%$347/sqft |
Source: NWMLS as distributed by MLS GRID #2026524 Report a problem | ||
| 11/20/2012 | Sold | $1,095,000+119%$282/sqft |
Source: NWMLS as distributed by MLS GRID #262608 Report a problem | ||
| 7/2/2007 | Sold | $500,000$129/sqft |
Source: NWMLS as distributed by MLS GRID #27007327 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,968 +8.9% | $1,074,207 +20.8% |
| 2023 | $7,314 +90.7% | $888,888 +23.8% |
| 2022 | $3,835 -43.3% | $718,229 +1.3% |
| 2021 | $6,762 +8.9% | $708,955 +3.1% |
| 2020 | $6,208 +21.6% | $687,446 +12.8% |
| 2019 | $5,105 -9% | $609,456 +13.5% |
| 2018 | $5,610 -3.9% | $537,163 -0.6% |
| 2017 | $5,838 +8.2% | $540,271 0% |
| 2016 | $5,397 -6.2% | $540,493 -2.1% |
| 2015 | $5,753 | $552,160 +7.9% |
| 2013 | -- | $511,797 |
| 2012 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | $476,658 +6.3% |
| 2008 | -- | $448,444 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 98239
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