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  • Listed by: COMPASS • Michael Konopik
    Price cut: $100K (6/12)
    $1,495,000

    702 N Main Street, Coupeville, WA 98239

    6beds
    3,888sqft
    : 
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    Single Family Residence
    Built in 1887
    0.39 Acres Lot
    $1,459,100 Zestimate®
    $385/sqft
    $-- HOA

    What's special

    Spacious kitchenOriginal fir floorsElegant italianate victorian designOrnate trimFlexible layoutCarved corbelsGrand staircase
    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.
    115 days
    |
    2,111
    |
    160
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Konopik,

    COMPASS

    Source: NWMLS as distributed by MLS GRID,MLS#: 2496237MLS Logo

      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
      Bedroom
      • Level: Main
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bedroom
      • Level: Second
      Bathroom three quarter
      • Description: Bath
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Second
      Bathroom full
      • Level: Second
      Bathroom three quarter
      • Level: Second
      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

      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: 117 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

        $1,459,100

        $1.39M - $1.53M

        $4,428/mo

        Price history

        DateEventPrice
        6/12/2026Price change$1,495,000-6.3%$385/sqft
        Source: NWMLS as distributed by MLS GRID #2496237 Report a problem
        4/29/2026Price change$1,595,000-5.9%$410/sqft
        Source: NWMLS as distributed by MLS GRID #2496237 Report a problem
        3/27/2026Listed for sale$1,695,000+27.9%$436/sqft
        Source: NWMLS as distributed by MLS GRID #2496237 Report a problem
        4/7/2023Sold$1,325,000-1.9%$341/sqft
        Source: NWMLS as distributed by MLS GRID #2026524 Report a problem
        1/21/2023Pending sale$1,350,000$347/sqft
        Source: NWMLS as distributed by MLS GRID #2026524 Report a problem
        1/12/2023Listed for sale$1,350,000+23.3%$347/sqft
        Source: NWMLS as distributed by MLS GRID #2026524 Report a problem
        11/20/2012Sold$1,095,000+119%$282/sqft
        Source: NWMLS as distributed by MLS GRID #262608 Report a problem
        7/2/2007Sold$500,000$129/sqft
        Source: NWMLS as distributed by MLS GRID #27007327 Report a problem

        Public tax history

        YearProperty taxesTax 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

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        Payment breakdown

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        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: 98239

        Getting around

        66 / 100
        Somewhat Walkable
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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