Listed by COMPASS
$4,195,000

326 Olga Rd Eastsound, WA 98245

Estimated payment $23,118/month

Total Views 5,072
13 Beds
19 Baths
13,048 Sq Ft
$322 Price per Sq Ft

Highlights

  • 285 Feet of Waterfront
  • Wood Burning Stove
  • Engineered Wood Flooring
  • Orcas Island High School Rated A
  • Wooded Lot
  • No HOA

About This Home

Welcome to Ship Bay! A breathtaking sun-filled waterfront historic farmhouse estate, which spans 7,824 sq ft over 6 buildings, on 5+ waterfront acres within 2 separate parcels, only a mile from downtown Eastsound Village on beautiful Orcas Island. The original farmhouse is currently a successful, popular farm-to-table restaurant. Three newer buildings now host 11 income-producing guest rooms, along with an innkeepers apartment & caretaker's cabin. A seasonal stream meanders through the property, which includes mature heirloom fruit trees, two greenhouses and many garden beds, generating produce and herbs for the restaurant as well as off-site sales. All this looks out upon stunning southern views over Ship Bay and the Salish Sea.

Listing Agent

Kevin Ranker

COMPASS License #22011354 Listed on: 08/15/2025

COMPASS

Co-Listing Agent

Wally Gudgell

COMPASS License #11589

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2421489

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,526

Year Built

  • Built in 1998

Lot Details

  • 5.42 Acre Lot
  • 285 Feet of Waterfront
  • Level Lot
  • Wooded Lot
  • 271343003

Parking

  • Driveway

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 13,048 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove

Flooring

  • Engineered Wood
  • Bamboo
  • Softwood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Utilities

  • Forced Air Heating System
  • Baseboard Heating
  • Propane
  • Septic Tank

Community Details

  • No Home Owners Association
  • Eastsound Subdivision

Listing and Financial Details

  • Assessor Parcel Number 271343004

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,526

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 1998
  • MLS Status: Active
  • Prev Status: Active
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 13048
  • SeniorExemption: false
  • Special Features: None

Interior Features

  • Full Bathrooms: 19
  • Possible Bedrooms: 13
  • Total Bedrooms: 13
  • Fireplace: No
  • Flooring: Bamboo/Cork, Engineered Hardwood, Softwood, Vinyl, Carpet
  • Living Area: 13048
  • Main Level Bathrooms: 11
  • Main Level Bedrooms: 7
  • Bathrooms: 19
  • BathsFullMain: 11
  • SquareFootageFinished: 13048
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 8
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 6

Exterior Features

  • Roof: Composition
  • View: No
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Structure Type: House
  • WaterfrontFootage: 285

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Community
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Stove/Free Standing
  • Heating Yn: Yes
  • PowerCompany: OPALCO
  • WaterCompany: Eastsound Water
  • InternetConnected: Orcas Online/Century Link

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Orcas Island
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 271343004
  • Topography: Level
  • Land Lease: No
  • Lot Size Acres: 5.42
  • Lot Size Sq Ft: 236095
  • Additional Parcels Description: 271343003
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • MLSLotSizeSource: Realist
  • MLSSquareFootageSource: Realist
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane

Tax Info

  • Year: 2024
  • Tax Annual Amount: 10526

Multi Family

  • EnergySource: Electric,Propane

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $451 $88,030 -- --
2022 $451 $77,510 $0 $0
2021 $643 $78,520 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 For Sale $4,195,000 -- $322 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2421489

Northwest Multiple Listing Service (NWMLS)