507 Race Rd Coupeville, WA 98239
Coupeville AreaEstimated payment $14,018/month
Highlights
- Very Popular Property
- Ocean View
- Home fronts a creek
- 770 Feet of Waterfront
- Spa
- RV Access or Parking
About This Home
Experience 770 feet of waterfront surrounding a crystal-clear lagoon that is continuously replenished by the adjoining Saratoga Passage known for its deep-water boat traffic. Race Lagoon serves as a peaceful bird sanctuary for the White Pelican, herons, eagles, owls and more. Set on 2.4 PRIVATE, level acres, this extraordinary retreat offers breathtaking water views from nearly every room. Launch a kayak or paddleboard from your shoreline, paddle directly into the open waters of Saratoga Passage, and enjoy one of Whidbey Island's most desired waterfront settings. Inside, this extraordinary timber-framed home features soaring vaulted ceilings with dramatic exposed beams and walls of glass that frame the spectacular views while seamlessly connecting to a private courtyard. The main-level primary suite and great room open to an entertainer's dream, complete with a hot tub, outdoor kitchen, fire pit, and the sparkling lagoon with Mt Baker as your backdrop. Radiant-heated concrete floors and a gas fireplace provide year-round comfort. A proven luxury vacation rental, this property is one of Whidbey Island's most sought-after VRBO generating exceptional rental income thanks to its rare waterfront setting, privacy, resort-style amenities, and unforgettable guest experience.
Source: Northwest Multiple Listing Service (NWMLS)
MLS#: 2549084
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,565
Year Built
- Built in 2006
Lot Details
- 2.44 Acre Lot
- Home fronts a creek
- 770 Feet of Waterfront
- Property Fronts a Bay or Harbor
- Home fronts a canal
- Open Space
- Level Lot
- Garden
- Property is in very good condition
Property Views
- Ocean
- Views of a Sound
- Island
- Bay
- Strait Views
- Mountain
Home Design
- Contemporary Architecture
- Slab Foundation
- Composition Roof
- Cement Board or Planked
Interior Spaces
- 2,606 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Gas Fireplace
- French Doors
- Dining Room
- Loft
Kitchen
- Double Oven
- Stove
- Microwave
- Dishwasher
- Wine Refrigerator
Flooring
- Carpet
- Concrete
- Ceramic Tile
Bedrooms and Bathrooms
- Walk-In Closet
- Bathroom on Main Level
- Spa Bath
Laundry
- Dryer
- Washer
Parking
- Attached Garage
- RV Access or Parking
Outdoor Features
- Spa
- Deck
- Patio
Utilities
- High Efficiency Air Conditioning
- Central Air
- Radiant Heating System
- Propane
- Water Heater
- Septic Tank
- High Speed Internet
Community Details
- No Home Owners Association
- Built by Clifton View Homes
- Race Lagoon Subdivision
- The community has rules related to covenants, conditions, and restrictions
Listing and Financial Details
- Assessor Parcel Number R231073463910
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $10,538 | $1,478,324 | $750,000 | $728,324 |
| 2024 | $11,615 | $1,489,594 | $725,000 | $764,594 |
| 2023 | $11,615 | $1,473,258 | $700,000 | $773,258 |
| 2022 | $10,912 | $1,281,085 | $575,000 | $706,085 |
| 2021 | $9,062 | $1,194,438 | $575,000 | $619,438 |
| 2020 | $8,828 | $1,049,848 | $450,000 | $599,848 |
| 2019 | $8,127 | $1,004,067 | $500,000 | $504,067 |
| 2018 | $8,729 | $897,250 | $400,000 | $497,250 |
| 2017 | $8,101 | $850,029 | $350,000 | $500,029 |
| 2016 | $8,976 | $855,585 | $350,000 | $505,585 |
| 2015 | -- | $911,140 | $400,000 | $511,140 |
| 2013 | -- | $891,816 | $369,564 | $522,252 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/05/2026 07/05/26 | For Sale | $2,395,000 | +181.8% | $919 / Sq Ft | |
| 02/11/2016 02/11/16 | Sold | $850,000 | 0.0% | $326 / Sq Ft | View Prior Sale |
| 12/22/2015 12/22/15 | Pending | -- | -- | -- | |
| 09/24/2015 09/24/15 | Price Changed | $850,000 | -2.9% | $326 / Sq Ft | |
| 08/18/2015 08/18/15 | Price Changed | $875,000 | -1.7% | $336 / Sq Ft | |
| 07/14/2015 07/14/15 | For Sale | $890,000 | 0.0% | $342 / Sq Ft | |
| 06/15/2015 06/15/15 | Pending | -- | -- | -- | |
| 05/22/2015 05/22/15 | For Sale | $890,000 | -- | $342 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $850,000 | Premier Title Of Island Cnty | |
| Warranty Deed | $144,000 | Chicago Title Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $84,000 | Credit Line Revolving | |
| Open | $680,000 | New Conventional | |
| Previous Owner | $120,000 | Credit Line Revolving | |
| Previous Owner | $285,000 | New Conventional | |
| Previous Owner | $108,000 | Purchase Money Mortgage |
Source: Northwest Multiple Listing Service (NWMLS)
MLS Number: 2549084
APN: R23107-346-3910
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2026 NWMLS.
Based on information submitted to the MLS GRID
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