Listed by Keller Williams Western Realty
$1,348,000
$50K PRICE DROP

5392 Shore Meadow Rd Freeland, WA 98249

Estimated payment $7,563/month

Total Views 4,690
3 Beds
2 Baths
1,693 Sq Ft
$796 Price per Sq Ft

Highlights

  • Barn
  • RV Access or Parking
  • Fruit Trees
  • Stables
  • 5 Acre Lot
  • Deck

About This Home

Discover farmhouse charm & income potential on 5 level equestrian acres just minutes from Mutiny Bay & Freeland shopping. This 2-bed, 1-bath main home exudes rustic warmth, while the detached 1-bed ADU offers rental income or guest space. The 5-stall barn, w/office, tack room, & rentable stalls, makes this a working farm, w/Trillium Woods access nearby. Both dwellings have new septic systems, & upgraded fencing secures property for horses. Both houses, barn & garage have undergone extensive upgrades during their remodel - thus making things up to today's standards while maintaining the farmhouse allure. Just some of the updates incl electric, paint, roof, & appliances. It’s a rare blend of peaceful country living & profitable opportunity.

Listing Agent

Cary Anderson

Keller Williams Western Realty License #27248 Listed on: 05/06/2025

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2370661

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,243

Year Built

  • Built in 1950

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 631'x302'
  • Street terminates at a dead end
  • Dog Run
  • Gated Home
  • Property is Fully Fenced
  • Level Lot
  • Fruit Trees
  • Garden
  • Property is in good condition

Parking

  • 4 Car Detached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Poured Concrete
  • Metal Roof
  • Wood Siding
  • Cement Board or Planked
  • Wood Composite

Interior Spaces

  • 1,693 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Dining Room
  • Limited Views
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Vinyl Plank

Bedrooms and Bathrooms

  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Outbuilding

Additional Homes

  • ADU includes 1 Bedroom and 1 Bathroom

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Baseboard Heating
  • Heating System Mounted To A Wall or Window
  • Propane
  • Private Water Source
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Freeland Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Assessor Parcel Number R229083005150

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,243

Year Built

Built in 1950

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 12 - 2 Story
  • Year Built: 1950
  • Inclusions: Dishwasher(s),Dryer(s),Leased Equipment,Refrigerator(s),See Remarks,Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: No
  • CalculatedSquareFootage: 2341
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: true
  • Special Features: None
  • Cumulative Days on Market: 83

Interior Features

  • Fireplaces: 1
  • Basement: None
  • Appliances: Dishwasher(s), Dryer(s), Refrigerator(s), See Remarks, Stove(s)/Range(s), Washer(s)
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Entry Location: Main
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl Plank
  • Interior Amenities: Bath Off Primary, Double Pane/Storm Window, Dining Room, Fireplace, Walk-In Pantry, Water Heater
  • Living Area: 1693
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Bathrooms: 1.75
  • BathsFullMain: 1
  • FireplacesMain: 1
  • SquareFootageFinished: 1693
  • SquareFootageUnfinished: 0
  • BathsFullGarage: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfGarage: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterGarage: 0
  • BathsThreeQuarterLower: 0
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 0
  • BedroomsUpper: 1
  • AppliancesIncluded: Dishwasher(s),Dryer(s),Refrigerator(s),See Remarks,Stove(s)/Range(s),Washer(s)
  • ADUBaths: 1
  • ADUBeds: 1
  • NWM_NumberOfBathtubs: 1
  • NWM_NumberOfShowers: 2

Exterior Features

  • Roof: Metal
  • View: Partial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Cement Plank, Wood
  • Exterior Features: Cement Planked, Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Property Condition: Good
  • Structure Type: House

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage, RV Parking
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Security: Fully Fenced, Security Gate
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Fireplace Insert, Stove/Free Standing, Wall Unit(s)
  • Heating Yn: Yes
  • PowerCompany: PSE
  • SewerCompany: private septic x 2
  • WaterCompany: private well
  • WaterHeaterLocation: laundry/mudroom
  • WaterHeaterType: electric
  • CableConnected: dish network
  • InternetConnected: whidbey telcom

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Parcel Number: R229083005150
  • Topography: Equestrian,Level
  • Land Lease: No
  • Lot Size Acres: 5
  • Lot Size: 631'x302'
  • Lot Size Sq Ft: 217800
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Barn,Cable TV,Deck,Dog Run,Fenced-Fully,Gated Entry,High Speed Internet,Outbuildings,Patio,Propane,RV Parking,Shop,Stable
  • MLSLotSizeSource: Public Records
  • MLSSquareFootageSource: Public Records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane, Wood

Tax Info

  • Year: 2025
  • Tax Annual Amount: 1243

Multi Family

  • EnergySource: Electric,Propane,Wood

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 $1,111 $736,298 $340,000 $396,298
2023 $1,111 $685,379 $320,000 $365,379
2022 $3,852 $574,645 $350,000 $224,645
2021 $3,443 $481,883 $280,000 $201,883
2020 $3,204 $438,600 $240,000 $198,600
2019 $2,394 $418,713 $280,000 $138,713
2018 $2,505 $309,158 $170,000 $139,158
2017 $2,338 $300,040 $160,000 $140,040
2016 $2,196 $306,816 $165,000 $141,816
2015 $2,276 $278,591 $135,000 $143,591
2013 -- $292,999 $135,000 $157,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Price Changed $1,348,000 -1.8% $796 / Sq Ft
06/24/2025 06/24/25 Price Changed $1,373,000 -1.8% $811 / Sq Ft
05/06/2025 05/06/25 For Sale $1,398,000 -- $826 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $844,000 Premier Title
Interfamily Deed Transfer -- --
Warranty Deed $305,000 Land Title Co Island Cnty
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $175,000 New Conventional
Previous Owner $122,000 Purchase Money Mortgage
Source: Public Records

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Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2370661

Northwest Multiple Listing Service (NWMLS)

APN: R22908-300-5150