NOTHING ELSE LIKE IT - AND ON THE BAY! A rare and unique waterfront compound that also produces income! This Architect designed waterfront home, is close to town, near John Wayne Marina. With the finest finishes, unique features and only the best went into this Japanese inspired contemporary home. Views of Mt. Baker, the Strait (shipping lanes) and Sequim Bay. Main house is 5810 sq ft and can comfortably accommodate multi-generational living or serve well in a vacation rental situation. With a genkan (transition between inside and outside) entry, soaring ceilings with skylights, a living area designed for entertaining with tansu inspired bar cabinet, Chef's kitchen with top of the line appliances, Wolf propane cooktop, 42" refrigerator, wall oven with pizza stone and other accessories, tons of storage and 2 sinks, near a formal dining with huge round table that can seat 8+. A ladder leads to bonus room/loft. The Primary bedroom on the main floor has a propane fireplace, curved ceiling, his & hers huge closets and large bathroom with jetted tub, double head shower, double sinks, and each has their own toilet room, with a laundry room just off that. Upstairs there is a large deck for entertaining that overlooks the water, and below is covered patio and a hot tub. Additionally downstairs has it's own entry and parking and offers another primary bedroom with ensuite, plus 2 more bedrooms with walk in closets that share a Jack & Jill bath. There's a 2nd full kitchen, laundry room, a large family room with another propane fireplace, plus an office, mud room, and another huge room with many possibilities. Guesthouse over the 5 bay garage is 962 sq ft with vaulted ceilings, great room with (4th) fireplace, full compact kitchen & pantry, large bedroom with dressing area and the (3rd) laundry room. Priced to sell at $347 sq ft. (including ADU) - Fantastic value for waterfront!! 2 Airbnb's on site have been GENERATING INCOME: $93,000 in 2023! Exterior is being painted and additional landscaping in progress, photos will be updated when completed.