507 Race Road

Coupeville, WA
$ 2,395,000 Beds 3 Baths 2.5 Sq 2,606
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 2,395,000
  • City
  • Coupeville
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • ISLAND
  • Half Bathrooms
  • 1
  • Area
  • Central Whidbey Island
  • Lot Size
  • 2.44 Acres
  • Zip
  • 98239
  • Sqr Footage
  • 2,606
  • Year Built
  • 2006
  • Taxes
  • $ 10565
  • Style
  • Contemporary
  • MLS#
  • 2549084
Listed By: Realogics Sotheby's Int'l Rlty and NWMLS
Data Source: Northwest Multiple Listing Service (NWMLS)

Features

General

Living Area 2606
Sewer Septic Tank
Heating Radiant
Cooling 90%+ High Efficiency,Central Air,Radiant
Possession Closing
Roof Composition
Appliances Dishwasher,Double Oven,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer
Architectural Style Contemporary
Year Built 2006
View Bay,Islands,Mountains,Ocean,See Remarks,Sound,Strait
Topography Level
Levels Two
Property Subtype Single Family Residence
Tax Year 2026
Waterfront Features Bayfront,Canal Front,Creek,No Bank,Saltwater
Community Features CCRs
County Island
New Construction No
Property Type Residential
HOA No
Attached Garage Yes
Subdivision Name Race Lagoon
Garage Y/N Yes
Full Baths 2
Special Listing Conditions None
Status Active
Directions From south Whidbey,take Hwy 525/20 to right on Race Road. Home is on the lagoon. From North Whidbey take Hwy 20 to left on Welcher,then right on Race Road.
High School Buyer To Verify
City Coupeville
Entry Location Main
Senior Community Y/N No
High School District Coupeville
MLS Area 812 - Central Whidbey Island
Lot Size Units Square Feet
Lot Size Square Feet 106286
Carport Y/N No
Listing Terms Cash,Conventional
Elementary School Buyer To Verify
Land Lease Y/N No
Tax Annual Amount 10565
Middle/Junior High School Buyer To Verify
Property Condition Very Good
Public Remarks 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
Structure Type House
Building Area Units Square Feet
Builder Name Clifton View Homes
Standard Status Active
Water Company Race Lagoon
Property Style 12 - 2 Story
NWM_ShowMapLink Yes

Interior Features

Interior Amenities Bath Off Primary,Dbl Pane/Storm Window,Dining Room,Fireplace,French Doors,Hot Tub/Spa,Loft,Pantry,Vaulted Ceiling(s),Walk-In Closet(s),Water Heater,Wine/Beverage Refrigerator
Basement None
Flooring Ceramic Tile,Concrete,Carpet
Total Fireplaces 1
Fireplace Features Gas
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N Yes
Half Baths 1
Total Bedrooms 3
Main Level Bedrooms 1
Total Baths 3
Water Heater Type Propane
Fireplaces Main 1
Power Production Type Electric,Propane
Bedrooms Upper 2
Baths Half Main 1
Baths Full Upper 1
Baths Full Main 1
Bathrooms 2.5

Exterior Features

Exterior Amenities Cement Planked
Vegetation Garden Space
Parking Features Attached Garage,RV Parking
Lot Features Open Space,Paved
Water Source Community
Total Parking 2
Inclusions Dishwasher(s),Double Oven,Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
Foundation Details Slab
Spa Yes
Building Area Total 2606
Lot Size Acres 2.44
Waterfront Y/N Yes
Covered Spaces 2
Irrigation Water Rights Y/N No
Waterfront Footage Approx 770'
Site Features Deck,High Speed Internet,Hot Tub/Spa,Patio,Propane,RV Parking

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Vancouver, WA office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Buyer To Verify Elementary School
Middle School Buyer To Verify Middle School
High School Buyer To Verify High School

Price History

7/5/2026 Listed $2,395,000

Property vs Zip Code Average in 98239

Price
AVG $980K
$2.4M
Taxes
AVG $4,917
$10,565
Year Built
AVG 1990
2006
Visits
AVG 322
117
Data Provided by Inside Real Estate®

Areas That We Cover

507 Race Road Coupeville, WA is a Single Family Home for sale at $2395000 with 2606 sqft and a lot size of 2.44 Acres Acre(s). 507 Race Road Coupeville has 3 bedrooms, 2 baths and was built in 2006. The property's zip code is 98239 which is in Coupeville, WA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.