Oak Harbor Homes with Assumable Terms

Oak Harbor Homes with Assumable Terms

Welcome to Oak Harbor, a charming city located in Island County, Washington, United States. Known for its picturesque surroundings and friendly community, Oak Harbor offers a wonderful place to call home.

One of the unique features of the real estate market in Oak Harbor is the availability of homes with assumable terms. This means that buyers have the opportunity to take over the seller's existing mortgage, offering potential benefits such as lower interest rates and reduced closing costs. For buyers looking for a more streamlined and cost-effective way to purchase a home, assumable terms can be a fantastic option to explore in Oak Harbor.

Whether you're drawn to the vibrant arts and culture scene, the abundance of outdoor recreational activities, or the top-rated schools in the area, Oak Harbor has something to offer everyone. From cozy single-family homes to spacious waterfront properties, the real estate market in Oak Harbor is diverse and caters to a range of preferences and budgets.

If you're considering making Oak Harbor your new home or investment location, don't hesitate to explore the available homes with assumable terms. This unique feature adds an extra layer of flexibility and affordability to the real estate market in this beautiful city. Let Oak Harbor welcome you with open arms and find your perfect home with assumable terms today.

Newest Oak Harbor Homes with Assumable Terms

$510,000
3 Beds ⋅ 2 Baths ⋅ 2563231 MLS ⋅ ACTIVE Status
Discover easy single-level living in Cherry Hill, one of Oak Harbor’s most welcoming and established neighborhoods. This comfortable 1-story home offers 3 bedrooms and 1.75 baths, all enhanced by stylish, low-maintenance LVP flooring throughout. The open kitchen features a generous island that’s perfect for cooking, gathering, or entertaining, while Hardi-plank siding adds long-lasting durability and curb appeal. Situated on a corner lot, the home provides extra space and a fully fenced backyard with an apple tree, ideal for pets, play, gardening, or quiet outdoor evenings. A deck off the dining room creates a natural extension of your living space for weekend barbecues or morning coffee. Hallway has built-in secretary desk. Enjoy efficient comfort with a natural-gas water heater and forced-air furnace, plus the convenience of a finished 2-car garage for storage and projects. Cherry Hill includes a small park and playground, making it a friendly spot for all ages. Minutes from NAS Whidbey Island, downtown shopping, restaurants, and everyday essentials, this home sits inside the Olympic Rain Shadow for more sunny days and a brighter lifestyle. Whether you’re starting out, settling in, or simplifying life, this home offers a blend of comfort, location, and community that’s hard to beat.

1667 NW Almond Loop, Oak Harbor

Listing courtesy of Windermere Whidbey Island.

$515,000
3 Beds ⋅ 2 Baths ⋅ 2563464 MLS ⋅ ACTIVE Status
Assumption Opportunity! VA loan at 2.25%. Nestled among the trees on a generous .39 acre lot, this turnkey single level, three bedroom two bathroom home offers the perfect blend of privacy, modern comfort, and unbeatable convenience, complete with a valuable assumable VA loan opportunity for qualified buyers. Centrally located between Oak Harbor and Anacortes and just minutes from the NAS Whidbey Island back gate, hiking trails, parks, and beaches, this fully updated move in ready property features sleek quartz countertops, a new kitchen sink and faucet, updated light fixtures, modern LED can lights, new trim, all new outlets and light switches, updated flooring, new carpet in all bedrooms, new window blinds, and beautiful real hardwood floors throughout the main living areas. Vaulted ceilings with skylights brighten the interior, while a full repaint and remodeled master bath featuring a new shower, toilet, faucet, and lighting complement the updated secondary bath. Major mechanical upgrades provide complete peace of mind, including a roof installed in 2020, a new water heater added in July 2024, new thermostats, replaced garage door springs, an included water softener, a whole house water filtration system, and wiring for a generator. Outside, you will find a freshly painted front porch and deck overlooking the backyard with plenty of space for a garden, along with a new custom mailbox to welcome you home.

4528 N Alamo Way, Oak Harbor

Listing courtesy of RE/MAX Gateway.

$445,000
2 Beds ⋅ 2 Baths ⋅ 2563103 MLS ⋅ ACTIVE Status
Opportunity awaits in the desirable Rolling Hills community! This 2-bedroom, 2-bath home with a versatile bonus room sits on nearly half an acre and features a functional floor plan, a spacious fenced backyard, and endless potential to make it your own. This Home offers an excellent opportunity to build equity in a fantastic location. A standout feature is the existing FHA loan with a highly attractive 2.875% interest rate, which may be assumable by a qualified buyer—an exceptional opportunity in today’s market. Enjoy community amenities including a pool, clubhouse, private beach access, and boat launch, all conveniently located just minutes from NAS Whidbey, Oak Harbor, and Coupeville. Bring your vision and discover everything this property has to offer! FHA loan assumption is subject to lender approval, buyer qualification, and applicable terms and conditions.

1060 Sidney Street, Oak Harbor

Listing courtesy of Keller Williams Western Realty.

$335,000
2 Beds ⋅ 2 Baths ⋅ 2548673 MLS ⋅ ACTIVE Status
Welcome to your new coastal retreat in the heart of Oak Harbor . This beautifully updated top-floor condo offers a bright, open floor plan designed for easy living and entertaining . Step outside and you are right next door to Windjammer Park—meaning waterfront hiking trails, the beach, and park amenities are practically your backyard. You’ll love the convenience of elevator access and a secure gated entry . Inside, the seller has taken care of the major updates with brand-new carpeting throughout the entire unit and a recently installed 50-gallon water heater featuring a safe automatic shut-off. Located just a short stroll from historic downtown Oak Harbor, this home offers the ultimate walkable waterfront lifestyle. Don’t miss out on these incredible views—schedule your private tour today!

651 SE Bayshore Drive Unit #B304, Oak Harbor

Listing courtesy of HomeSmart One Realty.

$475,000
3 Beds ⋅ 2 Baths ⋅ 2543508 MLS ⋅ ACTIVE Status
Affordable mortgage with an assumable VA loan at an interest rate of 3.2%! Take advantage of this great option! Home is located in a convenient Oak Harbor location close to NAS Whidbey, schools, shopping and everyday amenities. This easy-living 3 bedroom, 2 bath rambler offers lock-and-leave convenience so you can spend more time enjoying all that Whidbey Island has to offer. Laminate flooring flows throughout the home, while the open-concept living, dining and kitchen areas are filled with natural light and everyday comfort. The kitchen features a pantry, eat-at bar and ample storage. The primary suite includes a spacious walk-in closet and private bath, while two additional bedrooms are thoughtfully positioned on the opposite side of the home for added privacy. Step outside to the deck overlooking a serene nature preserve, creating a peaceful backdrop for relaxing or entertaining. Tucked away in a quiet neighborhood setting with trails nearby, this home combines comfort, convenience and easy maintenance in one inviting package. Home has been freshly painted on the exterior and new furnace. Ready to move right in!

942 NE Cordero Place, Oak Harbor

Listing courtesy of Windermere RE Anacortes Prop..

$512,000
3 Beds ⋅ 2 Baths ⋅ 2540166 MLS ⋅ ACTIVE Status
This quality, one-level home features the perfect combination of comfort, convenience and quick access to shopping, NASWI, transit, and almost anything you may want in the city. The great room style living space offers great layout flexibility in the dining and living areas. Primary bedroom and bath are separate from the two secondary bedrooms. A full bath and half bath serve the main living space. Utility room leads to spacious 2-car garage. Siding is durable Hardi-Board. Fully fenced back yard provides a great space for gatherings and other uses. Assumption of low-rate mortgage is possible for qualified buyer.

1379 NE Big Berry Loop, Oak Harbor

Listing courtesy of Century 21 North Homes Realty.

$585,000
4 Beds ⋅ 3 Baths ⋅ 2538566 MLS ⋅ ACTIVE Status
Welcome home to this beautiful Oak Harbor gem! Located in the Fireside community, this property checks every single box. Step inside to find soaring high ceilings that flood the home with natural light, leading you into a spacious, remodeled kitchen designed for effortless cooking and entertaining. The primary suite has a walk in closet you don't want to miss and the home has all new carpet. The exterior boasts crisp new paint, RV parking, and a fully fenced backyard, ideal for privacy, pets, or play. For ultimate peace of mind, the home comes fully wired for a backup generator. Combining modern upgrades, functional outdoor space, and an unbeatable location close to everything, this home is ready for its next chapter!

1702 SW Ulysses Street, Oak Harbor

Listing courtesy of Keller Williams Western Realty.

$415,000
3 Beds ⋅ 2 Baths ⋅ 2523183 MLS ⋅ ACTIVE Status
Tucked into a quiet neighborhood and priced with affordability in mind, this charming single-story home is full of potential and ready for its next chapter. Offering 3 bedrooms and 2 bathrooms, it’s a wonderful opportunity for first-time buyers, downsizers, or anyone looking for comfortable one-level living. Enjoy new LVP flooring, a heat pump for year-round comfort, and an enclosed garage space perfect for extra storage, hobbies, or a workshop. The large lot provides room to garden, play, or simply relax outdoors. Located in the desirable Hillcrest Elementary district and just a short drive to shopping, dining, parks, beaches, and NAS Whidbey base access. This home combines convenience with everyday comfort. A solid home with great bones, ready for a little love and your personal touch.

2642 Olympic Drive, Oak Harbor

Listing courtesy of Coldwell Banker 360 Team.

$1,130,000
3 Beds ⋅ 3 Baths ⋅ 2516844 MLS ⋅ ACTIVE Status
Discover the ultimate blend of rustic charm and modern luxury on this 3.5-acre estate, a private sanctuary designed for both grand entertaining & serene daily living. The heart of the home features a grand entrance anchored by a stunning brick fireplace, leading into a living room with vaulted ceilings & massive picture windows that bathe the space in natural light. The kitchen has been beautifully refreshed with fresh paint, timeless brick flooring, & a center island cooktop, perfectly complemented by a new custom built-in in the dining room & custom curtains that stay with the home. Retreat to the main-floor primary suite, which boasts a completely redone master bathroom, & outside access. Throughout the home, you will find thoughtful upgrades like live-edge wood countertops in the bathrooms & custom shelving in every closet. The lower level expands your living options with a spacious rec room, two additional bedrooms, a dedicated office, & an oversized laundry room. Outside, the grounds rival a private resort, featuring a pickleball court, a tranquil pond, & a new pergola & fire pit area for evening gatherings. The landscaping is highlighted by a classic stone wall & partitioned pastures. This turnkey property offers total peace of mind with a new septic system installed in 2025, a French drain, & a secure electric gate entrance. With multiple outbuildings and expansive acreage, this estate perfectly combines high-end functionality with a peaceful, country lifestyle.

2259 Happy Valley Road, Oak Harbor

Listing courtesy of RE/MAX Gateway.

$499,900
2 Beds ⋅ 2 Baths ⋅ 2510701 MLS ⋅ ACTIVE Status
Charming is the perfect word to capture the warmth and inviting feel of this beautifully remodeled home, ideally situated on a spacious half-acre corner lot. With ample open space, there’s incredible potential to add a garage, workshop, or custom shop—whatever suits your lifestyle. Step inside to discover a thoughtfully updated interior featuring a bright, modern kitchen equipped with all newer stainless steel appliances, perfect for both everyday living and entertaining. Natural light pours in through expansive windows, creating a cheerful and uplifting atmosphere throughout the home—no dark or dreary days here. Relax on the front porch and take in the stunning sunset views, a perfect way to unwind at the end of the day. The home offers the convenience of main-level bedrooms, while the upper level provides versatile bonus spaces ideal for a home office, media room, or game room—tailored to fit your needs. Located just minutes from local amenities, including golf, dining, and recreation, this home blends peaceful living with accessibility. With a remodel finished less than five years ago, you can enjoy modern comfort and style without the worry of major updates. This property truly offers the best of both worlds—charm, functionality, and room to grow.

1320 Swantown Road, Oak Harbor

Listing courtesy of Windermere Real Estate/CIR.

$535,000
4 Beds ⋅ 2 Baths ⋅ 2502373 MLS ⋅ ACTIVE Status
Experience the charm of peaceful country and island living in this beautifully updated 4-bedroom mid-century modern home, perfectly situated on a generous 13,575 sq ft lot. The expansive, fully fenced backyard offers privacy and versatility, featuring a covered back porch and a detached carport that can easily double as a covered patio — an ideal setting for summer BBQs, outdoor entertaining, or simply relaxing in your own serene retreat. There is abundant space for gardening, play, and even raising a few chickens to complete the homestead feel. Step inside to discover an inviting interior with an updated kitchen, newer roof and windows, and a cozy gas fireplace that creates a warm and welcoming atmosphere. Upstairs, a versatile bonus room with additional storage provides the perfect space for a bedroom, home office, or creative hobby area. Conveniently located near two waterfront parks and local schools, this delightful home blends comfort, charm, and everyday convenience — truly a special place to call home.

950 SE 4th Avenue, Oak Harbor

Listing courtesy of Coldwell Banker Bain.

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