Orcas Island Homes with FHA Terms

Orcas Island Homes with FHA Terms

Welcome to Orcas Island, a picturesque gem located in the beautiful San Juan County, Washington, USA. Known for its stunning natural beauty and charming community, Orcas Island offers a unique blend of island living and modern amenities.

Orcas Island is a place where you can truly escape the hustle and bustle of city life and immerse yourself in the tranquility of nature. With lush forests, pristine beaches, and panoramic views of the surrounding waters, this island is a paradise for outdoor enthusiasts and nature lovers.

If you are considering making Orcas Island your home, you'll be pleased to know that there are plenty of options available, including homes with FHA terms. FHA loans are a great option for first-time homebuyers or those with less-than-perfect credit, as they offer low down payment requirements and competitive interest rates.

Whether you're looking for a cozy cottage in the woods, a waterfront retreat, or a modern home with all the amenities, Orcas Island has something for everyone. With its strong sense of community, vibrant arts scene, and endless outdoor recreational opportunities, Orcas Island is the perfect place to call home.

Come and experience the magic of Orcas Island – where island living meets modern convenience, and where every day feels like a vacation.

Newest Orcas Island Homes with FHA Terms

$2,100,000
2 Beds ⋅ 3 Baths ⋅ 2573123 MLS ⋅ ACTIVE Status
A private, meandering driveway whisks you away to this custom-built island home on 5 plus acres , surrounded by peaceful natural beauty. This 2-bedroom plus loft, 3-bath home offers wonderful flexibility, with the loft easily serving as an additional sleeping space, office, or guest area. Skylights and large windows fill the home with natural light, while a wood-burning fireplace and propane stove create a warm and cozy atmosphere. Thoughtfully designed throughout, the home offers generous closet and storage space. Outside, enjoy towering trees, easy access to your owna private beach cove, and a mooring buoy—an idyllic island retreat offering privacy, quiet, and a true connection to the water and surrounding landscape. A special place you may never want to leave. This custom home was built by Con Russell.

2101 Dolphin Bay Road, Orcas Island

Listing courtesy of COMPASS.

$3,195,000
6 Beds ⋅ 4 Baths ⋅ 2557481 MLS ⋅ ACTIVE Status
Remarkable 180-degree southern views of the sunrise and sunset over the Salish Sea from one incredible private island estate! This nearly 10-acre sun-filled generational retreat encompasses the entire top of Scott Hill on Orcas Island. With 6 bedrooms and 5 bathrooms between the main house and guesthouse, a massive deck and acres of lawn and park-like grounds for enjoying the summer and an indoor pool or bowling alley (you choose), this hilltop sanctuary offer multiple generations an ideal island escape. Enjoy deer-fenced meadows, wildflowers, fruit trees, forests, gardens, ponds & infinite privacy in your own peaceful Orcas Oasis.

421 Scott Hill Drive, Orcas Island

Listing courtesy of COMPASS.

$1,795,000
2 Beds ⋅ 2 Baths ⋅ 2549168 MLS ⋅ ACTIVE Status
Located in the heart of Eastsound Village, this exceptional mixed-use property offers unmatched flexibility, investment potential, and a premier Main Street location. Set on 1.37 acres with Village Commercial zoning, the 3,344-square-foot building features a spacious two-bedroom, two-bath residence with expansive living areas, a cozy wood-burning fireplace, and views of the bay, sound, and surrounding village. The lower commercial unit is currently leased with approximately two years remaining on the lease, providing immediate income. The south-facing property is bordered by public land and offers abundant parking, RV parking, high-speed internet, community water and sewer, and easy access to shops, restaurants, the waterfront, and all the amenities of Eastsound. A detached garage, partially fenced grounds, and generous open space provide opportunities for continued use, expansion, or redevelopment. One of the property's most extraordinary attributes is its size, location, and zoning. This is one of the last semi-undeveloped commercial/residential properties with frontage on Eastsound's premier downtown Main Street. Village Commercial zoning allows for development of up to 40 units per acre (buyer to verify). A completed wetland study is available, adding significant value for future planning. Opportunities of this scale and prominence in the heart of Eastsound are exceptionally rare, making this one of Orcas Island's premier investment and development offerings.

199 Main Street, Orcas Island

Listing courtesy of COMPASS.

$945,000
3 Beds ⋅ 2 Baths ⋅ 2546701 MLS ⋅ ACTIVE Status
Discover the perfect blend of privacy, functionality, and island living on this beautiful 5+ acre property nestled among mature evergreens. This thoughtfully designed 3-bedroom, 2-bath home offers comfortable one-level living with over 1,700 square feet of inviting space. The true centerpiece of the property is the exceptional detached shop—ideal for contractors, woodworkers, artists, or anyone seeking the ultimate workspace. Complete with heated concrete floors and a dedicated office, it's a rare amenity that offers year-round comfort and endless possibilities for business, hobbies, or creative pursuits. Outside, enjoy the peace and privacy of a secluded wooded setting with partial fencing, RV parking, and room to garden, explore, or simply unwind. Whether you're looking for a full-time residence, island retreat, or a property that supports both work and play, this home offers the flexibility to fit your lifestyle. Conveniently located near Eastsound Village, beaches, hiking trails, restaurants, shops, and schools, this property offers the best of Orcas Island living—privacy, versatility, and easy access to everything the island has to offer.

561 Cedar Hill Road, Orcas Island

Listing courtesy of COMPASS.

$1,450,000
4 Beds ⋅ 4 Baths ⋅ 2528269 MLS ⋅ ACTIVE Status
Exceptional Rosario-area retreat with breathtaking views of the Salish Sea, surrounding islands & bay & an active revenue generating Vacation Rental Permit! This beautifully updated 4-bed home offers 2,335 sqft of thoughtfully designed living space, 2 separate floors of sun-filled living space allowing you to have your island retreat in one while the other generates revenue. Enjoy deeded community beach access, moments from Rosario amenities. Extensively upgraded, the home features a new Presidential-style architectural roof, new gutters, exterior paint, upgraded insulation and roof sheathing, completed in 2023. The property also boasts a brand-new septic system w/three 1,000-gallon tanks, new drain field & advanced NuWater treatment system. A new paver patio & reinforced upper deck w/concrete footings and rebar were added in 2024, along with concrete pier posts for future lower deck expansion potential. The lower-level rental has been tastefully renovated w/ all-new appliances, quartz slab countertops, cabinetry, porcelain tile flooring & an in-floor heating system. Furnishings may be included in the sale, creating a turnkey investment or community living opportunity. Additional highlights include 2 kitchens, updated windows, propane service for a future gas stove, 2 new water heaters, high-speed internet, garden space & detached garage. This sunny island property combines comfort, flexibility & exceptional coastal living in one of Orcas Island's most desirable communities.

372 Cascade Way, Orcas Island

Listing courtesy of COMPASS.

$2,250,000
2 Beds ⋅ 2 Baths ⋅ 2527089 MLS ⋅ ACTIVE Status
Stunning sun-filled waterfront retreat in highly sought-after West Sound, featuring a 44’ deepwater dock and private shoreline. Expansive and unobstructed south-facing views stretch across the Salish Sea, surrounding islands, and the Olympic Mountains. Thoughtfully designed with high-end finishes throughout, this luxurious 1,200± square ft home includes radiant hydro floor heating, steam shower, gas fireplaces in both the living room and bedroom, Hubbardton Forge fixtures, ironwood decking, solar panels, hot tub, outdoor shower, and EV charging outlet. Enjoy easy access to the beach, or relax on the expansive deck and take in breathtaking sunsets. A rare opportunity to own an exceptional island waterfront getaway.

1022 Deer Harbor Road, Orcas Island

Listing courtesy of COMPASS.

$1,500,000
2 Beds ⋅ 3 Baths ⋅ 2522283 MLS ⋅ ACTIVE Status
Rare opportunity in the heart of West Sound! Ideally situated on the corner of Deer Harbor Road and Crow Valley Road, this charming property enjoys a premier location just 50 feet from the waterfront, approximately 200 feet from the public beach and dock, and moments from the yacht club. This coveted offering includes a valuable transient rental permit, creating exceptional flexibility for personal use, vacation rental income, or both. The thoughtfully designed two-bedroom, three-bath home features comfortable living spaces and strong income-producing potential, with the upper level consistently rented throughout the summer season. Whether you are seeking an island getaway, investment property, or full-time residence near the marina and waterfront amenities, this one-of-a-kind West Sound property is a rare find.

942 Deer Harbor Road, Orcas Island

Listing courtesy of COMPASS.

$2,750,000
3 Beds ⋅ 2 Baths ⋅ 2520243 MLS ⋅ ACTIVE Status
Truly incredible opportunity to own your own Orcas Island waterfront home with over 700’ of private sun-filled walkout beach! With 14 acres on two separate south-east facing parcels, this property offers a rare combination of privacy, natural beauty, and island life at its best. Featuring a stunning sunny private beach, the property invites you to paddle directly from your own shoreline and fully embrace island lifestyle. The 3-bedroom, 2-bath home is perfectly positioned to capture breathtaking sunrise views over the Salish Sea, with a spacious deck and large lawn ideal for entertaining or simply relaxing. Walk across the rolling lawn and down to your own tranquil beach with whales, seals and other marine life literally just offshore in this picturesque waterway with outer islands and Mount Baker in the distance. The second tax parcel offers a wooded sanctuary with trails, an old cabin and breathtaking coastal overlooks providing endless potential for recreation, expansion and investment. All of this is only minutes from Doe Bay Resort and the wonderful community of Olga with restaurants, Olga Art Works, the Olga Store and historic post office and it is just down the road from the majestic trails, lakes and waterfalls of Moran State Park. This entire property is a rare island sanctuary with endless possibilities for enjoyment and privacy.

585 Deer Point Road, Orcas Island

Listing courtesy of COMPASS.

$2,495,000
5 Beds ⋅ 6 Baths ⋅ 2519539 MLS ⋅ ACTIVE Status
Extraordinary generational Orcas Island estate on nearly 5 private acres with absolutely stunning panoramic views over the Salish Sea, surrounding San Juan Islands and Mount Baker in the distance. Privately situated at the end of the drive surrounded by mature forests and madrona trees, this masterpiece is a thoughtfully designed retreat that is comfortable for a couple on one floor or multiple generations utilizing the full home. The design embraces the incredible natural setting with cedar-clad features, vaulted ceilings, floor-to-ceiling windows and exceptional craftsmanship throughout. A stone fireplace anchors the great room which flows seamlessly to a wraparound deck—perfect for sunrise coffee, sunset entertaining and year-round indoor/outdoor living. Built for relaxation and entertaining, the lower level offers a full bar, second fireplace, recreation area, dedicated gym, and flexible guest accommodations ideal for multi-generational living or retreats. The upper loft level provides flex space perfect for an artist studio, library or lounge. The exceptional estate includes 5 bedrooms, 6 baths, multiple fireplaces—including an outdoor hearth overlooking the water—and an indoor sauna, blending rustic elegance with modern comfort. Finally, the owners may consider seller financing! With unmatched privacy and endless opportunities to unwind in nature, this is a rare opportunity to own a very special Orcas Island sanctuary.

726 Pine Ridge Drive, Orcas Island

Listing courtesy of COMPASS.

$925,000
3 Beds ⋅ 2 Baths ⋅ 2514408 MLS ⋅ ACTIVE Status
This picturesque, sun-drenched, level 7-acre farm offers a rare blend of natural beauty and functionality. The pastoral setting features a variety of mature fruit trees, raised garden beds, fenced pastures for animals, a workshop, and a designated spot for a tiny home or RV. Enjoy breathtaking views of Turtleback Mountain from multiple vantage points across the property. With convenient access from two separate entry points, this unique, centrally located acreage provides both privacy and flexibility for a variety of uses.

5178 Orcas Road, Orcas Island

Listing courtesy of COMPASS.

$929,000
3 Beds ⋅ 2 Baths ⋅ 2513768 MLS ⋅ ACTIVE Status
Perched in the heart of Deer Harbor Hamlet with views of the estuary and open water, this two-bedroom, two-bath home combines natural beauty with everyday functionality. Nearly three-quarters of an acre of private grounds frame the ever-changing tidal landscape, while an attached garage offers secure storage and workspace — a genuine asset on island. Light-filled interiors, two full baths, and a setting steps from the charm of one of Orcas Island's most treasured communities make this an exceptional opportunity whether you're seeking a full-time residence, seasonal retreat, or long-term investment in the Pacific Northwest.

4622 Deer Harbor Road, Orcas Island

Listing courtesy of COMPASS.

$3,250,000
2 Beds ⋅ 2 Baths ⋅ 2508508 MLS ⋅ ACTIVE Status
Stunning waterfront estate spanning two sun-filled parcels with 44’ deepwater dock in extremely desirable West sound. Expansive south-facing views look over Salish Sea, outer islands and Olympic Mountains in the distance. Property includes a shared dock and a mooring buoy. The approximately 1200 square-foot luxury home on the first lot is finished with high-end materials, hydro floor heating throughout, steam shower, gas fireplaces in living room and bedroom, Hubbardton Forge fixtures, ironwood deck, solar panels, hot tub, outdoor shower, and an EV outlet. The property offers the flexibility to reside in the existing home and build a new residence on the upper lot, which already has a three-bedroom septic drain-field and on-site utilities.

1022 & 1024 Deer Harbor Road, Orcas Island

Listing courtesy of COMPASS.

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