Island Homes with Assumable Terms

Island Homes with Assumable Terms

Welcome to Island County, located in the beautiful state of Washington, USA. Known for its stunning natural landscapes and vibrant communities, Island County offers a unique and desirable living experience.

With its picturesque surroundings, including the stunning Puget Sound and breathtaking mountain ranges, Island County is a haven for outdoor enthusiasts. Whether you enjoy hiking, kayaking, or simply taking in the serene beauty of nature, this county has it all.

Island County is also home to charming towns and cities, each with its own distinct character. From the historic town of Coupeville, with its quaint shops and Victorian-era homes, to the bustling city of Oak Harbor, where you can find a variety of amenities and entertainment options, there is something for everyone here.

One of the notable features of the real estate market in Island County is the availability of homes with assumable terms. This means that buyers have the option to take over the existing mortgage of the seller, which can be a great advantage in today's competitive market. Assumable terms allow for a smoother and potentially more affordable home buying process, as buyers can avoid the need for a new mortgage and potentially benefit from lower interest rates.

Whether you're looking for a waterfront property with stunning views or a cozy home nestled in the woods, Island County has a wide range of real estate options to suit every taste and budget. With its natural beauty, welcoming communities, and the convenience of assumable terms, Island County is a fantastic place to call home.

Newest Island Homes with Assumable Terms

$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.

$875,000
3 Beds ⋅ 3 Baths ⋅ 2550133 MLS ⋅ ACTIVE Status
Breathtaking sunrise views of Puget Sound, Mount Baker and Mount Ranier from this beautiful Sierra Vista Community home with beach access at Tillicum Beach just below. Offering 3,541 sqft, 3 bdrms plus flex room , 3 baths and an elevator. Open concept main level with a spacious kitchen, living room, fireplace and walls of windows framing the spectacular eastern views. Sliders from both the living area and primary suite open to an expansive deck, creating seamless indoor-outdoor living. The daylight basement includes a 2nd fireplace, full bath, separate entry, abundant storage and flexible space ideal for guests and storage, or potential rental use. Fully fenced backyard, newer roof and exterior paint. Beautiful garden space. Embrace the Camano Island lifestyle with private beach access, endless opportunity for boating, kayaking, crabbing, fishing and hiking all while enjoying the tranquility, natural beauty and spectacular scenery that make island living so special. Just a short drive to shops, restaurants and golf.

2891 Viewmont Place, Camano Island

Listing courtesy of CB Cascade RE - Lake Chelan.

$899,000
3 Beds ⋅ 4 Baths ⋅ 2552572 MLS ⋅ ACTIVE Status
Designed with a perfect blend of space & style, this spacious home features 3 bedrooms +2 bonus rooms & a generous loft flex space, which opens to stunning westerly ocean views. Every room has been thoughtfully curated with quality finishes & attention to detail. The custom kitchen is a standout, showcasing sleek countertops, updated cabinetry & ample space for cooking and entertaining. The home’s layout flows seamlessly, offering both comfort & functionality for everyday living and hosting. The garage is wired with both 110V and 220V outlets and has lighting, power, and a French cleat wall system already in place for a workshop, with the 220V service ideal for equipment such as welders, high-capacity air compressors, and other high-power shop tools. Located in a sought-after neighborhood close to amenities & community beach, this home combines comfort with elevated living. With its versatile spaces, stylish upgrades, and scenic views, this property is a rare opportunity you won’t want to miss!

557 Fort Ebey Road, Coupeville

Listing courtesy of Better Homes&Gardens McKenzie.

$515,000
3 Beds ⋅ 2 Baths ⋅ 2551418 MLS ⋅ ACTIVE Status
Great starter home on beautiful Camano Island! New interior paint and carpet throughout. The main level features an open floor plan with vaulted ceilings. An abundance of natural light with 2 bedrooms and 1 bathroom. Downstairs has a large family room with a pellet stove, 3/4 bathroom & 1 more bedroom! Huge fully fenced yard with newer deck! Garden space and plenty of room for storage. 2 car attached garage & tons of parking for boat/RV. Close to beaches and parks! Check it out today!

1486 Pilchuck Drive, Camano Island

Listing courtesy of Windermere Real Estate/M2, LLC.

$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.

$899,000
3 Beds ⋅ 4 Baths ⋅ 2549018 MLS ⋅ ACTIVE Status
Designed with a perfect blend of space & style, this spacious home features 3 bedrooms +2 bonus rooms & a generous loft flex space, which opens to stunning westerly ocean views. Every room has been thoughtfully curated with quality finishes & attention to detail. The custom kitchen is a standout, showcasing sleek countertops, updated cabinetry & ample space for cooking and entertaining. The home’s layout flows seamlessly, offering both comfort & functionality for everyday living and hosting. Located in a sought-after neighborhood close to amenities & community beach, this home combines comfort with elevated living. With its versatile spaces, stylish upgrades, and scenic views, this property is a rare opportunity you won’t want to miss!

557 Fort Ebey Road, Coupeville

Listing courtesy of Better Homes&Gardens McKenzie.

$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.

$599,999
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.

$775,000
4 Beds ⋅ 3 Baths ⋅ 2520473 MLS ⋅ ACTIVE Status
{HUGE PRICE IMPROVEMENT = MOTIVATED SELLER} Ferry-free island living awaits you at this amazing home! Enjoy the best of Camano Island’s outdoor lifestyle with nearby hiking trails, golf, pickleball courts, beaches and more. This beautiful WELL maintained, MOVE IN READY 4-bedroom, 2.5-bath home with MAIN FLOOR PRIMARY suite offers French door entry, En-suite with dual vanities, jetted soaker tub, walk in shower and a walk-in closet and a slider to the private mature lush landscaped backyard. Inside this home you will be greeted with soaring cathedral ceilings and abundant natural light complement the open-concept design. Spacious, open and filled with natural light kitchen features a large peninsula with cooktop, stainless steel appliances, and floor-to-ceiling cabinetry. Upstairs you will see the 3 very generous sized bedrooms PLUS a FLEXIBLE BONUS ROOM ideal for a HOME OFFICE, MEDIA ROOM, or GUEST space. BRAND NEW ROOF (Sept. 2025), CENTRAL A/C for those HOT PNW days, built-in vacuum, oversized 3-car garage complete with a side door and built in storage. Sits on a large corner lot, peaceful, fully landscaped which is perfect for backyard BBQ'S, entertaining or just relaxing after a day out exploring, expansive Trex deck completes this perfect space for your outdoor living and this home comes with access to three private beaches. All these amazing features and more completes this move-in-ready island retreat. DON"T MISS THIS ONE!! COME VIEW IT NOW

33 Zermatt Court, Camano Island

Listing courtesy of KW North Sound.

$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.

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