Island Homes with FHA Terms

Island Homes with FHA Terms

Welcome to Island County, located in the beautiful state of Washington, USA. This county offers a wonderful mix of natural beauty, vibrant communities, and a thriving real estate market. If you're looking for a home with FHA terms, you're in luck!

Island County is known for its stunning landscapes, with picturesque views of the Puget Sound, lush forests, and majestic mountains. The county is made up of two main islands, Whidbey and Camano, each offering their own unique charm and attractions.

When it comes to real estate, Island County has a range of options to suit every taste and budget. Whether you're looking for a cozy cottage by the water, a spacious family home in a friendly neighborhood, or a luxurious retreat with breathtaking views, you'll find it here.

One of the advantages of buying a home in Island County is the availability of FHA terms. FHA loans are government-backed mortgages that offer flexible financing options, making homeownership more accessible for many buyers. With FHA terms, you can enjoy a lower down payment requirement, competitive interest rates, and more lenient credit requirements.

So, if you're dreaming of owning a home in Island County, rest assured that there are options available to make your dreams a reality. Explore the diverse real estate market, take advantage of FHA terms, and start enjoying the unparalleled beauty and quality of life that Island County has to offer.

Newest Island Homes with FHA Terms

$425,000
3 Beds ⋅ 2 Baths ⋅ 2557544 MLS ⋅ ACTIVE Status
FIND THE SPACE YOU'VE BEEN LOOKING FOR WITHOUT GIVING UP THE CONVENIENCE OF TOWN. Nestled on nearly half an acre at the end of a quiet cul-de-sac, this 3-bedroom, 2-bath rambler offers the privacy of a wooded setting with shopping, dining, and everyday conveniences just minutes away. Fresh interior paint brightens the home, while the functional one-level layout provides the perfect opportunity to add your own flooring and personal style. Outside, offers room for a garden, play, or simply relaxing. Start your mornings surrounded by nature, then gather around the backyard fire pit as the day winds down. Conveniently located less than 15 minutes from NAS Whidbey, downtown Oak Harbor, schools and restaurants. This property is an excellent opportunity for first-time buyers, military families, or anyone looking for more outdoor space without sacrificing an easy commute. Come experience the space, privacy, and potential that make this Oak Harbor home stand out. BUYERS ASK: Is this home all on one level? This rambler offers single-level living with three bedrooms and two bathrooms. What makes this location special? Enjoy a quiet cul-de-sac setting with mature trees while remaining just minutes from town and NAS commute. Who is this home ideal for? This home is well suited for first-time buyers, military families, or anyone looking for one-level living with privacy, outdoor space, and the opportunity to make a home their own.

4511 Woodland Circle, Oak Harbor

Listing courtesy of Coldwell Banker 360 Team.

$825,000
2 Beds ⋅ 2 Baths ⋅ 2553818 MLS ⋅ ACTIVE Status
Follow a beautiful drive to this inviting one-story home, privately nestled on five peaceful, wooded acres. Thoughtfully updated and lovingly maintained, the home features a remodeled kitchen, an updated primary suite with a spacious walk-in shower, three energy-efficient ductless mini-splits for year-round comfort, and a cozy wood-burning fireplace. Flexible office and bonus spaces offer room to work, play or pursue hobbies. Relax or entertain on the expansive deck overlooking the landscaped backyard and tranquil woodland beyond. Gardeners will appreciate the established landscaping and deer fencing. A spacious garage/shop provides plenty of room for vehicles, projects, and recreational gear, also a garden shed which offers even more storage and versatility. Enjoy the privacy of country living just minutes from Freeland's shops, restaurants, services, and beaches, with the ferry about 20 minutes away. Experience the best of Whidbey Island living in this exceptional property that combines peaceful surroundings with everyday convenience.

6357 Baywood Road, Freeland

Listing courtesy of Windermere RE/South Whidbey.

$1,190,000
4 Beds ⋅ 3 Baths ⋅ 2564236 MLS ⋅ ACTIVE Status
Now is your chance to get this waterfront and acreage package at an incredible new price! Perched above scenic Livingston Bay, this exceptional 4-bedroom home offers the perfect blend of breathtaking views, comfortable living, and hobby farm potential. Set on over an acre, the property captures sweeping views of Port Susan Bay, the Cascade Mountains, and the protected shoreline, creating a stunning backdrop for everyday life. Inside, abundant natural light pours through expansive windows, highlighting the inviting living spaces and showcasing the ever-changing scenery beyond. The thoughtfully updated kitchen and baths blend modern convenience with timeless style, while the desirable main-level primary suite provides comfort and ease of living. With room for everyone, the versatile floor plan is ideal for both entertaining and everyday enjoyment. Could make for a perfect Airbnb option with the many bedrooms and peaceful setting. Outside, the barn offers endless possibilities for horses, hobby farming, gardening, or simply embracing a more rural lifestyle. Enjoy the peace and privacy of island living while remaining just minutes from the Camano Gateway Bridge, providing convenient access to Stanwood, shopping, dining, schools, and other everyday amenities. A rare opportunity to enjoy stunning views, usable land, and the best of the Pacific Northwest lifestyle.

108 N Livingston Bay Road, Camano Island

Listing courtesy of The Agency Camano 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.

$529,000
3 Beds ⋅ 2 Baths ⋅ 2561931 MLS ⋅ ACTIVE Status
Welcome Home to Redwing! This beautifully maintained contemporary home is truly move-in ready! Soaring vaulted ceilings in the foyer & living room create a bright, open, and inviting atmosphere from the moment you step inside. Enjoy year-round comfort & energy efficiency w/ natural gas forced-air heating, a cozy gas fireplace, gas water heater, & gas range. The spacious kitchen is designed for both everyday living & entertaining, featuring a center island, granite countertops, rich oak cabinetry, a pantry, and newer appliances. The private primary suite offers a relaxing retreat w/ dual vanities in the ensuite bath. An oversized laundry room includes a deep utility sink and abundant wall-to-wall cabinetry, providing exceptional storage and convenience. Step outside to the fully fenced backyard—perfect for entertaining, gardening, or creating your own outdoor oasis. There's plenty of room for pets to play, space to add a gazebo, or simply relax with your morning coffee or evening tea. A storage shed adds even more functionality. Ideally located just minutes from NAS Whidbey, this home is within walking distance to Hillcrest Elementary& Oak Harbor High School. You'll also enjoy being just minutes from the beach, where you can take in Whidbey Island's spectacular sunsets. Best of all, all appliances stay, making this truly a turnkey home ready for its next owner. Don't miss this opportunity—schedule your showing today and make this beautiful Redwing home your new address!

1382 NW Kathleen Drive, Oak Harbor

Listing courtesy of Coldwell Banker 360 Team.

$599,500
3 Beds ⋅ 2 Baths ⋅ 2563403 MLS ⋅ ACTIVE Status
Welcome to 1 of the best Remodeled 1 story homes on Camano Island. Just steps away from the Private Saltwater Beach Community on Lovely Camano Island. hard to find private BOAT LAUNCH included in EXCLUSIVE members only keyed access to 9 acre park with about 1500 +/- low bank waterfront at the bottom of this bluff, picnic tables, camping, games, birdwatching and BBQ. This no stairs home features generous 3 bedrooms and full bath with tub and private primary 3/4 bathroom with new shower. Don’t miss the state-of-the-art culinary setup that's equipped with a large island and a range of special features, high end appliances, accessories that make cooking gourmet, exotic, and specialty foods from scratch in your gourmet kitchen, Oversize island, all new water resistant flooring, fresh paint in and out that's very modern and chic, NEW ROOF will save you thousands immediately , attached 2 car garage, fun clean Hot Tub, front yard highlights a putting green, 19' dog run, Open, bright and spacious floor plan makes living here a dream, Enjoy no stairs in this head to toe remodel from 2025, Make sure to visit the campfire area and crabbing, wildlife galore to explore. Please note this beach is available all year long access. Onamac is perfect for whale watching from the shore as a added bonus, This is a great chance to enjoy the Waterfront community for years to come. There is still space to build additional buildings on the large side yard and room for every RV or toys imaginable

749 Commodore Lane, Camano Island

Listing courtesy of Michael J Real Estate LLC.

$715,500
4 Beds ⋅ 2 Baths ⋅ 2563323 MLS ⋅ ACTIVE Status
2.5 Acre - Equestrian & Mini-Farm on Camano Island – No Ferry Needed! The bright, open-concept 4 bedroom, 2 bath home features extensive upgrades, including a brand-new roof with a transferable warranty, fresh paint, new water heater, new washing machine, and a sleek kitchen updated with new counters & stainless steel appliances. The luxurious primary bedroom serves as a private retreat, complete with a spacious ensuite bath & French doors that open directly to your backyard oasis. Animal lovers will appreciate the fenced & cross-fenced level pastures, arena, pole barn, 3 run-in horse stalls, hay storage shed, and round pen. Aviary, chicken coop, and two additional storage sheds. The grounds are an absolute gardener's delight, boasting established perennial flower beds, a pond, towering cedars, and a robust harvest featuring a variety of fruit trees, grape vines, thriving blueberries, strawberries, gooseberries, a variety of potatoes, and asparagus. Additional features include a deep-set home foundation for enhanced structural quality, a convenient circular driveway, RV parking equipped with power & sewer hookups. Plenty of space & possibilities for an ADU, multi-generational living, guest house, shop, extra income...or? Minutes away from State Parks, multiple beaches & trails! Enjoy a perfect blend of private, quiet island living, a friendly neighborhood vibe, and all that Camano has to offer. Everything is ready & waiting - bring your horses, your dreams, and enjoy!

472 Iris Lane, Camano Island

Listing courtesy of North48 Real Estate.

$509,000
3 Beds ⋅ 3 Baths ⋅ 2558917 MLS ⋅ ACTIVE Status
Set in a private yet centrally located pocket of town—custom, nearly-new construction at 1,738 square feet. The living room pairs LVP floors & oversized picture windows with a seamless transition to the dining space—a layout that works for quiet weeknight dinners as easily as it does for hosting a crowd.The open kitchen has polished quartz counters, custom cabinetry, entertaining island/breakfast bar, & walk-in-pantry. An efficient heat-pump (offering year-round comfort), low-maintenance fenced yard/sunny patio, plus nominal monthly dues to cover landscaping, community park/play area & more--providing the lifestyle perks without the weekend work! Minutes from schools, stores & base, yet still your own quiet escape. More? The seller is offering a $15,000 credit toward closing costs or a rate buy-down—a lower payment from day one. The hard part is already done—come see the rest...!

360 SW Ballast Way, Oak Harbor

Listing courtesy of Windermere Whidbey Island.

$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.

$530,000
4 Beds ⋅ 3 Baths ⋅ 2562101 MLS ⋅ ACTIVE Status
Spacious 4-bedroom, 3-bath split-level home on a desirable corner lot with beautiful views of Oak Harbor and the bay. Updated kitchen cabinetry w/ mobile island & covered deck off the dining room make everyday living & entertaining a breeze. Fully fenced for privacy with direct access to community greenbelt just beyond the backyard, the lot offers plentiful garden spaces & abundant storage. The lower level features a 3/4 bath, additional living space & bedroom—ideal for multigenerational living/guest quarters or added rental income. This property offers incredible potential to customize and make it your own in a sought-after location with scenic surroundings. Centrally located near shops, schools, restaurants & NAS Whidbey.

1127 SW Fairhaven Drive, Oak Harbor

Listing courtesy of Better Homes&Gardens McKenzie.

$599,950
3 Beds ⋅ 2 Baths ⋅ 2561895 MLS ⋅ ACTIVE Status
Beautifully maintained home on just shy of 3 park-like acres with room for RVs, boats, and all your toys! Property may be suitable for horses (buyer to verify). Features include two outbuildings, a fenced dog run, circular driveway with two entrances, a durable metal roof, fresh interior and exterior paint, and a peaceful country setting. The home offers nearly 2,000 sq. ft., 3 bedrooms, a den, and 2 baths. Bright family room features vaulted tongue-and-groove wood ceilings, skylight, built-ins, pellet stove, and an oversized slider to the patio. Formal dining room with slider opens to the expansive entertainment-sized deck, perfect for gatherings. Cozy living room includes a bay window, built-in wood hutch, and real fireplace. Spacious kitchen offers stainless steel appliances, abundant cabinet space, and plenty of workspace. Primary suite features a slider to the backyard and a beautifully remodeled bath with custom tile, dual shower heads, built-in bench, and quartz countertop. Attached approximately 500 sq. ft. 2-car garage provides plenty of space for parking, storage, or hobbies. Slate entry welcomes you inside. One-of-a-kind handcrafted Peacock front door was created by a renowned German artisan using an 11th-century medieval stained-glass technique. Enjoy the mature landscaping, charming trellis leading to a secluded fire pit, and the tranquility of this exceptional property, offering the perfect balance of privacy, charm, and everyday comfort.

1445 Arnold Road, Oak Harbor

Listing courtesy of Infinity Properties.

$549,500
2 Beds ⋅ 2 Baths ⋅ 2562791 MLS ⋅ ACTIVE Status
Discover this like-new, turn-key 2-bedroom home plus a versatile bonus room—perfect as a 3rd bedroom, home office, or playroom. The open-concept layout flows seamlessly through spacious living, dining &kitchen areas, all under vaulted ceilings that flood the space with natural light. Enjoy effortless indoor-outdoor living with a deck off the dining room leading to a private backyard on a generous half-acre corner lot. The home features an attached garage, covered front porch, whole-house generator wiring & highly efficient heating/cooling systems. Ideally located near shops, schools, restaurants, golf courses, beautiful beaches, and NAS Whidbey Island—this move-in-ready gem offers comfort, convenience, and easy living at its finest.

1415 Highland Drive, Oak Harbor

Listing courtesy of Better Homes&Gardens McKenzie.

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