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$625,000
2549384 MLS ⋅ ACTIVE Status
Prime mixed-use investment opportunity in Oak Harbor’s commercial business district. Property includes 2 commercial spaces on the ground floor with strong visibility & tenant appeal. Upper level features a partially completed condo conversion, offering value-add potential for multiple residential units up to 4 stories, live/work space, or expanded commercial use. Flexible zoning supports multiple income strategies. Upgraded fire system & large on-site parking lot with & existing drainage system already in place—reducing development costs & timelines. Conveniently located near shops, public transportation & parks, enhancing long-term desirability for tenants & owners alike. Ideal for investors seeking current income with future upside.

1131 SE Ely Street, Oak Harbor

Listing courtesy of Better Homes&Gardens McKenzie.

$395,000
2 Beds ⋅ 2 Baths ⋅ 2528711 MLS ⋅ ACTIVE Status
Welcome to island life and living at the lake! Tucked into a desirable lakeside community, this rambler is full of potential and ready for its next chapter. Set on a spacious lot (0.63 acre)with mature landscaping, this fixer opportunity offers the perfect canvas for investors or buyers looking to build sweat equity. The functional layout features generous living spaces and endless possibilities to reimagine and update to your style. Enjoy the charm and tranquility of lakeside living with nearby water access, clubhouse, park, fishing and community amenities just moments away. Whether you're dreaming of a modern renovation or a cozy retreat, this property is your chance to create something special in a beautiful location. RV/boat parking and room for the pets and toys! Opportunity knocks—bring your HGTV vision and make it your own!

1578 Poplar Lane, Camano Island

Listing courtesy of Best Choice Network LLC.

$750,000
3 Beds ⋅ 2 Baths ⋅ 2527611 MLS ⋅ ACTIVE Status
[SUNSETS + SALTWATER] The ultimate Camano Island beach house awaits. Situated on the northern end of the Rockaway Beach community along Camano’s coveted northwest sunny shore, this rare no-bank/low-bank waterfront retreat offers 108' of private waterfront with tidelands, bulkhead, and beach patio. Take in unobstructed views of Saratoga Passage, the Olympic Mountains, breathtaking western sunsets, and ever-changing whale and boat traffic. This 3-bedroom, 1.75-bath mid-century home is ready for restoration and your personal vision. Spend your days crabbing, fishing, and shrimping right outside your door and your evenings taking in unforgettable sunsets. First time on the market in 30 years. This is a rare opportunity to create lasting memories on one of Camano Island’s most sought-after shorelines. HOA covers water service and road maintenance. Community overflow parking available.

1085 Rockaway Lane, Camano Island

Listing courtesy of Windermere RE North, Inc..

$279,000
3 Beds ⋅ 2 Baths ⋅ 2522869 MLS ⋅ ACTIVE Status
Great little 3 bedroom, 1.75 bath starter home or investment property located in the Sierra Community. This home is conveniently located between the historic waterfront town of Coupeville, and the City of Oak Harbor with all its amenities. Sierra Country Club amenities include a pool, playground and clubhouse. Community beach access available, or head to nearby Fort Ebey State Park to enjoy the beaches and trails.

760 El Pozo Street, Coupeville

Listing courtesy of First Carriage House Realty.

$925,000
2515447 MLS ⋅ ACTIVE Status
A rare investment opportunity on South Whidbey--this fully occupied 4-plex offers immediate cash flow and long-term upside in one of the areas most convenient locations. Just minutes from the Clinton Ferry and steps from the bus line, the property attracts commuters and locals alike, keeping demand strong year-round. All four units are leased to reliable tenants and professionally managed by Windermere Property Management (management fees not included in current expenses). Rents are currently below market, leaving meaningful room for growth as a new owner brings units to market rate over time. Set on a generous 1.15 acres, the property offers ample parking and yard space for tenants to enjoy. The large grassy area adjacent to the parking serves as the drainfield, with additional offsite drainfield capacity supporting the commercial building across the street. Whether you're expanding a portfolio or stepping into your first multi-family investment, this is a turnkey property with stable income, built-in upside, and a location that consistently performs.

6305 Bob Galbreath Road, Clinton

Listing courtesy of Windermere RE/South Whidbey.

$708,000
2 Beds ⋅ 2 Baths ⋅ 2509282 MLS ⋅ ACTIVE Status
Exceptional waterfront opportunity on Camano Island offering 50’ of prime shoreline and incredible potential to create a custom coastal retreat. Tucked in a peaceful, sought-after setting, this 2-bedroom, 2-bath home provides a rare chance to invest in one of the island’s most desirable locations. Enjoy private beach access just across the street, complete with dedicated stairs leading to the shoreline; perfect for crabbing, kayaking, boating, and taking in the beauty of island living. The existing home offers a solid footprint for renovation, expansion, or reimagining to suit your vision. Surrounded by natural beauty and established homes, this property presents both immediate enjoyment and long-term upside. An ideal setting to create a one-of-a-kind waterfront retreat in a truly special location. Buyer to verify all information to their satisfaction.

634 Lehman Drive, Camano Island

Listing courtesy of Windermere Real Estate/CIR.

$580,000
3 Beds ⋅ 2 Baths ⋅ 2497810 MLS ⋅ ACTIVE Status
Set on a spacious property in Oak Harbor, this home offers the ideal blend of privacy, functionality, and peace of mind, with extensive system upgrades already completed—saving future owners both time and expense. This home has undergone significant improvements, with many of the most critical and costly systems already replaced. Recent upgrades include a brand new electrical panel for enhanced safety and efficiency, a fully updated well water system featuring a new pump, pressure tank, and filtration system, a new water heater, and a new main water line. These major improvements provide long-term reliability and confidence for future ownership. Inside, the home continues to show thoughtful updates and ongoing maintenance. The primary bathroom has been refreshed with new flooring, and the interior reflects consistent care throughout, creating a comfortable and move-in ready environment. With key infrastructure already addressed, this property stands out as a turnkey opportunity—ideal for buyers seeking value, reduced maintenance concerns, and a home ready to enjoy from day one. Easy access to NAS Whidbey, Minutes to beaches, parks, and outdoor recreation. Room for RV/boat parking on 4.78 acres.

4540 Monkey Hill Road, Oak Harbor

Listing courtesy of Lapis Homes.

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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