Listing Agency: Compass e***@compass.com Show Phone

Listed By: Emily Bishop · License #22005383 Show Phone

Source: Compass

Added: Oct 3, 2025 Changed: Aug 8 Last Checked: Jul 16 at 7:52AM

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Investment Insights

Based on property information with market context.

This property presents a unique opportunity to own an oversized high bank waterfront property on Whidbey Island. The location offers views of the Puget Sound and Olympic Mountains, with sunsets. The nature filled property has potential to create an Island Paradise. The property can be used as a single estate or divided into smaller 5 acre lots. The property is located with easy access to the Whidbey Island Clinton Ferry Terminal.

Key Highlights

• Oversized high bank waterfront property on Whidbey Island.
• Enjoy panoramic views of the Puget Sound and Olympic Mountains.
• Potential for dividing into smaller 5 acre lots.

Property Analytics

Property Profile

Current Use

Waterfront Land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Explore this area Business Placement

Demographics for 98249, WA

5,056

Population

3,283

Households

1.5

Avg Household Size

60

Median Age

46%

College-Educated

95%

High-School Grad

15.9 sq mi

ZIP Area

318

Density / Sq Mi

$99,583

Median Household Income

$53,261

Median Earnings

$1,648

Median Rent

$585,700

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this waterfront land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Waterfront Land - Oversized high bank waterfront property with panoramic views.

Where is this waterfront land located?

The property is located at 4530 South Smugglers Cove Road Freeland, WA.

What is the asking price?

The asking price for this property is $2,850,000.

What are key features of this property?

This property features: Oversized high bank waterfront property on Whidbey Island.; Enjoy panoramic views of the Puget Sound and Olympic Mountains.; Potential for dividing into smaller 5 acre lots.