Set on nearly 5 private acres in the desirable Lagoon Point area of Greenbank, this inviting Whidbey Island property offers a rare blend of space, versatility, and natural beauty. Surrounded by mature trees and open land, the setting provides privacy while still feeling connected to the island lifestyle. The 2-bedroom, 1-bath home has been thoughtfully updated, including a refreshed bathroom and additional improvements that enhance comfort and livability. Warm and welcoming, the home offers a functional layout with plenty of potential to make it your own. A detached studio with a ¾ bath creates flexible options for guests, multi-generational living, or possible rental use. The property also features a large detached garage and shop, additional outbuildings, covered storage, and a fenced garden area for those looking to enjoy outdoor living. With a mix of sunny open spaces and established trees, this property is well suited for a variety of uses, whether you envision a full-time residence, weekend getaway, or hobby property. A unique opportunity to enjoy acreage living in a peaceful Whidbey setting.
Active
Listed by: Windermere RE/South Whidbey
$679,000
397 Lagoon Point Road, Greenbank, WA 98253
3beds
1,508sqft
Est.:
Single Family Residence
Built in 1967
4.85 Acres Lot
$670,300 Zestimate®
$450/sqft
$-- HOA
What's special
Refreshed bathroomFunctional layoutAdditional outbuildingsThoughtfully updatedCovered storageFenced garden areaWarm and welcoming
- 5 days |
- 693 |
- 58 |
Zillow last checked: 7 hours ago
Listing updated: April 09, 2026 at 12:58pm
Listed by:
Dana Hezel,
Windermere RE/South Whidbey
Source: NWMLS as distributed by MLS GRID,MLS#: 2500517
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Primary bedroom
- Level: Main
Bathroom full
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Living room
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Ductless, Wall Furnace, Electric, Propane, Wood
Cooling
- Ductless
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s)
Features
- Flooring: Vinyl, Carpet
- Windows: Dbl Pane/Storm Window
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Wood Burning, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,108
- Total interior livable area: 1,508 sqft
Property
Parking
- Total spaces: 4
- Parking features: Detached Carport, Detached Garage, RV Parking
- Has garage: Yes
- Has carport: Yes
- Covered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Dbl Pane/Storm Window, Fireplace, Wired for Generator
- Has view: Yes
- View description: Territorial
Lot
- Size: 4.85 Acres
- Features: Cul-De-Sac, Paved, Value In Land, Fenced-Partially, High Speed Internet, Outbuildings, Patio, Propane, RV Parking, Shop
- Topography: Level
- Residential vegetation: Brush, Fruit Trees, Garden Space, Pasture, Wooded
Details
- Additional structures: ADU Beds: 1, ADU Baths: 1
- Parcel number: R230180355160
- Special conditions: Standard
- Other equipment: Wired for Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subtype: Single Family Residence
Materials
- Cement/Concrete, Wood Siding
- Foundation: Poured Concrete, Slab
- Roof: Composition
Condition
- Very Good
- Year built: 1967
- Major remodel year: 1980
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank
- Water: Private, Company: Private Well
- Utilities for property: Whidbey Telecom
Community & HOA
Community
- Subdivision: Lagoon Point
Location
- Region: Greenbank
Financial & listing details
- Price per square foot: $450/sqft
- Tax assessed value: $534,139
- Annual tax amount: $3,913
- Date on market: 4/6/2026
- Cumulative days on market: 7 days
- Listing terms: Conventional,FHA,USDA Loan,VA Loan
- Inclusions: Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$670,300
$637,000 - $704,000
$2,389/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Listed for sale | $679,000+35.1%$450/sqft |
Source:  NWMLS as distributed by MLS GRID #2500517 Report a problem | ||
| 6/30/2021 | Sold | $502,500+2.8%$333/sqft |
Source: NWMLS as distributed by MLS GRID #1721824 Report a problem | ||
| 4/7/2021 | Pending sale | $489,000$324/sqft |
Source: NWMLS as distributed by MLS GRID #1721824 Report a problem | ||
| 3/23/2021 | Listed for sale | $489,000$324/sqft |
Source: NWMLS as distributed by MLS GRID #1721824 Report a problem | ||
| 3/10/2021 | Pending sale | $489,000$324/sqft |
Source: NWMLS as distributed by MLS GRID #1721824 Report a problem | ||
| 2/1/2021 | Listed for sale | $489,000$324/sqft |
Source: NWMLS as distributed by MLS GRID #1721824 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,822 -7.2% | $534,139 +3.3% |
| 2023 | $4,119 +16.2% | $516,827 +17.3% |
| 2022 | $3,543 -0.9% | $440,658 +14% |
| 2021 | $3,577 +9041.8% | $386,497 +15.8% |
| 2020 | $39 | $333,780 +0.4% |
| 2019 | -- | $332,499 +17.6% |
| 2018 | $39 | $282,793 +3.4% |
| 2017 | $39 | $273,379 +16.6% |
| 2016 | $39 -11.8% | $234,552 -4.5% |
| 2015 | $44 | $245,724 +4.8% |
| 2013 | -- | $234,479 |
| 2012 | -- | -- |
| 2010 | -- | -- |
| 2009 | -- | $317,383 +16.1% |
| 2008 | -- | $273,379 +3.9% |
| 2007 | -- | $263,010 +23.1% |
| 2006 | -- | $213,592 +23.7% |
| 2005 | -- | $172,626 |
Find assessor info on the county website
Monthly payment
Est. payment
$3,671/mo
Principal & interest
$3309
Property taxes
$362
More affordability tools
Climate risks
Neighborhood: 98253
Nearby schools
GreatSchools rating
- 6/10Coupeville Elementary SchoolGrades: PK-5Distance: 10 mi
- 7/10Coupeville Middle SchoolGrades: 6-8Distance: 9.7 mi
- 6/10Coupeville High SchoolGrades: 9-12Distance: 9.7 mi
Schools provided by the listing agent
- Elementary: Coupeville Elem
- Middle: Coupeville Mid
- High: Coupeville High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 98253
- Washington
- Island County
- Greenbank
- 98253
- 397 Lagoon Point Road
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