507 Race Road

Listed By Sotheby's RealtyNew
Listed By Sotheby's RealtyNew
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Listing provided courtesy of Realogics Sotheby's International Realty • Source: Northwest MLS
Active
$2,275,000
3 beds2,606 sqft
507 Race Rd, Coupeville, WA 98239
Est: $13,026/moGet pre-approved
Single FamilyProperty Type
2.44 acresLot Size
2006Year Built
$873/sq ftPrice per sq ft
2 carsParking Spaces
2.5% CompensationBuyer's Agent

Description

Experience 770 feet of waterfront surrounding a crystal-clear lagoon that is continuously replenished by the adjoining Saratoga Passage known for its deep-water boat traffic. Race Lagoon serves as a peaceful bird sanctuary for the White Pelican, herons, eagles, owls and more. Set on 2.4 PRIVATE, level acres, this extraordinary retreat offers breathtaking water views from nearly every room. Launch a kayak or paddleboard from your shoreline, paddle directly into the open waters of Saratoga Passage,...Experience 770 feet of waterfront surrounding a crystal-clear lagoon that is continuously replenished by the adjoining Saratoga Passage known for its deep-water boat traffic. Race Lagoon serves as a peaceful bird sanctuary for the White Pelican, herons, eagles, owls and more. Set on 2.4 PRIVATE, level acres, this extraordinary retreat offers breathtaking water views from nearly every room. Launch a kayak or paddleboard from your shoreline, paddle directly into the open waters of Saratoga Passage, and enjoy one of Whidbey Island's most desired waterfront settings. Inside, this extraordinary timber-framed home features soaring vaulted ceilings with dramatic exposed beams and walls of glass that frame the spectacular views while seamlessly connecting to a private courtyard. The main-level primary suite and great room open to an entertainer's dream, complete with a hot tub, outdoor kitchen, fire pit, and the sparkling lagoon with Mt Baker as your backdrop. Radiant-heated concrete floors and a gas fireplace provide year-round comfort. A proven luxury vacation rental, this property is one of Whidbey Island's most sought-after VRBO generating exceptional rental income thanks to its rare waterfront setting, privacy, resort-style amenities, and unforgettable guest experience.
Days on Market Listed Today
Cumulative days on Market: 89
  • Listed by: Alex Thomas 425.422.8942 • Realogics Sotheby's International Realty
  • Listed by: Kristopher Lee 425.870.4228 • Realogics Sotheby's International Realty
Last updated: 10/02/2026 03:30 PM • Source: NWMLS as distributed by MLS GRID, MLS#: 2590512

Location

Listing Courtesy of Realogics Sotheby's International Realty
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Property Information for 507 Race Road

Property Details
  • Taxes: $10,565 / year
  • MLS Type: Residential
  • County: Island County
  • Buyer's Agent Compensation: 2.5%
  • Community Name: Race Lagoon
  • School District: Coupeville
  • View: Bay, Islands, Mountains, Ocean, See Remarks, Sound, Strait
  • Number of Assigned Spaces: 2
  • Total Covered Parking: 2
  • Entry Date: 10-02-2026
  • Energy Source: Electric,Propane
  • Sewer: Septic Tank
Building Information
  • Year Built: 2006
  • Lot Size: 2.44 AC / 106,286 SF
Summary
Location and General Information
  • Style: 12 - 2 Story
  • Building Information: Built On Lot
  • Site Features: Deck, High Speed Internet, Hot Tub/Spa, Patio, Propane, RV Parking
  • Area: 812 - Central Whidbey Island
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Community Features: CCRs
  • Directions: From south Whidbey, take Hwy 525/20 to right on Race Road. Home is on the lagoon. From North Whidbey take Hwy 20 to left on Welcher, then right on Race Road.
  • Property Sub Type: RESI
  • View: Yes
  • Waterfront: Yes
  • Entry Location: Main
Taxes and HOA Information
  • Tax Year: 2026
Parking
  • Attached Garage: Yes
  • Carport: No
  • Garage: Yes
  • Parking Type: Attached Garage, Garage-Attached, RV Parking
  • Open Parking: No
  • Parking Features: Attached Garage, RV Parking
Interior and Exterior Features
Bathroom Information
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 0
  • Half Bathrooms: 1
  • Full Baths Lower: 0
  • Full Baths Main: 1
  • Full Baths Upper: 1
  • Three Quarter Baths Lower: 0
  • Three Quarter Baths Main: 0
  • Three Quarter Baths Upper: 0
  • Half Baths Lower: 0
  • Half Baths Main: 1
  • Half Baths Upper: 0
  • Full Baths Garage: 0
  • Half Baths Garage: 0
  • Three Quarter Baths Garage: 0
  • Main Level Bathrooms: 2
Bedroom Information
  • Bedrooms Main: 1
  • Bedrooms Upper: 2
  • Bedrooms Lower: 0
  • Master Bedroom Level: Main
Interior Features
  • Fireplaces Total: 1
  • Fireplaces Main: 1
  • Floor Covering: Ceramic Tile, Concrete, Carpet
  • Basement: None
  • Features: Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, French Doors, Hot Tub/Spa, Loft, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wine/Beverage Refrigerator
  • Room and Floor: Bathroom Full-Main, Great Room-Main, Primary Bedroom-Main, Kitchen With Eating Space-Main, Dining Room-Main, Bonus Room-Second, Living Room-Main, Utility Room-Main, Entry Hall-Main, Bathroom Full-Second, Bedroom-Second, Bathroom Half-Main
  • Appliances: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
  • Cooling: Yes
  • Cooling: 90%+ High Efficiency, Central Air, Radiant
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Heating: Yes
  • Heating: Radiant
  • Spa: Yes
  • FIRPTA: No
  • Water Heater Type: Propane
  • Room List: Bathroom Full, Great Room, Primary Bedroom, Kitchen With Eating Space, Dining Room, Bonus Room, Living Room, Utility Room, Entry Hall, Bedroom, Bathroom Half
  • Number Of Showers: 2
Exterior Features
  • Exterior: Cement Planked
  • Roof: Composition
  • Appliances That Stay: Dishwasher(s),Double Oven,Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • Waterfront Description: Bayfront, Canal Front, Creek, No Bank, Saltwater
Property
Utilities
  • Water Source: Community
  • Power Company: PSE
  • Sewer Company: Septic
  • Water Company: Race Lagoon
  • Power Production Type: Electric, Propane
Property and Assessments
  • New Construction YN: No
  • Senior Exemption: No
  • Zoning Jurisdiction: County
  • Foundation: Slab
  • Builder Name: Clifton View Homes
  • Level: Two
  • Lot Topography: Level
  • First Right Of Refusal: false
  • MLS Square Footage Source: Public Records
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Photos Count: 40
Lot Information
  • Lot Details: Open Space, Paved
  • Lot Size Source: Public Records
  • Waterfront Footage: Approx 770'
  • Parcel Number Free Text: R231073463910
  • Building Condition: Very Good
  • Calculated Square Footage: 2606
  • Structure Type: House
  • Square Footage Finished: 2606
  • Square Footage Unfinished: 0
  • Vegetation: Garden Space
  • Building Area Total: 2606.0
  • Building Area Units: Square Feet
  • Property Type: Residential
  • Elevation Units: Feet
  • Irrigation Water Rights: No
  • Water Access: Community Waterfront/Pvt Beach,Deeded Access
Rental
Rent Information
  • Occupant Type: Tenant
  • Land Lease: No

Property History for 507 Race Road

DateEvent & SourcePriceAppreciation
Oct 2, 2026

Listed (Active)

NWMLS #2590512

$2,275,000—
Feb 11, 2016

Sold

NWMLS #788022

$850,000—
Jan 27, 2016

Sold (Public Record)

Public Record #565186576

$850,000—
DateEvent & SourcePrice
10/02/2026

Listed (Active)

NWMLS #2590512

$2,275,000
02/11/2016

Sold

NWMLS #788022

$850,000
01/27/2016

Sold (Public Record)

Public Record #565186576

$850,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 507 Race Road

Taxable ValueLand$750,000Additions$728,324Total$1,478,324
Tax Record2025$10,538 ($878 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt2,606 SqFtAbove Ground SqFt2,606 SqFtStories1Lot Size106,286 SqFtStyleSingle Family ResidenceYear Built2006Year Renovated2006Zoning10CountyISLANDAPNR23107-346-3910

Schools near 507 Race Road

This home is within Coupeville School District.
Rating
School
Type
Grades
Distance
Coupeville Elementary School
Public - PK to 5
Coupeville Middle School
Public - 6 to 8
Coupeville High School
Public - 9 to 12
Open Den
Public - 9 to 12
Rating
School
Distance
Coupeville Elementary School
PublicPK to 5

Coupeville Middle School
Public6 to 8

Coupeville High School
Public9 to 12

Open Den
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 507 Race Road, Coupeville, WA 98239

507 Race Road is a single family home for sale in Coupeville, WA 98239. This property was listed for sale on October 2, 2026 by Realogics Sotheby's International Realty, it's currently listed at $2,275,000. It has been on the market for a total of 89 days and was last sold on February 11, 2016. This listing's school district is Coupeville School District. Nearby schools include Coupeville Elementary School, Coupeville Middle School and Coupeville High School. 507 Race Road is a 3-bed, 3-bath, 2,606 sqft single family home built in 2006.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Realogics Sotheby's International Realty

Based on information submitted to the MLS GRID as of 10/02/2026 03:30 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.