Rockhood
$2,800,000List price
Active

10 Front Street NW · Coupeville, WA 98239

Source: NWMLS · COMPASS · Emily Shepodd #NWM2548704

About this home

Positioned along one of Whidbey Island’s most iconic waterfront corridors, this rare mixed-use investment opportunity offers over 60 feet of coveted commercial frontage in the heart of historic Coupeville. The meticulously restored seven-unit property includes four street-level commercial spaces and three licensed short-term rental units, creating diversified income potential in a highly sought-after destination market. Nearly every unit captures sweeping views of Penn Cove, with front-row access to the island’s marine wildlife, boating activity, and vibrant waterfront atmosphere.Extensive capital improvements have already been completed, including new pilings, siding, and major system upgrades, allowing investors to step into a stabilized asset with strong operational history and immediate cash flow. Offered with two parcels, the property also presents future upside through expansion, redevelopment potential, or continued optimization of rental income. Located minutes from Fort Ebey, the Coupeville–Port Townsend ferry, and convenient routes to Seattle, Bellevue, and Everett, this is a rare opportunity to acquire a legacy waterfront asset in one of the Pacific Northwest’s most desirable tourism-driven markets.

Location

Basics

Property type
Multi Family
Style
5-9 Units
Stories
3 stories
Condition
Restored
Year built
1864 (renovated 2016)
Building area
6,480 sq ft
Lot size
4,791 sq ft (0.11 acres)
County
Island
MLS #
NWM2548704

Interior

Heating
Ductless, Wall Furnace
Cooling
Ductless
Flooring
Ceramic Tile, Laminate

Exterior & lot

Exterior features
Wood, Wood Products
Roof
Composition
Foundation
Pillar/Post/Pier
Lot features
Curbs, Paved, Sidewalk
View
City, Islands, Mountains, Sound, Territorial
Waterfront
Yes

Utilities

Water
Public
Sewer
Sewer Connected
Power
Electric, Propane

Community & fees

Subdivision
Coupeville
Property tax
$10,415 (2026)

Transaction

Listed on
Jul 2, 2026
Days on market
120
Listing terms
Cash, Conventional
Possession
Closing, Negotiable

More homes nearby

Schools

School district: Coupeville

Elementary
Coupeville Elem
Middle
Coupeville Mid
High
Coupeville High School
SchoolDigger 4 stars · Top 27% in WA

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Listing provided courtesy of: COMPASS

Listing agent: Emily Shepodd.

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. IDX information 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. Information is deemed reliable but not guaranteed.

Data last updated 2026-08-28.