507 Race Road · Coupeville, WA 98239
Source: NWMLS · Realogics Sotheby's Int'l Rlty · Alex Thomas #NWM2549084
About this home
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.
Location
Basics
- Property type
- Single Family Residence
- Style
- Contemporary
- Stories
- 2 stories
- Condition
- Very Good
- Year built
- 2006
- Lot size
- 106,286 sq ft (2.44 acres)
- County
- Island
- MLS #
- NWM2549084
Interior
- Heating
- Radiant
- Cooling
- 90%+ High Efficiency, Central Air, Radiant
- Flooring
- Ceramic Tile, Concrete, Carpet
- Appliances
- Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer
- Fireplace
- 1 · Gas
- Interior 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
- Entry level
- Main
Exterior & lot
- Exterior features
- Cement Planked
- Roof
- Composition
- Foundation
- Slab
- Lot features
- Open Space, Paved
- Topography
- Level
- View
- Bay, Islands, Mountains, Ocean, See Remarks, Sound, Strait
- Waterfront
- Yes
Parking
- Parking spaces
- 2
- Garage
- Yes (attached)
- Covered spaces
- 2
- Parking features
- Attached Garage, RV Parking
Utilities
- Water
- Community
- Sewer
- Septic Tank
- Power
- Electric, Propane
Community & fees
- Subdivision
- Race Lagoon
- Community features
- CCRs
- Property tax
- $10,565 (2026)
Transaction
- Listed on
- Jul 5, 2026
- Days on market
- 77
- Price per sq ft
- $919
- Listing terms
- Cash, Conventional
- Possession
- Closing
More homes nearby
Sale history
Earlier listings of this home on the MLS.
- 2016-02-11
- Sold$850,000
Schools
School district: Coupeville
- Elementary
- Buyer To Verify
- Middle
- Buyer To Verify
- High
- Coupeville High SchoolSchoolDigger 4 stars · Top 27% in WA

Listing provided courtesy of: Realogics Sotheby's Int'l Rlty
Listing agent: Alex Thomas.
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 2026-07-06.