Listed by Dana Hezel • Windermere RE/South Whidbey. Bought with Realty One Group Orca.
Sold on Jun 2026
$649,000
2
bd
•
1 ba
•
1,108
sq ft
397 Lagoon Point Rd, Greenbank, WA 98253
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About this home
Set on nearly 5 private acres in the sought-after 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, usable land, the setting feels peaceful and secluded while still connecting you to the relaxed island lifestyle. The thoughtfully updated 2-bedroom, 1-bath main home is warm and welcoming, featuring a refreshed bathroom and improvements that enhance everyday comfort. Its updated, functional layout makes it easy to move right in, while still offering room to personalize over time. A detached studio with a ¾ bath expands the possibilities and is ideal for guests, multigenerational living, creative space, or potential rental income. Additional structures include a large detached garage and shop, covered storage areas, and multiple outbuildings that support hobbies, projects, and flexible island living. Outdoors, the property offers a beautiful balance of sunny clearings and established trees, along with a fenced garden area that invites you to grow, gather, and enjoy the land. Whether envisioned as a full-time residence, weekend retreat, or hobby property, this is a rare opportunity to enjoy acreage living in one of Whidbey’s most peaceful coastal settings.
Est. $2,167 per month, based on comparable rentals
Sale and tax history for 397 Lagoon Point Rd
Sale History
Tax History
Date
Event
Price
Jun 23, 2026
Sold (MLS) (Closed)
NWMLS as Distributed by MLS Grid #2500517
$649,000
$586/sq ft
May 19, 2026
Pending
NWMLS as Distributed by MLS Grid #2500517
—
May 17, 2026
Price Changed
NWMLS as Distributed by MLS Grid #2500517
$649,000
$586/sq ft
Apr 22, 2026
Price Changed
NWMLS as Distributed by MLS Grid #2500517
$665,000
$600/sq ft
Apr 7, 2026
Listed (Active)
NWMLS as Distributed by MLS Grid #2500517
$679,000
$613/sq ft
Jun 30, 2021
Sold (MLS) (Closed)
NWMLS as Distributed by MLS Grid #1721824
$502,500
$454/sq ft
May 6, 2021
Pending
NWMLS as Distributed by MLS Grid #1721824
—
Apr 7, 2021
Pending
NWMLS as Distributed by MLS Grid #1721824
—
Mar 23, 2021
Relisted (Active)
NWMLS as Distributed by MLS Grid #1721824
—
Mar 10, 2021
Pending (Pending Inspection)
NWMLS as Distributed by MLS Grid #1721824
—
Feb 1, 2021
Listed (Active)
NWMLS as Distributed by MLS Grid #1721824
$489,000
$441/sq ft
Aug 1, 1985
Sold
Public Records
$80,000
$72/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$3,913 (+2.4%)
$350,000 + $191,453
$541,453
2025
$3,822 (−7.2%)
$350,000 + $191,453
$541,453
2024
$4,119 (+16.2%)
$340,000 + $194,139
$534,139
2023
$3,543 (−0.9%)
$320,000 + $196,827
$516,827
2022
$3,577 (+9,041.8%)
$260,000 + $180,658
$440,658
2021
$39
$230,000 + $156,497
$386,497
2020
$39
$180,000 + $153,780
$333,780
2019
$39
$220,000 + $112,499
$332,499
2018
$39 (+0.3%)
$160,000 + $113,379
$273,379
2017
$39 (−11.4%)
$160,000 + $113,379
$273,379
2016
$44 (+12.4%)
$120,000 + $114,552
$234,552
2015
$39 (+0.3%)
$125,000 + $116,897
$241,897
2014
$39
$117,855 + $116,624
$234,479
2010
$189,150 + $128,233
$317,383
2009
$143,075 + $130,304
$273,379
Public record
Public record
Zoning
Permits
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
4.85 Acres
Year renovated
1980
Sq. Ft.
1,108
Year built
1967
Style
Single Family Residential
County
Island County
APN
R23018-035-5160
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 30, 2026.
R
Rural Zone
The Rural Zone is the principal land use classification for Island County. Limitations on density and uses are designed to provide for a variety of rural lifestyles and to ensure compatible uses.
Permitted uses
Include but are not limited to:
Agriculture
Day care facility
Housing-Single unit
Bed & breakfast
Housing-Mobile home park
Timberland
Feb 25, 2022 • Final
Planning and building
HVAC
Jul 2, 2007 • Final
Planning and building
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.