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507 Race Road, 
Coupeville, WA 98239

$2,395,000

3

Beds

3

Baths

2,606

Sq Ft

Single Family

Active

Listed by

Alex Thomas

, 

Kristopher Lee

Realogics Sotheby'S Int'L Rlty

Last updated:

August 14, 2026, 11:21 AM

MLS#

2549084

Source:

NWMLS

About This Home

507 Race Road

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.

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 2006

Subdivision & Development:

Race Lagoon

Price Summary

2,395,000

$919 per Sq. Ft.

MLS #:

2549084

Last Updated:

August 14, 2026, 11:21 AM

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

2,606 Sq. Ft.

Structure

Structure

Architectural Style:

Contemporary

Building Area:

2,606 Sq. Ft.

Year Built:

2006

Lot

Lot Size (Sq. Ft):

106,286

Finances & Disclosures

Finances

Price:

$2,395,000

Price per Sq. Ft:

$919 per Sq. Ft.

MLS Logo
Listings courtesy of Northwest MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of August 15, 2026. 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. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright © 2026 MLS GRID. All Rights Reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.