Listing provided courtesy of COMPASSNWMLSMLS# NWM2496237MLS Provider
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A Turnkey investment opportunity in the heart of Coupeville, just blocks from the waterfront. **MOTIVATED SELLER! ~ Welcome to June on Whidbey Island! This wonderful property is FULLY BOOKED FOR THE SUMMER!**The iconic 1887 John & Jane Kineth House blends historic character with modern systems and a strong income track record. This unique historic property has been thoughtfully reimagined and is currently operating as a successful short-term rental, with prior use as a bed & breakfast and also as a personal residence. This property offers immediate revenue potential and a wide variety of uses. The elegant Italianate Victorian design features ornate trim, carved corbels, the original fir floors, a grand staircase, and a classic parlor with a marbleized fireplace. The updated electrical, plumbing, and systems provide modern reliability while preserving historic appeal. The flexible layout includes 6 bedrooms, 4 with private en-suite baths—ideal for guest accommodations. A spacious kitchen, a wonderful formal dining with butler’s pantry, and multiple gathering spaces both inside and out support high-occupancy use. Commercial zoning allows for continued STR operation, boutique inn, or mixed-use investment. The prime location just blocks from Coupeville’s waterfront, shops, and dining enhances year-round demand. This is truly a rare opportunity to acquire a high-performing, historically significant property.

Source: NWMLS, MLS#: NWM2496237

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Open House

See this property for yourself! Drop in on these dates, no appointment necessary.

  • Saturday
    July
    11
    1:00PM - 3:00PM PDT
  • Sunday
    July
    12
    12:00PM - 2:00PM PDT
  • Property Type
    Residential
  • Lot
    0.39 acres

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  • Median Age
    60
  • Population Density
    180
  • College Educated
    46%
  • Estimated Median Income
    $71,121
  • Estimated Total Home Owners
    2,895
  • Estimated Total Renters
    610
  • Owner / Renter Divide
    83% / 17%
  • Estimated Average Household Size
    2
  • Total Population
    7,679
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 702 N Main Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/12/2026Source: NWMLS Price Reduction
$1,495,000 -6.3%
4/29/2026Source: NWMLS Price Reduction
$1,595,000 -5.9%
3/26/2026Source: NWMLS Added to Database
March 26, 2026
6/20/2022Source: NWMLS Added to Database
June 01, 2021