261 Madrona Street , Orcas Island, Wa 98245

WA, Orcas Island
$1,295,000
  • 2 Beds
  • 2 Bath
  • 2,454 Sqft
  • Residential Property Type
  • 1948 Year Built
  • Canceled Status
Property Description

Income opportunity in town! This charming 2 bed, 1.5 bath home offers a prime in-town location with serious income potential due to land-use designation as Village Commercial. Literally a three-minute walk to the nation’s best restaurants, galleries, bakeries, bookstore and more in the heart of town this original island home built in 1948 has been thoughtfully remodeled, has a fully fenced yard; two-car garage. Move in and enjoy all the island has to offer or take advantage of its multi-use designation by applying for a permit as bed and breakfast, hotel or fully redevelop with up to 40 units to the acre!

Source: NWMLS
Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 2278467
  • Price: $1,295,000
  • Bedrooms: 2
  • Bathrooms: 2
  • Square Footage: 2,454 Sqft
  • Year Built: 1948
  • Lot Area: 0.15 Acre
  • Status: Canceled
  • Office Name: COMPASS
  • Agent Name: Wally Gudgell
  • Full Bathrooms: 1
  • Property Sub Type: Residential
  • Roof: Composition
Features
  • Heating System Ductless HP-Mini Split
  • Cooling System None
  • Basement Finished, Daylight
  • Parking Driveway, Detached Garage
  • Exterior Features Wood
  • Fireplaces Total: 1
  • Flooring Carpet, Laminate
  • Interior Features Double Pane/Storm Window, Fireplace, Wall to Wall Carpet, Water Heater, Laminate Hardwood
  • Sewer Sewer Connected
Appliances
  • Dishwasher(s)
  • Dryer(s)
  • Refrigerator(s)
  • Stove(s)/Range(s)
  • Washer(s)
Address Map
  • Country US
  • State WA
  • County San Juan
  • City Orcas Island
  • Zipcode 98245
  • Street: Madrona
  • Street Number: 261
  • Street Suffix: Street
  • Longitude: W123° 5' 46.8''
  • Latitude: N48° 41' 46.9''
  • Direction Faces: East
  • Directions: Main Street in Eastsound to Madrona St, go north to 261.
  • Mls Area Major: 901 - Orcas, Obstruction & Crane Island
Neighborhood
  • Elementary School: Orcas Elem
  • High School: Orcas Isl High
  • High School District: Orcas Island
  • Middle School: Orcas Isl Mid
Additional Information
  • Water Source: Community
  • On Market Date: 2024-08-16
  • Lot Features: Paved, Value In Land
  • Levels: OneAndOneHalf
  • Garage: 2
  • Foundation Details: Poured Concrete
Financial
  • Tax Annual Amount: 4379
Listing Information
  • Co List Agent Full Name: Kevin Ranker
  • Co List Agent Mls Id: 141048
  • Co List Office Mls Id: 7654
  • Co List Office Name: COMPASS
  • List Agent Mls Id: 39710
  • List Office Mls Id: 7654
  • Listing Term: Cash Out,Conventional,FHA,VA Loan
  • Mls Status: Cancelled
  • Modification Timestamp: 2025-01-15T16:28:08Z
  • Originating System Name: NWMLS
  • Special Listing Conditions: None
  • Status Change Timestamp: 2025-01-15T16:25:27Z
Rene  Orona
Rene Orona SKYLINE PROPERTIES, INC.
  • +1-425-891-8162
  • rene@brokerofrealestate.com
  • 50 116TH AVE SE STE 120 Bellevue, WA 98004, United States
  • +1-425-732-9211

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