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1114 B Avenue, Anacortes, WA, 98221

8beds
12baths
11,085sqft
$8,900,000
$803price/sqft
$52,937/moest. monthly cost
$2,117,480/yrincome needed

About This Home

This gated destination waterfront retreat provides an irreplaceable setting to create lifelong cherished memories. Created as a 2-acre multi-generational haven, this iconic estate includes an exceptional stately manor with an elevator, a charming guest cottage, and caretaker’s quarters or second guest home. Inspired by its coastal setting and approx. 230’ waterside, every detail reflects timeless design, tailored craftsmanship, curated finishes, and uncompromising quality. Expansive windows frame panoramic views across the active Guemes Channel with ferries, yachts, and commercial boats. The main residence has multiple private suites, theater, game room, crows’ nest, casual and elegant gathering spaces, and seamless indoor-outdoor living creating an environment designed for grand entertaining or quiet relaxation. Meticulously maintained and continually enhanced, the estate features professionally designed landscaping with an ever-changing portrait of brilliant colors, a new professional pickleball court, and a large hot tub with an electric roof. From unforgettable sunsets to the rhythm of passing marine traffic, every element has been carefully considered to create an effortless, exceptional lifestyle. A waterfront compound of this scale, quality, and amenities within city conveniences is irreplaceable. Located just 60 miles from Seattle, this legacy property offers the rare distinction of drive-to island living, seclusion, yet restaurants and shopping just a mile away.

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

8/10
6/10
Anacortes Middle SchoolGrades 6-81.0 mi
9/10
Anacortes High SchoolGrades 9-120.7 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 2011

Materials

  • Foundation: Poured Concrete
  • Roof: Composition,Metal
  • Construction materials: Stone,Wood Siding

Notable Dates

  • Major remodel year: 2018

Type & Style

  • Home type: SingleFamily
  • Architectural style: Craftsman,Multi Level
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Double Oven,Dryer,Microwave,Refrigerator,See Remarks,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s),Water Heater: Boiler - gas,Water Heater Location: Boiler room

Basement

  • Basement: None

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 12
  • Full bathrooms: 8
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 3
  • Main level bathrooms: 4
  • Main level bedrooms: 1

Bonus Room

  • Level: Main

Den Office

  • Level: Second

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Bath Off Primary,Central Vacuum,Ceiling Fan(s),Dining Room,High Tech Cabling,Pantry
  • Door features: French Doors
  • Window features: Dbl Pane/Storm Window,Skylight(s)
  • Flooring: Ceramic Tile,Hardwood,Carpet
  • Number of fireplaces: 7
  • Fireplace features: Gas,Main Level: 2,Upper Level: 5,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Radiant,Electric,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 8,712
  • Total interior livable area: 11,085 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Second

Other

  • Level: Third

Other

  • Level: Main

Other

  • Level: Main

Other

  • Level: Third

Rec Room

  • Level: Main

Rec Room

  • Level: Third

Utility Room

  • Level: Main

Property

Details

  • Parcel number: P31488
  • Zoning description: Jurisdiction: City
  • Special condition: Standard
  • Other equipment: Leased Equipment: no

Features

  • Levels: Multi/Split
  • Entry location: Main
  • Patio & porch: Bath Off Primary,Built-In Vacuum,Ceiling Fan(s),Dbl Pane/Storm Window,Dining Room,Elevator,Fireplace,Fireplace (Primary Bedroom),French Doors,High Tech Cabling,Jetted Tub,Pantry,Security System,Skylight(s),SMART Wired,Sprinkler System,Walk-In Closet(s),Water Heater,Wet Bar,Wine/Beverage Refrigerator
  • Spa features: Bath
  • Has view: Yes
  • View description: Islands,Mountain(s),Ocean,Sound,Strait,Territorial
  • Has water view: Yes
  • Water view: Ocean,Sound,Strait
  • On waterfront: Yes
  • Waterfront features: Medium Bank,Ocean Front,Saltwater,Sound,Strait
  • Topography of land: Level

Lot

  • Lot size: 2.08 Acres
  • Features: Curbs,Paved,Gas Available
  • Lot size dimensions: see map

Parking

  • Total spaces: 4
  • Parking features: Attached Carport,Driveway,Detached Garage
  • Has garage: Yes
  • Covered spaces: 4
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake

FEMA Declared Disasters in Skagit County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $45,003$540,036
Home Insurance *$1,770$21,240
Property Taxes $5,406$64,872
Electricity $758$9,098
Total$52,937$635,244
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,814,982/yr
40% on housing$1,588,110/yr
45% on housing$1,411,653/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.1%
11.1%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 4.3%
4.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$803This listing

vs Other Active Listings

Avg $/sqft

ZIP 98221$373
Skagit County$274

vs Homes Sold Last Month

Median $/sqft

ZIP 98221$384
Skagit County$330

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-22Listed for sale$8,900,000
2024-06-27Sold$6,750,000
2024-05-20Pending sale$6,800,000
2024-03-28Listed for sale$6,800,000

For Sale by Agent

AgentTabata Ileana Perron
BrokerageCOMPASS

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