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4940 Channel Marker Terrace #4, Anacortes, WA, 98221

3beds
3baths
2,190sqft
$898,500
$410price/sqft
$5,431/moest. monthly cost
$217,240/yrincome needed

About This Home

Luxury designed villa in desirable Anacortes Portalis neighborhood. 3 Bedroom—2 1/2 Bath—2190 sq ft Primary bedroom with walk-in closet and full bath. Secluded end unit for privacy. Kitchen with Eating Space, Stainless appliances, & Granite Counters. Lower level has two bedrooms and living area with separate entrance. Views of Marina landscape and waterfall. Gas Fireplace 2 Car Garage Short walk to Ship Harbor Beach, Guemes Trail and San Juan Ferries.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

6/10
6/10
Anacortes Middle SchoolGrades 6-82.5 mi
9/10
Anacortes High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 2018

Materials

  • Roof: Composition
  • Construction materials: Wood Products

Notable Dates

  • Major remodel year: 2018

Type & Style

  • Home type: Condo
  • Architectural style: Condo (2 Levels)
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Garbage Disposal,Microwave(s),Refrigerator(s),Washer(s),Water Heater: gas,Water Heater Location: gar,Cooking-Gas,Dryer-Electric
  • Laundry features: Electric Dryer Hookup

Bathroom Full

  • Level: Lower

Bathroom Full

  • Level: Main

Bedroom

  • Level: Lower

Bedroom

  • Level: Lower

Bedrooms & Bathrooms

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

Bonus Room

  • Level: Lower

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Window features: Insulated Windows,Coverings: incl
  • Flooring: Carpet
  • Fireplace features: Gas

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Forced Air

Interior Area

  • Total interior livable area: 2,190 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Other

  • Level: Main

Other

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: P134468
  • Special condition: Standard
  • Other equipment: Leased Equipment: none

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Patio & porch: Cooking-Gas,Dryer-Electric,Insulated Windows,Walk-In Closet(s),Water Heater

Lot

  • Features: Dead End Street,Paved,Secluded

Parking

  • Total spaces: 4
  • Parking features: Individual Garage
  • Has garage: Yes
  • Covered spaces: 2
  • Uncovered spaces: 2

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

  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

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 $4,543$54,516
Home Insurance *$178$2,136
Property Taxes $561$6,732
Electricity $149$1,797
Total$5,431$65,172
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$186,205/yr
40% on housing$162,930/yr
45% on housing$144,826/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

$410This listing

vs Other Active Listings

Avg $/sqft

ZIP 98221$381
Skagit County$276

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
2026-05-10Price change$925,000
2026-03-19Price change$945,000
2026-02-17Listed for sale$975,000
2024-05-24Sold$895,000
2024-05-11Pending sale$895,000
2024-05-09Listed for sale$895,000

For Sale by Agent

AgentTom C. Hopper
BrokerageCENTURY 21 Real Estate Center

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