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3701 Portage Lane, Anacortes, WA, 98221

3beds
2baths
1,317sqft
$499,000
$379price/sqft
$3,085/moest. monthly cost
$123,400/yrincome needed

About This Home

Welcome to sunny Anacortes and easy living at Mariners Ridge Villas. Spend less time on maintenance and more time enjoying everything this vibrant waterfront community has to offer—from hiking and biking the nearby forest lands trails to exploring downtown shops, restaurants, marinas, and island adventures.This well-designed one-level condo offers 3 bedrooms, 1.75 baths, and 1,317 square feet of comfortable living space. Enjoy beautiful Mount Baker, sound, and sunrise views from both the primary suite and guest bedroom. The primary suite features a walk-in closet, double vanity and a walk-in shower, while the third bedroom offers flexible space for guests, a home office, or hobbies. Vaulted ceilings and a cozy gas fireplace create an inviting great room, while the kitchen features granite countertops, maple shaker cabinetry, and two-tone stainless appliances. Brand-new carpet and wood flooring add a fresh feel throughout. A spacious laundry room with pantry-style shelving adds everyday convenience. An attached one-car garage, additional parking space and covered front patio complete this low maintenance package. Conveniently located near downtown Anacortes, the Anacortes Community Forest Lands trails, and the San Juan ferry terminal. HOA covers all exterior maintenance, landscape and garbage.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

7/10
6/10
Anacortes Middle SchoolGrades 6-81.0 mi
9/10
Anacortes High SchoolGrades 9-121.1 mi

Construction

Condition

  • Year built: 2006

Materials

  • Roof: Composition
  • Construction materials: Cement/Concrete,Metal/Vinyl,Wood Siding

Type & Style

  • Home type: Condo
  • Architectural style: Condo (1 Level)
  • Property subType: Condominium

Interior

Appliances

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

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Main

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Window features: Insulated Windows,Coverings: Yes
  • Flooring: Hardwood,Vinyl,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Gas,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,90%+ High Efficiency,Forced Air,Electric,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,317
  • Total interior livable area: 1,317 sqft

Kitchen Without Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Utility Room

  • Level: Main

Property

Details

  • Parcel number: P123823
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Cooking-Electric,Dryer-Electric,Fireplace,Ground Floor,Insulated Windows,Primary Bathroom,Vaulted Ceiling(s),Walk-In Closet(s),Washer
  • Has view: Yes
  • View description: Bay,City,Mountain(s),Sound
  • Has water view: Yes
  • Water view: Bay,Sound

Lot

  • Lot size: 2,178 sqft
  • Features: Dead End Street,Paved

Parking

  • Total spaces: 2
  • Parking features: Individual Garage
  • Has garage: Yes
  • Covered spaces: 1
  • Uncovered spaces: 1

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 $2,523$30,276
Home Insurance *$99$1,188
Property Taxes $314$3,768
Electricity $149$1,793
Total$3,085$37,020
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$105,771/yr
40% on housing$92,550/yr
45% on housing$82,266/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

$379This listing

vs Other Active Listings

Avg $/sqft

ZIP 98221$384
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
2026-07-17Price change$499,000
2026-06-11Listed for sale$515,000
2024-05-09Listing removed--
2024-05-04Listed for rent$2,250
2006-02-27Sold$297,752

For Sale by Agent

AgentMelanie Foley
BrokerageKeller Williams Western Realty

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