There are waterfront homes, and then there are homes where you can walk out the back door, cross your own sandy beach, hop onto your own dock and go crabbing in Puget Sound.
This is very much the second kind.
An estate on Whidbey Island’s Mutiny Bay has hit the market for $8.995 million, offering the sort of waterfront setup most of us experience by renting an Airbnb for three nights and pretending we live there.
The property at 5844 Mutiny Bay Road in Freeland includes more than 7,000 square feet of finished living space between a main residence and detached carriage house.
But the house isn’t really the headline here. The backyard is Puget Sound.
158 Feet of Your Own Whidbey Island Beach
The property comes with approximately 158 feet of private, no-bank sandy beach along Mutiny Bay, according to the listing.
And because apparently the beach wasn’t sufficient, there’s a private dock, too.
The listing pitches the setup for paddleboarding, kayaking, fishing and crabbing, all without having to pack up the Subaru and drive anywhere first.
Beyond the water are views across Puget Sound toward the Olympic Mountains.
The property itself covers about 1.05 acres according to public records, with the listing describing gated, landscaped grounds surrounding the main house and carriage house.
It’s secluded. It’s fenced. It’s gated.
Basically, if you’ve ever looked out your kitchen window at your neighbor’s garbage cans and thought, “I’d prefer an Olympic Mountain panorama,” we have found the solution.
Unfortunately, it costs $8,995,000.
The House Isn’t Exactly Slumming It, Either
The waterfront may steal the show, but we’re still talking about a house approaching the $9 million mark.
Built in 2012, the estate includes more than 7,000 square feet of finished space across its buildings.
Public records list four bedrooms and roughly 6.5 bathrooms across the property.
Inside, the feature list includes hardwood, stone, granite and ceramic tile flooring, French doors, a loft, pantry, central vacuum system and high-tech cabling.
Then there are the fireplaces.Four of them.
Three are on the main level and another is upstairs, with both gas and wood-burning fireplaces represented.
Because when your house has 7,000 square feet, apparently one fireplace simply cannot be expected to carry that kind of workload.
The kitchen equipment includes a double oven, dishwasher, microwave, refrigerator, trash compactor and tankless water heater.
And the entire estate is being offered fully furnished.
And Then You Go Outside
This is where the listing starts reading less like a house and more like a private resort.
In addition to the beach and dock, property features include an athletic court, moorage, patio, shop, outbuildings, irrigation and sprinkler systems.
There’s also a detached carriage house, giving the estate additional living space away from the main residence.
The property is connected to septic and uses electric and propane energy sources, according to listing information.
And if you’re wondering what Whidbey Island living at this level costs even after you’ve somehow located $9 million between the couch cushions, there’s another number worth considering.
Property taxes were $57,023 in 2024, according to Zillow’s public tax history.
That’s about $4,752 per month. In property taxes.
From $3 Million to Nearly $9 Million
Public records show the property last changed hands for $3 million in May 2011.
It was listed for sale on Aug. 15, 2026, for $8,995,000.
That’s nearly triple the property’s recorded 2011 sale price, although the current home was built in 2012, meaning a simple comparison between the two figures doesn’t tell the whole story.
The current asking price works out to roughly $1,284 per square foot when calculated using the property’s 7,004 total finished square feet.
And while $8.995 million is a formidable number even by Puget Sound real estate standards, this isn’t the only multimillion-dollar property currently looking for a buyer around Freeland.
Another home currently listed in the area is asking $5.85 million.
Still, this Mutiny Bay estate has something that’s difficult to reproduce regardless of how much granite you put in the kitchen: 158 feet of private sandy Whidbey Island shoreline.
The listing describes the property as a place where an owner can paddleboard in the morning, fish and crab from the dock and watch the sunset over the bay.
We’ll add one more activity: Staring at the listing photos from a considerably less expensive house.
Check out the complete listing on Zillow.
