All homes

$1,800,000

Reduced $65,000 — was $1,865,000

806 Alexander Street

Coupeville, WA 98239

Active
Bay viewMountains viewPartial viewSee Remarks view

Beds

4

Baths

5

Sq Ft

3,658

Lot

0.38 ac

Year built

2005

Type

Residential

Days listed

64

MLS #

2514942

About this home

Unlock unparalleled potential with this 4BD/5BA historic Coupeville gem. Zoned for commercial use and beautifully remodeled, this property is a functional powerhouse featuring three distinct living spaces: a main home, a guest wing, and a detached ADU. Whether you envision a high-end boutique inn, a live-work flagship, or a lucrative short-term rental portfolio, the flexible layout and prime location deliver. Complete with a greenhouse, sauna & cold plunge, and stunning views, it offers the rare ability to generate significant income without sacrificing the beauty of island living. This could also be considered for multigenerational living or...thinking outside the box for communal aging in place! Here is also unmatched privacy in the downtown Coupeville location. Walk to all this seaside town within a radius of 1/2 mile: events, restaurants, bakery, post office, boat launch, public beach and park, as well as the library!

Interior features

Second KitchenSecond Primary BedroomBath Off PrimaryCeiling Fan(s)Dbl Pane/Storm WindowDining RoomFireplaceFrench DoorsHigh Tech CablingSaunaSecurity SystemSprinkler SystemVaulted Ceiling(s)Walk-In Closet(s)

Exterior features

Wood

Appliances

DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Schools

Elementary

Buyer To Verify

Middle

Buyer To Verify

High

Buyer To Verify

Property details

Heating
Ductless, Radiant, Stove/Free Standing
Cooling
Ductless
Flooring
Ceramic Tile, Engineered Hardwood, Vinyl, Carpet
Parking
Detached Garage, Off Street
View
Bay, Mountains, Partial, See Remarks
Lot
Corner Lot, Paved, Sidewalk
Water source
Public
Sewer
Sewer Connected
Style
Traditional
Levels
Two
Fireplaces
1

Costs

Price / sq ft
$492
Annual taxes
$7,292 (2026)

Estimate your monthly payment

$9,709/mo

Principal & interest
$9,102
Property taxes
$608
Loan amount $1,440,000

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Coupeville, WA 98239

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Keller Williams Realty Bothell— Lisa Dayton Leonard.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

Interested in this home?

Request a private tour or ask a question — a local agent will respond personally.

No spam. We'll only reach out about your search.