For Sale265d on market
1865 Crestwood Cove Court
Freeland, WA, 98249 • 98249 • Island County
$12,500,000
$1014/sqft
-$500,000 since Feb 28, 2026
Down payment assistance available
18Beds
23Baths
12,323Sqft
23.2 acLot
1970Built
Property DNA
Waterfront Property
Medium Bank
Bay Views
Bay
Northwest Contemporary,2 Stories w/Bsmnt Style
Built 1970 · 56 years of history
Freeland
98249
Outdoor Living
Second Kitchen · Fireplace · High Tech Cabling · Security System · Triple Pane Windows · Water Heater
3 Fireplaces
Gas · Main Level: 3 · Fireplace
Special Features
ADU Beds: 11 · ADU Baths: 12
Garage
Detached Garage
This home is getting attention
Listed 265 days ago · 3,647 views · 93 saves
Market activity
Demand and pricing signals for this listing
3,647 views
People checking out this listing
93 saves
Buyers have saved this home
265 days on market
Established listing
$1,014/sqft
Price per square foot
About this home
Single Family · Built 1970
Discover a rare opportunity to own an extraordinary gated waterfront estate set on 23 breathtaking acres with over 750 feet of private shoreline. Offering complete privacy and serenity, this one-of-a-kind property spans four tax parcels and includes a total of 19 bedrooms and 22 bathrooms across multiple residences — ideal for multi-generational living, entertaining, or hosting distinguished guests. At the heart of the estate is a grand main residence, complemented by an impressive 11-bedroom lodge and a separate guest house. Each structure is thoughtfully positioned within beautifully landscaped grounds, surrounded by towering fir trees that create a true Pacific Northwest sanctuary. Imagine mornings on your private beach, boating from your 210-foot steel dock with boat lift, afternoons on the tennis court or practicing on your golf and putting area, and evenings entertaining under the trees. Additional amenities include a barn/workshop an Island County approved indoor 2 lane pistol range and expansive open grounds offering endless possibilities. Whether envisioned as a legacy family compound, a luxury waterfront retreat, or an executive corporate escape, this estate offers scale, privacy, and lifestyle in a setting that is simply unmatched. A property of this caliber is rarely available — and impossible to replicate.
Standout features identified
Our analysis highlights grand main house, stunning landscaped grounds, and majestic fir trees as key attractions of this home.
Estimated monthly payment
Based on current rates
$77,836/month
Principal & Interest$61,169
Property Tax$12,500
Insurance$4,167
Down payment20% ($2,500,000)
3%50%
Est. 6.19% rate · 30yr fixed · $10,000,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1970
HeatingFireplace, Forced Air, Electric, Oil, Propane
CoolingForced Air
Parking3 Garage spaces
Lot23.24 Acres
Days on Zillow265 Days
Price/sqft$1,014
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleNorthwest Contemporary,2 Stories w/Bsmnt
ConditionVery Good
Year built1970
Stories2
Systems
HeatingFireplace, Forced Air, Electric, Oil, Propane
CoolingForced Air
RoofComposition
ConstructionWood Products
Water / SewerPrivate, Company: Private wells / Septic Tank, Company: Septic
Parking & Outdoor
ParkingDetached Garage
BasementPartially Finished
Fireplaces3
Lot23.24 Acres
Location & Tax
Neighborhood98249
Annual tax$20,643
ParcelR229020773140
Bathrooms & Fees
Full baths17
Features & details
15 categories of property features
Interior Features
Interior
High Tech Cabling
Appliances
Dishwasher(s)
Disposal
Double Oven
Dryer(s)
Microwave(s)
Refrigerator(s)
Stove(s)/Range(s)
Washer(s)
Garbage Disposal
Water Heater: propane
Water Heater Location: Basement
Heating
Fireplace
Forced Air
Electric
Oil
Propane
Cooling
Forced Air
Fireplace
Gas
Main Level: 3
Fireplace
Windows
Triple Pane Windows
Exterior Features
Parking
Detached Garage
Construction
Wood Products
Patio & Porch
Second Kitchen
Fireplace
High Tech Cabling
Security System
Triple Pane Windows
Water Heater
Lot Features
Secluded
Athletic Court
Barn
Cabana/Gazebo
Dock
Gated Entry
High Speed Internet
Irrigation
Outbuildings
Propane
Sprinkler System
Community
Gated
Security
Security System
Views
Bay
Utilities
Whidbey Telecom
Whidbey Telecom
Other Structures
ADU Beds: 11
ADU Baths: 12
Room details
14 rooms detailed
Bathroom Full
MainBathroom Three Quarter
MainBathroom Three Quarter
MainBathroom Three Quarter
MainBathroom Three Quarter
SecondOther
MainListing insights
Market data and value estimates
StatusFor Sale
Days on market265
Est. rent$2,870/mo
Tax rate0.64%
Price/sqft$1014
On marketNov 19, 2024
PostedJul 15, 2025
Last sold$2,988,888
MLS statusActive
MLS updatedFeb 28, 2026
Tour days9
Views3,647
Favorites93
How are the schools in Freeland?
3 schools rated nearby
Location
Freeland, WA, 98249
Price history
14 events
DateEventPrice$/sqftSource
Feb 28, 2026Price Change$12,500,000$1,014NWMLS as distributed by MLS GRID
Feb 5, 2026Price Change$13,000,000$1,055NWMLS as distributed by MLS GRID
Jan 7, 2026Price Change$13,400,000$1,087NWMLS as distributed by MLS GRID
Jul 15, 2025Listed For Sale$13,900,000$1,128NWMLS as distributed by MLS GRID
Oct 16, 2015Sold$2,988,888$243NWMLS as distributed by MLS GRID
Sep 2, 2015Pending Sale$3,900,000$316Windermere Real Estate/South Whidbey
Apr 9, 2015Price Change$3,900,000$316Windermere Real Estate/South Whidbey
Mar 7, 2013Price Change$1,650,000$134Coldwell Banker Bain
Mar 28, 2012Price Change$4,500,000$365Coldwell Banker Bain Associates
Mar 20, 2012Listed For Sale$5,750,000$467Coldwell Banker Bain Associates
Jan 6, 2012Listing Removed$5,750,000$467Coldwell Banker Bain Associates
Apr 15, 2009Listed For Sale$5,750,000$467Coldwell Banker Bain Associates
Jun 3, 2008Listing Removed$6,950,000$564Coldwell Banker**
Feb 26, 2008Listed For Sale$6,950,000$564RealBird
Price Change$12,500,000
Feb 28, 2026•$1,014/sqft•NWMLS as distributed by MLS GRID
Price Change$13,000,000
Feb 5, 2026•$1,055/sqft•NWMLS as distributed by MLS GRID
Price Change$13,400,000
Jan 7, 2026•$1,087/sqft•NWMLS as distributed by MLS GRID
Listed For Sale$13,900,000
Jul 15, 2025•$1,128/sqft•NWMLS as distributed by MLS GRID
Sold$2,988,888
Oct 16, 2015•$243/sqft•NWMLS as distributed by MLS GRID
Pending Sale$3,900,000
Sep 2, 2015•$316/sqft•Windermere Real Estate/South Whidbey
Price Change$3,900,000
Apr 9, 2015•$316/sqft•Windermere Real Estate/South Whidbey
Price Change$1,650,000
Mar 7, 2013•$134/sqft•Coldwell Banker Bain
Price Change$4,500,000
Mar 28, 2012•$365/sqft•Coldwell Banker Bain Associates
Listed For Sale$5,750,000
Mar 20, 2012•$467/sqft•Coldwell Banker Bain Associates
Listing Removed$5,750,000
Jan 6, 2012•$467/sqft•Coldwell Banker Bain Associates
Listed For Sale$5,750,000
Apr 15, 2009•$467/sqft•Coldwell Banker Bain Associates
Listing Removed$6,950,000
Jun 3, 2008•$564/sqft•Coldwell Banker**
Listed For Sale$6,950,000
Feb 26, 2008•$564/sqft•RealBird
Tax history
14 years of records
YearTax paidAssessed value
Apr 7, 2024$17,344$2,429,609
Apr 7, 2023$15,110$2,325,062
Apr 7, 2022$14,987$2,246,605
Apr 7, 2021$14,146$1,792,904
Apr 7, 2020$13,356$1,724,855
Apr 7, 2019$10,833$1,434,289
Apr 7, 2018$10,824$1,436,272
Apr 7, 2017$11,790$1,440,243
Apr 7, 2016$10,804$1,448,180
Apr 7, 2015$12,060$1,566,672
Apr 7, 2013—$1,965,838
Apr 7, 2012——
Apr 7, 2010——
Apr 7, 2009—$2,453,994
Nearby homes
Neighborhood details
Local context around this listing
Freeland, WA • Island County
Nearby cities
Camano IslandClintonCoupevilleFreelandGreenbankLangleyOak Harbor
Nearby zip codes
9824998260
Based on information submitted to the MLS GRID as of 2026-04-07 05:53:26 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#39)
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