real estate in the san juan islands - april 2015

Contributed photo

Published the third Wednesday of each month by theJournal of the San Juan Islands, Islands’ Sounder and Islands’ Weekly

Kathryn Sherman photo

PO Box 171 Eastsound, WA 98245 360.376.2145

www.orcasislandrealty.com

Harvey Olsan Victoria ShanerBrent Ramenofsky Asya EberleLisa Botiller Mary Clure

Locally Owned and Operated

Views from Timber Frame Stunning Waterfront

Beautifully crafted Timber frame home on 5 acres, with 3 bedrooms and 2.5 baths. Open � oor plan with a lovely kitchen and living spaces that open to large decks and water views! Lower level has separate entrance to an apartment, garage, plus shop space. Great value and seller � nancing.

$525,000 MLS# 617131

A west-facing waterfront home surrounded by a lush, beautifully landscaped 5-acre park. Magni� cent views. Designed by architect William Trogdon, FAIA. Only 5 minutes from Eastsound. Dramatic vaulted skylighted ceiling in the 2242 sf main house and 2 BR/2 Ba guest house. Waterfront access, 2 permitted buoys.

$1,295,000 MLS# 474659

Real Estatein the San Juan Islands April 2015

• Real Estate in the San Juans • April 2015

ORCAS ISLAND

Real Estate in the San Juans • April 2015 •

ORCAS ISLAND

PO Box 171 Eastsound, WA 98245 360.376.2145

www.orcasislandrealty.com

Serene & private location with water views close to Eastsound Village. Exquisitely crafted 3 bed/2.5 ba home & roomy guest house on 3+ ac. Views over Judd Cove & East Sound. Beautifully designed, � nely crafted, simply lovely. Garage & carport. Established gardens throughout the grounds.

$850,000 MLS# 688388

Tranquil Water Views

Harvey Olsan Victoria ShanerBrent Ramenofsky Asya EberleLisa Botiller Mary Clure

Private location w/ big marine views to the Peapod Rocks from 10 acres, 2 lots, pond & areas for gardening. Well built, 3841 sq.ft. home. Alder � oors & cabinets, open plan kitchen with bar, 2 walk-in pantries. Main � oor master with double closets & vanities, private suite upstairs, attached 2+ car garage. 2 Doe Bay Water memberships.

$995,000 MLS# 742973

Big Marine Views

Enjoy west facing views across greens and pond to preserved Turtleback Mountain . Lot 1 slopes gently to the southwest across the fairway from the Club House. Conveniently located between Eastsound Village & the Orcas Landing. Water hookup available. Seller � nancing available.

$155,000 MLS# 682767

Golf Course Views

Beautifully constructed Main St. commercial building could easily be converted to residential. Located in Eastsound on 2 lots near Madrona Point & Crescent Beach. Currently housing an Internet-based tech company might be altered to create a perfect residence or Inn.

$995,000 MLS# 666727

Main Street Building

Contributed photo


Find more great properties on www.twilliamsrealty.com.

Stop dreaming! You can live onOrcas Island and enjoy a steady, reliable income. Offering profitableOtters Pond Bed and Breakfastnear Moran State Park as a homeand turn-key business featuring five guest rooms, each with private

bath, a three-bedroom owner’s residence, and all furnishings,amenities and equipment needed to run this successful inn.

You will appreciate the natural beauty of this impeccably maintained 4.1-acre property, on two parcels, situated amidlush gardens on a large natural pond and protected wetlandteeming with abundant wildlife. #566788 $1,150,000

The Knowledge You NeedTo Make the Right Move

Call Teri Williams at 360-376-8374.www.otterspondbandbforsale.com

Magical Setting, Exceptional Property, Rare B&B Opportunity

Cherry Blossoms. Colleen Smith Armstrong photo

Residential and Commercial ArchitectureP.O. Box 995, Eastsound, WA 360.376.2930 www.S-29.com

ORCAS ISLAND

Decatur Island

March 6L. Wylie Johnson of Burlington sold land only to Ross Wylie Johnson, Trustee of the Wylie Johnson Trust for $108,900

Lopez Island

March 3Colin Doherty and Brenna Nies of Lopez sold land and a building, 441 Sweetbrier Lane, to Louise Acheson of Cleveland, OH for $163,387

March 5William and Carolyn McGowan of Lopez Island sold land and buildings, 3523 Mud Bay Road, to Steven and Deborah Hainsworth of Seattle for $468,000

Scott and Susan Jennings of Twisp sold land and a building, 151 Richwood Lane, to Lazy L Recreation LLC of Seattle for $360,000

March 19Patricia Blair of Seaview sold land only to Marc Haugen and Jilly Goldring, trustees of the Haugen-Goldring Family Revocable Trust of Hillsborough, CA for $161,000

Orcas Island

March 2Dan and Kathleen Tryfter, trustees of the Tryfter Revocable Trust of Goodyear, AZ, sold land only, 380 Raccoon Point, to Alan and Kitrina Bryant Revocable Trust of Evergreen, CO for $100,000

March 3James and Holly Richardson of Issaquah sold land and a build-

ing, 265 Miguel Lane, to James Blewett and Jennifer Wallace, Trustees of the James R. Blewett Trust of Eastsound, for $555,000

Denise Thomasin Nunes of Eastsound sold land and a build-ing, 2232 Enchanted Forest Road, to Alejandro Cordova and Danielle Clearwater of Boulder, CO for $360,000

March 4Marian Gentry, Trustee of the Marian M. Gentry Revocable Trust of Lake Oswego, OR sold land and a building, 339 Glenwood Inn Road, to Blisshaven LLC of Lake Oswego, OR for $383,253

March 10Betty Barats of Eastsound sold land and a building, 474 Rosario Road, to Michael Boero and Valerie Woodruff of Mohamet, IL for $320,000

March 13Robert and Judith Spring of Eastsound sold land and a build-ing, 50 Marilee Drive, to James Stephens and Antoinette Botsford for $332,000

March 16William and Kelly Koral as joint tenants with right of survivorship sold land only, 35 Main Street, to Elizabeth Leroy of Mercer Island for $227,500

March 17Edward Smith III, successor of Edward and Rose Smith Trust of Walnut Creek, CA sold land and a building, 350 North Beach, to Prune Alley LLC of Eastsound for $185,000

Wesley and Wilma Ray of Malone

sold land and a building, 61 Indralaya Road, to Grant Heitman for $249,000

Wells Fargo Bank of Frederick, MD sold land and a building, 1669 Day Lake Road, to David and Sue Robertson of Houston, TX for $400,000

March 18Capital Income and Growth Fund LLC of San Jose, CA sold land and a building, 661 Buckhorn Road, to Griffin Berlin for $185,000

March 19Island Storage of Eastsound sold land only, 16 Commercial Park to Orcas Island Storage of Olga for $2,150,000

March 20Suzanne Witterholt Ramsey sold a condo, 67 Main Street, to Posemarie Altberg, trustee of the Rosemarie Altberg Revocable Trust for $150,000

March 25Marilyn Parman of Eastsound sold land and a building, 63 Rosehip Road, to Richard Horton of Eastsound for $90,330

San Juan Island

March 5

King and Pamela Finch of Friday Harbor sold land and a building, 570 Guard Street, to Timothy Jodkins for $222,700

Kurt and Jennifer Willows of Gig Harbor sold land only, 25 Hillcrest Place, to Michael and Crystal Hainsworth of Seattle for $44,000

March 6Joann Karpf as her separate estate,

and Charles Karpf as executor to the Estate of Charles and Tiffany Karpf of Friday Harbor sold land and a building, 560 Guard Street, to Kelly Unger of Friday Harbor for $360,000

March 9

Lawson Ridge Development of Friday Harbor sold land only to the San Juan County Land Bank for $1,325,000

Lawson Ridge Development of Friday Harbor sold land only to the San Juan Preservation Trust for $175,000

March 10Dona Owens, Trustee of the Todd Owens Trust of Friday Harbor sold land and a building, 81 Evans Way, to Real Trust IRA Alternatives of Chealan for $103,333

March 16Norma Mason of Friday Harbor sold land and a building, 202 High Haro Drive, to Michelline Halliday as an undivided 65% interest, Benjamin Bama as an undivided 35% interest of Friday Harbor for $742,000

Denis Murphy-Goudie and Elizabeth Covert of Friday Harbor, as their separate estates sold land and a building, 352 Byron Road to Cy and Alyzyryean Seammell of Friday Harbor for $525,000

March 17Federal Home Loan Motrtgage Corporation of Carrolton, TX sold land and a building, 45 Scenic Place, to Patrick Fox of Friday Harbor for $157,625

March 20Mert Meeker as his separate estate

as to an undivided half interest, and San Juan Preservation Trust of Friday Harbor sold land only to San Juan Preservation Trust for $7,000

Josephe and Sandra Pond of Gig Harbor sold land and a build-ing, 476 De Haro Lane, to David and Rhonda Zygocki, trustees of the Zygocki Family Trust, for $2,250,000

March 23James Rigby, trustee for Douglas and Susan Hayes Bankruptcy Case of Bothell sold land and a build-ing, 351 Davison Head, to Barnaby and Jan Zall of Rockville, MD for $885,000

Greg Avery of Yountville, CA sold a vacant lot to Judy Taylor 50%, Lyndsey Taylor 25%, and Jordyn Taylor 25% of Friday Harbor for $612,500

March 24George and Judith Farley of Friday Harbor sold land and a building, 64 Danger Rocks Road, to David Smith and Jane Well for $950,000

March 25Gary Roberts of Friday Harbor sold land and a building, 540 Maple Street, to Jeffrey and Mary Catherine Johnston of Bellingham for $142,000

Wells Fargo Banks, as trustee for Leham Mortgage Trust of Lewisville, TX sold land and a building, 539 White Point Road, to K. and E. Kucur of Friday Harbor for $478,800

David Robin Knight of Friday Harbor sold land only, 131 Garrison Drive, to Robert Lawrence-Moore of Freeland for $1,205,000


Wild Roses. Contributed photo

MARCH REAL ESTATE TRANSACTIONS

* In case you missed February’s Transactions


ALL ISLANDSIRS section 1031 – tax deferred exchange

Contributed photo

Another positive sign of real estate market recovery for our County is an increase in buyers and sellers utilizing a 1031 exchange. During the recession when appreciation was non-existant there were no gains for buyers and sellers to defer. Many sellers decided to hold off and wait for more recovery.

As a 1031 exchange is a handy tool for deferring income tax on the sale of real estate, I thought you might desire more details about the program. As typical for any IRS code, the description material tends to be dry so reading this article may function as a sleep aid as well.

What is an IRS Section 1031 Tax Deferred Exchange? Quite simply, it allows you as the owner of investment property (almost all property that is not your personal residence or second home) to sell your property and buy another investment property, deferring the tax on your capital gains. You do not have to find someone to accept your property in trade for the one you buy.

The steps for performing an exchange are not significantly different from those for completing a standard sale. You list the property, hopefully with me, and then market it for sale just like any other property. A Buyer is located and escrow is opened. An Intermediary is brought into the transaction prior to closing. Suitable replacement prop-erty is purchased and the exchange is concluded.

When considering the sale of income or investment property, you as a seller must con-sider the taxation. When selling property you could owe federal and, in some areas, state capital gains tax. This could mean paying 15% to 40% in taxes on the gain. Instead of paying a large amount to the IRS in taxes you can use that money to buy more real estate. Property that qualifies for preferential tax treatment under Internal Revenue code section 1031 (IRC 1031) is treated quite differently. IRC Section 1031 states:

"No gain or loss shall be recognized if property held for productive use in a trade or business or for investment purposes is exchanged solely for property of a like-kind". Investors do not have to exchange for exactly the same type of property as they relin-quished. "Like-Kind" does not refer to the nature, character or type of property but just that it also be held for productive use or for investment purposes.

Therefore, if using IRC section 1031, you can exchange raw land for a rental home, an apartment complex, or for a shopping center. The use of the property is the factor in determining the tax treatment. Provided the property is initially acquired and held for either business or investment purposes, it can qualify as a suitable replacement property.

You must trade "equal or up" in equity and value to completely defer taxes. If you dis-pose of a property at one value and acquire another property at a lesser value, taxes are due on the difference.

No cash can be received from the transaction (boot), whatever cash is received is tax-able. In a 1031 exchange, receipt of cash cannot be offset with a larger debt.

You can dispose of property and have 180 days to acquire another property, the pres-sure of trying to structure simultaneous closings no longer exists. You are not required to find replacement property which can close the same day of the property being sold. The delayed exchange begins when you enter into a purchase contract. After the first closing, the exchange clock starts ticking. From the settlement date you have 45 days to identify replacement property. From the sale settlement date you have 180 days to actually acquire one or more of the identified properties.

These regulations also require the use of a qualified intermediary in deferred exchanges. Use of a professional Intermediary with no other relationship to the exchangor provides you the mandatory "Safe Harbor" to perform a non-taxable sale.

An Intermediary is substituted, into the contract to sell the property. In theory, the Intermediary becomes the seller but the sale is reported on the tax ID number of the Seller. This is perfectly legitimate under the Treasury guidelines written to clarify Internal Revenue Code Section 1031.

The sale will not be delayed, the buyer will purchase the property for the same contract-ed price. But instead of paying taxes on the sale, you save 100% of the net equity available for purchasing a replacement property.

When a replacement property has been found and an offer accepted, the Intermediary will again be substituted as the Buyer of the new property to complete the exchange. The intermediary will use the proceeds from the sale of the original property to purchase the replacement property. The intermediary holds your sale proceeds during the exchange period and you generally will earn interest on these funds.

Further, the code procedure allows you to acquire investment real estate now, when an excellent investment may be available and to sell your property later, when a better price might be obtained, so long as this all happens within 180 days. This is called a reverse exchange. This procedure greatly expands your ability to take advantage of changes in the marketplace and to improve your investment position.

The IRS allows the deduction of brokerage commissions from exchange proceeds as they reduce the amount of equity the tax payer realized. The IRS requires that only the net equity be transferred to the replacement property.

If you are still reading, below is my standard disclosure:This material is intended to be informational and is not all inclusive; no effort has been

made to summarize all of the requirements and issues that may be applicable to a particu-lar situation. This material should be not used as a substitute for independent financial or legal advise. Please consult with your CPA or tax advisor.

– Merri Ann Simonson – Managing Broker, Coldwell Banker San Juan Islands, Inc.


ALL ISLANDS

Tammy PollardNMLS 78697 | WA CL-67856

25+ years experience • FREE CONSULTATIONS(800) 555-7968 | (360) [email protected] • www.tammypollard.com

PROFESSIONAL • ACCOUNTABLE • INNOVATIVEAvailable evenings & weekends to better serve you

PURCHASE - REFINANCE

MANUFACTURED HOMES

CREATIVE FINANCING

ALL IN ONECONSTRUCTION FINANCING

FHA / VA • REVERSE MORTGAGES

Find the mortgage that fi ts your needs your needs

www.islandersbank.com

“Islanders helping Islanders since 1981”

We take great pride in being the local bank providing our Island Communities financial products & services

with an Islanders touch.

Orcas Island (360) 376-2265

Lopez Island (360) 468-2295

Friday Harbor (360) 378-2265

Mike Taylor NMLS# 720611

Loreen Arnold NMLS# 619915

Terry Clem NMLS# 609762

Tony Fyrqvist NMSL# 619914

Bruce Martin NMLS# 328045

Islanders Bank ®

New nature preserve for San Juan IslandThe San Juan Preservation Trust and the San Juan County Land

Bank are collaborating on an exciting land acquisition project on San Juan Island that, if successful, will become an extraordinary nature preserve accessible to all. Long valued by adventurous hik-ers willing to trespass to capture its stunning 360-degree views, this 141-acre ridgetop property had been subdivided into 12 view lots and listed for sale as “Lawson Ridge,” an exclusive residential development.

A portion of this property drains into Trout Lake, the Town of Friday Harbor’s primary source of drinking water, and includes important native plant and animal habitat, lush wildflower mead-ows, miles of trails and easy road access to the summit and its spectacular panoramic views.

On March 9, the San Juan Preservation Trust, a private nonprofit land trust, and the San Juan County Land Bank, an agency of San Juan County, made a $1 million down payment on the $3 million purchase. A $2 million sellerfinanced loan is secured by the land itself; should this conservation partnership default on this loan, the sellers would likely relist the lots for sale as private residential estates.

The preservation trust will launch a community fundraising campaign on San Juan Island to raise the remaining funds needed to complete the purchase.

“If we succeed, this could provide San Juan Island with the very first place where visitors with mobility restrictions can enjoy such sweeping vistas,” said Tim Seifert, executive director of the San Juan Preservation Trust.

“We all have friends or family that are elderly, or physically disabled, or that have young children unable to hike up to the few dramatic outlooks we have on this island. Imagine how much fun it would be to share this place with them.”

“There is still a lot of fundraising to do, but it is very clear that the San Juan Island community cares deeply about this place,” said Lincoln Bormann, director of the San Juan County Land Bank. “Once you go up there and take in those views, you can understand why so many islanders have come to us to ask for our help.”

Early San Juan Island maps identify this ridgeline as Mount Grant, and this historical name

will be honored in the new preserve. If fundraising is successful, the “Mount Grant Preserve” will be owned and managed by the Land Bank, and the Preservation Trust will hold a conservation easement that permanently protects its natural values and ensures public access. The Preservation Trust will launch "The Campaign to Save Mount Grant" in April.

"We will be casting a wide net and making it easy for everyone to participate," said Thor Hanson,

co-chair of the campaign. "Mount Grant has so much to offer, and we need our whole island community to play a part in making it a reality."

A sweeping view of the Salish Sea from Mount Grant. Robert Hare Stavers/ Contributed Photo


ALL ISLANDS

Island ExpertiseGlobal Connections

Spectacular 3,259 sq ft waterfront home close to Roche Harbor. Unforgettable sunsets and breathtaking views. Seller is licensed broker.

MLS#220220 $2,395,000Chita Miller

“OUTLOOK” inspired by Frank Lloyd Wright’s Falling Water. Situated on 5 acres with unobstructed views, a modern masterpiece.

MLS#319255 $1,150,000Roger Williams

This home has it all! 263 feet of waterfront, steps to private beach, boating buoy, gazebo, wine cellar, grotto, workshop, privacy galore.

MLS#751578 $1,558,000Kathryn Bowes

4 acre lake view parcel with incredible knoll building site. Amenities include underground utilities and NEW WELL. Ready for your dream home.

MLS#718036 $179,000Roger Williams

Shaw Island waterfront home. 3+ bedrooms & 1.75 baths. Two 3 car garages. Neck Point Coves offers community moorage & seasonal pool.

MLS#557214 $1,495,000Chris Spaulding

Spectacular water view over San Juan Channel. 10 acre parcel is ideally located between Friday Harbor and Roche Harbor.

MLS#462453 $450,000Chita Miller

Shaw Island home on 5 acres overlooking a forest to gorgeous sunsets. 4 bedrooms, fenced garden, heated greenhouse & community beach with mooring buoy.

MLS#756823 $550,000Diana Clark

Private wooded parcel. Close proximity to town of Friday Harbor. Adjacent to University of Washington acreage which will not be built upon.

MLS#544324 $125,000Chita Miller

Las Tres Vistas- Situated on.77 of an acre with 565’ of waterfront. 3 bedroom home offers a 270 degree of view. Deep water dock for yachts up to 60’.

MLS#760550 $1,750,000Chris Spaulding

ORCAS ISLAND

SHAW ISLAND

SHAW ISLAND

Download our mobile app to get FREE instant access to local homes from ANY cell phone Text SIR to 87778

1 SPRING STREET • PO BOX 777 • FRIDAY HARBOR, WA 98250 • 360-378-2151 • TOLL-FREE: 800-258-3112 • WWW.ISLANDGROUPSIR.COM© MMVI Sotheby’s International Realty Affiliates, Inc. Each Office Is Independently Owned And Operated, Except Offices Owned And Operated By NRT Incorporated.

Chris [email protected]

360-378-8108

Roger [email protected]

360-472-1000

Tom [email protected]

360-224-2755Serving Whatcom County

Kathryn [email protected]

360-317-6337Serving Orcas Island

Diana [email protected]

360-317-8616

Paul [email protected]

360-378-7646

Tim [email protected]

360-317-4740

Chita [email protected]

360-378-2153


SAN JUAN ISLAND

$1,950,000 Enjoy views of Haro Strait to Vancouver Island from this magnificent 6800+sf home on 3 acres. Orcas, eagles and sunsets! The idyllic San Juan Island property! MLS #629289

$149,000 2.5-3 acre parcels in 52ac Lake Edna Estates. Minutes from Friday Harbor & Roche Harbor. Lovely park-like setting on Lake Edna. Water, power and phone. Starting at $149,000.

$1,960,000 Cameron Place on Shaw Island. 3 architectural gems on 2.7 gated acres. Colorful sunset views, 650+/- ft waterfront with garden, gazebo, tennis court and modern treehouse. MLS #585309

$1,788,000 Shy 10 acre estate with 4200 sf lodge style home and stunnning panoramic waterviews, valley views, and mountain views. A true island retreat! MLS #551475

$1,695,000 One-of-a-kind Blind Bay property on Shaw! Private dock & moorage, 2 homes, 2 boat houses – too much to list! Manicured grounds and meticulously maintained homes. Enjoy the water and privacy. MLS #745286

SANJUANSRE.COMwww.SanJuansRE.com • [email protected]

50 Spring Street, Friday Harbor, WA 98250

Greg King 360 298 0390 • Sybil Mager 360 298 0627 • Travis Mager 360 298 0628 • Annie Bryant 360 298 0649

GREG KiNG360 298 0390

GREG KiNG

COMPANYSYBiL MAGER360 298 0627

TRAViS MAGER360 298 0628

$965,000 Spacious, Move-in Ready Waterfront Home w/Mooring Buoy! 4800+ sf, 3 bed, 3 bath, den/office, exercise room, sunroom, with wonderful views, just minutes to town. MLS #736420

$345,000 Amazing view lot minutes from town! Spectacular, birdseye view of the San Juan Channel. Incredible sunrises, watch the ferry and boats go by! MLS #715708

If you’re thinking of selling your property

Call Us Now! We helped our clients sell

over $15 million in real estate in 2014...how can we

help you in 2015?

Sellers!Don’t miss our ferry catalog deadline!

Residential Real Estate • Luxury Properties

Land Development • Commercial & Investment

GKC Welcomes ANNiE BRYANT!

Annie comes to our team as a well-grounded,

observant individual with an innate sense of

practicality and the ability to see the big picture. Her

life growing up on the island, traveling the world, and earning a business degree has led her back to her roots with the desire to bring people together to facilitate the

lifestyle the San Juan Islands offer.


Request the latest copy of Market Information from: [email protected] • Vist our blog at www.fridayharborsji.com50 Spring Street, (360)378-3600 or (800)262-3596 • Open Everyday • www.windermeresji.com

Deep Smarts, Big Hearts, Remarkable Results50 Spring Street, (360)378-3600 or (800)262-3596 • www.windermeresji.com

Amazing view lot minutes from town! Spectacular, birdseye views of San Juan Channel & San Juan Islands Archipelago. Enjoy paved road access and the convenience of town water hookup. ANNIE BRYANT

#715708 $345,000

8+ ac W facing & overlooking Haro Strait & Canada. 2000+/- sq ft w/gourmet kit. (all Viking appliances) granite, wd flrs, bunk hs & 2+ bed/3 bath. SAMANTHA BRYNER

#506152 $715,000

Sunny Strait & Mt. view home & studio, 2.7 park-like ac. 3bd/2.5bth quality home, fruit trees, garden shed & tree house. Walk to National Park trails & beach. SAMANTHA BRYNER

#664254 $745,000

Waterfront Home w/Mooring Buoy! 4800+ sf home w/3 bd, wonderful views, mins to town. Granite countertops, hardwood floors, & a wonderful beach. ANNIE BRYANT

#736420 $965,000

Mountaintop Waterview Home! 4200 sf, 3bd/4bth Craftsman on 10+ac in 2 tax parcels. Hardwoods, gourmet kitchen, 4000sf deck w/spa, outdoor kitchen. Park-like setting. ANNIE BRYANT

#551475 $1,788,000

Sweeping water views & southern exposure! Pristine & manicured 4 acres. Fully fenced w/pond, septic & well, like-new barn w/ loft space. SAMANTHA BRYNER

#649650 $635,000

Super clean 2bd/2bth 1924 sq ft house & 1 bd 656 sq ft guest house on 1.38 ac in Gull Cove. Finished 2 car garage w bath, laundry room. Outbuildings wired for power. JOHN LACKEY

#721151 $599,000

Fabulous custom Westside home, “World Class” views, gorgeous interior finishes and exotic detailing. Lovely adjacent guest house offers more versatility. JOHN LACKEY

#714211 $1,195,000

In town 2BD/2BA condo with open living & dining area. Clean and ready to move in, this 1,115sqft condo is just steps to the ferry. BETTE CANTRELL

#733065 $345,000

60.06 ac , 6 parcels, 8-11.8 ac each. Water, power, phone. Woods, meadows, pasture, rocky knolls, views. Truly unique estate property. Priced below assessed value. JOHN LACKEY

#724819 $1,275,000

6 unit waterfront condo complex. New roof, decks, interior upgrades, furnishings, tile & flooring. Roche Harbor resort managed. JOHN LACKEY

#659900 $1,895,000

Sunny south-facing lot in desirable neighborhood close to town. ¾+ ac mossy knolls, firs. Unimproved. Beautiful building site. SAMANTHA BRYNER

#671341 $112,000

Sunny Westside water view lot overlooking Straits & Olympic Mts. ½+ ac level land facing south. Community beach. 3 BR septic. SAMANTHA BRYNER

#462913 $238,500

Very nice 2.81 ac of park-like property overlooking Lake Edna. Water, power, phone, septic & driveway installed. Easy owner terms. Great building site w/ lake view. SAMANTHA BRYNER

#615881 $135,000

Unobstructed views of Spieden Channel boat traffic. Close to Roche Harbor amenities. Lg deck, hot tub, community beach. Vacation rental. JOHN LACKEY

#634782 $895,000

SAN JUAN ISLAND


Request the latest copy of Market Information from: [email protected] • Vist our blog at www.fridayharborsji.com50 Spring Street, (360)378-3600 or (800)262-3596 • Open Everyday • www.windermeresji.com

Deep Smarts, Big Hearts, Remarkable Results50 Spring Street, (360)378-3600 or (800)262-3596 • www.windermeresji.com

Cameron Place on Shaw Island. 3 architectural gems on 2.7 gated acres. Colorful sunset views, 650+/- ft waterfront with garden, gazebo, tennis court and modern treehouse. GREG KING

#585309 $1,960,000

High bank waterfront lot w/great views to Shaw & Orcas Isles. Approved septic design. Commun. beach. Quiet, private. 10 mins to Friday. Most affordable waterfront lot on San Juan Isle. MICHAEL LINEHAN

#761987 $265,000

Blind Bay Retreat on Shaw Island! 2 parcels, 2 homes, 2 boat houses, private dock & moorage! Manicured grounds, shop, garden, fruit trees, views of Blind Bay. One-of-a-kind property! GREG KING

#745286 $1,695,000

Sweet Craftsman 3 Bd home on acreage! Convenient yet private, with fenced gardens, fruit trees & outbuildings. Separate (rentable!) guest quarters. DENECE KOST

#743223 $585,000

Picturesque Westside Waterfront Estate! Views of Haro Strait to Vancouver Isle. 6800+ sf home, indoor swimming pool, hot tub, saunas. 3 ac estate w/245+/- feet of waterfront. TRAVIS MAGER

#629289 $1,950,000

Vintage Friday Harbor home w/wonderful harbor views in one of Friday Harbor’s most desirable neighborhoods. 2bd/2bth, 3 decks, det. studio. PAT O’DAY

#476082 $410,000

Some points to consider:• The latest Freddie Mac Primary Mortgage Market Survey reports

the 30-year fixed rate at 3.7%.

• Freddie Mac's projection for Q2 2016 is that the rate will be 4.7% (a full percentage point higher)

• The Home Price Expectation Survey predicts that home prices will appreciate by 4.4% during this same time

The impact waiting a year to purchase your dream home can make on your monthly payment is significant.

Contact a Windermere Real Estate professional today to discuss your options before the experts' predictions

become reality!

The Difference a Year Can Make

SAN JUAN ISLAND


SAN JUAN ISLAND

San Juan Islands, Inc.

ONE SPECIAL PROPERTY. This Westside waterfront offers views into Canada, the Olympics, and Straits. #760917 $595k

SUNNY AND LEVEL ACREAGE near town. Over 1.5 acres, with water , power, and phone. #735782 $129k

CHARMING 5-bedroom, 2 3/4 plus bath rambler style home located in the town of Friday Harbor. #759961 $339.7k

BEAUTIFUL HOME. On 5 private acres with access to ponds, trails and horse barn. #555156 $449.9k

BUSINESS OPPORTUNITY. Wildwood Manor B&B Victorian view home with guest house on 9+ acres. #741276 $1.475m

WATERFRONT ESTATE. On 50 acres with main house, caretakers house, guest house and barn. #339230 $1.662m

WESTSIDE WATERFRONT on 1.8 acres with beach and buoy. Custom home, guest house, 2 lots! #496154 $1.395m

FANTASTIC VIEWS. Outer island & boating views. Large beam, stone/wood construction on 1.35± ac. #465794 $575k

CAPE COD HOME. 180° ocean and mountain views from this custom 3200 SF home w/beach access. #631285 $950k

NANCY YOUNG | 105 spring street | friday harbor | 360.317.1755 | www.buysanjuanrealestate.com

REDUCED REDUCED

REDUCED

NEW

NEW

(360) 317-1755REDUCED

Nancy YoungReal Estate


WATERFRONT CABIN close to town with 182 feet of frontage, terrific views, and gravel beach. #237376 $699k

www.sanjuanrealproperty.com | www.victoriatelford.com

HAND-HEWED LOG HOUSE. 2,000± sq ft home on 2.29 acres. Warm and spacious floor plan & large deck. #717289 $359k

GARRISON BAY waterfront home. The one level home offers approx. 1712 sf with 3 bedrooms, 2 full baths on .69 acres. #688912 $679.5k

WATERFRONT HOME on Garrison Bay. 2 bedrooms, 1 bath with open floor plan on 1.47 acres. #80263 $425k

WATERFRONT BUILDING LOT Great opportunity, south facing with no-bank sandy beach. #611427 $365k

SHAW ISLAND WATERFRONT ESTATE with private dock. 2 bedrooms, guest house, with stunning marine views. #763618 $1.51m

HOME WITH HANGER. 2 bedrooms, den, 2 baths plus a Hangar with access to the Roche Harbor airstrip. #610980 $415k

MINERAL HEIGHTS LOT. Scenic views of San Juan Channel. One acre with 126-foot frontage. Driveway to possible building site. #608203 $350k

BRIDLE TRAILS LOT with paid Roche Harbor water system hook up. Lot offers 1.48 acres and is nicely wooded. #739799 $99k

WATERFRONT COMPOUND offering 4173 sf, guest house, shop on 7.6 acres with 753 feet of low bank frontage. #487230 $7m

360.317.5167

360.317.8668

vickiTELFORD

merriannSIMONSON

BEST PRICED WATERFRONT HOME. Quality constructed Cape Cod style home features 2 BR, 2 BA totaling 4.45 acres. #608904 $565k


EXCEPTIONAL PRICE

REDUCED

REDUCED NEW

NEWREDUCED

ROCHE HARBOR RESORT LOT with water, power, sewer, and phone in the road. Resort offers vacation rental pool. #513799 $199k

SAN JUAN ISLAND


SAN JUAN ISLAND

SAMBUCK360.317.6277 | www.sambuck.com105 spring street | friday harbor | washington 98250

UNDEVELOPEDLIGHT INDUSTRIALCondo parcel with 4000± sf footprint (increase sf with 2nd story), paved road and all utilities – ready to build. Start paying off your building instead of someone else’s! #715710 $135,000

WEST SIDE WATERFRONT HOME2040± sf, 2 bed/2 bath, 2 car garage, 1.57± acres & 210’+ waterfront (2 lots), magnificent views that include mountains, islands, sunsets, boats & whales, and a nice community beach up the road. #718911 $1,100,000

WATER VIEW HOME4200± sf with 3 bedrooms, master bedroom w/His & Hers dressing rooms, large kitchen, decks on 3 levels, back-up generator, and views of the Straits & Olympic Mtns. #9797 $679,000

WATER VIEW HOMEOld English Country Cottage architecture on 32± acres (2 parcels) with stunning sw views to the Olympic Mountains. Includes: a 2200± sf, 3 bedroom/3.5 bath main home, a guest house, & outdoor pool. #513463 $1,950,000

WATERFRONT HOME PEARL ISLANDSW-facing, 157’± waterfront with beach, 1200± sf cabin, guest quarters, small bunk house, shop, storage building, shared dock, power & water to dock, mooring ball, and close to Roche Harbor. #587750 $930,000

WATERFRONT ACREAGEDECATUR ISLAND3± acres, 280’± of high bank beachfront, southeast exposure, power, telephone, road to the property line, and a well will be provided. Island amenities: public roads, airstrip.#448234 $335,000

WATERFRONT HOME AND GUEST HOUSEDesigned by architect Tom Kundig and located on a spectacular SW shoreline with a 2844 ± sf main house, a 520± sf guest house on 3.8 ± acres & 250’ ± wf with whale watching, and stunning sunsets. #597251 $3,500,000

WATERFRONT HOMECobblestones, warehouse beams, and extensive masonry are the hallmarks of this beautifully appointed 3900± sf south-facing waterfront home with a private & protected deep water dock including a 65’± float near Roche.#553607 $2,995,000

WATERFRONT HOME1792± sf, 3 bed/2 bath, vaulted ceiling, a clear cedar deck, concrete pad for RV parking, 1.2± acres, 170’± medium-bank waterfront, and beautiful views. Located 3 lots away from a waterfront county park. #757536 $695,000

ROCHE HARBOR AIRSTRIP LOTCorner lot on Roche Harbor Airstrip. Direct paved access to 3,600’ paved runway (WA09). Lot is county approved for a 3 unit, 10,000 sf hangar complex with carriage house.#223389 $299,500

WEST SIDE WATERFRONT HOMEPremier setting perched into a rocky bluff overlooking the Straits & Olympic Mtns, this 2100± sf, 2 bed/3 bath home features floor-to ceiling windows from which the whales can be closely observed. #670808 $895,000

WATERFRONT HOME WITH PRIVATE DOCKRoche Harbor area with 320’± low-bank waterfront, a private dock with 88’ float, 3.3± acres (two tax parcels), 2800± sf home, 750± sf remodeled guest house, fenced pasture and outbuildings. #611193 $3,295,000

WATERFRONT HOMEUpdated with 3166± sf, 4 bed / 3 bath, detached 2-car garage with shop, direct access to community gravel beach, protected mooring buoy, 153’± low-bank waterfront, and expansive views across channel to Orcas Island.#453893 $925,000


WATER VIEW HOME3500± sf, 3 bed/4 bath; 800± sf in-law apartment, 2-car garage, comprised of 2 lots bordering a 1.6± acre common area w/ 295’± of no bank gravel beach w/buoy. If you like “out of the box”, check this out! #718768 $1,100,000

HOME ON ACREAGE3400± sf, 3 bedrooms, large kitchen, dining room, 2 office areas, a bonus room, and attached 2-car garage. On 2.4± acres bordering 25 acres of common area with small lake. #29043152 $595,000

WATERFRONT LOTSTwo adjacent WF lots each with: 3/4± AC and 100’± WF, water hook-up, partially cleared level ground, east facing, and good sun exposure. One lot has 4 bedroom septic permit. #462968 $375,000 & $385,000

WEST SIDE WATER VIEW HOME10± acres, high end NW contemporary with 2200± sf, in-floor radiant heat, fireplace, granite counters, a 450± sf guest house w/deck & water view, and walk to 150 acres of public waterfront. 29052901 $995,000

HOME ON ACREAGESecluded 23± acres adjacent to 450± acre town watershed, 3400± sf, 2 bed/2 bath main house with 2 living rooms & 2 kitchens, hot tub, decks, 320± sf guest house, large shop, and two ponds. #668667 $899,000


SAN JUAN ISLAND

LLSan Juan Island

Mountain side house & guest house on 13 private acres. Sweeping North West views of the Canadian Gulf Islands and Speiden Channel. 2241 Sq ft two bedroom home. Master bedroom is on the upper level, main level has a bedroom 3/4 bath and a open living room, large sunny kitchen with bay window and deck great for outdoor barbecuing, with 960 sq ft unfinished basement. The guest house is 785 sq ft with deck includes a kitchen, living room area, bathroom, upstairs sleeping loft and a utility room.#756253 $575,000

Mountainside Retreat

Linda McMahonCall me for a free evaluation of your property in today’s market.

50 Spring Street, O� ce: (360)378-3600 or (800)262-3596 www.sanjuanlife.com • [email protected]

Stable tenancy with lease expiring 1/31/18 annual CPI. Street Frontage Nichols Walk Stand Alone Commercial Condominium with interest in common area. Close to the new Farmers Market “Brickworks”. Located in the core of Friday Harbor within walking distance to many town amenities and the Ferry Landing. This property has an excellent future.#620945 $299,000

3.64 acre parcel situated in the 52 acre Lake Edna Estates, 25 acres of common area for the residents including the use of the 3+ acre Lake Edna. Includes community water and a septic design and permit for 3 bedroom system.#142848 $115,000

Westside Water View Acreage. The most incredible vistas on Mount Dallas. See the twinkling lights of Victoria and coast of Vancouver Island to Sydney B.C. View across the International waters and shipping lanes of Haro Straight. 1720 sq. ft. home open floor plan on 24.4 acres in 2 parcels. Close to Whale Watch Park and San Juan County Park (Boat Launch). #610385 $965,000

5 secluded acreage surrounded by forest and beautiful rocky knolls. Migratory birds enjoy the seclusion of the huge pond on the lower end of the property. Potential for a view of San Juan Channel and outer Islands. Property borders 76 acres of Land Bank Property.#574477 $125,000

Unobstructed views of the Olympics, Straits, Victoria, whales and ship traffic. 3-bedroom home with gourmet kichen and views from every window. Huge attached shop, with RV parking. Over 4 acres of level grassy pasture, ideal for horses. Three-stall barn. Drought resistant landscaping with flagstone path.#536344 $825,000

NOW INCLUDES TWO LOTS! Large waterfront home on west facing Fish Creek lot. Many updates including modern kitchen, bar, decks and windows. Well maintained with recent roof, furnace, water heater, etc. 2 master suites, 5 toilets, large rooms, great sun and views. Total Assessed value is $871,900. Concrete boat launch ramp.#625066 $790,000

Turn-key, this 2-bed/2-bath home sits on the hill in a classic neighborhood of historic Roche Harbor Village.Custom design w/historic trim details & a designer interior features granite counters, custom cabinets, propane FP, forced-air propane furnace & heated tile floor in master bath Resort amenities available.#583341 $695,000

Bank Approved Short Sale $950,000. Priced $96,000 below assessed value for quick sale. Secluded Waterfront on 10 acres. Spectacular views of Mt. Baker, Deer Harbor & ferries passing through San Juan Channel & Wasp Pass with exquisite sunrises. No expense spared on this beautiful architecturally designed 4,312 SF home.#560014 $950,000

5 acre parcel 2 cleared. Sunny building site great south facing sun for gardening with private well. With provisional work permit you can have a cottage industry with up to 6 employees with 5 business round trips per day, you can farm it, run livestock, put a manufactured home, weekend trailer or a stick built home on it. Power to the property line, partially forested.#729748 $155,000

See the lights of Victoria and coast of Vancouver Island to Sydney B.C. View the International waters and shipping lanes to Canada and Alaska. Beautifully constructed drive to the building site. Close to Whale Watch Park and San Juan County Park (Boat Launch).#674187 $349,000

REDUCED

SHORT SALE

BOAT

SLIPS

REDUCED

REDUCED

MAKE OFFER - MOTIVATED SELLER! 30x9.75 Ft slip #26 at Capron’s Landing Warbass Way Marina. Adjacent slip #27 available combined width 19.5ft wide. Dues include use of water, pump out facilities w/restrooms, showers & coin operated laundry pwr/ph. Common 3 car short term parking area, 72 hr parking is available on street as well long-term parking shared lot at the end of Harrison Street. Tenant pays monthly $100.00.#358993 $29,500

50x17.5 foot slip #24 at Capron’s Landing Warbass Way Marina. Views of Friday Harbor, Mt. Baker & boating activity. Dues include use of water, pump out facilities w/restrooms, shower & coin-operated laundry, washers/dryers. Power and phone available @ slip. In addition to a common 3-car short term parking area, 72 hr parking is available on street as well as long term parking @ a shared lot @ the end of Harrison Street.#568131 $70,000

BOAT

SLIP

real estate in the san juan islands - april 2015

Documents