A dynamic waterfront estate on Similk Bay offering two fully independent living residences joined by a light-filled atrium, creating genuine flexibility for multigenerational living, hosting friends and loved ones, or operating as an income-generating retreat. With an administrative use permit, the opportunity here extends well beyond the lifestyle. The main residence offers three bedrooms and generous living spaces oriented toward the water, where south-facing views stretch across the bay toward the Kukutali Preserve. There is also a flex space used by the current owner to host art classes which speaks to the kind of inspiration this setting quietly produces. The second residence mirrors the quality and views of the first with two bedrooms, two living rooms, and its own fully equipped kitchen. At 6,098 square feet across both residences, the scale supports every version of how this property can be lived in. What truly sets this estate apart is the waterfront and the access to it. Tideland rights give you private beach access where you could have your own hobby oyster farm, crab in the bay, or kayak across the characteristically calm water to Kiket Island and the Kukutali Preserve. The kind of coastal lifestyle most people only visit, and very few waterfront properties can actually offer. Lush grounds with mature gardens, room to host, and genuine peace and quiet complete a setting that has inspired owners, artists, and everyone lucky enough to visit.
Active
Listed by: Muljat Group
$2,350,000
8480 Thompson Beach Road, Anacortes, WA 98221
5beds
6,098sqft
Single Family Residence
Built in 1993
1.13 Acres Lot
$2,236,200 Zestimate®
$385/sqft
$-- HOA
What's special
Light-filled atriumCharacteristically calm water
- 36 days |
- 2,197 |
- 146 |
Zillow last checked:
Listing updated:
Listed by:
Blake Youtsey,
Muljat Group
Source: NWMLS as distributed by MLS GRID,MLS#: 2502889
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 2
- 3/4 bathrooms: 2
- 1/2 bathrooms: 2
- Main level bathrooms: 4
- Main level bedrooms: 2
Primary bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Second
Bathroom full
- Level: Second
Bathroom three quarter
- Level: Main
Bathroom three quarter
- Level: Main
Other
- Level: Main
Other
- Level: Main
Den office
- Level: Second
Dining room
- Level: Main
Entry hall
- Level: Main
Kitchen with eating space
- Level: Main
Kitchen without eating space
- Level: Main
Living room
- Level: Main
Other
- Level: Main
Utility room
- Level: Second
Heating
- Fireplace, Forced Air, Electric, Natural Gas
Cooling
- None
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Tankless Water Heater, Washer, Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Washer(s), Water Heater: Gas Tankless
Features
- Bath Off Primary, Dining Room, Pantry
- Flooring: Ceramic Tile, Concrete, Hardwood, Slate, Carpet
- Doors: French Doors
- Windows: Dbl Pane/Storm Window, Skylight(s)
- Basement: None
- Number of fireplaces: 4
- Fireplace features: Gas, Wood Burning, Main Level: 2, Upper Level: 2, Fireplace
Interior area
- Total structure area: 6,098
- Total interior livable area: 6,098 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Driveway, Attached Garage, Off Street, RV Parking
- Has attached garage: Yes
- Covered spaces: 3
Features
- Levels: Two
- Stories: 2
- Entry location: Main
- Patio & porch: Second Kitchen, Second Primary Bedroom, Bath Off Primary, Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Jetted Tub, Pantry, Skylight(s), Solarium/Atrium, Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wet Bar, Wine/Beverage Refrigerator, Wired for Generator
- Spa features: Bath
- Has view: Yes
- View description: Bay, Ocean, Sound
- Has water view: Yes
- Water view: Bay,Ocean,Sound
- Waterfront features: Medium Bank, Bayfront
- Frontage length: Waterfront Ft: 124
Lot
- Size: 1.13 Acres
- Features: Corner Lot, Dead End Street, Paved, Cabana/Gazebo, Cable TV, Electric Car Charging, Fenced-Partially, Gas Available, Green House, High Speed Internet, Outbuildings, Patio, RV Parking, Shop
- Topography: Partial Slope,Terraces
- Residential vegetation: Fruit Trees, Garden Space
Details
- Parcel number: P20183
- Special conditions: Standard
- Other equipment: Wired for Generator
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 2 Story
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Poured Concrete
- Roof: Tile
Condition
- Year built: 1993
Utilities & green energy
- Electric: Company: PSE
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: City of Anacortes
Community & HOA
Community
- Subdivision: Similk Beach
Location
- Region: Anacortes
Financial & listing details
- Price per square foot: $385/sqft
- Tax assessed value: $2,579,300
- Annual tax amount: $21,131
- Date on market: 4/29/2026
- Cumulative days on market: 38 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Garbage Disposal, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
Estimated market value
$2,236,200
$2.12M - $2.35M
$5,952/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Listed for sale | $2,350,000-20.3%$385/sqft |
Source:  NWMLS as distributed by MLS GRID #2502889 Report a problem | ||
| 4/16/2025 | Listing removed | $2,950,000$484/sqft |
Source: BHHS broker feed #2269584 Report a problem | ||
| 3/15/2025 | Pending sale | $2,950,000$484/sqft |
Source: BHHS broker feed #2269584 Report a problem | ||
| 7/25/2024 | Listed for sale | $2,950,000-15.2%$484/sqft |
Source: BHHS broker feed #2269584 Report a problem | ||
| 7/25/2024 | Listing removed | $3,480,000$571/sqft |
Source: BHHS broker feed #2233975 Report a problem | ||
| 5/10/2024 | Listed for sale | $3,480,000+231.4%$571/sqft |
Source: BHHS broker feed #2233975 Report a problem | ||
| 6/7/2019 | Sold | $1,050,000-12.4%$172/sqft |
Source: NWMLS as distributed by MLS GRID #1273286 Report a problem | ||
| 5/24/2019 | Pending sale | $1,199,000$197/sqft |
Source: KW Everett #1273286 Report a problem | ||
| 5/24/2019 | Price change | $1,199,000-4.1%$197/sqft |
Source: KW Everett #1273286 Report a problem | ||
| 5/23/2019 | Pending sale | $1,250,000$205/sqft |
Source: Keller Williams Realty Everett #1273286 Report a problem | ||
| 5/23/2019 | Price change | $1,250,000+4.3%$205/sqft |
Source: Keller Williams Realty Everett #1273286 Report a problem | ||
| 4/9/2019 | Pending sale | $1,199,000$197/sqft |
Source: KW Everett #1273286 Report a problem | ||
| 1/11/2019 | Price change | $1,199,000-4.1%$197/sqft |
Source: KW Everett #1273286 Report a problem | ||
| 4/13/2018 | Listed for sale | $1,250,000-3.8%$205/sqft |
Source: KW Everett #1273286 Report a problem | ||
| 3/2/2018 | Listing removed | $1,299,000$213/sqft |
Source: Realty One Group Preview #609747 Report a problem | ||
| 11/22/2017 | Price change | $1,299,000+2.3%$213/sqft |
Source: Realty One Group Preview #609747 Report a problem | ||
| 7/10/2017 | Listed for sale | $1,270,000-2.1%$208/sqft |
Source: Realty One Group Preview #609747 Report a problem | ||
| 3/23/2017 | Listing removed | $1,297,000$213/sqft |
Source: Realty One Group Preview #609747 Report a problem | ||
| 10/5/2016 | Price change | $1,297,000-2.1%$213/sqft |
Source: Realty One Group Preview #609747 Report a problem | ||
| 7/21/2016 | Listed for sale | $1,325,000-13.4%$217/sqft |
Source: Realty One Group Preview #609747 Report a problem | ||
| 4/17/2016 | Listing removed | $1,530,000$251/sqft |
Source: Realty One Group Preview #609747 Report a problem | ||
| 6/22/2015 | Price change | $1,530,000-7.3%$251/sqft |
Source: Realty One Group Preview #609747 Report a problem | ||
| 5/30/2015 | Listed for sale | $1,650,000$271/sqft |
Source: Realty One Group Preview #609747 Report a problem | ||
| 10/26/2014 | Listing removed | $1,650,000-1.5%$271/sqft |
Source: Preview Properties, Inc. #609747 Report a problem | ||
| 10/18/2013 | Listing removed | $1,675,000$275/sqft |
Source: Preview Properties, Inc. #473504 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $21,131 +1.8% | $2,579,300 +1.5% |
| 2023 | $20,767 +9.4% | $2,542,000 +13.5% |
| 2022 | $18,976 | $2,239,700 +17.1% |
| 2021 | -- | $1,912,300 +25% |
| 2020 | $16,135 +8.5% | $1,529,400 +1% |
| 2019 | $14,865 +1% | $1,513,900 +7.4% |
| 2018 | $14,717 +8.8% | $1,409,100 +11.3% |
| 2017 | $13,522 +1.9% | $1,265,800 |
| 2016 | $13,272 +5.2% | $1,265,800 +6% |
| 2015 | $12,611 +2.6% | $1,194,100 |
| 2013 | $12,292 0% | $1,194,100 0% |
| 2012 | $12,292 -9.7% | $1,194,200 -12.9% |
| 2011 | $13,619 | $1,370,600 -6.2% |
| 2010 | $13,619 +7.9% | $1,461,300 -5.8% |
| 2009 | $12,623 -0.8% | $1,552,000 |
| 2008 | $12,720 | $1,552,000 |
| 2007 | $12,720 +22.1% | $1,552,000 +62.2% |
| 2003 | $10,415 +9.6% | $957,000 +1.9% |
| 2002 | $9,501 -4.4% | $939,000 +7.4% |
| 2001 | $9,942 -1.8% | $874,000 +3.6% |
| 2000 | $10,129 | $843,400 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 98221
Nearby schools
GreatSchools rating
- 7/10Fidalgo Elementary SchoolGrades: K-5Distance: 1 mi
- 6/10Anacortes Middle SchoolGrades: 6-8Distance: 4.8 mi
- 9/10Anacortes High SchoolGrades: 9-12Distance: 5.1 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Washington
- Skagit County
- Anacortes
- 98221
- 8480 Thompson Beach Road
Nearby cities
Nearby zip codes
Other Anacortes Topics
