This fully permitted mixed-use building site is located in the vibrant heart of Freeland, presenting a prime opportunity for residential and commercial investment. The architectural plans include approximately 3,200 square feet of versatile commercial space on the ground floor, perfect for retail or office use. Above, youll find three thoughtfully designed 2-bedroom apartments, each offering comfortable living spaces. Combines the best of both worlds, providing potential rental income from the apartments while benefiting from the foot traffic generated by the commercial space. Septic plan capacity expanded for development. Save 2 years of per-application work! Don’t miss this opportunity to invest in a thriving community!
Property Details
Property Features
Listing Office:
Office Name: American Dream R. E. Services
Office Phone: (360) 588-1515
Listing Agent: Forbes Hansen
Lot Features
Lot Information:
Lot Size: 0.71 Acres
Other
Directions Information:
Directions: On Whidbey Island, take SR 525 to E Main Street in Freeland, then turn onto Myrtle Ave; 5524 Myrtle Ave will be on your left.
Price Information
Listing Price Info
Price Summary:
List Price: $575,000
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Housing Market Comparison
See how this home compares to others in Central Whidbey Island, WA.
This property is $25K less than the Median Sold Price in Central Whidbey Island, WA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: NWMLS
MLS Number: #2302056
Listing Office:
Office Name: American Dream R. E. Services
Office Phone: (360) 588-1515
Listing Agent: Forbes Hansen
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
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.
Disclaimer: The information contained in this listing has not been verified by Rocket Homes Real Estate, LLC and should be verified by the buyer. All information deemed reliable but not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. All properties are subject to prior sale, change or withdrawal. Neither broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Days on site is calculated from the listing date of the current listing and includes the sum of market time from prior listings for the same property uninterrupted by a sale or more than 60 days off-market. Time off market, including time when a sale is pending, temporarily off market, etc. is not included. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 3:17:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
South Whidbey Elementary School
5380 Maxwelton Rd
Distance between this listing and this school5.59 miles
Public District Grades KG-6
3
/10
Elger Bay Elementary School
1810 Elger Bay Rd
Distance between this listing and this school9.75 miles
Public District Grades KG-5
4
/10
Chimacum Elementary School
91 W Valley Rd
Distance between this listing and this school11.30 miles
Public District Grades 3-6
Nearby Schools
7
/10
South Whidbey Middle School
5675 Maxwelton Rd
Distance between this listing and this school5.66 miles
Public District Grades 7-8
6
/10
Olympic View Middle School
2602 Mukilteo Speedway
Distance between this listing and this school12.01 miles
Public District Grades 6-8
6
/10
Harbour Pointe Middle School
5000 Harbour Pointe Blvd
Distance between this listing and this school13.08 miles
Public District Grades 6-8
Nearby Schools
9
/10
South Whidbey High School
5675 Maxwelton Rd
Distance between this listing and this school5.66 miles
Public District Grades 9-12
10
/10
South Whidbey Academy
5675 Maxwelton Rd
Distance between this listing and this school5.66 miles
Public District Grades 10-12
6
/10
Chimacum Junior / Senior High School
91 W Valley Rd
Distance between this listing and this school11.36 miles
The neighbors living near this home have an average income of $62,500. Most Central Whidbey Island, WA residents have annual incomes between $35k-100k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 5524 Myrtle Ave
What is the listing price of this property?
The listing price of 5524 Myrtle Ave property is $575,000.
What type of property is this?
The property 5524 Myrtle Ave is land located in Freeland, Washington, 98249.
Is this property for sale now?
Active Listing: 5524 Myrtle Ave is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 5524 Myrtle Ave in Freeland, WA and zip code 98249. This home sits on a 0.71 acre lot. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $575,000.
Central Whidbey Island, WA housing market in November 2024 saw over 3 listings sold above listed price, more than 9 sold at listed price and over 9 sold below. The inventory of homes for sale in Central Whidbey Island, WA between October 2024 and November 2024 decreased by 14.4%. The median list price of listings available in November 2024 was $600,000, while the average time on the real estate market was 47 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Northwest Multiple Listing Service as distributed by MLS GRID.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Northwest MLS IDX. Real estate listings held by other brokerage firms are marked with the green "three trees" logo and includes the name of the listing broker(s). Copyright © 2024 Northwest MLS. All rights reserved. 
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