Property Details

2295 S Camano Drive
Camano Island, WA 98282
$1,384,000
MLS# 2511743 courtesy of NWMLS Listing firm: Windermere Real Estate Co.

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2295 S Camano Drive , Camano Island, WA 98282, Camano Island

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2295 S Camano Drive , Camano Island, WA 98282, Camano Island

1 / 40
Multi-Family
Property Type
3,855
Bldg Sq Ft
2
Units
5.60%
Cap Rate
2009
Year Built

Property Overview

Two beautiful homes tucked away on nearly 10 acres, surrounded by private forested land on Camano Island. The main home is a 5-bedroom + den/office, 2.5 bathroom, 2-story charmer accompanied by a 2-bedroom, 2-bathroom rambler, built w/accessibility in mind. The main home boasts an open kitchen/living area, dining room, French doors, a large partially covered deck off the main living area, & covered farmhouse style porch at the entry. The primary bedroom has private access to the deck, an oversized ensuite w/dual vanity, jetted tub & WIC closet. Upstairs has a large open living room perfect for movie night, w/bedrooms off each corner for ultimate privacy. The 2nd home (DADU) offers an open floorplan w/huge, covered deck off the kitchen, large ensuite in the primary bedroom, 2nd bedroom & additional full bathroom. Both homes offer 2-car attached garages along w/ample parking in the driveways. Both homes have been recently updated w/designer exterior paint, interior paint, new flooring throughout, & promise not to disappoint. The property also includes an impressive, nearly 2000sf two-story shop (previously used as a woodworker, craftsman shop) w/built-in retail/office space for your business aspirations, as well as room to build out the upstairs as an apartment. Endless possibilities! All of this w/numerous garden beds, ATV trails, an 8-bedroom septic, private well installed in 2009, & outbuildings, on your own piece of secluded paradise! Seller Inspection available after tour!

Property Details

Property Information

Property Type Residential Income
Subtype Multi Family
Status Contingent
County Island
Neighborhood Camano
Listed Jan 27, 2026

Financial Summary

Cap Rate 5.60%
Net Operating Income $77,378
Gross Scheduled Income $87,564
Gross Rent Multiplier 15.80
Total Expenses $10,186

Building & Use

Building Sq Ft 3,855
Leasable Area 4,755 sqft
Total Units 2
Lot Size 9.52 acres
Year Built 2009

Exterior & Lot

Lot Size 9.52 sqft
Year Built 2009
Garage 4 spaces
Exterior Materials Cement Plank, Wood
Parking RV Parking
Sewer Septic Tank
Water Source Individual Well
Lot Features Open Space, Secluded
Exterior Features Cement Planked, Wood Products

Location

City Camano Island
County Island
Coordinates 48.12822, -122.45689

Additional Information

Tax Year 2026
Annual Taxes $6,686
Possession Array
Listed By
Glenda Fabrizio
Windermere Real Estate Co.

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