As buyers eagerly returned to the real estate market following a slow-down bolstered by COVID-19-related precautions, a record-setting sale was made on Whidbey Island. Global Real Estate Advisor Jay Kipp represented the 22-acre Greenbank estate, which sold for $5,435,000, the largest sale of a residence on the island in its history.
The estate, including a home of 5,334 square feet, is the product of a meticulous design and construction process, as well as the diligent dedication of the master gardener sellers. The property has been featured in multiple books and articles as an example of Pacific Northwest garden design at its best.
The estate bears its name from the historic cove nestled directly below the property, including 275 feet of high bank waterfront. The outdoor amenities will surely be enjoyed by the local buyers—its private park-like setting blends seamlessly with neighboring DNR land, offering unrivaled tranquility, while the grounds are also home to nesting eagles, deer, with seals, otters, and orca pods that play just offshore.
“It was important to us to find a buyer who truly appreciated everything this listing had to offer,” said Kipp. “It’s an incredibly special estate and I’m not surprised a residence of this caliber broke records. And with the caring stewardship of my clients, the buyers truly found a unique opportunity.”
Congratulations to Jay Kipp and his clients!
It is also an anticipated record year for sales for Realogics Sotheby’s International Realty. Despite an initial slow-down in the real estate market this spring, inventory has ticked up right along with buyer demand, which means very few homes are left sitting on the market for very long. Whether it’s about making changes to better suit the work-from-home lifestyle or those relocating from out of state incentivized by Washington’s lack of income tax, buyers aren’t likely to stay sidelined even during a typically slower time of year—the holidays.