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$314,900

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 1,452 Sq. Ft.
  • 1 Car Garage
  • Updated 10 days ago

Listed by Stephanie L. Johnson | Keller Williams Western Realty | (866) 738-7070 and Kymber Self | Keller Williams Western Realty | (866) 738-7070

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See This Home
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Price reduced on this Diamond in the rough near Penn Cove! Set on a generously sized lot in a great neighborhood, this property is perfect for investors, contractors or a home owner DIY'er looking to add value. The 3 bedroom, 1 bathroom with 1452 square feet and attached single car garage is ready for a facelift update. Renovate, expand, or re-imagine-endless possibilities. This location is minutes from SR 20, The Blue Fox Drive-in and all amenities of Oak Harbor. The level lot has a partially fenced backyard with garden space or room for larger garage/shop and the front yard is just waiting for a green thumb! Estate sale Sold As-is.

Full Property Details for 1040 W Shady Ln

General

  • Price: $314,900
  • Taxes: $520 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NWMLS
  • MLS ID: 2459607
  • Updated: 1/7/2026
  • Added to Site: 34 day(s) ago

Interior

  • Interior Features: Water Heater
  • Appliances: Stove(s)/Range(s)
  • Flooring: Hardwood, Vinyl, Carpet

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Floor Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Upper: 3

Additional Information

  • Amenities: Fenced-Partially
  • Security/Safety: Partially Fenced

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: Attached Garage

Location

  • Area: 813 - North Whidbey Island
  • County: Island
  • Subdivision: Penn Cove
  • Driving Directions: SR 20 to N Monroe Land Rd to Scenic Heights Rd to Park Rd to Shady Ln

School Information

  • High School District: Oak Harbor
  • Elementary School: Buyer To Verify
  • Middle School: Buyer To Verify
  • High School: Buyer To Verify

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Unit(s)
  • Water Heater: Electric

Utilities

  • Sewer: Sewer Connected
  • Water: Public

Structural Information

  • Architectural Style: Craftsman
  • Structure Type: House
  • Exterior Const.: Wood
  • Basement Desc.: None
  • Foundation: Poured Concrete
  • Roof: Composition
  • Entry Location: Main
  • Square Feet: 1,452
  • Finished Total: 1,452 Sq. Ft.
  • Year Built: 1949
  • Property Condition: Fixer

Lot Features

  • Property View: Bay, Partial, See Remarks
  • Lot Size (Acres): 0.3099
  • Lot Size (Sq. Ft.): 13,501
  • Lot Size Source: Tax Records
  • Topography: Level
  • Lot Features: Paved
  • Trees/Vegetation: Garden Space

Financial Considerations

  • Tax Amount: $520
  • Tax Year: 2025
  • Terms: Cash Out

Disclosures and Reports

  • Special Conditions: None
  • Inclusions: Stove(s)/Range(s)
  • Property ID: S773000000142

Listed by Stephanie L. Johnson | Keller Williams Western Realty | (866) 738-7070 and Kymber Self | Keller Williams Western Realty | (866) 738-7070

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NMLS#: 1598647

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Schools serving 1040 W Shady Ln

School District:Oak Harbor School District
NameGradesDistance
Oak Harbor Intermediate School
150 Southwest 6th Avenue, Oak Harbor, WA 98277
5-63.6 mi
Hillcrest Elementary School, Oak Harbor, WA
1500 Northwest 2nd Avenue, Oak Harbor, WA 98277
K-44.1 mi
Oak Harbor High School
950 Northwest 2nd Avenue, Oak Harbor, WA 98277
9-124.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1040 W Shady Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/07/2026
Price Reduced
$314,900
-8.7%
MLS
12/15/2025
Listed
$344,900
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1040 W Shady Ln

Year
Property Taxes
Change
Tax Assessment
Change
2021
$955
15%
$246,973
-18%
2023
$832
-13%
$300,938
34%
2021
$955
2%
$224,867
-1%
2020
$932
-4%
$226,419
13%
2019
$975
-51%
$200,156
8%
2018
$1,992
49%
$185,777
41%
2017
$1,335
-4%
$132,018
-1%
2016
$1,396
-3%
$133,260
-1%
2015
$1,437
2%
$134,502
3%
2014
$1,412
12%
$130,744
-5%
2013
$1,258
—
$138,019
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1040 W Shady Ln

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Listed by Stephanie L. Johnson | Keller Williams Western Realty | (866) 738-7070 and Kymber Self | Keller Williams Western Realty | (866) 738-7070

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1040 W Shady Lane, Oak Harbor, WA 98277 (MLS# 2459607) is a Single Family property with 3 bedrooms and 1 full bathroom. 1040 W Shady Lane is currently listed for $314,900 and was received on December 15, 2025. Want to learn more about 1040 W Shady Lane? Do you have questions about finding other Single Family real estate for sale in Oak Harbor? You can browse all Oak Harbor real estate or contact a Coldwell Banker agent to request more information.

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