All homes

$624,950

Reduced $70,050 — was $695,000

100 Treasure Island Road

Allyn, WA 98524

Active
BayfrontNo BankSaltwaterSeaSoundBay view

Beds

2

Baths

2

Sq Ft

1,212

Lot

0.26 ac

Year built

1980

Type

Residential

Days listed

111

MLS #

2531366

About this home

3 dwellings, 1 extraordinary waterfront property! Enjoy the flexibility and lifestyle opportunities of this rare 50ft true no-bank waterfront retreat, perfectly positioned on the beach with stunning views of Treasure Island and Puget Sound from nearly every window. Whether you’re looking for full-time waterfront living, a multi-generational setup, vacation retreat, or income-producing property, this one offers it all. The property features a charming primary beach cabin, a detached 1 bed/1 bath ADU, plus an additional cottage currently used as a bunkhouse and art studio with endless flexibility for guests, hobbies, office space, or additional sleeping quarters. Cozy cabin styling throughout creates the perfect Pacific Northwest beach getaway feel. Move-in ready and option to sell some furnishings, it’s ready to enjoy immediately or as a successful short-term rental investment. Just steps from the deck to the water, enjoy kayaking, paddle boarding, boating, swimming, and endless beach days right from your backyard. Conveniently located near the Port of Grapeview boat launch and Fair Harbor Marina for moorage and fuel. A rare opportunity to own a turnkey waterfront escape with unforgettable views, income potential, and the ultimate waterfront lifestyle.

Interior features

Ceiling Fan(s)Dbl Pane/Storm WindowDining RoomFireplaceSkylight(s)Vaulted Ceiling(s)Water Heater

Exterior features

LogWoodWood Products

Appliances

DishwasherDryerMicrowaveRefrigeratorStove(s)/Range(s)Washer

Schools

Elementary

Grapeview Elem

Middle

Grapeview

High

North Mason Snr High

Property details

Heating
Baseboard, Stove/Free Standing, Wall Furnace
Cooling
None
Flooring
Ceramic Tile, Laminate, Carpet
Parking
Driveway, Attached Garage, Off Street
View
Bay, See Remarks, Sound, Territorial
Lot
Paved
Water source
Community
Sewer
Septic Tank
Levels
One
Fireplaces
1

Costs

Price / sq ft
$516
Annual taxes
$4,593 (2026)

Estimate your monthly payment

$3,543/mo

Principal & interest
$3,160
Property taxes
$383
Loan amount $499,960

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Allyn, WA 98524

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Windermere PeninsulaProperties— Lori Anderson.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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