Peek inside $75M family compound for sale on San Juan Island [View all]

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Business | Local News | Real Estate

Peek inside $75M family compound for sale on San Juan Island

March 30, 2023 at 12:38 pm



1 of 15 | A 90-acre compound on San Juan Island is the most expensive home currently for sale in Western Washington at $75 million. (Tim Van Asselt / Clarity Northwest)

By Heidi Groover
Seattle Times business reporter

A $75 million compound for sale on San Juan Island is among the most expensive listings in Western Washington history. ... The nearly 90-acre property, marketed as Halftide Farms, is a sprawling array of homes and guesthouses the listing agent likens to vacation properties in the Hamptons.

The four parcels along the eastern coast of San Juan Island on Griffin Bay are owned by the Ackerley family. The late Ginger and Barry Ackerley owned the Seattle Sonics for 18 years, and Ginger Ackerley founded the Seattle Storm.

The listing hit the market last week, approaching last year’s record-breaking $85 million listing on Hunts Point. That property, owned by telecom baron Bruce McCaw, did not sell last year and is no longer listed. Anna Riley, the Windermere agent who listed that property, said she expects the property to “become available again” but declined to share details.

In 2022, the Bruce McCaw property was the most expensive listing in the history of the Northwest Multiple Listing Service, which covers 26 counties in Western Washington. The $75 million San Juan Island compound is the second-most expensive listing in NWMLS history and the most expensive home currently listed, according to listing agent Tere Foster, with Compass. The NWMLS did not immediately return a request for comment to confirm.

“You would compare this to something in the Hamptons or other large family compounds nationally,” Foster said. ... “The buyer or buyers who will come and consider this — that’s what they’ll be looking at,” Foster said. “They have the flexibility of many locations. There’s a great airport in Friday Harbor. You can land a jet. You can come in from all over the country.”

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