Rare opportunity to create a legacy waterfront estate and compound on this absolutely gorgeous 8.6 acre parcel w/ spectacular views and nearly 500 feet of medium bank shoreline in a private, park like setting! This classic Pacific NW beauty offers a front row seat to stunning Oak Bay, Central Puget Sound's shipping lanes, and awe-inspiring panoramic views of the Cascade Mountains including White Horse, Three Fingers, Glacier Peak, Mount Pilchuck, w/ Mount Baker to the north and the lower peaks of the North Cascades to the south. Full survey, geotechnical report, and shoreline staking completed. Enjoy the cozy updated fully-furnished manufactured home (offered turnkey!) while you design and build the custom home and estate of your dreams!