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This extraordinarily rare 10.4-acre waterfront estate is already subdivided into three parcels, creating exceptional flexibility and opportunity. Acres of privacy surround the existing GUEST HOUSE/RENTAL, offering potential for a 1031 EXCHANGE, future development, or a remarkable multi-generational compound. Ideal for a long-term legacy waterfront lifestyle, this is a place to raise, invest, or build your dream. Set along the shores of Puget Sound, this one-of-a-kind property features expansive waterfront, a private oyster farm, tranquil pond, orchard space, rolling meadows, and towering evergreens creating a magical Pacific Northwest setting. Sweeping views stretch across the water to Mount Baker, surrounding islands, and unforgettable sunsets each evening. Enjoy kayaking, paddleboarding, beachcombing, wildlife watching, and oyster harvesting right from your own shoreline. Gently sloping grounds provide multiple potential building sites while preserving the peaceful, park-like atmosphere. The custom Yonkman-built Lake Tahoe Chalet-style home blends beautifully into the landscape while the land itself remains the true centerpiece of this extraordinary offering. With serene water views, mature trees, expansive lawns, and endless possibilities, this is a once-in-a-generation opportunity to own a legacy waterfront estate combining lifestyle, land, and long-term value.