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Wallace F Gudgell Jr

Wallace F Gudgell Jr
Real Estate Agent (Managing Broker)
Eastsound WA

Managing Broker (WA: 11589)

49 years experience

REALTOR® 16 Active Listings Serves San Juan County, WA
View on Realtor.com

Contact Information

Brokerage
Compass Eastsound
Office Address
Po Box 231
Eastsound, WA  98245-0231
(San Juan County)
Office Phone
360-507-5443
Office Fax
Mobile
360-507-5443
Email
wall*@*******.com
Show Email for $5

Service Areas

Eastsound: WA Orcas Island: WA Orcas: WA Friday Harbor: WA Roche Harbor: WA Olga: WA Charlotte: NC

About Wallace Gudgell

Wally Gudgell stands out as a leading real estate professional in the distinctive Orcas Island market, bringing over 35 years of experience and a remarkable track record of more than 1,000 successful transactions. As a second-generation broker, Wally possesses an intimate understanding of the local landscape, coupled with exceptional negotiation skills and comprehensive market knowledge.

In 1992, he founded Gudgell Properties after gaining valuable insights from various franchises. His decision to merge with Windermere after 15 prosperous years has allowed him to leverage advanced marketing tools, enhancing the service he provides to his clients. Wally’s commitment to the islands extends beyond real estate; he actively supports initiatives focused on environmental preservation, marine health, affordable housing, and the financial well-being of island residents.

Clients working with Wally benefit from the expertise of the Gudgell Group, a dedicated team of professionals. Wally specializes in land use, development, shoreline permitting, and banking, ensuring a comprehensive approach to real estate transactions. Partner Laura Hasselman meticulously manages the intricate details of each deal, ensuring seamless communication and support for clients. Terri Gilleland, the newest addition to the team, collaborates with Laura to address clients' daily needs, while Susan Gaiser Gudgell oversees marketing and business management.

In today’s complex real estate environment, Wally’s unmatched familiarity with island properties is invaluable. The Gudgell Group is equipped with the tools and knowledge necessary to navigate the intricacies of San Juan County land use, providing clients with thoughtful, straightforward analyses tailored to their unique needs. Whether buying or selling, clients can expect a dedicated team ready to assist at every step of the process.

San Juan County, WA Real Estate Market Analysis (Single Family Homes)

$2,058,116
Avg. Listing Price
From Wallace's portfolio
2.9 / 3.0
Avg. Beds/Baths
Typical property size
2,746 sf
Avg. Square Footage
Interior living space
119
Active Listings
Current inventory

San Juan County's real estate market represents one of Washington's most unique and exclusive property landscapes, encompassing a stunning archipelago of 172 named islands scattered throughout the northern Puget Sound. This island paradise, accessible primarily by ferry or private boat, creates an inherently limited and highly coveted housing inventory that drives consistent demand among affluent buyers seeking waterfront retreats and permanent island residences.

The county's remote location and natural beauty have created a surprisingly resilient market that often defies mainland real estate trends. With just 61 total actively licensed agents serving the entire county—all equipped with email for modern communication—the market operates with an intimate, relationship-driven approach that contrasts sharply with urban real estate dynamics. This small but dedicated agent network manages transactions across diverse property types, from modest island cottages to multi-million dollar waterfront estates.

Major San Juan County, Washington Real Estate Markets

Friday Harbor on San Juan Island serves as the county's commercial and residential hub, offering the most developed infrastructure including the main ferry terminal, county offices, and year-round services. The town's walkable downtown and protected harbor make it particularly attractive to both full-time residents and seasonal homeowners. Lopez Island and Orcas Island represent the other primary markets, with Eastsound on Orcas Island providing a charming village atmosphere surrounded by luxury rural properties and vacation rentals.

Shaw Island, Blakely Island, and dozens of smaller islands create niche micro-markets that often feature entirely off-grid properties or exclusive private island estates. These remote locations command premium prices despite limited amenities, attracting buyers who prioritize privacy and natural beauty over convenience. Each island maintains its distinct character and price points, from Lopez Island's agricultural charm to Orcas Island's mountainous terrain and artistic community.

Market Dynamics and Geographic Complexity

The ferry-dependent transportation system creates unique market rhythms tied to seasonal accessibility and tourism patterns. Summer months see intense activity as buyers can more easily visit properties, while winter transactions often rely heavily on virtual tours and agent expertise. Property values remain remarkably stable due to limited developable land and strict environmental regulations that preserve the islands' pristine character.

Water access, utilities availability, and ferry proximity dramatically influence property values within the county. Homes with private docks, reliable well water, and year-round road access command significant premiums. The market also features an unusually high percentage of cash transactions, reflecting the affluent buyer demographic attracted to island living and the challenges of arranging traditional financing for remote properties.

Why Businesses Need San Juan County, Washington Agent Contact Data

The county's 61 licensed agents represent a concentrated network of specialists with intimate knowledge of island-specific regulations, environmental constraints, and unique property features that mainland agents rarely encounter. Real estate service providers, from marine surveyors to island contractors, can efficiently reach this entire professional community to offer specialized services that support the complex transactions typical in island markets.

Luxury service providers, vacation rental management companies, and marine industry businesses find particular value in connecting with San Juan County agents who regularly work with high-net-worth clients seeking comprehensive island lifestyle solutions. The 100% email accessibility among these agents facilitates efficient communication despite the geographic challenges, making targeted outreach campaigns highly effective for businesses serving the unique needs of island property owners and investors.

Current Property Listings

As of 2/17/2026, Wallace Gudgell has 16 properties for sale in Eastsound and surrounding areas. These are the top 10 listings.

$3,750,000

Listed 2025-03-14

664 Tidewinds Ln
Orcas Island, WA  98245

Beds: 3.0
Baths: 3.0
Sq Ft: 5,808
Lot: 122,482 sf
Single Family Map
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$425,000

Listed 2025-11-03

156 Vista Pl
Friday Harbor, WA  98250

Beds: 2.0
Baths: 0.5
Sq Ft: 1,028
Lot: 24,337 sf
Single Family Map
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$259,000

Listed 2025-05-25

Raccoon Point Rd Lot 19
Orcas Island, WA  98245

Beds:
Baths:
Sq Ft:
Lot: 24,102 sf
Land Map
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$575,000

Listed 2023-05-16

0X Orcas Rd
Orcas Island, WA  98245

Beds:
Baths:
Sq Ft:
Lot: 871,200 sf
Land Map
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$340,000

Listed 2025-05-02

Raccoon Point Rd Lot 2
Orcas Island, WA  98245

Beds:
Baths:
Sq Ft:
Lot: 72,824 sf
Land Map
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$4,800,000

Listed 2025-12-15

1687 1689 Spring Point Rd
Orcas Island, WA  98243

Beds: 7.0
Baths: 4.5
Sq Ft: 5,461
Lot: 78,382 sf
Single Family Map
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$150,000

Listed 2025-06-28

547 Raccoon Point Rd
Orcas Island, WA  98245

Beds:
Baths:
Sq Ft:
Lot: 22,468 sf
Land Map
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$1,095,000

Listed 2025-12-03

300 Pleasure Horse Rd
Orcas Island, WA  98245

Beds: 1.0
Baths: 1.5
Sq Ft: 1,500
Lot: 948,497 sf
Single Family Map
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$1,950,000

Listed 2025-07-12

1669 Day Lake Rd
Orcas Island, WA  98245

Beds: 4.0
Baths: 3.0
Sq Ft: 3,056
Lot: 436,075 sf
Single Family Map
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$1,550,000

Listed 2026-01-09

309 Sunset Ave
Orcas Island, WA  98245

Beds: 3.0
Baths: 3.0
Sq Ft: 2,160
Lot: 30,000 sf
Single Family Map
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Current Property Rentals

Wallace Gudgell currently has no rental properties available in Eastsound and surrounding areas. Check back later.